Expressing shock at the latest findings of the Niti Aayog, senior leaders Bikram Singh Majithia and Dr Daljit Singh Cheema said the AAP had failed comprehensively on all five parameters of the national fiscal health index — quality of expenditure, revenue mobilization, fiscal prudence, debt indices, and debt sustainability.
The Shiromani Akali Dal (SAD) criticised chief minister Bhagwant Mann’s performance after Punjab ranked last among 18 major states in the National Fiscal Health Index 2025.
Earlier on 24 January 2025, the Hon’ble Chairman of the 16th Finance Commission, Dr. Arvind Panagariya, launched the inaugural issue of NITI Aayog’s report titled “Fiscal Health Index (FHI) 2025” in New Delhi, in the august presence of Shri Suman Bery, Hon’ble Vice Chairman, NITI Aayog; Dr. Arvind Virmani, Hon. Member, NITI Aayog; Shri BVR Subrahmanyam, CEO, NITI Aayog; Dr. Anoop Singh, Distinguished Fellow, NITI Aayog and other senior officials. The report provides a comprehensive assessment of the fiscal health of 18 major States, based on five key sub-indices: Quality of Expenditure, Revenue Mobilisation, Fiscal Prudence, Debt Index, and Debt Sustainability, along with insights into state-specific challenges and areas for improvement.
Expressing shock at the latest findings of the Niti Aayog, senior leaders Bikram Singh Majithia and Dr Daljit Singh Cheema said the AAP had failed comprehensively on all five parameters of fiscal health index — quality of expenditure, revenue mobilisation, fiscal prudence, debt indices, and debt sustainability.
“Punjab won the dubious distinction of allocating only 10% of the total development expenditure on capital expenditure which is proof that the AAP government has diverted public funds for party use. The SAD demands a high-level probe into this diversion of funds,” the leaders said.
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