Are votebank politics driving state government coffers empty?
On Prime Time, a discussion on the ongoing debt crisis in the Punjab government and over allegations that vast amount of government properties have been mortgaged to banks. We ask whether the overwhelming numbers of social welfare schemes are too much for state governments to bear. Was there a financial mismanagement of the treasury? Punjab figures among the most debt stressed states in India after West Bengal, Kerala and Uttar Pradesh.
According to Times of India Report : The last place from where you expect a state government to raise funds is jails and a widow home. But that is precisely what the Punjab government has done in the past two months to tide over its severe financial crisis.
video: NDTV
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