The great highway robbery

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Over the past several years, each time anyone has questioned any infrastructure project being built (the post-Nehru temples of India!), the dominant reaction in certain circles has uniformly been the same: Is it more important to save some money or is it more important to get projects on the ground?

Sure, there was a lot less scandal in the days the Airports Authority of India was in charge, the argument goes, but look at how poor the quality of airports was and how small their capacity; ditto in the case of roads in the old days since the progress of new highways was near zero; the list can be multiplied manifold to areas like ports, power, telecom, oil and gas and so on – to recall the slogan of the Enron days in the early 1990s, the most expensive power is no power!

In any case, another strand of this argument is: It hardly matters if the government is getting diddled in the bargain since the money would have been wasted in its hands anyway.
[Story Source]

This post was submitted by superblogger.

Thanks to business.rediff.com
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