The movie of course was good Irfaantainment, and a Info-commentary and well, made me wish I was from that belt, but with India's irrigation systems still left to god's will and the central states still fodder for suicides and deficits in the Welfare subsidies, the 3.5% deficit for Subsidies itself is not going to be near enough to sustain India on its mature path to increasing domestic product and necessarily capacity ahead of the so called developed world.

The new Power regime apart, which now seemingly involves two new Foreign partners like GDF and E.ON and definitely not EDF and EDP ( from the last letters that denote their Western European domicile) we cnanot Repower India's future, without catering to the half dozen UMPPs where costs have gone up to $2 bln per GW from all accounts and chinese equipment, land and more remain issues to be sorted out ( more= fuel, coal and gas, location and industry migration like the NMZs ) 

Then comes the question of did we really come to the custp of another great start which we can blame Mamata for spoiling with a few chosen spanners in Multi Brand retail, ( and thus UP by a circuitous extension, I can explain but not to Joe Leahy) the Railway expenditure vs modernization line and the rest of the fracked indian Superpower story. Though it could not stop the MCX from coming up, HDFC Bank and ICICI Bank from getting international interest ( even the 74% limit) and the $1 bln worth of FDI that still came thru in December. On the flip side, where we were in this rant'o'rama, we still have 122 cancelled 2G licences to wish for a well priced 4G iPad3 to come to India and the Airtel brand is also falling even after having conquered the Dark Continent, Maharashtra does not want its Auto belt to grow and Na Modi or others do not want ewither the DTC or GST or the other regime which makes it more unlikely for UPA itself to come back in two years, all from leaving the reforms to the dogs literally somewhere after the first budgetr from this government.. Reforms, anyone? 

Posted via email from The India Investment Post