Every citizen of Madhya Pradesh bore a `debt’ of Rs 13,853 as the state government had a liability of Rs 1.11 lakh crore at the beginning of current fiscal (2016-17), the state government said today.
“The debt of the state government increased to Rs 1,11,101.10 crore in March last year from Rs 77,413 crore in March 2014. So the average debt of every citizen of Madhya Pradesh was Rs 13,853 as of March 31, 2016,” Finance Minister Jayant Malaiya told the Assembly today.
Malaiya gave the information in a written reply to a question asked by the senior Congress MLA Ram Niwas Rawat.
The estimate was based on the state’s projected population of 8.02 crore in March 2016, he said.
As per the 2011 census, the state’s population was 7.26 crore.
The current debt figure can be determined only after receiving details from the Accountant General (AG) of the state, the minister said.
“The state government has not yet received the accounting details from the AG. The status of debt during the current financial year would only be known after receiving the details from AG,” he added.