Himachal Pradesh CM Sukhvinder Singh Sukhu Discusses State’s Financial Woes
Shimla (Himachal Pradesh) [India], August 29: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu spoke about the state’s financial issues during the monsoon session of the Assembly. He mentioned that funds from the Union Government have not been received.
Revenue Deficit Grant Reduction
The Chief Minister explained that the Revenue deficit grant has been reduced from Rs 8,058 crore to Rs 6,258 crore and will further decrease to Rs 3,257 crore by 2025-26.
Pending Funds
He also stated that out of Rs 9,042 crore of PDNA, no amount has been sent by the central government. Additionally, the NPS contribution of around Rs 9,200 crore from the PFRDA has not been received, and GST compensation has stopped since 2022, reducing the state’s funds by Rs 2,500-3,000 crore.
Blame on Previous Government
During a press conference, the Chief Minister blamed the previous BJP state government for the financial issues, stating they had received around Rs 10,000 crore from the revenue deficit grant, which has been reducing since then.
Delay in Salaries and Allowances
On social media platform X, the Chief Minister announced a delay in salaries and allowances of employees, urging public representatives to support this decision for the state’s economic interests.
Doubts Revealed
Himachal Pradesh -: Himachal Pradesh is a state in northern India, known for its beautiful mountains and valleys.
CM -: CM stands for Chief Minister, who is the head of the government in a state in India.
Sukhvinder Singh Sukhu -: Sukhvinder Singh Sukhu is the current Chief Minister of Himachal Pradesh.
Monsoon session -: The monsoon session is a period when the state assembly meets to discuss important issues, usually during the rainy season.
Assembly -: The Assembly is a group of elected representatives who make laws and decisions for the state.
Union Government -: The Union Government is the central government of India, which makes decisions for the whole country.
Revenue deficit grant -: A revenue deficit grant is money given by the central government to a state to help cover its expenses when it doesn’t have enough income.
GST compensation -: GST compensation is money given by the central government to states to make up for any loss in revenue due to the Goods and Services Tax (GST).
BJP -: BJP stands for Bharatiya Janata Party, a major political party in India.
Salaries and allowances -: Salaries and allowances are the money paid to employees for their work and extra benefits they receive.
Public representatives -: Public representatives are people elected by the public to make decisions and laws on their behalf.
