The role of infrastructure development cannot be overemphasised. Infrastructural investments constitute a very large part of the capital formation in India today, and increasing role of the private sector both in form of PPPs and investments in regulated industries is imperative. Yet in many sectors where due to limitations in design and policy the developments have not been rapid enough and poor performance have resulted in a drag in the economy. Many of the limitations in design design could have been anticipated. In this course we lay out the basis for interventions by government and participation of the private sector and financing challenges. We also bring out the changes necessary in the approach in a number of sectors, and thereby bring out the main issues that have constrained infrastructure. We also bring out approaches to risk assessment and allocation that are appropriate for particular sectors. The course would benefit consultants, regulators, government officials, developers, financial institutions hoping to get right their approach to the design of policy, law, and frameworks, upfront thereby avoiding the much iteration that projects/the design go through.