Don’t miss the latest developments in business and finance.

Each individual owes Rs 9,929 as debt in MP: Minister

Image
Press Trust of India Bhopal
Last Updated : Feb 20 2015 | 9:40 PM IST
The Madhya Pradesh government today said that each individual of the state owes Rs 9,929 as debt.
"Each individual owes Rs 9,929 as debt, according to last population count of 2011," state Finance Minister Jayant Malaiya said in reply to (member) Shailendra Patel's question, during the ongoing Budget session of the State Assembly here.
He further said that the state was indebted with Rs 72,113.39 crore and paid Rs 6,391.32 crore as interest in last fiscal.
He said that Rs 41,257.18 crore was recovered as revenue, of which 75.33 per cent was spent on planned expenditure during the 2013-14 financial year.

Also Read

First Published: Feb 20 2015 | 9:40 PM IST

Next Story