Chief Minister Harish Rawat met the Central Finance Minister Arun Jaitely at New Delhi

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dehradun The Chief Minister Harish Rawat met the Central Finance Minister Arun Jaitely at New Delhi on Friday. The CM Shri Rawat requested the finance minister to continue with the existing funding pattern of 90:10 for externally aided projects. He said that Uttarakhand has 65 percent area covered by forest. Uttarakhand has a huge potential of generating more than 30,000 MW Hydropower. State is bearing an estimated loss of Rs. 1700 crore per year in revenue generation by banning new hydro projects. In view of long and strategically sensitive international border, the state is not able to use its tourism potential. He also drew attention on the recommendations of B.K. Chaturvedi that at least 2 percent of the gross budgetary support should be earmarked for the 11 states of the Himalayan region.

The CM Shri Rawat said that in view of special circumstances, status of special category had been given to the state. He said that under the new dispensation, block grants have been discontinued causing a net loss of Rs. 2800 crore in the current financial year, along with share of states has been enhanced to 42 percent from 32 percent in the central taxes and there is net short fall of Rs. 1500 crore to Uttarakhand in the current financial year. He stated that according to economic survey, Uttarakhand the only state in the country that would be having a shortfall in the financial transfers from the centre under CAS, while the rest 27 states stand to gain approximately Rs. 1000 per capita in such transfers, Uttarakhand will be losing about Rs. 48 per capita. In fact Arunachal Pradesh and Mizoram would gain by approximately Rs. 33000 and Rs. 17900 per capita respectively.

The CM Shri Rawat said that the ministry of finance invited project proposals to be funded under BRICS-NDB, AIIB and JICA. In this context several proposals of Rs. 2000 crore have also been sent by the state government. These project proposals are related to drinking water, education and creation of livelihood opportunities. State government has a lack of financial resources for funding these projects. The CM appealed the Central Finance Minister that the funding pattern to be based on 90:10.

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