State's debt burden now Rs50,983.87 cr

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The total outstanding debt of the State stands at Rs50,983.87 crore, which otherwise says that each person in the State now carries a loan burden of Rs12,000 now. The Finance department revealed this information while complying with a RTI application filed by RTI activist Pradip Pradhan on September 19.

As per the information the State has received a total of Rs36232.72 crore as debt from various sources during the regime of Chief Minister Naveen Patnaik from 2000-01 and 2014-15 while the Government has paid Rs46083.97 crore as interest during the same period.

The information revealed that the State has received Rs8829.41 crore from the Union Government as debt, Rs7899.10 crore from NSSF, Rs11617.29 from open market, Rs1.0120 crore from lIC, Rs13.4796 crore from GIC, Rs5837.1603 crore from NABARD, Rs7.8820 crore from NCDC, Rs16662.75 crore form GPF, Rs110.29 from NTPC power, Rs5.0774 crore from REC and Rs0.4199 crore from other sources from 2000-01 t 2014-15 as debt.

The information further revealed that while the debt burden was Rs14751.15 crore during 1999-2000, it has gone upto Rs50983.87 during 2014-15.

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