Roads Don't Create Jobs | With Aunindyo Chakravarty
Neoliberal economists insist that building roads and other infrastructure boosts the economy and creates new jobs.
Neoliberal economists insist that building roads and other infrastructure boosts the economy and creates new jobs. This notion is behind the Modi government's decision to allocate Rs.10 lakh crore on capital expenditure in Budget 2023. In reality spending on roads neither boosts GDP nor does it create any jobs.
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