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Sunday, 7 August 2016

Growing public debt in AP

An analysis of the outstanding public debt reveals the fact that the public debt which was Rs 1,12,743 crore in 2010-11 has scaled up to Rs 1,90,513 crore by 2016-17 (vide Budget Estimates of 2016-17), an increase by 56.48 per cent over six years. As per cent of GSDP, the outstanding debt has gone up from 20.67 per cent in 2010-11 to 27.88 per cent in 2016-17. 

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