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    <title>15TH Finance Commission Meets the Government of Punjab “Prosperous India” not possible without a “Prosperous Punjab”.</title>
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    <description>The State presented development achievements but sought redress for a deteriorating fiscal position marked by a rising Outstanding Debt to GSDP Ratio, declining own tax revenue buoyancy, high interest payments and dominance of committed expenditure that limits developmental spending. The presentation also flagged agricultural distress driven by cropping concentration and groundwater depletion, and identified weaknesses in PRI and ULB accounting; the State sought special fiscal packages and debt relief for consideration by the Commission.</description>
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      <description>The State presented development achievements but sought redress for a deteriorating fiscal position marked by a rising Outstanding Debt to GSDP Ratio, declining own tax revenue buoyancy, high interest payments and dominance of committed expenditure that limits developmental spending. The presentation also flagged agricultural distress driven by cropping concentration and groundwater depletion, and identified weaknesses in PRI and ULB accounting; the State sought special fiscal packages and debt relief for consideration by the Commission.</description>
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