New Delhi, 30 Jul: The Congress on July 30 claimed that Finance Minister Nirmala Sitharaman had \u201cpulled a fast one\u201d on NDA allies in Bihar and Andhra Pradesh given that most announcements in the Budget will not see the light of day for a few years.
\nThe move, said Congress general secretary Jairam Ramesh, was \u201ca post-dated cheque on a crashing bank\u201d. In a post on X, he also shared a media report claiming that financial packages for Andhra Pradeshand Bihar will likely cost the Centre Rs. 20,000-30,000 crore.
\n\u201cThe non-biological PM\u2019s Kursi Bachao Budget makes critical promises to two states, Andhra Pradesh and Bihar. Specific projects in Bihar have been allocated Rs.58,900 crores, and in Andhra, Phase I of Polavaram Project alone will cost the Union Government (which is committed to bearing the entire expense of the Irrigation project) ?14,000 crore,\u201d he said.
\n\u201cSeveral other projects have been announced without clear allocations, but the total funding commitments made by the Budget to the two states run into lakhs of crores on paper,\u201d he said.
\nDespite these big commitments, Ramesh said a newspaper reported on July 29 that the financial package for Andhra Pradesh and Bihar may cost the exchequer only about ?20,000-30,000 crore this year.
\n\u201cThe Budget\u2019s expenditure numbers confirm the same. The \u2018Special Assistance under the demand \u2013 Transfers to States\u2019 is Rs.20,000 crore. Even if the whole corpus is allocated only to these two states, that leaves a funding gap of tens of thousands of crores,\u201d he said.
\n\u201cThe Finance Minister has pulled a fast one on NDA allies in Bihar and Andhra Pradesh. (PTI)
\nMost of these grand announcements in the Budget will not see the light of day for a few years, at best. And when the time comes to redeem the funds for these promised projects, this unstable Government will no longer be in power,\u201d Mr. Ramesh claimed.
\n\u201cAs Mahatma Gandhi said of the Cripps Mission in 1942, this is \u2018a post-dated cheque on a crashing bank\u2019,\u201d Mr. Ramesh said. (PTI)<\/p>\n","protected":false},"excerpt":{"rendered":"
New Delhi, 30 Jul: The Congress on July 30 claimed that Finance Minister Nirmala Sitharaman had \u201cpulled a fast one\u201d on NDA allies in Bihar and Andhra Pradesh given that most announcements in the Budget will not see the light of day for a few years. The move, said Congress general secretary Jairam Ramesh, was […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-245396","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national"},"_links":{"self":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/245396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/comments?post=245396"}],"version-history":[{"count":0,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/posts\/245396\/revisions"}],"wp:attachment":[{"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/media?parent=245396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/categories?post=245396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arunachaltimes.in\/index.php\/wp-json\/wp\/v2\/tags?post=245396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}