Amid concerns over mounting state debt, the Punjab government plans to raise loans worth ₹13,000 crore between July and September to meet its financial requirements. The state will raise ₹5,500 crore in July, ₹3,500 crore in August, and ₹4,000 crore through market borrowings during the second quart»»»

Punjab's Finance Minister Harpal Singh Cheema calls for sharing the Reserve Bank of India's large dividend with states. He warns that taking too much from the RBI could harm India's long-term economic strength. Cheema emphasizes cooperative federalism and fiscal fairness. He also stresses the impor»»»