Let us consider the reasonable risk free return on infrastructure investment to be 6%, insulated from foreign exchange risk. It is a long gestation commitment, not at all liquid like US Treasuries. Does India have an inventory of economically viable projects of this nature, which can generate a stream of $ 90 billion a year, to be paid to Norwegian, Middle Eastern, even Chinese sovereign wealth funds, or other pools of capital like Canadian pension funds. 2. Before getting into the deep financial end of things, it may be more productive to integrate with global manufacturing supply chains. There is some encouraging buzz about India getting a little more serious about RCEP, the FTA with the EU, even a trade agreement with the US. Recent protectionist moves are distancing us from the global economy. The last few years have not raised our global profile. Let some appetising flavours waft from our kitchen, for the diners to gather.
Let us consider the reasonable risk free return on infrastructure investment to be 6%, insulated from foreign exchange risk. It is a long gestation commitment, not at all liquid like US Treasuries. Does India have an inventory of economically viable projects of this nature, which can generate a stream of $ 90 billion a year, to be paid to Norwegian, Middle Eastern, even Chinese sovereign wealth funds, or other pools of capital like Canadian pension funds. 2. Before getting into the deep financial end of things, it may be more productive to integrate with global manufacturing supply chains. There is some encouraging buzz about India getting a little more serious about RCEP, the FTA with the EU, even a trade agreement with the US. Recent protectionist moves are distancing us from the global economy. The last few years have not raised our global profile. Let some appetising flavours waft from our kitchen, for the diners to gather.