Home IndiaBig news: MP government will take a loan of 5 thousand crores again, first loan in this financial year, total loan of 4.21 lakh crore on government

Big news: MP government will take a loan of 5 thousand crores again, first loan in this financial year, total loan of 4.21 lakh crore on government

by News Analysis India
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Shabbir Ahmed, Bhopal. The Government of Madhya Pradesh will then take a loan of five thousand (5000) crores. This will be the first debt of the government in this financial year. The government will borrow in two different installments of 2500. Debt will be taken at 12 years and 14 years of tenure. On May 7, the government’s treasury will come.

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According to the financial year ended on March 31, the government has a total debt of 4.21 lakh crores. Debt is being taken citing development works and promoting economic activities.

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