Punjab finance minister Parminder Singh Dhindsa has blamed the slow economic growth in the country for the state’s inability to reach its target of economic growth.
While dedicating basic amenities like toilets and RO system to Government High School in Sadhugarh, he said, “Punjab has failed to achieve its target of economic growth of 7 to 8 per cent due to the slow economic growth throughout the country. However, despite adverse conditions the state has been able to maintain the growth rate of 5 percent during past few months.”
Dhindsa said that the new policies of the central government would lead to the economic growth in the state. When asked about the fiscal health of the state he refrained from making any comment.
On the issue of providing compensation to farmers for crop loss Dhindsa said chief minister Parkash Singh Badal had recently met the Prime Minister to discuss the issue. He said that even though government agencies were purchasing the Basmati 1509, the government was yet to finalise the support price of the Basmati.