Gujarat has incurred a loss of Rs3,202 crore in the last three years owing to non allotment of the quota of electricity for the state.
Minister of state for energy & petrochemicals, Saurabh Patel on Monday informed the House during the question hour that Gujarat has incurred a loss of Rs3,202 crore in the last three years owing to non allotment of the quota of electricity for the state and also due to allotment of this state quota to other states.
Patel further informed that in 2006-07 Gujarat was supposed to get 13,631 million units electricity quota from the Centre, but it got only 11,874 million units which led to the state losing Rs583 crore. In 2007-08 Gujarat was supposed to get 14,563 million units electricity but Gujarat got only 13,765 million units. This made the state incur another loss of Rs320 crore. Together the loss escalated to Rs822 crore in 2008-09 as against the expected 17,135 million unit quota, the state got only 15,225 million units. In these three years the state lost Rs1,725 crore.
Patel also said that due to allotment of electricity to Maharashtra & Dadra Nagar Haveli from Gujarat's quota, the state has lost Rs469 crore in 2006-07, Rs515 crore in 2007-08 and Rs493 crore in 2008-09, the total reaching Rs1,477 crore.
The sum total of loss from both the factors combined therefore reached to Rs3,202 crore in the last three years.
Answering another question Patel said that Gujarat has demanded cheap gas allocation for the small and medium-scale industries. He alleged that the Centre is not interested in giving a boost to these industries and gives gas at concessional rates only to large-scale industries. In 2008-09 nine gas-based power plants in the state needed 5295.76 MMSCM quantity of gas against which they got only 2571.19 MMSCM - this means 2724.57 MMSCM less then the actual requirement.
Vat rates are not high in Gujarat: Vala
State finance minister, Vajubhai Vala, told the assembly during the discussion on the state finance department's demands that the Value Added Tax (Vat) rates are not high in Gujarat as compared to other states. He said that the rates are at par with the recommendations of the Empowered Committee of the finance ministers. He said that keeping rates below the recommendations is going against the committee. Gujarat has Vat rates of 1%, 4% and 12.5% like in all other states. For the equal human development and infrastructure development in the state, the government levies 1% more Vat on such goods which has 4% Vat and 2.5% more on such goods which are under 12.5% category. No Vat is levied on exempted items, he said, adding that the state government has also approved Rs47,904 crore of investments for various schemes, while 18,990 units have taken benefits of Rs39,235 crore.
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