Word: maharashtra
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...exception should be the Indian state of Maharashtra, which has electricity galore, thanks to a major power complex set up by Dabhol Power Co., a consortium of foreign companies led by Enron Corp. of Houston, Texas. But before Maharashtrans fire up their irrigation pumps or coiled-wire tea kettles, there's one small snag: the electricity is so expensive no one can afford it. "More than 600 small manufacturers have already closed down because of high electricity bills," says Ashwin Treasurer, owner of an electronic component factory. "What sort of development is this...
...satellite TV came to the Warana sugarcane-growing region of Maharashtra state, some 250 miles southeast of Bombay, and the ground started moving under the farming village of Pokhale. "Even one-year-olds started shaking their hips like those MTV girls," says farmer Shantappa Ghewari. More than a year later, another magical box was installed in the village, and Pokhale became one of 70 villages in the region to take part in the "Wired Village Warana," a $600,000 information-technology project initiated by the federal government. All the villages in the area have computer kiosks that are linked...
...satellite TV came to the Warana sugarcane-growing region of Maharashtra state, some 250 miles southeast of Bombay, and the ground started moving under the farming village of Pokhale. "Even one-year-olds started shaking their hips like those MTV girls," says farmer Shantappa Ghewari. More than a year later, another magical box was installed in the village, and Pokhale became one of 70 villages in the region to take part in the "Wired Village Warana," a $600,000 information-technology project initiated by the federal government. All the villages in the area have computer kiosks that are linked...
...sharpest blow to multinationals came in the state of Maharashtra, where right-wing politicians on Aug. 3 canceled the largest overseas investment ever made in India-a $2.8 billion electric-power plant that Enron Corp. of Houston was building near Bombay. Enron, which broke ground in March and stands to lose $300 million if it abandons the venture, is seeking talks aimed at permitting work to resume. "This is typically Indian," says Barton Biggs, chairman of Morgan Stanley Asset Management, which runs an Indian mutual fund. "For every three steps forward, they take two steps back...
LATUR: What the locals call "horror tourists" are pouring in to see the destruction caused by the recent earthquake in India's Maharashtra state that killed an estimated 28,000 people. Officials estimate that 1 million sightseers have invaded the devastated areas, disrupting relief work and creating horrific traffic snarls. Chief Minister Sharad Pawar said an injured woman bled to death because it took an ambulance three hours to cover 3 km, on roads clogged with people and vehicles, to the nearest mobile hospital. "We are sick of the tourists," said Vidyagar Karandikar, a senior government administrator...