Meghalaya running out of money, CM approaches centre
Financial situation of Meghalaya state is not good according to Chief SecretaryRepresentational image

Meghalaya running out of money, CM approaches centre

Shortfall on the share of the central taxes between April to October is Rs 726 crore

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.

Financial situation of Meghalaya state is not good according to Chief Secretary
Visiting Meghalaya around Christmas? Keep your IDs ready

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.

For more such stories, follow us on Facebook, Twitter and Instagram. Activate Website Notifications to stay updated.

Related Stories

EastMojo
www.eastmojo.com