IMA Analysis

Tuesday December 19, 2017

Uday: A Federalist Success Story

Power distribution has been shoddily managed over the last 30 years in almost every state of the Indian Union and being a state subject there is little the central Government can do directly. By 2015, India’s distribution companies had piled up Rs 4 trillion of high cost debt. With the launch of Uday in late 2015, the government has made a strong start but there is still a lot to be done.  +Read More