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AAP’s poll pledge to halve Delhi power bills may cost Rs 1,600 crore a year - The Economic Times
Giving a 50% subsidy to domestic consumers in the 0-400 units bracket was one of AAP's big pre-poll promises. Experts say this would cost the new government around Rs 1,400-1,600 crore a year.
AAP will have to make provisions in its budget for the huge power subsidy it plans to give consumers. The government
is at present incurring a cost of Rs 260 crore for subsidizing tariffs by around 30% in the first two slabs since August 11 last year, as per the LG's directions.
Giving a 50% subsidy to domestic consumers in the 0-400 units bracket was one of AAP's big pre-poll promises. Experts say this would cost the new government around Rs 1,400-1,600 crore a year.
AAP will have to make provisions in its budget for the huge power subsidy it plans to give consumers. The government
is at present incurring a cost of Rs 260 crore for subsidizing tariffs by around 30% in the first two slabs since August 11 last year, as per the LG's directions.