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OverviewThis World Bank review of India's power sector assesses state-wise progress in implementing the government's reform agenda two decades after the liberalization of India's economy and a decade after the passage of the forward-looking Electricity Act of 2003 (EA). It examines the performance of the sector along the following dimensions, drawing on in-depth background papers - achievements in access, the financial and operational performance of utilities, governance, private participation, and the coverage and targeting of domestic user subsidies. Despite considerable progress in implementing the EA mandates and associated policies over the past decade, the report shows that sector finances remain weak. After-tax losses in 2011 were equivalent to nearly 17 percent of India's gross fiscal deficit and around 0.7 percent of GDP; they were concentrated in the distribution segment. Twenty years after the initiation of reforms, an inefficient, loss-making power sector and inadequate and unreliable power supply are major constraints to India's growth, inclusion, job creation, and aspirations for middle-income country status Full Product DetailsAuthor: Sheoli Pargal , World Bank , Sudeshna Ghosh BannerjeePublisher: World Bank Publications Imprint: World Bank Publications Dimensions: Width: 17.80cm , Height: 1.30cm , Length: 26.00cm Weight: 0.445kg ISBN: 9781464802331ISBN 10: 1464802335 Pages: 252 Publication Date: 30 June 2014 Audience: Professional and scholarly , Professional and scholarly , Professional & Vocational , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: In stock We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |