The most tangible evidence of a nation’s progress is its infrastructure and that’s essentially what India lacked, which eventually hampered our growth rate and made us uncompetitive in terms of logistics cost.
Infrastructure sector is a key driver of the Indian economy. We have already seen how highways turned around the US economy and how port and shipping sector gave a much-needed impetus to China. Unfortunately, none of these could be replicated in India in the post-Independence period. Read More…
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