ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Private Investment and Policy Developments in Transport Sector

Liberalisation has led to the state withdrawing gradually from several infrastructure sectors even as it has pushed up the requirements of capital for economic development. This has boosted the importance of private-sector investment, especially in infrastructure development. This paper reviews policy developments in the transport sector in this new environment.

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