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Government’s total liabilities rise to Rs. 128.41 lakh cr in Dec quarter

Government’s total liabilities rise to Rs. 128.41 lakh cr in Dec quarter
Government’s total liabilities rise to Rs. 128.41 lakh cr in Dec quarter
  • The government’s total liabilities rose to Rs. 128.41 lakh crore in December quarter from Rs. 125.71 lakh crore in the three months ended September 2021, according to the latest public debt management report. The increase reflects a quarter-on-quarter increase of 2.15 per cent in October-December 2021-22.
  • In absolute terms, the total liabilities, including liabilities under the ‘Public Account’ of the government, jumped to Rs. 1,28,41,996 crore at the end of December 2021. As of September 30, the total liabilities stood at Rs. 1,25,71,747 crore.
  • Public debt accounted for 91.60 per cent of the total outstanding liabilities in December quarter compared to 91.15 per cent at the end of September. Nearly 25 per cent of the outstanding dated securities had a residual maturity of less than 5 years.
  • The ownership pattern of the central government securities indicates that the share of commercial banks stood at 35.40 per cent at end-December 2021, lower than 37.82 per cent at end-September 2021.
Published date : 29 Mar 2022 06:33PM

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