In a recent development that has sparked concern among residents, the Maharashtra Electricity Regulatory Commission (MERC) has announced an increase in electricity prices. The news comes amidst the ongoing economic challenges faced by the state.
Deputy Chief Minister of Maharashtra, Devendra Fadnavis, addressed the issue in a public statement. He confirmed that the MERC has indeed raised the electricity prices. However, he assured that the commission has structured the increase in such a way that the burden does not fall on small consumers.
“The MERC has increased the electricity prices,” Fadnavis stated. “But it has been formed in a way that its burden does not fall on small consumers.”
The Deputy CM’s statement appears to be an attempt to assuage the concerns of lower-income households and small businesses that are already grappling with the economic impact of the ongoing pandemic.
While the exact details of the new pricing structure are yet to be released, Fadnavis’ statement suggests that the government is taking measures to protect the interests of small consumers. It remains to be seen how this decision will impact the larger industrial and commercial consumers in the state.
As the state continues to navigate through these challenging times, the government’s decisions in the coming weeks will be crucial in determining the economic future of Maharashtra.