Power sector in India after Independence

Electricity plays a crucial role in the economy of a country, especially when the economy of a country is in its developing phase like India .In this book, an attempt has been made to investigate the causality between electricity supply and economic growth in India taking data from 1960-61 to 2006-07. In order to find out the causal relationship, Granger causality model has been adopted to find whether there is bi-directional or unidirectional causality running from electricity consumption to e ...