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

Vijay: Vijay urges Tamil Nadu government not to implement CAA, calls the law 'unacceptable'

The central government led by Prime Minister Narendra Modi on Monday announced the implementation

Himani Murder: 'No affair... no pressure of marriage, were just friends'; New twist in Congress leader Himani murder case

There has been a new twist in the murder of Congress worker Himani Narwal. The statement of Direc

Apple may launch Mini Homepod at the end of the year, these amazing features will be seen in a speaker for the first time

Homepod Mini Speaker: Who does not like to listen to good songs and what to say if you have a min

Ind Vs Eng: 'His company is bad', the grief of losing father and brother; Akash Deep's story is full of struggles, luck shone after making test debut

It is said that if your intentions are good and your courage is high, then one-day success will k

Bigg Boss 19: Was Salman Khan's show offered to a martyr's wife? An emotional picture went viral on social media.

The discussion about the new season of TV's controversial reality show Bigg Boss has intensified.

Mamata to meet Sonia next week: Initiative to unite the scattered opposition; The issue of misuse of ED and investigative agencies will be discussed

Troubled by the crackdown in the presidential election and the action of the Enforcement Director

Virat-Anushka performed Bhasma Aarti in Mahakal temple: Kohli was seen wearing Rudraksha garland and dhoti-sola, and Anushka was seen in a saree

Virat Kohli and Anushka Sharma reached the Mahakal temple on Saturday morning. Here both of them

Amitabh Bachchan: Big B did this tweet regarding women's innerwear, and now users are furious at the megastar

Apart from films, Amitabh Bachchan, the megastar of the century, is also in the limelight for his

Veer guardian 2023: For the first time, India's women's power will roar outside the country, and women pilots will participate in the exercise

For the first time, women fighter pilots of the Indian Air Force will participate in an exercise

Modi Govt 8 Year: Preparations for the big celebration on completion of 8 years of Modi government, know what is the plan

8th Year Modi Government Preparation for Celebration: The Narendra Modi government at the Center

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