How to build agriculture infrastructure and make double-digit economic growth the new normal4 min read . Updated: 10 Aug 2017, 05:58 PM IST
The government has been moving on the right track. Investing in agriculture infrastructure will help India achieve escape velocity for double-digit growth
There is much to commend in the Narendra Modi government’s infrastructure push, such as the opening up of railways infrastructure to 100% foreign direct investment, rural electrification, driving the construction of new airports and sea ports across India, and divesting completed tollways through the toll-operate-transfer route to release capital for further investment. India needs over $1.5 trillion in the next decade to build infrastructure, and has thus far been looking abroad. With some creative policy thinking, a part of the solution might be found at home, especially for areas like crop storage and irrigation where several regions still lag behind.