AAP pushing state into debt trap: Dhillon
Chandigarh, Aug. 24 -- Punjab BJP president Kewal Singh Dhillon on Sunday launched a sharp attack on the Aam Aadmi Party (AAP) government, alleging that it had pushed Punjab into a debt trap instead of putting the state on the path of development, the burden of which will have to be borne by future generations as well. Dhillon said before the AAP government came to power, Punjab had a debt of approximately Rs.2.82 lakh crore, which has increased to around Rs.4.5 lakh crore during the nearly four-and-a-half-year tenure of the present government.
He said the government was continuously raising fresh loans, yet there had been no corresponding substantial improvement in state's revenue, productive capacity or infrastructure. "The seriousness of Punjab's financial situation can be gauged from the fact that Powercom is now preparing to raise a fresh loan of Rs.10,000 crore. Earlier, GMADA had also decided to raise Rs.15,000 crore," he said.
Shiromani Akali Dal leader Daljit Singh Cheema targeted the AAP government, alleging that it was planning to raise loans worth Rs.25,000 crore through GMADA and PSPCL for its "expansion activities in other states". Addressing the media at Anandpur Sahib, Cheema alleged that the AAP government had pushed Punjab's debt burden to around Rs.4.5 lakh crore and claimed that every Punjabi was now carrying a debt burden of approximately Rs.1.5 lakh. htc...
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