Punjab Deputy Chief Minister Sukhbir Badal on Tuesday demanded a white paper on fiscal mess created by Congress-led UPA Government with rupee continuously sliding against the dollar.
“The downtrend in the economy is of great concern to every citizen as investors have already started fleeing the country,” said Sukhbir while talking to media persons after administering oaths to 460 sarpanches and 2740 panches of the district. He said that with country facing rating down grade, the record low of rupee which may touch Rs 65 would have a cascading effect on inflation, further de-accelerating the country’s economic situation.
“The bankrupt Union Government has lost the faith of people and investors and situation has come to such a point that investors are not even ready to subscribe to the share sale of renowned public sector undertakings at record bottom rates,” he added. The Deputy Chief Minister said that with economist Prime Minister on the helm of affairs, the economic deterioration of country reflects total mismatch in the policies and execution of Union Government.
lashing at the Centre for stabbing in the back of aam aadmi and farmers, Sukhbir said that linking of petrol and diesel prices was directly aimed at filling the coffers of multi national oil companies with common man facing the brunt of daily price rise. Rubbishing the propaganda of Punjab Pradesh Congress regarding economic crisis in the state, Sukhbir asked state Congress president Partap Singh Bajwa to “explain fiscal mess created by Manmohan Singh government as that slowdown is even impacting the economic scenario of all states”.
Badal said that state government was aware of shortage of teachers in certain schools and Punjab Government has constituted a Teacher Recruitment Board to fill 21000 vacant posts of teachers in the State. Also announcing Health Insurance for all citizens of the state, Sukhbir said that Punjab would be the first State in the country that has announced this scheme. He also announced free health insurance of Rs 30,000 for 30 lakh atta daal families. “Health Department is tying up with all hospitals to provide cashless treatment to all citizens,” he added. Deputy Chief Minister said that the State Government would soon appoint Chairmen of Boards and Corporations as it was giving final touches to the list.