{"id":10285,"date":"2024-06-14T14:38:56","date_gmt":"2024-06-14T14:38:56","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=10285"},"modified":"2024-06-14T14:38:56","modified_gmt":"2024-06-14T14:38:56","slug":"punjab-debt-rs-2-6l-crore-likely-to-cross-rs-5l-cr-in-10-years-cag","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-debt-rs-2-6l-crore-likely-to-cross-rs-5l-cr-in-10-years-cag\/","title":{"rendered":"Punjab debt Rs 2.6L crore, likely to cross Rs 5L cr in 10 years: CAG"},"content":{"rendered":"<p>The way the states finances are being managed, Punjabs  is likely to cross Rs 5 lakh crore in 10 years. This fact came to the fore in a report on State Finances for 2021-22 prepared by the Comptroller and Auditor General and tabled in the Assembly.<\/p>\n<p>The state used the borrowed funds for meeting the current consumption and repayment of interest on outstanding loans but it is not a healthy trend. During 2017-22, the government utilised between 59% and 73% of its current borrowings for repayment of earlier borrowings. State incurred 64% of the total <a href=\"https:\/\/exam.pscnotes.com\/revenue-expenditure\">Revenue Expenditure<\/a> on committed liabilities, leaving only 36% for the priority sector<\/p>\n<p>Subsidies constituted 11 per cent to 18 per cent of the revenue expenditure during 2017-22<\/p>\n<p>Power subsidy constituted a major portion of the total subsidies ranging between 68 per cent and 99 per cent<\/p>\n<p>During 2021-22, the government spent ? 8,010 crore (25 per cent of the borrowed funds) on <a href=\"https:\/\/exam.pscnotes.com\/capital-expenditure\">Capital Expenditure<\/a> which showed a notable improvement in utilisation of borrowed funds towards creation of concrete assets<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The way the states finances are being managed, Punjabs is likely to cross Rs 5 lakh crore in 10 years. This fact came to the fore in a report on State Finances for 2021-22 prepared by the Comptroller and Auditor General and tabled in the Assembly. The state used the borrowed funds for meeting the &#8230; <a title=\"Punjab debt Rs 2.6L crore, likely to cross Rs 5L cr in 10 years: CAG\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-debt-rs-2-6l-crore-likely-to-cross-rs-5l-cr-in-10-years-cag\/\" aria-label=\"Read more about Punjab debt Rs 2.6L crore, likely to cross Rs 5L cr in 10 years: CAG\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[865],"class_list":["post-10285","post","type-post","status-publish","format-standard","hentry","category-punjab","tag-17-03-23"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Punjab debt Rs 2.6L crore, likely to cross Rs 5L cr in 10 years: CAG - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-debt-rs-2-6l-crore-likely-to-cross-rs-5l-cr-in-10-years-cag\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab debt Rs 2.6L crore, likely to cross Rs 5L cr in 10 years: CAG\" \/>\n<meta property=\"og:description\" content=\"The way the states finances are being managed, Punjabs is likely to cross Rs 5 lakh crore in 10 years. This fact came to the fore in a report on State Finances for 2021-22 prepared by the Comptroller and Auditor General and tabled in the Assembly. The state used the borrowed funds for meeting the ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-debt-rs-2-6l-crore-likely-to-cross-rs-5l-cr-in-10-years-cag\/\" \/>\n<meta property=\"og:site_name\" content=\"Current Affairs Exam\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T14:38:56+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Punjab debt Rs 2.6L crore, likely to cross Rs 5L cr in 10 years: CAG - Current Affairs Exam","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-debt-rs-2-6l-crore-likely-to-cross-rs-5l-cr-in-10-years-cag\/","og_locale":"en_US","og_type":"article","og_title":"Punjab debt Rs 2.6L crore, likely to cross Rs 5L cr in 10 years: CAG","og_description":"The way the states finances are being managed, Punjabs is likely to cross Rs 5 lakh crore in 10 years. This fact came to the fore in a report on State Finances for 2021-22 prepared by the Comptroller and Auditor General and tabled in the Assembly. The state used the borrowed funds for meeting the ... Read more","og_url":"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-debt-rs-2-6l-crore-likely-to-cross-rs-5l-cr-in-10-years-cag\/","og_site_name":"Current Affairs Exam","article_published_time":"2024-06-14T14:38:56+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-debt-rs-2-6l-crore-likely-to-cross-rs-5l-cr-in-10-years-cag\/","url":"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-debt-rs-2-6l-crore-likely-to-cross-rs-5l-cr-in-10-years-cag\/","name":"Punjab debt Rs 2.6L crore, likely to cross Rs 5L cr in 10 years: CAG - Current Affairs Exam","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website"},"datePublished":"2024-06-14T14:38:56+00:00","dateModified":"2024-06-14T14:38:56+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-debt-rs-2-6l-crore-likely-to-cross-rs-5l-cr-in-10-years-cag\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/current-affairs\/punjab-debt-rs-2-6l-crore-likely-to-cross-rs-5l-cr-in-10-years-cag\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/punjab-debt-rs-2-6l-crore-likely-to-cross-rs-5l-cr-in-10-years-cag\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/current-affairs\/"},{"@type":"ListItem","position":2,"name":"Punjab debt Rs 2.6L crore, likely to cross Rs 5L cr in 10 years: CAG"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website","url":"https:\/\/exam.pscnotes.com\/current-affairs\/","name":"Current Affairs Exam","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/current-affairs\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/current-affairs\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/10285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=10285"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/10285\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=10285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=10285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=10285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}