He sought PM Modi's intervention to settle a Rs 31,000 crore debt, resulting from the cash credit limit legacy gap of Rs 12,500 crore along with an interest of Rs 18,000 crore.
At least Rs 3,240 crore would be needed to be spent every year on debt servicing for the next 20 years at the cost of the welfare schemes of the state, Mr Singh said, urging that the entire matter be relooked at and the burden be proportionately shared by all agencies concerned in a fair manner.
The Food and Public Distribution Department has repeatedly assured Punjab government of addressing the issue, but there has been no resolution, Mr Singh said.
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