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KCR govt failed to utilise Central funds: Congress
Congress Deputy Floor Leader Ponguleti Sudhakar Reddy on Thursday slammed the government for “failing to utilise the Central funds in full.” He demanded that the government establish monitoring mechanism to ensure that the Central government funds are utilised in full.
Hyderabad: Congress Deputy Floor Leader Ponguleti Sudhakar Reddy on Thursday slammed the government for “failing to utilise the Central funds in full.” He demanded that the government establish monitoring mechanism to ensure that the Central government funds are utilised in full.
Initiating debate on budget in Legislative Council, Sudhakar Reddy pointed out that ever since TRS government came to power, it boasted of huge budgets.
He alleged that there was diversion of funds earmarked in the budget. He advised the government to set up State Finance Commission, as suggested by the Centre for Good Governance, to ensure that funds are utilised properly.
He blamed the government for making announcement that Telangana was the revenue surplus State. He told the government that the neighbouring AP State was lobbying the Centre for more funds, while the Telangana State government claimed “revenue surplus” despite fiscal deficit during 2015-16. He said that the total government debt had climbed up to Rs 1.4 lakh.
