Manufacturing impossible without cheap energy.

The Supreme Court has cancelled allocation of 214 coal blocks since 1993, sparing only 4 of them. In 2012 the Supreme Court cancelled 122 telecom licenses which prompted foreign companies to reassess their commitment to India. Judges have a duty to enforce the law and if licenses have been awarded illegally, either as a favor to friends or in return for bribes, then they have to say so. This verdict comes in response to a Public Interest Litigation which sought investigation of all licenses under the supervision of the Supreme Court, cancellation of illegal licenses and fines on companies which had obtained them. Accordingly the Court has added a fine of Rs 295 per tonne on the companies which will give the government a windfall of Rs 100 billion. Who distributed the coal mines illegally and who gained from the illegal distribution of public resources? Politicians and civil servants. Who suffers from the judgement? Power and steel companies which will have no fuel to run their plants, banks which will suddenly be saddled with enormous bad loans but mainly the people who will find their electricity bills jump and goods made of iron, such as cooking utensils, becoming expensive. Public sector banks will be recapitalised using taxpayer money so we lose in every way. On the other hand the extra money will come in handy for the civil servants and politicians to go abroad for highly enjoyable junkets. India must be the only country in the entire world where public and civil servants, who have taken an oath to uphold the constitution but loot the public, are freely allowed to enjoy their booty but we, who are forced to pay bribes to survive, are punished heavily. The Prime Minister is very keen to boost manufacturing in India and has invited foreign companies to " make in India ". This might be an excellent time for India as China tries to shift from a low wage, highly polluting, export driven economy to one driven more by consumption and services. Traditionally countries exported their way out of poverty using cheap labor in manufacturing. Japan, Taiwan, Korea and China have all used this model very effectively. Manufacturing is labor intensive and so increases employment, draws people out of low paying agricultural labor into higher paid jobs and attracts foreign investment which brings technical know-how. India is upside down in that our services sector is 57% of the economy but employs only 28% of the workforce. A lot of the services, such as maids, waiters and construction labor, are very low paid, insecure and hazardous. However, manufacturing is not possible without cheap and abundant energy which is proved by the US and China being the greatest greenhouse gas emitters. Auction profit sharing and not the coal mines. Coal mines belong to the people so we should benefit.