The Chief Minister, Jagan Mohan Reddy, is imposing an annual burden of Rs 5,500 crore on the people of the State as power charges from this April, observed the TDP national spokesperson, Kommareddy Pattabhiram, here on Tuesday.
Pattabhiram told media persons here that in the 2021-22 financial year, a highly corrupt Mr Jagan has laid a burden of Rs 3,082 cr on the people to overcome the losses that he incurred through power purchase. As if this is not enough, he has issued a gazette notification through the Andhra Pradesh Electricity Regulatory Commission (APERC) to amend the existing legislation to impose an additional financial burden of another Rs 2412 crore on the common man, Pattabhi noted.
This means that the Chief Minister is thursting a total burden of Rs 5,500 cr, i.e Rs 460 cr per month, from this month itself on the people of the State in this fiscal, Pattabhi said. It is highly regrettable that Jagan is purchasing power at high prices, accepting huge commissions, but imposing this burden on the common man, the TDP national spokesperson maintained.
Explaining in detail, Kommareddy Pattabhiram said that as per the Fuel Power Purchase and Cost Adjustment the burden per unit is 50 paise while as per the amendment to APERC Act another 40 paise burden per unit which means a total of 90 paise per unit on the consumer. “This is the reason people are treating Jagan as a burden on them but not as a trustworthy Chief Minister as is being claimed by the ruling party leaders,” Pattabhi remarked.
The announcement of a ceasefire deal in conflict between Hamas and Israel This agreement marks…
Pope Francis injured his arm after suffering his second fall within a month. The incident…
Jair Bolsonaro’s passport remains seized as he faces coup-related charges. His attempt to attend Trump’s…
A group of Russian diplomats infiltrated a private section of UK Parliament during a tour,…
World Chess Champion Gukesh thanked the nation after being conferred with the Khel Ratna award,…
The AICF hosted a grand ceremony in New Delhi to honor chess icons D Gukesh,…