Rs 36,427.90 crore will go towards paying salaries, Rs 20,750.11 crore towards payment of pension and Rs 24,995.49 crore for interest payment on loans
March 26, 2025 1:47 pm
Punjab Finance Minister Harpal Singh Cheema on Wednesday presented a Rs 2.36 lakh crore Budget, which focuses on tackling drug menace in the state, and allocated a whopping Rs 5,598 crore for the health sector.
No fresh taxes were imposed in the Budget for financial year 2025-26. It was silent on giving monthly Rs 1,000 to women which was one of the poll promises of the AAP before coming to power.
This marks the fourth Budget presented by the Aam Aadmi Party (AAP) government, and it prioritises the state’s ongoing efforts to fight drugs through the ‘Yudh Nasheyan Virudh’ (war against drugs) campaign.
During his Budget speech in the Punjab Assembly, Cheema talked about AAP-led Punjab government's anti-drug campaign to check drug scourge.
Cheema said the Punjab government is going to carry out the first-ever "drug census" in the state. This census will cover every household of Punjab and will collect data to understand the prevalence of drugs, usage of de-addiction centres, etc, besides collecting data on socio-economic status of the people of Punjab, he said.
This data will be used to craft an effective and scientific strategy to eradicate the drug menace.
Cheema also highlighted the state’s efforts to achieve fiscal consolidation. He mentioned that the revenue deficit and fiscal deficit are expected to be 2.51 per cent and 3.84 per cent respectively by the end of the 2025-26 financial year.
March 26, 2025 1:47 pm
March 26, 2025 1:02 pm
March 26, 2025 1:01 pm
March 26, 2025 12:15 pm
March 26, 2025 12:13 pm
Rs 10,302 crore to be spent on creation of capital assets
March 26, 2025 12:12 pm
It will include Rs 63250 crore as Own Tax Revenue, Rs 25,703 crore as share from central taxes and Rs 10,576 crore as grant in aid from Centre
March 26, 2025 12:07 pm
New court complexes to be set up at Dera Bassi, Khanna and Patran
March 26, 2025 12:07 pm
Rs 54 crore allocated for Nawanshahr to build a heritage street and auditorium
March 26, 2025 12:06 pm
Rs 1650 crore for grant in aid to PAU, PU, GADVASU, Punjabi University and GNDU
March 26, 2025 12:05 pm
This is 12 per cent of total expenditure. Solar panels to be installed in schools.
March 26, 2025 11:58 am
March 26, 2025 11:58 am
This includes Rs 9992 crore for agriculture consumers, Rs 7614 crore for domestic consumers and Rs 2000 crore for industrial consumers. Last year, the total power subsidy was Rs 21910 crore. This means power subsidy is down by Rs 2306 crore.
March 26, 2025 11:57 am
March 26, 2025 11:56 am
Of this, Rs 9,992 crore will be used for free power to farmers.
March 26, 2025 11:52 am
March 26, 2025 11:52 am
March 26, 2025 11:51 am
March 26, 2025 11:50 am
Those who have defaulted on repaying loans taken from Punjab Scheduled Castes Land Development and Finance Corporation - till March 31, 2020- will get a loan waiver. 4640 to benefit from this scheme.
March 26, 2025 11:49 am
Punjab government to bear the balance of Rs 70, says Cheema.
March 26, 2025 11:48 am
March 26, 2025 11:46 am
March 26, 2025 11:40 am
It will have stalls representing all states/UTs. Artisans from across the country will display their products in stalls at this mall. Rs 80 crore allocated for this.
March 26, 2025 11:39 am
Industry to get additional incentives of Rs 250 crore for financial incentives to industry.
March 26, 2025 11:39 am
March 26, 2025 11:35 am
March 26, 2025 11:34 am
March 26, 2025 11:30 am
Focus on cleanliness, water supply, sewage, roads and street lights in 166 towns and cities. Rs 140 crore to be spent for creating “model streets” in major cities.
March 26, 2025 11:27 am
Rs 5 crore to be spent in each of 117 constituencies.
March 26, 2025 11:26 am
It is being brought to improve infrastructure in all 12,581 villages of the state. These include rejuvenation of village ponds, setting up sewerage treatment plant, restoring the irrigation channels to provide canal water, construction of playgrounds in villages and installing streetlights. All broken link roads in villages to be repaired for which Rs 2,873 crore has been allocated.
March 26, 2025 11:23 am
Rs 778 crore has been allocated for this initiative of providing health insurance.
March 26, 2025 11:21 am
So far 45 lakh families get government health insurance. Under this Budget, all 65 lakh families to get free health insurance. The insurance cover for the families have been increased from Rs 5 lakh to Rs 10 lakh.
March 26, 2025 11:18 am
Cheema says Emergency Response Vehicles—758 four wheelers and 916 two wheelers—to be bought, for which Rs 125 crore have been allocated.
March 26, 2025 11:17 am
3,000 indoor gyms to be set up, says Cheema.
March 26, 2025 11:15 am
Every village to have playgrounds and indoor gyms in every village. Facilities to be provided in villages for locally popular sports. On a pilot basis, 87 playgrounds already built in Tarn Taran.
March 26, 2025 11:14 am
We are moving towards fiscal consolidation. The a revenue deficit and fiscal deficit will be 2.51 per cent and 3.84 per cent by the end of 2025-26, says Cheema.
March 26, 2025 11:13 am
Cheema says the census will cover every household to understand prevalence of drugs, usage of de-addiction centres, etc and collect data on socio-economic status of people. This will help create effective and scientific strategy to eradicate the problem of drugs.
March 26, 2025 11:07 am
Big focus in the Budget proposals is on 'Yudh Nasheyan Virudh' campaign of the state government. A first ever drug census is to be carried out in the coming year.
March 26, 2025 11:02 am
Cheema is presenting a Budget of Rs 2.36 lakh crore. This is a futuristic budget, and is a “Badalda Punjab Roadmap for 2025-26”, he says. Tribune photo: Ravi Kumar
March 26, 2025 10:58 am
Tribune photo: Ravi Kumar
March 26, 2025 10:57 am
March 26, 2025 10:54 am
Sources say the proposals for 2025-26 will showcase the fiscal consolidation that the AAP regime has been able to achieve in the past three years.