NEW DELHI: Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu held productive talks with Finance Minister Nirmala Sitharaman today, making a strong case for substantial financial aid to tide over the state’s mounting economic pressures. The hour-long deliberation focused on immediate relief measures and long-term fiscal restructuring support.
Highlighting the aftermath of devastating cloudbursts and flash floods last year, Sukhu detailed how these disasters wiped out crucial infrastructure and agricultural assets, pushing the state’s debt-to-GDP ratio to unsustainable levels. He sought Rs 10,000 crore as special assistance, alongside expedited clearance of pending GST compensation dues and increased grants-in-aid.
The CM also flagged implementation hurdles in centrally sponsored schemes, requesting flexibility in fund utilization norms. Discussions touched upon hydropower project delays due to environmental clearances and the need for viability gap funding to attract private investments.
Responding positively, FM Sitharaman committed to a thorough review within the Finance Commission framework. She emphasized the Centre’s ongoing efforts through the Aspirational Districts Programme and PM Gram Sadak Yojana to bolster Himachal’s development.
This engagement underscores deepening Centre-state coordination on fiscal matters, especially post the 15th Finance Commission’s recommendations. Himachal’s unique geographical challenges demand tailored solutions beyond standard allocations.
Stakeholders in the state, including industry bodies and farmer unions, are closely watching these developments. A favorable outcome could accelerate restoration works in apple orchards, road networks, and tourism circuits – sectors vital to Himachal’s economy.
With assembly polls not far away, Sukhu’s proactive diplomacy aims to deliver tangible benefits to constituents while navigating coalition dynamics at the Centre. The financial aid package, if approved, would mark a significant win for federal cooperative governance.
