The government of Tehreek-e-Insaf has returned a record 23-billion rupees record in just nine months
The government of Tehreek-e-Insaf has returned a record 23-billion rupee record in just nine months, the government got a loan of over 18 billion rupees from the State Bank during 9 months. However,
during this period the total payments for the banks were also seen and this was 23 billion rupees 50 billion, which is 231% higher than last year's 708 billion rupees.
According to the details, the recent data issued by the State Bank of India has shown that the government budget debt increased from July to April 2019 last year and it increased to 9.1 billion billion rupees. Arrived. Budget loan volume was Rs 786 billion in the same period last year.
According to the Central Bank report, the total debt acquired by the government from the State Bank has reached 32 to 60 billion rupees till April 2019.
This loan volume was 14 billion 90 billion rupees last year, but now the loan has increased by 118.6 percent. However, during the same period,
the total payments for banks have also been seen. According to the report,
the government has also paid 23 billion rupees 50 billion compared to the recovery of more than Rs 18 billion. On the other hand, the private sector has also gained more than the State Bank.
During the current financial year,
the private sector got a loan of Rs. 597 billion 83 crore from State Bank, which was Rs 458 billion 28 million in the corresponding period last year. Experts economists say that governments often get a large number of loans to get the budget deficit from the central bank, but it is also reversed. External loans and internal loans are confined together,
while both of them are completely separated. External loans that are in dollars are obtained to meet the commercial deficit. While internal loans, which are normally obtained from the State Bank, are time-consumed, to meet the budget deficit.
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