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Free power will cost State Rs. 875 crore
B.S. Satish Kumar
BANGALORE: The promise of supplying free power to irrigation pumpsets of farmers will be an expensive affair for the B.S. Yeddyurappa Government as it may have to find an additional subsidy of about Rs. 875 crore a year. This will push up the power subsidy to Rs. 2,575 crore from Rs. 1,700 crore now.
Political circles wonder how the Chief Minister will find money to keep the promise of free power supply to farmers.
There is apprehension that cut in sales and entry taxes on diesel and petrol may put pressure on State’s finances.
It is going to be a tightrope walk for Mr. Yeddyurappa as in addition to these measures, he needs to find money for a slew of promises made during the elections.
There are about 16 lakh irrigation pumpsets in the State.
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