Bhopal, May 5 -- The Madhya Pradesh government is set to borrow an additional Rs 5,000 crore this month, further intensifying concerns over the state's ballooning debt. The loan will be acquired in two equal installments of Rs 2,500 crore each from the Reserve Bank of India and is structured for repayment over a period of 12 to 14 years. According to official sources, the transaction process will be finalized by May 6, and the funds are expected to be credited on May 7.
With this borrowing, the state's total domestic debt will climb to Rs 4.36 lakh crore-significantly surpassing the annual budget for 2025-26, which stands at Rs 4.21 lakh crore. As of March 31, 2025, Madhya Pradesh's debt had already reached Rs 4.31 lakh crore. The state ha...