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Seeks Support For Power Companies, Other Welfare Schemes

Chief Minister Meets Union Finance Minister
Jaipur, Chief Minister of Rajasthan Smt. Vasundhara Raje has sought central government's additional funds to improve upon the economic status of the power companies of Rajasthan and to support several other public welfare projects including Bhamashah Scheme.
In this regard Smt. Raje held a meeting with the Union Finance Minister Shri Arun Jaitely in New Delhi on Tuesday. The Union Minister of State (Independent Charge) for Energy Piyush Goyal was also present during this. She discussed various issues concerning the power companies in the state in detail and informed that total debit of these companies have crossed Rs. 77,543 crore due to financial mismanagement of the preceding state government.
The CM said that during her previous tenure the T&D losses of electricity were reduced from 41% to 27%, which shot up again during the past government. Also, during past five year, charges collection remained below the national average.
Smt. Raje said that the state government was making all efforts to increase power generation through various projects along with improvement in transmission and distribution to reduce losses and curb thefts of power. "But, the central government's support was immensely required for the power companies to start some ambitious projects and to get rid of the deficit through various reforms," she added.
In this meeting, ahead the Union Budget 2015, the CM apprised the Finance Minister about the fiscal issues of her state, demanded maximum funds for Rajasthan and gave several valuable suggestions.

Meeting To Yield Positive: Shri Goyal
After the meeting, the Union Minister of State for Energy Shri Piyush Goyal said that the efforts of CM Smt. Raje to reform power sector in Rajasthan would yield as per the Prime Minister's resolve to provide 24-hours electricity all over the country. He hoped for the positive outcomes of the CM meetings with himself and the Finance Minister Shri Jaitely.
Shri Goyal noted that severe financial and power sector mismanagement by the previous state government led to the state power companies facing deficit summed-up to Rs 55,000 crore during past five years. It was very unfortunate, he said. During the last financial year as well the power Discoms suffered losses worth Rs. 12,000 to 15,000 crore. He assured that the centre would extend all possible support to the state government in regard to this.
Union Finance Secertary Shri Rajiv Mehrishi, Rajasthan Chief Secretary Shri CS Rajan, Principal Secretary Finance Shri PS Mehra, Energy Secretary Shri Sanjay Malhotra and other senior officials were present in the meeting.