An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, April 30, 2018
Reuters — India says electrified all villages ahead of prime minister's deadline
This is a big deal. Rural electrification made huge difference in the US less than a hundred years ago. We now take for granted.
This is a sine qua non for becoming a developed country.
India rising.
While the West has a class system, India has a caste system. The class system is insidious since it is invisible, but the caste system is highly visible and structured in long standing tradition with scriptural roots. This obstacle cannot be address by throwing money at it.
Reuters
India says electrified all villages ahead of prime minister's deadline
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