The total loan burden of Odisha has increased by three folds to Rs 56,640.13 crore during the last 15 years since March 2000.
Finance Minister Pradeep Kumar Amat informed this in the State Assembly on Monday while replying to a question by BJP MlA Dilip Ray.
The State Government has a target to incur a total of Rs 12,800.38 crore from different sources during the current fiscal and, with this the total loan would increase to Rs 56,640.13 crore.
The State had a total loan of Rs 18,100.68 crore during 1999-2000, according to Amat’s information.
Amat informed that the Government would bring a Rs 1634-crore loan from the Union Government, Rs 300 crore from the National
Small Saving Fund, Rs 800 crore from the Provident Fund, Rs 2,710 crore from the Nabard and other sources and Rs 7,356.38 crore from
open market during the current fiscal.