https://indianexpress.com/article/explained/explained-economics/punjab-burdened-debt-rs-3-27-lakh-crore-8967929/
Punjab spending 20 per cent of annual budget on loan repayments. At the end of the last fiscal, Punjab 's debt stood at Rs 3.12 lakh crore. The government had spent a huge sum on servicing of debt and repaid Rs 15,946 crore as principal, and Rs 20,100 crore as interest on it during the last fiscal. In 2023-24 fiscal, the government would have

https://www.thehindu.com/news/national/other-states/punjab-debt-goes-up-by-over-47000-crore-experts-call-for-check-on-freebies/article67375568.ece
Punjab's debt has risen to ₹47,000 cr in 1.5 years, prompting calls to rationalise freebies. CM Mann said ₹27,000 crore went to interest payments. Economists suggest road map to come out of

https://www.thehindu.com/news/national/other-states/punjabs-financial-mess-cause-of-worry-is-that-aap-govt-not-showing-any-perceptible-departure-from-past-practices/article66599377.ece
As the Aam Aadmi Party (AAP)-led government in Punjab is nearing one year in power, the key challenge to address the ever-worsening financial crisis remains a headache, ahead of the State's

https://indianexpress.com/article/cities/chandigarh/is-punjab-economy-inching-towards-debt-trap-and-why-it-is-cause-for-worry-7900172/
If debt burden of Punjab is not alarming it is certainly a point to worry about with adequate solemnity. In 2018-19, total outstanding debt of the state was Rs 211,917 crore, which within three years escalated to Rs 273,703 crore in 2021-22 and is further estimated to shoot-up to Rs 315,748 crore in 2023-24.

https://thediplomat.com/2023/06/the-securitization-of-punjabs-political-economy-crisis/
Punjab's challenges stem from a combination of economic hardship, ecological degradation, unemployment, drug use, and political failure. In particular, several scholars have traced Punjab's

https://www.thehindu.com/news/national/other-states/punjab-has-turned-from-debt-stressed-to-a-debt-trapped-state-needs-urgent-steps-for-revival-of-growth-momentum-say-economists/article66223196.ece
Mr. Lakhwinder Singh said "..it is high time that Punjab should be granted financial package in the budget (2023-24) of the Union government. As a first step, we suggest that moratorium on debt

https://economictimes.indiatimes.com/news/india/punjab-in-economic-morass-debt-trap-white-paper/articleshow/92455900.cms
"The White Paper on the state finances is an attempt to simplify the complex issues/problems being faced by the Punjab government in the field of finance, which has become grave over time due to imprudence of governments of the past," said the 73-page document. It said the current effective outstanding debt of Punjab stands at Rs 2.63 lakh crore, which is 45.88 per cent of the SGDP.

https://timesofindia.indiatimes.com/city/chandigarh/fiscal-crisis-is-multidimensional-but-punjabs-policies-poor-study/articleshow/87456016.cms
Punjab's projected debt burden by the end of fiscal 2021-22 is Rs 2.82 lakh crore. The study says the structural problems of the Punjab economy (Representative Image)

https://indianexpress.com/article/explained/punjab-debt-aap-government-bhagwant-mann-7879846/
Punjab Chief Minister Bhagwant Mann has decided to carry out an audit of Punjab's total debt. In a tweet by Aam Aadmi Party (AAP) Punjab on Monday, Mann was quoted as saying that previous governments have left a debt of Rs 3 lakh crore. ... Vashu Bhagnani has denied facing financial troubles despite criticism for his box office failures and

https://www.tribuneindia.com/news/punjab/punjab-debt-to-double-in-five-years-cag-220568
Punjab's financial crisis is set to worsen with the public debt likely to reach Rs 3.73 lakh crore by 2024-25, according to the latest report of the Comptroller & Auditor General of India.

https://www.gktoday.in/punjabs-debt-crisis/
Punjab's Debt Crisis. October 5, 2023. Punjab, one of India's prominent states, is grappling with a severe financial crisis, burdened by mounting debt and escalating interest payments. Chief Minister Mann has appealed for a debt repayment moratorium to alleviate the state's financial woes. This article delves into Punjab's dire

https://www.indiatoday.in/opinion-columns/story/aam-aadmi-party-punjab-economy-sri-lanka-economic-crisis-1998229-2022-09-09
ALSO READ | Sri Lanka crisis: How the island nation descended into chaos; what's next As per the public statement of the Finance Minister of Punjab, the economy of Punjab is painting a state of classical debt trap where the state's outstanding debt is projected to increase from 2.83 to 3.05 lakh crores in F.Y. 2022-2023.

https://www.ptcnews.tv/cag-report-on-punjab-economic-condition-punjab-debt-to-double-in-5-years-en
CAG report on Punjab Economic Condition: Punjab's financial crisis is likely to worsen as the public debt might reach Rs 3.73 lakh crore by 2024-25, as per the latest report of the Comptroller and Auditor General of India. As per the CAG report, Punjab's public debt is expected to be Rs 3,73,988 crore by 2024-25, which will be more than

https://www.tribuneindia.com/news/comment/freebies-strain-punjabs-financial-resources-432091
The per capita debt in Punjab is the highest among all 17 general category states of India. The budgetary provision of Rs 35,000 crore loans in financial year 2022-23 will further increase the

https://theprint.in/india/governance/hospitals-without-doctors-power-cuts-in-punjabs-messed-up-finances-aaps-big-budget-test/1010710/
When the AAP came to power in Punjab on 10 March, the state had a total debt of Rs 2.82 lakh crore, according to government records. And according to the government's own estimates, said senior officials, it is likely to shoot up to Rs 3.15 lakh crore by the end of the 2023-24 financial year. When the Congress came to power in 2017, taking

https://prsindia.org/budgets/states/punjab-budget-analysis-2024-25
Note: BE: Budget Estimates; RE: Revised Estimates. Sources: Annual Financial Statement, Budget at a Glance, Punjab Budget 2024-25; PRS. Power Subsidy: In 2024-25, the state has estimated to spend Rs 20,200 crore towards power subsidy, which is 19% of its revenue receipts.No increase is estimated in power subsidy in 2024-25, as compared to the revised estimate for 2023-24 as well as actuals for

https://www.ft.com/content/fb6a6954-16f4-11e8-9376-4a6390addb44
The alleged fraud took place in the state-owned Punjab National Bank' s far-from-glamorous Brady House branch, located in a fusty colonial-era building in Mumbai's historic business district

https://www.outlookindia.com/national/aap-in-punjab-free-power-higher-pensions-and-excess-debt-news-296255
Asked about the financial crisis prevailing in Punjab after the freebies promised by the AAP, Malvinder Singh Kang says, "The financial mess created by the earlier government is the primary factor.

https://swarajyamag.com/politics/punjab-how-an-internal-crisis-is-unfolding-in-akali-dal
Jun 27, 2024, 02:15 PM | Updated 02:15 PM IST. Sukhbir Singh Badal. Senior leaders argue that the party needs new leadership to navigate out of its current crisis. The Shiromani Akali Dal (SAD) is

https://www.hindustantimes.com/cities/chandigarh-news/panjab-university-s-financial-crisis-issues-outcomes-and-proposed-solutions-from-haryana-punjab-and-ugc-explored-101685906875637.html
For instance, for the 2023-2024 academic session, UGC will pay a grant of ₹ 294 crore and Punjab ₹ 38 crore, still leaving a deficit of around ₹ 118 crore. Besides, PU also has to clear

https://www.jurist.org/news/2024/06/punjab-pakistan-imposes-protest-restrictions-as-opposition-calls-for-nationwide-demonstrations/
The Punjab, Pakistan government imposed protest restrictions on Friday citing the "law and order situation" and security threats posed by demonstrations. The order came at the time when Pakistan's previous ruling party, Pakistan Tehreek-i-Insaf had called for a nationwide protest to release its leader and Pakistan's ex-prime minister, Imran Khan from jail.

https://www.reddit.com/r/punjab/comments/17q0dbm/punjabs_financial_crisis_soch_by_mohak_mangal/
Punjab's Financial Crisis - Soch by Mohak Mangal ਸਿਆਸੀ | سیاسی | Political Locked post. New comments cannot be posted. Share Sort by: New ... The official subreddit for discussion about the politics, news, and current/historical events within and impacting the Punjab (Panjab) region. ਪੰਜਾਬ ਖੇਤਰ ਦੇ

https://indianexpress.com/article/cities/chandigarh/punjabs-financial-crisis-an-aap-creation-govt-owes-pspcl-rs-7475-cr-badal-8430489/
Stressing that the AAP government had created a man-made financial and power crisis in Punjab, Badal said that the state had borrowed Rs 45,000 crore this year but had defaulted on paying its dues to PSPCL. "It has also not done any capital investment by not taking up even one development project. It has wasted hundreds of crores on gimmicks

https://www.reddit.com/r/punjab/comments/17pyiv8/good_video_that_explains_punjabs_financial_crisis/
Crisis is there. But the Governments in Punjab lack long term vision. Also the people have not been demanding enough in this regard except the chatter of late . Only focus has been on giving subsidies.

https://www.devdiscourse.com/article/law-order/2996809-punjab-polices-massive-drug-disposal-drive-a-step-towards-a-drug-free-state
In a decisive move to curb drug trafficking, Punjab Police obliterated 83 kg of heroin, 10,000 kg of poppy husk, 100 kg of ganja, and 4.52 lakh pills at ten locations across Punjab on Wednesday. A visit by Director General of Police Gaurav Yadav to Punjab Chemical and Crop Protection Limited in Dera

https://www.indiatoday.in/information/story/indias-vanishing-aquifers-a-looming-crisis-demands-urgent-action-2558974-2024-06-27
New Delhi, UPDATED: Jun 27, 2024 14:15 IST. We are now witnessing the worst water crisis in India, which has population of nearly 18 percent of the world. We are now in the middle of a crisis that threatens not only the quantity of water resources but also the quality of water in the country especially that which is contained in the aquifers.

https://www.msn.com/en-us/money/topstories/vashu-bhagnani-reacts-to-pooja-entertainment-s-financial-crisis/ar-BB1oRvnP
Vashu Bhagnani and Jackky Bhagnani's production company, Pooja Entertainment, has recently garnered attention for unfavorable reasons. Reports indicated that the company has allegedly defaulted on

https://news.prudential.com/latest-news/prudential-news/prudential-news-details/2024/2024-Pulse-of-the-American-Retiree-Survey/default.aspx
Critically underprepared for retirement, 55-year-old Americans enter a crucial 10-year countdown to plan and prepare With just a decade until retirement, 55-year-old Americans have less than $50K in median retirement savings First modern generation confronting retirement without defined benefit pensions or full societal security benefits "Silver Squatters" to rely more on family for

https://www.cnn.com/2024/06/26/africa/kenyan-president-rejects-finance-bill-intl/index.html
CNN —. Kenyan President William Ruto said Wednesday that he will not sign a controversial finance bill, backing down in the face of mass protests that swept the country and reportedly left at

https://apnews.com/article/marthas-vineyard-housing-crisis-9e513e98d5778ca201e01ed4acfd71f9
Dukes County Sheriff Robert Ogden said the cost of housing has become a public safety issue on Martha's Vineyard, with his agency unable to maintain the 11 or so 911 operators it needs to provide lifesaving information over the phone, such as CPR instructions. Operators who stay often get burned out from working too much overtime, he said.