On 19 September 2017 at 19:18, Eric Pinto <[email protected]> wrote:
> Based on past history, a rupee will buy what a penny buys > today. The Japs may > simply opt to frame the cheque on a wall. > They need to keep their plants running, this was not a true > commercial deal. > > RESPONSE: Aree baba, The loan was in Rupees? Do the maths: India's first bullet train isn't 'free of cost' as Modi claims Prime Minister Narendra Modi has claimed the bullet train offered to India by Japan is virtually free of cost. A 50-year yen loan amounting to Rs 88,000 crore at 0.1 % interest is being described by the prime minister as free of cost. This is patently absurd. Read at your leisure @ http://www.business-standard.com/article/economy-policy/do- the-math-india-s-first-bullet-train-isn-t-free-of-cost-as- modi-claims-117091800116_1.html -- DEV BOREM KORUM Gabe Menezes.
