One of the paradoxes of India is that the massive infrastructure subsidies that the central and state governments sustain in the name of helping the poor have brought limited benefits to these target beneficiaries but play a key role in stalling the ambition to attain “Viksit Bharat”, whichever way you choose to define it. Unless these subsidies are reassessed, India’s yearning to become a manufacturing powerhouse will be as elusive as ever — a reality that ends up doing a disservice to the poor. This is not to argue against subsidies for the poor and genuinely needy. But India is
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