Punjab Finance Minister Harpal Singh Cheema. File.

Punjab Finance Minister Harpal Singh Cheema. File.
| Photograph Credit score: PTI

Punjab Finance Minister Harpal Singh Cheema on Friday demanded from the Centre a particular industrial bundle of ₹2,500 crore for Punjab, which he mentioned was a border State with excessive stakes in nationwide safety. 

He was in New Delhi the place he submitted a memorandum containing Punjab’s solutions and calls for from the Union Funds 2022-23, in a pre-budget assembly with Union Finance Minister Nirmala Sitharaman.

Mr. Cheema sought a border space particular industrial bundle of ₹2,500 crore for the event of border districts of the State, apart from elevating different main calls for. These included the decision of the money credit score restrict challenge in step with the suggestions of the fifteenth Finance Fee’s sub-committee, budgetary help of ₹1,125 crore for help to farmers quitting stubble burning, ₹1,000 crore particular help for modernization of the police pressure and policing infrastructure in delicate border districts of the State, Vande Bharat trains to run from Amritsar and Bathinda to New Delhi, and a rail hyperlink to be created between Rajpura and Chandigarh.

“Punjab being a border State with excessive stakes in nationwide safety must be thought-about together with different such areas in India as ‘particular instances’ to draw traders and industries. A particular bundle of ₹2,500 crore [may] be offered to the State of Punjab for the event of the economic sector within the border districts of Pathankot, Gurdaspur, Amritsar, Tarn Taran, Firozpur, and Fazilka,” he mentioned.

Elevating the money credit score restrict challenge, Mr. Cheema mentioned that the sub-committee notified by the fifteenth Finance Fee, beneath the chairmanship of Ramesh Chand, has clearly verified the claims of the federal government of Punjab amounting to ₹6,155 crore. He demanded an early decision of this challenge in step with the rightful claims of Punjab as said within the sub-committee’s report by offering the State with reduction of ₹6,155 crore from this “unsustainable debt burden”. 

Demanding budgetary help of ₹1,125 crore for help to farmers quitting stubble burning, the Punjab Finance Minister mentioned that the State authorities has already requested the Central authorities to help and collaborate by offering ₹1,500 per acre as compensation to farmers in lieu of the extra value to be incurred on the administration of paddy stubble and thus to deal with the menace of stubble burning and air air pollution. He requested that the Centre take into account this proposal on precedence within the curiosity of farmers in addition to frequent residents of the Nationwide Capital Area, demanding budgetary help of ₹1,125 crore within the Union Funds 2023-24 for this objective.



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