Modi - Subsidizing TATA for building Nano

Modi gives away 30000 crores and hides it away from the public to bring TATA to gujarat, costing the exchequer 60000 rs for every Nano built. No wonder Ratan Tata finds him the best CM in India. Even i can run a business if the govt will subsidize that much for my production. Also, i would like to see what all the free market zealots who don't like subsidies to farmers stand on this issue.

From Hindu:

The Narendra Modi government is reported to have offered over Rs. 30,000 crore in sops to Tata Motors to bring its Nano car project to Gujarat.

The government has agreed to not only provide a soft loan of Rs. 9,570 crore at a negligible interest of 0.1 per cent for setting up the project but also defer repayment for 20 years, besides initially meeting all the cost of infrastructure development, cut in power tariff rates and an expenditure of Rs. 700 crore on shifting machinery and equipment from Singur in West Bengal to Sanand.

What does he do when the document containing the details comes out. He orders an inquiry into the leak of the document to the public, not explain why he did what he did. Maybe thats too much ask.

Its so sad that many think this communal demagouge has answers for all the problems India faces.