Wednesday, June 23, 2010
India’s Clogged Rail Lines Stall Economic Progress
India faces a severe infrastructure problem. For example, a standard container can sail from Singapore to Mumbai in 4-5 days, but that same container will take 2 weeks to travel to New Delhi at a cost three times of its sea voyage from Singapore. The main problem is railways, the backbone of India's transportation infrastructure. The system moved 7 billion passengers and 830 million tons of cargo last year, but slow expansion and modernization are severely crimping India's economy, as
this online video demonstrates.
India’s Clogged Rail Lines Stall Economic Progress - NYTimes.com
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