Indian Government’s Gross Debt Rises 2.2% to Rs 159.53 Lakh Crore in Q1

Indian Government’s Gross Debt Rises 2.2% to Rs 159.53 Lakh Crore in Q1

The Indian government’s total gross debt has witnessed a 2.2% increase to reach Rs 159.53 lakh crore in the April-June quarter of the current fiscal year, as per a report by the finance ministry. During this period, public debt constituted a significant proportion of the total liabilities, accounting for 89.5%. The report also emphasized that trading activities in the secondary market were concentrated in the 7-10-year maturity bucket. This data highlights the growing debt burden on the Indian government and the need for effective debt management strategies.

TIS Staff

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