Q.3 Importance of increasing domestic coal production was highlighted by the surge in the prices of impoted coal. In context of this, suggest the measures to reduce the exposure to price volatility. (10 Marks)

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2 responses to “Q.3 Importance of increasing domestic coal production was highlighted by the surge in the prices of impoted coal. In context of this, suggest the measures to reduce the exposure to price volatility. (10 Marks)”

1. 

   July 21, 2022

   believing is seeing

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   1. 

      July 23, 2022

      Staff @CD

      Hello

      In intro, you can link it with some current affairs to show the requirement of coal( reduced powe plant stockpiles, fears of power crisis etc)
      Reasons for price surge are good. However, you can integrate this with the importance of increasing coal production with price surge being one of the reasons. Easing inflationary pressures, shielding domestic economy, slow growth of renewables can be mentioned as other reasons.
      Measures to reduce price volatility are good, rationalizing cross-subsidies, need of a regulator acting as a single point of contact for the industry and streamlining policy measures such as National Electricity Policy can also be mentioned.
      Conclusion is fine.
      Overall a decent attempt but some content enrichment can be done by adding the above mentioned points.
      Keep practicing. 🙂