NIFTY  8,926.90  0.21%
  SENSEX  28,864.70  0.36%
 CURRENCY  Rs  66.93/$ 70.86/€, 83.36/£
  GOLD  29,218.00  -0.28%
  SILVER  42,708.00  -0.30%
  DAX  11,998.60  0.26%
  FTSE  7,302.25  0.38%
  CAC  4,895.88  0.12%
  HANG SENG  24,202.00  0.99%
  NIKKEI  19,379.90  -0.01%
  Shanghai Composite  3,261.22  0.14%
  DOW JONES  20,743.00  0.58%
  NASDAQ  5,865.95  0.47%
  S&P 500  2,365.38  0.60%
RBI GOVERNOR - Sufficient Flexibility To Move Policy Rate In Either Direction RBI GOVERNOR - Shift In Stance To Help Ensure That Inflation Brought Closer To 4% Aim

‘Subsidy Payments Should Be Done Upfront’

Video:

Play this video

February 4: Pramod Deo, former chairman of CERC, says that a power discom’s licence can be cancelled only on valid grounds. He says that while the government is free to subsidize certain services to consumers, but the law is clear that the subsidy payment has to be made upfront to avoid tariff shock for consumers. The payment of subsidies should not be done by utilities who work on commercial principles, he adds.