Hyderabad, May 19: Telangana Chief Minister K Chandrashekar Rao has hit out at the Narendra Modi-led NDA government over the fiscal stimulus package, accusing it of treating states like "beggars" and imposing "laughable" conditions for increasing borrowing limits under the FRBM Act.
"This is 'pure cheating. Betrayal. Jugglery of numbers. All gas. The Centre has reduced its own prestige," he said while referring to conditions linked to the increased borrowing limits for states under the Fiscal Responsibility and Budget Management (FRBM) Act.
Rao cited international journals that had commented on whether the Union Finance Minister's aim was to revive the GDP or to reach the Rs 20 lakh crore number (the stimulus package announced by Prime Minister Narendra Modi).
"This is a very cruel package. It is fully in a feudal policy and dictatorial attitude. We fully condemn this. This is not what we asked for," Rao, who had supported several measures taken by the Centre so far in the fight against coronavirus, said.
At a time when the finances of states were paralysed due to COVID-19 global pandemic, the state governments wanted funds to reach them so that they can help people in different forms, he said. "When we asked for it, you treat states like beggars, what did the Centre do? Is this the way reforms are implemented in India?" he asked during an interaction with media on Monday after a cabinet meeting.
For example, two per cent increase under the Fiscal Responsibility and Budget Management (FRBM) Act (about Rs 20,000 crore in Telangana) has been given.
But, the conditions put are "laughable" and "very nasty" though the loan was to be fully repaid by the state, he said.
Explaining the situation, Rao said Rs 2,500 crore would be given if reforms were implemented in power sector and Rs 2,500 crore would be allowed if reforms in market committees as suggested by the central government are accepted.
"Is this a package? What is this? This cannot be called a package. Very sorry.. This is not the policy to be followed in a federal system... Then what are the state governments for?" the Telangana Rashtra Samithi supremo asked and said they were also constitutional governments and not subordinates.
The CM said he felt anguished and the way the Centre was wielding control over states was against the spirit of federalism.
"Prime Minister ji said cooperative federalism. This has proved that it is totally hollow and bogus," he added.
The state, however, has already fulfilled certain conditions, he added.
On the occasion, Rao also outlined his government's certain policy guidelines for regulatory farming proposed to be implemented.
On the additional water proposed to be drawn by the neighbouring Andhra Pradesh from Srisailam project, he said there was no question of compromising on the states interests.
Flaying Opposition criticism against his government for allegedly failing to protect the state's interests, Rao said he had sought peaceful co-existence with all the neighbouring states.
Comments
Dear Bhagvatjee,
First of all think deeply, Dont think howmany left now. Think howmuch you lost and loosing continuosly.
We are not aginst Hindus. We are against your so called illogical thinking of Hindutwa.
Why aloways there is fuss. If you want follow whatever you like. Dont talk and imposing on others.
What is Hindutwa Ideology, share it.
The world has still 6billion population outside the India. Go and share your ideas there.
But Very honestly, Islam is spreading without any efforts because of its truth,
(please dont look at Muslims, see what is ISLAM).
Dont worry, no selfish intensions. Only sharing the fact.
Hindu & muslim lived happly when muslim king ruled for 1000 year, that time no hindu thought that he is in danger and still they are the majority people in india, now when hindu ruler moderan FEKU came all hindu thought that they are in danger from only 14% lion..people use people to make his life luxirous in the name of religion, only in india the religion is the issue for all cause.
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