"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..."
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