Punjab Economy Latest News: In a significant blow to Punjab's financial standing, the Central government has decided to slash the state's borrowing limit by Rs 2300 crore. The Union Finance Ministry, in a recent communication, pointed to Powercom's substantial financial loss of Rs 4700 crore for the fiscal year 2022-23 as the basis for this reduction. The impact of this decision is poised to amplify the challenges for Punjab, already grappling with a severe financial crisis.