New Delhi: The government has dropped four main proposals in the draft Bill to change the electricity law in 2003 which aims for broad reforms to increase transparency, instill accountability and deliver the bipartisan regulatory platform for tariffs and contracts – two responsible for many problems overwrite this sector.
Withdrawal of conditions will be a setback for investors who seek transparency in the implementation of contracts instead of violations of Wanton by the state government due to political wisdom.
This step will also challenge steps to improve discom finance through revisions of timely and reasonable tariffs.
The proposal imposed is: the creation of electricity contract enforcement authority (ECEA) to try a contract dispute, transfer of direct benefits of subsidies (which are opposed by many countries), a single election committee for the appointment of the chairman and member of the state and central tariff regulators, and sub-implementation distribution screening.
The reform power of the Bill withdrawal is one of the demands of farmers who agitate three central agricultural laws.
Facing elections in several states, including politically important, unconditional center revoking agricultural laws last month.
Scapping the main proposal shows a central offer to avoid triggering further confrontation with farmers, which has since called them stir, even on a small problem.
But the ministry doctor power revolves out of their way to show that the proposal is being removed based on the “feedback from stakeholders” with a design for public comments.
Many states, the most famous West Bengal, have opposed these provisions, saying that they oppose the Spirit Federalism and seize state power.