Meghalaya running out of money, CM approaches centre
Shillong: Meghalaya Chief Secretary MS Rao on Wednesday informed that the financial situation is not good and that the shortfall on the share of the central taxes between April and October is Rs 727 crore.
While interacting with media persons, Rao mentioned that Meghalaya is more or less dependent on the share of central taxes since the state's revenue is very less.
He mentioned that the total budget estimates are Rs 3,000 crore for April to October and that the state so far received Rs 2,273 crore.
"This is a big amount for a small state like Meghalaya," said Rao.
He expressed that the situation is beyond the control of the state. "The chief minister has been sending representation to the Government of India to help the State as much as possible despite the constraints. We are hoping that in the last three months of the financial year, the releases of the share of the central taxes would be better," said Rao.
Rao added that the government will not face the problem in paying salaries, even though they may not be able to pay the arrears in full.
