Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/auctions-options-13016/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/auctions-options-13016/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/auctions-options-13016/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/auctions-options-13016/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68000d1cf01e0-trace').style.display = (document.getElementById('cakeErr68000d1cf01e0-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68000d1cf01e0-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68000d1cf01e0-code').style.display = (document.getElementById('cakeErr68000d1cf01e0-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68000d1cf01e0-context').style.display = (document.getElementById('cakeErr68000d1cf01e0-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68000d1cf01e0-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr68000d1cf01e0-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 12896, 'title' => 'Auctions, options', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Indian Express </div> <div style="text-align: justify"> &nbsp; </div> <div style="text-align: justify"> <em>SC is right that natural resources are held in public trust, but its comments on allocation are simplistic</em> </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. &ldquo;While transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible persons can participate in the process,&rdquo; it said. The court&rsquo;s order makes sense in the specific context of the case it was dealing with &mdash; the award of telecom licences in 2008. What happened then was preposterous &mdash; rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. Alienation of natural resources by the state depends on, among other factors, the nature of the resource &mdash; whether it is limited or regenerative; on the priority of the policy &mdash; allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. So the apex court&rsquo;s sweeping statement that first come first served or any other method for allocation of scarce natural resources is likely to be misused misses the point. Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based. </div> <div style="text-align: justify"> <br /> </div>', 'credit_writer' => 'The Indian Express, 6 February, 2012, http://www.indianexpress.com/news/auctions-options/908247/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'auctions-options-13016', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13016, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 12896, 'metaTitle' => 'LATEST NEWS UPDATES | Auctions, options', 'metaKeywords' => '2G,Corruption,Law and Justice', 'metaDesc' => ' -The Indian Express &nbsp; SC is right that natural resources are held in public trust, but its comments on allocation are simplistic In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation...', 'disp' => '<div style="text-align: justify">-The Indian Express</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>SC is right that natural resources are held in public trust, but its comments on allocation are simplistic</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. &ldquo;While transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible persons can participate in the process,&rdquo; it said. The court&rsquo;s order makes sense in the specific context of the case it was dealing with &mdash; the award of telecom licences in 2008. What happened then was preposterous &mdash; rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. Alienation of natural resources by the state depends on, among other factors, the nature of the resource &mdash; whether it is limited or regenerative; on the priority of the policy &mdash; allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. So the apex court&rsquo;s sweeping statement that first come first served or any other method for allocation of scarce natural resources is likely to be misused misses the point. Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based.</div><div style="text-align: justify"><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 12896, 'title' => 'Auctions, options', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Indian Express </div> <div style="text-align: justify"> &nbsp; </div> <div style="text-align: justify"> <em>SC is right that natural resources are held in public trust, but its comments on allocation are simplistic</em> </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. &ldquo;While transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible persons can participate in the process,&rdquo; it said. The court&rsquo;s order makes sense in the specific context of the case it was dealing with &mdash; the award of telecom licences in 2008. What happened then was preposterous &mdash; rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. 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So the apex court&rsquo;s sweeping statement that first come first served or any other method for allocation of scarce natural resources is likely to be misused misses the point. Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based. </div> <div style="text-align: justify"> <br /> </div>', 'credit_writer' => 'The Indian Express, 6 February, 2012, http://www.indianexpress.com/news/auctions-options/908247/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'auctions-options-13016', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13016, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 12896 $metaTitle = 'LATEST NEWS UPDATES | Auctions, options' $metaKeywords = '2G,Corruption,Law and Justice' $metaDesc = ' -The Indian Express &nbsp; SC is right that natural resources are held in public trust, but its comments on allocation are simplistic In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation...' $disp = '<div style="text-align: justify">-The Indian Express</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>SC is right that natural resources are held in public trust, but its comments on allocation are simplistic</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. &ldquo;While transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible persons can participate in the process,&rdquo; it said. The court&rsquo;s order makes sense in the specific context of the case it was dealing with &mdash; the award of telecom licences in 2008. What happened then was preposterous &mdash; rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. Alienation of natural resources by the state depends on, among other factors, the nature of the resource &mdash; whether it is limited or regenerative; on the priority of the policy &mdash; allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. So the apex court&rsquo;s sweeping statement that first come first served or any other method for allocation of scarce natural resources is likely to be misused misses the point. Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based.</div><div style="text-align: justify"><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/auctions-options-13016.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Auctions, options | Im4change.org</title> <meta name="description" content=" -The Indian Express SC is right that natural resources are held in public trust, but its comments on allocation are simplistic In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Auctions, options</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Indian Express</div><div style="text-align: justify"> </div><div style="text-align: justify"><em>SC is right that natural resources are held in public trust, but its comments on allocation are simplistic</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. “While transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible persons can participate in the process,” it said. The court’s order makes sense in the specific context of the case it was dealing with — the award of telecom licences in 2008. What happened then was preposterous — rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. Alienation of natural resources by the state depends on, among other factors, the nature of the resource — whether it is limited or regenerative; on the priority of the policy — allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. So the apex court’s sweeping statement that first come first served or any other method for allocation of scarce natural resources is likely to be misused misses the point. Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based.</div><div style="text-align: justify"><br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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The court&rsquo;s order makes sense in the specific context of the case it was dealing with &mdash; the award of telecom licences in 2008. What happened then was preposterous &mdash; rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. 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The court&rsquo;s order makes sense in the specific context of the case it was dealing with &mdash; the award of telecom licences in 2008. What happened then was preposterous &mdash; rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. 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The court&rsquo;s order makes sense in the specific context of the case it was dealing with &mdash; the award of telecom licences in 2008. What happened then was preposterous &mdash; rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. Alienation of natural resources by the state depends on, among other factors, the nature of the resource &mdash; whether it is limited or regenerative; on the priority of the policy &mdash; allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. So the apex court&rsquo;s sweeping statement that first come first served or any other method for allocation of scarce natural resources is likely to be misused misses the point. Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based.</div><div style="text-align: justify"><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/auctions-options-13016.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Auctions, options | Im4change.org</title> <meta name="description" content=" -The Indian Express SC is right that natural resources are held in public trust, but its comments on allocation are simplistic In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Auctions, options</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Indian Express</div><div style="text-align: justify"> </div><div style="text-align: justify"><em>SC is right that natural resources are held in public trust, but its comments on allocation are simplistic</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. “While transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible persons can participate in the process,” it said. The court’s order makes sense in the specific context of the case it was dealing with — the award of telecom licences in 2008. What happened then was preposterous — rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. Alienation of natural resources by the state depends on, among other factors, the nature of the resource — whether it is limited or regenerative; on the priority of the policy — allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. So the apex court’s sweeping statement that first come first served or any other method for allocation of scarce natural resources is likely to be misused misses the point. Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based.</div><div style="text-align: justify"><br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68000d1cf01e0-trace').style.display = (document.getElementById('cakeErr68000d1cf01e0-trace').style.display == 'none' ? 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'' : 'none')">Context</a><pre id="cakeErr68000d1cf01e0-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr68000d1cf01e0-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 12896, 'title' => 'Auctions, options', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Indian Express </div> <div style="text-align: justify"> &nbsp; </div> <div style="text-align: justify"> <em>SC is right that natural resources are held in public trust, but its comments on allocation are simplistic</em> </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. &ldquo;While transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible persons can participate in the process,&rdquo; it said. The court&rsquo;s order makes sense in the specific context of the case it was dealing with &mdash; the award of telecom licences in 2008. What happened then was preposterous &mdash; rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. Alienation of natural resources by the state depends on, among other factors, the nature of the resource &mdash; whether it is limited or regenerative; on the priority of the policy &mdash; allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. 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The court&rsquo;s order makes sense in the specific context of the case it was dealing with &mdash; the award of telecom licences in 2008. What happened then was preposterous &mdash; rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. Alienation of natural resources by the state depends on, among other factors, the nature of the resource &mdash; whether it is limited or regenerative; on the priority of the policy &mdash; allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. 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Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based.</div><div style="text-align: justify"><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 12896, 'title' => 'Auctions, options', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Indian Express </div> <div style="text-align: justify"> &nbsp; </div> <div style="text-align: justify"> <em>SC is right that natural resources are held in public trust, but its comments on allocation are simplistic</em> </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. &ldquo;While transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible persons can participate in the process,&rdquo; it said. The court&rsquo;s order makes sense in the specific context of the case it was dealing with &mdash; the award of telecom licences in 2008. What happened then was preposterous &mdash; rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. Alienation of natural resources by the state depends on, among other factors, the nature of the resource &mdash; whether it is limited or regenerative; on the priority of the policy &mdash; allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. So the apex court&rsquo;s sweeping statement that first come first served or any other method for allocation of scarce natural resources is likely to be misused misses the point. Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based. </div> <div style="text-align: justify"> <br /> </div>', 'credit_writer' => 'The Indian Express, 6 February, 2012, http://www.indianexpress.com/news/auctions-options/908247/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'auctions-options-13016', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 13016, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 12896 $metaTitle = 'LATEST NEWS UPDATES | Auctions, options' $metaKeywords = '2G,Corruption,Law and Justice' $metaDesc = ' -The Indian Express &nbsp; SC is right that natural resources are held in public trust, but its comments on allocation are simplistic In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation...' $disp = '<div style="text-align: justify">-The Indian Express</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>SC is right that natural resources are held in public trust, but its comments on allocation are simplistic</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. &ldquo;While transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible persons can participate in the process,&rdquo; it said. The court&rsquo;s order makes sense in the specific context of the case it was dealing with &mdash; the award of telecom licences in 2008. What happened then was preposterous &mdash; rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. Alienation of natural resources by the state depends on, among other factors, the nature of the resource &mdash; whether it is limited or regenerative; on the priority of the policy &mdash; allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. So the apex court&rsquo;s sweeping statement that first come first served or any other method for allocation of scarce natural resources is likely to be misused misses the point. Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based.</div><div style="text-align: justify"><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/auctions-options-13016.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Auctions, options | Im4change.org</title> <meta name="description" content=" -The Indian Express SC is right that natural resources are held in public trust, but its comments on allocation are simplistic In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Auctions, options</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Indian Express</div><div style="text-align: justify"> </div><div style="text-align: justify"><em>SC is right that natural resources are held in public trust, but its comments on allocation are simplistic</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. “While transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible persons can participate in the process,” it said. The court’s order makes sense in the specific context of the case it was dealing with — the award of telecom licences in 2008. What happened then was preposterous — rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. Alienation of natural resources by the state depends on, among other factors, the nature of the resource — whether it is limited or regenerative; on the priority of the policy — allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. So the apex court’s sweeping statement that first come first served or any other method for allocation of scarce natural resources is likely to be misused misses the point. Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based.</div><div style="text-align: justify"><br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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The court’s order makes sense in the specific context of the case it was dealing with — the award of telecom licences in 2008. What happened then was preposterous — rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. 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Alienation of natural resources by the state depends on, among other factors, the nature of the resource — whether it is limited or regenerative; on the priority of the policy — allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. So the apex court’s sweeping statement that first come first served or any other method for allocation of scarce natural resources is likely to be misused misses the point. Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based.</div><div style="text-align: justify"><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Auctions, options |
-The Indian Express SC is right that natural resources are held in public trust, but its comments on allocation are simplistic In its ruling in the 2G spectrum allocation case, the Supreme Court said that auctions were the best route for allocation of finite natural resources. “While transferring or alienating the natural resources, the State is duty bound to adopt the method of auction by giving wide publicity so that all eligible persons can participate in the process,” it said. The court’s order makes sense in the specific context of the case it was dealing with — the award of telecom licences in 2008. What happened then was preposterous — rules were changed mid-way; spectrum was allocated out-of-turn to select players in a non-transparent manner, that too at 2001 prices. How to allocate natural resources is a policy decision depending on a range of factors as was discussed in the report of the Ashok Chawla panel on the subject. For example, it called for a national law on water, treating it as a common resource and legislating its allocation and pricing; e-auctions for land similar to the exercise undertaken by the National Textiles Corporation to sell properties in Mumbai. Alienation of natural resources by the state depends on, among other factors, the nature of the resource — whether it is limited or regenerative; on the priority of the policy — allocation of public land for hospital, a university or for low-cost housing may need the government to lay down clear-cut principles; and also on the appetite of risk for market participants. Moreover, auctions work better when markets are more matured and developed. In coal, for instance, the market is still dominated by a single state-owned player and there is no regulator. The telecom market has evolved rapidly in India and certainly there is an urgent need to move to market-based principles for spectrum allocation. In fact, time is ripe in India to allow trading of spectrum to address situations of shortage despite utilisation being sub-optimal. But, in some other sectors, auctions may have limited appeal. So the apex court’s sweeping statement that first come first served or any other method for allocation of scarce natural resources is likely to be misused misses the point. Price and purse (exchequer) are not the only two factors that determine policy which has to be transparent and rule-based. |