Abhishek Anand, Navneeraj Sharma and Arvind Subramanian write: Political economy of discom operations and intensifying populism on freebie-ism at the level of state governments will make reforms harder. A more rational, measured approach should be considered
It must be brought within the ambit of the new tax regime. This will reduce costs, eliminate cross-subsidisation and restore the neutrality of incentives which is essential to good tax policy.
