October 01, 2019

Creating jobs with infrastructure investment

Associates Harshita Agrawal and Prakhar Misra write in Business Standard on how spending on infrastructure should be directed to have the most impact on India's current jobs scenario. 

 

Excerpt: 

 

"Union Finance Minister Nirmala Sitharaman's recent announcement of a Rs 100 trillion to infrastructure development heads down a well-worn path. Like past attempts to address India's infrastructure deficit and provide a fiscal push to a slowing economy, it will have to reckon with a crucial question: where and how is the money best spent?

 

...factoring in economic geographies is key to capturing the far-reaching effects of infrastructure spending. Infrastructure spending needs to differ depending on the dominant economic base in a region - industry, services or agro-allied...


Read the complete article here.   

Topic : Transitions / In : OP-EDS
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