2010 Budget Power Sector Expectations

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Since Independence the Power Sector in India has shown a significant rise. However, with the growth in power demands the Indian power sector is required to produce more electricity to meet the consumer requirements. Over the years, it has been observed that the power generation of India is considerably lower that the premeditated targets set by the government, chiefly due to the lack of availability of fuel.

Indian Power Sector witnessed power deficit in the year 2009-2010 which increased to 12.6% from 11.9% in 2008-09. The power requirement in India for the years 2010-11 and 2011-12 is expected to be 906316GWh and 968659GWh respectively. While on the other hand, the Central Electricity Authority has anticipated peak energy scarcity of 14.98 GW in the FY 2009-10.

To cope up with the energy requirements India is setting mega power projects which would not only elevate power supply but would also increased per capita consumption by 1000 units. Each plant will have a yearly competence of 4 GW and would infuse 12GW extra captive energy into the network.

The 2010 Budget Power Sector Expectations of common man is income tax exemption from the vending of CER (Carbon Emission Rights) credits and for businesses involved in bio-diesel extraction from non edible seeds under clause 80IA of Income Tax Act, regardless of district or region.

Harsh kumar, City:-Chennai, Posted On :-2010-02-02 00:43:07
more employment opportunity.
sukumaran.r, City:-Tamilnadu, Posted On :-2010-02-03 06:44:57
400000 no tax
rc purohit, City:-Karnataka, Posted On :-2010-02-03 20:52:25
more incentives for savings.
V.BAIRAVANATHAN, City:-Chennai, Posted On :-2010-02-06 16:00:05
please wiil gave non-deficiency budget with preferance giving education (all indians same edu) and agriculture (r&d)
baskaran, City:-Coimbatore, Posted On :-2010-02-06 17:50:15
we expect this budget should be favor to agriculture
, City:-Chennai, Posted On :-2010-02-06 20:29:06
Allocating funds to solar energy equipment manufacturing unit to all state of India
Arvind Kumar Mishra, City:-Himanchal Pradesh, Posted On :-2010-02-08 13:54:43
good budget with control on value of price
gururaj, City:-Bangalore, Posted On :-2010-02-09 12:42:07
salaried class tax exemption income upto 5 lac
srikanth, City:-Hyderabad, Posted On :-2010-02-11 21:05:31
india tour
TEJBIR SINGH, City:-Chandigarh, Posted On :-2010-02-11 21:54:08
Minimising import duties on almost all urban utility products e.g cars and accessories,clothings etc
akhtar malik, City:-Allahabad, Posted On :-2010-02-12 10:09:31
budget shoud be socio economical devolopment based
Soumya Debashis Das, City:-Orissa, Posted On :-2010-02-13 13:27:00
, City:-Chandigarh, Posted On :-2010-02-13 23:32:19
Whatever has already been proposed should continue.
Nitesh , City:-Gurgaon, Posted On :-2010-02-14 21:18:04
1. Higher Incoome Tax Slab. 2. Easy Taxation
aneesh, City:-Kerala, Posted On :-2010-02-15 11:32:25
more susudies for farmers and government give more flexibilities to the investors and reduced the price hike especially oil

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