Punjab Chief Minister Amarinder Singh has said that the state government would announce a new transport policy on Wednesday. Addressing his first press briefing since his government took over after assembly elections held in February on Tuesday, Singh said his Cabinet would approve setting up a Rs 100 crore Road Safety Fund at a Cabinet meeting on Wednesday.The state government will also ban truck unions. The announcement of a new policy comes two months after Singh promised one to end monopolistic control over transport. The chief minister also accused the previous state government under former chief minister Parkash Singh Badal of having raised Rs 51,000 crore in the last six months in violation of Fiscal Responsibility Act.Singh claimed that his government had inherited unpaid liabilities of Rs 13,029 crore when he took over the government in March this year. Punjab’s debt has gone up from Rs. 51,155 crore in 2007 to Rs. 1,82,183 crore in 2017 — under 10 years of the SAD-BJP rule in the state — he claimed. He also said that the registered a significant increase in the state’s revenue in the first three months of the new government.VAT revenue had gone up 33 per cent — from Rs 4,568 crore between April 1 and June 30, 2016, to Rs 6012.96 core in the same period this year, the chief minister said, adding that his government had gained Rs 1,016 crore in excise auctions held this year — a 23.1 per cent increase from last year.
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