The Spending Challenge of Achieving the SDGs in South Asia: Lessons from India
IMF Working Papers, December 17, 2021
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Bibliographic details
- Authors: Mercedes Garcia-Escribano, Tewodaj Mogues, Marian Moszoro, Mauricio Soto
- Published: December 17, 2021
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781616355654.001
Overview and scope
- Authors: Mercedes Garcia-Escribano, Tewodaj Mogues, Marian Moszoro, Mauricio Soto
- Publication date: December 17, 2021
- Series: IMF Working Papers, Working Paper No. 2021/294
- Purpose: Assess medium-term development challenges for South Asia, with a focus on India, to make substantial progress on the Sustainable Development Goals (SDGs) by 2030.
- Core focus areas (SDG sectors): Human capital — health and education; Physical capital — water and sanitation, electricity, and roads.
- Main approach: Estimate additional spending needs in the five critical sectors and document India’s progress relative to other South Asian countries; discuss implications for policy and reform.
Key findings and estimates
- Time horizon: medium-term effort to ensure substantial progress by 2030.
- Sectors analyzed for additional spending needs:
- Health
- Education
- Water and sanitation
- Electricity
- Roads
- Comparative emphasis: India’s recent progress in human and physical capital is documented and compared to other South Asian countries to derive lessons and implications.
- Principal analytic outcome: Quantified estimates of additional spending needed in the five sectors to achieve SDG-related targets (note: detailed numeric estimates are contained in the full paper).
Policy implications and reform directions
- Strengthen spending in prioritized SDG sectors (health, education, water and sanitation, electricity, roads) to close gaps by 2030.
- Use India’s sectoral progress and policy experience as lessons for the broader South Asia region.
- Align fiscal planning and public investment with SDG sector priorities over the medium term.
- Address both human capital and physical capital needs as complementary elements of development strategy.
Metadata and classification
- Subjects: Commodities, Development, Electricity, Health, Population and demographics, Sustainable Development Goals (SDG)
- Keywords: Electricity; health outcome; Human Capital; India; Infrastructure; physical capital; SDG sector; South Asia; spending challenge; spending estimation; Sustainable Development Goals (SDG); Sustainable Development Goals (SDGs)
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- Working Paper