Dr.Thomas (Special Correspondent)
RAshokaBJP avare,
Your concern regarding the state’s debt is noted. However, it is essential to highlight that our administration has diligently ensured our debt levels remain compliant with the FRBM Act.
Despite projections suggesting a potential increase in debt to over 1 lakh crore for the upcoming financial year, we remain within the permissible 25% of the state GSDP threshold.
Moreover,our fiscal deficit is strictly maintained below 3% of the GSDP, underscoring our commitment to fiscal responsibility while simultaneously empowering every citizen through our budgetary allocations.
It’s noteworthy that our budget has significantly impacted over 1.5 crore families across the state,with more than 1.22 crore women benefiting from the Gruha Lakshmi initiative.The question isn’t whether we should have taken these steps,but how we could afford not to.
Contrastingly,the Union Government,under the leadership of @narendramodi,has escalated India’s debt burden by over Rs.128.67 lakh crore from 55 lakh crore to 183.67 lakh crore since 2014.
This staggering figure translates to an additional debt of approximately Rs.92,000 per Indian,primarily attributed to policies enacted during this period.
Furthermore,the imposition of GST and heightened excise duties on diesel and petrol have exacerbated the financial strain on the populace.
To illustrate,the excise duty on petrol has more than doubled, surging from Rs.9.21 to Rs.19.9,while diesel has witnessed a rise from Rs.3.45 to Rs.15.8.
It prompts one to question whether the Union Government has managed to empower a proportionate number of families at the national level.
Mr.Ashok,I urge you to engage directly with the citizens. Their testimonials will unequivocally affirm the transformative impact of our guarantees and the positive shifts they have fostered in their lives.Wake up and witness the reality firsthand.