Madhya Pradesh:- Then the plan to take a new loan of 5 thousand crores is forming the Mohan Yadav government of Madhya Pradesh. Explain that this loan will be taken through the e -auction process by pledging government bonds or stock. This amount will be received in two parts of 2500 – 2500 crores. The duration of this loan will be 20 years and 14 months.
40 thousand 500 crores reached the loan figure in 11 months
According to the information, the state government has already taken a loan of 40 thousand 500 crores in 11 months. This loan has been taken with the aim of completing all the development works of the state.
3 lakh 90 thousand crore heavy debt
So far, 3 lakh 90 thousand crore loan has been on the people of Madhya Pradesh. This is a serious subject for the state’s financial stability. Given the ever -increasing loans, experts say that its negative impact on the economic structure of the state can be taunted.
RBI will do debt management work
This loan will be taken through the Reserve Bank of India (RBI). The government will raise this amount by mortgaging government bonds and stocks. This amount will be transferred to the government through e -auction.
The economic situation of the state is being eliminated
Many people and experts believe that it can weaken the state’s economic condition. Seeing this increasing debt, financial experts described it as a matter of concern and said that it could prove to be challenging for the development of the state.