The Spending Challenge of Achieving the SDGs in South Asia: Lessons from India

Download or read book The Spending Challenge of Achieving the SDGs in South Asia: Lessons from India written by Mercedes García-Escribano and published by International Monetary Fund. This book was released on 2021-12-17 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia has experienced significant progress in improving human and physical capital over the past few decades. Within the region, India has become a global economic powerhouse with enormous development potential ahead. To foster human and economic development, India has shown a strong commitment to the Sustainable Development Goals (SDG) Agenda. This paper focuses on the medium-term development challenges that South Asia, and in particular India, faces to ensure substantial progress along the SDGs by 2030. We estimate the additional spending needed in critical areas of human capital (health and education) and physical capital (water and sanitation, electricity, and roads). We document progress on these five sectors for India relative to other South Asian countries and discuss implications for policy and reform.