ndsharma's blog

Government debt doubles during BJP regime

Posted on: February 29, 2012

Madhya Pradesh chief minister Shivraj Singh Chauhan’s — and his colleagues’ and bureaucrats‘ — hunger for money has become insatiable. There are scandals galore in the national rural employment guarantee scheme implementation. Roads are in bad shape. Health services have fallen apart. There is massive corruption in the electricity purchase. There is no effective check on infant mortality. The central funds for various schemes are going into the pockets of ruling party politicians and bureaucrats.

Not satisfied with that, the State government has been on a borrowing spree. The debt of the government has almost doubled during the BJP regime. According to the figures given by the government in reply to a question in the Assembly, the debt liability of the State government was Rs 34671.97 crore as on 31-3-2004 (the BJP had formed the government in previous December). It went up to Rs 67197.84 crore at the end of the last financial year. This is nearly 145 per cent increase in the eight years of the BJP rule.

This means that every citizen of the State owes a debt of over Rs 9000, without his/her being beneficiary of it.


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February 2012
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Outright Perilous!

An egoist as the head of the government is bad enough. An egotist is a nuisance as his constant chant of I…, I…., I….. jars on the listeners’ years. But when he loses touch with the reality and starts believing his imaginary achievements to be his real achievements, that’s outright perilous.

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