Brahma Chellaney in The Hindu:
Creating an artificial market with no-strings subsidies and electricity supply at state-supported rates is no prudent way to meet energy needs. The proposed arrangements actually seek to create a win-win situation for foreign vendors by ensuring there is no downside to their business. By rigging commercial terms in favour of select foreign suppliers, the arrangements, in effect, promote unfair business practices and cartelisation.
Manmohan Singh's dogged persistence in this whole nuclear deal/liability bill matter is mystifying. And the BJP support bought by opaque behind-the-scenes dealings: "Narendra Modi let off in barter for Bill".
And what is our natural partner and the object of Manmohan Singh's devotion up to? Making thinly-veiled threats: U.S. tries to armtwist India on Dow issue. From the email sent by the Deputy National Security Advisor to Montek Ahluwalia:
“We are aware of this issue and we will look into it. While I've got you, we are hearing a lot of noise about the Dow Chemical issue. I trust that you are monitoring it carefully. I am not familiar with all the details, but I think we want to avoid developments which put a chilling effect on our investment relationship.”Natural partners in crime.
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