In this New Indian Express article, Visiting Senior Fellow, Shankkar Aiyar writes on the correlation between pending bills and the cost to citizens. Excerpts:
"Consider this case to appreciate the correlation between pending Bills and the cost to Indians. A Rajya Sabha MP asked the Ministry of Power “details of the financial burden faced by states and consumers due to transmission and distribution (T&D) loss of power by the power companies.” On January 8, 2019, R K Singh, Minister of Power, informed Parliament that at the all-India level, “energy loss in T&D for the year 2016-17 is 249,197.48 million units”, which translates to 21.42 per cent of the electricity supplied in the year. What does this loss cost India and Indians? By the government’s own estimates, a reduction of 1 per cent in T&D losses results in “a saving of 4,146.60 crore”.
The stark reality is that in 2016-17, India and Indians lost `88,820 crore—that is, `243 crore per day or over `10 crore every hour.
This could be mitigated...."
Read the whole article here.