Party's local unit secretary V Swaminathan, in a release here,alleged that lavish spending and appointment of chairmen for loss making undertakings had been draining funds at a time when government is hard pressed for financial resources.
He demanded that government adopt austerity measures and strengthen revenue mobilisation to beef up the coffers.He also urged the Chief Minister to avoid appointing employees without being routed through Employment Exchange.
This system of appointment, bypassing employment exchange was depriving local youths of job opportunities, he said.