Monday, July 2, 2012

Power Drive


June 29

Power Drive

This article mainly talks about fighting the electricity shortages of the country. It quotes about how there has been an 8.8% rise in the power demand and only an 8.2% rise in production. It is quite clear , even to a normal mind that the power supply, and infact a consistent and ample power supply is necessary to the growth of the nation. This fact needs to be drastically addressed in our country. It is in fact quite clear that any sort of lousy attitude of the government in implementing policies can result in the country falling back by decades compared to its competitors. We have already been declared as the first fallen angle out of the four BRIC countries. This only is a sign that we should be more vigilant about the corner stones that make a country strong. Even more vigilance is required on the utilization of these corner stones towards efficient sustainable development. Some of the examples are, electricity being the most important, followed by transport, communication in terms of voice as well as high speed data, stronger legislature, a more powerful and determined executive, and a way more active judiciary. Coming back to the point of power, the government is already facing losses by providing free power to a lot of farmers as the political obligations of some of the leaders which is again taking  toll on the revenue. The government is already on a loss of Rs. 45000 crore and looking at the current election scenario, It is poised for more. This all in all sums up to the fact that we need a more reasonable structure of subsidies if at all we do give them out. The power sector is certainly a very important part of the economy and must be addressed appropriately for a brighter future.

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