That’s my coal, not yours

Imagine a situation where, say, Punjab says the wheat grown in the state can only be sold within its boundaries. Or where Haryana says a cess of 1% will be put on the sales of all Maruti cars produced in Gurgaon/Manesar when they are sold in other states, to meet an environmental damage mitigation fund. Any such move would immediately attract the Centre’s wrath, and rightly so, but that’s precisely what is happening in the power sector, and not for the first time either.

Read Full Story>>