Tag Archives: Punjab

Punjab bleeding itself to stay afloat

Punjab: Deprived of cash flow and faced with a huge subsidy bill, the cash-strapped Punjab government has virtually been selling off over Rs 400 crore of its government securities each month this year, in order to stay afloat. Since January 2009, the Punjab government has raised Rs 3,458 crore by getting its state development loans (SDL) auctioned through the Reserve ...

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World Bank sanctions Rs 1,280 Crore for Punjab

Chandigarh, Punjab: Chief Minister Parkash Singh Badal has said the World Bank had sanctioned Rs 1,280 crore to provide safe potable water in villages across the state. The Chief Minister made this announcement at a press conference held after sangat darshan programmes in eight villages of this assembly segment, which is represented by him in the Vidhan Sabha. The programmes ...

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