Tuesday 23 April 2019
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Satti asks Virbhadra Singh to prove charges of financial mismanagement

Reacting strongly at the Virbhadra Singha allegation of financial mismanagement against BJP led Govt, BJP chief Satpal Singh Satti has asked Virbhadra to prove them. In a statement, Satti said the HPCC chief’s remarks were “baseless, misleading and a bundle of lies based on sheer imaginative figures”.

Satti accused HPCC president Virbhadra Singh of misleading people to gain cheap publicity for the forthcoming assembly poll. He added that was desperate attempt by Virbhadra to create confusion and misunderstanding among people to fulfill his political agenda.

Satpal Singh Satti claimed that the BJP government had proved its immaculate financial management during its regime and it is evident from the fact that cash balances of the state with the RBI remained positive and the state’s financial management was lauded.

He said Virbhadra was quoting imaginative figures since the debt liabilities inherited by the BJP regime from the Congress government was Rs 21,241 crore and not Rs 19,000 crore as quoted by him.

He said it was not true that revenue receipts of the state have come down from 27 per cent of GSDP in 2006-07 to 22 per cent of GSDP in 2011-12. In fact the ratio of total revenue receipts to GSDP was 25.87 per cent in 2006-07 and 24.12 per cent in 2011-12.

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