UPA Govt suffering from 'policy paralysis': Nitish

Image
Press Trust of India Patna
Last Updated : Apr 05 2013 | 3:30 PM IST
Perturbed over grim power situation in Bihar due to conflict among warring public sector undertakings, Chief Minister Nitish Kumar today slammed the Centre saying it is suffering from "policy paralysis" which has been known to everybody.
"The Centre is gripped with policy paralysis and that is known to everybody....There is acute shortage of coal at power plants due to conflict between the NTPC and Coal India - both public sector undertakings and the third party (Indian Railway) of the conflict too happens to be another public sector undetaking," he said, addressing an Investors Meet here.
As a result of conflict among various public sector undertakings, the state was gripped with acute power crisis, Kumar said a day after he had urged the Centre to intervene in the matter at the earliest for resumption of power generation at the NTPC's Farakka and Kahalgaon plants from where Bihar gets bulk of its central quota of power.
The Eastern Coalfields Ltd (ECL) has stopped coal supply to the NTPC's Farakka and Kahalgaon thermal power plants causing below-capacity power generation at these two plants after the latter suspended payments on the ground that it will do so only after evaluating quality and quantity of the natural fuel being supplied by the former through freight service by the railways.
The Chief Minister also took to task the UPA government for inordinate delay in following up its promise to revisit the special status criteria which is an aspiration of the people of Bihar and could bring in additional incentives and tax benefits for potential investors in the state.
The Chief Minister assailed the Centre's decision to de-control sugar and said that it will further escalate inflation and price rise.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 05 2013 | 3:30 PM IST

Next Story