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.
Durrani as NSA was a leap for Pakistan. No surprise that he didn’t even last a year in that job. He chafed after 26/11, seeing it as a deliberate Army/ISI betrayal.
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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