MP Election: New government will be indebted to tune of Rs 3.85 lakh crore?

kungumapriya
Voting for assembly elections took place in madhya pradesh on 17 November, the result of which is going

to come on 3 December. In such a situation, the government formed in madhya pradesh on december 3 will

inherit a loan of Rs 3.85 lakh crore. If seen from this perspective, at present every citizen of the state has a

debt of Rs 47 thousand. Rs 20,000 crore from the government treasury every year is being spent only on

paying interest. It is clear that it is going to be a big challenge for the new government to fulfill its populist

election announcements with the deteriorating treasury.

Let us tell you here that the results of madhya pradesh assembly elections are to be declared on 3rd

December. After the voting, the ruling bjp and the opposition congress are claiming to form the

government. However, the voter's decision will come on december 3, but whichever party forms the

government in the state, it will inherit an empty treasury. At present the government has a debt of Rs 3.85

lakh crore. According to the current financial budget, the income of the government is Rs 2.25 lakh crore

and the expenditure is Rs 54 thousand crore more. Now the new government will need more money than the

current budget.

For more interesting updates click and follow Indiaherald WhatsApp channel

Find Out More:

Related Articles: