Monday, November 17, 2008

A case of negatively reinforcing loop for the weaker cities

Interesting article on municipal financing in the JNNURM project.
It makes a strong case on why the government approach is flawed in favouring the cities which already have the capacity to pull investment from the market. The government needs to play a role of putting more weight behind cities which need its support and which are considered to be unattractive by the market due to various reasons.

No comments: