CM has Rs 7 cr at his disposal | india | Hindustan Times
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CM has Rs 7 cr at his disposal

MADHYA PRADESH may be ?BIMARU? but its Chief Minister Shivraj Singh Chouhan has under his disposal more than Rs 5.69 lakh per day as discretionary fund following his decision to hike the limit of the fund. The Chief Minister increased the amount of discretionary fund from existing Rs 2 crore to Rs 9 crore in the first Cabinet meeting. This is probably the highest in the entire country. Even the chief ministers of developed states like Tamil Nadu, Karnataka, Maharashtra and New Delhi etc do not having such a hefty amount as discretionary fund. In fact, the chief ministers of the majority of the states have discretionary fund ranging from Rs 2 to 6 crore. What is significant is the fact that he has to use this fund only during the current financial year which means that Shivraj Singh have to utilise the available funds in 123 days, not in 365 days. The new Chief Minister took oath on November 29 and the facility of increased funds is currently available for him till March 31. Assuming that the former chief minister Babulal Gaur had utilised the entire amount of Rs 2 crore, Shivraj Singh still have Rs 7 crore to disburse in the remaining period of the current fiscal. In his maiden Cabinet meeting held on December 6, it was decided to raise the annual limit of discretionary grant by the Chief Minister from Rs 2 crore to Rs 9 crore on the plea of providing financial help to more needy persons. The decision raised many eyebrows in the Government and the bureaucracy as well because the hike was 450 per cent. As this decision evoked sharp reaction from the opposition Congress and even senior leaders within the Bharatiya Janata Party were of the opinion that the hike was unwanted, the State Government is now seriously contemplating to bring the limit of discretionary fund back to Rs 2 crore, said a senior minister. MADHYA PRADESH may be ?BIMARU? but its Chief Minister Shivraj Singh Chouhan has under his disposal more than Rs 5.69 lakh per day as discretionary fund following his decision to hike the limit of the fund.

india Updated: Jan 05, 2006 13:48 IST

MADHYA PRADESH may be ‘BIMARU’ but its Chief Minister Shivraj Singh Chouhan has under his disposal more than Rs 5.69 lakh per day as discretionary fund following his decision to hike the limit of the fund. The Chief Minister increased the amount of discretionary fund from existing Rs 2 crore to Rs 9 crore in the first Cabinet meeting.

This is probably the highest in the entire country. Even the chief ministers of developed states like Tamil Nadu, Karnataka, Maharashtra and New Delhi etc do not having such a hefty amount as discretionary fund. In fact, the chief ministers of the majority of the states have discretionary fund ranging from Rs 2 to 6 crore.

What is significant is the fact that he has to use this fund only during the current financial year which means that Shivraj Singh have to utilise the available funds in 123 days, not in 365 days. The new Chief Minister took oath on November 29 and the facility of increased funds is currently available for him till March 31.

Assuming that the former chief minister Babulal Gaur had utilised the entire amount of Rs 2 crore, Shivraj Singh still have Rs 7 crore to disburse in the remaining period of the current fiscal. In his maiden Cabinet meeting held on December 6, it was decided to raise the annual limit of discretionary grant by the Chief Minister from Rs 2 crore to Rs 9 crore on the plea of providing financial help to more needy persons.

The decision raised many eyebrows in the Government and the bureaucracy as well because the hike was 450 per cent. As this decision evoked sharp reaction from the opposition Congress and even senior leaders within the Bharatiya Janata Party were of the opinion that the hike was unwanted, the State Government is now seriously contemplating to bring the limit of discretionary fund back to Rs 2 crore, said a senior minister.

When contacted, senior officers of the Finance Department said that the decision to raise the amount of discretionary fund is meant for the current year. Talking to Hindustan Times they said that it is up to the State Government whether to continue the increased limit for next year or to revert it to Rs 2 crore.