The reason that India hasn’t grown at the speed of South Korea, China or Vietnam is because the machinery of the government still holds on to the ‘commanding heights’.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
Profitability is a major issue in road projects. No private firm is interested in BOT any longer. Everyone wants to work as a pure contractor under the EPC model. How 7.5 lac crores will be spent building 24,000 kilometres of highways without any budgetary provision is unclear. This is presumably 7.5% of the one hundred lac crores the infrastructure sector is expected to invest in the next five years.
A bad workman querell with his tools.
Profitability is a major issue in road projects. No private firm is interested in BOT any longer. Everyone wants to work as a pure contractor under the EPC model. How 7.5 lac crores will be spent building 24,000 kilometres of highways without any budgetary provision is unclear. This is presumably 7.5% of the one hundred lac crores the infrastructure sector is expected to invest in the next five years.