Shilpa Aggarwal is an Assistant Professor in the Economics and Public Policy area at the Indian School of Business. Her research focuses on topics in development economics, financial inclusion, and market access. Shilpa holds a Ph.D. in Economics from UC Santa Cruz, an M.A. in Economics from the Delhi School of Economics, and a B.A. (Honors) in Economics from Shri Ram College of Commerce, Delhi. Further information on her professional background and research interests is located here: http://www.isb.edu/faculty/shilpa_aggarwal/
Road to riches? An evaluation of India’s rural road programme
19 Aug 2015
Access to roads is believed to be essential for economic growth and poverty alleviation. This column evaluates the short-term impact of Pradhan Mantri Gram Sadak Yojana – India’s flagship rural road programme. It finds positive effects on trade between villages and cities, primary school enrolment, and use of productivity-enhancing agriculture inputs. However, school dropout rates among teenagers increased owing to better access to jobs.
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