The Kerala Assembly on Wednesday saw some lighter moments when Finance Minister Thomas Issac was compared to Ukridge, a fictional character from a P.G. Wodehouse novel.
In a departure from the usual cat calls Issac was compared to Stanley Featherstonehaugh Ukridge, a schemer, who will do anything to increase his capital.
Senior Congress legislator V.D. Sateeshan while moving a leave for adjournment motion to discuss the financial position of the state said Issac was just like Ukridge, and blamed him for mishandling the state's finances.
"It's true that Issac is an economist. But he is a master when it comes to beating around the bush and is like the character of Ukridge, who has fancy ideas and creates his own business models, that do not reach anywhere," said Sateeshan.
The Congress member's statement was greeted with thumping of desks from the opposition benches and laughter all around.
Sateeshan pointed out that the need of the hour is for a white paper on the state's finances as things have reached such a position that social welfare pension has fallen into arrears.
"When GST was being implemented, you were the biggest supporter of it and promised that once done, the woes of Kerala will be addressed.
"You even went to the extent of contradicting your (CPI-M General) Secretary Sitaram Yechury's views on GST.
"And now when it has fallen flat, you say, all the things in GST was done, before you became a part of it.
"You also claimed revenues would increase 25 per cent on account of the stringent norms that you have put in place. Now we see that the state revenues have not been able to have even a normal growth," said Sateeshan.
Issac, an economics professor-turned-Minister said for the past three months there was a ban on treasury payments, but that has been lifted and "things were now perfect".
"This fiscal until now as compared to the previous period, there has been a good increase in the spending on plan and non-plan expenditure.
"We have been able to increase the number of pensioners who now get social welfare pensions. It has gone up from 34 lakhs when your (UDF) government was in power to 42 lakhs since we came to power (in 2016), Issac said.
"Another issue that surfaced was the gap between the revenue and expenditure has widened like never before. But now with a new budget all set to be unveiled (February 2), we are expecting that most of the issues will be resolved," said Issac.
Dissatisfied with Issac's reply, Leader of Opposition Ramesh Chennithala said that there remains total confusion with regard to GST by Issac.
"At times he (Issac) says GST is good and at times he says it has failed. Even as the state is passing through tough financial exigencies, the state government is on an unnecessary spending spree which will leave the state in a very bad position.
"The handling of the finances has been an abject failure," said Chennithala and walked out of the House to protest the disallowing of the debate by Speaker P. Sreeramakrishnan.
--IANS
sg/in/bg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
