Debt burden went up by ₹1.7 lakh crore during Raje regime: Gehlot

first_imgRajasthan Chief Minister Ashok Gehlot on Tuesday accused the previous Vasundhara Raje government of increasing the debt burden on the State and asked how it increased by over ₹1.7 lakh crore in just five years. The debt burden on the State was ₹1.29 lakh crore when the BJP came to power in 2013, but it increased to ₹3 lakh crore in by 2018, he said.“Our former [Congress] government had left a debt of ₹1.29 lakh crore [in 2013]. It was a debt of the last 30-40 years, but it increased to ₹3 lakh crore in the last five years. The debt increased by close to ₹1.75 lakh crore. How did this happen,” asked Mr. Gehlot.The Chief Minister was responding to a question on the financial challenges before his government after it announced farm loan waiver, which will add a burden of ₹18,000 crore on the State exchequer.Mr. Gehlot also demanded that the NDA government at the Centre waive farm loans across the country like the Congress had done after coming to power recently in Rajasthan, Madhya Pradesh and Chhattisgarh.Farmers’ rallyHe also said a big rally of farmers will be organised in the State soon to put pressure on the Narendra Modi government to waive loans.He alleged that the BJP-led NDA government at the Centre had waived bad loans worth ₹3.5 lakh crore of select industrialists when loans of farmers should have been the priority. “The former UPA government [at the Centre] had waived farmers’ loans worth ₹72,000 crore and the Congress [governments] in Rajasthan, Madhya Pradesh and Chhattisgarh has also announced to waive loans,” Mr. Gehlot told reporters here.last_img

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