Electricity (Amendment) Bill, 2022
From Current Affairs Notes for UPSC » Editorials & In-depths » This topic
Background:
- The Electricity Bill was passed for the 1st time in 2003, under the Prime Ministership of A B Vajpayee.
- Its purpose:
- Consolidation of the various laws on electricity generation, distribution, transmission, trade and use
- Consumer interest protection
- Enable electricity supply throughout India
- Rationalization of tariffs
- Bring in transparency in subsidy policies, etc.
- The 2003 Act resulted in privatization of discoms.
- It was amended in 2007 to introduce provisions for ‘cross subsi
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