PSPCL ‘bleeding’ as a result of freebies

PSPCL ‘bleeding’ as a result of freebies

Tribune Information Service

Patiala, September 19

Union Energy Minister RK Singh right now stated Punjab State Energy Company Restricted (PSPCL) was “bleeding” by means of “freebies” being provided within the type of energy subsidies to paddy growers and the failure of the federal government to clear the pending subsidy payments of the company.

Addressing industrialists at an occasion hosted by the Patiala Industries Affiliation on points being confronted by the business within the state, the Energy Minister stated in Punjab, the subsidy invoice had touched a whopping

Rs 19,000 crore. “Governments ought to give subsidy, however they need to additionally clear the subsidy from taxpayers’ cash as it’s used for the individuals of the state,” he stated, with out naming the Punjab Authorities.

The minister requested them to submit a memorandum to him relating to their points. “I’ll personally take up these points with the departments involved to get these resolved,” he stated.

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