Bihar will pitch for increase in budget allocation of centrally-sponsored schemes, uniform powerpurchase tariff for all states and commencement of financial year from January 1 among several other provisions for being included in the upcoming Union budget for the fiscal 2018-19.
Deputy CM and finance minister Sushil Kumar Modi (SuMo) will put forth such demands in a pre-budget meeting of state finance ministers convened by Union finance minister Arun Jaitley at Delhi on Thursday.
“Uniform power purchase tariff for all states or ‘one nation-one tariff’ will be highly beneficial for states like Bihar. We have to pay more for purchasing power from power generation companies like NTPC, leading to extra financial burden in providing smooth electric supply to people in the state,” SuMo told TOI over phone from Delhi. Read More…
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