The Most Important ‘Unknown’ Story in the World: India’s Economic Slowdown

Oil Price Daily News Update


The Most Important ‘Unknown’ Story in the World: India’s Economic Slowdown

Posted: 20 Apr 2012 03:26 PM PDT

Could the Indian slowdown be the most important (but still somewhat neglected) story in the world right now?  Vikas Bajaj reports: …the country cannot get enough fuel — principally coal — to run the plants. Clumsy policies, poor management and environmental concerns have hampered the country’s efforts to dig up fuel fast enough to keep up with its growing need for power. A complex system of subsidies and price controls has limited investment, particularly in resources like coal and natural gas. It has also…

Read more…

You are subscribed to email updates from OilPrice.com Daily News Update
To stop receiving these emails, you may unsubscribe now.
Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610

Leave a Reply