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| Overdrafts have exposed Qaraa's claim of Zero deficit budget: Rather | | |
Jammu, Jan 19 Claiming that decision to prepone this year's annual budget presented by finance Minister Tariq Hameed Qarrah has trapped Coalition Government on wrong foot, leader of the opposition Ab Rahim Rather said budget formulation is not an easy task and proposals presented by Finance Minister in state assembly do nor lend credence to Coalition Government's claim of having received an approval for 4000 crore plan from Planning Commission, Government of India.
Regretting that 13000 crores have been shown earmarked alone for power sector in the budget, Rather said figures are not reflected in 4000 crore budget and consequently Accountant General has ruled out the possibility of conducting an audit of this year's budget for the same reasons. Alleging that Government has got drained by over drafting, Rather while pointing towards Finance Minister said "you claim to have presented Zero deficit budget, but the overdraft is totaling to Rs 816 crores. Strongly opposing amnesty for tax payers, Rather said the decision will encourage tax defaulters. He also asked to Government to come out with facts and figures of the budget during the current assembly session.
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