Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Punjab debt likely to touch ₹4.17L cr by yr-end
The New Indian Express Sambalpur
|March 28, 2025
The cash-strapped Aam Aadmi Party government in Punjab is expected to take a loan of ₹49,900 crore this year, pushing public debt by the end of March next to a staggering ₹4.17 lakh crore.
Punjab is the second-most indebted state in the country in terms of debt to gross state domestic product ratio.
Sources said of the loan amount, ₹18,198.89 crore will go towards repaying old loans and ₹24,995.49 crore for servicing legacy debt. That makes up 86 percent of fresh borrowing.
By March 31, 2026, the total debt of Punjab will stand at ₹4,17,136.10 crore, an approximate 9-percent increase from the current outstanding debt of ₹3,82,934.98 crore.
In 2024-25, the government paid ₹23,953.72 crore as interest on the outstanding debt, 23 percent of total revenue receipts. Thus, interest liability has constantly been rising due to growing debt. The debt liability has increased by ₹1 lakh crore in the past three years.
Dit verhaal komt uit de March 28, 2025-editie van The New Indian Express Sambalpur.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Sambalpur
The New Indian Express Sambalpur
A LIFELINE AND A REUNION
Kerala government's Extreme Poverty Eradication Programme Uplifts a Blind Couple
2 mins
November 01, 2025
The New Indian Express Sambalpur
EC seeks report on killing of PK party supporter as Mokama remains tense
THE Election Commission of India (ECI) has sought a detailed report on the killing of a Jan Suraaj Party supporter in Mokama assembly constituency of Patna district, directing Bihar DGP Vinay Kumar to submit an action taken report at the earliest.
1 min
November 01, 2025
The New Indian Express Sambalpur
Fiscal deficit widens 21% to ₹5.7L cr in H1
THE Centre's fiscal deficit widened 21% year-on-year in the first six months of the current financial year to ₹5.7 lakh crore as the government accelerated capital expenditure amid muted tax revenue growth.
1 min
November 01, 2025
The New Indian Express Sambalpur
Russia, US to join Navy events next yr; China, Pak & Turkey not invited
MORE than 55 countries have expressed their willingness to participate in the Indian Navy's simultaneous hosting of three major international maritime events at Visakhapatnam in February 2026.
1 mins
November 01, 2025
The New Indian Express Sambalpur
WHY NERDS ARE HERDING TO PUBS
ALL cats die. Socrates is dead. Therefore Socrates is a cat,\" said the Logician in Eugène Ionesco's play Rhinoceros.
4 mins
November 01, 2025
The New Indian Express Sambalpur
BoB profit slips to ₹4,809 cr despite better asset quality
THE country's second-largest public sector lender Bank of India on Friday reported an 8.2% year-on-year drop in net income at ₹4,809 crore, despite improved asset quality and the resultant sharp 47% drop in provisions, along with stable net interest margin in the September quarter.
1 min
November 01, 2025
The New Indian Express Sambalpur
City Union Bank receives $50 million from IFC to support MSME solutions
CITY Union Bank on Friday announced that it has secured $50 million commitment from International Finance Corporation (IFC), a member of World Bank Group.
1 min
November 01, 2025
The New Indian Express Sambalpur
IMD predicts warmer Nov, no harsh winter
NOVEMBER is likely to be relatively warmer and wetter than usual in most parts of the country, according to the India Meteorological Department.
2 mins
November 01, 2025
The New Indian Express Sambalpur
No summoning of lawyers over advice to clients barring special cases: SC
THE Supreme Court on Friday ruled that investigating officers cannot issue summons to lawyers appearing for the accused unless the matter is covered under any of the exceptions under Section 132 of the Bharatiya Sakshya Adhiniyam (BSA).
1 mins
November 01, 2025
The New Indian Express Sambalpur
MSIL's dominance in smaller car segment to grow as GST cut lifts sales
RC Bhargava, Chairman of Maruti Suzuki India (MSIL), expects the company's dominance in the smaller car segment to grow following last month's reduction in goods and services tax (GST) from 28% to 18%.
1 mins
November 01, 2025
Listen
Translate
Change font size