New Delhi, Feb. 16 -- The Fifteenth Finance Commission on Friday discussed the impact of the power sector reforms on state finances in a meeting with the Ministry of Power.
"The fiscal positions of states have been impacted by exposure to guarantees provided to power utilities and other public sector units, including those in the transport sector," an official statement said.
Power Minister R.K. Singh chaired the meeting along with Finance Commission Chairman N.K. Singh. It was attended by members of the Commission and senior officers of Power Ministry and its Public Sector Undertakings (PSUs).
"The liabilities on account of guarantees provided to power units are quite significant in a number of states," it said. The stakeholders discuss...