Captain Amarinder Singh Government has taken a big step to improve the poor financial condition in the Indian state of Punjab. The government has stopped the 200 units of free electricity given to the creamy layer in the scheduled castes, backward classes. It is being speculated whether the next number is of large and medium farmers. If more than 10 acres of medium and large farmers are excluded from the subsidy, the government can save Rs 3907 crore.
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On December 2, 2019, Chief Minister Captain Amarinder Singh had a meeting with the Finance Department. In which it was decided to rationalize the subsidies to bring the financial condition of the state back on track. A plan was also prepared to reduce the expenses of other departments.
In the case of giving 200 units of electricity free of cost to the Scheduled Castes, Backward and Below Poverty Line (BPL), the fact that the creamy layer should be taken out of it and up to one kilowatt, only poor people with load should be provided this facility. In the meeting, it was suggested to stop the electricity subsidy given to large and medium farmers. At present, farmers, SCs and industries are being given electricity subsidy worth a total of Rs 9,674 crore. In this, farmers are getting a subsidy of Rs 6,060 crore, SC, BC community for giving 200 units free and 1623 crore rupees to the industry. There is also a backlog of three thousand crores. That is, the government has to give a subsidy of Rs 12397.71 crore in the current financial year.