Madhyanchal Vidyut Vitran Nigam Ltd’s decision comes amid allegations of inflated pricing & cartelisation. UP Electricity Power Consumer Council claims Adani Group was lowest bidder.
The 2022 Bill only takes forward the market-is-solution-for-all-ills theory of Montek Singh Ahluwalia who is the prime architect of Electricity Act 2003.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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