Govt's interest payment cost seen rising to 4.27 trln rupees in 2014/15

NEW DELHI (Reuters) - The government's interest payment cost is expected to rise to 4.27 trillion rupees in 2014/15 from a revised 3.8 trillion rupees in the current fiscal year, the government said in its budget document released on Monday.

Finance Minister P. Chidambaram presented an interim budget in parliament to tide public finances over until a new government is formed after elections due by May.

(Reporting by Malini Menon; Editing by Sanjeev Miglani)