Coal inventories at thermal power stations fell to 22.9 MT on September 19, just 39 per cent of normative stock, as 74 of 190 plants faced critically depleted stocks
India's economic growth can translate into meaningful transformation only when its gains are shared fairly between workers and corporates, Chief Economic Adviser (CEA) V Anantha Nageswaran said, stressing that fairness is not an act of charity but a condition for a healthy and sustainable market economy. "Growth changes the country only when it is shared honestly between those who do the work and those who put up the money," he said at a keynote address at an AIMA event here. He argued that the debate over fairness should not be framed as a choice between workers and businesses. Instead, he said, both are part of the same economic bargain, with capital entitled to earn a fair return while workers must have a meaningful share in the prosperity generated by their work. "Fairness, of course, is not charity," he said, adding, a sustainable market ultimately depends on consumers having enough purchasing power to buy the goods and services businesses produce. "A healthy market needs ...
CEA V Anantha Nageswaran says business schools must focus on judgement, resilience and deep thinking as AI and geopolitical disruptions reshape management
CEA V Anantha Nageswaran said India's economic momentum remained intact despite global risks and expressed confidence in meeting the FY27 fiscal deficit target.
Coal stocks at thermal power plants have declined amid robust electricity demand, subdued hydropower generation and lower domestic coal production during the monsoon
Draft regulations propose at least two hours of storage for projects commissioned after July 2027, rising to a minimum of four hours for projects after July 2029
It proposed ramping down to MTL and minimum load operation during solar hours and ramping up in the evening when solar generation declines
As cyber and supply-chain risks grow, India is accelerating efforts to build domestic SCADA technology for its increasingly digitised power network
E20 - petrol with 20% ethanol blended in it - was rolled out last year and since April 1, it has been the only fuel available for sale at gas stations across the country
"Free is the most expensive word in public policy," Chief Economic Advisor (CEA) V Anantha Nageswaran said on Monday, warning that building infrastructure on the promise of below-cost services is a contradiction that ultimately ruins economic balance sheets. Addressing the CII Tamil Nadu Infrastructure Summit 2026 here, Nageswaran said the prevailing political orthodoxies surrounding utility pricing, urban development, and infrastructure financing exact a heavy toll. The CEA pointed out that pricing vital utilities like water at zero leads society to treat them as limitless, invariably resulting in waste and destruction. "The thing we call free is the thing we destroy. This is not a paradox, it is a policy choice and it can be chosen differently," he noted. He systematically debunked the notion that such underpricing acts as a social safety net. Instead, Nageswaran argued that free water effectively subsidises "comfortable" households that already possess piped connections. Meanwhi
Eleven pumped storage projects with a combined capacity of 15,870 MW are under construction and are scheduled for commissioning between December 2026 and May 2032
CEA Chairman Ghanshyam Prasad says hydropower and pumped storage projects will underpin India's renewable energy expansion, with approvals and clearances being expedited
Highlighting the evolution of India's GCC ecosystem, the CEA said multinational companies initially came to India for lower costs but stayed because of the country's capabilities
The Central Electricity Authority has urged states and discoms to strengthen planning, preventive maintenance and demand forecasting to minimise summer power outages and load shedding
Pension savings, being among the longest-duration and most patient forms of capital, can play a key role in building infrastructure and supporting India's journey towards Viksit Bharat while generating returns aligned with long-term liabilities, Chief Economic Adviser V Anantha Nageswaran said on Tuesday. A deep and well-governed pension pool can contribute to the creation of a developed India by supporting growth-oriented investments while ensuring liability-aware returns for subscribers, he said while addressing an event organised by Pension Fund Regulatory and Development Authority (PFRDA). Nageswaran highlighted that pension funds globally have faced funding challenges, particularly in the past when low interest rates pushed investors towards riskier assets. "The funding gap has long plagued Western pension funds and narrowed somewhat as interest rates moved away from the zero-flow environment. However, a subtle risk has emerged," he said. Pension funds have increasingly moved
West Asia crisis may weigh on FY27 outlook, says Nageswaran
The CEA wants a new fixed-charge framework to help discoms recover costs, but experts say tariff redesign cannot replace operational and regulatory reforms
Large companies must ensure timely release of payments to micro and small enterprises to ease their working capital needs and reduce cost of funds, Chief Economic Advisor V Anantha Nageswaran said on Tuesday. Speaking at the CII Annual Business Summit, Nageswaran said large companies should accept invoices presented by micro, small and medium enterprises and make payments on time. "Larger enterprises in the country have to pledge to contribute to relieving the working capital requirements of micro and small enterprises. Micro, small, and medium enterprises are the source of working capital for large enterprises. It should be the reverse. And because these enterprises have a much higher cost of capital," Nageswaran said. Freeing working capital for MSMEs would create a "successful, positive bandwidth" in terms of innovation, Nageswaran said. India has a huge pool of MSMEs with many struggling to scale up and integrate better into the global value chain. He said the government has ma
India's digital public infrastructure (DPI) has achieved world-class scale, but challenges relating to digital access, data governance, interoperability and cyber security remain areas of concern, Chief Economic Advisor V Anantha Nageswaran said on Friday. Addressing an ICRIER event on "Digital Public Infrastructure & Public Service Delivery", Nageswaran said large sections of the population, particularly the elderly, people living in areas with poor connectivity and those with low literacy and limited digital fluency, still face barriers in accessing digital services. "Digital infrastructure, however sophisticated, is not the same as digital inclusion in the fullest sense. The last great challenge of ensuring that those who most need services are also those who can most easily access them through digital means, that remains an ongoing effort," Nageswaran said. He said legislative and institutional framework in the area of data sharing and digital records is still ...
The CEA argued that India's substantial refining capacity significantly mitigates the challenges of its high crude oil import dependence