<h1>Cabinet Approves National Electricity Fund, Offering Rs. 8,466 Crore Interest Subsidy for State Power Utilities' Loans.</h1> The Cabinet Committee on Economic Affairs has approved the establishment of the National Electricity Fund (NEF), an interest subsidy scheme, to provide Rs. 8,466 crores in interest subsidies on loans totaling Rs. 25,000 crores for State Power Utilities. This initiative aims to enhance the distribution network and incentivize reforms in the power sector. States are categorized into special and focused groups, with eligibility linked to reform measures. The Government of Madhya Pradesh's request for interest subsidy on loans disbursed by the Rural Electrification Corporation Limited for feeder distribution schemes is ineligible under NEF guidelines, as disbursements began prior to proposal submission.