Monday, December 15, 2008

Time to revive River interlinking

The need of the time for the economy of the country is a massive fiscal impetus. Though the NREGA is a good success in states like Andhra pradesh, The economy needs a much larger fiscal boost and it is the Task of Prof Manmohan Singh to Initiate a massive fiscal boost.
The American New Deal Program was successful because of its large scale investments in developing the Infrastructure of the country particulary the development of the TVA- Tennesse valley and the Hoover dam.
The development of similar infrastructure in the country have been waiting for someone to take the task since the late Jawaharlal Nehru to initiate.
I believe that the dream of Bishop Cotton of interlinking the river is and ideal infrasructure that can pay itself in Irrigation and transport cess that can be levied on the users. Time the government thought of the larger national good. Time for this very useful investment
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