DMK seeks white paper on government finances

Published: 18th January 2013 09:24 AM  |   Last Updated: 18th January 2013 09:24 AM   |  A+A-

The Opposition DMK on Thursday demanded that Chief Minister N Rangasamy-led AINRC government release a white paper on the present ‘financial crisis’ faced by the Union Territory.

In a statement, the Convenor of Puducherry DMK, Dr M A S Subramanian, said that diversion of funds from plan schemes to non-plan programmes had been the chief cause for the financial constraints.

He urged Rangasamy to bring out a white paper on department-wise allocation of funds in the budget he presented in the current financial year, the quantum of revenue generated, funds received from centre, loans obtained and the money spent so far, and funds diverted to non-plan sector in the Union Territory.

He said that instead of planning a realistic budget based on the availability of funds, the Chief Minister had gone ahead with a larger plan size, which could not be sustained. Instead of coming out with the reality, he was justifying the need for statehood for implementing the schemes and solution to the present financial crisis.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp