PORVORIM: If the state government doesn't adopt fiscal discipline then we may be heading towards financial emergency, leader of the opposition Digambar Kamat said in the assembly on Wednesday.
"Mining has shut in the state. In a way, the government is functioning on casino money whether others may agree or not. There is a miscalculation somewhere. If the state has revenue surplus then why is the government borrowing. I am not a financial expert, but from what math I know, my calculations show that Rs 225 crore short has been provided to the House," Kamat said.
He said the government will have to take a stand in the current situation that it will spend only where required and cut down unnecessary expenditure.
"I know the financial position of the state is not good. They will have to take a stand to spend only where required. Yesterday it came to our notice that women's self-help groups which supply mid-day meals to schools were not given payments. Dayanand Social Security Scheme money is given once in two or three months. Elderly persons rely on this money. They keep going to the bank to check if the money has come. Its payment cannot be delayed," Kamat said.
He said that by increasing the cost for the Laadli Laxmi Scheme form, the government was sending out a wrong signal to the public. "For many years, the form for the scheme used to cost only Re 1. Suddenly it has been increased to Rs 100. It sends a wrong message. People are saying that the government is in a grave need of money that it is resorting to such measures. Just imagine how much money it will collect from the forms itself if they charge Rs 100," the leader of the opposition said.
He said that in such a financial crunch, it was a mistake to pay Rs 125 crore as interest to special economic zone (SEZ) promoters.
"You have set a wrong precedent by paying interest in the case of SEZ. This is my strong submission. There is no provision to pay interest as per the IDC act. The act only has provision for payment of principle amount. You have lost Rs 125 crore which could have been better utilised elsewhere," he said.
Mining has shut in the state. In a way, the government is functioning on casino money whether others may agree or not. There is a miscalculation somewhere. If the state has revenue surplus then why is the government borrowing? I am not a financial expert, but from what math I know, my calculations show that Rs 225 crore short has been provided to the House
Mining has shut in the state. In a way, the government is functioning on casino money whether others may agree or not. There is a miscalculation somewhere. If the state has revenue surplus then why is the government borrowing? I am not a financial expert, but from what math I know, my calculations show that Rs 225 crore short has been provided to the House
"Mining has shut in the state. In a way, the government is functioning on casino money whether others may agree or not. There is a miscalculation somewhere. If the state has revenue surplus then why is the government borrowing. I am not a financial expert, but from what math I know, my calculations show that Rs 225 crore short has been provided to the House," Kamat said.
He said the government will have to take a stand in the current situation that it will spend only where required and cut down unnecessary expenditure.
"I know the financial position of the state is not good. They will have to take a stand to spend only where required. Yesterday it came to our notice that women's self-help groups which supply mid-day meals to schools were not given payments. Dayanand Social Security Scheme money is given once in two or three months. Elderly persons rely on this money. They keep going to the bank to check if the money has come. Its payment cannot be delayed," Kamat said.
He said that by increasing the cost for the Laadli Laxmi Scheme form, the government was sending out a wrong signal to the public. "For many years, the form for the scheme used to cost only Re 1. Suddenly it has been increased to Rs 100. It sends a wrong message. People are saying that the government is in a grave need of money that it is resorting to such measures. Just imagine how much money it will collect from the forms itself if they charge Rs 100," the leader of the opposition said.
He said that in such a financial crunch, it was a mistake to pay Rs 125 crore as interest to special economic zone (SEZ) promoters.
"You have set a wrong precedent by paying interest in the case of SEZ. This is my strong submission. There is no provision to pay interest as per the IDC act. The act only has provision for payment of principle amount. You have lost Rs 125 crore which could have been better utilised elsewhere," he said.
Mining has shut in the state. In a way, the government is functioning on casino money whether others may agree or not. There is a miscalculation somewhere. If the state has revenue surplus then why is the government borrowing? I am not a financial expert, but from what math I know, my calculations show that Rs 225 crore short has been provided to the House
Mining has shut in the state. In a way, the government is functioning on casino money whether others may agree or not. There is a miscalculation somewhere. If the state has revenue surplus then why is the government borrowing? I am not a financial expert, but from what math I know, my calculations show that Rs 225 crore short has been provided to the House
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