'Free is the most expensive word in public policy,' says CEA Nageswaran
- Source
- The Economic Times - Economy
- Source link
- https://economictimes.indiatimes.com/news/economy/policy/free-is-the-most-expensive-word-in-public-policy-says-cea-nageswaran/articleshow/132826396.cms
- Published
- 2026-08-03 09:13:40
- Discovered by ProcIntel
- 2026-08-03 12:25:03
- Category
- Regulation, Tariffs, Sanctions & Trade
- Geography
- India
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
Chief Economic Advisor V Anantha Nageswaran warned that offering utilities like water below cost undermines infrastructure, encourages waste and weakens investment. Speaking at the CII Tamil Nadu Infrastructure Summit, he said users must pay fair prices while the government should directly support the vulnerable.
Procurement Relevance Gate
FAIL
— score 7.0/100 — evaluated 2026-08-03 12:25:03
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.