January 25, 2019

Pending bills and cost to Indians

In this New Indian Express article, Visiting Senior Fellow, Shankkar Aiyar writes on the correlation between pending bills and the cost to citizens. Excerpts:


"Consider this case to appreciate the correlation between pending Bills and the cost to Indians.  A Rajya Sabha MP asked the Ministry of Power “details of the financial burden faced by states and consumers due to transmission and distribution (T&D) loss of power by the power companies.” On January 8, 2019, R K Singh, Minister of Power, informed Parliament that at the all-India level, “energy loss in T&D for the year 2016-17 is 249,197.48 million units”, which translates to 21.42 per cent of the electricity supplied in the year. What does this loss cost India and Indians? By the government’s own estimates, a reduction of 1 per cent in T&D losses results in “a saving of 4,146.60 crore”.


The stark reality is that in 2016-17, India and Indians lost `88,820 crore—that is, `243 crore per day or over `10 crore every hour.


This could be mitigated...."


Read the whole article here.

Topic : State Capacity / In : OP-EDS
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