Nirmala Sitharaman in States Handing Out Gifts – The New Indian Express

By PTI

BENGALURU: Union Finance Minister Nirmala Sitharaman on Saturday urged gift giving states to check the fiscal strength of the state government and make budgetary provisions accordingly.

Days after Prime Minister Narendra Modi’s ‘rewaris’ jibe, apparently referring to freebies given by some state governments, particularly the Aam Aadmi Party waiver in Delhi and Punjab, Sitharaman said it was good that the debate has started.

“You can promise something. Let’s say when I say you — the state government or a government — you promise something, say I’m going to give you something for free. It could be electricity, it could be anything else. And I’m not saying you shouldn’t.”

“Do it but make sure you understand your state’s financial level, your state’s fiscal strength and having promised it in the election, you won, you come back, make sure you fill it out because you gave a word and how, making sure your budget will have a provision for it,” Sitharaman said during an interactive program organized by the BJP Economic Cell here.

“I think it bodes well that the Prime Minister has mentioned freebies and their impact on the economy. And now there’s a lot of interest in the subject and discussions are starting but real good debate and building arguments are so necessary because any diversion from the fundamental principle that we need to understand, or any attempt to undermine or dilute this debate would be doing this country a disservice because we all know that governments have responsibilities,” said she said when answering a question about the financial burden of gifts on the state.

The FM said governments indeed have a responsibility to ensure that a good education reaches all of its citizens, especially the poorest sections of society.

Also, basic health care is taken care of, Sitharaman said, adding that when the poor are involved, “high-end medical assistance involving experts is needed, the poor should be able to access it.”

READ ALSO | Spending on health, education, welfare schemes, not freebies: TN CM Staline

In this regard, she said, various committees appointed since independence have always insisted that at least six percent of the gross domestic product should be spent on health, education and other basic needs. .

Sitharaman said that no government till today has denied its responsibility for education or allowed only private education to take on this task.

She added that the private sector was allowed to participate in taking over education responsibilities, but no government from independence to date has ever said that it was not necessary to spend on education.

On the contrary, the Center and the States have participated in the process through Jawahar Navodaya Vidyalaya, Sarva Shiksha Abhiyan, Tribal Welfare Schools, Boarding Schools to provide good quality education to all, Sitharaman pointed out.

“So if any attempt is made to say that education is now treated as a gift, sorry. This is an irresponsible and misguided statement. So is health. partially successful, others more successful reaching out, n never shied away from taking responsibility for education or health,” Sitharaman said.

Sitharaman said she wouldn’t give a list of what’s free and what isn’t, and preferred to leave it up to people to decide.

She, however, cited how free electricity could weigh on power generation companies and distribution companies if the financial health of the state is not taken into account.

“You promised them up to 300 units or whatever 300 units of free electricity. So that you know how many people should get it, you make provision for that in your budget,” he said. she declared.

READ ALSO | Congress joins Gujarat ‘freebie club’, promises farm loan waiver and free electricity

“Do you have enough fiscal strength. Do you generate enough income to be able to do all of this and take care of your committed obligations like salary, pension and do your usual work – get water, give roads, you ensure that your state has schools, colleges, education, hospitals,” she added.

Regarding cryptocurrency, she said the government had already warned earlier saying, “Please caution is the word.

So I think we’ll all have to share our thoughts and proceed with a bit of caution on this.

There is a huge possibility when we talk about technology, but how, where and what trajectory it takes is something that we will all have to worry about and monitor, ”she said.

To a question about inflation, Sitharaman replied, “I have to manage inflation, but I have to encourage growth. There’s no way for me to keep reconciling. That word reconcile. Yes, it’s is reconciliation, but the approach we take is growth,” she said.

BENGALURU: Union Finance Minister Nirmala Sitharaman on Saturday urged gift giving states to check the fiscal strength of the state government and make budgetary provisions accordingly. Days after Prime Minister Narendra Modi’s ‘rewaris’ jibe, apparently referring to freebies given by some state governments, particularly the Aam Aadmi Party waiver in Delhi and Punjab, Sitharaman said it was good that the debate has started. “You can promise something. Let’s say when I say you — the state government or a government — you promise something, say I’m going to give you something for free. It could be electricity, it could be anything else. And I’m not saying you shouldn’t.” “Do it but make sure you understand your state’s financial level, your state’s fiscal strength and having promised it in the election, you won, you come back, make sure you fill it out because you gave a word and how, making sure your budget will have a provision for it,” Sitharaman said during an interactive program hosted by the BJP Economic Cell here. “I think it bodes well that the Prime Minister mentioned gifts and their impact on the economy. And there is now a lot of interest in the subject and discussions are beginning but real good debate and building up arguments is so necessary because any diversion from the fundamental principle that we need to understand, or any attempt to undermine or dilute this debate would be doing this country a disservice because we all know that governments have responsibilities,” she said when responding to a question about the financial burden of gifts on the state. The FM said governments indeed have a responsibility to ensure that a good education reaches all of its citizens, especially the poorest sections of society. Also, basic health care is taken care of, Sitharaman said, adding that when the poor are involved, “high-end medical assistance involving experts is needed, the poor should be able to access it.” READ ALSO | Spending on health, education, welfare programs, not gifts: TN CM Stalin In this regard, she said, various appointed committees since independence have always insisted on spending at least 6% of the gross domestic product on health, education and other basic needs. Sitharaman said that no government till today has denied its responsibility for education or allowed only private education to take on this task. She added that the private sector was allowed to participate in taking over education responsibilities, but no government from independence to date has ever said that it was not necessary to spend on education. On the contrary, the Center and the States have participated in the process through Jawahar Navodaya Vidyalaya, Sarva Shiksha Abhiyan, Tribal Welfare Schools, Boarding Schools to provide good quality education to all, Sitharaman pointed out. “So if any attempt is made to say that education is now treated as a gift, sorry. This is an irresponsible and misguided statement. So is health. partially successful, others more successful reaching out, n ‘has never shied away from taking responsibility for education or health,’ Sitharaman said. Sitharaman said she would not list what is free and what is not, and preferred to leave the subject to the people to decide. She, however, cited how free electricity could weigh on power generation companies and distribution companies if the financial health of the state is not taken into account. ” You promised them up to 300 units or whatever 300 units of free electricity. So that you know the number of people who should get it, you make provision for that in your budget,” she said. ALSO READ | Congress joins ‘free club’ in Gujarat, promises a exemption from agricultural loan, free electricity “Do you have sufficient budgetary solidity. Are you generating enough income to be able to do all of this and take care of your committed obligations like salary, retirement and do your usual work – get water, give roads, make sure your state has schools, colleges, an education, hospitals,” she said. Regarding cryptocurrency, she said the government had already warned earlier saying, “Please caution is the word. So I think we’ll all have to share our thoughts and proceed with a bit of caution on this. There is a huge possibility when you talk about technology, but how and where and what trajectory it takes is something that we will all have to worry about and watch for, ”she said. To a question about inflation, Sitharaman said, “I have to manage inflation but I have to encourage growth. There’s no way for me to keep reconciling. It’s not reconciling. Well , okay, if you’re really into that word, reconcile. Yes, it’s reconciliation, but the approach we’re taking is growth,” she said.

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