1 00:00:07,135 --> 00:00:15,840 Pal pal pal pal...(Phone rings) 2 00:00:15,840 --> 00:00:20,447 Niira Radia: Hi Ganu. G. Ganapathy Subramaniam: Hi. Sorry to - sorry to call you so late… 3 00:00:20,447 --> 00:00:29,407 Niira Radia: Uh huh. G. Ganapathy Subramaniam: See, there is some buzz about the government coming out with some ordinance on the gas price issue. 4 00:00:29,407 --> 00:00:43,232 Niira Radia: Hmm. G. Ganapathy Subramaniam: Haan, I don't know how correct or how, what stage this is, etc…but some people were saying that since the court order is based on private agreement - 5 00:00:43,232 --> 00:00:56,544 Niira Radia: Hmm. G. Ganapathy Subramaniam: - I mean the government has already fixed a different price – so they might issue an ordinance saying that sales should happen at this price and not at any other price. 6 00:00:56,544 --> 00:01:06,272 Niira Radia: I think your publication has run an edit on it before, na (is it not)? G. Ganapathy Subramaniam: Uh, I think that must be much earlier, when the GoM and all those businesses were going on. 7 00:01:06,272 --> 00:01:20,096 Niira Radia: Well no, the court case was on. I think your edit had taken a position that you know, why are we wasting tax payers' money by going into this legal battle, which really, you know only the private parties are going to benefit... 8 00:01:20,096 --> 00:01:25,728 Niira Radia:...why can't the government just come out with an ordinance because the price is a national asset and it should be determined by the government. 9 00:01:25,728 --> 00:01:31,872 G. Ganapathy Subramaniam: This must be the pre, pre-judgement, in the old days when the case was being heard and all that… 10 00:01:31,872 --> 00:01:42,880 Niira Radia: Correct. G. Ganapathy Subramaniam: Okay. So something like that, you know, what people are saying is that there has been some discussion between Pranab Mukherjee and Murli Deora on this. 11 00:01:42,880 --> 00:01:57,728 Niira Radia: Hmm. G. Ganapathy Subramaniam: So I don't know how accurate this could be, because Prime Minister is not here. And you know of course nobody can claim that there can be some cabinet whatever, review on this, etc. 12 00:01:57,728 --> 00:02:12,575 Niira Radia: Hmm. G. Ganapathy Subramaniam: So...but Pranab Mukherjee, it is possible, because Pranab Mukherjee was head of the EGoM earlier, and then later on Murli Deora was also a member, and Pranab now, has become, later on, now, has become the Finance Minister. 13 00:02:12,575 --> 00:02:22,047 G. Ganapathy Subramaniam: So he has all the more say on the subject. But the funny point is that the EGoM never had said anything like this! The EGoM did not you know… 14 00:02:22,047 --> 00:02:39,454 Niira Radia: Tch, the EGOM was compromised because of Amar Singh at that time, no. G. Ganapathy Subramaniam: Ahhh. So the last meeting of the EGoM which, you know the decision (unclear) was made public, did not say anything on the ordinance like this. But now some talk of that is going around I think. So maybe you need to…check it out a little. 15 00:02:39,454 --> 00:02:45,855 Niira Radia: You see, at the end of the day I just can't understand how a court can decide that Kokilaben should decide, na. G. Ganapathy Subramaniam: (laughs). 16 00:02:45,855 --> 00:03:05,567 Niira Radia: The natural resource of the country, I mean it's a bit of a joke. You've made Kokilaben look like a laughing stock, no? G. Ganapathy Subramaniam: Yeah, and then they are saying, you go and renegotiate, you know. Whatever…I mean, how can, you know, a court and say, two parties, keep negotiating and renegotiating an order, I mean when the EGoM and the government, they should take a view on the prices. 17 00:03:05,567 --> 00:03:08,639 Niira Radia: Hmmm. G. Ganapathy Subramaniam: Ha, it's also really funny. 18 00:03:08,639 --> 00:03:25,023 Niira Radia: It is, isn't it? G. Ganapathy Subramaniam: Yeah yeah yeah. Yeah, I think now ADAG is using this to make some quiet noises about how they will, you know, now go on to build the Dadri plant, etc, when there's not even a single brick there. 19 00:03:25,023 --> 00:03:40,895 Niira Radia: Nahin(No), and not only that, they've not even acquired all his land. G. Ganapathy Subramaniam: Yeah. So. All in all, kind of presupposition. But anyway they got an opportunity finally, one thing, you know, finally, to blow up their, you know, stock market operation. 20 00:03:40,895 --> 00:03:44,478 Niira Radia: Well yeah, for a while they'll play on the markets - G. Ganapathy Subramaniam: Yeah… 21 00:03:44,478 --> 00:03:58,304 Niira Radia: - and then benefit by it, and then somebody else will take it again and… G. Ganapathy Subramaniam: Then that's right. And already I think he has been, you know, talking to people to raise money from the markets, etc, again. So this must be a, you know, strategy to do all that. 22 00:03:58,304 --> 00:04:04,959 Niira Radia: (unclear) G. Ganapathy Subramaniam: But you please check on this ordinance business, whether, you know, what this is all about. 23 00:04:04,959 --> 00:04:09,567 Niira Radia: Well, I don't think the government will leave it, for sure. G. Ganapathy Subramaniam: Yeah. 24 00:04:09,567 --> 00:04:23,903 Niira Radia: I can't see that happening, I can't see them uh allowing the High Court to be deciding, as one who's not qualified. G. Ganapathy Subramaniam: Yeah, how can, how can…Tomorrow then courts can decide the price at which diesel and petrol should be sold also. 25 00:04:23,903 --> 00:04:41,133 Niira Radia: Yeah if you look at what TK Arun has said. TK Arun has very clearly said, that you know, you can't uh…the court upholds the family side, but destroys the national resource, you know. It's a bit of a shame really… I'll check on this, I'll send a message, yeah? G. Ganapathy Subramaniam: Yeah (unclear) 26 00:04:41,133 --> 00:04:41,133 Niira Radia: And we're meeting tomorrow - (Tape ends abruptly)