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Status Paper on Government Debt
May 26 , 2020
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- The Ministry of Finance released Status Paper on Government Debt 2018-19.
- The debt of central government dropped marginally from 45.8% in 2017-18 to 45.7% in 2019.
- The external debt was 2.7% of GDP.
- Current debt of India stands at Rs 1.3 crore crore.
- Around 94% of centre’s liabilities were of domestic debts.
- According to the report, the overall debt of centres and states declined by 68.7% in March 2018 to 68.6% in 2019.
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