Odisha

Odisha’s Per Capita Loan Burden Doubles In A Decade, Admits Finance Minister

By
OB Bureau

Bhubaneswar: Odisha’s per capita loan burden has doubled in the past ten years, admits Finance Minister Niranjan Pujari in the state Assembly on Monday.

Addressing the members during the ongoing monsoon session of the House, Pujari said the per capita loan burden in the state was Rs 9,144 in 2011-12 and it has gone up to Rs 23, 761 (more than double of the figure in 2011-12) in 2021-22 and the state’s overall loan burden by the end of the year would be Rs 122917.25 crore.

The Finance Minister was responding to a question raised by Khandapada MLA Soumya Ranjan Patnaik (UDAQ 614) on the quantum of loan burden on the state by the end of the current fiscal and the per capita loan burden in the past 10 years.

According to the figures furnished by the State Accountant General, the state’s loan burden by the end of July was Rs 104312.12 crore which accounts for 17.80 per cent of gross state domestic products (GSDP), stated the Finance Minister.

OB Bureau

Recent Posts

India To Push Canada For Extradition Of Arrested Khalistani Terrorist Arsh Dalla

New Delhi: India will again ask Canada for the extradition of designated Khalistani terrorist Arshdeep Singh…

November 14, 2024

School Dropout From West Bengal Arrested For Practising As Ayurvedic Doctor In Odisha’s Berhampur

Berhampur: Police have arrested a man from West Bengal for allegedly claiming himself to be…

November 14, 2024

Manoj Bajpayee Recalls Staying In ‘Hell’, Experiencing Starvation

Mumbai: Carving a niche for himself in Bollywood was not a cakewalk for ‘The Family…

November 14, 2024

After Disapproving Of Ranveer, Mukesh Khanna Rejects Tiger Shroff For ‘Shakitmaan’

Mumbai: Mukesh Khanna’s Indian superhero series ‘Shaktimaan’ has been making headlines for quite some time…

November 14, 2024

2nd Tigress Arrives In Odisha’s Similipal Tiger Reserve From Maharashtra

Bhubaneswar: As part of Odisha government's tiger relocation project, second tigress from Maharashtra arrived at…

November 14, 2024

Severe Pollution: Central Panel Forced To Invoke GRAP 3 In Delhi From Tomorrow

New Delhi: Hours after Delhi’s Environment Minister Gopal Rai said that the third phase of…

November 14, 2024

After 7 Years, Allu Arjun Reveals The Story Behind His Viral Wine Shop Video

Mumbai: ‘Pushpa’ actor Allu Arjun is currently busy promoting his highly-anticipated film ‘Pushpa: The Rule’,…

November 14, 2024

Odisha CM Mohan Majhi To Inaugurate Bali Jatra In Cuttack Tomorrow

Cuttack: The Mahanadi river banks in Odisha's Cuttack city are all decked up for inauguration…

November 14, 2024