MIM floor leader Akbaruddin Owaisi has demanded that the Government constitute State Finance Commission as mandated by the 73rd Amendment to the Constitution to track the finances of local bodies.
Participating in the Budget discussion in the Assembly, Mr. Owaisi said that financial position of the local bodies should be reviewed every five years but so far the commission itself had not been constituted. He said GHMC and HMDA had provide bulk of revenue to the Government but they failed to get finances necessary for city’s development
Mr. Owaisi said the Government had failed to release the promised funds for the last two years to GHMC. In 2014 Rs. 376 crore was promised but only Rs. 259 crores were released and in 2015 only Rs. 58 crore was released while Rs. 378 crore was promised. Similar was the situation in all the municipalities in the State.
Mr. Owaisi feared that the Government was forcing the State into debt raising funds beyond the paying capacity. He also demanded that the Chief Minister take the all-party delegation to the Prime Minister, Narendra Modi, seeking national status to the Kaleshwaram project on the lines of Polavaram project.
The MIM leader also wanted the Government to publish a report on the money deposited in the banks in Telangana after demonetisation and the money supplied by the RBI to the State. “People are facing severe cash shortage and the Government should furnish the information on the reasons for it.”
