Sule says Shaktipeeth will hit state finances

Time of India

6 hours ago

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Mumbai: A few days after the state cabinet approved the Rs 20,787 crore Nagpur-Goa Shaktipeeth highway,
NCP
(SP) working president
Supriya Sule
has stepped into the row over the project, saying the cash-starved state govt will not be able to afford the massive expenditure on the proposal.
"State govt must give a serious thought to the huge expenditure on the project, particularly in view of the critical financial situation of the state.
It will take several decades to restore the situation. It will have a massive impact on the Marathi people," Sule said.
Sule referred to a series of reports in a section of the media, saying there is strong opposition to the project from all sections. "When our financial situation is very bad, still we are in the process of securing a loan of Rs 30,000 crore, with an interest of 8.85%, it is beyond the financial capacity of the state to afford such a high interest," Sule said.
Sule said that at a juncture when the state govt has failed to release the salaries of its own employees, while there is acute shortage of funds for water mission projects, the govt has secured huge loans for a project which has been opposed in all sections.
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Sule said it was found that elected representatives of almost all the political parties have opposed the land acquisition process. "We need infrastructure projects, but at the same time, govt should not impose such projects on the people.
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If we accept the Shaktipeeth highway, there will be adverse impact on the financial situation of the state. Even the planning and finance departments have raised concern over the impact of the project on the financial situation of the project," Sule said.
Sule asked why the govt is insisting on implementing the project at a juncture when farmers have opposed it. "Farmers are not keen on the highway, if the project is implemented, it will have adverse impact on the financial situation of the state.
People must examine the remarks of the finance and planning department," she said.
MPCC chief Harshawardhan Sapkal alleged that the Shaktipeeth highway is being implemented at the behest of Delhi's elite, to benefit favoured industrialists.
Mumbai: A few days after the state cabinet approved the Rs 20,787 crore Nagpur-Goa Shaktipeeth highway, NCP (SP) working president Supriya Sule has stepped into the row over the project, saying the cash-starved state govt will not be able to afford the massive expenditure on the proposal.
"State govt must give a serious thought to the huge expenditure on the project, particularly in view of the critical financial situation of the state. It will take several decades to restore the situation. It will have a massive impact on the Marathi people," Sule said.
Sule referred to a series of reports in a section of the media, saying there is strong opposition to the project from all sections. "When our financial situation is very bad, still we are in the process of securing a loan of Rs 30,000 crore, with an interest of 8.85%, it is beyond the financial capacity of the state to afford such a high interest," Sule said.
Sule said that at a juncture when the state govt has failed to release the salaries of its own employees, while there is acute shortage of funds for water mission projects, the govt has secured huge loans for a project which has been opposed in all sections.
Sule said it was found that elected representatives of almost all the political parties have opposed the land acquisition process. "We need infrastructure projects, but at the same time, govt should not impose such projects on the people.
If we accept the Shaktipeeth highway, there will be adverse impact on the financial situation of the state. Even the planning and finance departments have raised concern over the impact of the project on the financial situation of the project," Sule said.
Sule asked why the govt is insisting on implementation of the project at a juncture when the local farmers have opposed it. "Farmers are not keen on the highway, if the project is implemented, it will have adverse impact on the financial situation of the state.
People must examine the remarks of the finance and planning department," she said.
MPCC president Harshawardhan Sapkal alleged that the Shaktipeeth highway is being planned and implemented at the behest of Delhi's elite, to benefit favoured industrialists.
Sapkal said chief minister Devendra Fadnavis is pushing for the Shaktipeeth highway on orders from Delhi's power brokers. "A corridor is being planned from central India to Goa's port to help favoured industrialists export their raw materials abroad.
This is a red-carpet project exclusively for them," Sapkal said.
Sapkal said that while an allocation of Rs 20,000 crore has been made, the expenditure could go up to Rs 1.5 lakh crore and is a ploy for corrupt profiteering. "This is the beginning of pushing Maharashtra towards bankruptcy, since the debt burden has cross the mark of Rs 9.82 lakh crore," he said.