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The Lure of Free Electricity
Why free electricity is an issue?
Long term impact
Free power distorts demand, discourages efficient use and resource management.
Consequences of free power
The free/subsidized power supply is provided for improving the financial condition of farmers. However, this has led to certain dysfunctions:
Giving free power imposes intergenerational costs in terms of exacerbating water scarcity and deterioration of air quality.
Policy alternatives: PM-KUSUM
By: VISHAL GOYAL ProfileResourcesReport error
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