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Wake-up call

GDP growth is frighteningly low, and the government has its own limitations in coming out with the expected 'stimulus'

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Business Standard
Last Updated : Sep 25 2017 | 10:53 PM IST
With reference to “Centre now asks depts. to fast-track budgeted spend; stimulus can wait” (September 25) by Nivedita Mookerji, the story highlights crucial negligence by several ministries and departments, and it should help in jolting them out of their reverie. Isn’t it sad that, in the face of very limited financial resources for literally unlimited needs for capacity building, some departments — especially “railways, roads and health” as mentioned — are ambivalent about “spending even what is available”? Their somnolence is nothing short of “criminal neglect”. They are sitting on precious approved budgets, when there is a crying need for hundreds of projects under their charge that are crucial for the country. Lack of progress on them affects the efficiency of national assets and safety of our people, yet they fail to discharge their assigned duties.

The Centre has done well to ask them to fast-track all such projects. Sitting on their haunches and waiting for the “stimulus” just doesn’t make sense. GDP growth is frighteningly low, and the government has its own limitations in coming out with the expected “stimulus”. At a time lack of jobs is a very serious concern, departments sitting on even the “budgeted spend” should come as a wake-up call.
 
Krishan Kalra   Gurugram

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