The financial treasury has reached Punjab on the verge of becoming empty, due to which the situation in the state has become extremely bad. In such a situation, Punjab Finance Minister Manpreet Singh Badal has written a letter to Chief Minister Captain Amarinder Singh on a foreign tour, warning that the treasury is empty and bills worth 5000 crores are pending. According to sources, Manpreet Badal has written a letter to the Chief Minister, telling the entire financial situation of Punjab and appealed to him to return from the foreign tour at the earliest. According to sources, Manpreet has also asked the Chief Minister to come back from abroad immediately and hold an emergency meeting so that a solution can be found to get Punjab out of its financial condition.
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According to the media report, the situation of financial emergency in the state has become due to the emptying of the treasury of the Punjab government. Finance Minister Manpreet Singh Badal has returned to Delhi after meeting Finance Ministers of other states. In Delhi, he has demanded from the central government that 4000 crores GST be released immediately. So that it can be used to fill the pending bills and try to overcome the financial crisis.
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Principal Secretary of Finance Department, Anirudh Tiwari has issued orders to all departments to take immediate action for the recovery of arrears. Apart from this, we have asked to consider measures to increase income. According to the information received, there is a decrease of 5 percent in the state government's income compared to the previous year. At the same time, income from GST (GST) has also decreased, which has a direct impact on the state's financial condition.
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