Dark side of Free electricity (Explained
Recently Karnataka Congress declared they’ll give 200 unit free electricity if comes in power. They said they already giving 100 unit free in Rajasthan
This thread will expose the price Rajasthan paying for free electricity
Rajasthan also promised free electricity but started to fulfill this after 4 years when they started to give 50 unit free n this year 100 unit free
But nothing is free
Free electricity means govt have to pay on behalf of consumer
N politicians don’t pay from their pocket
There r only 2 source of revenue for govt
Revenue reciept: tax collection
Capital reciept: loan n selling govt asset
So basically when govt gives u sth free in ur one pocket, they takes u only from ur other pocket
Election freebies r biggest fraud
N same happened in Rajasthan
As Rajasthan govt made 100 unit free to consumes
They increased price for commercial electricity
And now this is seriously affecting industry of Rajasthan
Rajasthan losing compititive edge with neighbour states
Check commercial electricity price in Rajasthan n neighbour states
Delhi’s AAP also did exactly same
Now imagine if Congress do same in Karnataka what will happen?
Karnataka lose compititive edge from Maharashtra, Telangana, TN
Industries will go outside of Karnataka
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And for free electricity Karnataka people will lose jobs
This is one more dark side of free electricity
Govt not paying money to electricity companies that they supposed to pay on behalf of consumers
Electricity companies also need to pay to their vendors
So they r taking loan to pay to vendors
N loan to pay that loan n one day when debt bubble will blast then boom
Same thing that happening pakistan today. Ur kids will pay 2 time cost for free electricity that u r getting today
Voters sud keep these things also in mind.
If a leader ask votes on name of only freebies
That means
He will take Rs 100 from you
Will give back Rs 15 to you as freebies
And put Rs 85 in his pocket
Never vote on Freebies
Check their vision for capital expenditures n social schemes both