Monday, 15 April 2024

 

 

LATEST NEWS Cooper Corporation secures Second Place in ACMA (WR) 8th Best Practices Competition Farhan Akhtar Net Worth April 2024 | Know The Wealth of Indian actor and filmmaker Vigilance Bureau arrests ASI for accepting Rs 5000 bribe Sany India Introduces SKT105E, India’s First Locally Manufactured, Fully Electric Open Cast Mining Truck, Revolutionizing the Mining Sector DEO Sakshi Sawhney holds meeting with representatives of political parties DC Sakshi Sawhney reviews on-going wheat procurement Honda starts work on new Spare parts warehouse facility in Bengaluru Holds Ground-Breaking ceremony The 4th Edition of FAB Show 2024 Expected to Attract More Than 10,000 Buyers From 400+ Cities Across India IPL 2024: RCB vs. SRH - Can Bangalore Break Their Losing Streak? State-of-the-Art Emergency Care Unit Launched at MGM Healthcare Malar Adyar Furteela: Confusing Trailer Leaves Viewers Wondering Mohali Admin to organize Marathon for Women Voters on April 17 Padma Bhushan Er. Jaspal Bhatti Cultural Evening to be held at PEC tomorrow, on 16th April, 2024 Quarterly meeting organized by District Legal Services Authority Government hospitals to open at 8 am from April 16 NDA poised to cross 400 mark, Cong destined to reduce below 40: Devender Singh Rana Exercising ‘right to vote’ real tribute to Dr BR Ambedkar: Sakshi Sawhney People are ready to end the dictatorship of Modi-BJP Aam Aadmi Party gets stronger in Doaba, reputed Dalit leader and former MLA Pawan Kumar Tinu joins the AAP Aditya Chopra Net Worth 2024 | Know The Wealth of Producer and Chairperson of Yash Raj Films Youth power has made BJP the strongest and the largest political party in the world - Sanjay Tandon

 

AAP Govt is injurious for Punjab economy: Jaiveer Shergill

Mann Govt has put Punjab economy on ventilator: BJP

Jaiveer Shergill, Bharatiya Janata Party, BJP, BJP Punjab
Listen to this article

Web Admin

Web Admin

5 Dariya News

Chandigarh , 05 Oct 2023

BJP National Spokesperson Jaiveer Shergill has stated that he stands vindicated on his concerns about the poor fiscal health of Punjab under the Aam Aadmi Party (AAP) regime led by Chief Minister Bhagwant Mann. In a statement issued here on Thursday, Shergill said that his repeated concerns have been proved correct with the government admitting to having taken a loan of Rs 50,000 crore during its short tenure of just over one and half years. 

He said, “It would be an understatement to say that Punjab’s economy is in Intensive Care Unit (ICU) gasping for breath on a ventilator. It is the AAP government’s wrong policies and economic mismanagement that is squarely responsible for the prevailing scenario,” the BJP leader said.

Referring to the letter written by Chief Minister Bhagwant Mann to Punjab Governor Banwarilal Purohit, Shergill said, “In the letter, Mann had himself admitted that the financial position of the State is strained. Furthermore, the details of the utilization of loan mentioned in the letter clearly stated that the AAP government has contributed Rs 47,107.6 crore to the state debt in the past one-and-a-half years.”

“This completely belies the claims of the Mann government that the state’s economy is in the pink of health. It rather establishes that the economy is in doldrums,” Shergill underlined. BJP Spokesperson said that the AAP government is completely visionless and clueless, which is evident from the fact that even the budget for the fiscal year 2023-24 lacked any new avenues of enhancing revenue collection even though immediate steps were required to be taken to address the problem of ever-worsening financial crisis in the state.

“In reality, the government has no vision to create resources for revenue generation so that the state could be brought out of the red. It remains entrenched in the vicious debt trap,” Shergill asserted. Quoting some statistics, Shergill said that at the end of the financial year 2021-22 Punjab had a debt of Rs 2.82 lakh crore which increased to Rs 3.12 lakh crore at the end of fiscal year 2022-23. The debt is projected to touch a new high of Rs 3.47 lakh crore by the end of fiscal year 2023-24. 

Shergill further said that the Punjab government has also sought a moratorium of five years on repayment of debt. “This clearly exposes the government's claims that coffers are not empty. Interestingly, some ten months back, the government had out rightly rejected the idea of a moratorium but now the very same government has taken a complete U-turn on the matter,” he added. 

Asserting that the AAP government has no roadmap or blueprint to make the state debt-free, Shergill said, “The people of Punjab had high hopes but the AAP government has miserably failed to bail out the state from the burgeoning debt and revive the dwindling economy.” Shergill further pointed out that Punjab is among the most indebted states in the country and the present dispensation has put the state’s economy in the reverse gear. 

The BJP spokesperson added, “At times, the AAP government even finds it difficult to pay the salaries to the employees on time. But unfortunately, despite the fact that the state economy is bleeding, the AAP dispensation is indulging in wasteful expenditure by spending crores on advertisements and hoardings publicizing the government’s fake achievements.”

 

Tags: Jaiveer Shergill , Bharatiya Janata Party , BJP , BJP Punjab

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD