MP Spends 30% of New Loans on Old Debt

The financial situation in Madhya Pradesh has raised concerns as the state is using a substantial amount of its new borrowings to pay off old debts. This trend indicates that the state's financial health is under strain. The debt repayment is a significant burden on the state's finances, limiting its ability to invest in development projects. The state's financial management has come under scrutiny, with many questioning the sustainability of this approach.