murali772 - 7 January, 2010 | Reforms | Delhi | Media Reports | Economy | Public Sector | Others | Everything else

It is an extraordinary system where an equipment manufacturer for the telecom industry turns sick and remains sick just as an epoch-making boom takes place in the sector. Lakhs of private units make losses and are unable to cope with the market; only, they don’t have an automatic tap in the public treasury to keep going that way.

For the full text on the attempt by the New Indian Express to urge readers to educate themselves, click here.

Perhaps this is government's NUEGA, U being for urban. The question is the affordability, particularly considering the ever-widening budgetary deficit?

Muralidhar Rao

 

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