COMMON SENSE SIMPLIFIED: PERENNIAL BLACKOUT

COMMON SENSE SIMPLIFIED: PERENNIAL BLACKOUT:

The populist government largesse has put the SEB's under siege with a combined debt of Rs 200,000 crores. Th ere are states, like Punjab, which provide free electricity to the farmers, raises important policy questions. Where are these subsidies coming from? Shockingly, it's not coming from states' exchequer – which should have been the case – but from the coffers of SEBs – turning them into junks that cannot be easily salvaged

Read More:  http://prasoonsmajumdar.blogspot.in/2012/08/perennial-blackout.html