FM talks tough for not achieving target

* Centre fixes Rs 1600 cr revenue target on power for JK * State to install 1 lakh meters this yr

GK NEWS NETWORK

Srinagar, July 9: Minister for Finance, Abdul Rahim Rather today urged for a “massive effort to achieve revenue realization targets proportionate to energy supplied to the consumers.”
 He called upon the engineers and field agencies of PDD to redouble efforts to improve their performance on account of revenue realization adding that any laxity in this regard would not be tolerated.
 Speaking at a high level review meeting conveyed at SKICC here today to take stock of the latest revenue position in PDD Kashmir, the FM said the enhancing revenue on account of energy supplied to the consumers was imperative to stabilize states fragile economy adding that the state at present imports energy worth Rs 2500 crore annually against a meager revenue of about Rs 969 crore only.
 He said Centre has given a revenue target of Rs 1600 crore for the State this year which shall have wide implications over the current year’s annual plan of Rs 6600 approved for the State recently.
 “There should be no excuse in getting electric feed proportionate to energy supplied”, the Rather said adding that the concerned engineers and officers should endeavour hard by increasing monitoring and survelliance to check power theft and pilferage.  He urged for 100 per cent metering of electric connections. Meanwhile, the department plans to install one lakh meters during the current financial year.

Lastupdate on : Sat, 9 Jul 2011 21:30:00 Makkah time
Lastupdate on : Sat, 9 Jul 2011 18:30:00 GMT
Lastupdate on : Sun, 10 Jul 2011 00:00:00 IST



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