Daijiworld Media Network – New Delhi

New Delhi, Oct 31: In a major reform initiative, the Central government is planning a bailout package worth over Rs 1 trillion ($12 billion) for debt-laden state-run electricity distribution companies (discoms). The move aims to push states towards privatising their utilities or listing them on stock exchanges to improve efficiency and accountability.

According to officials, the Ministry of Power, in coordination with the Ministry of Finance, is finalising the plan, which is likely to be announced in the Union Budget in February 2026. The proposal marks one of the Modi government’s most ambitious reform drives to overhaul India’s struggling power distribution sector.

Under the scheme, states seeking bailout funds must either transfer managerial cont

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