NIFTY 50

DLF's Rajeev Talwar: Rail and road transport privatisation can help next government create a $7-trillion economy in 5 years

Updated : May 12, 2019 10:52 PM IST

Rajeev Talwar, managing director of DLF, said the key areas the next government would need to focus on are tourism, infrastructure, including privatisation of road and rail transport, and third would be agriculture—with focus on cash crops and good storage facilities.

Focusing on these areas could mean India would be a $7 trillion economy in the next five years, said Talwar.

The sixth of the seven-phase Lok Sabha elections are underway today and Talwar exercised his franchise in Delhi.

Talking about relief to home buyers, he said, “If DLF has to be an example it has fulfilled all its customer commitments and has created a surplus. [The company] has made a good portfolio of 30-32 million sq ft of leased out properties, which means money and cash flow is okay, sales are okay.

“So, the first responsibility of the government, any local body and all developers is that all those who had booked apartments should get them as early as possible and at the same price they had booked at,” he added.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV