Govt debt grows to Rs 205 lakh cr in Sept qtr: Report
New Delhi: The government’s overall debt in the country, which reflects the total value of outstanding bonds traded in the market, increased to USD 2.47 trillion (Rs 205 lakh crore) in the September quarter, compared to USD 2.34 trillion (Rs 200 lakh crore) in the previous fiscal's March quarter, ET reported.
The central government's debt, rose from USD 1.06 trillion (Rs 150.4 lakh crore) in March to USD 1.34 trillion (Rs 161.1 lakh crore) in September, according to Vishal Goenka, Co-Founder of Indiabonds.com, who inferred the figure based on Reserve Bank of India data, the report said.
Indiabonds.com, a Sebi-registered online bond platform, compiled the report using information from the RBI, Clearing Corporation of India, and the Securities and Exchange Board of India.
The central government's debt accounted for the highest share at 46.04%, amounting to Rs 161.1 lakh crore, while state governments' debt constituted 24.4%, totaling USD 604 billion (Rs 50.18 lakh crore), the report said.
Treasury bills made up 4.51% of the total debt at USD 111 billion (Rs 9.25 lakh crore), and corporate bonds had a 21.52% share at USD 531 billion (Rs 44.16 lakh crore) in the second quarter of the current fiscal year.
The report indicates that corporate bonds constituted 21.52% of the overall debt, amounting to USD 531 billion (Rs 44.16 lakh crore) in the second quarter of the current fiscal year.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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