Every paisa has been paid, says Bhagwant Mann as Punjab pays back entire Rs 20,200 cr electricity subsidy for FY 22-23

Punjab Chief Minister Bhagwant Mann on Friday said that the state government has paid the subsidy bill of Rs 20,200 crore, clearing all outstanding debts owed to the electric company. In addition, the government will soon pay the legacy outstanding of Rs 9,020 crore in Instalment in five years. The CM also informed that the state has witnessed a rise of 78 per cent in the stamp duty and fee collection in the month of March. "Every paisa has been paid,” he said.

3,538 new employment in the energy sector

The chief minister further added that the government has created 3,538 new employment in the energy sector. He also stated that there wouldn't be a power shortage in the state since they would generate more energy than they could use. The state will be purchasing coal from their own mine in Jharkhand.

He said that the Rs 3 lakh crore debt on the state government was not owed by the state's residents but rather by the "wrong policies of the past governments," therefore the power subsidy will remain.

“They have been questioning us as to where the money would come from. I want to tell them that money will come from the government’s resources. We are an honest government. My ministers are honest. Earlier, the money was directed to the houses of leaders. That is how these people had money-counting machines at home,” he said.

2.25 percent reduction in stamp duty and registration fees

The Punjab chief minister also announced that the 2.25 percent reduction in stamp duty and registration fees will also be continued in April. The same was also done in the month of March which ended up showing a growth by 78 per cent.

The government had opened sand mines which eventually helped common man. In addition, he provided a list of 504 Aam Adami Clinics that have seen 21,21,350 patients overall. He also added that 134 additional "mohalla" clinics are ready.

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