For a very long time now, I've felt our administrators and policy-makers are the craziest and the most moronic people around.
In Mumbai, Britishers laid down the railway tracks which are still considered the lifeline of the city. When that is so, did it not dawn upon these guys to create more such lifelines instead of encouraging maniacal car buying, building bridges with no impact on congestion and pollution and suffocation, and then calling it growth?
This piece was somewhere in the middle pages of HT. It is more important than any other piece of information, especially in the context of economics. Oil prices rise and the world order changes. With the current policies, India might be no better. Especially when we are completely dependent on other countries for energy.