I have one issue to discuss...I know all the classes are over now! And even Exam too...!
But had one issue for discussion so posting my thoughts on the blog...
Well, As we all know about the financial meltdown across the Globe leaving the finance giants and banking sectors in a HUGE HUGE trouble.
Most of the construction companies and infrastructure developers are indirectly affected from this Financial Meltdown, since they get their finances for the project from these finance and bank sectors....
So now the issue is:
“What can we (Infrastructure Developer/Government) do to come out of this FINANCIAL DEPRESSION?”
Putting in simpler terms what strategies can be thought of, so as to ease the fund flow?
To minimize the effect our Finance Minister has come up with a strategy to lower the Interest Rate and try to boost the present financial condition...[Source: Business Line]
What can be the other mechanisms to avoid/minimize the effect of Financial Crisis?
I know that this problem is not so easy to solve...
One option would be to give a pause to the development/improvement programs for the time being!
Another option would be to take small projects, which involves lesser capital and can be borne by the developer himself.
Another (Strange & Out of Hat) option would be to do every development/improvement project on CREDIT!!!
Can you suggest some of the strategies??? Since the thoughts what I mentioned above are not the right solutions!!!
- Jeetu
2 comments:
grading is not yet complete, so you still get points for this:-)
In many ways, investment in infrastructure at this juncture would create jobs that might help economies come out of a recession - several congressmen in the US are now endorsing this view
I have found a recent article in The Hindu, which talks on the same issue...
I think its worth reading...
Link:
http://www.hinduonnet.com/thehindu/thscrip/print.pl?file=2008112854781000.htm&date=2008/11/28/&prd=th&
Post a Comment