Modi Needs Rivals’ Help to Meet $3 Trillion Infrastructure Goal

(Bloomberg) -- Prime Minister Narendra Modi must invest trillions of dollars on roads and other critical infrastructure if he’s to pull India’s economy out of its slump, with at least half coming from provincial governments that are out of his control.India will need to spend 235 trillion rupees ($3.3 trillion) on infrastructure over the coming decade to return economic growth rates to more than 7.5%, according to Crisil Infrastructure Advisor. That means Indian states will have to m