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Electricity subsidies increased 32% since FY 2016: Report ​ By IANS | Published on ​ Thu, Dec 17 2020 10:27 IST | ​ 4 Views Electricity. (File Photo: IANS). Image Source: IANS News New Delhi, Dec 17 : Direct tariff electricity subsidies from the state governments have increased 32 per cent since FY 2016, amounting to Rs 1,10,391 crore ($14.96 billion) in FY 2019, an independent report by the Council on Energy, Environment and Water (CEEW) and the International Institute for Sustainable Development (IISD) said on Thursday. The report estimates that cross-subsidies high tariffs for some consumers to cover below-cost tariffs for other consumers were worth at least another Rs 75,027 crore ($10.2 billion) in FY 2019, bringing the national total to at least Rs 185,418 crore ($25.2 billion).

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