Bihar Chief Minister Nitish Kumar on Friday announced in the assembly that his government will not hike electricity rates and will give a subsidy of Rs 13,114 crores.

"Our cabinet has decided that we will not allow the electricity tariff to increase for the people of Bihar and the tariffs will remain the same as it was last year. For that, we have increased the subsidy from Rs 8,895 crores to Rs 13,114 crores."