Punjab economy

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PUNJAB ECONOMY NEWS

Chief Minister Bhagwant Mann is learnt to have especially come down to Chandigarh from Jalandhar, where he has been campaigning for the party candidate for the Jalandhar West byelection, to meet Subramanian, who was in state capital. (File Photo)

To bring Punjab's economy back on track, CM Bhagwant Mann reaches out to Arvind Subramanian

July 03, 2024 9:15 am

The state government, it is learnt, has sought from Subramanian to help the state with solutions so that it is able to spend on capital expenditure and contribute to development. With freebies bleeding the exchequer dry, the state is unable to spend much under the capital expenditure head.

In just first 3 quarters, Punjab has borrowed Rs 30,000 crore

December 22, 2022 9:20 am

In the Budget estimates this year, the AAP government had estimated that Rs 36,068 crore would be spent on debt servicing in the current fiscal.

Is Punjab economy inching towards debt trap, and why it is cause for worry

May 05, 2022 12:27 pm

Given the multiple challenges faced by the economy, as analyzed above, it is strongly desirable that ever mounting outstanding debt and debt servicing burden be controlled at this stage only before it is too late to mend.

BJP frowns on dwindling fiscal health,lack of funds for projects

March 14, 2014 3:21 pm

Despite the all is well claims put forth by Deputy Chief Minister Sukhbir Singh Badal about Punjabs economy,SADs alliance partner,the BJP,on Monday expressed grave doubts over the states financial health.

Talwandi Sabo Power Plant,a boost to Punjab economy

August 30, 2013 5:28 pm

1980 MW supercritical thermal power plant is being set up at village Banawala in Mansa district.

Punjab economy: CAG presents a dismal picture

April 16, 2014 5:56 pm

The Comptroller and Auditor Generals (CAG) report card tabled in the Vidhan Sabha Tuesday shows Punjab as a state teetering on financial bankruptcy in the backdrop of a severely crippled economy.