According to a report by Dainik Bhaskar, recently released figures show that the debt in the country is continuously increasing. On this, the Modi government is making every possible effort to raise money from everywhere to meet the expenses. But still, the Modi government has not been able to achieve success in this area yet.
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Based on the recently released data, the debt of the Central Government will increase from Rs 125 lakh crore to Rs 139 lakh crore in a short time. But according to the actual data of the Economic Office Department, the Central Government has taken a loan of Rs 125.7 lakh crore till September 2021.
On the basis of all these figures, it can be estimated that the Central Government is now going to take a loan of Rs 13.3 lakh crore. The budget for 2022–23 shows that by March 31, 2023, this debt will increase to Rs 155.3 lakh crore.
This means that now this process of taking loans is not going to stop because the government is going to take another loan of Rs 16.3 lakh crore between March 31 and March 31, 2023. Due to this, the debt of the country will increase to Rs 155.3 lakh crore.
You can see the official debt receipt of the budget for 2022–23, in which you can see that the country will have a debt of Rs 155 lakh crore by March 31, 2023.
- Before the Modi government, the country had a debt of Rs 53.1 lakh crore.
According to the report, before the Modi government came to power in 2014, the country had a debt of Rs 53.1 lakh crore. Which will now increase to Rs 155.3 lakh crore on March 31, 2023. This means that during Modi's rule, the government is certain to take a loan of Rs 100 lakh crore, out of which the government has already taken 70 percent.
Now no one has the right to say about the Modi government that it has not made any progress in the country, because if all these figures are considered, then the Modi government has already achieved 100 percent progress during its tenure. Is.
46 PSU companies are going to be sold again in the name of loans:
In the last few years, the Modi government has sold many government companies. Like many renowned companies in the petroleum sector. But again, the Modi government is on the verge of selling 46 companies. And there is only one reason for selling all these companies: all the government companies are continuously incurring losses, and the government is getting negligible profits from them. So in this situation, the government either sells all those companies or mortgages them. Or it sells a percentage stake in those companies and keeps the remaining share to itself.
And the biggest benefit to the government from this is the money coming from taxes. Because after selling the government companies, the government becomes free from worries, but after that, it collects heavy taxes from the same companies. And the second reason behind doing this is that the government has to run all those companies in the market again.
You can see the stake (in percentage) sold by the Modi government in government companies during 2014–15 here:
| Company Name | Part sold ( % ) | Remaining share ( % ) |
|---|---|---|
| National Fertilizer Limited ( NFL ) | 0.29% | 89.71% |
| SAIL | 5% | 75% |
| NALCO Limited | 0.13% | 80.93% |
| MMTC | 0.073% | 89.9268% |
| Coal India Limited ( CIL ) | 10% | 78.65% |
| NTPC | 0.04% | 78.65% |
| Hindustan Copper Limited ( HCL ) | 0.05164% | 89.95% |
| Company Name | Part Sold ( % ) | Remaining Share ( % ) |
|---|---|---|
| Rural Electrification Corporation Limited ( RECL ) | 5% | 60.64% |
| NTPC Limited ( NTPC ) | 5% | 69.96% |
| Power Finance Corporation Limited ( PFC ) | 5% | 67.80% |
| Container Corporation Of India Limited ( CONCOR ) | 5% | 56.80% |
| Indian Oil Corporation ( IOC ) | 10% | 58.57% |
| Engeneers India Limited ( EIL ) | 10% | 59.37% |
| Drezing Corporation Of India Limited ( DCIL ) | 5% | 73.56 |
| Company Name | Part Sold ( % ) | Remaining Share ( % ) |
|---|---|---|
| Indian Oil Corporation ( IOC ) | 0.5% | 58.29% |
| Engineers India Limited ( EIL ) | 0.5% | 59.32% |
| NALCO | 6.36% ( Through buyback ) | 74.57% |
| NHPC | 11.36% | 74.6% |
| Hindustan Corporation Limited ( HCL ) | 7% | 82.95% |
| NTPC | 0.22% | 69.74% |
| NMDC | 5.06% ( Through Buyback ) | 74.94% |
| Manganese Ore India Limited ( MOIL ) | 5.36% | 66.21% |
| NBCC | 15% | 75% |
| Bharat Electronics Limited ( BEL ) | 0.61% | 74.41% |
| Coal India Limited ( CIL ) | 1.248% | 79.78% |
| NHPC | 0.09% | 74.51% |
| 0.09% | 73.47% | |
| CONCOR | 0.25% | 56.79% |
| NOIL | 10% | 56.21% |
| Bharat Electronics Limited ( BEL ) | 5% | 69.41% |
| NHPC | 0.01% ( Through Buyback) | 74.50% |
| Nili Lignite Corporation Limited ( NLC ) | 0.68% ( Through Buyback ) | 89.32 |
Apart from all this, there are also government companies whose stake has been sold. And their number is much greater than the figures given above.
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