Archive · 20 Jul 2026
Centre Clarifies No Special Package for Punjab
The Central Government has said that there is no plan to give Punjab any special money or help with its debts.
The Minister of Finance, Shri Pankaj Chaudhary, told the Lok Sabha this in answer to a question.
However, Punjab has received ₹8,379 crore as a special loan from the Centre.
This loan is part of a scheme where the Centre gives money to states as a 50-year interest-free loan.
The Centre also gives money to states through other ways like grants and schemes.
The Central Government has clarified that there is no proposal for a special financial assistance package or debt-relief mechanism for Punjab.
The Minister of State in the Ministry of Finance, Shri Pankaj Chaudhary, provided this information in response to a question in the Lok Sabha.
Punjab has received ₹8,379 crore under the SASCI scheme, which provides 50-year interest-free loans to states.
The SASCI scheme has been continued in the current financial year with an enhanced overall national allocation of ₹2 lakh crore.
The Government of India provides financial resources to states through various schemes and grants, including Punjab.
- Who
- Minister of State in the Ministry of Finance, Shri Pankaj Chaudhary
- What
- Clarification on no special financial package for Punjab
- When
- Monday (specific date not mentioned)
- Where
- Lok Sabha
- Why
- In response to an unstarred question raised by Member of Parliament Dr. Dharamvira Gandhi
- State
- Punjab
- Central Government's Stance
- No special financial assistance package or debt-relief mechanism under consideration
- SASCI Scheme
- 50-year interest-free loan provided to states
- Funds Provided to Punjab
- ₹8,379 crore
- Current Financial Year Allocation
- ₹2 lakh crore