Sunday, July 15, 2007

sacred cash cow

A story I missed back on July 4: the Economic Times reported that without a single drop of concrete hitting the ground, the government of Maharastra state in India has already earned more than 10 million rupees (appxoximately $250,000) simply by selling the forms that developers must use to express interest in getting one of the bids to redevelop Dharavi, Mumbai's largest squatter community.

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