The outstanding public debt
of Andhra Pradesh will touch a whopping Rs 1,79,637 crore during 2013-14, much
higher than overall State expenditure planned for the fiscal at Rs 1,61,348
crore.
In 2007-08 the total debt of Andhra Pradesh is
Rs 82,478 crore in 2007-08. Presently the
State debt occupies 20.91 per cent
of the Gross State Domestic Product.
Components of Public debt:
- the market borrowings constitute about 55.35 per cent.
- Central loan component as against total debt is about 13 per cent
The interest payment
against Government debt has shot up from Rs 9675 crore in 2011-12 to Rs 10,561
crore in 2011-12.
Advertisements
No comments:
Post a Comment