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BBIA demands roll back of electricity duty | | | Early Times Report Jammu, Sept 20: Bari Brahmana Industries Association (BBIA) has demanded roll back of electricity duty from 15 % to 10 %. According to press release, a meeting of BBIA was held under the chairmanship of Lalit Mahajan President while Tarun Singla, Sr. Vice President, Ajay Langer Vice President, Viraaj Malhotra General Secretary, Rajesh Jain Secretary and Vivek Singhal Treasurer BBIA were also present. During the course of discussions, the members present raised the serious concern in respect of increase of electricity duty from 10% to 15% putting extra burden on the existing Industrial sector as well as on the common people of the State. It is pertinent to mention here that the Industrial sector of Bari Brahmana is paying around Rs. 150 Crores per annum to the Power Development Department with the transmission loss of 5 to 6% which is much lower than the national level and it is unjustified to increase the rate of electricity duty without any valid reason. It is worthwhile to mention here that Industries Department is working on war footing basis to bring new investment in the State on the basis of subsidized power tariff for industrial sector but on the other hand the Power Development Department increase the Electricity Duty form 10 to 15% without any consultation with the Stake Holders of J&K and common people in spite of the fact that in the neighbouring State Himachal Pradesh the Electricity Duty is 5% only and we fear that the prospective investor of Industrial Sector may opt for setting up of their units in Himachal Pradesh, they said. They requested Governor SP Malik to kindly intervene into the matter to roll back the enhancement in the Electricity from 10% to 15%. |
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