The Maha Vikas Aghadi government not only has debt burden set to hit a staggering Rs 5.2 lakh crore, but it also faces massive liabilities in the form of guarantees worth Rs 46,891 crore granted to loans taken by state-run entities. That’s a rise of 542% in four years. The figures were revealed in deputy chief minister Ajit Pawar’s budget speech on March 6.
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At Rs 47,000 crore, Maharashtra govt’s guarantees rise 542% in 4 years
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March 08, 2020