Journal of Management and Science
Vol. 3 No. 2 (2013): Vol 3, Iss 2, Year 2013
Articles

Present Scenario of Power Sector in India

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  • Kamlesh Gakhar,
  • Meetu,
  • Niyati Chaudhary
Kamlesh Gakhar
Professor , Institute of Management Studies and Research, MAHARSHI DAYANAND UNIVERSITY,Rohtak-124001, Haryana, INDIA
Meetu
SRF(Senior Research Fellow), Institute of Management Studies and Research, MAHARSHI DAYANAND UNIVERSITY, Rohtak-124001, Haryana, INDIA.
Niyati Chaudhary
JRF (Junior Research Fellow) ,Institute of Management Studies and Research, MAHARSHI DAYANAND UNIVERSITY, Rohtak-124001, Haryana, INDIA.
DOI: https://doi.org/10.26524/jms.2013.34
Published June 30, 2013
Keywords
  • Reforms; Sustained Growth; Fiscal deficit
How to Cite
Gakhar, K., Meetu, & Chaudhary, N. (2013). Present Scenario of Power Sector in India. Journal of Management and Science, 3(2), 286-299. https://doi.org/10.26524/jms.2013.34

Abstract

Infrastructure is a key requirement for the sustained growth of an economy. Within infrastructure, growth in the power sector is one of the most important requirements for such growth.Though, the installed generation capacity of Indian power sector increased over the years. Yet, the power sector lacked in quality, security and reliability. It was characterized by gross underinvestments, serious under recoveries and had the highest contribution to the India‘s fiscal deficit. In the wake of all these difficulties, it was necessary to bring reforms in this sector. The present paper is an attempt to describe the efforts taken by Indian government for the overhauling of this sector since 1991, gaps in its implication and the need for future reforms.

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