Power Sector

Its obvious importance notwithstanding, the power sector seems to have been overlooked in the budget proposals. Despite the fact that power cuts and poor quality of supply are rampant across the country, the 2004-05 Budget does not include any new proposal or policy announcement for the power sector. With the power situation in the country continuing to remain grim and fast deteriorating in many states due to inadequate generation, transmission and distribution capacity, the government needs to urgently create an environment that enables enhanced investments in the sector.