"This is obviously because first the Akalis' rampaged and ransacked the Punjab's economy with all impunity to the brink of bankruptcy and then they failed to plead their case on merit by banking more on goodwill than on facts, thus resulting in outright rejection for any debt relief," he said.
"Economic decisions are not guided by any preferences or prejudices as Badal will try to make us belief but purely on economic and financial merit," he said.
"Now let Badal explain to the people of Punjab as to why he failed to get debt relief for the state despite a friendly government at the centre, of which his (Badal's) party is an alliance partner, refused it," he said.
"Badal would have done better if he had properly pleaded the case with the centre instead of politicising the issue and merely banking upon the self-proclaimed goodwill of the Union Finance Minister", Capt Amarinder said.
The former Chief Minister pointed out that the Congress- led UPA government had identified Punjab, Kerala and West Bengal as debt-stressed states entitled for debt relief.
Singh said that the debt situation in Punjab was now beyond any redemption as the only hope of central assistance has been dashed by the Finance Commission's refusal.
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