The National Highways Authority of India is administering one of the biggest and most important infrastructure projects of India. While in the early years, NHAI introduced important institutional innovations that made good quality highways possible, in recent years, things seem to have gone astray:
- A news item in Mint.
- Anubhuti Vishnoi in Indian Express.
- Abhinav Garg and Dipak Kumar Dash in The Times of India; and another article by Dipak Kumar Dash.
- An editorial in Mint.
- K.P. Narayana Kumar and Rahul Chandran in Mint.
Difficulties in building highways matter by themselves since these highways are a powerful transformative force that reshape the economy. These issues are also particularly pertinent when we think of the financial or institutional constraints that impede using fiscal policy to stimulate the economy in the downturn.