Punjab government approves over 400 luxury vehicles for CM, his ministers
Over 400 luxury vehicles have been approved by the Punjab government for the chief minister, ministers, MLAs and bureaucrats, a Transport Department order said Friday.
Over 400 luxury vehicles have been approved by the Punjab government for the chief minister, ministers, MLAs and bureaucrats, a Transport Department order said Friday. The purchase of new vehicles is likely to cost around Rs 80 crore on the state exchequer, officials said.
As per the norms for vehicle entitlement, the department has approved 16 Land Cruisers, including two bullet proof, for the chief minister, 13 Mahindra Scorpios for his staff, 14 Maruti Dzire/Honda Amaze/Ertiga for the officers on special duty (OSDs) to the CM, the order said.
Besides, 17 ministers in the Amarinder Singh cabinet will be given Toyota Fortuner or Toyota Crysta, while 97 Toyota Crysta will be brought for legislators, as per the order.
With the new entitlement of vehicles, the chief minister will get Land Cruiser instead of eight Ambassadors and six Mitsubishi Monteros, ministers will now have Toyota Fortuner or Toyota Crysta in place of Toyota Camry, legislators travel mode has been upgraded from Toyota Innova to Toyota Innova Crysta, the order said.
Watch This Zee Business Video Here:
However, officials said no purchase order has been given by the state government for the new luxury vehicles so far. Farm organisations, including the BKU, criticised the order saying it would put extra burden on state exchequer. The Finance minister during the Budget Session had said the state was reeling under a debt of around Rs 1,95,978 crore.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
06:37 PM IST