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And we've won several large projects because of that.
The authority has had to cut its budget for new projects because of declining revenues.
Forsaking or even delaying new projects because of liquidity problems, however, was not an option.
Mr Modi wants to ditch the consent and social-impact clauses for certain projects because of the delays involved.
We will not shy away from high-risk, high-reward projects because of short-term earnings pressure".
Centrica had warned in July that it might need government support for the projects because of the market conditions.
The state recently canceled more than $100 million in Long Island road improvement projects because of the budget crisis.
"I think we would be cheating our future if we stopped projects because of tough economic times," Mr. Goodman said.
But in the case of NASA, which struggles to maintain funding for long-term projects because of short-term political juggling, it is a mixed blessing.
The international scale of the market encourages innovators to invest in costly and risky new projects because of the potential huge market for those who succeed.
Page and Brin announced, "We will not shy away from high-risk, high-reward projects because of short-term earnings pressure".
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