AGARTALA, March 14 – Terming the Budget proposals for the 2011-12 financial as anti-people and anti-development, opposition leader Ratan Lal Nath criticised Finance Minister Badal Chowdhury for taking the State’s economy to a bleak future.
Initiating the discussion on the proposed budget which was tabled on the floor of the House on March 10, Nath said that the government had proposed to hike budgetary outlay only by two per cent while it had approached the Planning Commission to increase annual plan outlay by 20 per cent for the State.
Out of total 56 government departments, the allocation has been reduced in as many as 28 departments in the budget, he added. “Development will not take place in the coming year as outlay for core sectors like Agriculture, PWD, Health and Family Welfare and Power has been reduced drastically’’, he said.
Hitting hard at the poor handling of economic affairs of the Left Front Government, Nath mentioned that the government will have to pay Rs 967.58 crore for the coming financial year as repayment of loan and interest to the Centre.
He said that the government had taken loan amounting to Rs 845 crore during the last financial year (2010-2011).
“It is almost certain that the development activities will be stalled due to severe financial crisis in spite of that the Centre has been pumping huge amount of money against various flagship programmes like NREGA, PMGSY, Sarba Siksha Abhiyan’’, Nath said.
He said that while the government had taken loan amounting to Rs. 845 core during the last financial year (2010-11), this was only Rs. 850 crore before Manik Sarkar became Chief Minister of the State.
On the allegation against the Centre of being deprived the state from hefty allocation, Nath said that the UPA government has been sanctioning funds as per the requirement of the state. “But the Left Front government has miserably failed to absorb the money in time”, he pointed out. “The Finance Minister has been taking the state towards a position where economy is almost collapsed. He should be removed from the vital portfolio if the government wants to save the state from severe debt trap”, he said
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Initiating the discussion on the proposed budget which was tabled on the floor of the House on March 10, Nath said that the government had proposed to hike budgetary outlay only by two per cent while it had approached the Planning Commission to increase annual plan outlay by 20 per cent for the State.
Out of total 56 government departments, the allocation has been reduced in as many as 28 departments in the budget, he added. “Development will not take place in the coming year as outlay for core sectors like Agriculture, PWD, Health and Family Welfare and Power has been reduced drastically’’, he said.
Hitting hard at the poor handling of economic affairs of the Left Front Government, Nath mentioned that the government will have to pay Rs 967.58 crore for the coming financial year as repayment of loan and interest to the Centre.
He said that the government had taken loan amounting to Rs 845 crore during the last financial year (2010-2011).
“It is almost certain that the development activities will be stalled due to severe financial crisis in spite of that the Centre has been pumping huge amount of money against various flagship programmes like NREGA, PMGSY, Sarba Siksha Abhiyan’’, Nath said.
He said that while the government had taken loan amounting to Rs. 845 core during the last financial year (2010-11), this was only Rs. 850 crore before Manik Sarkar became Chief Minister of the State.
On the allegation against the Centre of being deprived the state from hefty allocation, Nath said that the UPA government has been sanctioning funds as per the requirement of the state. “But the Left Front government has miserably failed to absorb the money in time”, he pointed out. “The Finance Minister has been taking the state towards a position where economy is almost collapsed. He should be removed from the vital portfolio if the government wants to save the state from severe debt trap”, he said
asssamtribune
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