‘Maharashtra Economic Survey’ before Budget 2011-12- ‘State is all set for fiscal Collapse’
Nagpur- Nagpur- 13th March 2010,
Golden jubilee year of Maharashtra year 2010-11 has further deepen the economic crisis of the state and all tall claims of brining the state economy on road map of development even state is set collect 20% more revenue from tax prayers but one time progressive state is set to face fiscal collapse .there is no mega project of giving employment to youth has started moreover major job giving heavy and labor oriented industries have either closed or shifted to nearby Gujarat ,as per official estimate state has lost 10 million record skilled and unskilled jobs even when Maharashtra was claiming 10 million additional job in it’s golden jubilee year as major jolt came state mega flagship project ‘MIHAN’ in Nagpur failed to take off even after decade of the land acquisition .
In the half fiscal year Maharashtra got new Chief Minister Purthiviraj Chavan as true agent of MNCs and strong promoter neo-globalization policies and well set agenda of 10,janpath to remove obstacles in disputed projects and promotion of anti-farmer and anti-poor policies has created more distress and despair Agrarian crisis part of Maharashtra, the back door entry of MOS in PMO has strengthen the Groupism in congress widen which is working against economic interest of Maharashtra.NCP control taken by Ajit Pawar has set agenda to grab the power of it’s own has further weaken the administrative control in the state .uncontrolled corruption of NCP ministers in PDF government has given very bad signals corporate companies .infact it’s free for all environment in Maharashtra Govt. bring the state to threshold of economic collapse.
Major cash crop cotton and sugarcane suffered set back and crepe and onion growers added fuel to state agriculture economy which retarded the state GDP by 2% .Maharashtra is state where budget allotted by the central Govt. for tribal devlopement, NRHM, MGREGA, AIBP and fund allotted for social welfare ,food security and women and child development is freely diverted for the salaries of babus and staff as morethan 90% state earning is going in the staff salaries and payment of huge debt crossing Rs.2.4 lakhs crore ,this is too serious fisal condition to stop it from collapse needs mega ‘bail out package’ to survive , Vidarbha Jan Andolan Samiti(VJAS) president kishor Tiwari informed today regarding economic collapse of Maharashtra and urged central Govt. intervention to avoid systematic failure of fiscal structure of Maharashtra ..
When in August 2009 it’s first economic survey before submitting the budget Maharashtra Govt. has admitted that state is not economic growth map when it was told that last year Maharashtra lost 2 million jobs in the year 2008-2009,food grain production dropped by 25% before drought has been declared ,outstanding debt mounting to Rs.1,58,520 crore, interest payment on debt is Rs. 12,953 crore,30% drop in employment provided under National Rural Employment Guarantee Scheme (NREGS), poverty ratio in the State is 30.7 per cent as against All-India average of 27.5 percent and more than 6000 farm suicides and lacs of tribal’s death due to malnutrition and starvation but same time rosy picture was shown regarding massive job creation and investments in infrastructure ,increase in food crop production ,reduction in the debt and restoration basic facilities to poor like food ,shelter, health ,education and rural employment ,industrial growth but nothing has happened and economical crisis further deepen and in the golden jubilee year of it’s formation Maharashtra is set to face worst economic crisis and fiscal collapse due to poor governance and massive corruption in ministry , Vidarbha Jan Andolan Samiti(VJAS) president kishor added.
VJAS has drawn the attention towards the wet drought situation in more than 50,000 villages that has effected sharply drop in kharif and raby crop and first food production has like to be drop below 94 lakh MT first time in history of Maharashtra . last year it was told that Total 14,957 industrial projects with an investment of Rs. 5,04,689 crore and employment potential of about 27.54 lakh have been registered with the GoI to set up units in the State till the end of December, 2010 but gloomy fact is that out of these, not single mega project as operational till today as same is not reflected in the economic growth and employment job डाटा of the state is retarding very fast। The compounded annual growth rate (CAGR) for the last five years for investments in registered and commissioned projects is more than 17 and 3 per cent respectively but in ground reality nothing has happened that cause of worry .
‘As ex -Maharashtra chief Minster Ashok Chavan was half year busy in land allotments and land lease ,New Chief Minister Purthiviraj Chavan is busy since taking oath to under stand problems of state and likely to another 3-4 years to under stand same that created more chaos in the debt ridden state ,the communication gap in his co-partners and executive and uncontrolled corruption has put state on ‘economic collapse.in order to keep ‘MR.CLEAN ’ image intact CM is not even clearing files that has retarded the decision making process and created fishy situation in Mantralaya’ Kishore Tiwari said
Kishore Tiwari of VJAS has asked today to central Govt. to review economic crisis in