https://www.taxtmi.com/news?id=24987 The central government authorises additional borrowing space for States conditional on implementation of specified power sector reforms and satisfaction of performance benchmarks. Mandatory reforms include state assumption of DISCOM losses, transparent financial reporting, timely accounts and audits, and legal and regulatory compliance. Eligibility is assessed on metering coverage, direct benefit transfer of subsidies, government entities' bill payments, prepaid meters in offices, and adoption of innovations; bonus marks apply for privatization. The Ministry of Power evaluates performance and recommends States for borrowing permission. en-us Fri, 28 Jan 2022 18:34:17 +0530 Fri, 28 Jan 2022 18:34:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24987 The central government authorises additional borrowing space for States conditional on implementation of specified power sector reforms and satisfaction of performance benchmarks. Mandatory reforms include state assumption of DISCOM losses, transparent financial reporting, timely accounts and audits, and legal and regulatory compliance. Eligibility is assessed on metering coverage, direct benefit transfer of subsidies, government entities' bill payments, prepaid meters in offices, and adoption of innovations; bonus marks apply for privatization. The Ministry of Power evaluates performance and recommends States for borrowing permission. News - Fri, 28 Jan 2022 18:34:17 +0530 https://www.taxtmi.com/news?id=24987