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Kerala Kaumudi Online
Thursday, 28 October 2021 4.24 AM IST

Statements about KIIFB are utter nonsense, says Dr Thomas Isaac in reply to Nirmala Sitharaman

isaac-

THIRUVANANTHAPURAM: Responding to Union Finance Minister Nirmala Sitharaman's criticism against KIIFB, Minister TM Thomas Isaac said that Nirmala Sitharaman should have realized that the dignity of the position she holds while mechanically reading out notes somebody wrote for her. In his Facebook post, Isaac wrote there was a lot of nonsense about KIIFB and the state budget and their comments prove that she has no idea about any of the issues mentioned.

"Hon'ble Union Finance Minister, isn't there Rs 1 lakh crore in off-budget borrowing even in the Union Budget? KIIFB loan is not off-budget borrowing. Isn't the fund announced in the Union Budget for road construction borrowed by the National Highway Authority? It did not appear in the central government's budget revenue and expenditure figures. KIIFB is a similar body corporate. We do not accept the position that the Center can and the State should not. This right is absolutely constitutional", Isaac said.

"The Union Finance Minister's remarks that law and order in Kerala has been disrupted and that corruption is not worthy of reply. Even those present at the meeting know what Kerala is. It goes without saying that the Union Finance Minister has failed to make allegations that even his own party members believe", the minister added.

Nirmala Sitharaman had said while participating in Vijaya Yatra in Kocha that all the projects in Kerala are being handled by KIIFB and what kind of budget is this. Nirmala Sitharaman had pointed out that the CAG had said that the entire activities of KIIFB should be questioned.

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TAGS: POLITICS, DR THOMAS ISAAC, NIRMALA SITHARAMAN, KIIFB
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