AAP govt committed to reduce Punjab's debt burden: FM Cheema

Updated: few hours ago

Chandigarh, Jun 29 (PTI) Finance Minister Harpal Singh Cheema on Wednesday said the Bhagwant Mann-led government is committed to reduce Punjab's debt burden.

Speaking in the Punjab assembly during a discussion on budget estimates, Cheema said the state has an annual borrowing limit of Rs 55,000 crore.

"But we will not raise more than Rs 35,000 crore and we will also repay Rs 36,000 crore of debt,” said Cheema during the ongoing assembly session.