Punjab govt releases Rs 405.34 cr to clear pending payments under various schemes
The Punjab Government on Thursday released funds to the tune of Rs 405.34 crore towards payment of various schemes and development projects
Chandigarh: The Punjab Government on Thursday released funds to the tune of Rs 405.34 crore towards payment of various schemes and development projects including sum of Rs 197.46 crore on account of social security pensions/other financial assistance schemes and Rs 86 crore for Smart Phones.
According to an official spokesperson these funds have been released to boost the tempo of overall development and growth in the state with a directive from Chief Minister Captain Amarinder Singh to all the departments to intensify its efforts for additional resource mobilisation by cutting down wasteful expenditure to further consolidate state’s fiscal position especially due to sluggish economy amid Covid-19.
A sum of Rs 64.19 crore has been released on account of Mid Day Meals and Rs 18.36 crore for Pradhan Mantri Awas Yojana (Gramin) Schemes. Likewise, Rs 15.15 crore had been released for salaries to the staff under the scheme for setting up of Ghallughara and other Memorials besides Rs 15.12 crore for clearing pending bills under centrally sponsored and NABARD Schemes.
Apart from these, Rs 4.40 crore has been released to District Treasury Kapurthala for making payment of pending bills related to 550th Prakash Purb celebrations of Sri Guru Nanak Dev Ji. Similarly, an amount of Rs 3.40 crore has been released under Skills Strengthening for Industrial Value Enhancement (STRIVE) and Rs 1.26 crore to fund various development schemes being executed by NABARD in Faridkot district.