While there may be welfare motivations for subsidising bus travel or fertilisers, it hurts private players whose goods and services compete in the same market.
A scheme guaranteeing subsidised coal for MSMEs was formulated in 2007-08 under the Manmohan Singh govt. Its implementation in Gujarat has spawned allegations of corruption.
Coal buyers are paying 340% premiums to secure the fuel as even with high premiums, locally produced coal remains far cheaper than importing it from Australia or Indonesia.
A 50% hike would be a dramatic increase for Coal India. But any hefty wage increase would resonate across India's energy sector and its broader economy.
India must become ‘Atma Nirbhar’ in coal production. If govt auctions CIL’s loss-making mines, pvt sector can ensure the national exchequer adequately gains.
Jharkhand CM Hemant Soren has chosen to oppose commercial coal mining, which damages our national interests as it makes it difficult to deal with local issues.
The civil aviation ministry could have recognised the enormity of the Air India crash and prepared the AAIB and its investigating team for its sensitivities.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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