Will it help sound mining or mining companies?
Supply issues comprise one part of the energy conundrum, as we discussed last fortnight. The cost of energy and our ability to pay for it is the other. The matter gets vexed because the rise in price of raw material of all energy sources is accompanied by huge inefficiency in distribution and accounting. But importantly, we remain a poor country where cost of energy is a factor in its availability and accessibility for all.
It was a trade exhibition abuzz with the restrained chatter of busy suited executives at company stalls making contacts and finalising deals. Nothing out of place except that this trade was about renewable energy technologies, which have unconventional reasons for growth. First, these technologies are seen as the most economical and feasible source of energy for millions of people unconnected to the electricity grid and having no electricity to light their houses or cook their food. This energy poverty is disabling and needs to be eradicated.
2011’s person of the year, according to Time magazine, is “the protester”. Clearly, this is the image that has captured the world—from dissent against the lack of democracy and repression in large parts of West Asia to anger against economic policies in vast and disparate parts of the world. People, all over, are saying enough is enough. But what will happen to these voices in the coming years? Will the movements of protesters be enough to change the way the world runs its business? Do these movements even know what they want?
“Stroke of the pen” reform is critical as in many cases policy is dastardly and change is laggardly. The essential element is to find that big-ticket item that can have impact on a scale and at a pace that is needed. I believe Union environment and forests minister Jairam Ramesh’s letter addressed to all chief ministers clarifying that bamboo is indeed a grass and not timber, is such an item.
24.2.91
The Anil Agarwal Reader
By: Sunita Narain
I suspect Indian scientists have retired hurt to the pavilion. They were exposed to nasty public scrutiny on a deal made by a premier science research establishment, Indian Space Research Organisation (ISRO), with Devas, a private company, on the allocation of spectrum. The public’s verdict was that the arrangement was a scandal; public resources had been given away for a song.
I suspect Indian scientists have retired hurt to the pavilion. They were exposed to nasty public scrutiny on a deal made by a premier science research establishment, Indian Space Research Organisation (ISRO), with Devas, a private company, on the allocation of spectrum. The public’s verdict was that the arrangement was a scandal; public resources had been given away for a song. The government, already scam-bruised, hastily scrapped the contract. Since then there has been dead silence among the powerful scientific leaders of the country, with one exception. Kiran Karnik, a former employee of ISRO and board member of Devas, spoke out. He explained it is wrong to equate this deal with the scam of mobile telephony, where it was alleged that the minister fiddled with procedures to hand out spectrum at throwaway prices. The reason is that this band of spectrum called S-band, reserved for use in satellites, is different from terrestrial spectrum used by mobile operators. In the S-band the users are different, risks are higher and the customer base is smaller. Hence, the cost calculations done for terrestrial spectrum cannot be used to estimate the loss to the exchequer in the ISRO-Devas contract.
As I write this piece, the finance minister has dispatched the Union Budget 2011. The press is busy reflecting the views of business and industry lobbies, as they quibble over duty exemptions, insist on financial stimulus and other incentives, and cry for big-ticket reform—foreign direct investment in retail and insurance. The only other discussion is about the growing fiscal deficit: will the finance minister give in to populism while extending the programmes for the poor? Or will he raise taxes to pay for the growing developmental needs of the country? The finance minister, it would seem, is caught between two battles: of checking the bulge in fiscal irresponsibility and of meeting the need for delivering governance.
By: Sunita Narain
The high corridors of the nation are abuzz with talk about how much food should be given to the country’s poor as a right. Then they worry who should get this right to food. All who are poor, the very poor or the poor but not so very poor? This haggle over the below poverty line (BPL) and above poverty line (APL) seems to miss two crucial points. One, that the government does not know how to enumerate its people in terms of poverty. Two, there is no fixed and absolute line dividing the poor and not-poor.