Bills worth Rs 1600 cr pending as Punjab’s fiscal woes worsen
- VAT collections hint at a shortfall of Rs 500 cr this fiscal
- Only urgent payments being released
- Govt’s pre-poll sops mean Rs 2,000-cr annual burden
Chandigarh, February 6...
Chandigarh, June 26: Through better fiscal management and revenue collection and reduction in expenditure, the Punjab government hopes to increase the annual budget plan size from the existing Rs 5,111 crore to Rs 10,000 crore in the next five years.
TORONTO (CP) - Ontario Premier Dalton McGuinty raised the stakes Tuesday in his ongoing funding feud with Prime Minister Paul Martin, demanding an admission that Canada's richest province pays Ottawa billions of dollars more each year than it gets back in federal programs and transfers...