Bhubaneswar, Nov 29 (LocalWire): Odisha’s per capita loan burden has climbed up to Rs 21,592 as the state’s total liabilities have shot up to a whopping Rs 97, 164 crores.
The liabilities constitute 23.36 per cent of gross state domestic product (GSDP).
The total liabilities that stood at Rs 71,623 crores in the preceding year grew by 35.66 percent, according to the latest report by the Comptroller and Auditor General of India (CAG).
The government’s total liabilities comprised of internal borrowings, loans and advances from union government and balances in the public account, the report maintained.
The breakup of outstanding loan that state incurred is financial institutions (Rs 56,468 crore), loans and advances from the Centre (Rs 7,606 crore), public account liabilities where government acts as a banker (Rs 44,974 crore), market loans ( Rs 23,531 crore), loans for plan schemes (7,588 crore), small savings, providend fund etc (Rs 21,675 crore), non-plan loans (Rs 18 crore), reserve fund bearing interest (Rs 1,364 crore), special securities issued to NSSF (Rs 10,022 crore), reserve fund not bearing interest (Rs 310 crore), other loans (Rs 97 crore), deposit bearing interest (Rs 39 crore), deposit not bearing interest (Rs 21,586 crore).