We wish to express our outrage and deep concern about the recent notification issued by the Department of Public Enterprises (DPE) in the Union Finance Ministry, which sets “guidelines” for the new policy for public enterprises in the “non-strategic” sectors. The “guidelines”, issued on December 13, which give effect to the new policy, announced earlier this year, at the height ...
The privatisation of the public sector and monetisation of assets are not good for India and disinvestment in public enterprises over the years has led to the concentration of economic power, says a report “Privatisation: An Affront to the Indian Constitution” by Peoples’ Commission on Public Sector and Public Service headed by Thomas Isaac, former finance minister, Kerala, and EAS Sarma, forme...
The privatisation of the public sector and monetisation of assets are not good for India and disinvestment in public enterprises over the years has led to the concentration of economic power, a trend that is disturbingly on the rise taking us towards an oligopoly, says a report "Privatisation: An Affront to the Indian Constitution" by Peoples’ Commission ...
Indians like to be verbose. We like to pack in as much as possible lest we realise later that something has been left out that can create ambiguity. Conveying as much as possible with minimum words is an art and requires some amount of ingenuity and command over the language. Our policy documents suffer from the same malaise, at least some of them. Policy documents should be pithy and cris...
Almost three-quarters of India’s distribution companies have submitted draft proposals for the new ‘reforms based and results linked’ scheme. India’s Ministry of Power has reported that 39 out of the 55 beneficiary state owned distribution companies have now submitted their proposals for distribution sector reform and the remainder are expected to send them sh...
All India Power Engineers Federation (AIPEF) in a letter to Punjab chief minister and Finance Minister Punjab urged to release the pending payments due to Punjab State Power Corporation Limited (PSPCL) on account of waiving of arrears for domestic consumers, enhanced power subsidy due to benefits given to domestic and industrial consumers. VK Gupta spokesperson AIPEF said that the financial condition ...
India Power Engineers Federation (AIPEF) in a letter to Chief Minister and Finance Minister Punjab urged to release the pending payments due to Punjab State Power Corporation Ltd.(PSPCL) on account of waiving of arrears for domestic consumers, enhanced power subsidy due to benefits given to domestic and industrial consumers .pending payments V K Gupta spokesperson AIPEF said that the...
The Congress government has failed to clear its bill for each of the fiscal years that it has been in power; engineers say using PSPCL as a tool for political freebies will ultimately end up hurting Punjab’s consumers The power subsidy bill for the new Punjab government will be over four times the amount that the previous SAD-BJP regime had kept unpaid. ( Patiala Freebies...
Punjab’s power utility has started planning for the paddy season six months in advance, because it failed to meet this year’s requirement for 15,000 megawatts and 2022’s estimate is 16,000 MW. Its failure to meet the requirement this year forced power cuts on all categories of consumers, inviting mob attacks on the power grids and the gherao of officials for the promised eight hours of su...
The Revamped Distribution Sector (RDS) Scheme aims to bring down discom losses within the 12-15 per cent range and align supply costs and revenue realised by FY25. Its budgetary outlay is INR 3 lakh crore spread over five years, of which 32 per cent will be centrally funded. Renewable Energy, R.K. Singh, has emphasised that reliable, quality power supply and consumer satisfaction are prerequisites for the country&...