Goa'spublicdebtstood at Rs15,511.52 crore as on June 30, 2019, Chief Minister Pramod Sawant told the Legislative Assembly on Tuesday.
Submitting a written reply, Sawant said the public debt has gone up by over Rs 1500 crore in the first quarter of the current financial year from Rs 13,937 crore as on March 31, 2019.
Thedebtwhich was Rs 9,936.02 crore in 2015-16 had increased to Rs 11,344.19 crore in 2016-17 and to Rs 12,395.42 crore in 2017 and Rs 13,180.55 crore in 2018, as per the information provided by Sawant.
As per the information, as on June 30, the market loan of Goa stood at Rs11,410crore, National Social Security Fund (NSSF) Rs2296.75 crore while the Central loans stood at Rs1173.03crore.
Further, the government loan from National Bank For Agriculture and Rural Development (NBARD) stood at Rs573.66crore.
The government has also borrowed from the Life Insurance Cover (LIC), National Cooperative Development Corporation (NCDC), Housing and Urban Development Corporation (HUDC) and Power finance Corporation (PFC).
The CM also said that for the current financial year, the state has borrowed Rs 400 crore market loan, till June 30.
Disclaimer: No Business Standard Journalist was involved in creation of this content
