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Govt debt crosses ₹100 lakh crore for the first time
short by Krishna Veera Vanamali / on Saturday, 19 September, 2020
The outstanding debt of the central government crossed ₹100 lakh crore for the first time at the end of June. A quarterly report by the Department of Economic Affairs showed that total liabilities increased to ₹101.3 lakh crore from ₹94.6 lakh crore as of end-March. Public debt, which doesn't include public account liabilities, accounted for 91.1% of total outstanding liabilities.