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Home / State News / 2008 / November 2008 / November 16, 2008
BJP demands all party meeting
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Says there is economic crisis in the state

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BJP demands all party meeting

Says there is economic crisis in the state


At a press conference on Sunday, the Bharatiya Janata Party demanded an all-party meeting to discuss the economic crisis facing the State Government. The party legislator G Krishna Reddy said that the State had never faced such a financial crisis. He suggested experts should be asked to analyze the situation and explain the reasons to the people. He charged the State Government on the presentation of Rs.1lakh crore budget without a proper plan to mobilize additional revenues.

With the result, the Government is neglecting education, health, welfare scheme and other sectors as budgetary cuts were imposed. It was spending less than the budget allocation in all areas except publicity where more funds were being expended.

Krishna Reddy charged that the promised amount of Rs.5,000 to each farmer for prompt repayment of loans was not being given. The contractors who were given advances for irrigation projects had not even completed 30 percent of the work. He alleged that the funds released by the Centre were being diverted in total violation of norms.

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