White paper sought on UT finances

Published: 22nd December 2012 08:40 AM  |   Last Updated: 22nd December 2012 08:40 AM   |  A+A-

The Puducherry unit of AIADMK on Friday demanded a white paper documenting the UT’s finances from the time a separate Public Account was opened in the Reserve Bank of India by the Puducherry Government.

A Anbazhagan, state Secretary of AIADMK and MLA, claimed that opening of a public account with the Reserve Bank had led to this financial crisis. Though a minimum of `200 crore should be in the account as balance, the UT currently had only Rs 175 crore as balance. Chief minister N Rangasamy had appointed chairpersons for nearly 20 boards and corporations that had further worsened the financial crisis.

Taxes to the tune of Rs 1,000 crore were to be collected from distilleries, petrol pumps and towards electricity tariff. Petrol bunk owners alone owed Rs 234 crore as tax. Anbazhagan said Rangasamy was planning to convene the session on December 28 for just one day, as a formality.


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