Filippo Grandi, the United Nation’s high commissioner for refugees, has expressed hope for“ peace with political, economic [and] social rights for all“ in 2024.
In a post on X, he said the peace to wish for in the coming year “must be just”, with the “end of exile for those who lost their homes”.
The government no longer has the budgetary space to continue carrying hundreds of billions of rupees in untargeted subsidies while the power sector itself remains trapped in circular debt, inefficiencies, theft and under-recovery.
Our financial system is geared towards short-term, risk-averse lending, while climate adaptation and green infrastructure require patient, long-term capital.
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