Begin typing your search above and press return to search.
Centre Warns States On debts, Parties Allege Political Motive!
By: Tupaki Desk | 20 July 2022 8:59 AM GMT
The ongoing crisis in the Island nation Sri Lanka is a wake-up call for the whole world on how the wrong decisions in the finances can lead to a disaster. The global body International Monetary Fund (IMF) said that over a dozen of nations would reach Sri Lanka's fate given the debt crises in these nations.
Amid the global concerns regarding the big crisis in our neighboring nation Sri Lanka, the Indian government also started looking into the issue. As a big step in this, the Union government held an all-party meeting, and dynamic Minister S. Jaishankar who holds the external affairs portfolio chaired the meeting.
The meeting turned political as the opposition parties are feeling that the union government is showing the Sri Lankan crisis as an excuse to target them. The ruling parties in Andhra Pradesh, Telangana, West Bengal, and Tamil Nadu respectively, YSR Congress, TRS, TMC, and DMK alleged that the Centre is targeting them.
Stressing the Sri Lankan example, the Union Government said that a few states are taking debts at higher levels and warned them. Mostly, the Centre highlighted the debts of two Telugu states Andhra Pradesh and Telangana.
Earlier too, a survey said, a few Indian states are in the middle of a debt-driven crisis and the issue should be addressed at the earliest, or else they will have to meet the fate of Sri Lanka very soon.
Recently, Prime Minister Narendra Modi also targeted a few states indirectly by saying that the freebies culture is increasing and it should be cut shot. If not, we might have to face a big disaster.
Incidentally, Andhra Pradesh and Telangana are carrying out various welfare schemes and the schemes are putting a big burden on the economy of the respective states. While Andhra Pradesh is carrying out its flagship Navaratnalu schemes, Telangana also has a few schemes like Kalyana Lakshmi, Dalit Bandhu, pension schemes, and others.
The comments made by the Union minister for external affairs S. Jaishankar on Andhra Pradesh and Telangana can be seen along similar lines to Prime Minister Narendra Modi's fierce attack on the freebies given by various states.
Though the states taking many debts is problematic, the union government is also taking big loans but there is no account of that. Just the Indian government will have the details of the debts and if the same details are out, then we will know who is taking more debts. Cleverley, the Centre is not revealing the details.
Amid the global concerns regarding the big crisis in our neighboring nation Sri Lanka, the Indian government also started looking into the issue. As a big step in this, the Union government held an all-party meeting, and dynamic Minister S. Jaishankar who holds the external affairs portfolio chaired the meeting.
The meeting turned political as the opposition parties are feeling that the union government is showing the Sri Lankan crisis as an excuse to target them. The ruling parties in Andhra Pradesh, Telangana, West Bengal, and Tamil Nadu respectively, YSR Congress, TRS, TMC, and DMK alleged that the Centre is targeting them.
Stressing the Sri Lankan example, the Union Government said that a few states are taking debts at higher levels and warned them. Mostly, the Centre highlighted the debts of two Telugu states Andhra Pradesh and Telangana.
Earlier too, a survey said, a few Indian states are in the middle of a debt-driven crisis and the issue should be addressed at the earliest, or else they will have to meet the fate of Sri Lanka very soon.
Recently, Prime Minister Narendra Modi also targeted a few states indirectly by saying that the freebies culture is increasing and it should be cut shot. If not, we might have to face a big disaster.
Incidentally, Andhra Pradesh and Telangana are carrying out various welfare schemes and the schemes are putting a big burden on the economy of the respective states. While Andhra Pradesh is carrying out its flagship Navaratnalu schemes, Telangana also has a few schemes like Kalyana Lakshmi, Dalit Bandhu, pension schemes, and others.
The comments made by the Union minister for external affairs S. Jaishankar on Andhra Pradesh and Telangana can be seen along similar lines to Prime Minister Narendra Modi's fierce attack on the freebies given by various states.
Though the states taking many debts is problematic, the union government is also taking big loans but there is no account of that. Just the Indian government will have the details of the debts and if the same details are out, then we will know who is taking more debts. Cleverley, the Centre is not revealing the details.
