Govts total liabilities rise to rs 8468 lakh cr at endMarch 2019

first_imgNew Delhi: Government’s total liabilities reached Rs 84.68 lakh crore at the end of March 2019, up 1.5 per cent over the preceding quarter, a report released by the Finance Ministry said Friday. The total liabilities stood at Rs 83.40 lakh crore crore at end-December 2018. “The total liabilities (including liabilities under the ‘Public Account’) of the Government, as per provisional data, increased to Rs 84,68,086 crore at end-March 2019 from Rs 83,40,027 crore at end-December 2018,” it said. Also Read – Maruti cuts production for 8th straight month in SepPublic debt accounted for 89.5 per cent of the total outstanding liabilities at end-March 2019. Nearly 28.27 per cent of the outstanding dated securities had a residual maturity of less than 5 years. “The holding pattern indicates a share of 40.5 per cent for commercial banks and 24.6 per cent for insurance companies by end-December 2018,” the quarterly report on ‘public debt management’ said. During the March quarter of last fiscal, the central government issued dated securities worth Rs 1,56,000 crore as against Rs 67,000 crore in the year-ago period. The temporary cash flow mismatches were bridged through issuance of cash management bills amounting to Rs 60,000 crore during January-March quarter of 2018-19.last_img

Leave a Reply

Your email address will not be published. Required fields are marked *