Budget 2021: Rs 3.1L-cr scheme for discoms aims to correct past flaws
Union Budget 2021 India: The Rs 3.1-lakh-crore scheme announced for the state-run power distribution companies (discoms) by finance minister Nirmala Sitharaman in her Budget speech on Monday is seen to address the core issues of billing-collection inefficiencies and pilferage that cripple the sector. The new scheme is slated to reduce aggregate technical and commercial (AT&C) losses, an indicator of pilferage, after the earlier Ujwal Discom Assurance Yojana (UDAY) programme failed to achieve its target to bring down these losses to 15% by FY19 end. AT&C losses now stand at 26%.
