Punjab's debt has spiraled to 2.63 lakh crore and the state has Rs 24,351.29 crore worth liabilities to service in the immediate term.
The party said that the authorities were taking into account only the deaths that occurred in hospitals.
The data on financial profligacy will inevitably point an accusing finger at previous governments while preparing the ground for some tough measures ahead.
A reading of the White Paper hints that the State government may be considering hikes in power tariff, property tax, motor vehicle tax, and water cess.
The minister clarified that the release of the White Paper does not indicate that the government would go back on its electoral promises