Infrastructure and Connectivity in India: Getting the Basics Right

Singh, Purva; Kathuria, Rajat

doi:10.1111/aepr.12144

Cited by 14 publications

(10 citation statements)

References 9 publications

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“…Purva Singh and Rajat Kathuria () detail the poor state of infrastructure in the transport sector in India and contrast it with the rise of India's services sector led by information and communication technology (ICT). According to Singh and Kathuria, the rise of the services sector reflects the weakness of India's physical infrastructure and the existence of a large and skilled English‐speaking population.…”

Section: Summary Of Papers and Discussionmentioning

confidence: 99%

Connectivity and Infrastructure: Editors' Overview

Hill

Ito

Iwata

et al. 2016

Asian Economic Policy Review

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This issue of the Asian Economic Policy Review focuses on the interrelated issues of connectivity and economic integration in developing Asian countries. While economic integration is a widely used and understood concept, it will be useful to briefly clarify the meaning of the term "connectivity", and to explain its relevance to long-term Asian development dynamics.At the most general level, we take connectivity to refer to infrastructure, both hard and soft, that links geographical locations to facilitate the flow of goods, services, technology, finance, and people, in order to enhance mobility and networking. Traditionally, the approach to connectivity emphasized hard infrastructure (sometimes also referred to as "tangible infrastructure"), and this emphasis is reflected in the papers that follow. Examples include major highways and rail networks, and ports and airports. Broader definitions of such infrastructure include utilitiestelecommunications, power, and water supply. The information and communication technology (ICT) revolution of the past two decades is of course radically changing the analytical meaning of infrastructure and the modes of infrastructure delivery, with tele-commuting, electronic communications, and e-commerce all having profound implications for connectivity.East Asian connectivity and economic integration has proceeded rapidly for several decades, driven by four broad sets of factors. First, far-reaching unilateral trade and investment liberalization that reduces the barriers to cross-border commerce has been undertaken in virtually all economies. These reforms have been underpinned by a broadly supportive global and regional architecture, notwithstanding some backtracking during the 2008-09 global financial crisis. A second factor has been the rise of the global factory and global value chains through cross-border production networks and supply arrangements. These have been a feature of East Asian economic development since the †Correspondence:

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Section: Summary Of Papers and Discussionmentioning

confidence: 99%

Connectivity and Infrastructure: Editors' Overview

Hill

Ito

Iwata

et al. 2016

Asian Economic Policy Review

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“…These initiatives have not proven adequate to revitalize investments into infrastructure sector. The debt markets also failed to take off as most of the infrastructure projects carry noninvestment grade credit rating (Kumari & Kumar Sharma, 2017;Singh & Kathuria, 2016).…”

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Spatial Distribution of Road Assets in Indian TOT Auctions

Shankar¹,

Tan²

2021

CSID-JID

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In March and December 2018, the Indian government auctioned two bundles of roads to monetize its assets using the Toll-Operate-Transfer (TOT) model. This paper focuses on understanding spatial distribution of monetized road assets for TOT I and II. Our hypothesis is that there are likely to be strategic reasons for the spatial distribution. The research design consists of comparative case studies of these two auctions. The data sources include in-depth interviews with bidders, government officials, and analysts as well as documentary analyses of concession agreements, bid documents, and other secondary data. It is found that road assets for TOT I were in "politically friendly" states with better asset quality to make them bankable and encourage private participation in future auctions. The bids were well above the reserve price. For TOT II, the assets were of lower quality and three highways out of eight in the auction bundle were in left-leaning opposition-controlled states. The reserve price was also higher, and unfortunately, the bids were too low, and the contract was not awarded.

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“…The private sector cannot depend on banks and NBFCs to expand investment in infrastructure projects. Singh and Kathuria () recommend a strengthening of the bond market and mobilizing insurance and pension funds through the bond market to finance private investment in infrastructure.…”

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confidence: 99%

“…Singh and Kathuria () conclude that “the first and foremost goal of involvement of the private sector should be to achieve efficiency gains as compared to purely procurement”. The PPP framework should be rebuilt to promote PPP projects.…”

mentioning

confidence: 99%

Comment on “Infrastructure and Connectivity in India: Getting the Basics Right”

Uchikawa

2016

Asian Economic Policy Review

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Infrastructure and Connectivity in India: Getting the Basics Right

Cited by 14 publications

References 9 publications

Connectivity and Infrastructure: Editors' Overview

Connectivity and Infrastructure: Editors' Overview

Spatial Distribution of Road Assets in Indian TOT Auctions

Comment on “Infrastructure and Connectivity in India: Getting the Basics Right”

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