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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence POLITICAL ECONOMY | PART 1: THE TELECOM TEST The Sangh’s Costliest Blunder: Keeping Narendra Modi in the Chair After Demonetisation and a Trail of U-Turns Two private giants, one state-propped survivor, roughly ₹3.22 lakh crore in announced BSNL revival and support packages (spectrum allocation included), and ₹1.41 lakh crore of AGR dues still on the books: telecom shows what happens when one man’s brand becomes the party’s only policy. This is an argument against Narendra Modi, not against the BJP. SYNOPSIS India’s telecom market has narrowed from a messy but real plurality into two dominant private networks, one weak private survivor kept alive by government equity, and a public operator that has needed about ₹3.22 lakh crore in announced support packages and spectrum allocations, not all of it cash. The 2010 spectrum auctions that started the debt spiral were a UPA-era event, and we say so plainly. But a ...
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"Amma" Fires Missiles at the UPA..!!
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Tamil Nadu Chief Minister Jayalalithaa today charged the UPA government with suffering from "policy paralysis" and said it was "so much struggling with internal squabblings" that it could not even look into "livelihood issues" such as the Cauvery river water problem.
The AIADMK chief said her repeated pleas to the Centre and Prime Minister Manmohan Singh demanding that the 2007 final verdict of the Cauvery Water Disputes Tribunal be notified in the Central gazette had not been heeded to.
"I had written to the honourable Prime Minister on May 19 seeking to convene meeting of the Cauvery River Authority. The Centre has not taken any action. It looks like the Centre has no time to focus on people's issues as it is struggling with internal squabbles created by its (Congress) alliance parties," she said in a statement here.
"Therefore, the government is suffering from policy paralysis resulting in not even being able to look at the livelihood issues like the cauvery river water problem", she said.
In her letter to Singh in May, Jayalalithaa had charged Karnataka with "unjustly utilising" Cauvery water for summer irrigation and asked the Prime Minister to convene a meeting of the Cauvery River Authority to discuss the issue.


News Body, Courtesy: Business Standard

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