The debt on Madhya Pradesh is continuously increasing. For the second time in a week, a notification has been issued by the Madhya Pradesh Finance Department for taking a new loan of Rs 1000 crore.

The Madhya Pradesh government is taking this new loan to build and improve the current condition of roads in the state. The State Government is taking loan for the second time in this month. Earlier in October 2019 also, a loan of one thousand crore rupees was taken by the government.

The Madhya Pradesh government is taking the new loan for a period of 11 years. That is, the government has to repay the loan in a period of 11 years. During this, the government will continue to pay interest to the investors regularly.

UPSC
SSC
STATE PSC
TEACHING
RAILWAY
DEFENCE
BANKING
INSURANCE
NURSING
POLICE
SCHOLARSHIP
PSU