CAPT AMARINDER LED PUNJAB GOVT RELEASES Rs.335 CR FOR DEVELOPMENT PROJECTS & SCHEMES

SEPTEMBER SOCIAL SECURITY PENSIONS TO THE TUNE OF RS 140 CR ALSO RELEASED ALONG WITH RS 39 CR DCRG BILLS Chandigarh, October 23, 2018: Backed by a strengthening economy, the Punjab government led by Captain Amarinder Singh on Tuesday released a slew of funds towards various development projects and schemes, while clearing the social security pensions for September. The government has released funds to the tune of Rs. 335 crore towards pending payments for projects and schemes of the Local Government and Punjab Infrastructural Development Board (PIDB), in addition to Rs 140 crore towards the monthly social security pensions for September. While Rs. 125 crore has been released to the Local Government Department, the PIDB has got Rs. 31 crore to boost the momentum of the ongoing infrastructural development projects. The state treasury has also cleared Death cum Retirement Gratuity (DCRG) bills of employees amounting to Rs. 39 crore, making the payment on this account up to date, according to an official spokesperson. The funds are aimed at ensuring timely payment of social security pensions to the beneficiaries, while giving a fillip to the development projects in all the priority sectors of the government. The Chief Minister has directed all the departments to intensify their efforts to mobilise additional resources for development, by cutting down wasteful expenditure to further consolidate the state’s fiscal position.