Punjab Chief Minister Bhagwant Mann seeks support from World Bank on fiscal prudence

Punjab Chief Minister Bhagwant Mann connected Friday sought practice from the World Bank for infrastructure development, quality assets development, too societal payment initiatives and fiscal support.

At a gathering with World Bank Country Director for India Auguste Tano Kouame here, the Chief Minister presented a lawsuit for fiscal assistance to the state.

Mann highlighted the government's committedness to fiscal and organization resilience, too emphasising the request for fiscal enactment to thrust growth, amended nationalist services and heighten the wide prime of beingness for its citizens.

He showcased state's beardown betterment agenda, focusing connected fiscal prudence, improved governance and enhanced work transportation arsenic a cardinal origin successful its quest for fiscal assistance.
The Chief Minister said projected fiscal assistance is expected to enactment Punjab's improvement priorities, including infrastructure development, quality assets improvement and societal payment initiatives.

He said with this important development, Punjab "is poised to instrumentality a large leap guardant successful its travel towards prosperity and growth".

Mann said situation "is the large thrust country of the authorities and it is giving apical precedence to conservation of groundwater".

The Chief Minister said the authorities "is reviving aged h2o resources and trying to supply canal h2o to maximum portion of the irrigation land, thereby reducing the depletion of energy connected 1 manus and checking the depletion of crushed h2o connected the other".

He said lining of canals, reviving of aged h2o courses (khals) and different initiatives are being taken truthful that farmers tin capable to usage maximum aboveground water.

Mann said owed to efforts of the authorities successful the past 2 years groundwater level has accrued by astir 1 metre.

The Chief Minister said the authorities has designed a programme for star cultivation pump sets, adding it volition summation the income of farmers manifold.

World Bank Country Director Kouame acknowledged state's imaginable for maturation and improvement and expressed their willingness to enactment state's endeavours, recognising the value of a beardown and resilient nationalist fiscal absorption framework.

He said that the slope is looking for practice areas and fiscal prudence, information sharing and services successful ample cities.