Loans from the Centre to State Governments, gross and net, RBI State Finances 2023-24 to 2025-26

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. Fresh loans that the Union Government advanced to each State and UT, in rupees crore, gross and net. Net is gross loans from the Centre minus repayment of loans to the Centre, so a negative net figure means a State repaid more than it received that year. Loans from the Centre are one of the sources that finance a State's gross fiscal deficit and a component of its outstanding liabilities; this table isolates that one channel. 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 558 rows, one per State or UT, reference period, estimate type and measure, with the State name as printed beside its LGD code.