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Of course, we can have infrastructure without Olympics. There's no doubt about that.
I'm talking about the pace of infrastructure construction. Look at Delhi and the Commonwealth Games, any fellowman living in Delhi will affirm that Delhi was turned into a construction zone in the months prior to the event. Now, this should have been done years before instead of months, to avoid all the sickening congestion that plagued Delhi. But it speaks to the sense of urgency, that bedeviled the Government on account of the event.
We all know how Indian infrastructure projects can drag along. How two years can become three, or eight years into ten. Now, that will not necessarily all vanish because of the Games- as was seen with the last minute preparedness of the Commonwealth Games, but it will remain in the backs of the heads of officials. A deadline that is far more concrete, than say a deadline from the Central Planning Commission, which is often perceived to be frivolous.
There is an additional benefit to hosting the Olympics, and that is the creation of housing, something that politicians would not necessarily be motivated to doing in peace-time. In a country like India, we need greater capacity generation and the Olympics will act as a 'spurt' to housing, the excess capacity bringing down housing prices in the city after Olympics-time, which currently are skyrocketing because of the supply constraint. The Olympics incentivizes the need to reduce red-tape, as it does with other infrastructure projects as well.
Of course, there's a flip side to the rapid infrastructure construction, and that is that the city turns into a mess when it is being re-constructed. But that pain will have to happen anyway, sooner rather than later. And you'd rather minimize the length of the pain, than extend it.
I'm talking about the pace of infrastructure construction. Look at Delhi and the Commonwealth Games, any fellowman living in Delhi will affirm that Delhi was turned into a construction zone in the months prior to the event. Now, this should have been done years before instead of months, to avoid all the sickening congestion that plagued Delhi. But it speaks to the sense of urgency, that bedeviled the Government on account of the event.
We all know how Indian infrastructure projects can drag along. How two years can become three, or eight years into ten. Now, that will not necessarily all vanish because of the Games- as was seen with the last minute preparedness of the Commonwealth Games, but it will remain in the backs of the heads of officials. A deadline that is far more concrete, than say a deadline from the Central Planning Commission, which is often perceived to be frivolous.
There is an additional benefit to hosting the Olympics, and that is the creation of housing, something that politicians would not necessarily be motivated to doing in peace-time. In a country like India, we need greater capacity generation and the Olympics will act as a 'spurt' to housing, the excess capacity bringing down housing prices in the city after Olympics-time, which currently are skyrocketing because of the supply constraint. The Olympics incentivizes the need to reduce red-tape, as it does with other infrastructure projects as well.
Of course, there's a flip side to the rapid infrastructure construction, and that is that the city turns into a mess when it is being re-constructed. But that pain will have to happen anyway, sooner rather than later. And you'd rather minimize the length of the pain, than extend it.