India mulls setting up large infrastructure banks to bridge $1.5t gap

Traffic passes a construction site for the Lucknow Metro developed by Lucknow Metro Rail Corp. and operated by Larsen & Toubro Ltd. in the Hazratganj area of Lucknow, Uttar Pradesh, India, on Tuesday, February 14, 2017. Photographer: Prashanth Vishwanathan/Bloomberg

India is considering turning to the private sector to help plug a chronic shortage of capital for infrastructure projects.

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