Arun Jaitley set to present Delhi Budget today, power subsidy announced

Arun Jaitley set to present Delhi Budget today, power subsidy announced New Delhi: Union Finance Minister Arun Jaitley will present the Delhi’s budget in parliament today as the city assembly has been kept under suspended animation and the President Rule is in force.

Sources in Delhi government said the power subsidy may be announced in the budget for those whose monthly consumption does not exceed 400 units.

BJP stands committed to reducing the power tariff by 30 percent as and when it comes to power but we cannot leave the people of Delhi in difficulty today. Hence, we have demanded immediate relief in the form of subsidy, Upadhyay said.

In the union budget, Jaitley had allocated Rs 700 crore to Delhi to help overcome the problem of power transmission and water distribution system. Jaitley had proposed Rs 500 crore for reform in the water sector while Rs 200 crore has been set aside for reform in the power sector.

Separately, Delhi government was allocated Rs 349 crore as central assistance for 2014-15, which is a decrease of Rs 682 crore compared to last year’s provision of Rs 1,031 crore. Delhi was given a budgetary outlay of Rs 32,732 crore for 2014-15 in the interim budget presented by the UPA government ahead of the Lok Sabha polls.

Bureau Report

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