Interest Payments 2012-2013


Total Allocation for Interest Payments under MINISTRY OF FINANCE,201516. The entire expenditure included in this Appropriation is classified as 'Charged' on the Consolidated Fund of India under article 112 (3)(c)of the Constitution.The Appropriation provides for interest charges on Central Government's debt obligations, both internal and external. It also includes provisions for interest payable on provident funds, special deposits with the Government besides depreciation and other reserve funds of commercial departments, like Railways. Provision for management of debt and other liabilities of the Central government are also included in this Appropriation. The provision for interest/discount payment on dated securities/treasury bills issued under the Market Stabilisation Scheme(MSS) , in compliance with the provisions of the MOU on MSS dated March 25, 2004. The increase in the Budget Estimates 2015-2016 is mainly due to larger requirements for interest on market loans, Discount on Treasury Bills, charges payable for management of Debt, interest on securities issued against small savings collection and insurance and pension funds.

There are no views created for this resource yet.

Additional Information

Field Value
Last updated November 22, 2016
Created November 22, 2016
Format XLS
License Creative Commons Attribution
createdover 5 years ago
last modifiedover 5 years ago
on same domain1
owner orginterest-payments
package ide7142f20-62fa-402c-b6dd-ef507155d8a9
revision ide1829dc3-ac54-4897-b9f3-cac98cd3444b
url typeupload