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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 761 |
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Though most of the projects have escalation clause to pass on majority of the cost-push, these clauses do not cover the incremental cost for industry players without long-term agreement for supply of cement and steel. Therefore the rise in prices of these materials is borne by construction companies initially, which might affect margins...
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Though most of the projects have escalation clause to pass on majority of the cost-push, these clauses do not cover the incremental cost for industry players without long-term agreement for supply of cement and steel. Therefore the rise in prices of these materials is borne by construction companies initially, which might affect margins...
Essay fragment
General points of the essay
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DEMOCRACY ENCOURAGES THE MAJORITY TO DECIDE THINGS ON WHICH THE MAJORITY IS IGNORANT
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