Highlight the prerequisites for private investment in the infrastructure sector in India.
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Commercialisation in infrastructure will allow private entrepreneurs to enter the market.
- The policy of subsidies needs to be replaced by pricing policies based on market forces for private sector.
- Paying proper attention on the existing infrastructure and the anticipated demand is required because privatisation will necessitate a demand-oriented approach.
- There is a proper need of allocating it amongst different stakeholders.
- A transparent framework is needed so that there is neither direct regulation requirement nor pricing becomes inefficient.
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