Himachal Cabinet clears new hydel power project polcy

Himachal Pradesh has come-out with an innovative policy to offer direct cash transfers to the project affected families,and a slew of other benefits to create their economic stakes in the projects. The cash benefits will be for lifetime of the project after it starts generating power.

The cash transfers to each family, with an additional 15 per cent incentive to the Below Poverty Line (BPL) families will be done from the sale of one per cent of free power, in addition to the 12 per cent free power accruing to the state from the hydro-power projects.

The state govt gave its nod to revised guidelines regarding Local Area Development Fund (LADF) in relation to hydro power projects