This picture confirms my agnosticism about India’s economic future
This picture of chaotic traffic in an Indian city says much of it for me.
The picture says it all. Not one city bus in sight! And the road looks hopelessly blocked. Indian cities = urban chaos!
Everyday I travel several kilometres thru streets in Dalian that seem busy but on the whole not chaotic. Bus fare is cheap and buses are very available offering a dependable service. They are not the most comfortable conveyance but 10 km trips are completed in less than 15 minutes. Cross city taxi rides don’t cost much (about $3CDN) and travel times are manageable. Dalian is a second tier city in China and has a viable infrastructure with good in-city transportation, plentiful drinking water, reliable and affordable electricity and rental housing.
From what I read not even the best organized city in India can offer a viable city infrastructure and the country doesn’t seem to have the kind of government that can deliver it in any foreseeable future. This is not the picture of an emerging world class economy!