Puzzling

The government re-opens the tender for coal mines after it receives bids at prices that are now considered too low, despite the bids being higher than the reserve price. Sounds a bit confusing. Of course, it might be too early to criticise the government for its embarrassing turnaround. It is hard to know what is going on in India since what you see is not often what you get there.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s