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The Multilateral Investment Fund (MIF) of the Inter-American Development Bank Group (IDB), the UK Government Department for International Development (DFID), and the US Agency for International Development (USAID), under President Barack Obama’s Power Africa” initiative, commissioned Bloomberg New Energy Finance (BNEF) to analyze and rank development prospects for solar, wind, small hydro, geothermal, biomass, and other zero-carbon emitting technologies (excluding large hydro).
The opposition grilled the government over the slow pace of implementation of the Goa investment policy but chief minister Laxmikant Parsekar said that of the 46 projects cleared by the government, 33 are progressing well and that the government clearances were subject to two conditions; the industry should be environment-friendly and 80% jobs should be given to Goans.
Peter King (2010) , a public policy professor at De Montfort University, wrote, This crisis of profitability is ‘solved’ by capitalists reducing their investment levels, with the result that growth falls and unemployment increases until workers are disciplined to accept lower wages; at this point profit expectations pick up and the whole cycle is repeated” (p. 70).