India’s total public debt rose to Rs 63.35 lakh crore till June-end, up 3.6 per cent over the previous quarter, according to Government data released on Friday. The total public debt (excluding liabilities under the public account) of the Government was Rs 61.13 lakh crore as of March-end.
“This represented a quarter-on-quarter increase of 3.6 per cent in Q1 FY18 as compared to a decrease of 1.15 per cent in the previous quarter (Q4 of FY'17),” said the Public Debt Management report released by the finance ministry. The report gives an account of the public debt management and cash management operations during the quarter and attempts a rationale for major activities.