Step 1: Understanding the Concept:
Infrastructure, particularly energy, is a critical driver of economic development. The power sector in India faces several structural and operational challenges that hinder its efficiency and expansion.
Step 2: Detailed Explanation:
Three major challenges facing the Indian power sector are:
1. Insufficient Installed Capacity: The total electricity generated is not adequate to meet the growing industrial and domestic demand, leading to frequent power cuts and load shedding, especially in rural areas.
2. High Transmission and Distribution (T&D) Losses: A significant percentage of generated electricity is lost during transmission through the grid or is stolen illegally (power theft). India's T&D losses are among the highest in the world.
3. Financial Sickness of State Electricity Boards (SEBs): Many SEBs are in heavy debt due to politically motivated low tariff pricing, free electricity to farmers, and chronic inefficiencies in billing and collection.
Step 3: Final Answer:
Three challenges: (1) Insufficient generation capacity, (2) High T\&D losses, (3) Financial distress of State Electricity Boards.
___________ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):
The present day rapid industrial growth in China can be traced back to the economic reforms introduced in 1978, where ________ .
(Choose the correct alternative to fill in the blank):
(i) Initially reforms were initiated in agriculture, foreign trade and investment sectors.
(ii) The policy of dual pricing was adopted.
(iii) The Government revoked the policy of Special Economic Zones.
Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.
Read the following statements carefully:
Statement 1: India, Pakistan, and China have similar physical endowments but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.
Read the following statements carefully:
Statement 1: India, Pakistan and China have similar physical endowments, but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.
_______ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):
Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.
“An increase in the credit creation capacity of commercial banks has a direct impact on the money supply in an economy.”
Discuss the given statement.