Saturday, November 10, 2007
The woes of administered prices
While there is a lot of focus on two administered prices - the rupee-dollar and petroleum products - there are many other products where the government also has an extensive engagement. Business World has an interesting edit on the story unfolding with cotton.
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That edit goes like this :
ReplyDelete" ... Pawar will have to go to P. Chidambaram and plead for a subsidy. The finance minister is not very sympathetic to such frivolous demands, especially from a minister who left the Congress and has not yet returned to it. "
Interestingly, the FM himself had left the congress (years ago) for the breakaway GK Moopanar's TMC !
Regards,
Shankar - Mumbai