Union Budget 2017announces another Rs 4,814 crore for Energising Rural Homes

Union Budget 2017announces another Rs 4,814 crore for Energising Rural Homes

 

Confident that India will  achieve 100% rural electrification by 2018, Finance Minister Arun Jaitely has proposed Rs 4,814 crore as part of budget allocation for government’s rural electrification program -under Deen Daya Upadhyayal Gram Jyoti Yojana meant for facilitating power to all rural homes.

“We are well on our way to achieving 100 per cent rural electrification by 1st May, 2018,” Jaitley said in his budget speech in Parliament today.

Significantly, what will pave the way for sustainable and affordable energy for all, the allocations under the Integrated Power Development Scheme (IPDS) and Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) have been increased by over 25% to Rs 10,635 crore in 2017-18 as compared to budget estimate of Rs 8,500 crore for this fiscal.

The revised estimates, however as per the budget document for these two schemes together was Rs 7,874 crore for the current fiscal.

Union Minister for power, RE, coal and mines Piyush Goyal said the government’s push to rural sector and housing for all initiative will stoke demand of power and help improve plant load factor (PLF).

These two schemes together are meant for increasing efficiency of power transmission and distribution. While DUGJY’s objectives include separate agriculture and non-agriculture feeders, strengthen and augment sub-transmission and distribution infrastructure in rural areas and rural electrification, the objectives of IPDS’is 24×7 power supply for consumers, reduction of AT&C losses and providing access to all households.

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