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CT Power & Energy Democratisation

There have always been good economic – not at all epidermic -- reasons to seek to achieve a diversification of the production base in the energy sector. Politicians had called it by another name, and had gone as far as to subsume this economic imperative into their ‘democratisation of the economy’ agenda, itself built up as their electoral plank almost nine years back. Except for the SARAKO, Aerowatt and Suzlon projects, recently initiated or still in the pipeline, the Central Electricity Board’s dependency on the sugar sector’s Independent Power Producers (IPPs) for almost 60% of electricity produced locally does not point to significant progress on the economic democratisation scorecard/agenda.

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Interview Patrick Assirvaden PDF Print E-mail

Interview : Patrick Assirvaden, Président du PTr & ancien président du CEB


« La volonté politique est là, mais le lobby sucrier est aussi très fort »

* « Si le CEB ne se réinvente pas, il mourra tôt ou tard… Le secteur énergétique en est un qui rapporte des milliards et, politiquement, c’est très sensible »

* « La vérité sur les ‘contrats en béton’ des IPPs est connue de la population. Les erreurs du passé doivent être pour nous un guide pour l’avenir »

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Anil Gujadhur PDF Print E-mail

Targeting the right Resources and Product-Mix

We have to go on extending our product and service range, for our economic survival, without leaving any stone unturned which ought to have been turned over

-- Anil Gujadhur

Of the 525,000 in employment in Mauritius, 42,000 are engaged in the Primary sector (Agriculture, mining and quarrying, artisanal fishing, etc.), 140,000 in the Secondary sector (Manufacturing, industry, etc.), and the greatest numbers, 343,000, in the Tertiary sector (Services such as trade and finance, ICT-BPO, medical, legal, etc.). The three sectors account for 7%, 27% and 66% respectively of all jobs. Back in the 1970s, the greatest numbers were employed in the Primary sector. The situation has so changed today that certain planters are asking to be allowed to import labour due to the scarcity of workers to tend to activities in that sector. The point to note however is that Mauritius has inexorably shifted towards the provision of services during several past decades, given that the two other sectors have not generated profitable employment for our labour force to the extent needed.

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Dr R Neerunjun Gopee PDF Print E-mail

Global Rainbow Foundation and Jaipur Foot

Empowerment with Dignity Through Mobility

Dr R Neerunjun Gopee

I had the blues

’cos I had no shoes

Until I went into the street

And saw someone

Who had no legs…

(Anon)

On Sunday last the Global Rainbow Foundation (GRF) in collaboration with Esquel (Mauritius) held a function themed ‘Celebrating the Gift of Mobility’ at the Octave Wiehe Auditorium in Reduit. It was the closing ceremony marking the successful completion of the two phases of the Jaipur Foot Project, and also the launching the Mahaveer Indradhanush Artificial Limb Centre in Mauritius.

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R. Chand PDF Print E-mail

Titbits

Managing the Trilemma: The MPC

The " impossibility trinity or trilemma” holds that policy authorities cannot simultaneously and continuously follow the three objectives of free capital mobility, fixed exchange rates, and an independent monetary policy. And even if the exchange rate is allowed to float, monetary policy cannot be entirely independent of what is happening to the value of the rupee. The trilemma implies that an economy can enjoy capital inflows and an independent monetary policy so long as it gives up worrying about the appreciating exchange rate. It is impossible to have all three goals at a time.

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