Punjab Districts BISP July 2025 Payments With the presentation of the state’s budget plans on March 26, the Punjab Cabinet has decided to convene the budget session from March 21 to 28. Chief Minister Bhagwant Mann led a meeting of the Punjab cabinet where this decision was reached. Originally set at 11 a.m. After arriving at the CMR, three ministers, Aman Arora, Laljit Singh Bhullar, and Dr. Baljit Kaur, left after half an hour because of the delay. They returned at 1 pm, accompanied by other cabinet members, and the meeting lasted just over an hour.
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Punjab proposes a huge supplemental budget of Rs 510 billion for 2024–2025.
A significant recruiting drive was indicated by the Rs18.57 billion spent on opening positions with the Punjab Education Recruiting Authority (PERA). Amounts allocated for defence included Rs5.86 billion for the purchase of 25 bulletproof vehicles for the Counter Terrorism Department (CTD) and Rs5.27 billion for checkpoints along the border. A journalist delegation was given Rs4 million, while Rs 100 million was allocated to the Ajoka Theatre for artistic and media purposes. Projects aimed at developing infrastructure were also selected. A massive Rs 25 billion was set aside for acquiring land for the new Medical City, while the government also spent Rs65.65 billion on its Apni Chhat, Apna Ghar housing scheme.
The budget is presented on March 26 at the Punjab Budget Session, which spans from March 21 to March 28.
According to a Chief Minister’s Office spokeswoman, the Cabinet approved the recommendation to be sent to Governor Gulab Chand Kataria, who has the authority to formally call. According to the spokeswoman, the governor will speak on March 25, and then there will be a discussion about it. Cheema previously told the media that the budget for the fiscal year 2025–2026 would be unveiled on March 26. To provide pupils with technical training, the Cabinet authorized the opening of 40 “Hunar Sikhiya” schools (School of Applied Learning) around the state.
Early trading saw a drop in markets due to selling pressure in IT equities.
- Following the release of its June quarter earnings, Tata Consultancy Services saw a nearly 2% decline in trading among the Sensex companies.
- Even though revenues climbed at a slow rate, TCS, the largest IT services business in the nation, reported a 6% increase in the June quarter net profit at Rs 12,760 crore.
- As the company encountered challenges in its major markets amid the winding down of the BSNL arrangement that aided it in recent quarters, rupee revenue increased 1.3% to Rs 63,437 crore during the quarter, but was down more than 3% on a constant currency basis.
Budget Analysis for Punjab for 2025–2026
- With borrowings excluded, receipts are projected to reach Rs. 1,12,431 crore in 2025–2026, an 8% increase over the updated forecast for 2024–2025.
- The revenue shortfall for 2025–2026 is projected to be 2.7% of GSDP (Rs 23,957 crore), but the revised estimate stage for 2024 and 2025 showed a revenue deficit of Rs 28,685 crore, or 3.5% of GSDP.
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Plans for the 2025–2026 Budget
- Compared to the updated 2024–2025 forecast, this is a 4% increase. It is suggested that Rs 1,12,431 crore in receipts (less borrowings) and Rs 31,701 crore in net borrowings be used to cover this expense.
- It is anticipated that receipts for 2025–2026 (apart from borrowings) will rise by 8% over the updated projection for 2024–2025.
- In contrast to the 3.5% revenue deficit of GSDP at the revised estimate stage of 2024–2025, the state projects a revenue shortfall of 2.7% of GSDP (Rs 23,957 crore) in 2025–2026.
Goals for Debt, Deficits, and FRBM in 2025–2026
- The government must borrow money to pay for those expenses that don’t enhance its assets or decrease its obligations when there is a revenue gap. According to the budget, the revenue shortfall for 2025–2026 will be Rs 23,957 crore, or 2.7% of the GSDP.
- The government borrows money to bridge this shortfall, which raises the overall liabilities. The federal government has allowed states to have a fiscal deficit of up to 3% of their gross state domestic product year 2025–2026. There will also be more financing capacity available for specific power sector reforms up to 0.5% of GSDP. For capital expenditures that are outside of the states’ borrowing caps, the federal government also offers states 50-year interest-free loans.
- A few other obligations that are backed by the government are not included in the state debt. Contingent in nature, under which some circumstances, states could be required to uphold. State Public Sector Enterprises’ (SPSEs’) borrowings from financial institutions are guaranteed by the state government.
Conclusion
Rs 3,500 crore has been allocated for infrastructure development in rural regions. This plan calls for projects like sewage treatment system installation, streetlight installation, canal restoration, playground development, and pond cleanup. In 2025–2026, Rs 150 crore has been set aside for a drug census in Punjab. It will gather data on the rate of drug use in the state. To further stop the smuggling of weapons and drugs across international borders, Rs 110 crore has been set aside for the deployment of anti-drone equipment and 5,000 home guards in conjunction with the Bisp.