Odisha’s debt burden to increase to Rs 1.06 lakh crore by 2019-20 end

Indo-Asian News Service

Updated: February 17th, 2020, 17:43 IST

in Business, Metro

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Bhubaneswar: Odisha’s debt burden is expected to increase to Rs. 1.06 lakh crore by the end of 2019-20 fiscal, state Finance Minister Niranjan Pujari said Monday.

Replying to a written question, Pujari informed the state Assembly that as per the initial report from the Accountant General, Odisha’s debt burden by December 2019 is estimated at Rs 84,676.35 crore.

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He said it is estimated to increase to Rs 1,06,526.86 by the end of the fiscal year. The per capita debt stock by December 2019 is Rs 18,497.58, he added.