Power dive

Cheap and plentiful electric power is a critical ingredient for economic growth. Unfortunately, power shortages have become endemic across almost all major states especially during the peak summer months. And despite tall claims made by the government about large additions to power generation capacity in recent years, there is never any respite. If power generation in the country supposedly went up by a record 8.2% last year, it still fell short of the demand which rose by a still higher 8.8%, despite the slowdown in the economy — mainly on account of the sharp increase in power consumption for domestic use and agriculture. 

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