Nirmala Sitharaman India county Union pandemic Government Coronavirus Nirmala Sitharaman India county Union

Union territories power discoms to be privatised: Nirmala Sitharaman

Reading now: 739
www.livemint.com

'It will lead to better services to consumers and improvement in operational and financial efficiency in distribution,' FM Nirmala Sitharaman said India will privatize electricity distribution companies (discoms) in all its eight union territories, said finance minister Nirmala Sitharaman on Saturday.

The announcement was made as part of the fourth tranche of the Rs20 trillion stimulus package to fight the economic adversity due to the coronavirus pandemic. “It will lead to better services to consumers and improvement in operational and financial efficiency in distribution," Sitharaman said.

Unlike discoms in states governed by the respective state governments, those in Union territories are directly administered by the central government.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA