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Guv Bose asks TMC govt to issue white paper on WB's financial situation

By Business Standard - 4 months ago
Claiming that West Bengal was facing a financial breakdown, Governor CV Ananda Bose on Saturday called upon the Mamata Banerjee government to table a white paper on the state's financial situation. Bose's statement came on a day he met Union Finance Minister Nirmala Sitharaman in New Delhi. "The fiscal situation of West Bengal is confronting multiple fiscal risks and public finance management issues exposing serious lapses on the part of the (state) government. It is very disturbing, shocking, and shattering to see that West Bengal is facing a financial breakdown. Its public finance is in the doldrums," he claimed in a statement issued by the Raj Bhavan. "Considering the grave nature of the economic scenario, the Governor calls upon the CM upon the authority vested in him under Article 167 of the Constitution read with Rule 30 of the Rules of Business for West Bengal framed under Article 166 of the Constitution, to place a comprehensive report on the state's financial situation befo

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