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Will a pan-India discom recharge the power sector?

The government plans to set up a national electricity distribution company (NEDC) as an equal joint JV between the state-run NTPC Ltd and Power Grid Corp. of India LtdIt will undertake electricity distribution by forming JVs with state-owned discoms and help bridge market and credit risks

2 min read2 Jul 2019

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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