Twitter
Advertisement

Pondy to seek grants from Centre

The Puducherry Ministry on Saturday decided to seek grants from the Centre to meet the financial commitments under various heads.

Latest News
article-main
FacebookTwitterWhatsappLinkedin
PUDUCHERRY: The Puducherry Ministry on Saturday decided to seek grants from the Centre to meet the financial commitments under various heads.
   
This was decided at cabinet meeting under the chairmanship of Chief Minister V.Vaithilingam,  which reviewed the territorial government's financial position.
  
After the meeting, Vaithilingam said that the meeting had assessed that as much as Rs 354 crore was needed to meet the expenditure under various heads.
  
There was shortage of funds for the government to meet the expenditure for PWD to provide infrastructural facilities (which alone would come to Rs 230 crores) and also for providing assistance to students joining professional courses in private colleges under government quota and for acquisition of lands for construction of buildings for schools and colleges,he said.
  
Vaithilingam said a detailed and consolidated report on the financial requirements of Puducherry government would be presented to the Union Home and Finance Minstries and all the ministers under his leadership would proceed to Delhi soon to seek Central grants to meet the expenditure.
  
Vaithilingam said the territorial government would implement the recommendations of the Sixth Pay commission to pay the employees enhanced wages as recommended by the Commission (retrospectively from January 2006).
   
He said that as much as Rs 350 crores would be needed to pay the forty percent of the arrears in the first instalment to the staff.Normally seventyfive percent of the financial commitment to pay the arrears would be met by the Centre and the remaining 25 percent would be met by the territorial administration.`We would seek the Central assistance as per this formula` he said.
   
The government had also decided at the cabinet meeting  to construct houses for the tsunamit hit families in the coastal pockets in Kalapet block and as much as Rs 80 crores would be needed for the housing project.
   
The cabinet meeting also decided to withdraw cases filed against a number of persons since 2002 on various occasions of agitations and road rokos.
  
The meeting also decided to waive land tax due from farmers in the tsunami hit areas in the Union Territory in 2004. There would also be waiver of land taxes due from ryots who bore the brunt of floods in 2005.
Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement