Chandigarh
(I Haryana News): All that glisters is not gold; this famous English
phrase became true in Haryana whose per capita income is Rs 109227 and
Rs 309,326 Crores GSDP, when its government Exchequer’s balance touched
zero on Friday.
As
per sources in Haryana Treasury Department that by noon, Friday the
online Treasury system refused to clear government bills as the balance
in the government account reached at minimum lowest level, and system
rejected the request to pass government bill in want of sufficient
funds.
The
Intelligent Haryana News source further disclosed that, no government
bill was passed on Friday, and all treasuries in the state were told to
tell false reason that, the online treasury system went out of order,
keeping in view the reason that next three days are public holiday, and
government would most probably set its financial position before it.
The
BJP leader in Haryana Vidhan Sabha, Mr. Anil Vij has also alleged that
today Haryana Government exchequer became empty, as it has failed to
honor the government bills; this shows the reality of Haryana Financial
Position.
Whereas,
Mr. Om Prakash Chautala, the Leader of Opposition blamed Mr. Bhupinder
Singh Hooda, Chief Minister Haryana for lavishly spending hard earned
public money to fulfill his personal political motives without
application of mind, as he has become announcements making Chief
Minister, who only makes announcements and left remaining in the hands
of bureaucracy ,without knowing the exact position of the state
exchequer.
The
All India Trimool Congress In charge of Northern States, Mr. K D Singh
expressed the fear that the way Congress Government led by Mr. Bhupinder
Singh Hooda encourages corruption at the cost of Public exchequer would
surely empty it.
When
Intelligent Haryana News contacted Haryana Finance Minister, Mr.
Harmohinder Singh Chattha over the phone, he refuted the allegation of
zero balance exchequers on Friday, and told IHN that the state on August
17, 2012 has Rs 720 Crores in its balance.
Further,
Intelligent Haryana News investigations reveals that, the zero balance
Exchequer State despite the cash crunch had decided to purchase new
luxury cars for its ministers as per their choice of Rs 25 lakh each in
the month of July, 2012, whereas they were provided brand new cars just
two years ago.
Haryana
Finance Minister while presenting the state Budget 2012-13 has tabled
the following figures of state revenue collection and total expenditure:
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Budget At A Glance
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As per above mention table, the budget estimates says that Haryana would collect Rs 44708.47
Crore in 2012-13 financial Year, applying Pro-Rata formula ,August is
the fifth month of this financial year and as per budget estimate Rs
1860 crore would be expected revenue by this month against Rs 18883
crores estimated expenditure.
It
is matter of fact that the major part of Rs 1860 crore receipts are tax
revenue which is a continuous, only percentage of receipts changes,
whereas expenditure side it is hard reality in Indian government
financial management that major share of budget are spend in last two quarters of the financial thus supposed that it would not be spend by August 17, 2012.
The
above mention tabular statistics clearly manifests that there is really
something serious in financial management of Haryana, which has sent
its first alert to the state finance administration to take some prompt
action to set the state on track by hard means instead only by showing
statistics of per capita income of Rs 109227 and GSDP of Rs 309,326 Crores.
Source: Intelligent Haryana News
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