Thomas Isaac was asking the local bodies to mobilise the funds for the spillover projects of the last fiscal year from this year’s fiscal allotment. The House witnessed noisy scenes over the financial health of the local bodies with the Opposition alleging that the hands of the local bodies had been tied. Dr. Isaac said only ₹28 crore of the last fiscal remains to be released to the local bodies. Dr. Issac said he was ready to consider making up for the losses of local bodies that had a carry over of more than 20%. He called for urgent corrective steps to allay the fears of the local bodies.
Source: The Hindu June 13, 2019 13:52 UTC