Electricity Amendment Bill anti-people, anti-federal: Kejriwal

Image
IANS New Delhi
Last Updated : Sep 29 2018 | 4:45 PM IST

Calling the proposed amendment to the Electricity Act 2003 'anti-people' and 'anti-federal', Delhi Chief Minister Arvind Kejriwal on Saturday said it would lead to a sharp hike in the electricity bills of the common man.

The bill would lead to huge tariff hikes and will result in complete control of the Centre over the power sector and total exclusion of the states, he told the media here.

"The amendment will benefit selected private players. The power tariffs of small and medium domestic consumers will increase at least two to three times immediately all across India," Kejriwal said.

"Presently, two of the three members of the electricity regulatory commissions are state government's choice. The amendment proposes a six-member selection committee with only one state government nominee, four Central government nominees and one sitting Supreme Court judge," he said.

"In effect, the Central government will decide the constitution of all State Electricity Regulatory Commissions (SERCs)," he said.

The Bill, expected to be passed in the winter session of the Parliament, just a few months before elections, will also increase crony capitalism and monopoly, Kejriwal said.

"The Centre will be able to give benefits to the power companies close to them. The timing of these amendments is suspicious. It is rumoured that these power companies would return favours by providing funds for elections," he said.

Claiming that the Delhi Government has provided the cheapest and uninterrupted power supply, Kejriwal said his government has not hiked tariffs in the last three years.

"The amendments propose phasing out of cross-subsidies. Presently, all across India, higher tariffs are charged from industrial and commercial consumers to subsidise domestic consumers and farmers.

"After this amendment, there will be just one rate of electricity for all consumers irrespective of load, consumption or type of consumer," he said.

"It is proposed to reduce cross-subsidy to 20 per cent immediately and progressively eliminate it within three years. This would lead to a huge increase in tariffs all across the country immediately," he added.

--IANS

nks/mag/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 29 2018 | 4:38 PM IST

Next Story