Posted inIndia

India renting state assets in risky cash cow plan

JAIPUR – An Indian government plan to raise US$80 billion by leasing state infrastructure to private companies has earned both plaudits and brickbats as dueling imperatives of the need to stimulate new growth and protect national sovereignty go head-to-head. The scheme, known as the National Monetization Pipeline (NMP), was launched last month by Finance and […]

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