-The Economic Times MUMBAI: Soaring diesel consumption by fleet owners, telecom companies to keep their towers running and malls to pamper their affluent customers is blowing up the theory that continuation of diesel subsidies is intended to help farmers and truckers in order to keep inflation low. Diesel consumption is growing at a rapid pace that is lining the pockets of the business community rather than the government's intention to help poor...
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Nuclear energy not only safe but also economical: IGCAR chief
-The Hindu From generating 1.3 Giga Watt energy at the time of Independence, the country’s energy generation has increased to 205 Giga Watt (an increase by close to 160 times). But India still faces 12 per cent electricity shortage. Therefore, all forms of energy must be used to overcome this, Director of the Indira Gandhi Centre for Atomic Research (IGCAR), at Kalpakkam, S.C. Chetal told The Hindu . He was here on...
More »Cash transfers to cushion subsidy cut impact: IISD Study
-The Economic Times The economic and social impact of reduction in petroleum subsidies in India will be much lower than perceived if a cash transfer system for directly subsidising vulnerable consumers is successfully implemented, studies commissioned by the Geneva-based International Institute for Sustainable Development have said. The government must, however, dismantle subsidies in a calibrated manner as vulnerable consumers will be able to adjust better if the under-recoveries are gradually eliminated, cautioned...
More »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...
More »CAG reports, instead of shedding light, increasingly spread confusion
-The Economic Times The three reports of the Comptroller and Auditor General (CAG) on coal, ultra-mega power projects and airports, playing out in the public discourse as major indictments of corruption and of the government, serve only to spread confusion and convert infrastructure building into a political battleground. The reports are ill-informed by commercial logic, sometimes deficient in factual detail. However, since they bear the authority of a constitutional body, the...
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