Interest payments, wages and salaries, and operations and maintenance spending of State Governments, RBI State Finances

Description

The Reserve Bank of India compiles the budgets of the State Governments and the UTs of Delhi, Puducherry and Jammu and Kashmir into its annual study State Finances: A Study of Budgets. The committed items of State spending in rupees crore: interest payments, gross and net of interest receipts (three years per edition; net means gross minus interest receipts), and expenditure on wages and salaries and on operations and maintenance (yearly series from 2006-07). Interest, salaries and maintenance are the spending a State cannot easily cut, and the series allow a State's burden to be followed over time. Three editions are included (2023-24, 2024-25 and 2025-26). Each edition gives the accounts of the year before last, the revised estimate of last year and the budget estimate of the budget year, so a year can appear in several editions with different estimate types and slightly different values. The table has 3,906 rows, one per State or UT, reference period, estimate type and measure, with the State name as printed beside its LGD code.