<transcript><audio_56>this is july 15</transcript> this is july 15 i think it's very important that we start to understand what people think about us and what we've been doing over the last 60 years but i needed to just bring that to your so i will raise one more issue the issue of conditionalities attached to the branch i have to say that sometimes even the finance commission gets tempted to attach condition to the grounds the 13th financial commission did the government of india is also very liberal in imposing additional conditions as a result a number of grants remain undispersed as in the basic purpose of a grant is therefore defeated if due to procedural and other factors these grants do not reach the states some are and these some examples are grounds relating to water sector management and incentive for issuing uids recommended by the 13th finance commission i would now like to draw the attention of the commission towards the state of state of the state finances during my last 10 year when i took over the finances of the state were in a really bad state the ship the state was mired in revenue deficit and overdraft was frequently resorted to we took a number of innovative initiatives and brought the state to a very sound financial position now when we have come back we find that the state finances are once more under severe stress the state has again stepped to revenue deficit and after school deficit this year is far in excess of three percent of gsdp this is the result of the so-called popular schemes taken up by the previous
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