Mani Khurana's Books

Beyond Crisis

The Financial Performance of India's Power Sector

By: Mani Khurana,Sudeshna Ghosh Banerjee

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Beyond Crisis

The Financial Performance of India's Power Sector

By: Mani Khurana,Sudeshna Ghosh Banerjee

In September 2012, the Government of India approved a financial rescue scheme to revive the power generation sector. This bailout amounted to about Rs 1.9 trillion and came in response to banks and financial institutions with large nonperforming loans to the power sector. This is the second bailout of the sector in a decade. The first was in 2002 when the government had to convert the outstanding arrears of state electricity boards to central public sector undertakings. The 2002 bailout came to Rs 400 billion in state government bonds to restore the sector to financial solvency. The recent crisis and consequent bailout is more complicated than the 2002 bailout. Power sector developments in the past two decades have brought new players into a traditionally government-dominated sector, and they have also been implicated in the crisis. India has adopted transformative policy changes since the last bailout. A landmark Electricity Act was passed in 2003, superseding all previous legislation. The strategic intent of the act was to promote competition by opening all possible avenues for the procurement and sale of electric power. Subsidiary policies and enabling legislation have advanced this process. Competitive markets have evolved and attracted new investments, largely from the private sector. The institutional structure of the traditionally public sector-dominated industry has also been transformed. Aside from the entry of new private sector participants, primarily in generation, the state electricity boards (SEBs) were unbundled into generation, transmission, distribution, and, in a few cases, trading segments. State electricity regulatory commissions (SERCs) were also established in all the states. Over the next two decades, India faces immense challenges if it is to sustain the 8 to 10 percent growth rate required to end poverty and achieve human development goals. According to the Planning Commission, India needs to triple or quadruple its primary energy supply and increase its installed electricity capacity by at least five or six times its 2004 levels to meet demand in 2032. To accomplish these ambitious goals, India will need a commercially viable power sector. This report presents a diagnostic of the financial and operational performance of segments in the power sector value chain between adoption of the Electricity Act, 2003, and 2011, including the factors that contributed to the recent crisis. The report focuses on efficiency and productivity, whether performance has improved over time, and which states have emerged as performance leaders. Analysis of this kind is not new or unique, but this report aims to integrate historical performance, the current situation, and future projections of the impact of worsening sector finances, and the actions that need to be taken to check the downturn.

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Page Count

151

Publisher

World Bank Publications

Published Date

ISBN 10

1464803935

ISBN 13

9781464803932

Middle of Diamond India

National Renaissance through Participation and Enterprise

By: Shashank Mani

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Middle of Diamond India

National Renaissance through Participation and Enterprise

By: Shashank Mani

Middle of Diamond India proposes a revolutionary idea - that India has long ignored its largest and most talented segment, citizens in the Tier 2 and Tier 3 districts, its Middle. The book reveals the hidden stories of those in its Middle who have been ignored owing to their location and language. By examining India's revolutionary past, its culture, its citizens, its innovators, and its spirit, the book illuminates this Diamond shaped India. Replete with characters, anecdotes, insights, research and accounts of an annual pilgrimage on a special train-Jagriti Yatra, and an enterprise ecosystem established in Deoria district, the book outlines a new vision of India focussed on its rising Middle. It proposes a Banyan Revolution over the coming twenty-five years of Amrit Kaal, using the tool of enterprise or Udyamita that can ignite a national renaissance. The book argues that by recognizing and awakening the entrepreneurial vitality of those in small towns and districts, we can create meaning for millions of citizens and define a new modernity for India.

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Page Count

435

Publisher

Penguin Random House India Private Limited

Published Date

ISBN 10

9357082832

ISBN 13

9789357082839

IADVL's Concise Textbook of Dermatology

By: Lalit Kumar Gupta,Paschal D'Souza,Abhay Mani Martin

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IADVL's Concise Textbook of Dermatology

By: Lalit Kumar Gupta,Paschal D'Souza,Abhay Mani Martin

Section 1: Basic Dermatology Section 2: Cutaneous Infections and Infestation, Including Leprosy and STIs Section 3: Allergic, Inflammatory and Immunological Diseases Section 4: Skin in Genetic, Metabolic, Nutritional and Systemic Diseases Section 5: Pigmentary Diseases of Skin Section 6: Disorders Affecting Skin Appendages and Mucosae Section 7: Skin Malformations and Tumors Section 8: Miscellaneous Diseases Section 9: Dermatological Therapy Index

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Page Count

612

Publisher

Jaypee Brothers Medical Publishers

Published Date

ISBN 10

9352707621

ISBN 13

9789352707621

A Time of Transition

Rajiv Gandhi to The 21st Century

By: Mani Shankar Aiyar

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A Time of Transition

Rajiv Gandhi to The 21st Century

By: Mani Shankar Aiyar

Mani Shankar Aiyar looks back to the changes that have taken place during the -Time of Transition' "the two decades since Prime Minister Rajiv Gandhi left office after the Lok Sabha elections of November 1989. Rajiv Gandhi was the fourth prime minister of India in four decades of independence, but the last twenty years have seen as many as eight prime ministers and several more governments. Accompanying the change from single-party governance to the instability of coalition politics are major transformations in the pace, trajectory and even the goals of nation-building. It is these contentious transitions that are reflected in the five major themes of this volume: Democracy, Secularism, Socialism, Nonalignment, and Neighbourhood Policy. Mani Shankar Aiyar was both a witness to, and a reluctant participant in, these processes of change: as joint secretary in Rajiv Gandhi's prime minister's office, as an MP since 1991, and today as a cabinet minister in the United Progressive Alliance government. His columns for the Indian Express are analytical and vivid commentaries on their times, written in the author's inimitable style. This collection sheds light on a critically significant era in contemporary India.

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Page Count

543

Publisher

Penguin UK

Published Date

ISBN 10

9351189295

ISBN 13

9789351189299

Beyond Crisis

The Financial Performance of India's Power Sector

By: Mani Khurana,Sudeshna Ghosh Banerjee

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Beyond Crisis

The Financial Performance of India's Power Sector

By: Mani Khurana,Sudeshna Ghosh Banerjee

Average ratings

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Solve jigsaw puzzle

Age

Page Count

151

Publisher

World Bank Publications

Published Date

ISBN 10

1464803935

ISBN 13

9781464803932

Book's by Mani Khurana

Beyond Crisis

Beyond Crisis

Middle of Diamond India

Middle of Diamond India

IADVL's Concise Textbook of Dermatology

IADVL's Concise Textbook of Dermatology

A Time of Transition

A Time of Transition

Beyond Crisis

Beyond Crisis

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