TAD NewsDesk, Hyderabad: The Andhra Pradesh government has administered a budget of Rs 9,091.36 crore towards expanding its power subsidy to nearly 40 lakh families.
The initiative will include about 12 lakh SC and ST families, most backward classes, 1250 units for goldsmiths, handloom workers, barbershops and other divisions in addition to agriculture and aquaculture.
The government dedicated Rs 7,297.08 crore towards free power to agriculture and Rs 1,657.56 crore for aquaculture in the state. The initiative is implemented under the infamous Navaratnalu welfare schemes introduced by the Andhra Pradesh government.
“The effective implementation of Navaratnalu welfare schemes in AP Power sector will benefit nearly 40 lakh families”, said Srikant Nagulapalli, State Energy Secretary.
“The state is giving high priority and utmost importance to the implementation of the schemes that will provide the necessary boost to the upliftment of its beneficiaries.
With a special focus laid on the downtrodden, the scheme is providing subsidized power to the agricultural and aquacultural consumers in the state. The subsidy will be borne by the State Government of Andhra Pradesh as stated during the filings with the AP Electricity Regulatory Committee (APERC).
Source- Businessline
