rkpanda’s blog

Today morning when I went through the news of yesterday, there were two special news which attracted me. let be the good one. The Ruias are biding the Hutch components of their joint venture for some thing like 14 million dollars. Great news.The editorial of a premire daily gave this news much emphasis as it shows the financial institutions have given Indian industry a very optimistic look,Other wise how can Ruias who have delulted for making instalment payment for their other mega projects could mope up such a huge amount of finance with their dubicious back record. The financials institutions are ready to lend them money with bad records is shows the instutions faith in Indian economy not Ruias, thats what the daily told.

Now the bad one Mamata Didi has reached 24days of hunger strike and her health is detorating very fast. Even she was administrated oxygen. I don’t visualise what the three parties i.e. Mamta along with BJP and Left trade Unions, Ruling Left pary along with Congress and thirdly Tatas are been looking for. Should any one from the three parties withdraw form the fight the decision be made in a way. Every one is losing some thing with the fight. For Tata’s the delay will enhance the project cost and ultimately the same will affect its bottom line, even if the project goes through the same will be very trubled one in long run as there will ever be suspision between the tatas and local people. For other two parties it is a presige issue and hence it will never have an end. Even if they were in the opposite positions Mamata ruling and Left in opposition the fight ought to be there. In fact I agree with Prime ministor that if we fought for such a small project how can we attain the growth.

These fights will go on until we get matured.