The New Year celebrations will doubtless be there. The Ball will drop in Times Square; leaders will usher in a Prosperous New Year…. We will be going into the wee hours of Dec 31st 2008 singing - Happy New Year….Unfortunately many/most of us will also be clueless about what it holds out… (more…)
Indian electricity sector reform strategy has two identifiable points of evolution. The initial strategy, implemented in 1991, was structured around the belief that constrained capital supply in generation was the key problem. The policy shift came in 1996. The experience of the intervening years showed that facilitating incremental investment in generation was not enough as the much desired investment flows did not come in. This realization initiated a reform programme broader in scope and range. The altered reform paradigm accorded an important role to the regulator for being a catalyst in commercializing the traditional state owned monopolies. (more…)
My thoughts on what lies ahead for the auto sector… (more…)
Bad for importers and bad for exporters – (more…)