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ISBInsight is the Flagship Research Periodical of the Indian School of Business

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Shilpa Aggarwal

Assistant Professor of Economics and Public Policy, ISB.

Rural Road Construction in India and Socio-economic Development

Many rural regions lack access to paved roads even today, depriving them of access to economic opportunities. Shilpa Aggarwal, Assistant Professor of Economics and Public Policy at ISB shares her research on the socio-economic impact of new road connectivity granted under the Indian government's Pradhan Mantri Gram Sadak Yojana (PMGSY) to villages that lacked the access earlier.

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Roads to Riches? An Evaluation of the Pradhan Mantri Gram Sadak Yojana

In recent years, several countries and policy organisations have directed huge sums of money towards the construction of roads. For instance, the World Bank has spent $20 billion annually on transportation infrastructure since 2006, 69 percent of which has been for roads. Similarly, the government of India spent more than $30 billion on roads between 2001 and 2010. Much of this …

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