Manpreet has sold lies in budget, wants to be CM by creating mess: Sukhbir Badal | punjab | Hindustan Times
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Manpreet has sold lies in budget, wants to be CM by creating mess: Sukhbir Badal

“Every logic the finance minister is using to prove his point is fake... He is showing a gloomy picture of finances to the CM, and deliberately creating a mess as he wants to be the CM himself,” said Sukhbir.

punjab Updated: Jun 25, 2017 09:42 IST
HT Correspondent
Shiromani Akali Dal chief Sukhbir Singh Badal.
Shiromani Akali Dal chief Sukhbir Singh Badal.(HT Photo)

Shiromani Akali Dal (SAD) chief Sukhbir Singh Badal on Saturday blasted finance minister Manpreet Singh Badal, his cousin, alleging that his economics is based on “fake and fraudulent financial claims”.

“Even the loan waiver announced by this government is a fraud. It does not give any relief to poor farmers. The FM should also tell whether only cooperative loans are covered under the scheme or also those of nationalised and cooperative banks and commission agents,” he added.

Giving a data presentation to “expose” Manpreet’s claims that the SAD government has left Punjab in a serious financial crisis, Sukhbir said, “Every logic the finance minister is using to prove his point is fake... He is showing a gloomy picture of finances to the CM, and deliberately creating a mess as he wants to be the CM himself.”

Sukhbir, who was deputy chief minister in two terms of the SAD-BJP regime, also shared a copy of the speech given by Manpreet as finance minister in the SAD-BJP government in 2007 and compared it with the budget speech of this year: “Everything is before you. In 2007, he used the same language to curse the preceding Congress government with the charge of leaving behind heavy debt. In this budget, he accused us of that. He is a student of law and is a failed finance minister,.”

He claimed the state is not in a bad situation on financial borrowings. Showing details from the Reserve Bank of India, the SAD chief said, “Punjab is on number 13 as far as loans are concerned, whereas Harayna is at the top.”

Haryana is governed at present by the BJP, though the Akalis had fought the polls against its otherwise-ally in the neighbouring state.

At the press conference, Sukhbir was accompanied by senior BJP leader and MLA Som Prakash.

WHAT ABOUT THE POWER RATES?

Sukhbir further said the finance minister should tell the people of Punjab why no provision was made in the budget presented in the assembly session that ended on Friday for fulfilling the CM’s announcement to give power at Rs 5 per unit to all industries. “As per our estimates, the state needs Rs 2,300 crore to fulfil this promise.”

He also underlined that no provision was made towards giving 25 lakh jobs. He took a jibe at the Congress government’s taxi scheme: “Manpreet seems to be preparing to make all these youth taxi drivers for Ola and Uber companies. Has any margin money been kept in the budget to purchase taxis for the youth?”

MIND THE GAP

Sukhbir, whose party was reduced to the third position behind the newcomer Aam Aadmi Party (AAP) in the state polls, demanded that Manpreet tell Punjabis how he planned to bridge the funding gap of Rs 10,273 crore in the budget.

“This gap exists despite taking all income, including that coming from GST (Goods and Services Tax), into account. Now, if you consider the loan waiver and power to industry at Rs 5 per unit, besides other schemes, the fund gap will increase to nearly Rs 25,000 crore. The FM has mentioned in his budget speech that net borrowing of the state has been fixed at Rs 12,819 crore. How will he come up with the money to fund these schemes?” he asked.

Alleging that Manpreet had “no wish” to implement the budget, he said the Congress had “sold a dream” to the people to “befool” them. “When held accountable by the SAD-BJP combine after coming into power, the Congress has come out with a phoney budget which is not implementable. I challenge Manpreet to answer the questions raised by us and tell Punjabis why he has stabbed them in the back and played politics of brazen lies.”