New Delhi: Finance Minister Nirmala Sitharaman on Saturday proposed Rs 22, 000 crore for the power and renewable energy sector in Budget 2020-21.
“Rs 22,000 crore to be provided to power and renewable energy sector in 2020-21,” Sitharaman said during the presentation of the Union Budget in the Parliament. She further urged the governments of all States and Union Territories to adopt pre-paid smart meters in a period of three years.
Finance Minister Nirmala Sitharaman: I propose to provide Rs 22000 crores to power and renewable energy sector in 2020-21 pic.twitter.com/Zo0MPVVgqq
— ANI (@ANI) February 1, 2020
“I urge all States and UTs to replace conventional energy meters by pre-paid smart meters in 3 years. This will give consumers the freedom to choose supplier and rate as per their requirements,” Sitharaman said.
Finance Minister Nirmala Sitharaman: Government is fully committed to supporting new UTs of J&K and Ladakh; Allocation of Rs 30,757 crores for 2020-21 for Jammu and Kashmir and Rs 5,958 crores for Ladakh pic.twitter.com/5FPENH1XIO
— ANI (@ANI) February 1, 2020
She further said that further measures to provide relief to DISCOMs will be taken by the government. (ANI)