Piyush Goyal $250b Energy 5Yr Plan Resource $400b

June02, 2015 (C) Ravinder Singh progressindia008@yahoo.com

Tarzans of Narendra Modi Government Piyush Goyal and Nitin Gadkari are busy issuing Tenders to spend $250b and $150b in five years term leaving nothing for Farmers Food Storage & Processing, MSMEs, All Services by Bank Credit.

Credit growth in 2014-15 was just $80b for an economy of $2000b [?] inflation was 6% and when  Corporate don’t secure capita through IPOs or Fixed Deposits and Foreign Investors are not investing in Power & Roads all the Capital Is Secured Through Bank Loans.

Even though Coal & Power growth was 7.6% and 11.9% yet core sector Growth was NEGATIVE (-) 0.4%.