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Supreme Court Order Balances Borrowers' Rights but Lenders' Liability and Accountability Remains a Dream - Vimarsana News

Supreme Court Order Balances Borrowers' Rights but Lenders' Liability and Accountability Remains a Dream

When the finance ministry admits in Parliament that banks have written off a stunning Rs10.09 lakh crore in just five financial years (FY17-18 to FY21-22), there cannot be any public sympathy for corporate defaulters.

Electricity rules: More power to the people? What the Centre's landmark discom governance rules mean - Vimarsana News

Electricity rules: More power to the people? What the Centre's landmark discom governance rules mean

Updated Dec 22, 2020 | 10:57 IST Before the notification of the latest rules, consumer rights were covered under the Consumer Charter in the Electricity Act 2003. However, while some states have meaningfully implemented them, others have not. Representational image.  |  Photo Credit: PTI Key Highlights Under the new rules, securing a new electricity connection or modifying an existing one has been made much simpler and more transparent, and can be done so by filing an online application Discoms are required to install a new connection within a maximum period...