Bhubaneswar: Every political party is keen on promising freebies during their election campaign. The difference between the freebies, reverie and the labharthi is that the capacity of the states to take on such welfare measures will have to be studied before announcing any such promises. This kind of homework should be done by the state governments in their capacity to fulfill it or bring up certain solutions on the issues then only it can be considered as legitimate. These promises done during the election campaigns should be included in the budgetary allocations with proper prior planning by the planning commissions.
There are political parties in the states which give promises their budget later is not able to fund those promises. States that have a sound fiscal situation earlier are not even able to fund themselves at present let alone fulfill promises. If the assembly does not pass it or even if it is passed in the assembly because of a good majority it creates an intergenerational burden on the future generations as the current generation cannot bear but by borrowing money you are passing the burden to the coming generation. The question may arise if the central government borrows money as well but it should be planned in the budget accordingly to indicate to bring the debt GDP down with proper framework.
-OdishaAge
