:dateline:The Akali Dal-BJP government still has a debt of over Rs 1.25 lakh crore ($18.7 Billion USD) and has finding�it hard to pay salaries to its staff.�Surprisingly, the�Punjab�government claimed in a statement today that state finances were sound.
The Aam Aadmi Party said the present Badal government has steered Punjab towards complete�bankruptcy and the situation has�worsened exponentially over the last ten years.�Sucha Singh Chhotepur said while the wealth of the Badal family had increased manyfold in the past few�years, small�to medium�businesses�have�been bullied to closure.
�A huge number of business units have shifted their base to other states because of interference of the Badals,� he�said, adding that the government did not have enough funds to run its daily affairs and the salaries of its had been stalled for many months.
Leaders of Punjab Pradesh Congress Committee has sought the �imposition of �financial emergency� in Punjab. They blamed the Badal party of using state resources to keep their regime alive.
In a press note shared with Sikh24, Senior leader Partap Singh Bajwa and Bibi Rajinder Kaur Bhattal have alleged that the Badal�s were selling government property to remain in power.
It is noteworthy that the�appointment of a 6th Pay commission by Akali government has sparked a sharp debate over financial crisis of Punjab. Punjab is current under debt worth Rs. 124000/- Crore and the government is close to being�declared insolvent. The government is regularly selling state property to manage its expenditures. ��
Jails and widow homes have been remortgaged to raise�2.1 million rupees to help refill an emptied treasury over the last two years.
Old Punjab in India is Doomed by
a) Debt burden
b) Cancer Causing substances in its water like Uranium
c) Drug Addiction
d) De Industrialization
As if this was not enough this Earth is also going to burn up in 4 Billion Years from now including the Indian Punjab with its Golden Temple and Akal Takth .
https://en.wikipedia.org/wiki/Future_of_the_Earth
We Really have to “Resurrect ” multiple Punjab’s in
1) “SPACE” and
2) “SPACE STATIONS”
3) “Different Planets ”
4) ‘Different Galaxies ”
5) Parallel Universes
https://www.facebook.com/balbir.singh.355
I am certain that a petition to the Indian Parliament should suffice to have this party charged and thrown out of power on this basis. However, what next – are all the other ruling parties the same??
They need to find a way to how get out of this
“DEBT TRAP”
they fell in the 80 -90 period of Punjab.
The Govt need to take help of a “ECONOMIC WIZARD’
May be they could take help from former PM
Respected Dr Manmohan Singh .
do we still need a law or state gov to tell us what is right to do ? someone just throw these two out