Hyderabad: Bhatti discovers mistake with govt for revealing high forecasts
Hyderabad: CLP leader Bhatti Vikramarka Mallu on Tuesday located mistake with the government for revealing high jobs in the non-tax incomes as well as grant-in-aid from the Centre as well as declared that the Budget was not based on price quotes.
Participating in conversation on the Appropriation Bill in the Assembly, he targeted both the State as well as theCentre Targeting the State on excess lendings, Vikramarka claimed the extreme lendings taken by the government is a source of worry. “The lesser the loans it is better for the State. If more loans are taken and if they are not taken for capital expenditure, they would turn into a big burden in future”, he claimed.
He claimed, “the Finance Minister states that 90 per cent loans were spent on capital investment. The fiscal deficit- this year is Rs 52,000 crore and capital expenditure Rs 29,000 crore only. How can this be 90 per cent? This is not new, it has been happening every year. We are expecting non-tax revenue to be very high. During 2021-22 the non-tax revenue was Rs 30,000 crore, but the State got only Rs 6,000 crore.” There is no range for such big earnings. This will certainly aid in raising the budget plan numbers, however targets will certainly not be attained, he included.
The CLP leader claimed the government was revealing grant-in-aid as Rs 41,000 crore. The State had actually obtained an optimum of Rs 15,000 crore, however there is a large space in between the forecasts as well as real numbers. He claimed in addition to Rythu Bandhu, the government must give various other aids to farmers. Farmers must be offered interest-free lendings, as they utilized to obtain earlier.
He declared that the Centre was offering absolutely nothing to Telangana considering that the last 8 years. The Centre offered 157 clinical universities for the whole country, however not a solitary university toTelangana What has the State done, he asked. He examined why the Centre does not offer nationwide job condition to a task. He blasted the Centre for offering public field systems. He prompted the government to give dole to out of work, re-open the Nizam Sugar Factory, as assured in the election statement of belief.