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No fund crunch, says Gogoi

By Staff Reporter
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GUWAHATI, Dec 4 - Chief Minister Tarun Gogoi today reiterated that the State Government is not experiencing any funds crunch for making regular payments of salaries to its employees.

Reacting to a news item appearing in a section of the media, Gogoi said here today: �There is absolutely no funds crunch for the Government to pay regular salaries to its employees. It is a baseless propaganda being circulated against the Government. The employees need not worry.�

The Chief Minister further said that the development projects will be going on in full swing and the projects already declared will be on track with the people continuing to derive benefits out of them.

He, however, maintained that the withdrawal of the Special Category State Status had a dismal effect on the development of the State as the State Government is finding it difficult to launch new schemes.

�The suspension of North East Industrial and Investment Promotion Policy (NEIIPP) has compounded the situation, as private and institutional investments are drying up in the State thereby serving a severe blow to the development of the State,� Gogoi added.

The Chief Minister asserted that the State Government will continue its fight to press for its demands for the restoration of Special Category State Status and reintroduction of the NEIIPP.

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No fund crunch, says Gogoi

GUWAHATI, Dec 4 - Chief Minister Tarun Gogoi today reiterated that the State Government is not experiencing any funds crunch for making regular payments of salaries to its employees.

Reacting to a news item appearing in a section of the media, Gogoi said here today: �There is absolutely no funds crunch for the Government to pay regular salaries to its employees. It is a baseless propaganda being circulated against the Government. The employees need not worry.�

The Chief Minister further said that the development projects will be going on in full swing and the projects already declared will be on track with the people continuing to derive benefits out of them.

He, however, maintained that the withdrawal of the Special Category State Status had a dismal effect on the development of the State as the State Government is finding it difficult to launch new schemes.

�The suspension of North East Industrial and Investment Promotion Policy (NEIIPP) has compounded the situation, as private and institutional investments are drying up in the State thereby serving a severe blow to the development of the State,� Gogoi added.

The Chief Minister asserted that the State Government will continue its fight to press for its demands for the restoration of Special Category State Status and reintroduction of the NEIIPP.

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