NPCC warns of looming ‘economic disaster’

DIMAPUR, MAY 21 (NPN) | Publish Date: 5/21/2020 12:25:14 PM IST

Nagaland Pradesh Congress Committee (NPCC) has urged the state government to come out with a white paper on the plan of growth of the economy, saying the state would land into economic disaster soon if it did not act quickly.

In a press release, NPCC president K Therie said that the “days are going to be difficult” with huge deficit, huge plan and non-plan salary and debt servicing added with lockdown revenue deficit.

Claiming that revenue of the centre was down by 95%, Therie said the central share of taxes and grants would also shrink and could continue so for several years to come. He has also urged the state government to make public its plan to make loans easier for MSMEs and the agriculture sector. State Congress chief stated that bringing stranded children home was not enough, saying they needed to be given jobs also. He urged the government to seriously think of creating jobs to accommodate the unemployed youth and for the stranded returnees. Therie said the state should take advantage of the returnees’ experience and upgrade the economy of the state and also help them live with their potentials.

He said the government should realize that the situation was “a lesson to be self-content and have some self-respect.”

“While we are all looking at the stranded children, the hospitality services sector particularly small restaurants, parlours, tourist operators, taxi and auto drivers, etc. cannot be ignored anymore,” Therie said. 

He said that hospitality services have suffered the most in the economy, next to migrant workers. Thousands have lost business and tens of thousands have lost jobs in Nagaland state alone, he said and urged the government to step in to salvage them. “We need to become self-content and create employment opportunities for all,” Therie said.

Meanwhile, NPCC chief suggested that the government, as temporary considerations for restaurant owners, could give contracts for packed food for quarantine inmates. Secondly, he said that those that cannot be given contract works for supply of food needed to be given rations whether they have ration card or not.



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