By SUDIP BANDYOPADHYAY
The single largest problem facing India on its path towards economic glory is the lack of adequate infrastructure. Every aspect of infrastructure in our country is decades behind the developed world and even our Southeast Asian neighbors. The pace of infrastructure development in the Gulf region and in some African countries is probably better than that in India. Every area of our economic endeavors – be it agriculture, industry or services -- is suffering seriously due to the absence of adequate infrastructure support. There is a crying need for the government to take vital steps in this direction. Massive infrastructure spending at this stage will set in motion a huge virtuous economic chain reaction which would definitely benefit the overall economy significantly. Read full article...
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