The argument was not made by the Solicitor General Mohan Parasaran but by additional Solicitor General, who said that the courts domain is not to get into economic policy or the fixation of gas price, subject to there being no collusion between Reliance Industries and the government.
In the latest development on gas pricing tussle at the Supreme Court, the additional Solicitor General Thursday argued that economic policies cannot be dealt with the court.
The argument was not made by the Solicitor General Mohan Parasaran but by additional Solicitor General, who said that the courts domain is not to get into economic policy or the fixation of gas price, subject to there being no collusion between Reliance Industries and the government.
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He said the alleged collusion is incorrect and he will continue to prove that and once he proves it, there is no merit for the court to get into the gas price fixation or any form of economic policy. To lend weight to his argument, the additional Solicitor General read out several clauses of many acts on this.
The Solicitor General Mahon Parasaran finished his argument by lunch time, once again trying to present a case that there is no form of collusion. The gas price hike is good for the country as it will increase energy security. There will be surety of gas because the E&P activity will go up and there will be incentive for companies to come to the country and carry out exploration activities.
In another significant development, the SC bench allowed government to rely and have Joint Secretary of Exploration from the oil ministry Giridhar Aramane for talking to the SC bench if there is technical aspect of the production sharing contract and the KG-D6. The next hearing will now be on April 9.
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