Himachal government will take loans again for ten years, this time preparations to take a 900 crores loan -the government of Himachal Pradesh to borrow 90 crore calls for development projects

The Himachal government will take a loan of Rs 900 crore at the beginning of the new financial year. This loan is taken for a period of ten years and will be used for development functions. The state government also requires this loan for the payment of salaries and pension of employees, as well as the payment of previous loans. State Bureau, Shimla. The Himachal government will take a loan of 900 crores in the first week of the new financial year. This loan is taken for a period of ten years. Himachal will have to repay the loan by April 4, 2035. Notice was issued by the Department of Finance to take loans. On April 4, Himachal will receive the loan amount. The reasoning behind the loan was argued that it would be spent on developmental works. After payment of salary and pension of civil servants, additional loans must be arranged for the balance of the Treasury. For this current financial year, the state government also declared the need for a loan of 8769 crore in its budget. This is generally three percent of the total GDP. However, the government of India has not yet told this limit. Therefore, permission must be obtained on ad hoc base from the central government. This 900 crores loan will also be adjusted in the limit for this financial year. Also read: Himachal News: 21 bridges to be built in these districts of Himachal at a cost of 140.90 crores, approval of the central government was taken twice in March, before the end of the financial loan, the state government made a loan twice in March. For the second time, a loan of 337 crore and 322 crores was taken. On March 31, 2023, the state had a loan of Rs 76,185 crore. After that, the current government has so far taken a loan of Rs 29,046 crore. 96.875 Crore calls were raised on Himachal Pradesh. Payment of the previous loan with salary, pension is loaded, the Himachal government must pay the main and loan interest of the loan, in addition to the salary and pension of the employees each month. About 1,200 crore was determined by the salary of the employees and 800 crore on the pension of pensioners. Similarly, each month is needed to repay Rs 500 crore as interest of loans and Rs 300 crore to repay the total loan head. Reading drinking water has also become expensive in Shimla, now 10 percent more will be paid; Approval of the Sukhu government every major news of your city, now on your phone. Download the most reliable companion of Local News Afjagran Local App.