ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Is Restructuring of APSEB Inevitable

national losses of such a magnitude that we might be inviting a systemic collapse. TOWARD A COMMON AGENDA Thus, we are faced wit ha situation wherein, on the one hand, the present losses due to inefficiencies in SEBs are huge and have already brought the sector to the brink of collapse; on the other hand, the losses due to 'bad' privatisation may be much higher. In this situation the question we need to address is how to minimise losses due to the present inefficiencies while preventing the possibility of new losses due to 'bad' privatisation. Neither of the two standpoints addresses this question.

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