Ranchi, Dec. 22 -- Congress Working Committee member Kamleshwar Patel organised a press conference at the party's state headquarters on Monday, where he presented a bleak picture of the state economy after the introduction of a new law in place of the Mahatma Gandhi National Rural Employment Guarantee (MNREGA) Act.

"In MNREGA, the central government contributed 90% of the total expenditure, but in the new law, the Centre-state ratio has been changed to 60:40. The Modi government is going to put a burden of more than Rs.50,000 crore on the states, which will shake the economic foundation of the states," Patel said.

Patel also talked about the National Herald case, saying it was not an economic scam but a political conspiracy. He said the...