Power News We love to talk!

DEC 18 2012

Power, water availability to determine TN’s growth: Rangarajan

  • Economic Times, ET Bureau / Hyderabad
  • Created: Tue 18th DEC 2012

Tamil Nadu would do well to focus on the issue of power and water availability as these will determine the State’s growth in the coming years, a top policymaker has said.

“Availability of power and water are two critical factors and important issues ahead of Tamil Nadu,” C. Rangarajan, Chairman of the Prime Minister’s Economic Advisory Council said here today.

He highlighted that Tamil Nadu has been high on social indicators and was one of the highly industrialised States.

But these two critical factors – power and water – needed to be looked into by the concerned authorities, he noted.

Rangarajan was addressing the satellite session of the Delhi Economic Summit 2012 on ‘Accelerating Growth in Tamil Nadu: Need for Paradign Shift’.

Later Rangarajan told presspersons that he was confident of the Central Government meeting the revised fiscal deficit target of 5.3 per cent for 2012-13.

He expects India’s economic growth to be around 5.5-6 per cent this fiscal. “Economic growth will pick up next year,” Rangarajan said.

Tags

Delhi Tamil Nadu

Related News

  • Govt seeks to give citizens compensation for feeding solar power to grid  Read more
  • New transmission lines reduce power congestion in South India  Read more
  • Energy ties to top agenda if Manmohan meets Pakistan PM in SeptemberTalks  Read more
  • Gujarat: Anandi Patel inaugurates world's tallest wind tower  Read more
  • Goyal's boast ignores power problems  Read more
  • Reliance Power moves to Delhi HC against Chhatrasal coal mine cancellation to Sasan UMPP  Read more
  • Haryana power discom gets Japanese assistance  Read more
  • India needs sweeping reforms in many areas to resolve power crisis  Read more
  • Can Rajasthan show the way on power reforms?  Read more
  • LPG gets expensive, price hiked by Rs 2.71 per cylinder  Read more