Monday 7 July 2008

Nuked by Ambanis

DNA today has a story on the three demands of Amar Singh – an immediate ban on export of petro-goods by private oil companies; a “fair and transparent’’ policy regime to make spectrum available to telecom companies; rework the dollar-rupee exchange rate.
The first is designed to hit Mukesh Ambani and the second to directly benefit Anil Ambani. This only reinforces my belief (see the previous post) that the nuclear deal is not worth this kind of compromise. What’s the point of saying the government won’t be held hostage by the left and then agree to be held hostage by a corporate house?

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