With investments in core sector projects yet to see a significant uptick, the Finance Ministry is set to meet stakeholders from infrastructure sector and public-private partnership (PPP) financiers next week.

Department of Economic Affairs Secretary Shaktikanta Das along with senior Finance Ministry officials will meet infrastructure developers and PPP financiers on October 26 and 27. Sources said the meetings would focus on continuing bottlenecks in the sector that have impacted investments and suggestions to address these.

Projects stuck “Despite a number of efforts by the government to address funding by banks and fast track approvals, core sector projects are yet to take off. The meetings will discuss issues that can be resolved immediately as well as inputs for the Union Budget 2016-17,” said a senior government official.

Officials from government agencies including the National Highways Authority of India and India Infrastructure Finance Company Ltd as well as representatives from private sector firms are likely to attend the meet.

The discussions are a continuation of the two meetings held by Das this week with foreign portfolio investors and domestic financial institutions for suggestions to improve ease of doing business in the financial sector.

Hoping to boost investments in the infrastructure sector in order to spur growth, Finance Minister Arun Jaitley had in the Union Budget 2015-16 announced a slew of measures such as plug and play model for large core sector projects and the setting up of a National Investment and Infrastructure Fund.

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