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February 28, 2021

The Chhattisgarh

Beyond The Region

Chhattisgarh government took loan of 36 thousand crores from RBI in two years

Assembly session has started in Chhattisgarh. Debate has started from the beginning of the session. In this episode, Shivratan Sharma from BJP asked the Congress that from December 2018 to January 2021 how many loans of the state government were taken from which agency and when? Replying to this question, Chief Minister Bhupesh Baghel told the complete detail. He said- Chhattisgarh government has taken market loans through Reserve Bank of India, Rural Infrastructure Development Fund of NABARD, GST loan through Central Government and a total of 36,170 crore loan from Asian Development / World Bank during the last two years. BJP MLA Shivratan Sharma asked how much revenue expenditure and capital expenditure was incurred? On this, Bhupesh Baghel said that it is not possible to tell this. The government spends the amount according to need. Shivratan Sharma asked that what is the maximum limit for taking loans of the state government? Bhupesh Baghel said that loans up to 25 per cent of GSDP can be taken. The state government has just taken a loan of up to 20 per cent.