Gujarat's debt well within limits, economic growth better

Category : Gujarat News
Updated On : July 11, 2019 02:04 AM
By Indian Times Daily

The Gujarat government told the state Legislative Assembly that its debt of over Rs 2.40 lakh crore is well within the prescribed limits and the double digit economic growth of the state is much higher than the national average.

Responding to the Congress MLAs accusing the state government of failing on various fronts, such as failure in bringing down the debt, Energy Minister Saurabh Patel said the Gross State Domestic Product (GSDP) has now touched the mark of Rs 15 lakh crore this year as against Rs 6.15 lakh crore in 2011-12.

The Gujarat government has on July 2 presented the state Budget for 2019-20 with an overall size of Rs 2,04,815 crore.

Patel was responding to Congress legislators during the general discussion on the state Budget.

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