MP GOVERNMENT: State government will take loan, repayment will be done after so many years

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MP GOVERNMENT: State government will take loan, repayment will be done after so many years

MP GOVERNMENT:Bhopal.� Madhya Pradesh Government is going to take loan once again this month. The government will take this loan for the development works to be done in the state. For this, the government has decided to take a loan of Rs 2 thousand crores.

Shivraj government will take loan in the month of November. Regarding taking loan, it is being said by the Finance Department that taking government loan is a normal process. There is also a proposal to repay the loan taken after 14 years.

All governments take loans

Let us tell you that different state governments take loans for economic growth and development works of the state. Which is considered a normal process. The loan process is conducted by the Finance Department to maintain the state budget and treasury fund position.

Madhya Pradesh government has now taken a loan of about Rs 30 thousand crore in the last few months. According to estimated information, at present the state government already has a debt of Rs 3 lakh 31 thousand 651 crore. Loans are taken by the governments of different states of the country, which is considered as a normal process.

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