Dharamshala, Feb. 10 -- Former Himachal Pradesh Chief Minister Shanta Kumar has said the present economic crisis in the state is the outcome of wrong policies, wasteful expenditure, an oversized administration and lack of fiscal discipline.
Kumar said, despite being a small state, Himachal Pradesh was earlier governed with honesty, frugality and prudence, but nowadays politics is driven by vested interests, which has led the government to take flawed decisions.
He remarked that the state's financial distress is not sudden but the result of faulty planning and indiscriminate spending over the years.
Citing an example, he termed the formation of an unnecessary board with nearly 300 members at a time of severe financial crisis as a "grave p...