Facebook Pixel Govt may raise allocation for power distribution reforms | Mint Mumbai - newspaper - Lee esta historia en Magzter.com

Intentar ORO - Gratis

Govt may raise allocation for power distribution reforms

Mint Mumbai

|

January 23, 2026

Revamped Distribution Sector Scheme is likely to get ₹18,000 crore in the FY27 budget

- Rituraj Baruah

Govt may raise allocation for power distribution reforms

The government may increase the annual allocation for the Revamped Distribution Sector Scheme (RDSS) to ₹18,000 crore in the FY27 budget, scheduled to be presented on 1 February, according to two people aware of the matter.

The scheme, launched in 2021, aims to transform the power distribution sector in the country by making it more efficient and financially sustainable.

“This year, the power ministry has proposed an allocation of about ₹18,000 crore for RDSS, which is under consideration. Smart meter installation is gaining pace and about 1.5 lakh meters are installed monthly. With this momentum in place, funds need to increase,” said the first of the two persons cited earlier, both of whom spoke on the condition of anonymity.

MÁS HISTORIAS DE Mint Mumbai

Mint Mumbai

An old foe haunts central banks

Nine central banks across developed and emerging economies, including the US Federal Reserve, European Central Bank (ECB), Bank of England, Bank of Japan and Bank Indonesia, will meet this week.

time to read

2 mins

March 16, 2026

Mint Mumbai

Mint Mumbai

Market sentiment remains fragile, but India's long-term play intact

Spikes in crude prices tend to stabilize once disruptions become clearer and strategic reserves or alternative supply routes are activated, according to Anand Shah, chief investment officer-portfolio management services and alternative investment funds at ICICI Prudential Asset Management Co.

time to read

4 mins

March 16, 2026

Mint Mumbai

Mint Mumbai

For China's Xi Jinping, Iran war reinforces view of U.S. as dangerous superpower

President Trump’s use of military force in Venezuela and Iran reinforces a view long held in Beijing: The U.S. will use all means necessary to assert American dominance around the world—a posture that threatens China’s core interests.

time to read

4 mins

March 16, 2026

Mint Mumbai

Iran tests US might with guerrilla assault on global economy

Two weeks in, the war in the Persian Gulf has become an asymmetric contest, pitting the unrivaled conventional military might of the U.S. and Israel against an Iranian government waging a guerrilla fight to block oil shipments and the global economy.

time to read

5 mins

March 16, 2026

Mint Mumbai

India Gen Z to drive $1.3 tn spend by '30

By 2030, Gen Z will comprise 27% of India’s population and will command $1.3 trillion in consumption, reshaping consumer markets with a focus on experiences, sustainability and digital convenience, according to a report by Redseer Strategy Consultants.

time to read

1 min

March 16, 2026

Mint Mumbai

Mint Mumbai

Adani's margin focus may ease cement war with Birla

The fierce expansion race between India's two largest cement makers, which led to industry-wide overcapacity and margin erosion, may finally be cooling, with the Adani Group hinting it will prioritize profitability once its existing plans are completed.

time to read

3 mins

March 16, 2026

Mint Mumbai

Mint Mumbai

Green innovation must drive our next phase of growth

The world is at an inflection point.

time to read

3 mins

March 16, 2026

Mint Mumbai

Mint Mumbai

India must think ahead of its stabilization fund

The government's new fiscal buffer could help cushion households against a near-term war shock but we need a wider policy response to address our longer-range energy vulnerability

time to read

2 mins

March 16, 2026

Mint Mumbai

Investors scramble for cover as Nifty's 52-week low looms

Investors have ramped up purchases of a hedge to protect their portfolios, fearing that the escalating war in West Asia could sink Nifty 50 to its 52-week low this month, even as analysts expect an odd bounce during the correction.

time to read

2 mins

March 16, 2026

Mint Mumbai

India orders quality compliance for aluminium amid soaring imports

India has issued a new quality control order (QCO) for aluminium and aluminium alloy products, mandating compliance with Bureau of Indian Standards (BIS) norms by domestic and overseas firms for a wide range of products used across engineering, packaging, construction and electrical applications.

time to read

2 mins

March 16, 2026

Listen

Translate

Share

-
+

Change font size