External Commercial Borrowing/ ECB External Commercial Borrowing or ECB is an instrument used in India to help corporates access foreign money. ECBs include loans, buyer/supplier credit, special securitized instruments and many more. The department of external affairs along with the central/apex bank RBI and Ministry of Finance regulates the guidelines and policies of ECB. Recently the […]
India has a large and diverse agriculture sector and the farm output is one of the highest, making India rank second in the world. States like Punjab, Uttar Pradesh, Madhya Pradesh, Haryana, Bihar, Andhra Pradesh, Maharashtra and West Bengal have contributed significantly in agriculture. However, agriculture sector in India is facing several issues and there […]
Indian states are competing with one another in announcing massive solar subsidies through reverse auction tenders. AP had announced a huge 1 GW tender as it tried to beat the massive power crisis affecting the state. However, Indian governance remains a massive problem for Indian development and solar power is no different. We have already […]
Every single solar thermal plant awarded under India’s federal subsidy program (JNNSM Phase 1) is delayed according to MNRE. Note I have been critical about solar thermal technology for a long time now because of the manifold problems that the technology faces. The sharp erosion in solar panel prices has made solar PV technology move […]
Urea Policy 2013 The new urea policy being unleashed in 2013 was expected to help the government reduce its fertilizer subsidy. However, the expectation did not hold true. The government of India’s subsidy is unlikely to reduce, despite setting up of new urea plants as governed by the new urea investment policy of 2013. One […]
Indo-China War continues….. Recent media headlines have been all about the Indian Chinese border issue with both sides not budging from their stand. Note India and China have fought a war in 1962 over the Himalayan border region and the vast border in the northern part of India remains unresolved with repeated incursions by Chinese […]