Public Debt

IMF says global debt fell to $235 trillion in 2022, but still above 2021 level

According to the multilateral agency, private debt has fallen at a faster rate than public debt over the last two years

CEA Nageswaran says cutting public debt best stimulus govt can give

While Nageswaran was optimistic about the sustainability of India’s debt, Poonam Gupta from the PM’s Economic Advisory Council said it was hard to see the debt-to-GDP ratio returning to pre-COVID levels in the next decade

States resume fiscal consolidation, set to control deficits, paper says

States have also taken into account fiscal implications of the end of GST compensation regime in the budget estimates of 2022-23, according to the NIPFP paper.

Paul Krugman writes: Learn to stop worrying and love debt

The new paradigm suggests both that public debt isn’t a major problem and that government borrowing for the right purposes is actually the responsible thing to do

Public debt rose to Rs 66.61 lakh crore at December-end

The debt (excluding liabilities under the Public Account) of the government was Rs 65.80 lakh crore at the end of September last year.

Govt's public debt inches up 3% in Sept quarter

"The Public Debt (excluding liabilities under the 'Public Account') of the central government provisionally increased by 3 per cent in second quarter of 2016-17 on Q-o-Q basis," said the Quarterly Report on Debt Management for July-September 2016.

Public debt dips marginally to Rs 55.73 lakh cr in Q4 FY16

India's public debt declined marginally to Rs 55.73 lakh crore at the end of March 2016, showing a quarter-on-quarter reduction of 0.04 percent.

Gujarat owes over Rs 1,65,000 crore as public debt

Replying to a written question raised by Lunawada MLA Hirabhai Patel during the question hour, state Finance Minister Saurabh Patel said Gujarat owes Rs 1,65,742 crore as public debt.

India's debt position remains comfortable, says Jaitley

"Conventional indicators of debt sustainability, i.e. level and cost of debt, indicate that debt profile of the government is comfortably placed in terms of sustainability parameters of public debt and is consistently improving," he said in a foreword to the status paper on government debt.

Rajan warns against perils of breakneck economic growth

Reserve Bank Governor Raghuram Rajan called for drawing right lessons from Brazil, which was a high growth market till recently but is now beset with economic woes, leading S&P to demote it to "junk" status

Funding the Railways: Why Suresh Prabhu is on to something

The clamour for raising public investment is growing by the day, especially in railways. This gained further momentum post the government's economic survey which pegged railways multiplier effect at 5 or more, according to a Deutsche Bank report.

Public debt rises 2.1% in Oct-Dec quarter

"The public debt (excluding liabilities under the 'Public Account') of the Central Government provisionally increased by 2.1 percent in Q3 of FY15 on Q-o-Q basis as compared with an increase of 2.3 percent in the previous quarter (Q2 of FY15)," an official statement said.

Govt's public debt rises to Rs 49.6 lakh cr at Sept-end

"The Public Debt of the Central Government (excluding liabilities under the 'Public Account') provisionally increased to Rs 49,60,472.3 crore as at end-September 2014 from Rs 48,27,485.6 crore at end-June 2014," a Finance Ministry report said.

Public debt rises to Rs 6 lakh crore in June quarter

During Q1 of FY15, the government issued dated securities worth Rs 1.98 lakh crore, higher than Rs 1.51 lakh crore in Q1 of last fiscal.

Advanced G20 countries apart over debt goals after 2016

The commitment, to be discussed at a summit of leaders of the world's 20 biggest developing and developed economies (G20) in St. Petersburg in early September, will build on a G20 pledge made in 2010 to stabilise debt-to-GDP ratios by 2016, the official said.