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Infrastructure helps in building productive capacity by bridging connectivity gaps, reducing distribution and trade costs, and facilitating the sharing of the benefits of growth with poorer groups and communities, among others. The evidence in this paper suggests the need for India to develop both hard as well as soft infrastructure for enhancing trade flows and growth. The existence of both aspects...
The sequence of events leading up to the upcoming auction of 1800MHz spectrum in India has led to the auctions acquiring an extraordinary significance for the future of the Indian mobile industry. A key feature of the auction design proposed by the regulator TRAI is the benchmarking of the reserve price of 1800MHz to the price of 2100 – 3G spectrum revealed in the 2010 auction. In the context of the...
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