Bailouts & More Bailouts

Postscript: Most of the conditions for State governments and discoms to get funds have remained the same throughout the past bailout packages, except for a few new additions. The elusive target of reducing AT&C losses to 15 per cent has been recurring in all the bailout packages right from the first one in 2001. The other conditions include upgrading distribution infrastructure and raising tariffs periodically to narrow the revenue deficit gap