Chandigarh: Congress MLA Pargat Singh on Monday once again questioned the economic policies of the Aam Aadmi Party government in Punjab. He stated that by taking a fresh loan of ₹2,500 crore, the government pushed Punjab under a debt burden of ₹6,500 crore in less than two months.
Financial Failure Alleged
"This new borrowing exposes the government's financial failure and irresponsible approach. This is not merely a matter of financial figures, but one that directly impacts Punjab's development, employment and the lives of ordinary people," he said.
Loan Details
Pargat Singh said that according to available figures and information, the government already took a loan of ₹4,000 crore in April, and now another ₹2,500 crore loan was being raised this month. "It is also being claimed that the government is preparing to take an additional ₹2,500 crore loan in June next month," he added.
The Congress MLA called upon Chief Minister Bhagwant Mann and Finance Minister Harpal Cheema to clarify the situation regarding the repeated borrowings and Punjab's financial condition.
