On Tuesday to take the first loan of 1500 crores for 18 years the Mp government has conducted an auction process. The second loan of 1500 crore rupees is being taken for a period of 21 years. Both loans total 3000 crore rupees.
As of September 9 Previously, this amount had reached a debt of 453640.27 crores. Meanwhile, the figure of loans taken in the current financial year has increased to 34900 crores.
Regarding revenue, the government has stated these years 2023-24 are fiscal year, the government had a revenue surplus of 12,487.78 crores.
this included income of 234,026.05 crores and expenditure of 221,538.27 crores.
For fiscal year 2024-25, the MP government's revised income is stated as 262,009.01 crores and expenditure as 260,983.10 crores.
Therefore, in the previous fiscal year, the government showed a surplus of 1,025.91 crores. Whatever loan is being taken is within the loan limit.
When did government take loans
On September 9th, three loans were taken which were of 1,500-1,500 crores and one thousand crore rupees. These loans are for periods of 17 years, 19 years, and 20 years.
On August 26th, government took two loans of 2,500 crores and 2,300 crores. These loans are for periods of 20 years and 18 years and loans were taken on August 5th, which were paid on August 6th. The first loan was for 1,600 crores for 18 years.
The government has stated that in fiscal year 2023-24, the government had a revenue surplus of 12,487.78 crores, this included income of 234,026.05 crores and expenditure of 221,538.27 crores.
In contrast, for fiscal year 2024-25, the state government's revised income is stated as 262,009.01 crores and expenditure as 260,983.10 crores.
Thus, in the previous fiscal year also, the government showed a surplus of 1,025.91 crores. Whatever loan is being taken is within the loan limit.
When did Mohan loans were taken
On September 9th, three loans were taken of 1,500-1,500 crores and one thousand crore rupees. These loans are for periods of 17 years, 19 years, and 20 years.
On August 26th, government took two loans of 2,500 crores and 2,300 crores. These loans are for periods of 20 years and 18 years.
On August 5th three loans were taken, which were paid on August 6th. The first loan was for 1,600 crores for 18 years.
The second loan was of 1,400 crores for 20 years, and the third loan was of 1,000 crores for 23 years. Thus, a total loan of 4,000 crores was taken.
Two loans of Rs 4300 crore were taken on July 30. Both loans were taken through RBI for 17 years and 23 years, which will be paid as interest through coupon rate twice a year. These two loans were the 7th and 8th loans taken in the current financial year.
2 loans were taken through RBI on June 4. The first loan was Rs 2000 crore for 16 years. The government will repay it with interest until June 4, 2041.
The second loan was Rs 2500 crore for 18 years. This will be repaid with interest until June 4, 2043.
The government took its first loan of the current financial year on May 7. On this day, there were two loans of two and a half thousand crores each.
In May, the first loan of two and a half thousand crores was taken for 12 years, with interest payable until May 7, 2037.
Similarly, the second loan of two and a half thousand crores was taken on May 7 itself for 14 years, which will be repaid in the form of interest until May 7, 2039.
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