Financial crisis result of Govt’s inefficiency: Naeem Akhtar

Excelsior Correspondent
SRINAGAR, June 13: People’s Democratic Party (PDP) today expressed serious concern over the prevailing financial crisis in the State and held the Government responsible for the same.
In a statement the party chief spokesperson, Naeem Akhtar, said it was saddening to see that the treasuries were  running dry badly affecting the people particularly contractors and employees besides impacting work on some key social sector schemes. He said it is not the first time that such a situation has arisen in the State but in the past as well the people had to face immense problems on account of the Government’s utter failure on the fiscal front.
“Shortage of funds at treasuries has become a hallmark of this inefficient Government which is least bothered about the people,” he added. He said the bad fiscal scenario has not only affected the contractors and employees only but it has also hit a large number of claimants seeking GP fund, gratuity etc.
Castigating the State Government for its failure on every front, Naeem said it has brought the J&K to a position where everything is in ruins.  Though, for their own pleasures the ruling politicians have no problem of money, but the pensioners, casual labours, seasonal and need based workers are not getting their dues for months together. “These are all signs of bankruptcy”, he said adding that  rot in the system is direct result of the Government’s inefficiency as it has not been able to utilize hundreds of crores of rupees as plan allocation from the Centre over the last more than five and a half years.