The Telegraph
Saturday , July 27 , 2013
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Budgetary boost for ailing power board

Ranchi, July 26: The state government today tabled in the Assembly a supplementary budget of Rs 796.78 crore for this fiscal.

While the total supplementary funds have been sought for 60-odd government departments and establishments, the biggest gainer is the state energy department, which alone will get Rs 300.18.

The aims is to give impetus to ďailingĒ Jharkhand State Electricity Board (JSEB) to help it pay dues to the Damodar Valley Corporation (DVC). JSEB will be provided Rs 50 crore per month for the next six months.

Sources claimed that JSEB owed a whopping Rs 600 crore to DVC, which supplies electricity to several districts of the power-starved state.

State finance departmentís principal secretary Sukhdeo Singh told The Telegraph the Rs 300.18 crore would be generated through additional resources in the near future.

Another Rs 142.25 crore has been set aside for the rural works department. Sources pointed out that this would be a mere transfer of funds from the rural development department. Earlier, rural development department used to execute the Mukhya Mantri Gram Setu Yojana ó a rural bridge scheme. But the scheme has been handed over to the rural works department. The most of the allocated fund will be used for execution of this project.

In other big allocations, the department of urban development and housing has been allocated Rs 66.6 crore, while the finance department has been granted Rs 149.26 crore.

Presenting the budget, parliamentary affairs minister Rajendra Prasad Singh said several development projects were started during the Presidentís Rule and funds were needed for both the plan and non-plan categories.

The Opposition, however, criticised the move as an uncalled for burden on the state exchequers, given the fact that the state had failed to utilise the funds allocated under the main budget for the 2013-14.

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