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Depoliticise power

Power sector's structural problems are revealed again

Business Standard Editorial Comment 

When the Ujwal DISCOM Assurance Yojana (UDAY) was rolled out by the government in 2015 to revive the power sector, many observers pointed out that it was merely pushing the problems down the road, rather than providing an effective solution. This had been done twice before when power distribution companies (discoms) had been bailed out and then found themselves back in trouble.

As predicted, UDAY’s benefits have ceased to operate, and the power sector is once again in trouble. Although the UDAY scheme had moved discom debts to the states’ balance sheets, it had not done enough ...

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First Published: Thu, December 26 2019. 00:11 IST
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