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Infrastructure and Connectivity in India: Getting the Basics Right
Author(s) -
Singh Purva,
Kathuria Rajat
Publication year - 2016
Publication title -
asian economic policy review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.58
H-Index - 20
eISSN - 1748-3131
pISSN - 1832-8105
DOI - 10.1111/aepr.12144
Subject(s) - bridging (networking) , order (exchange) , economics , distribution (mathematics) , business , microeconomics , public economics , industrial organization , computer science , computer security , finance , mathematical analysis , mathematics
Infrastructure helps in building productive capacity by bridging connectivity gaps, reducing distribution and trade costs, and facilitating the sharing of the benefits of growth with poorer groups and communities, among others. The evidence in this paper suggests the need for India to develop both hard as well as soft infrastructure for enhancing trade flows and growth. The existence of both aspects simultaneously will produce gains of a significantly higher order but one without the other is likely to be ineffective.