YSRCP, TMC and others raised their objection to the presentation on fiscal health of the states during the all-party meeting called by the Center to discuss the current situation in Sri Lanka.
A meeting of leaders of political parties was held on the situation in Sri Lanka under the chairmanship of External Affairs Minister Jaishankar. (Photo: PTI)
At an all-party meeting called on Tuesday to discuss the Sri Lankan crisis, things took a different turn with some opposition parties raising objections to a presentation on states’ fiscal health.
At the outset, External Affairs Minister S Jaishankar said there were misinformed comparisons between conditions in Sri Lanka and India. It seems that then the finance ministry officials gave an explanation about the state loans.
Sources told India Today that while the presentation was underway, opposition parties including YSRCP, TRS, DMK, AIMIM and TMC protested it and questioned why the central government’s financial position was not discussed instead.
Some of them are said to have quipped that the federal government’s debt-to-GDP ratio is higher than any state’s.
“Who are these secretaries to brief party leaders?” One of the opposition leaders who attended the all-party meeting told India Today.
Opposition leaders said the meeting on Sri Lanka was not a platform to discuss the economic health of states. After they objected, the presentation was called off, sources said.
After the meeting, EAM S Jaishankar clarified that there was no “political motive” behind the explanation.
He said, “We are trying to highlight the importance of fiscal prudence. We are not highlighting any single state. It was a data-based presentation of a comparative scenario, so everyone’s perception of the fiscally prudent scenario in India.
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