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“In 4 months, April until July, the GST (items and providers tax) assortment within the state jumped by 24.15 per cent,” mentioned Cheema whereas addressing the media right here.
Sharing particulars, Cheema mentioned the state’s GST assortment from April until July stood at Rs 7,243 crore in comparison with Rs 5,834 crore mopped up within the corresponding interval of the final fiscal.
On excellent debt, Cheema mentioned the state authorities repaid debt, together with the curiosity element, amounting to Rs 10,366 crore in these 4 months.
He, nonetheless, mentioned the federal government borrowed Rs 8,100 crore from April to July.
The minister additionally mentioned the state authorities gave monetary help of Rs 525 crore to Punjab State Cooperative Agricultural Financial institution for bailing it out.
Cheema additional famous that the AAP authorities was dedicated to fulfil all its guarantees made to the folks of Punjab.
