Maharashtra’s pre-budget Economic Survey, presented by Finance Minister Ashish Jaiswal, forecasts the state’s public debt to reach ₹9.32 lakh crore by 2025-26. This represents an 18.3% increase from the ₹8.39 lakh crore recorded in 2024-25. Despite the rising liabilities, the state expects a robust GSDP growth rate of 7.9%, outperforming the national average. The debt-to-GSDP ratio is projected to remain stable between 17% and 18%, while the fiscal deficit is estimated at 2.7%, well within the 3% limit mandated by FRBM rules.
Maharashtra Public Debt Projected at ₹9.32 Lakh Crore for 2025-26
India 1 Min Read
