The underlying assumption in the Budget’s economic strategy is that the Indian economy appears to have bottomed out and is expected to pick up in 2020-21.
The stock rally is being led by belief that Finance Minister Nirmala Sitharaman will need to do more to revive economic growth from the lowest since 2008.
Officials say L-G Murmu’s order will ensure faster, cheaper development, and reassure people of J&K that their land won't be acquired by govt unless they wish to sell it.
New Delhi: During Operation Sindoor, the United States which had received intelligence suggesting that India had launched BrahMos cruise missiles to strike targets inside...
The analysis is half truth. Firstly, analyse how this products or services has become costly because of government policy of extracting the maximum as duties or spectrum charges etc. Secondly, affordability of these services or products by vast sections of our society where just 4 or 5 percentage of population are income tax payers.
Rightly said. The consequences don’t end with bidders not being able to sustain. Collateral damage of cost escalation of incomplete or abandoned projects upward revising multi fold or cost of credit going up or lending becoming more stringent , intended results getting inordinately delayed etc. Consequential damage is far higher than the gap between L1 and L2 ! Quality based approach and judicious evaluation is must. Further, there must be a cost bench marking from reputed 3rd party. Bids significantly lower must be rejected as unsustainable. Niti Aayog is right in its recommendation.
The analysis is half truth. Firstly, analyse how this products or services has become costly because of government policy of extracting the maximum as duties or spectrum charges etc. Secondly, affordability of these services or products by vast sections of our society where just 4 or 5 percentage of population are income tax payers.
Rightly said. The consequences don’t end with bidders not being able to sustain. Collateral damage of cost escalation of incomplete or abandoned projects upward revising multi fold or cost of credit going up or lending becoming more stringent , intended results getting inordinately delayed etc. Consequential damage is far higher than the gap between L1 and L2 ! Quality based approach and judicious evaluation is must. Further, there must be a cost bench marking from reputed 3rd party. Bids significantly lower must be rejected as unsustainable. Niti Aayog is right in its recommendation.
When it’s costly then problem, when it’s cheaper then also problem. It’s so hard to satisfy people these days.