Penn Calendar Penn A-Z School of Arts and Sciences University of Pennsylvania

Human Capital

Falling Through the Cracks: India's Failing Infrastructure Policy

Partha Mukhopadhyay
Sunday, May 18, 2008

The primary purpose of physical infrastructure, even by a narrow economic viewpoint, is to support economic activity, while that of social infrastructure, such as education and healthcare, is to build and maintain human capital. Sadly, the infrastructure policy of the Indian government, both past and present, seems to be concerned with reducing fiscal costs, to the detriment of those two core objectives.