Earlier in this week, Finance Minister Nirmala Sitharaman allocated Rs 3.05 lakh crore package to revamp power distribution companies (discoms) through a restored reform scheme in the Union Budget 2021. "The new revival package will be used as assistance for creating infrastructure creation – including installation of prepaid smart meters, feeder separation, and upgradation," Sitharaman said.

India Today in an exclusive interview spoke to power minister RK Singh on the latest development. "The policy announced in Budget 2021 will provide choices to the consumers, bring competition and eliminate monopoly of discoms. It is a big change," said Union Power Minister RK Singh. For more, watch the full video.