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Monday, July 13, 2020

Gave every penny to states as per Budget in April, May: FM

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New Delhi, May 24 (IANS) Finance Minister Nirmala Sitharaman said on Saturday that the Centre has devolved all the stipulated money to the states in April and May as per the Union Budget for the financial year 2020-21.

In an interaction with BJP national spokesperson Nalin Kohli, the Finance Minister said that it was wrong to accuse the Centre of not paying attention to the states in the current pandemic situation.

On the criticism by some state governments of lack of attention from the Centre, Sitharaman said: “It”s completely untrue and not acceptable at all.”

“The assumptions made in the Budget are already in a state where we will have to review them. Every assumption made in the Budget (2020-21) is at a stage where unless I review them, they are not going to hold good,” she said.

Sitharaman also said that revenues have come down not just for the states, but also for the Centre, and “notwithstanding these realities, I have devolved in April and May everything that I had to devolve as per the assumptions placed in the Budget of February 2020.”

The Finance Minister noted that the present situation now was “definitely different” from what it was when she presented the Budget.

She also stressed that the Prime Minister has heard from the states and is of the view that the states are in the frontline in the battle against the pandemic.

“During the lockdown period itself, he has had five engagements with the Chief Ministers of different states,” he said.

–IANS

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