“Delhi Jal Board Scam: Know how Arvind Kejriwal’s policy of freebies pushed DJB’s debt to Rs 73,000 crore”, Organiser, May 8, 2024:
“Delhi is facing an imminent water crisis, exacerbated by the short-sighted policies of its Chief Minister, Arvind Kejriwal. When Kejriwal took office in 2013, the Delhi Jal Board was burdened with a massive debt of approximately Rs 20,000 crore.
The logical solution to alleviate this financial strain would have been gradually and responsibly increasing water tariffs. However, Kejriwal opted for a populist approach, announcing free water for Delhi residents. While this move may have garnered short-term popularity, it set the stage for a catastrophic financial crisis.
As Kejriwal continued to provide free water, the DJB’s debt burden ballooned exponentially. By neglecting to address the underlying fiscal challenges, Kejriwal pushed the DJB deeper into debt, with the current debt standing at a staggering Rs 73,000 crore……”
Read the full article at Organiser.org
