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HP debt at Rs 1 trn, govt spending Centre's aid on giving salaries: BJP

Business Standard LogoBusiness Standard1d ago

HP debt at Rs 1 trn, govt spending Centre's aid on giving salaries: BJP - Business Standard

Quick Summary:

While addressing a press conference in Shimla, Nanda said that despite receiving Rs 11,000 crore in financial aid from the central government for various schemes, the state government is using that money for salaries and pensions instead of development.

BJP Himachal Pradesh Media In-charge Karan Nanda on Saturday lashed out at the Congress-led state government for increasing the state's debt to one lakh crore and demanded that it reveal where the funds are being utilised.

He further pointed out that with the central government's Rs 11,000 crore funding, the state government had been using Rs 1,000 crore each month just to pay the salaries of employees.


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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-08 @ 15:53:56 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 298 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26738199

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Official Website: business-standard.com

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