Warring hits out at AAP govt over state's 'dismal' fiscal health
Chandigarh, March 14 -- Punjab Congress president Amarinder Singh Raja Warring on Friday said that the NITI Aayog's latest Fiscal Health Index (FHI) of 18 major states has exposed the Aam Aadmi Party's (AAP's) fake claims of progress in Punjab as the state has been placed at the bottom of the index.
Warring said that Punjab has been ranked at the bottom of 18 major states in the country on the FHI, adding that NITI Aayog report is a scathing indictment of the AAP's colossal failure, which has pushed the state to virtual bankruptcy.
Niti Aayog released the second edition of the FHI for financial year 2023-24 in New Delhi on Wednesday, suggesting that states with widening revenue deficits should prioritise aligning revenue expenditure with sustainable revenue growth.
Punjab, West Bengal and Kerala are at the bottom of the rankings. Punjab scored 12.4 out of 100, performing poorly on all parameters, including quality of expenditure, fiscal prudence, debt index, revenue mobilisation, and debt sustainability. The Punjab Congress chief said the Congress warned the government against its "wanton extravagance" at the cost of the state's fiscal health and the consequences are before everyone. htc...
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