Gujarat public debt to touch whopping Rs 4 lakh cr by 2023

According to the Gujarat government's own projections, the state public debt will touch Rs. 3.72 lakh crores by the year 2022-23. According to the state government's documents, the current status of the state's public debt for the ensuing year of 2020-21, as per the budget estimate is Rs. 2,96,268 crores. By the next year, it is projected to be Rs 3,34,989 crores. The projections are based on the rate of 13.32% growth as per the projections of the 14th Finance Commission on advanced estimates of GSDP for 2019-20. The state's public debt will be Rs. 3,71,989 crores by the year 2022-23.

from IndiaTV India: Google News Feed https://ift.tt/32wgKow

Get Breaking news, Live news, and latest news from India and around the world on INDILIVENEWS.com, which are in the interest of nation and humanity. Like us on Facebook or Follow us on Twitter and Reddit for the latest news blog and live news update

Trending News