The PDP-BJP government had created a structural liability of Rs 8,000 crore in the last financial year, making the task enormously difficult for the 2016-17 Budget. In the Budget presented by then Finance Minister Haseeb Drabu on March 22 last year, Rs 4,336 crore was marked under unfunded or additional resources required by using the additional line ‘to be financed through prepositioning of 14th Finance Commission grants’, which was not done during the tenure of the PDP-BJP government and was technically impossible as per financial experts. The Finance Department not…
Read MoreState under Rs 8,000 crore burden ahead of Budget
