Centre stopping GST compensation grant has increased fiscal deficit by Rs 18,000 crore: Navjot Sidhu

#NavjotSinghSidhu #GST #PunjabPolls Read story here: tinyurl.com/4tftnw2b Asking the state to wake up to the reality of state’s fiscal condition and “hypocrisy of the central government”, PPCC president Navjot Singh Sidhu has revealed the dark side of the state economics. Addressing a rally held by Sanaur Congress leader Harinder Pal Singh Harry Mann, Sidhu said the Congress would form the next government which would work for the betterment of the state and its residents. “It is revealed that the income generated from tax collection and grant of central government schemes amounts to Rs 75,000 crore. However, salaries and pensions, interest expenditure on previous loans and repayment of principal loan amount itself comes to Rs 100,000 crore which is a fixed expense of the state. This has caused the state to be in continuous debt,” said Sidhu. The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees. Subscribe for more videos: youtube.com/c/TheTribunechd Like us on Facebook: www.facebook.com/TheTribuneChd/ Follow us on Twitter: twitter.com/thetribunechd Download The Tribune App: goo.gl/YyBCw9

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