The debt burden of Indian states is increasing. States like Maharashtra, Uttar Pradesh, West Bengal, and Tamil Nadu carry significant debt due to infrastructure projects, welfare schemes, and other expenditures.
Maharashtra, a high-income state, faces a substantial debt exceeding Rs. 7 lakh crore due to mega-infrastructure projects like the Mumbai Metro and coastal road projects.
24
Uttar Pradesh - Rs. 6.5 Lakh Crore Debt
Uttar Pradesh has a debt of Rs. 6.5 lakh crore, driven by high population-related expenses on healthcare, education, and welfare schemes.
34
West Bengal - Rs. 5.5 Lakh Crore Debt
West Bengal's historical debt burden nears ₹5.5 lakh crore, hampered by financial management challenges and lower revenue generation.
Tamil Nadu's debt stands at Rs. 5.7 lakh crore, fueled by rising new loans, welfare scheme expenses, and free electricity for farmers.
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.