Centre Cuts Punjab's Borrowing Limit Amidst Debt Concerns

The Indian government has reduced how much money the state of Punjab can borrow.

This is because Punjab has a lot of debt and needs to pay for things like electricity subsidies.

The state government wanted to borrow a lot more money, but the central government said no.

The opposition party says that the current government is not managing money well, leading to more debt.

They point out that the state's debt is growing rapidly and that the government is borrowing too much.

They also claim that this will burden the citizens.

The government has borrowed a large amount already, close to its limit for this year.