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Wednesday, January 26, 2022

Goa’s public debt for FY 18 was Rs 13,608cr- Govt tells House

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Panaji: Chief Minister Manohar Parrikar today informed House that Goa’s public debt for the financial year ending March 2018, stood at Rs 13,608.61 crore.

 “During the year 2017-18, the Total Revenue Expenditure was Rs.10309.47crore, while the total Revenue Receipt was Rs. 11027.55 crore, leaving a Revenue Surplus of Rs. 718.08 crore,” Parrikar, said in a written reply.

As on March 31, State’s market loan stood at Rs 9160 crore, National Social Security Fund (NSSF) is Rs 2593.95 crores, while the Central loans are at Rs 1223.08 crores.

Further, till March end, government loan from National Bank For Agriculture and Rural Development (NBARD) were to the tune of Rs 617.62 crores.

Government has also taken loan from Life Insurance Cover (LIC), National Cooperative Development Corporation (NCDC), Housing and Urban Development Corporation (HUDC) and Power finance Corporation (PFC).

“The borrowings availed are serviced through funds provided in the budgetary estimates annually,” Parrikar said.


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