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Maharashtra's outstanding debt is expected to rise by 11.1 per cent in 2025-26, though the overall debt burden will remain within the limits prescribed under fiscal responsibility norms, according to the Economic Survey 2025-26 tabled in the state legislature. The survey, which was tabled on Thursday, said the Debt-to-Gross State Domestic Product (GSDP) ratio is estimated at 18.3 per cent in 2025-26, well below the 25 per cent ceiling stipulated under Maharashtra Fiscal Responsibility and Budget Management (FRBM) Rules 2006. "The state's total outstanding debt is estimated at around Rs 9.3 lakh crore in 2025-26, comprising accumulated public debt and other liabilities. Domestic borrowings account for the major share of the debt stock," it said. According to the survey, domestic debt alone is projected at Rs 7,39,859 crore, accounting for 79.4 per cent of the total outstanding debt of the state. It added that the state government mainly raises resources through market borrowings and
Maharashtra's economy is expected to grow at 7.9 per cent in 2025-26 while the per capita income is projected to reach Rs 3.47 lakh, as per the Economic Survey tabled in the state legislature on Thursday ahead of the Budget. The agriculture and allied sector is expected to grow by 3.4 per cent in the present financial year. Industry is expected to grow by 5.7 per cent and the services sector by 9 per cent during this period, the survey said, adding that the services sector continues to drive the state's economy. According to the budget estimates for 2025-26, the state's revenue receipts are expected to be Rs 5,60,964 crore, including Rs 4,77,400 crore tax revenue and Rs 33,052 crore non-tax revenue. The state has maintained its fiscal deficit within 3 per cent of GSDP, and it is estimated at 2.7 per cent in 2025-26. Maharashtra continues to remain one of the strongest and most dynamic economies in the country, driven by balanced growth in agriculture, industry and services, large .
Jharkhand's economy is expected to grow by 5.96 per cent in the 2026-27 fiscal, down from the current year's estimation of 6.17 per cent, according to the state economic survey tabled in the assembly on Saturday. The survey claimed that the economic growth in the 2024-25 fiscal was 7.02 per cent, exceeding the national rate of 6.5 per cent, and marking the fourth consecutive year of growth above 7 per cent. "The real GSDP is expected to reach Rs 3,21,892 crore in 2025-26 and Rs 3,41,064 crore in 2026-27, representing growth of 6.17 per cent and 5.96 per cent, respectively. At current prices, GSDP is projected to cross Rs 5.6 lakh crore in 2025-26 and approach Rs 6.1 lakh crore in 2026-27," the survey said. The survey, tabled in the assembly by Finance Minister Radhakrishna Kishore, stated that per capita income at current prices crossed the Rs 1 lakh-mark for the first time, reaching Rs 1,16,663 in 2024-25. "Projections indicate that per capita income at constant prices is expected