Part of: GS Prelims and GS-III – Discoms; Infrastructure
In news
Recently, the Cabinet Committee on Economic Affairs has approved a Reforms-based and Results-linked, Revamped Distribution Sector Scheme worth Rs. 3.03 trillion.
The Centre’s share will be Rs. 97,631 crore.
Aim: To improve the operational efficiencies and financial sustainability of discoms (excluding Private Sector DISCOMs).
About the revamped scheme
It will provide conditional financial assistance to strengthen the supply infrastructure of discoms (power distribution companies).
The financial assistance will be based on meeting pre-qualifying criteria and upon achievement of basic minimum benchmarks.