Coffeehouse for desis
Would you like to react to this message? Create an account in a few clicks or log in to continue.


One more India Story- slowing economic growth

2 posters

Coffeehouse for desis :: Coffeehouse :: Coffeehouse Main

Go down

One more India Story- slowing economic growth Empty One more India Story- slowing economic growth

Post by Kris Tue Jul 03, 2012 2:57 am

http://online.wsj.com/article/SB10001424052702304331204577352232515290226.html

Kris

Posts : 5461
Join date : 2011-04-28

Back to top Go down

One more India Story- slowing economic growth Empty Re: One more India Story- slowing economic growth

Post by Merlot Daruwala Tue Jul 03, 2012 3:09 am

Kris wrote:http://online.wsj.com/article/SB10001424052702304331204577352232515290226.html

It is precisely to address the issue of coal scarcity that the GoI alloted captive coal blocks to investors launching new large powerplants. But in the screwed up environment we have created in this country, any jobless self-appointed moralizer can question any deal, call corruption and effectively stall the project. Which is what has happened now. After seeing its cockeyed 1.76lac-crore estimate turn into prime-time stuff, the CAG has leaked yet another report screaming about all thousands of crores of national wealth going into the pockets of those crony capitalists because those coal blocks were alloted and not auctioned.
Merlot Daruwala
Merlot Daruwala

Posts : 5005
Join date : 2011-04-29

Back to top Go down

Back to top

- Similar topics

Coffeehouse for desis :: Coffeehouse :: Coffeehouse Main

 
Permissions in this forum:
You cannot reply to topics in this forum