Debt-to-GSDP ratio down 4 pc to 44.47 pc under AAP regime, says Punjab FM Cheema
GST
Dated:- 3-3-2026
PTI
Chandigarh, Mar 3 (PTI) Punjab Finance Minister Harpal Singh Cheema on Tuesday said the AAP government has brought down the debt-to-GSDP ratio by four percentage points to 44.47 per cent and also claimed it was spending 85 per cent of borrowings on servicing old debt raised by previous SAD-BJP and Congress regimes.
Cheema junked claims of opposition parties who have been targeting the AAP over the rising state debt and blamed the previous governments of pushing the state into the “debt trap”.
The FM was speaking to reporters here while highlighting the achievements of his department as the AAP government completes fo
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