The Central Government is likely to designate the Department of Economic Affairs (DEA) as the sole agency to define the scope of the term ‘infrastructure'.
The decision is likely to be taken at a meeting of the Committee of Secretaries here on Friday, a senior Finance Ministry official said here on Thursday.
At present, infrastructure has various definitions assigned by different agencies, which include regulators such as the RBI, the IRDA, the World Bank and the Income-tax Department.
According to the scope of Sec. 80-IA of the Income-tax Act, infrastructure covers electricity, water supply, sewerage, telecom, roads and bridges, ports, airports, railways, irrigation, storage (at ports) and industrial parks/special economic zones.