Dr Sarma argues that this is a classic case of socialisation of losses and privatisation of profits.
In the second part of this interview for Newsclick, E A S Sarma, the former civil servant who is now a social activist, tells Prabir Purkayastha that rampant corruption and crony capitalism is plaguing power generation and distribution, thereby depriving citizens of affordable and stable supplies of electricity. Dr Sarma argues that this is a classic case of socialisation of losses and privatisation of profits.