Cong govt spent Rs 11,200 cr on loan interest, says Himachal CM Sukhu

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The present Congress government has taken Rs 28,000 crore loan in the past two years out of which over Rs 11,200 crore was spent to pay interest on loan taken by the previous governments since 1971, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu said on Wednesday.

The chief minister reiterated the challenges of financial crunch, worst monsoon disaster in 2023 and "political conspiracy" leading to bypolls on nine assembly seats faced by the Congress government in the past two years.

Speaking at a programme to mark completion of two years of Congress government in office in Bilaspur, Sukhu said that this is not a celebration

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Category: BusinessFinance

Markets: India

Topics: 200 crore on interest on loan taken by previous govts: Himachal CM Sukhu Cong govt spent over Rs 11

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 22:27:38 (20 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 591 words

Reading Time: 4 minutes read

Sentences: 17 lines

Sentence Length: 35 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24358011

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