By Special Correspondent
Bhopal: Senior Congress leader Ajay Singh has criticised the State government over its financial management, alleging that nearly one-third of the annual budget remains unspent with just 12 days left in the financial year. He claimed that approximately Rs 1.10 lakh crore, or 33% of the total budget, is yet to be utilised.
Taking a swipe at the administration, Singh remarked that the government had remained inactive for most of the year and was now attempting to hastily exhaust the remaining funds in the final fortnight. He termed this a clear indication of financial mismanagement, wastage of public money, and potential corruption.
Raising concerns about the State’s economic condition, Singh questioned the government’s functioning, stating that while it continues to borrow heavily in the name of development, it has failed to spend allocated funds efficiently. He pointed out that key sectors such as health, public works, agriculture, and renewable energy have recorded only around 60% expenditure.
Singh further alleged that the State’s debt burden is rapidly increasing. He noted that loans worth Rs 9,900 crore had been taken in just the past week, pushing the total debt beyond Rs 5.10 lakh crore. This, he warned, would place a significant financial burden on citizens in the future.
Citing observations by NITI Aayog, Singh said concerns had already been raised over rising borrowings and weak revenue collection. He demanded that the government issue a white paper explaining its financial decisions and the growing debt crisis.
