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: Harish Rao ridicules Nirmala, asks to justify Centres discrimination towards Telangana #IndiaNEWS #News Hyderabad: Ridiculing union Finance Minister Nirmala Sitharaman over her assertion to display

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Posted in: #IndiaNEWS

Harish Rao ridicules Nirmala, asks to justify Centres discrimination towards Telangana #IndiaNEWS #News
Hyderabad: Ridiculing union Finance Minister Nirmala Sitharaman over her assertion to display the photograph of Prime Minister Narendra Modi in schemes funded by the Centre, Finance Minister T Harish Rao demanded her to clarify whether Narendra Modi as the Chief Minister of Gujarat ever displayed the then Prime Minister Manmohan Singhs photo at any ration shop. He wanted her to justify the pressure being exerted by the Centre on the State governments in this regard.
Harish Rao minced no words in a point-by-point rebuttal to the union Ministers allegations, in his statement issued on Sunday. He questioned the Centres partisan attitude towards the Opposition-ruled States ignoring the federal spirit. He reminded that the union government had not only reduced its share in many Central Sponsored Schemes (CSS) forcing the States to increase their contribution, but also abolished several schemes abruptly.
Certain schemes comprising both Centre-State shares are not useful to certain States. But the union government is forcing the States to implement all the schemes causing additional burden on the State exchequer. In schemes like MGNREGS which are useful to Telangana, the Centre is constantly changing the norms and making their implementation difficult, he said. He stated that in the name of CSS, the Centre was only trying to impose itself on the States.
The Finance Minister wondered why the Centre was hesitating the recommendations of the Chief Ministers sub-committee constituted by NITI Aayog where the Centre was advised to reduce the CSS and introduce schemes optional to the States. People of Telangana want to know if your schemes are meant to really benefit the peoples needs or just publicity stunts, he asked.
Harish Rao sought to know to what extent it was justified to the union government to practice different regulations for itself and the States in terms of off-budget borrowings. Despite the Finance Commissions recommendations, he accused the Centre for not reviewing the Fiscal Responsibility and Budget Management (FRBM) Act. While the Centre was obtaining off-budget borrowings to balance its revenue and expenditure as well as meet its fiscal deficit targets, the States were being restricted from doing the same. He reminded that the BJP government at the Centre was the first to obtain off-budget borrowings to provide fertiliser subsidies.
Rao has also rubbished the argument of Nirmala Sitharaman that there was no recession in the country.
He pointed out that the GDP (Gross Domestic Product) growth rate fell from 8. 26 per cent in 2016-17 to 6. 53 per cent in 2018-19 and then to 3. 66 per cent in 2019-20. As the union Finance Minister, she must explain why the rupee value is falling to new lows and prices of essential commodities were skyrocketing.


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