Mumbai (PTI): Senior BJP leader Devendra Fadnavis will be sworn in as the chief minister of Maharashtra on Thursday, sources said.

His name was finalised in the BJP's core committee meeting held here on Wednesday before its Maharashtra legislature party meet, they said.

Union minister Nirmala Sitharaman, former Gujarat Chief Minister Vijay Rupani and Fadnavis were present in the BJP's core committee meet.

The BJP has appointed Sitharaman and Rupani as central observers for its Maharashtra legislature party's meeting.

Ahead of the legislature party meet, BJP leader Sudhir Mungantiwar said the Mahayuti partners will meet Governor C P Radhakrishnan at 3.30 pm on Wednesday to stake a claim to form a government in the state.

The BJP achieved remarkable success in the November 20 Maharashtra elections, securing 132 out of the 288 assembly seats in the state, marking its best performance in the state so far.

Together with its allies -- the Shiv Sena led by Eknath Shinde and Ajit Pawar's NCP, the BJP-led Mahayuti coalition has a commanding majority of 230 seats.

 

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India's total external debt has increased by USD 31 billion to USD 646.79 billion in 2023, according to World Bank International Debt Report.

The report said that interest payment increased from USD 15.08 billion in 2022 to USD 22.54 billion in 2023.

While the long-term debt stocks have risen 7 per cent to USD 498 billion in 2023, short-term debt stocks declined marginally to USD 126.32 billion in 2023.

According to the report, external debt stock as percentage of exports was 80 per cent, while debt servicing was 10 per cent of exports in 2023.

The World Bank International Debt Report, 2024, further said that net debt inflows during the year worked out to be USD 33.42 billion, while the net equity inflows were higher at USD 46.94 billion in 2023.