Prime Minister Narendra Modi's decision to open commercial coal mining to private players is a key step towards bringing order to the country's chaotic power industry and ending the chronic blackouts that impede its economic rise.
Divestment in PFC, REC, NHPC, Nalco, Hindustan Copper and NMDC could be considered
Power firms can pass on burden to consumers, stocks rise up to 2%
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
Examples of coordinated initiatives.
'Chidambaram, lots of people argue not without justification, is all about bluff and bluster without any concrete achievement on the ground. His record in the finance ministry fully endorses that view,' argues Virendra Kapoor.
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
Coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that the NDA's e-auction of coal blocks will not solve the fundamental problems that dog the industry.
India Inc has few leaders who are likely to grab headlines in 2015.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances