The total power subsidy to the industry, farmers, backward classes, scheduled castes, among others, for the year 2018-19 is estimated at Rs 13,718.02 crore.
The Commission, in its order, has asked the Punjab Government, to pay the subsidy for 2018-19 of Rs 13,718.02 crore “in advance in 12 monthly installments of Rs 1,143.17 crore from April 2018 to January 2019, and Rs 1,143.16 crore in February 2019 and March 2019”.
The amount includes Rs 4768.65 crore as the balance subsidy payable for the previous years, while Rs 8,949.37 crore are for the current fiscal including Rs 6256.09 crore for farming sector, and Rs 1440.95 crore for industry among others.
The shortfall of subsidy, to be paid by the government up to 2017-18, include Rs 1603.17 crore as shortfall up to 2015-16 , Rs 1,315.50 crore of 2016-17, and Rs 1,849.98 crore of 2017-18.