SHILLONG: Chief Minister Conrad K Sangma has stressed on the need for the state government to maintain a balance to bail out the state from the present financial challenges.
Talking to media persons here on Wednesday, Conrad said that financial challenges are there in the system whether it is the Centre, state governments or organisations but this does not mean that the system has collapsed.
The chief minister maintained that the financial position needs to be worked out even as he added that there is slow down of economy at the national level which is eminently clear from the numbers which are coming out in the GDP and the revenue collection at the central level.
“This directly affects the revenue share of all the state governments and not just of Meghalaya. These challenges will always be there which are part of the economic cycle,” he said.
He, however, observed that the situation is not confined to Meghalaya alone and this crisis is prevalent throughout the country and the world.
“We need to ensure that the state moves on and the committed liabilities are paid. We also need to ensure that development process is not hampered. This balance needs to be maintained,” Conrad added.
Referring to the pending contractual bills, he said that it is absolutely not possible for the present government to clear contractual bills which are pending for the last 20 years.
