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Government's Overall Liabilities Increased By 2.6% to Rs 150.95 trillion: Report

The rise is due to a 2.6 per cent quarterly growth between October and December 2022–2023

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The government's overall liabilities increased to Rs 150.95 trillion in the December quarter from Rs 147.19 trillion in the three months ended in September 2022, according to the most recent public debt management report.

The rise is due to a 2.6 per cent quarterly growth between October and December 2022–2023.

At the end of December 2022, the government's total obligations, including those under the "Public Account," increased to Rs 1,50,95,970.8 crore. The total liabilities were Rs 1,47,19,572.2 crore as of September 30.

According to a report made public by the finance ministry on Saturday, public debt made up 89 per cent of all outstanding liabilities in the third quarter of 2018, up from 89 per cent at the end of September.

The residual maturity of nearly 28.29 per cent of the outstanding dated securities was less than 5 years.

According to the statement, the Center raised Rs 3,51,000 crore through dated securities during Q3 of FY23 as opposed to the Rs 3,18,000 crore that was announced in the borrowing calendar.

According to the statement, Rs 85,377.9 crore that was due for redemption during the quarter was paid out on schedule.
It further stated that in Q3 FY23, the weighted average yield of primary issuances increased to 7.38 percent from 7.33 percent in Q2 of FY23.

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liability union government