Ranchi: The Jharkhand government on Wednesday decided to exit the tripartite agreement with the Union power ministry and the Reserve Bank of India (RBI) to prevent another auto-deduction of the state’s outstanding dues to Centre-run discom companies. The state cabinet, chaired by chief minister Hemant Soren, gave its approval to the state energy department’s proposal to exit the agreement in the interest of the people of the state. “The money is deducted from a consolidated fund where funds for the development of women, people of scheduled caste and scheduled tribe and the money which is received by the state as per provisions of the 15th finance commission is received. Since the deduction is affecting interests of the state’s people and their Constitutional rights, Jharkhand government has decided to exit the agreement,” state energy secretary Avinash Kumar said after the cabinet meeting.