The Union Budget 2021 saw the 'National Infrastructure Pipeline' expanded by over 500 new projects. There are also a slew of measures to monetise potential brownfield projects, increase capital expenditure and create funding for infrastructure projects via the newly set up National Bank for Financing Infrastructure and Development, with a capital base of Rs 20,000 crore.
What does this mean for corporate relations? Yashika Singh, country director, India for Speyside Corporate Relations believes that this will give rise to a great role for 'social licensing' in corporate relations. How does a 'social licence' work? How do you institutionalise it? Is it only for sectors such as mining? Watch Speyside's Yashika Singh in conversation with PRmoment India's Paarul Chand on the topic.