Chandy twisted facts, says Kanam

Thiruvananthapuram: CPI state secretary Kanam Rajendran has said that chief minister Oommen Chandy had twisted facts while stating that the state exchequer had a surplus Rs 1,643 crore as on March 31.
“This fund in the treasury has been accumulated by putting an unofficial ban over clearing all cheques above Rs 25 lakh, not spending the plan funds of various departments, transferring the Rs 1,200 crore to treasury that the banks had transferred to the KTDFC while they took over the debt of the KSRTC and forcefully making contributions to treasury from welfare funds.For this reason, this fund is not surplus fund in the treasury,” Kanam said.
This April marked an income of Rs 1,602 crore, which is the lowest in the last 10 years. The government has not even disbursed the revised salary to 40,000 gazetted employees or pensioners. The chief minister is making such false claims when the state debt has doubled (1,41,947 crore) in the last five years, Kanam said.
Chandy had claimed on Sunday that the government’s financial position was intact and the exchequer had Rs 1,643 crore surplus funds at the end of the financial year.