An interesting article from the lastest issue of Time…. especially in the context of Obama saying that India is "not just rising, but it has risen".
"It’s a source of constant conflict and great contradictions, explaining why gleaming highways rise up effortlessly while decent sewer lines do not. There’s a risk that infrastructure asset bubbles will form — overfunded, underused toll roads, for instance — while basic services languish. How this tension is resolved will determine what kind of economic superpower India will become."
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