HP Govt took Rs 5677 crores as loans from Jan 1 to Jul 31: CM

Shimla, Sep 17(UNI) Himachal Pradesh Chief Minister Jai Ram Thakur on Thursday informed the state Assembly that the state Govermnent has taken gross loan tunes to Rs 5677 crores from January 1 this year till Jul 31 and loan repaid tunes to Rs 2724 crores.

The state made it clear that during this period the state has received or has due share account of state compensation in the GST tune to Rs 4105 crores.

The Chief Minister, who also holds the portfolio of finance, shared the information as a reply to a written query of Congress members Asha Kumari and Rajidner Rana during the question hour.

He said that in the financial year 2019-20 the government took a net loan of Rs 3387 crores against the 5067 crores while Gross loan state repaid Rs 1680 crores.

The state net loan was minus 434 crores in financial year 2020-21 from (Apr 1 to Jul 31) as against gross loan of Rs 610 crores state repaid the Rs 1044 crores.

The Chief Minister further said that from Jan 1, 2020 to Jul 31, 2020 state government took net loan of Rs 2953 crores as against gross loan of Rs 5677 crores taken by the state it repaid Rs 2724 crores.

Apart from above, debt liabilities on account of GPF etc also accrues to the State Government in Public Account which is maintained by the Accountant General of the State.

Since the accounts for the financial year 2019-20 were not finalised by the AG as yet, so the information is not available, he stated.

Replying to another query about GST compensation, the CM further stated that the state received a sum of Rs 2477 crores and no amount was pending for financial year 2019-20.

Mr Thakur added that in the FY 2020-21[till 31st July 2020] amount of Rs 2335 crores was protected and state GST collection was Rs 707 crores and compensation of Rs 1628 crores was due.


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