1 week ago

Punjab BJP attacks AAP over rising debt and mismanagement

Punjab BJP attacks AAP over rising debt and mismanagement
Punjab BJP slams economic policies of AAP govt · thehansindia.com

Punjab BJP leader Kewal Singh Dhillon criticized the AAP government’s handling of the state’s money.

He said Punjab owed about Rs 2.82 lakh crore before the AAP government came to power.

He said the debt has now grown to about Rs 4.5 lakh crore.

Dhillon argued that borrowing more money has not led to enough new development.

He pointed to possible new loans for Powercom and GMADA.

He also said the government is paying fees to arrange these loans.

According to him, people are not seeing enough progress in jobs, industry, healthcare or education.

He questioned why employee and pensioner demands are delayed while institutions continue borrowing.

He further alleged that public money is being spent on advertisements and political publicity.

Key facts

Speaker
Kewal Singh Dhillon, Punjab BJP president
Government criticized
Aam Aadmi Party government of Punjab
Debt before AAP government
Around Rs 2.82 lakh crore
Current reported debt
Around Rs 4.5 lakh crore
Proposed Powercom loan
Rs 10,000 crore
Proposed GMADA funding
Rs 15,000 crore
Alleged concerns
Borrowing, loan-related fees, pending public demands and spending on advertisements

Quotes

Kewal Singh Dhillon

Punjab BJP president and critic of the AAP state government

“is continuously raising fresh loans, but despite this rising debt, there has been no corresponding substantial improvement in the state's revenue, productive capacity or infrastructure”
thehansindia.com
“if the government's financial position is so strong, why are government institutions repeatedly being forced to take heavy loans to meet their requirements?”
thehansindia.com

Sources

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