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Chill of hike freeze-Meghdeep Bhattacharyya

-The Telegraph Kolkata: Owners of potato cold storages today announced a day’s shutdown on Monday and threatened a longer agitation to protest the Mamata Banerjee government’s refusal to allow a rent hike. Many officials termed this as another instance of the “populist” government’s reluctance to raise tariffs. “The rent is our only source of income. Overhead costs have spiralled in the past two years. But the government is not allowing us to increase...

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Delhi govt saved Rs 30,000 cr by privatising power sect:report

-The Indian Express The privatisation of power sector in Delhi has been very successful and it has resulted in saving of around Rs 30,000 crore by the city government in last ten years, a report has said. The report by SBI Cap Securities on the power sector came amid an outcry over hike in power tariff in the city by nearly 50 per cent in the last one year. The report, which examined...

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Arvind Kejriwal and McCarthyism of the uncorrupted-Vivian Fernandes

-CNN-IBN A kind of McCarthyism seems to be operating in the country. Just as the US Senator who gave the term its name saw communists lurking everywhere in the early 1950s, Arvind Kejriwal sees corruption behind every deal. He wants electricity consumers in Delhi not to pay bills, claiming that they are over-stated. He cites the cut in tariff which the former chairman of Delhi's electricity regulatory commission, Berjinder Singh, had recommended....

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Rail Tariff Authority to take call on fare hike -K Balchand

-The Hindu Union Railway Minister C.P. Joshi has announced the decision to constitute a Rail Tariff Authority, based on which the next hike in passenger fares and freight rates will be effected. The Tariff Authority is an attempt at insulating the Railways from various hikes being effected by the government, including on fuel price, which officials regard as having made the operation of the Railways in the current situation unviable. Addressing the Economic...

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Politics aside, is Gujarat a great growth story?-Bibek Debroy

-The Economic Times A new book by Bibek Debroy on Gujarat looks at how this much-talked about state has performed in economic terms. The author argues history, luck and administrative clarity have been the determining factors. There has been a discernible pickup in Gujarat's growth performance since the 10th Plan (2002-07), the five-year Plans being natural periods for breaking up the timeline. It's tempting to argue that there is nothing exceptional in...

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