Govt’s liabilities rise to ₹ 116.21 lakh crore

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Image Source: Nikkei Asia

According to the Public Debt Management report for the January-March 2021 quarter, released by the Finance Ministry on Friday, at the end of March 2021, the total liabilities of the government stood ₹ 116.21 lakh crore, which has risen 6.36% from the previous quarter, which also include the liabilities under ‘Public Account’. 

Public debt accounted for 88.10 per cent of total outstanding liabilities at end-March 2021.

Nearly 9.33 per cent of the outstanding dated securities had a residual maturity of less than 5 years.

By PTI

Kunal Kushwaha is the Founder of Surkhiyaa. He is an aspiring journalist who looks forward to provide unbiased and precise information. He strives to create Surkhiyaa as a platform that acknowledges core journalistic ethics. Kunal Kushwaha can be reached out kkunal.kushwaha.17@gmail.com

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