India aims to raise $81bn by leasing state assets ...Qatar

India has announced plans to lease state-owned assets to the private sector in a bid to raise Rs6tn rupees ($81bn) to repair public finances battered by the pandemic and fund new infrastructure. Asia’s third-largest economy was left reeling from a Covid-19 surge and strict lockdowns enforced to contain the virus, creating a significant budget deficit and pushing millions into poverty. Private firms will be able to lease on a long-term basis over 26,000kms of roads, power transmission lines, hydroelectric and solar power assets, phone networks, and nearly 15,000 telecom towers, under the plans just announced. Also up for grabs will be some 8,000kms of natural gas pipelines, 15 railway statio

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