Having lost the multi-crore Vedanta-Foxconn deal to Gujarat, Maharashtra govt says Nanar project was a bigger loss, shifts heat to Thackeray-led Sena that had opposed the refinery.
Amid opposition by local residents, Ratnagiri Refinery and Petrochemical Limited project has been a bone of contention between Sena & BJP since 2015, when they were allies.
Maharashtra Chief Minister Devendra Fadnvais is planning a multi-crore refinery and petrochemicals project in the Nanar area of Konkan’s Ratnagiri district that has become a political hot potato. Experts weigh in.
The factories of the future will not operate on slogans or tariffs; they will rely on copper, nickel, lithium, rare earths and reliable energy. Securing these inputs is not optional.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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