Potholes in growth

The highway network is essential to India’s growth trajectory. Connecting supplies of raw materials to manufacturing hubs, and transporting final products to ports and railheads is only part of it; it is essential also to the creation of a true single market, where prices and wages are allowed to respond to national signals, creating truly inclusive growth and the expansion of markets. And, most importantly perhaps, good roads are crucial to keep transportation prices down and control inflation. Yet, while we are continually assured that road-building is high on the government’s priorities, facts on the ground demonstrate roads are in a state of shocking disrepair.

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