"The tax of Rs. 50 that was levied on sugar was reduced to 25 cents in a case of crony capitalism. It cost the government about Rs. 4 billion in taxes on sugar alone. From October 13, the total loss is more than Rs. 7 billion," the former state minister of finance said while participating in the budget debate in Parliament on Thursday.
"Did the public benefit at all from the reduction in taxes?" he asked.
"The PUCSL is an independent body established by the Ministry of Power and Energy in 2002 by an Act of Parliament to regulate the process of purchasing electricity.
At the time of the first wave of COVID-19, the public received electricity bills that were four to five times higher than the average price. They were saved from this injustice because of this Commission.
Due to this Commission, it is not possible to increase the price of a unit of electricity arbitrarily.
This means that the PUCSL is an impediment to the electricity mafia and the massive corruption pertaining to the purchase of electricity.
