Interview from The Financial Express
PM Sayeed says the concerns expressed by UPA partners regarding the Electricity Act 2003 has been taken care of, by merely extending the unbundling deadline by an year. PM Sayeed says: "there is no other clause under the Act on which a review has been sought. At least, I have not been informed of any further change, either by my party or the allies." The implication is that there is nothing more in it which is of concern to the partners including the left parties. Let us see how the Left Parties react to this.
The minister also talks of setting up a nodal agency for rural electrification called Rural Electrification Corporation. Reiterating his earlier statement he said: "Subsidies have to be funded from by the states from their own funds."
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