As in the case of the golden quadrilateral, a big push to certain targeted mega infrastructure projects can reignite the economy. This could begin in the form of a north-south and east-west expressway together with high speed rail corridors, both of which would generate large forward and backward linkages for several other sectors of the economy and regions around the rail/road networks.
In view of the strong GDP figure in the first quarter and other relevant statistics on hand, it is expected that the economy will grow at a reasonable pace in 2007. In fact, our positive assessment is shared by some international organisations and a reputable credit rating agency.