{"id":79925,"date":"2021-02-03T09:29:48","date_gmt":"2021-02-03T03:59:48","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=79925"},"modified":"2021-03-01T13:49:48","modified_gmt":"2021-03-01T08:19:48","slug":"reform-based-and-result-linked-scheme-to-revive-discoms","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/reform-based-and-result-linked-scheme-to-revive-discoms\/","title":{"rendered":"&#8220;Reform-based and result-linked scheme&#8221; to revive discoms"},"content":{"rendered":"<p><strong>Why in News?<br \/>\n<\/strong>The Finance Minister proposed a plan to revive discoms. It will include a reform-based and result-linked scheme for electricity distribution companies(discoms).<\/p>\n<p>The Minister also announced a framework to provide electricity consumers, an option to choose from among more than one distribution company. This will end the monopoly of discoms and promote competition in the power sector.<\/p>\n<p><strong>About the Scheme:<\/strong><\/p>\n<ul>\n<li><strong>Duration: <\/strong>Five Years<\/li>\n<li>At present, discoms are facing a fund&#8217;s crunch. Thus, they are not able to purchase power from production companies. Their total outstanding amount is over \u20b91.35 lakh crore as of December.<\/li>\n<li><strong>Purpose: <\/strong>The scheme will assist discoms in infrastructure creation and financial improvements. It will include providing prepaid smart metering, feeder separation, and upgrading systems<strong>.<\/strong><\/li>\n<\/ul>\n<p><strong>UDAY (Ujjwal DISCOM Assurance Yojana) scheme<\/strong><\/p>\n<ul>\n<li>It was launched in 2015 with the aim of revival of the debt-laden discoms.<\/li>\n<li>Under the scheme, discoms were envisaged to turn around financially within three years from signing agreements.<\/li>\n<\/ul>\n<p><strong>Source: <\/strong><a href=\"https:\/\/epaper.thehindu.com\/Home\/MShareArticle?OrgId=GAU87U9RU.1&amp;imageview=0\"><strong>The Hindu<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why in News? The Finance Minister proposed a plan to revive discoms. It will include a reform-based and result-linked scheme for electricity distribution companies(discoms). The Minister also announced a framework to provide electricity consumers, an option to choose from among more than one distribution company. This will end the monopoly of discoms and promote competition&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/reform-based-and-result-linked-scheme-to-revive-discoms\/\">Continue reading <span class=\"screen-reader-text\">&#8220;Reform-based and result-linked scheme&#8221; to revive discoms<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,9],"tags":[1646,1397],"class_list":["post-79925","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-public","tag-budget_21","tag-eco_9","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704887108},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/79925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=79925"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/79925\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=79925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=79925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=79925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}