Squeezing India's airports

Talk to any industrialist and he will tell you that the investment climate in the country hasn't been worse in recent years. As a result, the pipeline of new projects is almost empty. But the Manmohan Singh government looks too inundated with controversies to take notice. The political challenges seem to be taking up all its time. Economic concerns have taken a back seat. If the government can't improve the investment climate, it shouldn't make it worse.

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