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BJP demands fincial emergency in Aruchal

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  7 May 2015 12:00 AM GMT


Itagar, May 6: Waging a war against fincial mismagement in the state, the BJP in Aruchal Pradesh today announced to highlight the misdeeds of the Congress government before the people in a massive public rally slated for May 11 next at I G Park here. Irked over Governor Lt Gen (Retd) Nirbhay Sharma’s meek response to its memorandum submitted on April 27 last demanding imposition of fincial emergency in the state, the opposition party today announced to fight ‘tooth and il’ to provide succor to the people.

“We have demanded the governor to use his constitutiol power in imposing fincial imposition in the state besides putting a halt in the market borrowing ceiling limit and immediate investigation into the fincial mismagement,” party’s Ja Andolan Committee chairman Tame Phassang told reporters at Aruchal Press Club (APC) here.

Pointing out that the state government had overdrawn an amount of 581 crore till March 31 last from RBI in excess of the arrangement agreed upon violating fiscal discipline, Phassang lamented that as a result the RBI on April 22 last had directed SBI to stop payments to Aruchal Pradesh.

“The state is in a real trouble and the only way to bail it out from the crisis is imposition of Article 371 (H),” he said and demanded immediate resigtion of Chief Minister bam Tuki on moral ground.

Challenging the state government to come out clear by ordering probe into the fiscal mess department wise, Phassang alleged that the chief minister by taking undue advantage of his position is hell bent to mortgage the state and taking the people to a ride.

“The congress ruled the state for nearly 40 years but the state still depends on Centre for every single rupee. Despite heavy fund flow from the Centre, the present fincial scerio in the state depicts a different picture,” he said.

He said, the state government at present is having debt service liabilities of Rs 3813 crore from various market borrowing agencies and facing a burden of repayment of Rs 900 crore annually.

Responding to a question why BJP, being the opposition party in the state was not asking the Centre to help out the state to come out of the situation, Phassang categorically said that even if fund is provided, it would be siphoned off to pay the overdraft amount and the situation would remain ultered.

“We will definitely plead the Centre for fund but before that the system need to be rectified and so we are demanding step down of the chief minister,” Phassang said adding, the Centre is ready to help the state which was clearly evident from various package announced for the state recently.

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