- September 30, 2019
- Posted by: Umesh Paliwal
- Category: Blog
We have sourced data from the Ministry of Finance to look at how much Government debt has been increased over the quarter.
It is observed that during April to June-19 there is a 4.4% increase in internal debt and 3.5% in external debt of Government as compared to the previous quarter.
The [Govt. Debt/GDP] ratio is still quite a comfortable figure so there is no such worry as pointed out by opposition party yesterday about rising Government debt.
| Central Govt debt( fig in lakh cr) | |||
| Category | Apr-June(19) | Jan-Mar(19) | Increase |
| Internal | 73.79 | 70.66 | 4.4% |
| External | 5.3 | 5.12 | 3.5% |
| Other Liability | 9.38 | 8.89 | 5.5% |
| Total Debt | 88.47 | 84.67 | 4.5% |
| Internal Debt ( Main head ) | |||
| Category | Apr-June(19) | Jan-Mar(19) | Increase |
| Market loans | 56.58 | 55 | 3% |
| 91 day Treasury Bills | 1.89 | 0.92 | 105% |
| 14 day Treasury Bills | 1.12 | 1.22 | -8% |
| 182 day Treasury Bills | 1.44 | 1.19 | 21% |
| 364 day Treasury Bills | 1.98 | 2.08 | -5% |
| Securities against Small Savings | 6.04 | 6 | 1% |
| Source: Ministry of Finance | |||
3 Comments
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Is this is impact of corporate tax rate cut?
No. Corporate tax effected from Sept-qtr onwards.
Ohk, thx foryour kind reply @market wizard