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Tripura CM to meet PM for spl financial package

By The Assam Tribune
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AGARTALA, March 17 - Tripura Chief Minister Biplab Kumar Deb will meet Prime Minister Narendra Modi soon to seek a special package to tide over financial crisis in the State, a Minister said today.

Deb will also meet Union Finance Minister Arun Jaitley with the same proposal, Transport Minister Pranajit Singha Roy told reporters here.

�The State�s financial condition was reviewed in a meeting of the Council of Ministers yesterday. The State is reeling under deep financial crisis. The budget deficit in the current financial year is Rs 1,588.19 crore,� he said.

Finance department officials have been asked to put forward a comprehensive report on the State�s fiscal condition in the next three days and after getting the report, the Chief Minister will leave for Delhi, he said. The State�s revenue generation is poor while fiscal deficit is on the rise. The State�s own revenue is currently able to manage only 12.94 per cent of its expenditure, he said.

He said the Cabinet meeting also laid importance on austerity measures and the State�s own revenue generation. The government would implement all its poll pledges including 7th Pay Commission benefits, higher wages for labourers, social welfare benefits for distressed people. � PTI

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Tripura CM to meet PM for spl financial package

AGARTALA, March 17 - Tripura Chief Minister Biplab Kumar Deb will meet Prime Minister Narendra Modi soon to seek a special package to tide over financial crisis in the State, a Minister said today.

Deb will also meet Union Finance Minister Arun Jaitley with the same proposal, Transport Minister Pranajit Singha Roy told reporters here.

�The State�s financial condition was reviewed in a meeting of the Council of Ministers yesterday. The State is reeling under deep financial crisis. The budget deficit in the current financial year is Rs 1,588.19 crore,� he said.

Finance department officials have been asked to put forward a comprehensive report on the State�s fiscal condition in the next three days and after getting the report, the Chief Minister will leave for Delhi, he said. The State�s revenue generation is poor while fiscal deficit is on the rise. The State�s own revenue is currently able to manage only 12.94 per cent of its expenditure, he said.

He said the Cabinet meeting also laid importance on austerity measures and the State�s own revenue generation. The government would implement all its poll pledges including 7th Pay Commission benefits, higher wages for labourers, social welfare benefits for distressed people. � PTI

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