What the most important task that the Indian Government should do for the economy now?

 What the most important task that the Indian Government should do for the economy now?

--> Borrow money to spend on repairing the existing infrastructure.

Repair the railway lines, repair the bridges, repair the warehouses, repair the ports, repair the effluent lines to rivers, repair the power lines... repair all the Government infrastructure.

Why?

1) Generates massive short-term employment opportunities for unskilled and the semi-skilled people.

2) Kickstarts the economy with the new money in the system

3) Often new infrastructure can be unnecessary. Repairing existing, crumbling infrastructure ensures that the money spent is well-spent.

4) Decades of neglect to existing infrastructure has resulted in it crumbling.

Please note that repairing existing infrastructure can be unglamorous compared to headline-grabbing new infrastructure.

Who will pay the interest for the borrowed money?

The goal is that the repaired infrastructure will improve the efficiency and the size of the economy that pays for the interest of the borrowed money. A tricky job indeed!

Note: Repairing is not adding new capacity to existing infra. Repairing is fixing the existing infra. For example, repairing is not converting a 2-lane road to a 4-lane road, but to fix potholes in the existing 2-lane road.