Telangana’s outstanding public debts to touch Rs 3.30 lakh cr

The State budget presented in the Assembly on Monday reveals that the public debt will mount to Rs 3,29,988 crore from Rs 2,85,120 crore during 2021-22.

Budget estimates show that state will raise debts to the tune of Rs 44,868 crore during the financial year. Thus, the outstanding public debt will go up by more than 15 per cent.

However, the debt to GSDP ratio will remain at 25 per cent.

As per the budget estimates, the state’s open market loans will go upto Rs 2,89,873 crore from Rs 2,44,239 crore in the previous financial year.

However, loans from central government are estimated to come down to Rs 7,188 crore from Rs 7,556 crore in 2021-22.

Loans from autonomous bodies will also decline from Rs 14,162 crore to Rs 13,591 crore.

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