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Tuesday 21 August 2018
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Himachalis have Rs 50,000 crores in bank deposits

As per the state Finance Ministry data the bank deposits of Himachalis stood at about Rs 50,000 crore, however the state is under huge debt.

Finance Ministry official said that the percentage of people keen on increasing their savings was 75 per cent in the state while it was 33 per cent in the country. The good income from Horticulture, off season vegetables, milk, animal Husbandry and salaries of the employees contributed mainly to savings.

There are more than 2.5 lakh state government employees and taking into account the central and public sector employees, the number crosses 3.5 lakh marks. As per the data available, the state government employees are the highest paid and saving money is habit with them. Interestingly, income from horticulture is exceeded by the income from off-season vegetable production.

However ironically, Himachal Pradesh is reeling under estimated debt of over Rs 25,000 crore. It is mainly of lack of industrial set up and till now Govt has failed to tap the income from tourism and other sector.

Source



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