India suddenly faces an energy crisis because there is a massive shortage of coal for the power plants. Blackouts can’t be ruled out.
The thing is this sort of mess is par for the Indian course. India lives from crisis to crisis. Real ones, not manufactured by the Opposition or the media.
In a very large measure this is because market-oriented reforms generally and sectoral reforms particularly have been so very erratic in India. Our economic governance is a dog’s breakfast of initiatives, policies, laws and rules.
This strange and quixotic approach is attributed to our supposed uniqueness that needs
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