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" Renewable energy is not more expensive than fossil fuel when you factor in life-cycle costs. "
Piyush Goyal
Renewable Energy
Energy
You
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" Western countries have gone through their development cycle and enjoyed the fruits of ruining the environment over many years and are now giving us homilies and pontificating on responsibilities to the environment. I think they need to look inward. "
Piyush Goyal
Look
Environment
Think
" The speed of decision making is the essence of good governance. "
Piyush Goyal
Speed
Governance
Good
" I am still fairly confident we will come out better than the West in terms of our overall development versus damage. "
Piyush Goyal
I Am
Better
Confident
" I can't tell my people that you will get power only from 6 A.M. to 5 P.M., and after that, we live in darkness. You need 24-hour power; you need a baseload, and that baseload for India is coal. We are looking at clean coal technologies to reduce the impact of pollution. "
Piyush Goyal
Looking
Live
Darkness
" I am a person always with an open mind. "
Piyush Goyal
Person
Always
I Am
" I trust the regulatory mechanism; it is a fair and independent mechanism, and the politicians and government do not interfere with the regulators. "
Piyush Goyal
Government
Politicians
Fair
" I don't interfere with regulators. "
Piyush Goyal
Interfere
" As more and more money is coming into the formal economy, one can look at more attractive tax rates and lower tax slabs. Even if half the people who were in the informal sector move in to the formal economy and more taxes get collected, more money can be spent on the welfare. "
Piyush Goyal
Money
People
Tax
" Foreign and domestic investors will come only when they know that you have enough power. "
Piyush Goyal
Will
Enough
Know
" States are the architects of UDAY, not the central government. "
Piyush Goyal
Architects
Government
Central
" I can't inject renewables into a grid that doesn't have base load. "
Piyush Goyal
Load
Renewables
Base
" It is important to take into account the total power cost borne by consumers after taking into account what they spend on inverters and gensets. "
Piyush Goyal
Important
Cost
Consumers
" Reforms ensure that everybody benefits and the state generates financial resources to provide for the really deserving. "
Piyush Goyal
Financial
Deserving
Really
" Of course we have to use coal... the renewable energy sources will supplement the supply from coal. "
Piyush Goyal
Renewable Energy
Energy
Will
" I'm not crying over surplus capacity... Surplus capacity is good for India. Surplus capacity means we can get more investors, can get more households and promise them 24/7 power. "
Piyush Goyal
Crying
Power
Over
" Even a poor man doesn't ask alms unless he sees you have the ability to give. "
Piyush Goyal
Ask
Ability
Man
" Reaping political dividends out of tragedies is deeply engrained in the Congress' DNA. "
Piyush Goyal
DNA
Congress
Deeply
" Energy is not a political issue for the Modi government. It is our commitment to provide electricity to every household of the country. "
Piyush Goyal
Government
Political
Our
" If you are moving the informal economy into the formal economy, and if the transactions which for years were never reported as part of GDP are now transacted through banking channels, it will only add to the GDP, not reduce the GDP. "
Piyush Goyal
You
Now
Never
" For me, as the Government of India, the interest of the poorest of the poorest is paramount. "
Piyush Goyal
India
Government
Poorest
" My father studied under a street light in a small town in Haryana. "
Piyush Goyal
Street
Small
Light
" I will reach out to all states uniformly... I can assure you I will take two steps for every step they extend. "
Piyush Goyal
Step
Reach
You
" I believe investigative agencies should be run in an autonomous manner, and there shouldn't be any interference from the government's side. "
Piyush Goyal
I Believe
Any
Believe
" In most riots in India, Congress has had a direct or indirect involvement. History bears this out. "
Piyush Goyal
History
Congress
Involvement
" I can't tell the people of India that we'll burden you with high costs because the West has polluted the world, now India will pay for it. Not acceptable to us. "
Piyush Goyal
Now
You
Burden
" If inflation is brought down, interest rates will fall. Once rates fall, we have the opportunity to maybe achieve the goal of 'housing for all' faster; take roads, infrastructure to India's interiors. "
Piyush Goyal
Goal
Opportunity
Roads
" Politics is involved when you don't tackle inefficiency and burden people with higher tariffs. "
Piyush Goyal
Involved
Politics
People
" More taxes mean more money to spend for public welfare. "
Piyush Goyal
More
Money
Welfare
" Cost-plus is an inefficient way to do things. "
Piyush Goyal
Inefficient
Way
Things
" Unless you empower your domestic investor and domestic industry and domestic confidence in the sector, no foreigner is going to come. "
Piyush Goyal
Empower
Confidence
Your