Letters to the editor
Gujarat chief minister Narendra Modi, while delivering the annual Shri Ram Memorial Oration at the Shri Ram College of Commerce in New Delhi, has aptly stressed the need for developmental politics. It may be recalled here that Gujarat is among the very few developed states in the country that can boast of a strong GDP. Gujarat under Modi has a completely new look now and he has transformed the state in the last decade beyond one’s comprehension and has impacted considerably the economic history of India for the better. His model of development has undeniably worked wonders in Gujarat and is worth experimenting in other states of the country. Economic priority must always assume precedence over political expediency, to take the growth process forward.
Power sector reforms
“Scindia meets bankers, all ears to concern on power sector lending” (The Financial Express, February 9) shows that merely pumping more money into the power sector is not going to improve the power scenario in the country. What is urgently required is rational and viable power tariff which factors into the greater used of imported fuels, both gas and coal. The reluctance on the part of the concerned authorities to take bold decisions on power sector reform as well as pricing and pursuing populist policies is among the major causes of poor performance in the power sector. The government, it seems, is skirting behind technicalities in granting revision of tariff in most of the mega power projects which were signed when imported
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