Union minister Nitin Gadkari said that roads and ports sectors will create over 50 lakh jobs by 2020 which will contribute nearly two per cent to the country's GDP. The ministry is keen to create nearly 50 lakh jobs over the period. The government intends to award 100 projects on public private partnership (PPP) basis next fiscal.
To meet the needs of the new projects the government will hire more people to complete the projects on time. "We are seeing an improvement in investor sentiment and interest from both domestic and international players in investing in the country's infrastructure projects. We have awarded nine projects in this year so far and by March end it will increase to up to 15 projects. Our target is to award 100 projects on PPP basis," he said.
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