Finance Ministry report: Debt on the government has crossed Rs 128 lakh crore, the share of public debt in the total liability has increased to 91.6%


Posted on 29th Mar 2022 12:37 pm by rohit kumar

The total debt of the central government increased by 2.15% to Rs 128.41 lakh crore in the December quarter of 2021-22. There was a total liability of Rs 125.71 lakh crore in the July-September quarter. During this, the government paid off loans worth Rs 75,300 crore. The Finance Ministry's report released on Monday said that the share of public debt in the total liabilities increased to 91.6% in the December quarter, compared to 91.15% in the September quarter.

 

 

During this period, the government issued a total of 2.88 lakh crore debt securities. Debt securities worth Rs 2.83 lakh crore were issued in the September quarter. The share of commercial banks in these securities declined to 35.40 percent as against 37.82 percent in the September quarter. Of the total debt securities issued in the December quarter, 25% have maturities of less than five years.

 

 

RBI's share reduced

 

The share of insurance companies and provident funds stood at 25.74 percent and 4.33 percent, respectively, in the October-December quarter. The share of mutual funds stood at 3.08 percent and that of RBI at 16.92 percent. The central bank's share declined in the December quarter as compared to 16.98 percent in the September quarter, the report said.

 

Retail inflation increased difficulty ...

 

On the domestic front, the market remained under pressure in the third quarter after the Reserve Bank stopped its plans to acquire securities. Fears of rising additional borrowings and inflation also added to the difficulties.

 

high interest in government securities

 

The Finance Ministry said that the interest on government securities with a maturity of 10 years has increased. Interest on this was received at the rate of 6.45 percent in the December quarter, as against 6.22 percent in the September quarter. RBI's decision to keep the repo rate unchanged at 4 percent has supported government securities with a 10-year maturity.

 

Also Read: Local became global India made a record by exporting $ 400 billion, PM Modi called this achievement a milestone

1 Like 0 Dislike
Previous news Next news
Other news

Who Is Ruchika Rathore: Who is Triggered Insaan's wife Ruchika? Her fan following is no less than brother-in-law Abhishek Malhan.

One after another happiness is knocking at Abhishek Malhan's house. First, he won season 1 of Bat

Congress President Sonia Gandhi joined Bharat Jodo Yatra, marched on foot with Rahul Gandhi and workers

Congress leader Rahul Gandhi is on 'Bharat Jodo Yatra' these days. The journey which started from

SRK's 'Dunki' released: 2 lakh 30 thousand tickets were sold in booking on the first day, and a crowd gathered to watch the film.

Shahrukh Khan's film 'Dunki' has been released today. About 2 lakh 30 thousand tickets of the fil

Modi came to meet her mother on her birthday: Washed her mother's feet, then applied water to her eyes, worshiped her by wearing a shawl

Prime Minister Narendra Modi reached Ahmedabad on the birthday of his mother Heeraben. The PM was

CAA: Long wait of four years after being passed by Parliament, what is there in the notification of CAA? know everything

More than four years after it was passed by Parliament, the rules related to the Citizenship Amen

Purple Cap IPL 2024: Yuzvendra Chahal and Trent Boult made a explosive entry in the top-5, the Bangladeshi bowler has a purple cap on his head.

Yuzvendra Chahal and Trent Boult troubled the Mumbai Indians batsmen on Monday and turned the Pur

B. Saroja Devi: Karnataka CM said- last rites will be performed with state honours, praised the personality of Saroja Devi

Karnataka Chief Minister Siddaramaiah shared a tweet on Monday on the death of B. Saroja Devi, ex

Rice Production in India: There is a danger of rising rice prices in the country, is this the reason?

Rice shortage may appear as a new problem in the world's food market. The reason for this is the

Kiara Advani openly talks about her heart about Siddharth Malhotra, what is she going to do to express love!

Kiara Advani is promoting the film Jug Jug Jio vigorously these days. In this film, she is seen a

Simi Grewal trolled for defending Abhishek Bachchan amid news of divorce from Aishwarya, deleted the post.

Abhishek Bachchan is in the headlines these days for his personal life. If reports are to be beli

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash