Replying to a debate on the budget, Singh said that as a result of 13 Finance Commission devolutions, the deficit grants which were Rs 2,223 crore in 2010-11, came down to Rs 486 crore in 2014-15. Also, the implementation of Pay Commission recommendations also put pressure on finances.
The state received Rs 528 crore less during 2013-14 and 2014-15 as share in central taxes but the 14th Finance Commission assessed the liabilities in right perspective and the state received adequate funds.
Refuting BJP's allegations that industrial units are shifting from the state or closing down, the Chief minster said that energy consumption by industry was 4,491 million units in 2012-13, which increased to 4,758 million units in 2014-15, indicating that inspite of overall slowdown, the industrial growth of the state is not hampered.
Proposals for 41 new industrial projects and 60 expansion proposals with investment of Rs 4079 crore have been received, he added.
"The government would take measures to contain the debt in future by better resource mobilization and prudent expenditure," he said.
Singh dismissed the apprehensions of BJP members about solar fencing to save the crops from wild animals and said that the agency accomplishing the work would have to give security certificate and the project had already been experimented inHorticulture and Forestry University at Nauni(Solan).