20
Sep
Chandigarh (Gurpreet Singh): The Punjab government has raised eyebrows yet again by borrowing Rs 1,000 crore through the issuance of State Development Loans (SDLs), despite consistent public assurances that the state's treasury remains in stable condition. The loan was raised on September 18 at an interest rate of 6.98%, according to official data. This marks the sixth straight month the state has sought funds from the open market, further intensifying concerns about its long-term fiscal roadmap. Repayment Due by 2033 As per the official notification, the borrowed amount will be paid back over a period of eight years, with the…
