Government debt up by 3.6% to Rs 39 lakh crore

Published: 27th October 2012 10:15 AM  |   Last Updated: 27th October 2012 10:47 AM   |  A+A-

The government’s debt in the quarter ended September 30 crossed Rs 39 lakh crore, a growth of 3.6 per cent to Rs 39,00,386 crore from Rs 37,63 264 crore in the previous quarter.

The total public debt, excluding liabilities, had grown by 5.2 per cent in April-June quarter.

According to the quarterly report on debt management released by the Finance Ministry, internal debt in July-September quarter constituted 90.4 per cent of public debt compared with 89.6 per cent at the end of June 30. The internal debt, which stood at Rs 35, 27,405 crore constituted 34.7 per cent of GDP.

The report further said the cash position of the government during the second quarter was generally comfortable and remained in positive territory for a major part of the period under review.

Positive capital inflows enabled some improvement in exchange rate of rupee, which appreciated to 55.7 per dollar at the end of August from 56.3 as of end-June.


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