^^
Ok to disagree?
Japan is funding over-the-top Delhi Metro and Delhi Mumbai Corridor. That sets a precedent.
Malaysia, Singapore have a history of funding road and IT Park projects. Gulf Co.'s eg. real-estate like Emaar projects.
China just put $ 300 Billion on the table! EU, US, Canada, Oz, Gulf, S. Africa & Russia will not shy from investing in India's mega-projects. Notice the Noble to University of Chicago's (Rockefeller's Uni.) for economics, Chicago U is famous for being a liberal, business oriented school and the Noble's are for long term infra. funding risk mitigation. New Indian RBI chief R. Rajan is from said school. Note also, $ Trillion Tata group's (in Indian infra. PPP terms) boss is an infra. player. Tata Steel. Birla cement. Connect the dots.
Check the Noble group, Rockefeller folks, Chicago U., RBI India etc.
If I get deeper into this I will be jumped on for being parochial. Get my drift.
Lanco Hills, Hyderabad
Politics is everything in India, so how does a big project like this come up never mind politics.
Answer: Business drives politics. And it works the other way around too. Quid Pro Quo. Mega projects are every politician's dream, and with mega Modi's forecast sweep, this will be the norm. India is today hardly cash strapped, never mind Global financial dynamics Vs. the India opportunity.
- The word on Wall St. is that India is the last and largest financial bull market.
Therefore, I refute your said claims Nova2.