{"id":1285934,"date":"2024-10-03T09:04:36","date_gmt":"2024-10-03T03:34:36","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1285934"},"modified":"2024-10-03T09:04:56","modified_gmt":"2024-10-03T03:34:56","slug":"indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/","title":{"rendered":"Indian Govt’s Debt Rises To Rs 176 Lakh Crore: 25% More Than Last Year"},"content":{"rendered":"\n

At the conclusion of the June 2024 quarter, the Center owed a total of Rs 176 lakh crore, a 25% rise from Rs 141 lakh crore the previous year, as confirmed by reports<\/a>.<\/p>\n\n\n\n

The debt increased by 1.2% on a quarter-to-quarter basis, a much smaller increase than the 4.6% growth during the same period last year.<\/p>\n\n\n\n

\"Indian<\/figure>\n\n\n\n

Central Government\u2019s Debt Rises By 25%<\/strong><\/p>\n\n\n\n

The amount of external debt was Rs 9.78 lakh crore, compared to Rs 8.50 lakh crore during the same time previous year.<\/p>\n\n\n\n

Additionally, 104.5 lakh crore of the Rs 149 lakh crore in internal loans came from market loans obtained through the issuance of government bonds.<\/p>\n\n\n\n

T-bills raised Rs 10.5 lakh crore, gold bonds raised Rs 78,500 crore, and securities against modest savings raised Rs 27 lakh crore were among the additional internal loans.<\/p>\n\n\n\n

The government intends to borrow Rs 14.1 lakh crore in FY25.<\/p>\n\n\n\n

A borrowing plan of Rs 6.61 lakh crore was announced by the government for the second half of the current financial year.<\/p>\n\n\n\n

Government May Reduce Borrowing This Year<\/strong><\/p>\n\n\n\n

Due to lower-than-expected spending, analysts estimate that the government may reduce borrowing this year.<\/p>\n\n\n\n

As per Nomura, if the government underspends, fewer Indian Government Bonds (IGB) will be issued.<\/p>\n\n\n\n

IDFC First Bank’s Gaura Sen Gupta thinks that the approaching general election may contribute to the fiscal deficit falling short of the 4.9% FY25 target.<\/p>\n\n\n\n

Because of the increased demand from index inclusion, the government has kept the supply of G-Sec constant.<\/p>\n\n\n\n

The Center pays interest on outstanding debt with 19% of its total revenue collected.<\/p>\n\n\n\n

Interest payments have been allocated by the government to Rs 11.6 lakh crore for FY25.<\/p>\n\n\n\n

The Center’s debt-to-GDP ratio decreased from 57.5% in FY24 to 54% at the end of June 2024.<\/p>\n\n\n\n

Since FY21, when it peaked at 62.75%, the debt-to-GDP ratio has been declining.<\/p>\n","protected":false},"excerpt":{"rendered":"

At the conclusion of the June 2024 quarter, the Center owed a total of Rs 176 lakh crore, a 25% rise from Rs 141 lakh crore the previous year, as confirmed by reports. The debt increased by 1.2% on a quarter-to-quarter basis, a much smaller increase than the 4.6% growth during the same period last […]<\/p>\n","protected":false},"author":25,"featured_media":1285937,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[98],"tags":[6236,908,6235],"class_list":["post-1285934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-debt","tag-govt","tag-national-debt"],"acf":[],"yoast_head":"\nIndian Govt's Debt Rises To Rs 176 Lakh Crore: 25% More Than Last Year - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indian Govt's Debt Rises To Rs 176 Lakh Crore: 25% More Than Last Year - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"At the conclusion of the June 2024 quarter, the Center owed a total of Rs 176 lakh crore, a 25% rise from Rs 141 lakh crore the previous year, as confirmed by reports. The debt increased by 1.2% on a quarter-to-quarter basis, a much smaller increase than the 4.6% growth during the same period last […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-03T03:34:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-03T03:34:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/10\/Rs2000-Notes-Opt-1280x720-1-1024x576-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Radhika Kajarekar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Radhika Kajarekar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/\",\"url\":\"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/\",\"name\":\"Indian Govt's Debt Rises To Rs 176 Lakh Crore: 25% More Than Last Year - Trak.in - Indian Business of Tech, Mobile & Startups\",\"isPartOf\":{\"@id\":\"https:\/\/trak.in\/stories\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/10\/Rs2000-Notes-Opt-1280x720-1-1024x576-1.jpeg\",\"datePublished\":\"2024-10-03T03:34:36+00:00\",\"dateModified\":\"2024-10-03T03:34:56+00:00\",\"author\":{\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/3d6ff61ba47715670139663cc4767b1c\"},\"breadcrumb\":{\"@id\":\"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/#primaryimage\",\"url\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/10\/Rs2000-Notes-Opt-1280x720-1-1024x576-1.jpeg\",\"contentUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/10\/Rs2000-Notes-Opt-1280x720-1-1024x576-1.jpeg\",\"width\":1024,\"height\":576},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trak.in\/stories\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Indian Govt’s Debt Rises To Rs 176 Lakh Crore: 25% More Than Last Year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trak.in\/stories\/#website\",\"url\":\"https:\/\/trak.in\/stories\/\",\"name\":\"Trak.in - Indian Business of Tech, Mobile & Startups\",\"description\":\"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trak.in\/stories\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/3d6ff61ba47715670139663cc4767b1c\",\"name\":\"Radhika Kajarekar\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f1db673eec2bc1089f0cb5aabbc342d28aa6e57f0b0ade5099ce322f0a984358?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f1db673eec2bc1089f0cb5aabbc342d28aa6e57f0b0ade5099ce322f0a984358?s=96&d=mm&r=g\",\"caption\":\"Radhika Kajarekar\"},\"url\":\"https:\/\/trak.in\/stories\/author\/radhika-kajarekar\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Indian Govt's Debt Rises To Rs 176 Lakh Crore: 25% More Than Last Year - Trak.in - Indian Business of Tech, Mobile & Startups","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/","og_locale":"en_US","og_type":"article","og_title":"Indian Govt's Debt Rises To Rs 176 Lakh Crore: 25% More Than Last Year - Trak.in - Indian Business of Tech, Mobile & Startups","og_description":"At the conclusion of the June 2024 quarter, the Center owed a total of Rs 176 lakh crore, a 25% rise from Rs 141 lakh crore the previous year, as confirmed by reports. The debt increased by 1.2% on a quarter-to-quarter basis, a much smaller increase than the 4.6% growth during the same period last […]","og_url":"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/","og_site_name":"Trak.in - Indian Business of Tech, Mobile & Startups","article_published_time":"2024-10-03T03:34:36+00:00","article_modified_time":"2024-10-03T03:34:56+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/10\/Rs2000-Notes-Opt-1280x720-1-1024x576-1.jpeg","type":"image\/jpeg"}],"author":"Radhika Kajarekar","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Radhika Kajarekar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/","url":"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/","name":"Indian Govt's Debt Rises To Rs 176 Lakh Crore: 25% More Than Last Year - Trak.in - Indian Business of Tech, Mobile & Startups","isPartOf":{"@id":"https:\/\/trak.in\/stories\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/#primaryimage"},"image":{"@id":"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/#primaryimage"},"thumbnailUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/10\/Rs2000-Notes-Opt-1280x720-1-1024x576-1.jpeg","datePublished":"2024-10-03T03:34:36+00:00","dateModified":"2024-10-03T03:34:56+00:00","author":{"@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/3d6ff61ba47715670139663cc4767b1c"},"breadcrumb":{"@id":"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/#primaryimage","url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/10\/Rs2000-Notes-Opt-1280x720-1-1024x576-1.jpeg","contentUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/10\/Rs2000-Notes-Opt-1280x720-1-1024x576-1.jpeg","width":1024,"height":576},{"@type":"BreadcrumbList","@id":"https:\/\/trak.in\/stories\/indian-govts-debt-rises-to-rs-176-lakh-crore-25-more-than-last-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trak.in\/stories\/"},{"@type":"ListItem","position":2,"name":"Indian Govt’s Debt Rises To Rs 176 Lakh Crore: 25% More Than Last Year"}]},{"@type":"WebSite","@id":"https:\/\/trak.in\/stories\/#website","url":"https:\/\/trak.in\/stories\/","name":"Trak.in - Indian Business of Tech, Mobile & Startups","description":"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trak.in\/stories\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/3d6ff61ba47715670139663cc4767b1c","name":"Radhika Kajarekar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f1db673eec2bc1089f0cb5aabbc342d28aa6e57f0b0ade5099ce322f0a984358?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f1db673eec2bc1089f0cb5aabbc342d28aa6e57f0b0ade5099ce322f0a984358?s=96&d=mm&r=g","caption":"Radhika Kajarekar"},"url":"https:\/\/trak.in\/stories\/author\/radhika-kajarekar\/"}]}},"jetpack_featured_media_url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/10\/Rs2000-Notes-Opt-1280x720-1-1024x576-1.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1285934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/comments?post=1285934"}],"version-history":[{"count":1,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1285934\/revisions"}],"predecessor-version":[{"id":1285938,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1285934\/revisions\/1285938"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media\/1285937"}],"wp:attachment":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media?parent=1285934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/categories?post=1285934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/tags?post=1285934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}