Capt Amarinder Singh, Chief Minister.
Tribune News Service
Chandigarh, August 21
Chief Minister Capt Amarinder Singh will be in Delhi on Friday to meet the chairmen of the Niti Aayog and 15th Finance Commission in connection with the the settlement of Rs 31,000-crore food loan account.
In February, the Finance Commission had notified the committee to examine and resolve the food account. The state has been seeking early resolution of the issue related to the legacy debt of Rs 30,584 crore, which was threatening to cascade into a major financial crisis for the state.
During the Commission’s visit to Chandigarh in January, the state had brought to its notice the seriousness of the potential outcome of the legacy debt, triggered by accumulated cash credit limit (CCL) gap in a span of more than a decade related to procurement of foodgrain for the Central pool in Punjab.
Most Read In 24 Hours
Don't Miss
View All
Top News
Supreme Court stays Punjab and Haryana High Court order to reopen road in front of Punjab CM's residence to public
A Bench of Justice Sanjiv Khanna and Justice Dipankar Datta ...
Indian couple, grandchild among 4 killed in multi-vehicle collision in Canada
The two of the victims, a 60-year-old man and a 55-year-old ...
Pilot injured as helicopter on its way to pick Shiv Sena leader crashes in Maharashtra's Raigad
The chopper was scheduled to pick Sushma Andhare for a publi...
Rahul Gandhi to contest from Raebareli; Congress fields Kishori Lal Sharma against Smriti Irani in Amethi
Since 1967, when Amethi saw its first election Gandhis have ...
Amethi not to have contender from Gandhi family for first time in 25 years
Considered a citadel of the Gandhi family since its creation...
