Developers face difficulty finding affordable land and getting financing after accepting some of the world’s lowest green energy tariffs over the past two and a half years.
The switch from an electricity system supplied by large fossil fuel plants that run virtually uninterrupted to a more haphazard mix of smaller, intermittent renewable sources will need batteries to store energy.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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.