Parliament Question: Loan Borrowings and Debt of Himachal Pradesh

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE LOK SABHA UNSTARRED QUESTION NO. 3605 TO BE ANSWERED ON MONDAY, 10th AUGUST, 2026 19 SHRAVANA, 1948 (SAKA) LOAN BORROWINGS AND DEBT OF HIMACHAL PRADESH 3605. SHRI. ANURAG SINGH THAKUR: Will the Minister of FINANCE be pleased to state: (a) the total amount of loans borrowed by the State Government of Himachal Pradesh from the Reserve Bank of India (RBI), in all forms, since the Financial Year 2017-18; (b) whether the Government has any data of loans raised by the Government of Himachal Pradesh from other market sources during the same period and if so, the details thereof, source-wise; (c) whether the Government has any data on the current outstanding liabilities of the State Government of Himachal Pradesh and if so, the State's debt trends since FY 2018-19, year- wise; and (d) the latest debt-to-Gross State Domestic Product (GSDP) ratio of every State and Union Territory including Himachal Pradesh? ANSWER MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY) (a) As per the Reserve Bank of India (RBI), the details of total amount of loans borrowed by the State Government of Himachal Pradesh from the RBI, in all forms, since the Financial Year 2017-18 is given at Annexure-I.(b) Based on the information received from the RBI, the details of Gross Market Borrowings of Government of Himachal Pradesh from 2017-18 (April-March) is given at Annexure-II. (c) As per the RBI, the details of the current outstanding liabilities of the State Government of Himachal Pradesh since FY 2018-19 (as at end–March), year-wise are as follows: (Rs. in crore) 2025 2026 Year 2018 2019 2020 2021 2022 2023 2024 (RE) (BE) Outstanding 51,030 54,303 62,218 68,896 73,541 86,596 94,391 1,01,241 1,10,010 Liabilities (d) As per the RBI, the details of the latest debt-to-Gross State Domestic Product (GSDP) ratio of every State and Union Territory including Himachal Pradesh is given at Annexure- III. *****Annexure-I referred to in the answer of part (a) of Lok Sabha Unstarred question no. 3605 for 10.08.2026 Details regarding total amount of loans borrowed by the State Government of Himachal Pradesh from the Reserve Bank of India (RBI), in all forms, since the FY 2017-18 (Rs. in crore) S. No. Year Ways and Means Overdraft Advances (end-March) 1. 2018 0 0 2. 2019 0 0 3. 2020 0 0 4. 2021 0 0 5. 2022 0 0 6. 2023 0 0 7. 2024 0 0 8. 2025 777 875 9. 2026 681 0Annexure-II referred to in the answer of part (b) of Lok Sabha Unstarred question no. 3605 for 10.08.2026 Details regarding total amount of loans raised by the Government of Himachal Pradesh from other market sources, since the FY 2017-18 (Rs. in crore) S. No. FY Gross Market Borrowings 1. 2017-18 4,600 2. 2018-19 4,210 3. 2019-20 6,580 4. 2020-21 6,000 5. 2021-22 4,000 6. 2022-23 14,000 7. 2023-24 8,072 8. 2024-25 7,359 9. 2025-26 9,864 10. 2026-27 (up to July 28) 2,800Annexure-III referred to in the answer of part (d) of Lok Sabha Unstarred question no. 3605 for 10.08.2026 Details regarding latest debt-to-Gross State Domestic Product (GSDP) ratio of every State and Union Territory including Himachal Pradesh S. No. State/UT 2026 (BE) 1. Andhra Pradesh 35.4 2. Arunachal Pradesh 59.8 3. Assam 27.9 4. Bihar 36.8 5. Chhattisgarh 29.8 6. Goa 25.7 7. Gujarat 17.9 8. Haryana 29.9 9. Himachal Pradesh 42.8 10. Jharkhand 25.4 11. Karnataka 26.5 12. Kerala 35.5 13. Madhya Pradesh 31.3 14. Maharashtra 19.0 15. Manipur 39.2 16. Meghalaya 39.1 17. Mizoram 33.2 18. Nagaland 47.0 19. Odisha 20.3 20. Punjab 46.4 21. Rajasthan 35.9 22. Sikkim 38.6 23. Tamil Nadu 29.2 24. Telangana 27.5 25. Tripura 30.5 26. Uttar Pradesh 28.7 27. Uttarakhand 25.3 28. West Bengal 38.9 29. Jammu and Kashmir 33.7 30. NCT Delhi 1.5 31. Puducherry 25.9 All States and UTs 29.2 BE: Budget Estimates.