Central Government Debt Rose to Rs. 40,83,040 crore..!

The internal debt constituted 91.1% of the public debt, compared to 90.7% in October-December (2012) quarter

Government debt rose 0.4% to over Rs.40.83 lakh crore in the January to March period of 2012-13 fiscal, over the previous quarter.

“This (Rs.40,83,040 crore debt - Rs. 40.83 Lakh crore) represented a quarter-on-quarter increase of 0.4 % (provisional) compared with an increase of 4 % in the previous quarter (Q3 of FY13),” the Quarterly Report on Debt Management said on recently.

The debt was Rs.40,64,755 crore as of December 2012. The internal debt constituted 91.1% of the public debt, compared to 90.7% in October-December quarter.

Central government’s outstanding internal debt at Rs.37,18,633 crore constituted 37.1 % of the Gross Domestic Product (GDP), compared to 36.8 % at the end December 2012, the report added.
It said the liquidity conditions in the economy remained tight during the January to March quarter with the liquidity deficit.


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