#Economy #GovtScheme
✅Revamped Distribution Sector Scheme
🅾️Purpose : reform-based and result-linked scheme to improve the financial sustainability and operational efficiencies of DISCOMs.
🅾️How?- financial assistance for the modernization of distribution infrastructure e.g., Smart Prepaid Meters.
🔰Objectives :
⚜️Reduce AT&C loss by 12-15%
⚜️Reduce financial deficit of DISCOMs to Zero.
⚜️Compulsory installation of smart meters (target of installing 250 million smart meters by 2025)
⚜️Time: 2021-22 to 2025-26
⚜️Nodal Agency: Under Ministry of Power (Rural electrification cooperation and Power finance corporation)
⚜️Eligibility: All state-owned DISCOMs- NOT PRIVATE- please note
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