HURDLES TO CROSS
The promise to implement 7th pay commission recommendations will make it difficult for the state government to maintain fiscal discipline. With an existing loan burden of Rs 65,000 crore, the government will be hard pressed to arrange nearly Rs 5,000 crore to implement the panel recommendations. To add to its woes, there is a slump in revenue generation following a slowdown in the mining business. The government is still unsure about its revenue share following the introduction of Goods and Services Tax. The burden gets more with the Centre slashing funds under several schemes and making it difficult for the government to carry out various projects.
Subhashish Mohanty Of The Telegraph Lists The Challenges That The Naveen Patnaik Government Will Have To Tackle In The New Year
Published 01.01.17, 12:00 AM
Tuesday, 29 April 2025
