The paper discusses recent reforms in the power sector in the context of the poor performance of State Electricity Boards (SEBs), and evaluates the recent policy changes in the sector. The new power policy permits a variety of ownership structures and has reduced the number of statutory...

This paper examines the disinvestment of shares of public sector enterprises (PSEs) in India since 1991. The poor performance of PSEs made reform increasingly urgent in the context of the broader strategy of the liberalization of the economy to deal with the perceived weaknesses of India's...

The provision of infrastructural facilities has traditionally been the responsibility of the public sector. However, fiscal constraints, technological innovations, low levels of operational efficiency and inappropriate pricing policies have led to fundamental changes. This paper looks initially...