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Montek calls off Manpreet's bluff on no budget show
WSN Network

CHANDIGARH: In a rather curious situation that saw Punjab Government getting the flak from the Centre and coming out with lame duck excuses for not presenting the budget, Punjab Finance Minister Manpreet Singh Badal has been left high and dry and, of course, much embarrassed.

While announcing earlier that the Punjab budget was difficult to present because the Planning Commission of India deputy Chairman Montek Singh Ahluwalia had cancelled a February 24 meeting to clear the annual plan of the state, state Finance Minister Manpreet Badal failed to take into account the meticulousness with with Ahluwalia takes his job.

Manpreet had decided to go in for a vote on account, an instrument that gives the state the legislative sanction for expenditure to carry on the minimum required tasks while holding back on schemes and tax measures. He had said on February 17 that since the Budget Session of the Punjab Assmebly has already been announced for February 27, and the cancellation of the meeting with Ahluwalia was conveyed only on February 16, therefore it was not possible to present the budget.

But as soon as newspapers carried Manpreet's reasons for cancellation of the budget plans, Ahluwalia was furious. He immediately told his staff to retain the appointment for February 24 with the Punjab Government, told Manpreet he was available for the meeting, sent a fax to the state Chief Secretary and called off the bluff.

"Too late," cried Manpreet, and claimed the period was too short for him to now prepare the budget. Incidentally, the Annual Budget Plan for 2009-2010 for Punjab has been enhanced from Rs 6,200 crore to Rs 8,450 crore. Manpreet had ealrier said that "I do not think it will be possible for Ahluwalia to hold the meeting in the near future" but when Ahluwalia actually turned around and offered to hold the meeting on February 24 itself, Manpreet simply threw up his hands.

Experts said the reason was actually political. Punjab wanted to wait for the Centre's full budget so that it can reflect some of the bounty from the Central-state schemes in its own budget. Besides, any tax measures just before the Lok Sabha polls would have harmed politically. The Centre too as gone for a vote on account because there was no other option. With Lok Sabha elections expected in April-May, any government at the Centre would have taken the same route.

But that was not a reason that Manpreet could have cited for his decision not to present the budget. A vote-on-account is taken only when there is a caretaker or a new government which has just taken over. The SAD-BJP government is in its third year and there was no need for a vote-on-account. A full budget would possibly have revealed how the state government had been unable to implement several Central-sponsored schemes and could not procure Central funds for developmental projects.

25 February 2009
 

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