Punjab Is The Most Indebted State In India: Navjot Singh Sidhu



Punjab Pradesh Congress Committee president Navjot Singh Sidhu on Monday mentioned that Punjab is probably the most indebted state in India and the debt accounts for 50 per cent of the State GDP.

Taking to Twitter, Mr Sidhu mentioned, “At present, Punjab is probably the most indebted state in India. Debt accounts for 50 per cent of State GDP. Half of our expenditure is funded by costly debt. Let”s not derail from actual points to which each and every Punjabi and celebration employee calls for an answer, as a result of there’s #PunjabBeyond2022 #HaqiqatPunjabDi”

The Congress chief mentioned that monetary accountability and transparency are pillars of Punjab Mannequin.

“Monetary Accountability and Transparency are pillars of Punjab Mannequin. Accountability calls for revealing sources of funds at each scheme announcement, whether or not from earnings or from extra debt. Transparency calls for making public state”s fiscal well being each month,” tweeted Mr Sidhu.

“Borrowing shouldn’t be the way in which ahead! Taxes shouldn’t go to settle the debt however return to the folks within the type of improvement. Answer-oriented mannequin is to cease the theft of State’s sources, refill public exchequer and create a Welfare State by way of earnings era,” Congress chief tweeted.

In the meantime, Bharatiya Janata Occasion (BJP) nationwide normal secretary Tarun Chugh on Monday mentioned the inner dispute between Punjab Congress chief Navjot Singh Sidhu and Chief Minister Charanjit Singh Channi is inflicting hassle for the state and the folks daily.

“Earlier it was the Captain-Sidhu dispute which had made the Punjab authorities paralysed. Now it’s the inside dispute between Navjot Singh Sidhu and Charanjit Singh Channi. Sonia Gandhi has as soon as once more put the accountability of Punjab Congress in Sidhu’s arms and this dispute is troubling Punjab and Punjabis daily,” Chugh advised ANI.

Punjab Meeting elections are scheduled to happen subsequent yr.

In 2017 Meeting polls, Congress received an absolute majority within the state by profitable 77 seats and ousted the SAD-BJP authorities after 10 years. Aam Aadmi Occasion emerged because the second-largest celebration profitable 20 seats in 117-member Punjab Legislative Meeting. The Shiromani Akali Dal (SAD) may solely handle to win 15 seats whereas the BJP secured three seats.

(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)