Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

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Recent India research

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Ironing out an ore policy

Overview

Almost 15 years after the Indian government took its first steps to allow private investment in iron ore mining, the sector remains one that resembles the licensing regime of the pre-liberalization era. Bureaucratic red tape is pervasive, resulting in procedural delays in processing applications. Investment is low in both mines as well as in the surrounding infrastructure, and demands for price controls resound amid strong vested interests against further opening of the...

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