Thursday, August 23, 2012

Indian development kept in the dark



Published on Aug 22, 2012 by
India has long been touted as Asia's next economic superpower, but its development is being held back by a huge shortage of basic infrastructure.

That fact was laid bare by last month's massive power blackout.

Investment of $1.2 trillion is needed over the next two decades - six times current and planned spending levels.

And India's biggest cities are feeling the problem the most.

India correspondent Richard Lindell reports from Mumbai.

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