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No power subsidy from April 1 in Delhi

Discussion in 'Internal Affairs' started by Marqueur, Feb 22, 2014.

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  1. Marqueur

    Marqueur Peaceful Silence ELITE MEMBER

    Nov 29, 2011
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    NEW DELHI: Prepare to pay your full-unsubsidized-electricity bill from April. Subsidy for consumption up to 400 units, announced by the Sheila Dikshit government and later increased by the Arvind Kejriwal government, will cease in the new financial year as there is no provision for it in the interim budget for 2014-15 approved by Parliament on Friday.

    On December 31, 2013, Kejriwal had slashed electricity rates by 50% for consumption up to 400 units. The Congress government had also been subsidizing the first two slabs of 0-200 units and 201-400 units. The Delhi cabinet had approved the subsidy for the January-March quarter and it was to be reviewed as the government had ordered a CAG audit of power companies.

    The state government had also prepared an estimate of Rs 669 crore for power subsidy in the April-September period but, sources said, this did not figure in the 'vote on account' approved by Parliament. "If the subsidy estimate is not in the budget, it cannot be given. This is a call that will have to be taken by the next elected government," said a source.

    Delhi was allocated Rs 18,033 crore for the first 6 months of 2014-15 in a vote on account tabled in Parliament on Friday. Budget estimates of Rs 36,066 crore were approved in the interim budget. The amount includes Rs 17,000 crore for plan expenditure and Rs 19,066 crore for non-plan expenditure. Parliament also gave its nod for grants of Rs 363 crore to pay for the power subsidy till March 31.

    The Delhi Appropriation and Vote on Account Bills were passed by voice vote in both the houses. Parliament's nod for these bills was necessary as the Delhi assembly could not pass the budget for financial year 2014-15 before President's rule was imposed.

    Minister of state for finance, Namo Narain Meena, made it clear that no allocation has been made in the current budget for subsidies announced by the previous government, news agencies reported. "That is not part of this budget," he said in response to a clarification sought by BJP member Ravi Shankar Prasad on the subsidy issue.

    For the financial year 2013-14, Parliament approved a revised Delhi budget of Rs 35,424 crore, as against the budget estimates (BE) of Rs 37,450 crore. The saving was made possible by reduction in non-plan expenditure. The revised non-plan expenditure is 20,274 crore, down from Rs 21,000 crore in the BE.

    No power subsidy from April 1 in Delhi - The Times of India
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  2. Rock n Rolla

    Rock n Rolla Lt. Colonel STAR MEMBER

    Apr 14, 2013
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    Aam aadmi got nicely fooled by Aam Aadmi Party !! :hang2:
    1 person likes this.
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