Half a PPP = no PPP

The government seems to have no end to piecemeal solutions for the country’s coal crisis. After many weeks of confusion, the Prime Minister’s Office (PMO) told Coal India to import coal if need be, but to deliver coal to the power plants that needed it, apparently oblivious of what this would do to Coal India or to power prices in the country. When Coal India’s board refused to fall in line, a directive was issued to it, once again without any thought given to what this would do to the sharply worsening investor sentiment in the country.

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