Political leaders the world over are considering infrastructure spending as a means for reviving economic potential. Economists have long established a direct link between infrastructure spending and overall economic growth. Oxford Economics and PwC have forecasted that global spending on infrastructure development will be around $78 trillion till 2025.
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Needed, Politics of Consensus
Mid-week, on the December 22, 2016 morning the radio channels blared out a slew of infrastructure projects the Devendra Fadnavis government in Maharashtra would be inaugurating at the hands of India's Prime Minister Narendra Modi, a couple of days later.