To Overcome Financial Distress, Himachal CM Seeks Rs 3000 Cr

Shimla: With financial distress as a result of 13th Finance Commission recommendations showing, chief minister Prem Kumar Dhumal has sort Prime Ministers Manmohan Singh’s intervention for providing Rs 1500 crore in the current financial year to bridge the gap for meeting committed liabilities of the state.

Besides the amount needed for meeting current years requirements, in a letter to the Prime Minister, Dhumal has asked for additional Rs 1500 crore as special plan assistance for 2011-12 also for meeting financial liabilities.

We have a committed liability of over Rs 2,200 crore on salary and pension arrears for January 1, 2006 to August 31, 2009 due to the implementation of 6th Pay Commission Recommendations for its employees, which have been underestimated by the 13th Finance Commission, says the chief minister.

Unless special plan assistance is not provided the state would be at a loss to conceptualize its Annual Plan for 2011-12, he adds.

Dhumal has urged the Prime Minister that the financial deficit fixed by the 13th Finance Commission for Himachal Pradesh should not compulsorily be insisted upon and state specific grants needed to be released without linking it to the meeting prescribed financial deficit targets.

As Editor, Ravinder Makhaik leads a team of media professionals at Hill Post. Spanning a career of over two decades in mass communication, as a Documentary Filmmaker, TV journalist, Print Media journalist and with Online & Social Media, he brings with him a vast experience. He lives in Shimla.

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