Monetisation of public assets has potential to supplement the resources needed to fund infrastructure. This can be done through the toll-operate-transfer contracts for national highways, infrastructure investment trusts and real estate investment trusts. Moreover, GoI seeks to tap the overseas bond market to raise required funds. Nonetheless, the infrastructure investment requirement can't be met only through public funding. So, the Budget correctly emphasises the importance of the private investment as a key driver, which can add to capacity, improve product delivery by employing new technology, which, in turn, can boost economic competitiveness. Both the Budget and Economic Survey have underlined the centrality of PPPs, to be used to tap private funds to unleash faster infrastructure development. Besides, GoI plans to encourage foreign portfolio investment as well as FDI in infrastructure. It also plans to introduce credit default swaps for the infrastructure sector and encourage equity investment by NRIs. In principle, these measures can help boost infra-investment. But private investent depends on the cost of capital,along with the magnitude and certainty of returns. Here, much more remains to be done. Several problems beset PPPs. These projects have been mired in contractual disputes with government departments and various regulatory hurdles. All these factors make infrastructure investment unnecessarily risky, and are the major reason behind non-availability of capital for PPPs and other private projects. The fundamental problem of infrastructure finance is the asset-liability mismatch. This problem can be addressed only by developinga vibrant bond market. A well-developed bond market will also benefit investment funds, such as insurance, pension and mutual funds, which are capable of investing in corporate bonds across different schemes. The increased limit for FDI in insurance sector intermediaries will add to the funds for the bond market. However, for the market to develop to the required depth and width, a compressive regulatory framework has to be put in place for both bonds and grading agencies. To boost private investment, budgetary announcements must be backed by policy reforms.