It is facile to say that US President Donald Trump is misinformed about the Indian coal sector. He is usually, on so many issues. Yet his misinformed diatribe could help push the Indian government to bring in deeper and faster reforms in the energy sector and especially in coal.
In fact India is already on the way and it has been acknowledged by the USA’s own Energy Information Administration. Its country profile for India notes“Along with its pledge for deeper economic reforms, the (NDA) ad-ministration is supporting several energy reforms such as reducing petro-leum product subsidies, reforming natural gas pricing policy, reducing elec-tricity transmission and distribution losses and theft, alleviating regulatory burdens, and providing fiscal incentives to attract energy supply invest-ment and to reduce infrastructure constraints”. Read More…
Credit By: Business Standard
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