Economic Reforms and the Political Economy - Politics of Power Reforms
Article from: OGEL 1 (2004), in Electricity Law and Regulation
Summary
India has made vast strides since independence in 1947 in its generation of electricity and making it available to large numbers of people. India's economic development is closely linked to the availability of electricity. But especially in the last 20 years, supply has been chronically short, it has not been available to large numbers of people and has become very expensive for industry and commerce, reducing their competitiveness in the international economy. Many factors are behind this. Lack of commercial approach, tolerance of inefficiency and theft, subsidies to domestic and ...