Symbiosis International University SCMHRD Pune MBA IM
Symbiosis International University SCMHRD Pune MBA IDM
Infrastructure Development on top of Government agenda: The 12th Plan envisages a mammoth investment of USD 1 Trillion in infrastructure sector. Private sector is expected to take up 50% of such investments and its share is expected to rise further in the future plans.
- Challenges: Government is facing serious challenges such as ensuring – appropriate Governance, faster land, environmental and other clearances, availability of long term funds, timely implementation within estimated costs, and at the same time protecting interest of all stakeholders.
- Shortage of skills to anticipate the problems and devise appropriate solutions is the lies below the aforesaid impediments.
- 300 IAS level Urban Infrastructure Specialists needed annually: This is the recommendation of High Powered Expert Committee (HPEC) for estimating the investment requirements for Urban Infrastructure Services (constituted by Ministry of Urban Development New Delhi) in its report submitted during March 2011.
- Specialists required for other sectors too: Other sectors such as Roads, Power, Aviation, Seaports, Urban Infrastructure, Railways, Agriculture, Social & Rural Infrastructure are also struggling to keep pace with the expected results.
- Engineering professionals with 360 degree infrastructure expertise: Critical areas of such as market analysis, regulatory, policy & legal compliances, financial evaluations, PPP structuring, environmental and social appraisal, legal and contractual management were so far handled by engineering professional with experience gained while implementing the projects. Now this is not enough.
- ‘Make the Infrastructure Happen’:India needs a large force of technocrats with formal professional education for creating comprehensive & multifaceted capabilities. This is precisely what the program intends to create.