Indian capital's new chief minister halves power costs
NEW DELHI , India (AFP) - As a new year's gift to the Indian capital, its new chief minister announced Tuesday the government will slash power costs by half, fulfilling another top campaign pledge a day after he promised a free supply of water.
The Aam Aadmi ("common man") Party chief minister, Mr Arvind Kejriwal, who missed his first day in the office on Monday due to an upset stomach, chaired a Cabinet meeting on Tuesday to announce electricity rates would be halved starting Jan 1, 2014 till March 31, 2014.
"The subsidy will apply to those consuming less than 400 units of power and help 280,000 consumers in Delhi," Mr Kejriwal told a late Tuesday press conference.
Mr Kejriwal has asked the national auditor to review alleged financial irregularities by private power distribution companies by March end, after which the Cabinet would take a fresh call on the power rates.