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"A capital-intensive infrastructure project aimed at cars when the focus should be on more sustainable modes of transportation, is not doing a favor to Mumbai, " said Bina Balakrishnan, a transportation and engineering consultant.
FORBES: Bombay's Bridge Over Troubled Traffic
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In both scenarios, the amount of electricity supplied through the power grid is lower during peak periods, which improves reliability, reduces rates by avoiding the use of high-priced power plants during peak hours and delays capital intensive infrastructure investments needed to maintain the grid.
FORBES: McKinsey Considers Next-Gen Smart Grid, Gets It Mostly Wrong
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Since most emerging economies lack broad unemployment insurance, the main way they help the jobless is through labour-intensive government infrastructure projects as well as conditional cash transfers for the poorest.
ECONOMIST: Unemployment