Despite
the tall claims the power sector, which is considered as the engine
for economic growth, has miserably failed to deliver the goods.
Although a good number of private sector power producing companies are
providing support to the public sector power utilities companies, the
industrial, commercial and social consumers are subjected to the
rationing of the power. Is it an ideal condition to attract the
foreign investment, achieve economic and social targets? We certainly
can have a sumptuous candle-light dinner but not the economic
revolution or industrial revolution.
COAL
AN ALTERNATE FUEL
The
precarious forex reserves position and presence of some of the largest
and quality coal reserves demand that efforts should be made to
switchover to this indigenous fuel. However, the real benefit of these
reserves can not be exploited without modern mining facilities and
efficient infrastructure.
MANGO
Despite
a bad crop mango exports are expected to reach record levels in terms
of both quantity and value. The prediction is based on the assumption
that the bad crop resulting in unaffordable prices would affect the
domestic consumption adversely thereby leaving record quantity for
exports. High international prices, on the other hand, are expected to
push the value of mango exports to a record high.