During the 2026-27 fiscal, net borrowing is estimated at ₹39,970.65 crore as per the government’s budget estimates, taking the outstanding debt to ₹4.47 lakh crore by the end of the year.Amid growing criticism from the opposition over rising debt and the alleged deterioration in the state’s fiscal health, the Punjab government plans to raise a total loan of ₹9,500 crore through market borrowing during the first quarter of the 2026-27 financial year. [...]