India said its planning document has recommended the setting up of a national electricity fund to improve the distribution system.
Power Minister Shushil Kumar Shinde said Monday the Planning Commission had intimated that the 11th plan document, approved by the national development council, recommended the setting up of a national electricity fund for supportive measures to bring about major improvement in the distribution system.
"It has been decided that plan panel will explore the option of establishing a national electricity fund to provide soft loans to states to improve their distribution infrastructure," Shinde said while responding to a question in the upper House of Parliament.
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