The Delhi government Tuesday announced a subsidy of 50 percent in power tariff. The following are the salient points of this subsidy:

 

Subsidy to the extent of 50 percent would be provided to domestic electricity consumers who consume up to 400 units per unit.

 

 A total of 28 lakh consumers or nearly 82 percent of consumers to benefit from the subsidy.

 

The subsidy will be available from Jan 1.

 

For up to 200 units, the cost of one unit would be Rs.1.95 against the actual rate of Rs.2.90. Currently, consumers are paying Rs.2.70 after the previous government introduced a subsidy.

 

For up to 400 units, the cost per unit would be Rs.2.90 against the actual rate of Rs.5.80. Currently, consumers are paying Rs.5 after the previous government introduced subsidy.

 

 No subsidy will be available to domestic consumers who cross the consumption limit of 400 units.

 

 Additional requirement to provide this subsidy from January-March 2014 will be Rs.2 billion.