Public Debt of Andhra Pradesh in 2013

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.