It is now a given that India’s economic recovery would be a slow process as the country battles the Covid-19 pandemic. While this will hurt most economic agents, things would be particularly difficult for firms that were in a weak position even before the pandemic.
One such sector that will need policy attention is power distribution companies, or discoms. Apart from the Covid-induced difficulties, discoms have been a victim of the inability of the political leadership to make the right policy choices. The government recently announced a Rs 90,000-crore liquidity support programme ...
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