Power subsidy News

As per the order, the special audit will be carried out by a CAG-empanelled external auditor to make sure that subsidies reach the targeted beneficiaries in a transparent and efficient way.

The Delhi Cabinet had earlier approved the extension of power subsidy for the year 2023-24, but the file was pending in the L-G's office, the AAP said.

The action followed after a complaint received by the LG Secretariat raised issues of "impropriety and discrepancies" in the power subsidy scheme of the Arvind Kejriwal government in Delhi.

Punjab govt has ruled out rolling back the decision to provide power to the industry at the subsidised rate of Rs 5 per unit.

Delhi Chief Minister Arvind Kejriwal on Sunday said those living in rented houses will also get free water and subsidised electricity if the AAP comes to power in the civic corporations.

The general discussion and voting on the Budget for the National Capital Territory of Delhi is scheduled for Wednesday.

Proposing no new taxes in the Budget for Delhi, Union Finance Minister Arun Jaitley on Friday announced subsidy of Rs 0.80 to Rs 1.20 per unit to small power consumers.

The government has proposed per unit power subsidy of Rs 1.20 and Rs 0.80 for consumption of electricity between 0 to 200 units and between 200 and 400 units respectively.

The government can cut down its subsidy bill by up to 1 percent of the GDP without causing much pain to people, Principal Economic Adviser, Ministry of Finance, Ila Patnaik said today.