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Bhagwant Maan is saying that the treasury is full, but the bank report made this dangerous revelation
Punjab News Compared to other states of the country, Punjab has the highest debt, while Reserve Bank of India (Reserve Bank of India) According to the norms of the Debt-GDP ratio should be less than 20 percent. But only three states – Odisha, Gujarat and Maharashtra fulfill this criteria. While other states are burdened with debt, Punjab is on top. Second is Bihar and third is Rajasthan.
During every stage and rally of Punjab Chief Minister (Chief Minister) Claims that the coffers of the Punjab government are completely full. He has also been taunting the previous governments that the treasury was always empty during their tenure. But it is clear from the bank’s report that Punjab’s financial position is not yet strong enough to balance the debt-GDP ratio as per Reserve Bank of India standards.
There is no comprehensive plan for debt relief
yet Punjab Govt (Punjab Govt) Could not come up with any comprehensive plan to make the state debt free. However, two major investment summits and tourism summits and travel marts are organized in the state. Through them, industrialists/traders have been invited to invest in Punjab. Punjab government is also making various policies. It is an effort of the Punjab government to strengthen the economic condition of Punjab by supporting investors in every sector. For this, the Punjab government has also claimed to provide business friendly environment to the investors.
Borrowers doing free facilities
Punjab government is providing 600 units of free electricity to domestic consumers in the state. Apart from this, bus travel is also free for women in the state. The loans of the farmers will also be waived off by the state government. It will benefit a large number of farmers.
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