Public debt rises 0.9% in Jan-March qtr

Public debt rises 0.9% in Jan-March qtr

FPJ BureauUpdated: Saturday, June 01, 2019, 01:26 AM IST
article-image

New Delhi:  The government’s total debt increased by 0.9 per cent in the fourth quarter ended March 31, over the previous thee-month period of the current financial year.  Internal debt constituted 92.1 per cent of public debt at end of March 2015, while marketable securities accounted for 84.8 per cent of public debt, a Finance Ministry official statement said. About 24.8 per cent of outstanding stock has a residual maturity of up to 5 years, which implies that over the next five years, on an average, around 5.0 per cent of outstanding stock needs to be rolled over every year, it said. During fourth quarter, the government issued dated securities worth Rs 95,000 crore to complete the borrowings of Rs 5.92 lakh crore projected in revised estimate. For the entire fiscal, the gross market borrowings were higher by 5 per cent at Rs 5.64 lakh crore than previous year’s gross market borrowings.

RECENT STORIES

ITR Deadline Extended: File Income Tax Returns By December 10

ITR Deadline Extended: File Income Tax Returns By December 10

Cognizant Q3 Revenue Rises 7.3 Per Cent To $5.4 Billion; Company Ups Full-Year Guidance

Cognizant Q3 Revenue Rises 7.3 Per Cent To $5.4 Billion; Company Ups Full-Year Guidance

Apar Industries’ Q2 Profit Slips 4 Per Cent QoQ To ₹251.7 Crore Despite 12 Pc Revenue Jump

Apar Industries’ Q2 Profit Slips 4 Per Cent QoQ To ₹251.7 Crore Despite 12 Pc Revenue Jump

CG Power & Industrial Solutions Q2 Net Profit Jumps 30% To ₹284 cr

CG Power & Industrial Solutions Q2 Net Profit Jumps 30% To ₹284 cr

DCM Shriram Q2 Net Profit Surges Over Two-Fold To ₹159 Crore On Strong Chemical And Vinyl Growth

DCM Shriram Q2 Net Profit Surges Over Two-Fold To ₹159 Crore On Strong Chemical And Vinyl Growth