And it has to be done in less than 200 days!
Centre meets target of 18,000 villages but household metering remains a challenge
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a five-year-long reform-based result-linked power distribution scheme worth Rs 3.03 lakh crore, for strengthening system of utilities to improve efficiency. Briefing after the CCEA meet here, Power and New & Renewable Energy Minister R K Singh said, "We have done a lot for power distribution reforms. It needs to be strengthened. Today, the Cabinet has approved the new scheme worth Rs 3.03 lakh crore, including Rs 97,000 crore central outlay." He said the funds would be given to power distribution companies (discoms) to strengthen their system.
Hard and unpopular decisions are needed - not just another round of financial repackaging to sort out the discom mess.
Tax incentives to have cascading effect on the capital goods industry.
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
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