Porvorim (Goa) Chief Minister Manohar Parrikar has told the House that the total public debt of the State is pegged at Rs 12,433 crore till March 31, 2017, which translates into per capita debt Rs 82,015.
Parrikar told the ongoing State legislative assembly session on Thursday that state’s total public debt stood at Rs 12433.20 crores as on March 31, 2017, with per capita debt estimated at Rs 82,015.
The State’s borrowings through market loans, National Small Saving Funds (NSSF), loans for Externally Aided Projects (EAP) and from National Bank for Agriculture and Rural Development (NABARD) is Rs 7116 crores between 2012-13 to 2016-17.
According to the reply, for last fiscal, the State borrowings were Rs 1527 crores, which included 1320 crores under market loan, Rs 116 crores through NABARD and Rs 91 crores under EAP.
During the year 2016-17 an amount of Rs. 924.85 crores was paid towards Interest payable on the loans availed.
The borrowings were at lower side compared to 2015-16, the year when government loan liabilities stood at Rs 1846 crores of which Rs 1450 crores were picked from market, Rs 165 crores under NSSF, Rs 120 crore under NABARD and Rs 111 crore as EPA loan.
For the financial year 2012-13, the State borrowings were Rs 1182 crores, which went up to Rs 1295 crores in 2013-14. The borrowing witnessed marginal decline in 2014-15 and stood at Rs 1266 crores.
As per the available data, during the five year period from 2012 to March 31, 2017, the State’s market loans were at Rs 5410 crores. Government borrowed loan of Rs 693 crores under EAP and Rs 601 crores from NABARD. The loan from NSSF was Rs 416 crores.
Team TNV