US Senator Lindsey Graham says on X that while he remains “hopeful for a diplomatic solution that will rein in Iran — not only in pursuit for a nuclear weapon, but their ability to continue to be the largest state sponsor of terrorism in the world — the details of a deal matter”.
The government no longer has the budgetary space to continue carrying hundreds of billions of rupees in untargeted subsidies while the power sector itself remains trapped in circular debt, inefficiencies, theft and under-recovery.
Our financial system is geared towards short-term, risk-averse lending, while climate adaptation and green infrastructure require patient, long-term capital.