Energy Prices Should Increase, Poor Should be Protected: Kelkar

By Narsi Santhanam • Dec 6th, 2009 • Category: Uncategorized

Finance Commission Chairman Vijay Kelkar today said domestic fuel prices should be allowed to move in line with global prices, while the poor should be protected through direct cash support.

“We must accept energy prices are going to be high. We should allow prices to move… There should be direct cash transfers to protect the vulnerable, instead of through low prices,” Kelkar said at the 8th Petro India conference here.

“We should learn to pass on the prices. Price flexibility is one way of attacking volatility,” he said.

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Narasimhan (Narsi) has extensive experience in understanding renewable energy markets and strategic levers for success in these markets. His special focus has been his work on the Indian renewable energy industry. His work in the previous 15 years have spanned market and industry research, product management and international sales, and strategic consulting. see more http://www.eai.in/ref/team/ns.html

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