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State's financial condition is better, this fact can be demonstrated by which fiscal achievements-
Fiscal deficit
Public debt and other liabilities
Interest payment
All of above
In the year 2019-20, the fiscal deficit stood at 1.98 percent of the GSDP of Rs 6,17,153 crore, which is subject to the prescribed period limit of 3 percent. Public debt stood at Rs 1,48,180.26 crore at the end of the year 2019-20, which is 24.01 percent of the Gross State Domestic Product. In the year 2019-20, interest payment was 8.85 percent of the total revenue receipt, which should be maximum up to 10% in light of the recommendation of the 14th Finance Commission.
By: ASRAF UDDIN AHMED ProfileResourcesReport error
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