When even a rich city like Mumbai is starved of funds

Every year, Mumbai’s creaking infrastructure faces a huge risk from flash floods. Yet such are the funding constraints that a city of tycoons, bankers and movie stars — who live alongside masses huddled in shantytowns — can allocate only Rs 900 crore of capital expenditure on storm drains.

from Economy-News-Economic Times https://ift.tt/39lHytY
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