From 19th feb Financial express:
Govt wants to clear its face on load shedding for which it is completely responsible. Under the head of Measures for reducing power distribution losses it says that in the coming 5 years 14254 crores would be spent to improve the capacity of distribution system: what does this means? Cant government have outcome based targets like improving the efficiency by certain percentage rather than outlay based targets. I would like to ask our honourable PM/FM why still this kind of "irresponsible targets are allowed". It further says that certain portion of this cost is already been completed what does this mean to public? how to verify what has been done and what is left?
It says last year we successfully cut the losses by 3.25%? 3.25% of what? It says above programs( which are not mentioned just referred as 22 new schemes) would cut the losses even further!!! Are we fool to allot money for "would cut the losses even further".
It say we have not been smugly idle; I don't know what is the new definition of being Idle? Will dabhol ever get solved?
It sites tata power 500MW shutdown for annual maintenance as one of the reason for acute shortage/load shedding: why we are paying so much of money and benefits to this politicians if they can not even plan for such regular events?
Lastly still the advertisement has courage to say that the efforts to make power available are going on "Full steam ahead". Only time can prove that how blatant eye wash this is.
NOW BE READY FOR SOVEREIGN DEFAULT
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The world is indeed changing very fast. What we have seen in the last 2-3
yeras was not observed in the last 80 years in the financial markets. After
the c...
16 years ago