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Reforms, competition in distribution and end to coal monopoly only antidotes to power failures-Arvind Panagariya

-The Economic Times The power failure in India on July 30-31 was big news in US media. When the radio and TV stations began calling with the question whether this spelt the end to India's claims to global-power status, my first reaction was to remind them that a similar failure of the grid in 2003 had drowned the entire Northeast and Midwest in the US and Ontario in Canada into darkness. But,...

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Government ready to take up bill to amend Coal Mine Nationalisation Act: Coal Minister Sri Prakash Jaiswal-Rohini Singh & Soma Banerjee

-The Economic Times The government is ready to give up its monopoly over coal mining to meet the requirements of the economy, if BJP supports a long-pending legislation to amend the Coal Mine Nationalisation Act (CMNA). "We are ready to take up the bill and open up the coal sector to increase production. This is the only way forward and there is a consensus within the government on this. Once BJP comes...

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Where the mind should have no fear-Brinda Karat

-The Hindu The listing of the Protection of Women Against Sexual Harassment at Workplace Bill for discussion and adoption in the current session of Parliament is a welcome step. It is also welcome that the government has reversed its earlier unjustifiable position of keeping domestic workers outside the purview of the proposed legislation. Amendments moved on August 7 now include these sections of working women in a sector which has seen...

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Go beyond CAG: Shout less about notional losses, do more on genuine coal sector reform

-The Times of India Expectedly, CAG's reports on coal, power and Delhi airport have raised a storm. Yes, one takeaway is the need for transparency in resource disbursal and use, be it minerals or land. But if CAG - whose job is to keep accounts - habitually hypothesises about presumptive revenue loss owing ostensibly to absence of this or that policy in the past, where will it end? Its coal audit...

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The coal allocation mess

-Live Mint The report of the Comptroller and Auditor General (CAG) on the allotment of captive coal mines is a scathing narrative on the mis-governance and mismanagement of the country’s natural resources. As early as 2004, the government realized that the then prevailing system of allotment of mines was not transparent. An internal debate kicked off with the coal secretary pushing for a 28 June 2004 deadline for reforms in the...

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