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Showing posts from July, 2013

Chennai - the Indian Detroit - what lessons?

சென்னை  மாநகரத்தை இந்திய   'டெட்ரோயடு' என்று   மார்தட்டி வந்தவர்கள் இப்போது என்ன சொல்வார்கள்?  Billions in Debt, Detroit Tumbles Into Insolvency source:  http://www.nytimes.com/2013/07/19/us/detroit-files-for-bankruptcy.html?pagewanted=all ...Detroit expanded at a stunning rate in the first half of the 20th century with the arrival of the automobile industry, and then shrank away in recent decades at a similarly remarkable pace. A city of 1.8 million in 1950, it is now home to 700,000 people, as well as to tens of thousands of abandoned buildings, vacant lots and unlit streets. “The worst thing we can do is ignore a problem,” said Sandy K. Baruah, president of the Detroit Regional Chamber. “We’re finally executing a fix.” ...a major concern for Detroit residents remains the possibility that services, already severely lacking, might be further diminished in bankruptcy. About 40 percent of the city’s streetlights do not work, a report from Mr. Orr’s office