30 Jun 2021

Modi Union Cabinet Approves BharatNet Implementation Strategy

Latest reports have been coming in from Union Cabinet which has approved Bharat Net implementation strategy.

According to sources Union Cabinet has approves BharatNet implementation strategy through PPP Model to cover inhabited villages in the country across 16 States. 

Principal Spokesperson of Government of India has said that viability gap funding support of up to Rs 19,041 crores has been approved. 

All remaining States and Union Territories are to be covered under this scheme.

Cabinet has also approves revamped Distribution Sector Scheme;scheme seeks to improve operational efficiencies and financial sustainability of all DISCOMs.

The Power Departments excluding Private Sector DISCOMs by providing conditional financial assistance for strengthening of supply infra according to Government of India.

Scheme outlay of Rs.3,03,758 crore with an estimated GBS from Central Government of Rs.97,631 crore.

According to sources assistance will be based on meeting pre-qualifying criteria as well as upon achievement of basic minimum benchmarks by DISCOM.

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