Government's liabilities stood at Rs 1,20,91,193 crore at the end of the first quarter of the current financial year against Rs 1,16,21,781 crore at the end of the fourth quarter of 2020-21, thus showing a quarter-on-quarter rise of 4.04 per cent.
According to the quarterly public debt management report released by the Ministry of Finance for the June quarter period of the current fiscal, public debt comprised of 91 per cent of the government's total outstanding liabilities by the end of the first quarter.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Apart from this, almost 29 per cent of outstanding dated securities showed a residual maturity of less than five years and as per the ownership pattern, commercial banks' share was almost 36 per cent while insurance companies had a share of 25 per cent till the end of the first quarter of 2021-22.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
Meanwhile in the same period, government issued dated securities worth Rs 3.46 crore and the repayment stood at Rs 1.05 crore. The weighted average maturity of newly issued dated securities stood higher at almost 17 years in June-end quarter of current fiscal, compared to 13.3 years in the fourth quarter of 2020-21.
During the June quarter of 2021-22, the Centre did not raise funds through cash management bills, the report said.
It further noted that the Reserve Bank of India initiated three open market purchase under Government Securities Acquisition Programme (GSAP 1.0). This was in addition to one special open market operation which included simultaneous purchase and sale of government securities during the June-end period of the current financial year.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
