CM meets Finance Min, mull over electricity charges

April 04, 2012 12:00
CM meets Finance Min, mull over electricity charges

The Chief Minister N Kiran Kumar Reddy met the Finance Minister Anam Rama Narayana Reddy on Tuesday in Hyderabad. The finance minister seemed to be much troubled over the ire expressed by the public over the hike in electricity charges. The opposition too wanted to have their pound of flesh on the issue. Most stalwarts of various industrial segments have also expressed their discontent over the issue. These were briefed by the Finance Minister to the CM. The CM is to have expressed that after his return from Delhi today, a meeting would be held with the regulatory commission. Based on the details of the feedback, a decision on the future course of action would be taken.

It may be noted the CM announced the steep hike in electricity charges, a couple of days back and this evoked criticisms from the oppositions. With the Left parties staging protests across the state. The Telugu Desam Party had openly criticized the government’s hike as a burden to the common man. The YSR Congress on the other hand had said that this was a anti people’s policy. Critics feel that the hike would play a vital role in marring the prospects of the ruling party.

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