The Changing Political Scenario and Its Impact on Infrastructure Projects.
The Changing Political Scenario and Its Impact on Infrastructure Projects. Peerzada Mohsin Shafi M.Tech Contracts and Infrastructure Development (Hons) India's ambition to become a $26 trillion economy is driving a multitude of infrastructure projects aimed at improving the quality of life for its citizens and bolstering economic growth. The government continuously introduces new schemes and projects, ranging from Smart Cities initiatives to extensive upgrades in roads, railways, airports, and hydropower. Infrastructure development is crucial for enhancing efficiency and reducing costs, with Memorandums of Understanding (MOUs) signed with various countries for technology exchange and collaboration. However, in India everything is linked to the politics and developmental projects are also affected by it, the five-year term of government presents a unique challenge. Each political party, upon assuming power, often launches projects aligned with its manifesto. The approval process fo...