, Columnist
Victorious Modi Faces a $1.4 Trillion Roadblock
A planned spending splurge on highways and airports won’t become reality until a land-acquisition bill makes it through the upper house.
It’s not looking like China yet.
Photographer: Prashanth Vishwanathan/Bloomberg
This article is for subscribers only.
Don’t get your hopes up that India’s infrastructure will start to look like China’s after Narendra Modi’s historic victory.
Modi’s Bharatiya Janata Party made big promises in its election manifesto, among them 100 trillion rupees ($1.4 trillion) of investments in infrastructure by 2024 that would double the length of highways by 2022 and lead to a similar increase in the number of large commercial airports.