www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShoppingTendersClassifieds OpinionsTravel Jobs
| Make this your homepage | Archive
Expressindia » Story

Assembly polls looming, no hike in power tariffs

Font Size

Express news service

Posted: Feb 23, 2008 at 0017 hrs IST

New Delhi, February 22 The Delhi Cabinet decided on Thursday to grant subsidy and not hike the power tariff this year as Assembly elections are round the corner. The tariff level will remain the same as 2004-05 for domestic and agricultural consumers.

Chief Minister Sheila Dikshit reiterated the “commitment of her Government to safeguard all interests of the economically weaker sections”. Setting at rest all speculations about hike in power tariff, she said that the government will grant subsidy to freeze power tariff for agricultural and domestic consumers, which would remain at the level of 2004-05.

The government also decided to extend subsidy of Rs 1 per unit to those consumers who consume a monthly 150/200 units in non-peak and peak months respectively. The peak months are May, June, July, August during summer and December and January in winter season. Dikshit along with Power Minister Dr A K Walia were confident that the benefit of this subsidy would mostly percolate down to economically weaker sections and poor families.

Over 10 lakh families will be charged Rs 1 less per unit i.e. Rs 1.20 per unit during six months of the year. This will not only provide relief to those poor families whose consumption is limited but also exhort others to conserve electricity at large by limiting their consumption to remain within eligibility criteria for availing the subsidy. This decision would come into force from April 1 this year.

This is the second time that the government has frozen a hike in power tariff. Last year also a similar grant of subsidy was introduced and there was no increase in tariff due to the municipal polls. This year, the DERC was to introduce the first ever multi-year power tariff system by which the tariff set would be applicable for a minimum of three-five years. The system was to be brought into place to lighten the burden on consumers who would otherwise have to pay a different tariff every year. This has now been stalled till at least next year.

Ads by Google
Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

Hand over fugitives to us: India tells Pak

3 killed, 30 injured in Assam train blast

US warned India 'twice' about sea attack: Report

Beleaguered Deshmukh summoned to Delhi

Voting underway in Mizoram assembly poll

Pakistan, an international migraine: Albright

I didn’t sell my soul for politics, says Bush

More
© 2008 Indian Express Newspapers (Mumbai) Ltd. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map