Punjab finance minister sacked

October 13th, 2010 - 3:08 pm ICT by IANS  

Chandigarh, Oct 13 (IANS) Punjab Finance Minister Manpreet Singh Badal was Wednesday dismissed from the ministry headed by his uncle, Chief Minister Parkash Singh Badal.

The finance minister was dropped from the ministry owing to his recent statements regarding the Rs.700 billion (Rs.70,000 crore) debt on the state.

He had demanded that the ruling Shiromani Akali Dal do away with subsidies and freebies like free power to farmers to wriggle the state out of a debt trap.

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