The central government in various podiums claimed that they were able to bring the ‘One Nation one Tax’ system in the country.
On similar lines now, demand is being raised at certain levels that electricity prices all across the country atleast for the domestic sector - are made uniform so that the present punch being faced at metropolitan cities is reduced.
Even during the recently concluded elections, electricity prices and its availability were among the main issues. The Schedule 12 of the Concurrent List of the Indian Constitution calls for maintaining uniformity in the policies that are aimed at electricity production. This has been reflected in most states where within states, an uniform approach is maintained with uniform tariff, barring Maharashtra and Gujarat that are supplied by private players as well.
The issues
The market of electricity is dominated by the national grid through its power plants totalling 3,50,000 MW installed capacity. Theoretically, either input material is transported or electricity is transmitted. Other heterogeneous modes of production such as coal, gas, nuclear and renewables also contribute to the supply of the heterogeneous consumer segment which ranges from agriculture to public utility such as railways and roads. The variation of production pricing is assumed by the state on a pooled basis.
At the level of supply, the bulk consumer takes a higher voltage in contrast with low consumer who takes, say 230 volt, but the prices of transmission and wheeling often hike electricity prices that the bulk consumer subsidises. This approach of ‘high consumption, high price’ is disgruntling users. This policy is countered by the policy on agriculture market that gives the responsibility of subsidy to the state.
Denne historien er fra April 1-15, 2019-utgaven av BUSINESS ECONOMICS.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra April 1-15, 2019-utgaven av BUSINESS ECONOMICS.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Elections 2024: Illusion & Reality
Whenever there is an election, we find the politicians speaking in hyperboles – and possibly, 2024 Lok Sabha has reached a crest.
Government initiatives aim to bolster rubber cultivation and innovation
Rubber tree plantation has seen significant growth in India, thanks to robust government oversight and favorable weather conditions.
Macron speaks on Europe's economic fragility
Many heads of state often speak on topics over which they have little control or vested interest.
Indian industries stand to benefit in raising of tariff on Chinese imports to the US
A delicate balance of power and influence exists between the United States of America and China.
Chabahar Port Agreement: Part of India's strategic and economic vision for Central Asia and Europe
On May 13, India and Iran signed a 10-year contract to operate the Chabahar port in Iran.
It is quite incredible to see things of interest happen with the blessings of the divine trio
Swamiji once said, “The wind of divine grace is always blowing. You just need to spread your sail.
The battle for sustainability: Earth Day's message of 'Planet vs. Plastics
World Earth Day, observed annually on April 22 worldwide, commemorates contemporary environmental advancements and promotes awareness of the imperative to conserve Earth and its resources.
Mother Teresa International Award 2024: Celebrating Humanity and Service
The Mother Teresa International Award, a prestigious honor recognizing individuals dedicated to serving humanity, will host its 2024 ceremony in Dubai, United Arab Emirates.
Can India get out of the middle income trap?
In the mid-1980s, international financial institutions moved away from calling their member countries as poor and rich countries, or as developed and less developed countries.
How is India's falling household savings rate worrisome for its development?
There has been a sharp reduction in the household net financial savings rate in 2022-23, leading to an overall decline in the financial savings rate.