Reader's view on Business Today stories
The Indian economy is well and truly past the slowdown and is poised to
reach an even higher growth trajectory. However, an impending energy
crisis could play spoilsport.
Time to Act, Fast
The Indian economy is well and truly past the slowdown and is poised to reach an even higher growth trajectory. However, an impending energy crisis could play spoilsport. Your cover story (The Shock Around the Corner, August 7) shed light on the various causes of the crisis and suggested possible ways of overcoming it. It is quite distressing to note that we face this crisis despite the existence of adequate sources of energy. The inherent policy deficiencies need to be plugged on a war footing before it is too late.
B. Rajasekaran, Bangalore
Energy Lag
Your cover package (The Shock Around the Corner, August 7) has nicely highlighted one of the major hurdles India is facing in realising its development goals. Energy is fundamental to growth and in India there is serious shortage of it. But sadly, the Centre is not doing enough to tap the renewable sources available. Rising energy costs and shortage of fossil fuel feedstock will certainly destroy India's dream of becoming an ideal manufacturing hub in the future.
Ratul Dey, Noida
Land and Law
Land acquisition (No Man's Land , August 7) has become a contentious issue with conflicts arising frequently in different parts of the country. The loopholes in land-related laws are detrimental to the economy. The land owners are inadequately compensated in some cases, while the soaring price of acquired land after a change of land use hurts the end-users who purchase real estate. The solution lies in bringing greater transparency to the market. Clear and transparent rules for acquiring land, proper compensation to land owners and rules around approvals and governance around delivery of end products to consumers is urgently required.
Bithi Dutta, Puducherry
Correction
The caption of the photograph accompanying the story 'Strong Constitution' (BT, August 7) is incorrect. It should read "G.M. Rao (left) with elder son G.B.S. Raju". We regret the error.
The Indian economy is well and truly past the slowdown and is poised to reach an even higher growth trajectory. However, an impending energy crisis could play spoilsport. Your cover story (The Shock Around the Corner, August 7) shed light on the various causes of the crisis and suggested possible ways of overcoming it. It is quite distressing to note that we face this crisis despite the existence of adequate sources of energy. The inherent policy deficiencies need to be plugged on a war footing before it is too late.
B. Rajasekaran, Bangalore
Energy Lag
Your cover package (The Shock Around the Corner, August 7) has nicely highlighted one of the major hurdles India is facing in realising its development goals. Energy is fundamental to growth and in India there is serious shortage of it. But sadly, the Centre is not doing enough to tap the renewable sources available. Rising energy costs and shortage of fossil fuel feedstock will certainly destroy India's dream of becoming an ideal manufacturing hub in the future.
Ratul Dey, Noida
Land and Law
Land acquisition (No Man's Land , August 7) has become a contentious issue with conflicts arising frequently in different parts of the country. The loopholes in land-related laws are detrimental to the economy. The land owners are inadequately compensated in some cases, while the soaring price of acquired land after a change of land use hurts the end-users who purchase real estate. The solution lies in bringing greater transparency to the market. Clear and transparent rules for acquiring land, proper compensation to land owners and rules around approvals and governance around delivery of end products to consumers is urgently required.
Bithi Dutta, Puducherry
Correction
The caption of the photograph accompanying the story 'Strong Constitution' (BT, August 7) is incorrect. It should read "G.M. Rao (left) with elder son G.B.S. Raju". We regret the error.
