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Himachal's Economic Crisis: Sukhu Govt Borrows ₹1,030 Crore, How Will Funds Be Used?
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Himachal's Sukhu Govt Takes 1,030 Cr Loan Amidst Economic Crisis
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News18
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27-02-2026, 10:45
Himachal's Sukhu Govt Takes 1,030 Cr Loan Amidst Economic Crisis
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Himachal Pradesh's Sukhu government has secured a loan of 1,030 crore rupees to address the ongoing economic crisis.
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The Finance Department issued a notification confirming the 20-year loan, starting March 4, 2026, and maturing on March 4, 2046.
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Funds are earmarked for proposed development schemes, infrastructure strengthening, and public welfare programs.
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The state government obtained necessary central government permission under Article 293(3) of the Constitution.
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Himachal's debt has surged from 48,000 crore in 2017 to over 1 lakh crore, with the Sukhu government adding 35,000 crore in 3.5 years.
Read Full Article on News18 in Hindi
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