States should adopt direct benefit transfer (DBT) mechanism to provide any subsidy support to power consumers, a top power ministry official said today.
Power Secretary A K Bhalla observed that ideally there should not be any subsidy to power consumers in the country but if states intend to give any support, it should be through the DBT mechanism.
"Ideal situation should be that there are no subsidies," Bhalla said addressing at an Indian Energy Exchange event.
"What we are trying to say in our draft policy..if state governments feel that any set of consumers are to be subsidised, it should be given through direct benefit transfer mechanism."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
