Madhya Pradesh. Mohan Yadav’s government is going to take a loan of 6 thousand crore rupees before the Global Investors Summit. Thus, 41,000 crore rupees are owed to Madhya Pradesh as a loan. This loan will be taken in three different installments. One loan will be paid 12, second 15 and third loan will be paid in 23 years. Earlier, on January 1, a loan of five thousand crores was taken by the MP government.
In the last four months, the Madhya Pradesh government has taken a loan of 20 thousand crore rupees. Now before the Global Investors Summit, the government is going to raise a large amount as a loan. Crores of rupees are to be spent for the Global Investors Summit. Due to this, the government has prepared to take a loan again.
When and when the government took loan:
On January 23, a loan of 2500 crores was taken.
On February 6, two loans of 3 thousand crores and two loans of five thousand crore rupees were taken on February 27.
On March 26, a loan of 5 thousand crores was taken.
On August 6, a loan of five thousand crores in two installments and a loan of 5 thousand crores for 14 and 21 years on August 27.
On 24 September 2024, again 2500-2500 crore loans, both loans are for a period of 12 years and 19 years.
Loan of 5 thousand crores for 11 and 19 years on 8 October.
On 26 November, the government pledged the stock from 5 thousand crores from the market.
5000 crore loan on 24 December.
Let me tell you that the Madhya Pradesh government had sought permission from the Central Government to take more loans with the objective of accelerating infrastructure development in the state. The government had urged the 16th Finance Commission to increase the debt limit from three percent to four percent in the proportion of gross state domestic product (GSDP). Currently, the state is allowed to take loans in ratio of three percent of GSDP.
Preparation to increase capital expenditure for infrastructure development
The Madhya Pradesh government has decided to increase capital expenditure to fulfill the influential projects fast. This expenditure has currently reached Rs 60,000 crore, which is planned to increase to Rs 65,000 crore in the next financial year.
Madhya Pradesh. Mohan Yadav’s government is going to take a loan of 6 thousand crore rupees before the Global Investors Summit. Thus, 41,000 crore rupees are owed to Madhya Pradesh as a loan. This loan will be taken in three different installments. One loan will be paid 12, second 15 and third loan will be paid in 23 years. Earlier, on January 1, a loan of five thousand crores was taken by the MP government.
In the last four months, the Madhya Pradesh government has taken a loan of 20 thousand crore rupees. Now before the Global Investors Summit, the government is going to raise a large amount as a loan. Crores of rupees are to be spent for the Global Investors Summit. Due to this, the government has prepared to take a loan again.
When and when the government took loan:
On January 23, a loan of 2500 crores was taken.
On February 6, two loans worth 3 thousand crores and five thousand rupees were taken on 27 February.
On March 26, a loan of 5 thousand crores was taken.
On August 6, a loan of five thousand crores in two installments and a loan of 5 thousand crores for 14 and 21 years on August 27.
On 24 September 2024, again 2500-2500 crore loans, both loans are for a period of 12 years and 19 years.
Loan of 5 thousand crores for 11 and 19 years on 8 October.
On 26 November, the government pledged the stock from 5 thousand crores from the market.
5000 crore loan on 24 December.
Let me tell you that the Madhya Pradesh government had sought permission from the Central Government to take more loans with the objective of accelerating infrastructure development in the state. The government had urged the 16th Finance Commission to increase the debt limit from three percent to four percent in the proportion of gross state domestic product (GSDP). Currently, the state is allowed to take loans in ratio of three percent of GSDP.
Preparation to increase capital expenditure for infrastructure development
The Madhya Pradesh government has decided to increase capital expenditure to fulfill the influential projects fast. This expenditure has currently reached Rs 60,000 crore, which is planned to increase to Rs 65,000 crore in the next financial year.