links for 2009-05-13

by Dina on May 13, 2009 · 0 comments

in My delicious

  • "What's happening in India is part of a world-wide challenge. Megacities are sprouting around the globe. But in billion-person India, the trend is on steroids. The country already has 25 of the world's 100-fastest growing urban areas, according to City Mayors, an international urban-affairs think tank. That compares with eight in China. Pune, near Mumbai, has more than four million people, about the same as the Houston area. Kanpur, in north central India, has more than three million, as does Surat, in western India. India is expected to add 10 million people a year between 2000 and 2030 to its 5,161 cities, according to the United Nations.

    If India fails to get a handle on its new urban areas, it could be saddled with more bottlenecks and inefficiencies that could doom the country to years of subpar growth, says Dharmakirti Joshi, an economist at Mumbai ratings agency Crisil. ……"

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