<h1>Economic Survey 2015-16: India's Power Sector Reforms Boost Capacity, Address Deficits, Suggests Tariff Simplification for Competitiveness.</h1> The Economic Survey 2015-16 highlights significant reforms in India's power sector under the current government, including record increases in generation capacity and reduced electricity deficits. Initiatives like UDAY aim to improve power distribution, while renewable energy targets have been significantly raised. Despite successes, challenges remain, such as complex tariff schedules and high industrial tariffs affecting competitiveness. The survey suggests simplifying tariffs and increasing progressivity to reduce charges for the poor while boosting revenues. It emphasizes the role of state governments and regulators in achieving a unified electricity market and enhancing cooperative-competitive federalism.