India News | Centre, States Must Present Revised Budget Estimates: Chavan
Get latest articles and stories on India at LatestLY. The Centre and states must come up with revised budget estimates on expenditure in view of the coronavirus outbreak and the resultant lockdown which had changed economic conditions, senior Congress leader Prithviraj Chavan said here on Monday.
Aurangabad, Jun 1 (PTI) The Centre and states must come up with revised budget estimates on expenditure in view of the coronavirus outbreak and the resultant lockdown which had changed economic conditions, senior Congress leader Prithviraj Chavan said here on Monday.
Interacting with journalists online, Chavan said states had limited sources of income and a huge part was being used up for paying salaries of government employees.
"The states must look for new sources of income to balance their expenses. Therefore, the Centre and states must present revised estimates of expenditure," Chavan said.
He criticised the Rs 20 lakh crore economic package announced by Prime Minister Narendra Modi and said only Rs 2 lakh would be spent directly from the Central government's treasury.
He also pulled up industry bodies for "keeping quiet" on this package.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)