Chandigarh December 16:
Punjab Congress president Amarinder Singh criticised the Akali-BJP government for its ''wanton borrowings'' without bothering about the fiscal health of the state.
He said despite the heavy debt on the state, the government was still borrowing money from various financial institutions and had only recently decided to borrow Rs 1850 crore more. The PCC President also sought a clarification from the Chief Minister Parkash Singh Badal on the incentives being provided to the promoters of the Bathinda oil refinery.
In a statement issued here, Capt Amarinder Singh said the state government had recently decided to borrow Rs 1850 crore from various banks. This would put an additional burden on an already accumulating debt which had crossed Rs 70,000 crore. Giving the breakup of the latest loan he said, while Rs 1100 crore were being sought for the department of local bodies, Rs 400 crores were being taken for the Greater Mohali Area Development Authority, Rs 200 crore for Ludhiana Municipal Corporation and Rs 150 crore for Bathinda Municipal Corporation.
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