Central government increases fund allocation for MoP by 8.39 per cent in the Union Budget 2018-19

The central government has allocated funds worth Rs 150.47 billion to the Ministry of Power (MoP) under the Union Budget 2018, an increase of 8.39 per cent compared to Rs 138.81 billion allocated in the previous budget. The allocation to central sector schemes registered an increase of 7.98 per cent from Rs 122.77 billion in 2017-18 to Rs 132.57 billion in the current budget. In addition to the funds allocated to the MoP, around Rs 542.7 billion has been allocated for public enterprises in the power sector, a decline of 13.3 per cent compared to Rs 626 billion allocated in 2017-18.

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