Category: Finance and Economy

Himachal Pradesh Revives Lottery to Tackle Rs 1 Lakh Crore Debt Crisis

Himachal Pradesh Revives Lottery to Tackle Rs 1 Lakh Crore Debt Crisis

Facing a staggering Rs 1 lakh crore debt, Himachal Pradesh plans to bring back its state lottery after a 26‑year ban. The cabinet expects the digital lottery to pull in Rs 50‑100 crore yearly, mirroring successes in Kerala, Punjab and Sikkim. Opposition parties warn of social risks, while the ruling Congress argues the move is a necessary fiscal lifeline amid shrinking central grants.