It takes nobody’s sleep when Kerala Finance Minister KM Mani
informs that the total public debt of
the State is stood at Rs 87,063.83 crore. And as on May 1,
2012 the per-capita burden of public debt on Keralites is Rs 26,067. Minister K
M Mani’s contribution to this for the last one year is alone Rs 8,000 crore.
For those who watch sky above the head and earth below the foot it is a happy occurrence
to see that he is debtor of Rs 26,067.
The UDF and the LDF are very eager to take in charge of the
State affairs but none is bothered to bring down the level of borrowings and
thus to reduce the debt burden. They
will hurl abusive words on each other for unrestricted borrowings and taking
the State to debt trap.
It is high time to restrict all State Finance ministers of the
country to limit borrowing. K M Mani is
unfit to his present post not only because of his poor performance as Finance
minster but his involvement in the sister Abhaya murder case involving
clergies.
K A Solaman
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