Infrastructure the key to economic growth


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V-Guard became the synonym for voltage stabilizers across South India. The company soon extended their range of products to include Voltage Stabilizers, Water Heaters, Solar Water Heaters, Electrical Wires, Cables, UPS’s, and Ceiling Fans.

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Infrastructure the key to economic growth

  2. 2. <ul><li>Someone asked, &quot;Which is the longest toilet in the World?&quot; Pat came the reply, &quot;The Indian Railways&quot;. </li></ul>
  3. 3. <ul><li>  Come to think of it, isn't it true? Our Railways crisscross the country, from Kashmir to Kanyakumari. But, our experiences with the railways have always been harrowing. </li></ul>
  4. 4. <ul><li>The few, cramped, trains that we have, chug along, running late and polluting the environment. </li></ul>
  5. 5. <ul><li>It looks like our Indian Railways is yet to hear of modern means of waste disposal.  </li></ul>
  6. 6. <ul><li>On my recent trip to China, I had to connect between a few cities by train. I was quite apprehensive, perhaps, stemming from my experiences with Indian Railways </li></ul>
  7. 7. <ul><li>One of the journeys was from Canton to Hengyang on a high speed bullet train. Canton South Railway Station looked more like an airport. All baggage was screened at the entrance. </li></ul>
  8. 8. <ul><li>From an elevated entrance, the passengers reached the platforms through their respective gates. </li></ul>
  9. 9. <ul><li>The tickets were checked electronically. The gates opened only 15 minutes before the departure time. </li></ul>
  10. 10. <ul><li>The interiors of the bullet train resemble an aircraft, almost and the crew was smartly dressed, alert and quick to respond to the needs of the passengers. </li></ul>
  11. 11. <ul><li>The Train quickly reached its cruising speed at 300 Km/hr. I realized that the train was moving, only when I looked out. </li></ul>
  12. 12. <ul><li> On one occasion, we could even pre-pone our tickets, at no extra cost, though we had to stand all the way.  </li></ul>
  13. 13. <ul><li>The Chinese have already built about 5000 kms of high speed rail. I travelled on the bullet trains several times during my trip. It was a different experience, altogether. </li></ul>
  14. 14. <ul><li>I couldn't but help compare the infrastructure in China to ours. Recently, I happened to listen to Dr. C. Rangarajan, Chairman of the Prime Minister's Economic Advisory Council. </li></ul>
  15. 15. <ul><li>He was candid enough to admit that India was undertaking only about 1/5th of its infrastructure projects, when compared to China. </li></ul>
  16. 16. <ul><li> My experience has left me wondering, 'How long will it take to replicate this in India?' There is no adequate land to meet industrial needs. </li></ul>
  17. 17. <ul><li> Our roads continue to be narrow and filled with pot holes. Our weak infrastructure is creaking under tremendous pressure. </li></ul>
  18. 18. <ul><li>Yet, our politicians boast about investor meets and preach of the need to attracting investment. Do you honestly think that there will be development without improving our infrastructure? </li></ul>
  19. 19. <ul><li>Strong, adequate infrastructure is an essential concomitant of vibrant industrial growth. </li></ul>
  20. 20. <ul><li>Our politicians and administrators would do well to take a cue from China. They should rather visit the country. Certainly, there are lessons to be learned. </li></ul>
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