Madhya Pradesh Loan of state crosses total Budget amount

  • | Tuesday | 2nd March, 2021

BHOPAL: The loan of the state has crossed the amount of the total Budget as the debt of the state is around Rs 2.5 lakh crore and the Budget is 2.41 lakh crore. The state government is putting the state under a severe financial burden. In 2019-20 the debt of the state was around Rs 2 lakh crore and in 2020-2021 the state had taken loans of more than Rs 52000 crore. The present BJP government had taken loans of Rs 52286 crore in FY 2020-21 which is almost double the loan taken by the Congress government in FY 2019-20. The Kamal Nath government had taken loans of Rs 23430 crore in FY 2019-20.

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