Punjab accuses Centre of pruning borrowing limit
The New Indian Express|June 04, 2023
Sources in the state finance department said the borrowing limit has been slashed from ₹39,000 crore to ₹21,000 crore.
HARPREET BAJWA
Punjab accuses Centre of pruning borrowing limit

ANOTHER confrontation is on the cards between the AAP-led Punjab government and the Centre following the alleged cut in the borrowing limit of the cash-strapped Punjab government by ₹18,000 crore. Also, the ₹2,600 crore special assistance grant for the development of capital assets and ₹800 crore grant under the National Health Mission (NHM) has been stopped. This means a total hold-back of ₹21,400 crore.

This story is from the June 04, 2023 edition of The New Indian Express.

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This story is from the June 04, 2023 edition of The New Indian Express.

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