Budget session begins; Guv presents rosy picture of MP’s fiscal health

  • HT Correspondent, Hindustan Times, Bhopal
  • Updated: Feb 23, 2016 20:27 IST
Governor Ram Naresh Yadav addressing the House on the first day of assembly’s budget session in Bhopal on Tuesday. (Praveen Bajpai/ HT photo)

Governor Ram Naresh Yadav (87) who read out just the first and last para of his address to the MP assembly due to health problems presented a rosy picture of the state’s fiscal health as the assembly’s budget session began on Tuesday.

The Prime Minister Narendra Modi found mention in the governor’s address at least twice.

Unlike his address in 2015 when the Opposition had shown disrespect to him given accusation against him in Vyapam scam they listened to him with rapt attention and showed their respect to him by standing from their seats when he entered the House.

Yadav did not occupy his chair. He read out the first and the last para of his written text and left the House within a few minutes choosing a short route as he was said to be having a difficulty in standing for a long given some knee joint related problem. The speaker Sitasharan Sharma announced the address deemed as read out.

Governor said the government was committed to keeping the promises in Jansankalp-2013 and implementing Vision-2018. “I hope, the government will spare no effort in this direction”, he added.

Referring to the drought situation in the state, he said the farmers and agriculture suffered unprecedented loss. Showing sensitivity towards the farmers, the government deposited Rs 4600 crore directly in the bank accounts of the farmers.

“The state’s fiscal management is satisfactory. For the last 11 years the state is revenue surplus state. The state’s gross domestic product in 2003-04 was Rs 1.02 lakh crore which went up Rs 5.08 lakh crore in 2014-15, a four fold increase”, said the governor.

He said the previous financial year the growth rate in gross domestic product was 10.19%, which was the highest in the country. During the period the planned budget increased by more than ten times while non-planned budget was controlled successfully. Now, 99% of the payments were made through electronic medium.

He said interest payment (on loans) was drastically reduced from 22.44 of revenue receipts in 2003-04 to 7.98% in 2014-15.

Governor said implementation of projects worth Rs 29000 crore was going on at different stages. In the past 2 years the government had given a grant of Rs 27000 crore to farmers.

“The state’s growth rate in agriculture sector in 2014-15 was 20.11 which was highest in the country. As per Prime Minister Narendra Modi’s a goal is set to double the farmers income in the next 5 years”, said the governor.

The governor said a detailed project report for metro rail system for Indore and Bhopal was being made. The first phase was over. Similar project was being undertaken for Jabalpur and Gwalior too.

“The government aims at providing 55 liters of water to every person. Drinking water was made available to 7785 habitats against the target of 7500 this year”, he added.

He said infant mortality rate was reduced by 3 points and child mortality rate by 4 points, highest in the country.

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