Thursday, March 13, 2025

No fund crunch, says Tynsong

Date:

Share post:

spot_img

SHILLONG: The state government has allayed fears of any financial crunch in the state while claiming that the financial position of the state is manageable.
Talking to media persons here on Tuesday, Deputy Chief Minister Prestone Tynsong said, “The financial position of the state is manageable.”
The Finance department had earlier withdrawn delegation of financial powers to various department heads as a temporary austerity measure which means the departments and officers will have to seek its permission before releasing funds for projects.
However, Tynsong said that Parliament was yet to pass the Union budget and till that time, entitlements of the states will not be available for them.
“The budget has been presented in Parliament and it will be passed in a few days time,” Tynsong said while adding that once the budget is passed, the entitlements of the states will be distributed among them.

spot_img

Related articles

Teachers blame VC for unrest in NEHU

SHILLONG, March 12: The NEHU Teachers’ Association (NEHUTA) has criticised Vice Chancellor Prabha Shankar Shukla for his “personal...

VPP MP wants quality audit of NH-6 repair

SHILLONG, March 12: VPP’s Lok Sabha member from Shillong, Ricky AJ Syngkon has called for an independent quality...

Ardent censures Treasury bench over ‘misconception’ remark

SHILLONG, March 12: The Opposition Voice of the People Party (VPP) has asked the ruling party to read...

NTPC’s outstanding dues of Rs 565 cr to be cleared by 2026-27: Mondal

SHILLONG, March 12: The Meghalaya government is optimistic about clearing the dues of NTPC Limited worth Rs 565...