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Incomplete infrastructure chokes India's growth

Monday, June 25, 2012 - 01:24

June 25 - Delayed infrastructure projects stymie India's economic growth. Julie Noce reports.

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It's a common scene along India's highways. Commercial vehicles waiting for the allotted times they can drive through already congested cities like Delhi. Their drivers bored, their cargo delayed, their customers less than pleased. (SOUNDBITE) (Hindi) GOODS TRUCK DRIVER, KARNAIL, SAYING: "We face a lot of problems due to traffic snarls. We have to deliver the goods on time; our clients and bosses keep calling us when get stuck in traffic jams." Alternative routes are all but non existent. Highway after highway throughout the country look like this... unfinished skeletons waiting to get green lit for completion. The hold up is inevitably the same-- Chairman of the task force on infrastructure Vinayak Chatterjee explains. (SOUNDBITE) (English) CHAIRMAN, CII NATIONAL TASK FORCE ON INFRASTRUCTURE AND CHIEF OF FEEDBACK INFRASTRUCTURE SERVICES, VINAYAK CHATTERJEE, SAYING: "I think the real issue in the infrastructure sector right now is the fact that many projects are stuck, and they are stuck because there is a problem in decision making at the top levels of politicians and bureaucracy. That is the fundamental issue of it." In a bid to put India's economic development on the fast track , Prime Minister Singh has announced plans for still more infrastructure initiatives. But without completion of existing projects, some are wondering when the government will stop putting the horse in front of the cart. Julie Noce, Reuters

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Incomplete infrastructure chokes India's growth

Monday, June 25, 2012 - 01:24