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Rapid capacity additions and improved efficiencies in electricity generation, transmission and distribution, are still absent or inadequate. The Electricity Act, 2003 introduced concepts not formally recognised earlier competition in electricity, safeguarding consumer interests, encouraging investment, captive generation, merchant power, electricity trading, electricity exchanges and markets, consumer choice, open access to transmission and distribution wires, ...
V.K.R.V. Rao remains one of the foremost Indian social scientists. An outstanding economist and well-known institution builder, he was at the centre of policy-making in the country. He paved the way for research and training in economics and the social sciences. He is the founder of the Delhi School of Economics and The Institute of Economic Growth in Delhi, and the Institute for Social and Economic Change, Bangalore. He also led the trend of economists embarking ...
Governing Power is a pioneering attempt to examine the experience with independent regulation of electricity in India to assess its efficacy as an alternative form of governance. It compares the electricity experience with that of independent regulation in other countries, independent regulatory bodies in India, and old-style regulation by government departments. It evaluates the Indian model in the context of its replication over other sectors of the economy. ...
This volume contains 31 reminiscences by colleagues, friends and kin who were associated with the late V.K.R.V. Rao during his life-time, particularly in his life-long mission to nurture social science in the country and build centres of excellence in social science research. It is a tribute to his memory on the occasion of his centenary and focuses mainly on the third and final Institution, Institute for Social and Economic Change, Bangalore that Prof. Rao ...