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Association of Power Producers: New discom reform package may be the plan of union budget 2020

Updated : January 15, 2020 04:08 PM IST

Industry body Association of Power Producers (APP) on Wednesday said the new discom reform package by the Narendra Modi government may be the plan of Union Budget 2020.

Recently, reports have surfaced that the government may announce Rs 2.86 trillion electricity distribution scheme aimed at ensuring continuous power supply to all residents.

In an interview to CNBC-TV18, Ashok Khurana, director-general, said that country cannot achieve the target of $5 trillion economy without strong power infrastructure.

According to Khurana, the government reform package completely linked with the actual performance and then the fund flow, "However, the fund flow would stop immediately if the reform process is not being carried as per a predetermined milestone."

"My only request to the government at this stage would be not to have macro-level targets. The targets for each state especially seven laggard states need to be fixed based on the state’s ground realities and necessary arrangements made in case slippages occur," Khurana added.

Khurana said the new scheme talks of monthly audits and regular performance evaluation.
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