Phrasing investment in infrastructure ‘quintessential’ to boost growth, the Economic Survey (EC) on Friday said post unlocking of the economy, infra sectors are poised for growth and construction of roads is expected to return to the high pace attained before Covid-19.

The infrastructure sector will be fundamental to overall economic growth and macroeconomic stability, the Survey said emphasizing that the year after the crisis (2021-22) will require sustained and calibrated steps to facilitate the process of economic recovery and enable the economy to get back on its long-term growth trajectory.

"Basic infrastructure facilities in the country provide the foundation of growth. In the absence of adequate infrastructure, the economy operates at a suboptimal level and remains distant from its potential and frontier growth trajectory.

"The strong backward-forward linkages of the infrastructure sector are well established. Therefore, investment in infrastructure is quintessential for more rapid and inclusive economic growth," the Economic Survey tabled in Parliament said.

Asserting that Rs 111 lakh crore National Infrastructure Pipeline for 2020-2025 will be a game-changer for the Indian economy, the Survey said sectors like energy, roads, urban infrastructure, railways have a lion's share in it that will help boost growth.

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