MG

Definition : Minimum Guarantee
Category : Governmental » Policies & Programs
Country/Region : India India
Popularity :

What does MG mean?

Minimum Guarantee (MG) was a scheme in the Kerala Electricity Board in which the electric connection is given at the expense of the Board and the consumer guarantees to purchase annually, a quantity of energy, the charges of which shall either be equal to or more than 25% of the capitalized cost of the works done by the Board for giving connection to the consumer. This guarantee was to continue for a period of seven years.

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Frequently Asked Questions (FAQ)

What is the full form of MG in Schemes (India)?

The full form of MG is Minimum Guarantee

What are the full forms of MG in Governmental?

Machine Gun | Major General | Medal for Gallantry | Minimum Guarantee

What is the full form of MG in India?

Minimum Guarantee