March 9, 2021 12:19 PM

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Chief Economic Adviser stresses on need to focus on what causes distress in infrastructure projects

<span style="color: #222222;">Chief Economic Adviser Dr K Subramanian has stressed on the need to focus on what causes distress in infrastructure projects.<br />''<br />'' Addressing a Webinar on Distressed Debt in the Infrastructure Sector, Dr Subramanian said, banks need to ensure capital allocation to the infra sector is of high quality. He said, the key problem in the banking sector is about the quality of lending especially on large loans. Dr Subramanian said the responsibility of infra-led growth for the country rests on the shoulders of the financial sector.</span><br />

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