Sunday, July 29, 2012

National public debt up 4.9 per cent

Public debt of Centre excluding liabilities, increased by 4.9 per cent to Rs.37,52,576 crore at the end of the first quarter (April-June) this fiscal from Rs.35,78,244 crore in the fourth quarter (January-March) of 2011-12.
Holding of securities by the Reserve Bank of India at end-March 2012 at 14.4 per cent was higher than 13.6 per cent a quarter ago, “mainly reflecting the impact of OMO [open market operation] purchase of securities to support liquidity.”

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