Previous government in Himachal blamed for financial mess


Posted on 3rd Jan 2015 05:58 pm by ram kishor

Shimla, Jan 1 (IANS) Facing criticism from the main opposition BJP, the Congress government in Himachal Pradesh Thursday said it was ensuring equal and balanced development of the state.

Unlike the previous BJP government, the present government did not discriminate between the legislators and developmental expectations of all areas were being fulfilled by rising above the political considerations, an official statement quoting Urban Development Minister Sudhir Sharma said.

On financial crunch, he said it was the BJP government which could not represent its case properly before the 13th Finance Commission, as a result of which the commission grossly underestimated the committed liability of the state government.

"The state government has inherited a bad legacy with respect to the finances. The BJP government had left the state in a precarious financial condition due to the mismanagement of finances," he said.

Two-time chief minister and leader of opposition Prem Kumar Dhumal has alleged the government has done nothing in the name of development in the two years of its tenure.

"The enhanced pay structure was released by the BJP government just before the assembly elections, causing an annual burden of over Rs.1,000 crore on the government," the minister said.

Sharma said the Finance Commission had recommended an average increase of 126 percent in total devolution to other states compared to 12th Finance Commission award, the increase in case of Himachal Pradesh was only 50 percent, which was the lowest in the country.

"Had Himachal got an equal treatment comparable with overall increase of 126 percent for the country as a whole, it would have received an additional fund transfer of Rs.10,725 Crore between 2010 and 2015."

"The situation has become alarmingly grim during the last two years of the award period of the 13th Finance Commission as the non-plan revenue deficit grant during 2013-14 has declined to Rs.1,313 crore from Rs.1,883 crore in 2012-13 and has reduced to Rs.406 crore in 2014-15," he said.

As on March, 2008, the state had a loan liability of Rs.21,241 crore which has increased to Rs.28,707 crore March 2013. Thus loan liability has increased by Rs.7,466 crore from 2008 to 2013, Sharma said.

In fact, loan amounting to Rs.1,838 crore was converted into guarantee in 2009-10. Thus the actual loan taken from 2008 to 2013 was Rs.9,304 crore, whereas the loan liability increased only by Rs 8,032 crore from 2003 to 2008, he added.

Did you know?Explore Trending and Topic pages for more stories like this.
0 Like 0 Dislike
Previous news Next news
Other news

DMK challenged CAA, saying in Supreme Court – only 6 religions from three countries were included

The Dravida Munnetra Kazhagam (DMK) has challenged the Citizenship Amendment Act in the Supreme C

India-Yemen Ties: Indian representative in UNSC said – We have taken steps for Yemen by giving priority to wheat exports

India's Permanent Representative to the United Nations Ruchira Kamboj on Tuesday highlighted Indi

Afghanistan to win World Cup: New Zealand Robot

Canterbury (New Zealand), Feb 10 (IANS) A robot here has predicted that Afghanistan will win the

CSK vs DC: He cared more about the team's victory than his own century! Gavaskar and Sehwag were effusive in their praise for Samson's selfless innings—what did they say?

If the Chennai Super Kings were to keep their playoff hopes alive this season, a victory against

Separate board to oversee development in Mathura, Vrindavan

Agra, March 18 (IANS) The Uttar Pradesh government has cleared the setting up of Braj Planning

Oppo Reno 8Z 5G: New 5G Smartphone of Oppo Reno series is coming to rock, know secret features

Oppo Reno 8Z 5G Price: Oppo is continuously launching its new smartphones in the market. Oppo Ren

Committee for appointing CIC has no minutes of meeting

New Delhi, March 23 (IANS) Even as the post of chief information commissioner lies vacant for s

A | A- | A+ Himachal CM, governor greet people on New Year

Shimla, Jan 1 (IANS) Himachal Pradesh Chief Minister Virbhadra Singh and Governor Urmila Singh g

Jawan Worldwide Collection: After Gadar 2, 'Jawan' lags behind these two big films, crossing 800 worldwide

Jawan Worldwide Box Office Collection Day 11: The pace of Shah Rukh Khan's 'Jawan' has become lik

Malayalam Actor Suresh Gopi invited to join BJP

Thiruvananthapuram, Jan 22 (IANS) The Kerala unit of the Bharatiya Janata Party (BJP) has exten

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash