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February 23, 2021 Move will kill industrial development, they say The Uttar Pradesh unit of Federation of Chamber Of Commerce of India (FICCI) has written to Chief Minister Yogi Adityanath raising objections against the state government’s introduction of cross-subsidy charges on open access electricity consumers. “Most of our members of FICCI have conveyed their deep concerns regarding cross subsidy charges being imposed on Open Access Consumers vide Electricity Tariff Order for the year 2020-21 from nil to ₹1.56 per unit,” Sharad Jaipuria, Chairman, FICCI UP State Council, has written in the letter. “This steep hike in cross subsidy charges for industrial units during this unprecedented Covid-19 pandemic year 2020, which is still persisting, is highly uncalled for and is not conducive for industrial development as well as for investment-oriented sentiment generated so far by your good offices,” the letter continues.

Uttar pradeshSharad jaipuriaYogi adityanathFederation of chamberIndustrial development satish mahanaConfederation of indian textile industryNational tariffFicci up state councilUttar pradesh power corporationChamber of commerceChief minister yogi adityanathOpen access consumersElectricity tariff orderIndian textile industryCabinet ministerNational tariff policy