How did Arvind Kejriwal turnaround profit making Delhi Jal Board to Rs 800 crore loss making one?

An RTI query has revealed that in three years of coming to power, Aam Aadmi Party-led Delhi government has turned profit making Delhi Jal Board (DJB) to a Rs. 800 crore loss-making unit. As per reports, when Kejriwal came to power, he had theorised that the DJB should work under no-profit-no-loss basis. He believed that the aim of the board is not to make a profit but to benefit the people. But ever since he took charge of the DJB, it has turned into a loss-making unit.

In response to the RTI filed by RTI activist Sanjeev Jain, in the year 2016-17, the DJB posted the loss of Rs. 533 crore whereas the estimated loss for the year 2017-18 is pegged at Rs. 275 crore. This takes the loss of two years to over Rs. 800 crores. Interestingly, in the year 2013-14, 2014-15 and 2015-16, the board showed no loss. The RTI says that the loss is due to the implementation of 7th Pay Commission. The decision to provide free water may have been a politically wise decision, but financially it does not seem to have done well for the DJB. In a bid to counter the losses, the board had increased tariffs by 20% in December 2017. The increased bill reached the consumers from February onward. Even though the board has the mandate to increase 10% tariff every year, the rates were not increased in last 3 years, which could have added to the loss.

Delhi High Court has also raised questions over the free water provided by Delhi Government. Charge one paisa or 10 paise, but nothing should be given free of cost, the Delhi High Court had said to the Delhi Government.

- Advertisement - - Article resumes -

Two years back, Arvind Kejriwal had said that the board had made a profit of Rs. 178 crore and credited his non-corruption stand on the same. He had credited himself for the profit and said that the money has stopped going to the ministers’ pockets and hence the profit. Interestingly, Kejriwal, who was had not held a single portfolio, took over water portfolio in September 2017 and became the chairperson of the Delhi Jal Board.

Share and Support:
Support OpIndia by paying for content

Most read articles recently

Here is what connects attack on Akshaya Patra, French NGO against Rafale and demonization of Amarnath Yatra

The web of foreign-funded NGOs that demonised the Amarnath Yatra, French NGO that complained against Rafale in France and the demand to remove Akshaya Patra from midday meals contract

Activist opposing Akshaya Patra’s mid-day meal contract thinks ‘Brahmins obstruct India’s development’

The Akshaya Patra has come under criticism recently for not including onion and garlic in its mid-day meals for school children.

Ghaziabad: Stray dog, mother of five puppies, raped and dragged to death by Nafees and Tauseef

Nafees, one of the accused, has reportedly confessed to the crime of raping the animal several times before dragging her through the streets

All you need to know about Congress’ Chhattisgarh CM elect: Bhupesh Baghel, who was once jailed in sex CD case

Congress leader and Chhattisgarh CM elect Bhupesh Baghel is currently out on bail in sleaze video case

Zee News issues defamation notice of Rs 1000 crore to Congress leader Navjot Singh Singh

Sidhu had allegedly threatened the Zee News when he had said “nani yaad dila denge” after Zee News had shown a video ‘Pakistan Zindabad’ slogans were raised at an election rally

#GoBackSonia trends on Twitter ahead of Sonia Gandhi’s Tamil Nadu visit to inaugurate Karunanidhi’s statue

Twitter is abuzz with #GoBackSonia trend as Sonia Gandhi is going to Chennai to inaugurate the statute of DMK founder Karunanidhi.

Mumbai Police teaches a lesson in humility to ‘special’ Sonam Kapoor

Actor Dulquer Salman clarified that he and Sonam were sitting inside a car that was rigged to a truck and hence were not breaking traffic rules.

Pakistan uses Congress leader and ‘liberal’s’ arguments to undermine PM Modi yet again

Aiyar, who is known to make controversial statements, spoke about the 'Rafale scam' and how it has dented Prime Minister Modi's clean image in India. He also claimed there was rampant corruption within the NDA government.

Prashant Bhushan and left-liberal cabal was actively helping Vijay Mallya in UK court by attacking CBI special director Rakesh Asthana

Vijay Mallya's defence team was using Indian left-liberals' allegations agaist Rakesh Asthana in London court

The Prince and his dilemma: A short story

The prince wanted to choose buddy boy Jo, for he was a fellow prince too.

Latest articles

Connect with us

125,751FansLike
98,165FollowersFollow
6,348SubscribersSubscribe

Don't miss these