Punjab finance and taxation minister Harpal Singh Cheema says the state has committed to reducing the debt- GSDP ratio of Punjab by a minimum of 1% every year during the award period (2026-27 to 2030-31) of the finance commission.
The Economic Survey 2024 showed India's GDP may grow between 6.5-7% this year and retail inflation declined to 5.4% during 2023-24, compared to 6.7% previously.