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BJP govt's economic policies pushing HP towards bankruptcy: Cong leader

Press Trust of India  |  Shimla 

The economic policies of the BJP government are pushing towards bankruptcy, of Opposition (LoP) said in the state assembly on Monday.

Starting the discussion on the state budget, which was presented in the House on Saturday, Agnihotri said instead of making economic policies to increase the revenue, the government planned to borrow Rs 5,069 in the next financial year, even when there was already a debt of Rs 5,000 in 2018-19.

Defending his government, said borrowing money was a compulsion.

"Your (Congress) government also used to take loans. We are also compelled to borrow money but we have borrowed less than your government," he said.

Agnihotri in turn accused the BJP-led government at the Centre of not providing adequate funds to the erstwhile government.

"The Virbhadra Singh-led government was forced to borrow money as the Centre was not providing adequate funds to it. But now the BJP is in power from the to the Centre. Why is the borrowing money now?" he asked.

"We are scared to think if such economic policies continue, the financial condition of the state will further worsen by the time the tenure of this government ends in 2022," Agnihotri said.

The BJP government's policies are pushing the state towards bankruptcy, he added.

The LoP alleged that Rawat was concentrating more on his district.

The government has failed to generate jobs and the tourism industry, which is a major contributor to the state economy, has also suffered under the BJP-led dispensation, Agnihotri claimed.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 11 2019. 20:40 IST