Now reading. Just in time as India recovers from a electricity blackout that left 670 million people with out power. The cause was first blamed on a shortage of coal, but now it is clear that incompetence, and perhaps corruption, caused the blackout. foreignaffairsmagazine: Power is restored in India after a massive blackout left 670 million people in the dark. Want to know how something like that could have happened? Our current issue features this essay on India and its “centralized, secretive, and arbitrary political culture” that is holding the country back. New Delhi has gone out of its way to make life better for big businesses, granting them access to easy credit, dedicated power plants, and protection against currency fluctuations. That is a problem because India’s big-business sectors, such as mining, land development, and infrastructure, are its most corrupt. The full article is available free to non-subscribers for a limited time only. HIGH RES

Now reading. Just in time as India recovers from a electricity blackout that left 670 million people with out power. The cause was first blamed on a shortage of coal, but now it is clear that incompetence, and perhaps corruption, caused the blackout.

foreignaffairsmagazine:

Power is restored in India after a massive blackout left 670 million people in the dark.

Want to know how something like that could have happened? Our current issue features this essay on India and its “centralized, secretive, and arbitrary political culture” that is holding the country back.

New Delhi has gone out of its way to make life better for big businesses, granting them access to easy credit, dedicated power plants, and protection against currency fluctuations. That is a problem because India’s big-business sectors, such as mining, land development, and infrastructure, are its most corrupt.

The full article is available free to non-subscribers for a limited time only.

#india  #blackout  #power  #electricity  #fail  #energy  #corruption  #incompetence  #coal  #foreign affairs  
∞  08/01/12 at 04:29pm via foreignaffairs.com
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    Now reading. Just...with out power. The cause was first blamed
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