Views on Budget 2019: RK Singh, Union Minister of State for Power and New and Renewable Energy

India’s electrification success found a special mention in Finance Minster’s Budget speech. The Finance Minister said, “Till the year 2014, about 2.5 crore families were forced to live the life of 18th centuary without electricity. Under ‘Saubhagya Yojna’, we provided free electricity connection to almost every household. By March, 2019, all willing families will get electricity connection.”

Appreciating the Union Budget 2019, RK Singh, Union Minister of State (IC) for Power and New & Renewable Energy said  “Interim Budget 2019-20 is historic, it’s people friendly and forward looking. It provides assistance to all sectors which need assistance at the same time maintaining fiscal prudence,”

He expressed hope that the Budget would be able to bring smile to every face.

The Finance Minister thanked the taxpayers saying, “Your tax pays for the electricity connections to the poor who lived in darkness for generations”.

Commenting on UJALA scheme, finance minister said that 143 crore LED bulbs have been sold with the combined efforts of the Government and private sector and this has resulted into a savings of approximately Rs. 50,000 crore per year in electricity bills of poor and middle class families.