Delhi govt allows discoms to avail loans under Atmanirbhar package

Since the loans would need a state guarantee and Delhi is a Union Territory, it has written to ministry of home affairs to provide state guarantee on behalf of Delhi

The Delhi government has given approval to the three privately owned power distribution companies (discoms) to avail of a special loan scheme for discoms announced under the Atmanirbhar Bharat package announced by the finance ministry.

Since the loan will require state guarantee and Delhi is a Union Territory, it has written to the Ministry of Home Affairs (MHA) to provide state guarantee on behalf of Delhi.

If approved, it will make Delhi discoms the first to apply for this loan. The finance minister, in her 15-point agenda to boost the economy, announced a special liquidity infusion scheme for the ailing