Apropos Jyoti Mukul's article "Coal, gas and misaligned priorities" (The Beat, May 2), the government's role in India's industrial sector needs a paradigm shift. It should transfer conducting businesses to the private sector, and allow market forces to decide the pricing mechanism. The focus should be on its role as a regulator, so as to ensure that fair practices prevail in business operations. This will put an end to manipulations involved in granting of licences and allocation of resources, which currently serve, inter alia, as a conduit for political funding. The entry of the private sector would also bring in the much-needed competition in and fillip to the industrial sector.
V Sridhar Kolkata
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