Indian Economics Thread II

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pbd456

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INTEL has called off Towers semiconductor purchase due to the time it takes to get approval.

It means that towers plan to build semi fab can proceed. However I don't know if towers is doing 28nm that India has now amended to require.
 

RobertC

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From the article India's food price surge forces government measures to improve supplies
"It has been two months since I bought tomatoes and we do not eat pulses regularly nowadays. A lot of times we just eat rotis and salt for dinner," said Mohammad Siraj, a farm worker in the northern state of Uttar Pradesh who earns 250 rupees ($3.03) a day to support a family of eight.
I'm thinking farmer revenues aren't the only issues.
 
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