Articles

Punjab Govt Releases Rs. 405.34 Cr To Clear Pending Payments Under Various Schemes And Development Projects

PUNJAB GOVT RELEASES RS. 405.34 CR TO CLEAR PENDING PAYMENTS UNDER VARIOUS SCHEMES AND DEVELOPMENT PROJECTS

RS. 197.46 CR RELEASED ON ACCOUNT OF MONTHLY SOCIAL SECURITY PENSIONS TO 25.57 LAKH BENEFICIARIES

Chandigarh, November 12: The Punjab Government on Thursday released funds to the tune of Rs. 405.34 crore towards payment of various schemes and development projects including sum of Rs. 197.46 crore on account of social security pensions/other financial assistance schemes and Rs. 86 crore for Smart Phones.

According to an official spokesperson these funds have been released to boost the tempo of overall development and growth in the state with a directive from Chief Minister Captain Amarinder Singh to all the departments to intensify its efforts for additional resource mobilisation by cutting down wasteful expenditure to further consolidate state’s fiscal position especially due to sluggish economy amid Covid-19.

The spokesperson further said that Rs. 197.46 crore has been released for making payment towards social security pensions and other financial assistance schemes, to nearly 25.57 lakh beneficiaries including elderly, widow and destitute women, dependent children and disabled, for the month of October 2020 paid in November 2020.

A sum of Rs. 64.19 crore has been released on account of Mid Day Meals and Rs. 18.36 crore for Pradhan Mantri Awas Yojana (Gramin) Schemes. Likewise, Rs. 15.15 crore had been released for salaries to the staff under the scheme for setting up of Ghallughara and other Memorials besides Rs. 15.12 crore for clearing pending bills under centrally sponsored and NABARD Schemes. Apart from these, Rs. 4.40 crore has been released to District Treasury Kapurthala for making payment of pending bills related to 550th Prakash Purb celebrations of Sri Guru Nanak Dev Ji. Similarly, an amount of Rs. 3.40 crore has been released under Skills Strengthening for Industrial Value Enhancement (STRIVE) and Rs. 1.26 crore to fund various development schemes being executed by NABARD in Faridkot district.

Also See:

newsonline

Recent Posts

Salesforce Brings The First Edition of Agentforce World Tour To Delhi

Salesforce, the worlds #1 CRM, powered by AI technology and capabilities, today hosted India's first…

11 hours ago

Metropolis Healthcare unveils Key Findings from Molecular Genomics Study in honour of Lung Cancer Awareness Month

Lung cancer remains one of the most prevalent and deadly cancers globally, with approximately 2.2…

11 hours ago

Sachidanand Upadhyay: A Visionary Leader Dedicated to Building Better Tomorrow

At Lord's Mark Industries Limited, led by Sachidanand Upadhyay, we are committed to fostering positive…

12 hours ago

HDFC Life Launches ‘The Missing Beat – Second Chance’

After the success of the first phase of 'The Missing Beat', a campaign aimed at…

12 hours ago

Raghu Vamsi Aerospace Group Lays Foundation Stone to Build New Facility in Hyderabad with the Investment of Rs.300 Crore

Laid the foundation stone by Shri D. Sridhar Babu, Minister of IT, Electronics, Communications, Industries…

12 hours ago

Global Recognition for Chitkara University in Times Higher Education Interdisciplinary Science Rankings 2025

Chitkara University has earned a prominent place on the global academic stage, ranking 161st in…

12 hours ago