The article highlights that on the surface, energy price subsidies and ceilings may appear to be good policy, something that is easy to sell to the electorate. But, over time, utility companies accumulate large losses. Cross-subsidization through the government’s use of other funds becomes untenable. It leads to sharp upward price revisions that often put household budgets under sudden strains.

Read More

Recent News

Sitharaman's budget speeches have mostly been positive in tone despite covid | Prof. Vidya Mahambare writes for Live Mint
Read More
Great Lakes Chennai’s one-year PGPM aims to accelerate careers | Prof. Sanjoy Sircar writes for Financial Express
Read More
Contact Us
  • Great Lakes Institute of Management,
    Prince infocity II,
    Ist floor,
    283/3, rajiv gandhi salai (OMR),
    Kandanchavadi,
    Chennai - 600096
  • +91-44-6699-9300
  • +91-44-6699-9301

Associations

  • Cornell University
  • Chicago Booth
  • Skema Business School
  • Universite De Bordeaux
  • IESEG
  • Frankfurt School of Finance and Management
Back to Top