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…
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