State Finances : A Study of Budgets-2026

STATE FINANCES A STUDY OF BUDGETS OF 2025-26 DEMOGRAPHIC TRANSITION IN INDIA– IMPLICATIONS FOR STATE FINANCES RESERVE BANK OF INDIA January 2026In India – ₹ 600 (Over the Counter) – ₹ 650 (Inclusive of Postal Charges) Abroad – US$ 24 (Inclusive of Air Mail Courier Charges) © Reserve Bank of India 2026 All rights reserved. Reproduction is permitted provided an acknowledgement of the source is made.

Published by Dr. Atri Mukherjee for the Reserve Bank of India, Mumbai 400 001 and designed and printed by her at Jayant Printery LLP, 352/54, Girgaum Road, Murlidhar Temple Compound, Near Thakurdwar Post Office, Mumbai - 400 002.FOREWORD The Reserve Bank’s annual publication “State Finances: A Study of Budgets” provides a comprehensive analysis of the fiscal position of State governments in India for the period 2023-24 (actuals) to 2025-26 (budget estimates). The theme of this year’s Report is ‘Demographic Transition in India – Implications for State Finances’.

Key Takeaways of the analysis are: • States’ consolidated gross fiscal deficit increased to 3.3 per cent of gross domestic product (GDP) in 2024-25, after remaining below 3.0 per cent during the previous three consecutive years. The deficit exceeding 3 per cent mainly reflects 50-year interest free loans from the Centre under Special Assistance to States for Capital Investment, which is over and above the normal net borrowing ceiling of the States.

• For 2025-26, States have budgeted gross fiscal deficit at 3.3 per cent of GDP while improving composition of spending by restraining revenue expenditure. • The consolidated outstanding liabilities of States declined to 28.1 per cent of GDP at end- March 2024, from a peak of 31 per cent at end-March 2021. The improvement reflects both fiscal consolidation efforts, and favourable debt dynamics. The outstanding liabilities are budgeted to increase to 29.2 per cent of GDP by end-March 2026. Notwithstanding elevated debt levels, indicators of debt sustainability remain favourable.

• Indian States are at different stages of demographic transition and their demographic profiles are increasingly influencing their finances. The youthful States have a wider window of opportunity benefiting from expanding working age population and stronger revenue mobilisation. In contrast, the window is getting narrower for the ageing States, facing fiscal pressure arising out of shrinking tax bases and rising obligations from committed expenditure.

• Going forward, youthful States may harness their demographic dividend by strengthening human capital investment, intermediate States may balance growth priorities with early preparation for ageing, and ageing States may enhance revenue capacity alongside healthcare, pension and workforce policy reforms.

This Report has been prepared in the Division of State Finances (DSF) in the Department of Economic and Policy Research (DEPR) under the overall guidance of Shri Sanjay Kumar Hansda, Executive Director, and supervision of Smt. Sangeeta Das, Adviser. The DSF teamwas led by Dr. Atri Mukherjee, Director, and comprised Shri Bichitrananda Seth, Assistant Adviser, and Shri Rachit Solanki, Shri Kovuri Akash Yadav, Ms. Debapriya Saha, Shri Ettem Abhignu Yadav, and Ms. Amrita Basu, Managers. Officers from the Division of Central Finances (DCF), Dr. Shromona Ganguly, Director and Shri Anoop K. Suresh, Assistant Adviser, were also a part of the drafting team.

Inputs from Shri Harsh Kumar Gautam, General Manger, Dr. Dirghau Keshav Raut, Director, Shri Anand Prakash Ekka and Shri Sourit Das, Assistant Advisers, and Shri Prem Kumar, Manager, of the Internal Debt Management Department (IDMD) are gratefully acknowledged. Data support provided by Shri Nimish Anand Raje, Assistant Manager, Shri Angadi Phaneendra Yathy Raju, Assistant Manager and Shri Harshwardhan Hiraman Chaudhari, Assistant, are highly appreciated.

Officers from the Regional Offices of the DEPR - Dr. Rajmal, Dr. Raj Rajesh, Ms. Abhilasha, Shri B.S. Choudhary, Shri T. P. Meitei, Shri Bhag Chan Yadav, Smt. Upasana Sharma, Shri Kapil Dev Manhas, Ms. Pallavi Bhankhor, Ms. Garima Wahi, Ms. Madhuchhanda Sahoo, Dr. Silu Muduli, Dr. Kirti Gupta, Ms. Palak Godara, Shri Sudhanshu Goyal, Shri Jobin Sebastian, Shri Satyam Kumar, Ms. Shrishti Singh Patel and their staff provided significant and timely support in collection and compilation of data.

Peer review by Dr. Pallavi Chavan and Shri Asish Thomas George, Directors, and Dr. Abhinav Narayan, Assistant Adviser, are gratefully acknowledged.

Support provided by the Finance Departments of State Governments and Union Territories, the Ministry of Finance, Government of India, and the Office of the Comptroller and Auditor General (CAG) of India is also highly appreciated.

This Report is available on the Reserve Bank’s website (www.rbi.org.in). Feedback/comments to help improve the analytical and informational content of the Report may be sent to the Director, Division of State Finances, Department of Economic and Policy Research, Amar Building (6th Floor), Reserve Bank of India, Sir Pherozshah Mehta Road, Mumbai - 400 001 or through e-mail: deprfad@rbi.org.in.

Dr. Poonam Gupta Deputy Governor January 23, 2026CONTENTS Page No.

Foreword List of Abbreviations .............................................................................................................. vi

Chapter I: Overview ................................................................................................................ 1

Chapter II: Fiscal Position of the State Governments ......................................................... 3

1. Introduction ............................................................................................................... 3

2. Key Fiscal Indicators ................................................................................................ 3

3. Receipts.................................................................................................................... 4

4. Expenditure .............................................................................................................. 9

5. Actual Outcome in 2025-26 So far and Outlook ....................................................... 14

6. Financing GFD and Market Borrowings by State Governments and UTs ................ 16

7. Outstanding Liabilities .............................................................................................. 20

8. Conclusion ................................................................................................................ 23 Annex II.1: States’ Expenditure on Research and Development (R&D) ................... 24

Chapter III: Demographic Transition in India – Implications for State Finances .............. 29

1. Introduction .............................................................................................................. 29

2. Demographic Transition in India ............................................................................... 29

3. Demographic Profile of Indian States ....................................................................... 31

4. Fiscal Implications of Demographic Changes ......................................................... 34

5. Policy Options........................................................................................................... 41

6. Conclusion ................................................................................................................ 48 Annex III.1: State-wise Policy Initiatives to Address Demographic Needs .............. 49

Chapter IV: The Way Forward ................................................................................................ 55 References .............................................................................................................................. 58 Explanatory Note on Data Sources and Methodology ........................................................ 60 iPage No.

LIST OF BOXES II.1 Stamp Duty and Registration Fees: Revenue Efficiency across States ......................... 7 II.2 Evolution of States’ Fiscal Priorities: Text Mining of Budget Speeches .......................... 11 III.1 Leveraging Demographic Dividend: Insights from East Asia .......................................... 44 III.2 Demographic Criteria in Finance Commission Awards - An Evolving Framework ......... 47 LIST OF TABLES II.1 Major Deficit Indicators - All States and Union Territories with Legislature ..................... 4 II.2 Aggregate Receipts of State Governments and UTs ...................................................... 5 II.3 Expenditure Pattern of State Governments and UTs...................................................... 9 II.4 Changes in Gross Market Borrowings across Major States ........................................... 17 II.5 Market Borrowings of State Governments...................................................................... 17 II.6 Maturity Profile of Outstanding State Government Securities ........................................ 18 II.7 State Governments’ Investments in Treasury Bills ........................................................ 19 II.8 Investment in CSF/GRF by State Governments and UTs .............................................. 20 II.9 Outstanding Liabilities of State Governments and UTs .................................................. 21 II.10 Composition of Outstanding Liabilities of State Governments and UTs ......................... 21 II.11 Guarantees Issued by State Governments .................................................................... 22 III.1 Total Fertility Rate and Life Expectancy of States/UTs ................................................... 31 III.2 State-wise Share of Population Above 60 Years of Age ................................................. 32 III.3 State-wise Share of Working Age Population 2026- 2036 .............................................. 33 III.4 Revenue Indicators for States ........................................................................................ 35 III.5 Revenue Indicators of States by Demography ............................................................... 35 III.6 Key Social Sector Expenditure Components ................................................................. 35 III.7 State-wise Old-Age Dependency Ratio ......................................................................... 43 LIST OF CHARTS II.1 States’ Gross Fiscal Deficit ............................................................................................. 4 II.2 States’ GFD-GSDP Ratios in 2025-26 (BE) ................................................................... 5 II.3 Declining Components of Grants-in-Aid to States .......................................................... 6 iiPage No.

II.4 States’ Own Tax Revenues............................................................................................. 6 II.5 Components of States’ Revenue Expenditure ............................................................... 10 II.6 States’ Social Sector Expenditure .................................................................................. 10 II.7 Major Components of Capital Outlay.............................................................................. 11 II.8 Indicators of States’ Composition of Expenditure ........................................................... 13 II.9 Number of States Implementing Reforms under the Special Assistance Scheme during 14 2024-25 ..........................................................................................................................

II.10 Research and Development Expenditure - Component-wise ........................................ 14 II.11 Revenue Receipts of States during April-November ..................................................... 15 II.12 Growth in States’ Revenue and Capital Expenditure ..................................................... 15 II.13 States’ Gross Market Borrowings ................................................................................... 16 II.14 States’ Gross Market Borrowings: H1 ............................................................................ 17 II.15 Maturity Profile of Outstanding State Government Securities at end-March .................. 18 II.16 Movement of SGS Yield and Spread .............................................................................. 19 II.17 Indicators of States’ Debt Sustainability ......................................................................... 22 II.18 Gross Fiscal Deficit of States and 50-year Interest- Free Loans ................................... 22 III.1 Changing Demographic Patterns - India ........................................................................ 30 III.2 Demographic Shifts - State-wise .................................................................................... 33 III.3 States’ Expenditure on Key Social Sector Components ................................................. 36 III.4 Average Share of Social Sector Expenditure Components (Youthful States) .........…… 37 III.5 Quality of States’ Expenditure Across Demographic Group ........................................... 38 III.6 Average Share of Social Sector Expenditure Components (Intermediate States) ......... 38 III.7 Average Share of Social Sector Expenditure Components (Ageing States) .................. 39 III.8 Indicators of States’ Debt Burden ................................................................................... 41 LIST OF APPENDIX TABLES FOR STATES’ BUDGETS 2025-26

1. Major Deficit Indicators of State Governments ............................................................... 65

2. Devolution and Transfer of Resources from the Centre ................................................. 66

3. Development and Non-Development Expenditure: Aggregate ....................................... 69

4. Development Expenditure - Major Heads....................................................................... 70 iiiPage No.

5. Non-Development Expenditure - Major Heads ............................................................... 71

6. Development and Non-Development Expenditure ......................................................... 72

7. Composition of Social Sector Expenditure ..................................................................... 73

8. Decomposition of Gross Fiscal Deficit ............................................................................ 75

9. Financing of Gross Fiscal Deficit .................................................................................... 76

10. Financing of Gross Fiscal Deficit - As per cent of Total .................................................. 77

11. Composition of Outstanding Liabilities of State Governments and UTs ......................... 78

12. Composition of Outstanding Liabilities of State Governments and UTs - As per cent of 79 Total ................................................................................................................................

13. State Government Market Borrowings ........................................................................... 80 LIST OF STATEMENTS AND APPENDICES FOR STATES’ BUDGETS 2025-26 LIST OF STATEMENTS

1. Major Fiscal Indicators.................................................................................................... 85

2. Revenue Deficit/Surplus ................................................................................................. 87

3. Gross Fiscal Deficit/Surplus ........................................................................................... 88

4. Decomposition of Gross Fiscal Deficit ............................................................................ 89

5. Financing of Gross Fiscal Deficit – 2023-24 (Accounts)................................................. 90

6. Financing of Gross Fiscal Deficit – As per cent of Total – 2023-24 (Accounts) .............. 91

7. Financing of Gross Fiscal Deficit – 2024-25 (Revised Estimates).................................. 92

8. Financing of Gross Fiscal Deficit – As per cent of Total – 2024-25 93 (Revised Estimates) .......................................................................................................

9. Financing of Gross Fiscal Deficit – 2025-26 (Budget Estimates) ................................... 94

10. Financing of Gross Fiscal Deficit – As per cent of Total 2025-26 (Budget Estimates) .... 95

11. Development Expenditure .............................................................................................. 96

12. Non-Development Expenditure ...................................................................................... 97

13. Interest Payments........................................................................................................... 98

14. Tax Revenue................................................................................................................... 99

15. Non-Tax Revenue ........................................................................................................... 100

16. Loans from the Centre .................................................................................................... 101 ivPage No.

17. Devolution and Transfer of Resources from the Centre ................................................. 102

18. Composition of Outstanding Liabilities ........................................................................... 103

19. Total Outstanding Liabilities of State Governments ........................................................ 106

20. Total Outstanding Liabilities - As per cent of GSDP ....................................................... 107

21. Market Borrowings of State Governments...................................................................... 108

22. State Government Market Loans.................................................................................... 109

23. Maturity Profile of Outstanding State Government Securities ........................................ 157

24. Maturity Profile of Outstanding State Government Securities - As Per cent of Total ...... 158

25. Investment Outstanding in Treasury Bills ....................................................................... 159

26. Expenditure on Education - As per cent of Aggregate Expenditure ............................... 160

27. Expenditure on Medical and Public Health and Family Welfare - As per cent of Aggregate 161 Expenditure ....................................................................................................................

28. Outstanding Guarantees of State Governments ............................................................ 162

29. Expenditure on Wages and Salaries .............................................................................. 163

30. Expenditure on Operations and Maintenance ................................................................ 164

31. Social Sector Expenditure .............................................................................................. 165

32. Social Sector Expenditure as per cent of Total Disbursement ........................................ 166

33. Revenue Receipts of State Governments and UTs ........................................................ 167

34. Revenue Expenditure of State Governments and UTs ................................................... 168

35. Development Expenditure: Select Indicators.................................................................. 169

36. Subsidies ........................................................................................................................ 170

37. States’ Expenditure on Medical and Public Health, Family Welfare and Water Supply 171 and Sanitation.................................................................................................................

APPENDICES I. Revenue Receipts of States and Union Territories with Legislature ............................... 175 II. Revenue Expenditure of States and Union Territories with Legislature .......................... 209 III. Capital Receipts of States and Union Territories with Legislature .................................. 243 IV. Capital Expenditure of States and Union Territories with Legislature ............................. 261 NOTE TO APPENDICES ......................................................................................................... 311 vList of Abbreviations ATB Auction Treasury Bill IRDP Integrated Rural Development Programme BE Budget Estimate ISSE Integrated Scheme for School BPL Below Poverty Line Education CAG Comptroller and Auditor General ITB Intermediate Treasury Bill CE-TE Capital Expenditure to Total Expenditure MoHFW Ministry of Health and Family Welfare CGS Cental Government Securities NIPFP National Institute of Public Finance CHC Community Health Center and Policy CO Capital Outlay NPS National Pension System CSF Consolidated Sinking Fund NSO National Statistics Office CSS Centrally Sponsored Schemes NSSF National Small Saving Funds DBT Direct Benefit Transfer OADR Old-Age Dependency Ratio FCs Finance Commissions OD Overdraft FC-XIII Thirteenth Finance Commission OPS Old Pension Scheme FC-XIV Fourteenth Finance Commission OECD Organisation for Economic FC-XV Fifteenth Finance Commission Co-operation and Development FC-XVI Sixteenth Finance Commission PA Provisional Account FRBM Fiscal Responsibility and Budget Management PD Primary Deficit GDP Gross Domestic Product PHC Primary Health Centre GFD Gross Fiscal Deficit PM -AJAY Pradhan Mantri Anusuchit Jaati Abhyuday Yojana GRF Guarantee Redemption Fund PPP Public Private Partnership GSDP Gross State Domestic Product R&D Research and Development GST Goods and Services Tax HDI Human Development Index RBI Reserve Bank of India HPTCP Himachal Pradesh Town and Country RD Revenue Deficit Planning RE Revised Estimate ILO International Labour Organization RECO Revenue Expenditure to Capital IMF International Monetary Fund Outlay InvIT Infrastructure Investment Trust RR Revenue Receipt IP Interest Payment SDF Special Drawing Facility viSDRF Stamp Duty and Registration Fees TNUFIP Tamil Nadu Urban Flagship Investment Program SHG Self Help Group ULB Urban Local Body SGS State Government Securities UN United Nations SGST States Goods and Services Tax UNFPA United Nations Population Fund SNA- Single Nodal Agency - Samayochit UT Union Territory SPARSH Pranaalee Ekeekrut Sheeghr VAT Value Added Tax Hastaantaran WAS Weighted Average Spread TCP Town and Country Planning WAY Weighted Average Yield TFR Total Fertility Rate WMA Ways and Means Advance viiI Overview Indian States are at different stages of demographic transition. While some of them have already started ageing, others are at considerably earlier phases of transition, enjoying a wider window of opportunity for economic growth. The diverse demographic trajectories of States necessitate differential fiscal policy approaches suitable for their respective age structure and the relevant fiscal challenges.

1.1 India’s demographic profile stands at a from 14.0 in Bihar to 30.1 in Kerala. Accordingly, decisive inflection point. With over 1.4 billion the effective demographic windows of opportunity, people and a median age of 28 years, its working- i.e., when the maximum demographic dividend age population is at a historical peak and is can be reaped, also vary across the States. While projected to remain high throughout the coming some States have already started seeing an decade. This demographic window offers a ageing population, others are at a considerably unique opportunity to boost economic growth and earlier phase of demographic transition, with strengthen public finances if the expanding labour young and fast-growing population and rising force is productively employed and supported by labour force participation rates, which present a coherent policies. Simultaneously, India’s fertility significant opportunity for economic growth.

rate has declined to near-replacement levels, and

1.3 Past studies have shown that demographic rising life expectancy signals an imminent shift factors have significant influence on government towards population ageing. Population ageing finances (IMF, 2025; OECD 2022; ECB, 2022). In could soften India’s annual gross domestic product the younger States, a larger workforce can lead to

(GDP) growth in the medium term (IMF, 2025). As increased savings, investments, and consumption, India moves past its demographic turning point fuelling economic progress if supported by in the second half of the century, this decline a favourable policy environment of quality is expected to intensify. India must therefore education, skill training, healthcare facilities, and leverage its current youth bulge while preparing decent employment opportunities (Jain and Goli, for an ageing demographic structure.

2022). This will broaden the tax base and enhance

1.2 The national-level indicators conceal revenue generation. In contrast, in the matured large inter-State divergences in demographic States, population ageing may pose a burden on parameters. The timing and pace of demographic fiscal policy, through upward pressure on pension transition vary significantly across the States. and welfare spending, while adversely affecting For instance, the median age varies from around the tax base and the structure of public revenues.

23 years in Bihar to around 37 years in Kerala. To safeguard against the adverse economic and Similarly, the old age dependency ratio1 varies fiscal consequences of population ageing, there 1 Old-Age Dependency Ratio measures the ratio of population aged 60 years and above relative to the working-age population (15-59 years).

1State Finances : A Study of Budgets of 2025-26 is a need for fiscal buffers, improved quality of considering their population dynamics and the public finance and structural reforms (ECB, 2022). related fiscal challenges.

Given that Indian States are at different stages

1.5 Chapter II of this Report undertakes an in- of demographic transition, uniform fiscal policies depth analysis of the fiscal position of States in may not be suitable for them. Their diverse terms of actual outcomes for 2023-24, revised demographic trajectory necessitates a balanced estimates (RE) and provisional accounts (PA) for policy approach that leverages the economic 2024-25, and budget estimates (BE) for 2025- potential of a young workforce while addressing the

26. It presents the policy initiatives announced health and social needs of an ageing population. in State budgets towards revenue augmentation,

1.4 In this backdrop, this year’s Report adopts expenditure management and fiscal consolidation ‘Demographic Transition in India: Implications and evaluates their R&D expenditures. Debt for State Finances’ as its theme. It undertakes dynamics in terms of market borrowings, a comprehensive analysis of the demographic outstanding liabilities and guarantees are also trends across major States in India and groups the discussed in the Chapter.

States under three broad categories – Youthful, Intermediate and Ageing – based on their current 1.6 The theme of this year’s report, age structure and projected demographic trajectory. ‘Demographic Transition in India: Implications for Using this classification, the Report examines the State Finances’, is covered in Chapter III. The preparedness of the States to handle their current Chapter analyses demographic changes in India and future demographic challenges. For instance, both at the national level and State level. It highlights whether the youthful States are capitalising their the fiscal implications of demographic changes demographic advantage through higher spending in terms of their impact on State government on education, skilling, and job creation; the revenue, expenditure and debt sustainability. The intermediate States are augmenting their growth

Chapter also suggests policy options for States at potential through investment in innovation and different stages of demographic transition. infrastructure creation, implementation of urban

1.7 Chapter IV concludes by envisioning the reforms and encouraging female workforce participation; and the ageing States are making way forward for State finances. Appendices and adequate provisions for additional expenditure statements present detailed data, both aggregate on healthcare, pensions, and social welfare. The and State-wise, on various budgetary components analysis is complemented by forward looking and fiscal indicators of all States and Union policy suggestions for each category of States, Territories with legislatures.

2Fiscal Position of the State II Governments After remaining below 3 per cent of GDP for three successive years during 2021-22 to 2023-24, the consolidated gross fiscal deficit of States widened to 3.3 per cent of GDP in 2024-25. Slower revenue growth, coupled with higher capital expenditure contributed to the widening of deficit. For 2025-26, States have budgeted gross fiscal deficit at 3.3 per cent of GDP, while continuing to improve expenditure quality. Elevated debt level and growing contingent liabilities persist as key vulnerabilities, even as their debt-servicing pressures have eased due to interest-free loans from the Centre.

1. Introduction 2. Key Fiscal Indicators

2.1 The deficit indicators of States widened 2.3 Finances of the State governments have in 2024-25.1 Slower revenue growth, coupled recovered sharply in the post pandemic years with higher capital expenditure contributed to as reflected in the moderation of their GFD-GDP the widening of deficits. States’ continued thrust ratio from 4.1 per cent in 2020-21 (Table II.1;

on capital expenditure augurs well for medium- Chart II.1). The improvement was driven by a term growth prospects. For 2025-26, States have broad-based recovery in revenue performance budgeted gross fiscal deficit at 3.3 per cent of and enhanced expenditure quality through the GDP, while continuing to improve expenditure rise in capital outlay2 and reduction in revenue quality.

expenditure.

2.2 This chapter evaluates the fiscal performance

2.4 Since 2023-24, the GFD-GDP ratio has of States in 2023-24 and 2024-25 and analyses moved upwards reaching 3.3 per cent in 2024-25 their budget estimates for 2025-26. The remainder (Chart II.1). The rise in fiscal deficit in 2024-25 of this chapter is organised into seven sections.

was driven primarily by lower revenue receipts

Section 2 presents the key fiscal indicators. largely attributed to lower grants from the Centre.

Sections 3 and 4 analyse receipts and expenditure Notwithstanding, the consolidated GFD-GDP ratio patterns, respectively. Section 5 reviews fiscal continued to remain within the Centre’s prescribed outcomes in 2025-26 so far and presents the ceiling of 3.5 per cent (including 0.5 per cent linked outlook for the rest of the year. Section 6 discusses the financing pattern of the consolidated fiscal to power sector reform). Sustained higher capital deficit of States. Section 7 examines debt positions expenditure strengthens the quality of fiscal and contingent liabilities of States. Concluding adjustment and augurs well for medium-term remarks are presented in Section 8. growth.

1 The consolidated data for 2024-25 are based on Provisional Accounts (PA) data from the Comptroller and Auditor General of India (CAG) for 28 States and UTs and budget estimates for three States and UTs.

2 Capital outlay is the major part of total capital expenditure. Another component is loans and advances made by State governments to their public sector undertakings (PSUs), local bodies, and similar entities, with an (average) share of around 8.5 per cent between 2021–22 and 2025–26.

3State Finances : A Study of Budgets of 2025-26 Table II.1: Major Deficit Indicators - All States and Union Territories with Legislature (₹ Lakh crore) Item 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2024-25 2024-25 2025-26

(BE) (RE) (PA) (BE) 1 2 3 4 5 6 7 8 9 10 Gross Fiscal Deficit 5.2 8.0 6.5 7.2 8.8 10.4 11.6 10.8 11.8 (Per cent of GDP) (2.6) (4.1) (2.8) (2.7) (2.9) (3.2) (3.5) (3.3) (3.3) Revenue Deficit 1.2 3.7 1.0 0.6 0.9 0.8 1.9 2.1 0.8 (Per cent of GDP) (0.6) (1.9) (0.4) (0.2) (0.3) (0.2) (0.6) (0.6) (0.2) Primary Deficit 1.7 4.2 2.3 2.6 3.7 4.8 6.0 5.7 5.5 (Per cent of GDP) (0.9) (2.1) (1.0) (1.0) (1.2) (1.5) (1.8) (1.7) (1.5) BE: Budget Estimates. RE: Revised Estimates. PA: Provisional Accounts.

Note: GDP at current market prices is based on the National Statistics Office (NSO)’s National Accounts 2011-12 series.

Sources: Budget documents of State governments; and Comptroller and Auditor General of India (CAG).

2.5 For 2025-26, States have budgeted a GFD- States have budgeted to surpass 3.5 per cent GDP ratio of 3.3 per cent, maintaining the previous (Chart II.2). year’s level. An increase in revenue collection is

3. Receipts expected to be offset by a corresponding rise in spending. While 16 States have budgeted a 2.6 Revenue receipts of the States remained GFD exceeding 3.0 per cent of their gross state constrained in 2023-24 and 2024-25 due to domestic product (GSDP), within these, 13 sharp decline in grants-in-aid3 from the Centre Chart II.1 States' Gross Fiscal Deficit (Per cent of GDP)

4.5

4.1

4.0

3.5 3.3 3.3

2.9

3.0 2.8 2.8

2.7

2.5 2.3

2.2

2.0

1.5

1.0

0.5

0.0 2005-06 to 2010-11 to 2015-16 to 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2009-10 2014-15 2019-20 (PA) (BE)

(average) (average) (average) PA: Provisional Accounts. BE: Budget Estimates.

Sources: Budget documents of State governments; and CAG.

3 These grants include the Centre’s plan schemes, centrally sponsored schemes, finance commission grants and other transfers or grants to States/Union Territories with legislature. Finance Commission grants, in turn, comprise post-devolution revenue deficit grants, grants to local bodies (rural and urban), grants for the health sector, grants-in-aid for State Disaster Response Funds (SDRF), and other specific- purpose transfers.

4Fiscal Position of the State Governments Chart II.2 States' GFD-GSDP Ratios in 2025-26 (BE) (Per cent of GSDP)

9.0

8.0

7.0

6.0

5.0

4.0

3.0

2.0

1.0

0.0

Source: Budget documents of State governments. on account of decline in GST compensation and Chart II.3). Tax receipts remained strong, largely post-devolution revenue deficit grants (Table II.2; driven by the robust devolution from the Centre.

Table II.2: Aggregate Receipts of State Governments and UTs (₹ Lakh crore) Item 2020-21 2021-22 2022-23 2023-24 2024-25 2024-25 2025-26

(RE) (PA) (BE) 1 2 3 4 5 6 7 8

1. Revenue Receipts (a+b) 25.9 32.3 36.5 39.3 45.8 41.7 51.3 (13.0) (13.7) (13.6) (13.0) (13.9) (12.6) (14.4) a. States’ Own Revenue (i+ii) 13.5 17.2 20.4 22.7 26.1 - 29.8 (6.8) (7.3) (7.6) (7.5) (7.9) - (8.4) i. States’ Own Tax 11.7 14.7 17.6 19.5 22.3 - 25.5 (5.9) (6.2) (6.6) (6.5) (6.8) - (7.1) ii. States’ Own Non-Tax 1.8 2.5 2.8 3.2 3.7 3.4 4.4 (0.9) (1.0) (1.0) (1.1) (1.1) (1.0) (1.2) b. Central Transfers (i+ii) 12.4 15.1 16.1 16.6 19.8 - 21.5 (6.2) (6.4) (6.0) (5.5) (6.0) - (6.0) i. Shareable Taxes 6.0 8.8 9.5 11.3 12.9 - 14.2 (3.0) (3.7) (3.5) (3.8) (3.9) - (4.0) ii. Grants-in-Aid 6.4 6.2 6.6 5.3 6.9 4.5 7.2 (3.2) (2.6) (2.5) (1.8) (2.1) (1.4) (2.0)

2. Non-Debt Capital Receipts (i+ii) 0.2 0.2 0.1 0.2 0.2 0.2 0.5 (0.1) (0.1) (0.0) (0.1) (0.1) (0.1) (0.1) i. Recovery of Loans and Advances 0.1 0.2 0.1 0.2 0.2 0.2 0.2 (0.1) (0.1) (0.0) (0.1) (0.1) (0.1) (0.1) ii. Miscellaneous Capital Receipts 0.1 0.0 0.0 0.0 0.0 0.0 0.2 (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.1) RE: Revised Estimates. PA: Provisional Accounts. BE: Budget Estimates.

Note: 1. Figures in parentheses are per cent of GDP.

2. ‘-’ : not available.

3. Components may not add up to total due to rounding off.

Sources: Budget documents of State governments; and CAG.

5 hsedarP lahcanurA mikkiS rimhsaK dna ummaJ arupirT hsedarP ayhdaM hsedarP arhdnA nahtsajaR hsedarP lahcamiH bajnuP maroziM hragsittahhC massA lagneB tseW rupinaM sTU/setatS llA ahsidO alareK anagnaleT udaN limaT rahiB hsedarP rattU ayalahgeM akatanraK dnahkarattU arthsarahaM dnalagaN anayraH aoG dnahkrahJ tarajuG yrrehcuduP ihleD

TCNState Finances : A Study of Budgets of 2025-26 components. While growth in SGST and States’ Chart II.3: Declining Components of Grants-in-Aid to States excise duties remained robust, sales tax collection (Per cent of GDP)

0.6 grew modestly in 2023-24 and 2024-25 (Chart II.4b). The efficiency in mobilising stamp duties

0.5 and registration fees has steadily strengthened

0.4 since 2021-22, reflecting administrative reforms and digitalisation, albeit with significant inter-State

0.3 variation (Box II.1).

0.2

2.8 For 2025-26, States have budgeted a sharp

0.1 rise in revenue receipts, underpinned by higher own tax collections and a rebound in grants.

0.0 As per the Union budget, the tax devolution is 2021-22 2022-23 2023-24 2024-25 2025-26

(RE) (BE) expected to increase from 3.9 per cent of GDP GST compensation Post devolution revenue deficit grants in 2024-25 to 4.0 per cent in 2025-26. Non-tax RE: Revised Estimates. BE: Budget Estimates.

Source: Budget documents of State governments. revenue is also expected to improve, backed by a slew of measures across States. Following the Non-tax revenues of States - a small component - Supreme Court’s decision on taxing of minerals, also registered a marginal increase.

Karnataka has passed a legislation to levy tax

2.7 States’ own tax base is highly concentrated, on major minerals, in addition to the royalty and with goods and services tax (SGST), sales tax, expects additional revenue from tax on mines excise duties, and stamp duties and registration in 2025-26. Rajasthan and West Bengal have fees together constituting about 90 per cent of total announced reforms to bring transparency and own tax collections (Chart II.4a). Within States’ start faceless management of mines to improve own tax revenue, the collection varied across revenue collection. Rajasthan has proposed to set Chart II.4 States’ Own Tax Revenues a. 5-year Average Share of Components b. Growth Rates of Components of States' of States' Own Tax Revenues Own Tax Revenues (Per cent) (Per cent)

25.0

5.3

5.4

20.0

11.3

41.2

15.0

13.7 10.0

5.0

23.1

0.0 State goods and services tax Stamps and registration fees State goods Sales State Stamps and and services tax tax//VAT excise duties registration fees Sales tax/VAT Taxes on vehicles State excise Others 2022-23 2023-24 2024-25 (PA) 2025-26 (BE) PA: Provisional Accounts. BE: Budget Estimates.

Source: Budget documents of State governments.

6Fiscal Position of the State Governments Box II.1: Stamp Duty and Registration Fees: Revenue Efficiency across States It is widely argued that the taxation power of States has To assess tax efficiency empirically, following Battese declined following the implementation of the goods and and Coelli (1995), a stochastic frontier analysis (SFA)4 is services tax (GST), which has subsumed a wide range of applied to data for 17 major States during the period 2004- their independent indirect taxes, such as value added tax 05 to 2022-23. The model includes five determinants:

(VAT), sales tax, octroi, and entry tax. Among the current gross state domestic product (economic scale), capital State taxes, most prominent are the sales tax/ VAT on outlay (role of public investment in augmenting the tax petroleum products, State excise duties on liquor, and base), registered factories (industrialisation and depth stamp duties and registration fees (SDRF) on immovable of the formal sector), bank credit-GSDP ratio (financial property transactions. In the post GST period (2017-18 penetration), and a debt dummy (debt-GSDP ratio above to 2022-23), SDRF collections have recorded a robust 25 per cent)5. The debt dummy tests whether higher average buoyancy of 1.5 - significantly higher than sales indebtedness forces greater tax effort, consistent with tax and excise duties - highlighting its potential to augment evidence that debt levels above 25 per cent of GSDP fiscal capacity of States (Chart 1). may constrain growth (Bhattacharya et al., 2024). Results indicate that all five variables positively influence SDRF Stamp duty and registration fees in India typically range collections (Table 1).

between 4-10 per cent of the property value, depending on location, property type and buyer category. Nevertheless, Based on the estimated coefficients presented in Table a few large States continue to record buoyancy levels 1, tax capacity (the maximum SDRF revenue a State can below the average, reflecting inter-State disparities and achieve, given its economic and fiscal characteristics) suboptimal mobilisation, often constrained by structural is estimated for each State. Next, the tax efficiency of and administrative inefficiencies (Karnik and Raju, 2015; individual States is computed as the ratio of actual tax FC-XV). This box analyses (i) the factors influencing SDRF revenue to the corresponding stochastic tax frontier collection, and (ii) the efficiency of SDRF mobilisation over (tax capacity). Two key observations emerge. First, the time and across States. average efficiency across States has moved upwards, with Table 1: Results from Stochastic Frontier Analysis Chart 1: Average Bouyancy of States’ Own

Explanatory Variable Dependant Variable: Ln Stamp Tax Revenue Components post-GST Duty and Registration Fees

2.0 Coefficient z-value

1.45 GSDP 0.669*** 11.15

1.5 Capital outlay 0.181*** 4.36

1.0 Number of factories 0.199*** 4.16 Bank credit share of GSDP 0.359*** 4.71

0.5 Debt burden dummy 0.096** 2.16

0.20 -0.08 Constant -5.186*** -15.71

0.0 No. of observations 313 Stamps and Sales tax State excise

registration Notes: (i) *** indicates significance at 1 per cent level. -0.5 fees (ii) ** indicates significance at 5 per cent level.

(iii) All quantative variables are in natural log terms.

Source: Staff estimates. Source: Staff estimates. (Contd.) 4 The underlying framework estimates a production function that represents the maximum SDRF revenue a State can achieve, given its economic and fiscal characteristics. Following Battese and Coelli (1995), the stochastic frontier model for panel data is specified as:

SDRF βX v u it it it it where SDRF denotes the logarithm of stamp duty and registration fee revenue of State i at time t; X is the set of explanatory variables; β ln = it+ – it is a vector of unknown parameters; v is a symmetric statistical error term; and u is the non-negative inefficiency component capturing the it it shortfall of actual collections from potential revenue (Aigner, Lovell and Schmidt, 1977).

5 The first three indicators have been used by Rayudu, 2019 to assess revenue efficiency of SDRF of Indian States.

7State Finances : A Study of Budgets of 2025-26 Chart 2: Average Technical Efficiency of Stamp Duty Registration Fees Post GST a. All States b. State-wise

0.76

0.74

0.72

0.7

0.68

0.66

0.64

0.62

0.6 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 Average Technical All States average efficiency efficiency scores 0.3 0.6 0.9

Note: Maps are for illustrative purpose only.

Source: Staff estimates. a steeper rise after 2021-22 (Chart 2a). This reflects post- Battese, G. E., & Coelli, T. J. (1995). A model for technical pandemic recovery in property transactions, accelerated inefficiency effects in a stochastic frontier production digitisation of land records, and renewed policy focus on function for panel data. Empirical Economics, 20(2), 325– revenue mobilisation. Second, efficiency varies widely 332. https://doi.org/10.1007/BF01205442 across States, ranging from 0.3 to 0.9 (Chart 2b). Better Bhattacharya, R., Prasanth, C., & Rao, R.

performance in some States is partly attributable to Kavita. (2024). How much Debt is Optimal for the improved digitisation, revision of fair value of land parcels, Major Indian States? Economic Growth vs. Debt micro-zoning of ready reckoner values, and rationalised Sustainability (NIPFP Working Paper No. 411). National duty structures with targeted incentives. These measures may offer replicable pathways for other States to harness Institute of Public Finance and Policy.

the full potential of this critical revenue source.

Karnik, A. V., & Raju, S. (2015). Efficiency of stamp duty References and registration fee collection in Indian states. Indian Economic Journal, 63(1), 98–116.

Aigner, D., Lovell, C. A. K., & Schmidt, P. (1977). Formulation and estimation of stochastic frontier production function Rayudu, A. (2019). Tax revenue efficiency of Indian states: models. Journal of Econometrics, 6(1), 21–37. https://doi. The case of stamp duty and registration fees. NIPFP org/10.1016/0304-4076(77)90052-5 Working Paper No. 278.

up a new company ‘Rajasthan Mineral Exploration Command Control Centre and Data Analytics Unit Limited’ for prospecting of minerals. for better monitoring and enforcement of Excise Act. In addition, several States such as Delhi,

2.9 States are increasingly turning to data driven Haryana, and Maharashtra have announced administrative and policy reforms to strengthen revenue mobilisation. Recent initiatives include amnesty schemes to settle legacy disputes, while rationalisation of excise duty structures in Rajasthan has announced additional revenue Goa and reforms in motor vehicle taxation in mobilisation plans through asset monetisation via Maharashtra. Assam has proposed to set up a land pooling, land aggregation and InvITs6.

6 Infrastructure Investment Trusts (InvITs) raise funds from investors and invest primarily in assets in infrastructure sector. Income generated from the underlying assets of the InvITs is distributed to the unit holders/investors.

8Fiscal Position of the State Governments

4. Expenditure and social security and welfare increased (Chart II.5a). Non-development expenditure also Revenue Expenditure moderated marginally, supported by lower interest

2.10 Revenue expenditure of States has payments and pension outgo (Chart II.5b). moderated considerably, registering a sustained

2.12 The revenue expenditure declined further in decline from 14.9 per cent of GDP in 2020- 2024-25 (PA) but is budgeted to rise to 14.6 per 21 to 13.3 per cent in 2024-25 (Table II.3). cent of GDP in 2025-26 (Table II.3). Social sector This moderation has been achieved through expenditure is expected to be the major driver of expenditure rationalisation without any cut in their revenue expenditure in 2025-26 with a budget social sector spending.

estimate of 8.2 per cent of GDP (Chart II.6).

2.11 The moderation in revenue expenditure in Capital Expenditure 2023-24 was achieved through a reduction in both development and non-development components 2.13 States’ capital expenditure has firmed (Table II.3). Within development expenditure, up steadily since the pandemic, reflecting their outlays on education and housing declined from growing emphasis on strengthening medium- the previous year, while spending on agriculture term economic growth. The increase in spending Table II.3: Expenditure Pattern of State Governments and UTs (₹ Lakh crore) Item 2020-21 2021-22 2022-23 2023-24 2024-25 2024-25 2025-26

(RE) (PA) (BE) 1 2 3 4 5 6 7 8 Aggregate Expenditure (1+2 or 3+4+5) 34.2 39.0 43.9 48.3 57.7 52.8 63.6 (17.2) (16.5) (16.3) (16.0) (17.4) (16.0) (17.8)

1. Revenue Expenditure 29.6 33.3 37.2 40.2 47.7 43.9 52.1

of which: (14.9) (14.1) (13.8) (13.4) (14.4) (13.3) (14.6) Interest Payments 3.9 4.3 4.6 5.1 5.6 5.1 6.2 (1.9) (1.8) (1.7) (1.7) (1.7) (1.5) (1.8)

2. Capital Expenditure 4.6 5.7 6.7 8.1 9.9 8.9 11.4

of which: (2.3) (2.4) (2.5) (2.7) (3.0) (2.7) (3.2) Capital Outlay 4.1 5.3 6.0 7.5 9.1 8.1 10.6 (2.1) (2.3) (2.2) (2.5) (2.7) (2.4) (3.0)

3. Development Expenditure 22.6 26.0 29.5 32.7 39.9 - 43.5 (11.4) (11.0) (10.9) (10.8) (12.1) - (12.2)

4. Non-Development Expenditure 10.6 12.0 13.3 14.5 16.4 - 18.5 (5.4) (5.1) (4.9) (4.8) (4.9) - (5.2)

5. Others* 0.9 1.0 1.1 1.2 1.4 - 1.5 (0.4) (0.4) (0.4) (0.4) (0.4) - (0.4) RE: Revised Estimates. PA: Provisional Accounts. BE: Budget Estimates. *: Includes grants-in-aid and contributions including compensation and assignments to local bodies.

Notes: 1. Figures in parentheses are per cent of GDP.

2. Capital expenditure includes capital outlay and loans and advances by the State governments.

3. ‘-’ : not available.

4. Components may not add up to total due to rounding off.

Sources: Budget documents of State governments; and CAG.

9State Finances : A Study of Budgets of 2025-26 Chart II.5: Components of States’ Revenue Expenditure a. Development Expenditure b. Non-development Expenditure (Per cent of GDP) (Per cent of GDP) Education, sports, art and culture 2.00 Agriculture and allied activities 1.80 Energy Social security and welfare 1.60 Medical and public health 1.40 Rural development Welfare of SC, ST and other backward classes 1.20 Urban development 1.00 Transport and communications Industry and minerals 0.80 Water supply and sanitation 0.60 General economic services Irrigation and flood control 0.40 Housing

0.20 Relief on account of natural calamities Family welfare 0.00 Pensions Interest Administrative Organs Fiscal Miscellaneous Nutrition payments services of state services general Labour and labour welfare and servicing services

0.0 0.5 1.0 1.5 2.0 2.5 3.0 of debt 2022-23 2023-24 2022-23 2023-24

Source: Budget documents of State governments. during 2023-24 was partly supported by the Union 2.14 In 2024-25, States broadly maintained Government’s 50-year interest-free loan scheme capital expenditure at the previous year’s level.

for capital expenditure, which incentivised States The moderation in spending during the first half to prioritise asset creation. The composition of of the year due to the Model Code of Conduct spending reveals that the expansion was led by before the general elections was offset by a sharp irrigation and water supply projects, supported acceleration in the second half, particularly in by continued thrust on transport and urban the fourth quarter. Budget estimates for 2025- infrastructure (Chart II.7).

26 envisage a further scaling up of capital Chart II.6: States' Social Sector Expenditure (Per cent of GDP, left scale; per cent of total expenditure, right scale)

8.2

8.5 8.0 46.0 46.0 47.0

8.0 46.0

7.5

45.0

7.0

44.0

6.5

43.0

6.0

5.5 42.0

5.0 41.0

Source: Budget documents of State governments.

10 81-7102 91-8102 02-9102 12-0202 22-1202 32-2202 42-3202 )ER( 52-4202 )EB( 62-5202 Per cent of total expenditure (RHS) Per cent of GDP (LHS)Fiscal Position of the State Governments Chart II.7 Major Components of Capital Outlay (Per cent of GDP)

0.7

0.6

0.5

0.4

0.3

0.2

0.1

0.0 2022-23 2023-24

Source: Budget documents of State governments. expenditure to 3.2 per cent of GDP. A text mining capital expenditure and fiscal consolidation in analysis of States’ budget speeches also reflects recent years (Box II.2).

their growing emphasis on infrastructure creation, Box II.2: Evolution of States’ Fiscal Priorities: Text Mining of Budget Speeches Budget speeches reflect a government’s policy focus, are well established in the political economy literature priorities, and intent. They highlight the areas that (Grimmer and Stewart, 2013; Gentzkow, Kelly and Taddy, policymakers choose to emphasise and the narrative 2019), their application to Indian State budget documents through which developmental objectives are framed. remains limited. This analysis attempts to adapt and tailor Analysis of these speeches, therefore, can provide valuable these methods to the context of subnational public finance.

insights into the State governments’ policy priorities and The Latent Dirichlet Allocation (LDA) analysis for 2025-26 complement the conventional, data-based assessment of identified four broad fiscal themes. The resulting distribution State finances. of these themes indicate that infrastructure development and social welfare are dominant themes across States’ To this end, a text-mining framework was applied to a budget speeches, followed by agriculture and education sample of budget speeches for 9 States using two different methods - an unsupervised topic-modelling approach7 and skill development (Chart 1).

and a supervised dictionary-based approach8. While the A longer-term view, based on the dictionary-based approach former is applied to the budget speeches of 2025-26, the indicates that social welfare has consistently remained latter is applied to the speeches over a period of ten years a key narrative across years, while infrastructure-related (2016-17 to 2025-26). Whereas text-as-data techniques discussions have gained greater prominence in the post- (Contd.) 7 The Latent Dirichlet Allocation (LDA) method was used to extract latent themes from the speeches of 2025-26. This model was based on cleaned word-frequency data and identified dominant topics without imposing predefined sectoral categories.

8 Supervised dictionary-based approach was used to quantify the emphasis on key fiscal sectors viz., infrastructure, agriculture, social welfare and education and track their evolution over time.

11 tropsnarT dna noitagirrI lortnoc doolf ylppus retaW noitatinas dna tnempoleved nabrU tnempoleved laruR tnempoleveD-noN )secivres lareneG( ygrenE ,strops ,noitacudE erutluc dna tra dna lacideM htlaeh cilbup dna erutlucirgA seitivitca deilla cimonoce lareneG

secivresState Finances : A Study of Budgets of 2025-26 Chart 1: Share of Topics in Budget Chart 2: Sectoral Focus in Budget Speeches Speeches 2025–26 (Share of mentions, per cent) (Average share of thematic composition across all States, per cent) 30 25 Infrastructure 20 Social welfare 15 Agriculture 10 Education & skill 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15 20 25 Sector Agriculture Health Social welfare Education Infrastructure

Source: Staff estimates. Source: Staff estimates.

Chart 3: Shift from Subsidies to Cash Transfers Chart 4: Fiscal Prudence Tone in (Share of cash transfer phrases in total mentions*, per cent) State Budget Speeches 36 (Share of prudence−related words in total speech, per cent)

0.80 32 28

0.75 24

0.70 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Note: *Total mentions indicate a sum of cash transfer related phrases 0.65 like financial assistance, income support and cash benefit and words 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 related to subsidies like waiver, interest subvention, free and subsidised.

Source: Staff estimates. Source: Staff estimates. pandemic period reflecting the policy focus on expanding and welfare priorities, although the commitment to fiscal capital expenditure. The emphasis on agriculture and rural responsibility continues to remain an integral part of State development has moderated slightly, making space for fiscal communication.

education and health (Chart 2).

In sum, these insights highlight the value of supplementing quantitative analysis with speech content analysis. Tracking There has been a notable transition in the mode of welfare the narrative emphasis of budget speeches over time can delivery. The narrative has shifted from traditional subsidies serve as an early indicator of emerging priorities, provide and in-kind transfers towards direct benefit transfers a window into the political economy of fiscal choices, and

(DBTs), as reflected in the rising frequency of terms such help assess the fiscal priorities and policy thrusts across as cash assistance, financial support, and income transfer States. (Chart 3).

References:

The emphasis on fiscal prudence spiked during the pandemic years and moderated thereafter (Chart 4). Grimmer, J., & Stewart, B. M. (2013). “Text as data: The promise and pitfalls of automatic content analysis methods The frequency of words such as discipline, responsibility, for political texts”. Political Analysis, 21(3), 267-297.

and sustainability peaked in 2020-21, amid heightened expenditure pressures. In subsequent years, the narrative Gentzkow, M., Kelly, B., & Taddy, M. (2019). “Text as shifted from fiscal prudence towards developmental data”. Journal of Economic Literature, 57(3), 535-574.

12Fiscal Position of the State Governments

2.15 Different indicators of expenditure quality crore or 99.7 per cent) was disbursed. The reflect a steady improvement. The share of scheme has been instrumental in inducing reforms capital expenditure in total expenditure (CE-TE) as most States availed the tied component by has improved gradually from 13.4 per cent in meeting the prescribed reform conditionalities 2020-21 to 18.0 per cent in 2025-26 (BE) (Chart (Chart II.9).

II.8a). Similarly, the ratio of revenue expenditure Expenditure on Research and Development to capital outlay (RECO) has declined sharply,

2.17 Investments in science and technology reflecting a shift from consumption-oriented are vital for building a nation’s capabilities to spending towards capital formation. Accordingly, address developmental challenges and for the share of revenue deficit in gross fiscal deficit securing its strategic future. State governments’ has decreased from 46.1 per cent in 2020-21 to expenditure on research and development (R&D)

6.9 per cent in 2025-26 (BE), indicating that a however, has been limited. Available data for 11 larger portion of borrowing is being deployed for States and UTs9 indicate that their consolidated productive investment (Chart II.8b).

expenditure on R&D is around 0.2 - 0.3 per cent

2.16 The release of funds under the Centre’s of GSDP in recent years (2021-22 to 2025-26), Scheme for Special Assistance to States for with wide spatial variations (Annex II.1). The Capital Investment has followed an upward R&D expenditure of States has primarily been trajectory since its inception in 2020-21. In dominated by medical, health, family welfare, 2024-25, against the budgeted allocation of ₹1.5 sanitation and agricultural research. Over time, lakh crore, nearly the entire amount (₹1,49,484 the proportion of infrastructure and education Chart II.8: Indicators of States’ Composition of Expenditure a. Revenue Expenditure to Capital Outlay and b. Revenue Deficit as a proportion of Capital Expenditure as a share of Total Expenditure Gross Fiscal Deficit (Ratio, left scale; per cent, right scale) (Per cent)

7.5 25.0

7.0 18.0 16.9 20.0

6.5

6.0 15.0

5.4

5.5

10.0 19.6

5.0

4.9 5.0

4.5

4.0 0.0 Revenue expenditure to capital outlay Capital expenditure as a share of total expenditure PA: Provisional Accounts. BE: Budget Estimates.

Sources: Budget documents of State governments and Staff estimates.

9 The States/UTs are Arunachal Pradesh, Chhattisgarh, Haryana, Himachal Pradesh, Jammu and Kashmir, Nagaland, Odisha, Puducherry, Rajasthan, Sikkim and Tamil Nadu.

13 61-5102 71-6102 81-7102 91-8102 02-9102 12-0202 22-1202 32-2202 42-3202 )AP( 52-4202 )EB( 62-5202

50.0

40.0

30.0

20.0

10.0

6.9

0.0 -10.0 61-5102 71-6102 81-7102 91-8102 02-9102 12-0202 22-1202 32-2202 42-3202 )AP( 52-4202 )EB( 62-5202State Finances : A Study of Budgets of 2025-26 Chart II.9: Number of States Implementing Reforms under the Special Assistance Scheme during 2024-25

(Number) 25 22 22 19 20 18 16 15 10 5 0 0 Scrapping of Stimulating Land-related Land-related Onboarding of Urban old vehicles industrial growth reforms by reforms by CSSs on SNA planning - reforms in building States in rural States in SPARSH reform regulations for areas urban areas industrial and commercial buildings

Note: SNA - SPARSH (Single Nodal Account - Samayochit Pranaalee Sheeghr Hastaantaran- Real time System of Integrated Quick Transfers) is an initiative to facilitate “Just-in-time” flow of funds from both the Centre and State Consolidated Funds for implementation of Centrally Sponsored Schemes (CSS).

Source: Lok Sabha Unstarred Question No. 4087. related R&D spending has increased, while that at 42.8 per cent of BE as against 45.5 per cent in of agricultural research has declined (Chart II.10). the corresponding period of the previous year.

2.19 The growth in revenue receipts moderated

5. Actual Outcome in 2025-26 so far and reflecting a slowdown in tax collections and a Outlook contraction in grants from the Centre, even as

2.18 According to the provisional data for April- non-tax revenues expanded (Chart II.11a). Within November 2025-26, States’ GFD remained lower own tax sources, most of the major components Chart II.10: Research and Development Expenditure - Component-wise (Per cent to total) 60 50 40 30 20 10 0

Source: State governments.

14 noitacudE ylimaf ,htlaeh ,lacideM noitatinas dna eraflew larutlucirgA hcraeser hcraeser lairtsudnI latnemnorivnE hcraeser erutcurtsarfnI hcraeser srehtO 2021-22 2025-26 BEFiscal Position of the State Governments Chart II.11: Revenue Receipts of States during April-November a. Revenue Receipts b. Components of Own -Tax Revenues (Y-o-y growth rate, per cent) (Y-o-y growth rate, per cent) 20 17.5 16

14.0 15 12.5 13.0 14

12.6 10 8.8 12

6.9

10.2 5 10 9.3 9.5 0 8 -5 -3.1 6 4.9 4.6

4.2 -10 4 -10.0 -15 -14.0 2 -20 Revenue Tax Non-tax Grants 0 SGST Sales tax/VAT State excise Stamps and receipts revenues revenues registration 2024-25 2025-26 2024-25 2025-26

Note: Data pertain to 25 States.

Sources: Budget documents of State governments; and CAG. except State excise duties registered a loss of Assistance to States for Capital Investment’ momentum (Chart II.11b). roughly one-third of the ₹1.5 lakh crore allocated for the year. While the rollout has been relatively

2.20 States’ revenue expenditure grew by 6.6 per slow in the first half, disbursements are likely to cent during April-November 2025-26, slower than gain momentum in the remaining months. The last year (Chart II.12). Capital expenditure grew Centre has relaxed conditionalities under the by 8.7 per cent during April-November 2025-26.

scheme and enhanced the untied portion of loans, As of October 21, 2025, the Centre has released thereby providing States greater flexibility to ₹48,903 crore under the ‘Scheme for Special accelerate project implementation and strengthen Chart II.12: Growth in States' Revenue the quality of fiscal spending.

and Capital Expenditure (Y-o-y growth rate, per cent) 2.21 The fiscal outlook for States for the second half of the year remains positive. The

6.6 April - November 2025 8.7 temporary revenue loss on account of GST rate rationalisation may be offset by higher private April - November 2024 12.0 consumption in the coming months. During April- -3.6 November 2025-26, States’ revenue expenditure

9.7 grew by 6.6 per cent as against the budgeted 19 April- November 2023

41.2 per cent. If a similar trend continues, the States

13.9 are likely to contain their revenue expenditure April - November 2022

7.6 below the budgeted level. In contrast, Capital -10 0 10 20 30 40 50 outlays are expected to gain momentum in the Revenue expenditure Capital expenditure latter half of the year, aided by the relaxation of

Note: Data pertain to 25 States. conditionalities under the 50-year interest-free

Source: Budget documents of State governments; and CAG. loan scheme for capital investment. On balance, 15State Finances : A Study of Budgets of 2025-26 States are likely to keep their fiscal deficits within Market Borrowings their budget estimates.

2.23 During 2024-25, the gross market borrowing

6. Financing GFD and Market Borrowings by of States and UTs increased by 6.6 per cent to State Governments and UTs ₹10.73 lakh crore from ₹10.07 lakh crore in 2023-

24. This expansion was much lower than the GFD Financing growth of 32.8 per cent recorded in the previous

2.22 Historically, up to 2016-17, market loans year (Table II.5). It is observed that market financed a little over half of the consolidated GFD borrowings is not uniform throughout the year. As of States. Thereafter, States’ reliance on market observed in the past, States continue to borrow borrowings has risen steadily. In 2025-26 (BE), more in the last quarter of financial year (Chart market borrowings are expected to finance about II.13).

76 per cent of the consolidated GFD of States. In

2.24 At a disaggregated level, all major States the post-COVID period, loans from Centre have except Bihar, Chhattisgarh, Goa, Punjab, assumed a larger role, primarily on account of back-to-back GST compensation loans and the and Uttar Pradesh saw an increase in market 50-year interest-free loans provided for capital borrowings (Table II.4). Uttar Pradesh registered expenditure. In contrast, the share of loans from significant decline in gross borrowings in 2024- other sources, such as financial institutions, public 25. North-Eastern and hilly States11 along with accounts, and the national small savings fund UTs contributed 5.6 per cent to the total gross

(NSSF), has declined persistently, with only three borrowings in 2024-25, as compared to 5.9 per States and one UT10 currently availing NSSF loans. cent in the previous year.

Chart II.13: States' Gross Market Borrowings (₹ Crore) 2,50,000 2,00,000 1,50,000 1,00,000 50,000 -

Source: RBI.

10 Arunachal Pradesh, Kerala, Madhya Pradesh and UT of Delhi.

11 Arunachal Pradesh, Assam, Himachal Pradesh, Jammu and Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura and Uttarakhand.

16 02-rpA 02-nuJ 02-guA 02-tcO 02-ceD 12-beF 12-rpA 12-nuJ 12-guA 12-tcO 12-ceD 22-beF 22-rpA 22-nuJ 22-guA 22-tcO 22-ceD 32-beF 32-rpA 32-nuJ 32-guA 32-tcO 32-ceD 42-beF 42-rpA 42-nuJ 42-guA 42-tcO 42-ceD 52-beF 52-rpA 52-nuJ 52-guAFiscal Position of the State Governments Table II.4 Gross Market Borrowings Chart II.14: States' Gross Market Borrowings: H1 across States (Per cent of BE, left scale; per cent, right scale) (₹ Crore) 60.0 70.0 States 2022-23 2023-24 2024-25 50.8 60.0 1 2 3 4 50.0 Andhra Pradesh 57,478 68,400 78,205 50.0 Arunachal Pradesh 559 902 1,010 40.0 37.5 40.0

36.3 Assam 17,100 18,500 19,000 35.0 34.5 Bihar 36,800 47,612 47,546 30.5 30.0

30.0 Chhattisgarh 2,000 32,000 24,500 20.0

21.0 Goa 1,350 2,550 1,050

20.0 10.0 Gujarat 43,000 30,500 38,200 Haryana 45,158 47,500 49,500 0.0

10.0 Himachal Pradesh 14,000 8,072 7,359 -10.0 Jammu & Kashmir UT 8,473 16,337 13,170 Jharkhand 4,000 1,000 3,500 0.0 -20.0 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 Karnataka 36,000 81,000 92,025 Kerala 30,839 42,438 53,666 As per cent of budgeted gross market borrowings (LHS) Madhya Pradesh 40,158 38,500 63,400 Growth (y-o-y) (RHS) Maharashtra 72,000 1,10,000 1,23,000 Source: RBI.

Manipur 1,422 1,426 1,500 Meghalaya 1,753 1,364 1,882 As at end-September 2025, they had raised Mizoram 1,315 901 1,169 Nagaland 1,854 2,551 1,550 ₹4.67 lakh crore, which was 37.5 per cent of the Odisha 0 0 20,780 budgeted amount and 21 per cent higher than Puducherry 1,200 1,100 1,600 the corresponding period of the previous year Punjab 45,500 42,386 40,828 Rajasthan 46,057 73,624 75,185 (Chart II.14).

Sikkim 1,414 1,916 1,951 Tamil Nadu 87,000 1,13,001 1,23,625 2.26 The net market borrowing of States/UTs Telangana 40,150 49,618 56,209 increased by 5.0 per cent to ₹7.53 lakh crore in Tripura 0 0 0 Uttar Pradesh 55,612 97,650 45,000 2024-25 from ₹ 7.17 lakh crore in 2023-24 (Table Uttarakhand 3,200 6,300 10,400 II.5).

West Bengal 63,000 69,910 76,500 Grand Total 7,58,392 10,07,058 10,73,310

Source: RBI. 2.27 There were 835 issuances in 2024-25, of

2.25 For 2025-26, States have budgeted their which 100 were re-issuances (12.0 per cent) as gross market borrowings at ₹12.45 lakh crore. compared with 782 issuances in 2023-24 with Table II.5 Market Borrowings of State Governments (₹ Crore) Item 2021-22 2022-23 2023-24 2024-25 2025-26* 1 2 3 4 5 6 Maturities during the year 2,09,143 2,39,562 2,89,918 3,19,965 3,72,543# Gross sanction under Article 293(3) 8,95,166 8,80,779 11,29,295 11,73,714 8,85,443 Gross amount raised during the year 7,01,626 7,58,392 10,07,058 10,73,310 4,66,692 Net amount raised during the year 4,92,483 5,18,830 7,17,140 7,53,345 3,21,992 Amount raised during the year to total sanctions (per cent) 78.4 86.1 89.2 91.4 52.7 Weighted average yield of SGSs (per cent) 7.0 7.7 7.5 7.2 7.0 Weighted average spread over corresponding G-Sec (bps) 41 31 31 30 38 Average inter-State spread (bps) 4 3 3 4 5

Source: RBI. *: up to end-September 2025. #: For the period 2025-26.

17State Finances : A Study of Budgets of 2025-26 Chart II.15 Maturity Profile of Outstanding State Table II.6: Maturity Profile of Outstanding Government Securities at end-March State Government Securities (Per cent of total amount outstanding) (As at end-March 2025)

40.0 (Per cent of total amount outstanding)

33.8

35.0 State/UT less 1 to 5 5 to 10 10 to 20 Above

29.6

30.0 than Years Years Years 20 1 Year Years

25.0 23.3 1 2 3 4 5 6

18.9

20.0 Andhra Pradesh 4.6 17.1 27.0 47.8 3.5

17.1

14.8 14.8 Arunachal Pradesh 1.8 46.6 37.9 13.7 0.0

15.0 11.5 12.2 Assam 5.9 31.7 53.6 8.8 0.0

9.3

10.0

7.1 Bihar 7.2 31.4 44.8 16.7 0.0

4.1

5.0 Chhattisgarh 9.3 42.8 46.0 1.9 0.0

0.0 Goa 7.6 40.7 45.7 6.1 0.0 2020 2021 2022 2023 2024 2025 Gujarat 8.6 50.3 40.2 1.0 0.0 More than 10-year More than 15-year Haryana 6.5 25.4 33.9 34.2 0.0

Source: RBI.

Himachal Pradesh 5.2 26.0 38.7 30.1 0.0 Jammu and Kashmir 3.1 30.2 17.8 21.0 27.9 49 re-issuances (6.3 per cent). Chhattisgarh, Jharkhand 10.6 41.1 36.7 11.7 0.0 Jammu and Kashmir, Karnataka, Maharashtra, Karnataka 4.5 27.5 37.3 30.7 0.0 Puducherry, Punjab, Rajasthan, Tamil Nadu, Uttar Kerala 6.6 25.2 16.3 29.6 22.3 Pradesh and West Bengal undertook reissuances Madhya Pradesh 5.6 21.4 23.9 40.4 8.7 during the year. During 2025-26 (up to end- Maharashtra 5.5 25.8 43.2 23.4 2.0 September 2025), there were 72 re-issuances out Manipur 5.2 33.4 36.2 25.2 0.0 of 405 total issuances. Meghalaya 9.0 41.2 44.6 5.3 0.0 Mizoram 3.0 23.1 30.9 43.0 0.0

2.28 The maturity structure of State Government Nagaland 6.6 28.0 65.4 0.0 0.0 Securities (SGSs) has witnessed a gradual Odisha 5.9 24.9 31.2 32.2 5.9 elongation in recent years, with the share of Puducherry 8.3 35.0 38.9 17.8 0.0 SGS with maturity of more than 10 years and Punjab 4.9 21.1 25.7 44.2 4.1 15 years in total outstanding SGSs increasing Rajasthan 7.6 28.2 36.0 20.0 8.3 steadily (Chart II.15). SGSs with 10-year maturity Sikkim 4.7 29.6 65.7 0.0 0.0 accounted for 14.5 per cent of the total amount of Tamil Nadu 5.6 27.0 33.9 11.0 22.4 Telangana 4.6 13.3 12.3 41.6 28.2 issuances in 2024-25 down from 20.3 per cent a Tripura 6.1 70.3 7.5 16.1 0.0 year ago. The remaining 85.5 per cent was spread Uttar Pradesh 5.8 36.7 40.8 16.6 0.0 across maturities ranging between 2 and 35 years.

Uttarakhand 8.6 43.9 47.4 0.0 0.0 Few States viz., Kerala, Tamil Nadu, Telangana West Bengal 4.5 21.8 20.8 49.5 3.4 and Jammu and Kashmir have consciously made All States and UTs 5.8 27.5 32.9 26.6 7.2 efforts in issuing SGSs of more than 20 years. As

Source: RBI. at end-March 2025, 7.2 per cent of outstanding SGSs had a maturity of more than 20 years (Table 2.29 The weighted average yield (WAY) of SGSs II.6) fell to 7.2 per cent in 2024-25 from 7.5 per cent 18Fiscal Position of the State Governments Chart II.16: Movement of SGS Yield and Spread (Per cent, left scale: basis points, right scale)

8.0 80

7.8 70

7.6 60

7.4 50

7.2

7.0 40

6.8 30

6.6 20

6.4 10

6.2

6.0 0

Source: RBI. in 2023-24. The weighted average spread (WAS) Cash Management of State Governments over comparable Central Government Securities

2.31 As on March 31, 2025, States/UTs on an

(CGSs) fell to 30 bps in 2024-25 from 31 bps in aggregate basis maintained a surplus that was 2023-24 while the inter-State spread on 10-year invested in Intermediate Treasury Bills (ITBs) and tenor securities rose to 4 bps in 2024-25 from 3 Auction Treasury Bills (ATBs) (Table II.7).

bps in 2023-24 (Table II.5). In H1:2025-26, yields States’ Reserve Funds have hardened due to both domestic and global

2.32 Given the increasing borrowing requirements factors (Chart II.16). of the States and their contingent liabilities, it is Financial Accommodation to States desirable to keep adequate buffers to minimise the potential fiscal stress that could arise from

2.30 Based on the recommendations made by redemption pressure and unforeseen liabilities. the Group (consisting of select States Finance States maintain Consolidated Sinking Fund (CSF) Secretaries) constituted by the Reserve Bank, Ways and Means Advances (WMA) limits of the States/UTs were revised up from July 01, 2024, to ₹60,118 crore from ₹47,010 crore. States/UTs can avail overdraft (OD) for 14 consecutive days and can be in OD for a maximum number of 36 days in a quarter. During 2024-25, 16 States/UTs availed Special Drawing Facility (SDF), 13 States/ UTs resorted to WMA, and 9 States/UTs availed OD.

19 30-10-3202 30-30-3202 30-50-3202 30-70-3202 30-90-3202 30-11-3202 30-10-4202 30-30-4202 30-50-4202 30-70-4202 30-90-4202 30-11-4202 30-10-5202 30-30-5202 30-50-5202 30-70-5202 30-90-5202 Weighted average spread (RHS) Weighted average yield (LHS) Table II.7: State Governments’ Investments in Treasury Bills (Outstanding as on March 31) (₹ Crore) Item 2021 2022 2023 2024 2025 1 2 3 4 5 6 14-Day (ITBs) 2,05,230 2,16,272 2,12,758 2,66,805 1,88,072 ATBs 41,293 87,400 58,913 51,258 88,781 Total 2,46,523 3,03,672 2,71,671 3,18,063 2,76,853

Source: RBIState Finances : A Study of Budgets of 2025-26 and Guarantee Redemption Fund (GRF) with the Table II.8: Investment in CSF/GRF by Reserve Bank as a buffer for repayment of their States/UTs (March 31, 2025) future and contingent liabilities. States can also (₹ Crore) avail SDF at a discounted rate from the Reserve State/UT CSF GRF CSF as per cent of Bank against funds invested in CSF and GRF. Outstanding Liabilities As on March 31, 2025, 25 States and two UTs 1 2 3 4 had set up CSF. Similarly, 21 States and one Andhra Pradesh 1,17,30 1,155 2.1 UT had become members of GRF. Outstanding Arunachal Pradesh 2,786 7 10.9 investments in CSF and GRF stood at ₹2,40,348 Assam 7,487 92 4.2 crore and ₹16,019 crore, respectively, at end- Bihar 12,660 - 3.4 March 2025, as against ₹2,06,441 crore and Chhattisgarh 8,345 497 5.0 ₹12,259 crore, respectively, at end-March 2024 Goa 1,095 463 3.1 (Table II.8). Gujarat 15,494 675 3.3 Haryana 2,651 1,731 0.7

7. Outstanding Liabilities Himachal Pradesh - - -

2.33 The consolidated debt of States declined to Jammu & Kashmir UT 37 36 0.04

28.1 per cent of GDP at end-March 2024, from a Jharkhand 2,440 - 1.9 peak of 31 per cent at end-March 2021 (Table II.9). Karnataka 20,556 760 2.8 The improvement reflects both fiscal consolidation Kerala 3,273 - 0.7 Madhya Pradesh - 1,292 - efforts and favourable debt dynamics, as robust Maharashtra 72,804 2,182 8.6 nominal GDP growth during 2021-23 outpaced Manipur 70 142 0.3 the increase in debt stock, leading to a gradual Meghalaya 1,291 110 5.5 correction in the debt ratio. The outstanding debt Mizoram 510 81 3.8 stock is budgeted to increase again to 29.2 per Nagaland 1,915 47 8.7 cent of GDP by end-March 2026. Disaggregated Odisha 18,543 2,073 9.5 data of major States indicate that the debt-GSDP Puducherry UT 588 - 4.3 ratio ranges between 17.8 per cent and 46.3 per Punjab 9,257 0 2.4 cent at end-March 2026 with several of them Rajasthan 1,818 - 0.3 having debt levels above 30 per cent of GSDP. Tamil Nadu 3,479 - 0.4 The elevated debt levels necessitate a clear, Telangana 8,019 1,757 1.8 transparent, and time bound glide path for debt Tripura 1,337 30 5.0 Uttarakhand 5,372 262 5.6 consolidation by States.

Uttar Pradesh 12,799 1,578 1.5

2.34 In terms of composition, States’ outstanding West Bengal 13,993 1,049 1.9 debt continues to be dominated by market Total 2,40,348 16,019 2.6 borrowings. Its share has risen steadily over time ‘-’: Indicates no fund is maintained.

Note: 1. UT of J&K became a member to CSF/GRF post March and is budgeted at 69 per cent by end-March 2026 31, 2024. (Table II.10). This increasing reliance on market 2. Rajasthan became a member to CSF post March 31,

2024. borrowings reflects the progressive deepening of 3. Total may not add due to rounding off.

Source: RBI. the market for SGS and gradual substitution away 20Fiscal Position of the State Governments from other liabilities. Loans from the Centre have Table II.9: Outstanding Liabilities of State also gained prominence in recent years, primarily Governments and UTs due to the Special Assistance Scheme for Capital Year Amount Annual Growth Debt /GDP (End-March) (₹ Lakh crore) (Per cent) Investment, which provides 50-year interest-free 1 2 3 4 loans aimed at fostering productive investment 2015 27.43 9.3 22.0 and infrastructure creation. In contrast, the shares 2016 32.59 18.8 23.7 of NSSF loans and public account liabilities have 2017 38.59 18.4 25.1 2018 42.92 11.2 25.1 declined.

2019 47.87 11.5 25.3

2.35 Notwithstanding elevated debt levels, the 2020 53.51 11.8 26.6 2021 61.55 15.0 31.0 burden of interest payments relative to GDP (IP- 2022 68.76 11.7 29.1 GDP) has remained broadly stable, fluctuating 2023 75.93 10.4 28.2 within a narrow range of 1.5-1.9 per cent during 2024 84.66 11.5 28.1 2011-12 to 2025-26 (Chart II.17a). The interest 2025 (RE) 93.86 10.9 28.4 2026 (BE) 104.28 11.1 29.2 payments-to-revenue receipts (IP-RR) ratio has RE: Revised Estimates. BE: Budget Estimates. improved in the post-COVID period, as revenue

Sources: 1. Budget documents of State governments.

2. Combined finance and revenue accounts of the Union mobilisation outpaced the growth in interest and the State governments in India, Comptroller and obligations, thereby enhancing debt-servicing Auditor General (CAG) of India.

3. Ministry of Finance, Government of India. capacity. While, the interest-growth differential

4. Reserve Bank records. (r-g) continues to be negative, the gap is narrowing

5. Finance accounts of the Union government, Government of India. (Chart II.17b).

Table II.10: Composition of Outstanding Liabilities of State Governments and UTs (As at end-March) (Per cent) Item 2020 2021 2022 2023 2024 2025 RE 2026 BE 1 2 3 4 5 6 7 8 Total Liabilities (1 to 4) 100.0 100.0 100.0 100.0 100.0 100.0 100.0

1. Internal Debt 73.5 74.0 73.0 72.5 73.4 74.0 75.0

of which:

(i) Market Loans 57.2 60.5 61.6 62.9 65.2 67.1 69.0

(ii) Special Securities Issued to NSSF 7.7 6.1 5.1 4.1 3.3 2.7 2.1

(iii) Loans from Banks and Financial Institutions 4.8 4.2 3.8 3.5 3.3 3.1 2.8

2. Loans and Advances from the Centre 3.0 5.1 7.2 7.7 7.4 8.5 9.2

3. Public Account (i to iii) 23.4 20.8 19.7 19.7 19.1 17.5 15.7

(i) State PF, etc. 9.8 8.8 8.4 7.9 7.3 6.8 6.4

(ii) Reserve Funds 3.8 3.4 3.4 3.8 4.0 3.5 3.1

(iii) Deposits & Advances 9.7 8.6 7.9 8.0 7.8 7.1 6.3

4. Contingency Fund 0.1 0.1 0.1 0.1 0.1 0.1 0.1 RE: Revised Estimates. BE: Budget Estimates.

Sources: 1. Budget documents of State governments.

2. Combined finance and revenue accounts of the Union and the State governments in India, Comptroller and Auditor General (CAG) of India.

3. Ministry of Finance, Government of India.

4. Reserve Bank records.

5. Finance accounts of the Union government, Government of India.

21State Finances : A Study of Budgets of 2025-26 Chart II.17: Indicators of States’ Debt Sustainability a. Interest Payments to Revenue Receipts b. Interest- Growth Differential (r-g) and Interest Payments to GDP (Percentage points) (Per cent, left scale; Per cent, right scale)

16.0 12.2 2.0

1.9 14.0 1.8

1.8

1.7

12.0

1.6

10.0 1.5

1.4

8.0

1.3

1.2

6.0

1.1

4.0 1.0 IPRR (LHS) IPGDP (RHS)

Sources: Budget documents of State governments and Staff estimates.

2.36 The concessional nature of interest-free Contingent Liabilities loans from the Centre, has been instrumental in

2.37 Outstanding guarantees of States increased containing debt-servicing pressures. During 2024- from 2 per cent of GDP at end-March 2017 to 3.9 25, fiscal deficit aggregating to 0.5 per cent of GDP per cent at end-March 2024 (Table II.11). Data was financed through 50-year, interest-free loans from 18 States and UTs indicate that outstanding from the Centre, which dampens debt-servicing costs and channels borrowing into productive guarantees increased by 6.9 per cent at end- capital formation (Chart II.18). March 2025.

22 21-1102 31-2102 41-3102 51-4102 61-5102 71-6102 81-7102 91-8102 02-9102 12-0202 22-1202 32-2202 42-3202 )ER( 52-4202 )EB( 62-5202

10.0

5.0

0.0 -5.0 -10.0 -15.0 21-1102 31-2102 41-3102 51-4102 61-5102 71-6102 81-7102 91-8102 02-9102 12-0202 22-1202 32-2202 42-3202 )ER( 52-4202 )EB( 62-5202 Chart II.18 Gross Fiscal Deficit of States Table II.11: Guarantees Issued by and 50-year Interest- Free Loans State Governments (Per cent of GDP)

4.5 0.1 Year Outstanding Guarantees (End-March)

4.0 ₹ Lakh crore As per cent of GDP

3.5 1 2 3

3.0 0.1 0.5 0.4 2015 4.28 3.4

0.4 2016 3.64 2.6

2.5 0.3 2017 3.12 2.0

2.0 4.0 2018 4.29 2.5

1.5

2.7 2.4 2.5 2.8 2.9 2019 5.38 2.8

1.0 2020 6.33 3.2

0.5 2021 7.79 3.9

0.0 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2022 9.21 3.9

(PA) (BE) 2023 10.31 3.8 GFD excluding capex loans Capex loans as per cent of GDP 2024 11.60 3.9

Sources: Budget documents of State governments; and CAG. Sources: State governments; and CAG.Fiscal Position of the State Governments

8. Conclusion be offset by higher private consumption. Similarly, higher capital outlay is likely to be offset by

2.38 After remaining below 3 per cent of GDP moderation in revenue expenditure. On balance, for three successive years during 2021-22 States are likely to achieve their budgetary to 2023-24, the consolidated GFD of States targets.

widened to 3.3 per cent of GDP in 2024-25.

The deficit exceeding 3 per cent mainly reflects 2.39 The outstanding liabilities of States have 50-year interest free loans from the Centre remained sticky downwards, partly reflecting an under Special Assistance to States for Capital increase in loans from the Centre in lieu of GST Insvestment, which is over and above the normal compensation and 50-years interest free loans net borrowing ceiling of the States. States’ under scheme for Special Assistance to States for quality of expenditure improved with higher Capital Investment. Given the interest free nature capital outlay and social sector expenditure. of these loans, despite overall increase in the debt Going forward, the temporary revenue loss on level, there will be no commensurate increase in account of GST rate rationalisation is expected to debt-servicing pressure.

23State Finances : A Study of Budgets of 2025-26 Annex II.1: States’ Expenditure on Research and Development (R&D) (₹ Crore) Item 2021-22 2022-23 2023-24 2024-25 2025-26

(RE) (BE) 1 2 3 4 5 6 Arunachal Pradesh Total R&D (a to g) 1,289.9 1,224.2 2,266.5 2,051.4 2,058.7 (3.9) (3.5) (5.8) (4.4) (4.0) a. Education - - - - - b. Medical, Health, Family Welfare and Sanitation 1,289.1 1,223.1 2,265.4 2,050.3 2,057.3 c. Agricultural Research 0.4 0.5 0.5 0.5 0.6 d. Industrial Research - - - - - e. Environmental Research 0.4 0.6 0.6 0.6 0.7 f. Infrastructure Research 1.7 1.5 1.8 2.0 - g. Others - - - - - Bihar Total R&D (a to g) - 291.3 398.0 427.3 375.6 - (0.0) (0.0) (0.0) (0.0) a. Education - 61.2 189.7 64.5 68.1 b. Medical, Health, Family Welfare and Sanitation - 0.7 0.7 9.0 16.0 c. Agricultural Research - 101.0 37.2 51.7 60.5 d. Industrial Research - - - - - e. Environmental Research - - - - - f. Infrastructure Research - 62.1 95.9 130.4 82.7 g. Others - 66.4 74.4 171.7 148.3 Chhattisgarh Total R&D (a to g) 764.1 1,396.0 1,287.5 2,516.4 2,984.6 (0.2) (0.3) (0.3) (0.4) (0.5) a. Education 8.4 8.8 8.2 20.0 21.4 b. Medical, Health, Family Welfare and Sanitation 325.9 404.3 584.8 950.8 1,144.3 c. Agricultural Research 246.6 235.4 299.6 472.1 544.8 d. Industrial Research 1.2 1.6 1.9 6.3 53.0 e. Environmental Research 4.15 7.8 7.7 88.2 39.2 f. Infrastructure Research 165.7 727.6 372.1 955.5 1,146.1 g. Others 12.2 10.5 13.2 23.6 35.7 (Contd...) 24Fiscal Position of the State Governments Item 2021-22 2022-23 2023-24 2024-25 2025-26

(RE) (BE) 1 2 3 4 5 6 Haryana Total R&D (a to g) 73.4 83.7 83.7 91.0 27.9 (0.0) (0.0) (0.0) (0.0) (0.0) a. Education 10.4 23.3 21.9 25.5 26.9 b. Medical, Health, Family Welfare and Sanitation 1.0 0.3 0.3 0.0 0.1 c. Agricultural Research 56.3 57.2 60.9 63.7 0.0 d. Industrial Research 0.0 0.0 0.0 1.2 0.0 e. Environmental Research 5.7 2.9 0.7 0.5 0.9 f. Infrastructure Research - - - - - g. Others 0.0 0.0 0.0 0.2 0.0 Himachal Pradesh Total R&D (a to g) 1,047.1 1,479.4 1,300.5 1,549.8 1,403.1 (0.6) (0.8) (0.6) (0.7) (0.5) a. Education 2.9 3.4 2.8 3.0 3.3 b. Medical, Health, Family Welfare and Sanitation 781.2 1,168.6 1,030.3 1,284.7 1,158.4 c. Agricultural Research 244.6 292.4 257.4 247.8 234.5 d. Industrial Research 0.5 0.6 0.5 0.6 0.5 e. Environmental Research 2.40 1.2 0.9 0.7 0.1 f. Infrastructure Research 0.0 0.2 0.0 0.0 0.0 g. Others 15.6 13.2 8.6 13.0 6.4 Jammu and Kashmir Total R&D (a to g) 80.5 113.9 74.0 106.8 52.0 (0.0) (0.1) (0.0) (0.0) (0.0) a. Education 4.8 1.4 0.1 0.6 0.1 b. Medical, Health, Family Welfare and Sanitation 0.6 0.5 0.1 0.1 1.1 c. Agricultural Research 60.2 76.5 44.6 50.1 14.8 d. Industrial Research 0.0 0.0 0.0 0.0 0.0 e. Environmental Research 2.9 4.5 4.7 5.2 5.6 f. Infrastructure Research 7.3 27.9 17.9 44.4 22.5 g. Others 4.6 3.1 6.7 6.4 7.9 (Contd...) 25State Finances : A Study of Budgets of 2025-26 Item 2021-22 2022-23 2023-24 2024-25 2025-26

(RE) (BE) 1 2 3 4 5 6 Kerala Total R&D (a to g) - - - - 4,039.4 - - - - (0.28) a. Education - - - - 1,810.2 b. Medical, Health, Family Welfare and Sanitation - - - - 1,015.0 c. Agricultural Research - - - - 566.9 d. Industrial Research - - - - 370.2 e. Environmental Research - - - - 16.3 f. Infrastructure Research - - - - 87.4 g. Others - - - - 173.4 Nagaland Total R&D (a to g) 0.8 0.9 0.9 0.9 0.9 (0.0) (0.0) (0.0) (0.0) (0.0) a. Education 0.1 0.1 0.1 0.1 0.1 b. Medical, Health, Family Welfare and Sanitation 0.2 0.2 0.3 0.3 0.3 c. Agricultural Research 0.1 0.1 0.1 0.1 0.1 d. Industrial Research 0.0 0.0 0.0 0.0 0.0 e. Environmental Research 0.1 0.1 0.1 0.1 0.1 f. Infrastructure Research 0.3 0.3 0.3 0.3 0.3 g. Others 0.1 0.1 0.1 0.1 0.1 Odisha Total R&D (a to g) 550.7 879.5 1,602.8 2,702.0 2,517.9 (0.0) (0.0) (0.1) (0.1) (0.1) a. Education 195.3 296.7 562.2 1,237.1 1,116.3 b. Medical, Health, Family Welfare and Sanitation 29.8 69.2 95.0 131.2 152.2 c. Agricultural Research 96.6 123.8 214.4 243.7 258.1 d. Industrial Research 2.0 3.1 23.1 92.2 43.0 e. Environmental Research 12.9 29.8 37.8 77.1 47.0 f. Infrastructure Research 56.9 79.4 188.6 171.0 191.3 g. Others 157.3 277.5 481.7 749.7 710.1 (Contd...) 26Fiscal Position of the State Governments Item 2021-22 2022-23 2023-24 2024-25 2025-26

(RE) (BE) 1 2 3 4 5 6 Puducherry Total R&D (a to g) 2.1 1.6 1.5 1.8 2.7 (0.0) (0.0) (0.0) (0.0) (0.0) a. Education 0.3 0.2 0.1 0.1 0.3 b. Medical, Health, Family Welfare and Sanitation - - - - - c. Agricultural Research - - - - - d. Industrial Research - - - - - e. Environmental Research 0.0 0.0 0.0 0.1 0.2 f. Infrastructure Research - - - - - g. Others 1.8 1.4 1.4 1.6 2.3 Rajasthan Total R&D (a to g) 3,554.8 5,109.2 4,082.3 5,697.4 7,319.0 (0.3) (0.4) (0.3) (0.3) (0.4) a. Education 16.8 52.3 46.3 73.1 62.0 b. Medical, Health, Family Welfare and Sanitation 2,571.8 4,012.2 3,509.5 5,094.4 6,645.2 c. Agricultural Research 318.6 393.6 422.9 389.9 370.4 d. Industrial Research 0.2 0.8 0.1 0.1 0.1 e. Environmental Research 5.0 8.0 3.0 4.1 5.8 f. Infrastructure Research 214.9 213.2 51.0 69.1 134.9 g. Others 427.4 429.1 49.6 66.7 100.6 Sikkim Total R&D (a to g) 2.9 4.4 6.0 7.0 6.6 (0.0) (0.0) (0.0) (0.0) (0.0) a. Education 0.3 0.7 0.1 - 0.2 b. Medical, Health, Family Welfare and Sanitation - - 0.7 - - c. Agricultural Research - - - - - d. Industrial Research - - - - - e. Environmental Research 1.7 1.6 1.6 1.8 2.1 f. Infrastructure Research - - 0.1 0.1 0.0 g. Others 1.0 2.1 3.6 5.1 4.3 (Contd...) 27State Finances : A Study of Budgets of 2025-26 Item 2021-22 2022-23 2023-24 2024-25 2025-26

(RE) (BE) 1 2 3 4 5 6 Tamil Nadu Total R&D (a to g) 4,574.8 5,791.2 5,880.4 6,620.2 8,522.6 (0.2) (0.2) (0.2) (0.2) (0.2) a. Education 1,342.1 2,447.1 1,706.4 1,999.2 2,560.5 b. Medical, Health, Family Welfare and Sanitation 1,096.8 1,188.3 1,303.6 1,339.6 1,540.6 c. Agricultural Research 1,238.8 1,033.5 1,037.4 1,095.7 1,127.7 d. Industrial Research 325.1 578.0 631.0 608.9 724.9 e. Environmental Research 10.9 40.9 34.9 51.7 49.5 f. Infrastructure Research 96.8 164.1 323.2 384.9 973.9 g. Others 464.3 339.2 843.9 1,140.1 1,545.6

Note: Figures in parentheses are per cent of GSDP.

Source: State governments.

28Demographic Transition in India – III Implications for State Finances India’s demographic transition is increasingly influencing the State government finances. While a favourable age profile supports demographic dividend at the national level, the interstate difference in age structure has altered the window of opportunity for the States. The youthful States have a wider window of opportunity benefiting from expanding working age population and stronger revenue mobilisation.

In contrast, the window is getting narrower for the ageing States facing fiscal pressure arising out of shrinking tax bases and rising obligations from committed expenditure. The differential fiscal pressure arising out of divergent age structure of States calls for forward-looking policies incorporating population dynamics and the related fiscal challenges. Going forward, youthful States may harness their demographic dividend by strengthening human capital investments, intermediate States may balance growth priorities with early preparation for ageing, and ageing States may enhance revenue capacity alongside healthcare, pension and workforce policy reforms.

1. Introduction 3.2 Against this backdrop, this chapter aims to

address the following research questions: How

3.1 India’s demographic landscape is undergoing uneven is the demographic transition across a profound shift, reflecting changes in population Indian States? How prepared are the States to size, age structure, and age dependencies over handle their current and future demographic time. The demographic transition characterised challenges? and How do demographic dynamics by declining fertility, rising median age, higher life affect medium-term fiscal sustainability? The expectancy and falling dependency, has opened

chapter is organized as follows. Section 2 analyses up a ‘window of opportunity’ to move into a higher demographic transition in India at the national growth trajectory supported by demographic level. Section 3 presents a demographic profile of dividend. The all-India picture, however, hides the Indian States highlighting the unevenness in the large interstate divergence in age structure.

their age structure. Section 4 analyses the fiscal While some States with their young age structure implications of demographic changes in terms are currently enjoying the ‘window of opportunity’, of their impact on State government revenue, there are States with a relatively matured age expenditure and debt sustainability. Section 5 structure for whom the ‘window of opportunity’ is suggests policy options for States at different gradually closing as they have crossed or move stages of demographic transition. Section 6 closer towards their ‘demographic turning point’.

concludes.

This uneven demographic transition across States

2. Demographic Transition in India necessitates a balanced public policy approach that leverages the economic potential of a youthful 3.3 India is currently the most populous country workforce while addressing the health and social in the world having surpassed China in 2023.

needs of an ageing population. As of mid-2025, its population is estimated at 29State Finances : A Study of Budgets of 2025-26

1.46 billion, a figure expected to reach 1.5 billion consumption, and savings, fostering economic by 2036, peak around 1.7 billion in the early growth if supported by enabling policies (Bloom 2060s and then begin a gradual decline, though et al., 2003).

remaining the most populous country throughout

3.4 The demographic transition in India is being the century (UN, 2024). Further, median age shaped by two major factors - falling fertility rate of the Indian population was just around 28 and increasing life expectancy. India’s total fertility years in 2022 as compared to above 40 years in rate (TFR) has fallen from 5.9 children per woman developed countries such as the US, Europe, and in 1950 to 2.0 children per woman in 2021. Further, South Korea1, making it one of the ‘youngest large the country witnessed a significant rise in average nations’ in the world. The share of the working- life expectancy at birth from just 37 years in the age (15-64 years) population in India which was post-independence period to 70 years in 2020 estimated at 64 per cent in 2021 (UNFPA, 2022), which is projected to reach 81 years by the end of is projected to peak around 65.1 per cent in 2031, this century (UN, 2019). Consistent with this shift, before stabilising by 2036 (Chart III.1a). The high share of working age population provides a dependency ratios are also undergoing changes.

window of opportunity towards faster economic With lower fertility and higher life expectancy, growth by reaping the benefits of a demographic the youth dependency ratio3 is expected to fall dividend2. The demographic dividend can, in turn, steadily during 2011 to 2036, while the old- enhance aggregate labour supply, productivity, age dependency ratio4 (OADR) would almost Chart III.1 Changing Demographic Patterns – India a. Demographic Indicators b. Dependency Ratio (Population in crore, left scale; working age share as (Per cent of working age population) per cent of total population, right scale) 70 64.6 100

59.3 140 60 55.7 54.3 53.7 54.0 120 80 50.8 50 44.7 100

40.0 60

36.7 80 40 33.6

31.0 60 40 30

23.0 40 20.1

17.6 20 20 13.8 14.6 15.7 20 0 0 10 2011 2016 2021 2026 2031 2036 2011 2016 2021 2026 2031 2036 Population Median age (years) Youth Dependency Old Age Dependency Working Age Share (RHS) Total Dependency

Source: Report of the Technical Group on Population Projections (MOHFW, 2020) and Staff estimates.

1 World Population Prospects, UN 2024.

2 The term demographic dividend here refers to the economic growth potential during a period when the working-age population surpasses the dependent population.

3 Youth Dependency Ratio refers to the number of individuals in the 0-14 age group (youth dependents) expressed as a proportion of the working-age population (15-59 years).

4 Old-Age Dependency Ratio measures the ratio of population aged 60 years and above relative to the working-age population.

30Demographic Transition in India – Implications for State Finances double during the same period. As a result, the Table III.1: Total Fertility Rate and Life total dependency ratio, though declining initially, Expectancy of States/UTs is expected to bottom out by 2031, reflecting Sl. States TFR TFR Change Life the offsetting effects of fewer children and more No. (2011- (2021- in TFR Expectancy

13) 23) (%) at Birth in elderly dependents (Chart III.1b).

Years (2016-20)

3.5 The narrowing gap between youth and 1 2 3 4 5 6 old-age dependency ratios captures two critical 1 Bihar 3.3 2.9 -12.1 69.5 demographic realities. First, India possesses 2 Uttar Pradesh 3.2 2.6 -18.8 66.0 a short-lived window over the next decade to 3 Madhya Pradesh 3.0 2.5 -16.7 67.4 capitalise on its demographic dividend, as the 4 Rajasthan 2.9 2.4 -17.2 69.4 5 Chhattisgarh 2.7 2.3 -14.8 65.1 working-age cohort attains its apex, and the total 6 Jharkhand 2.8 2.2 -21.4 69.6 dependency ratio remains favourable. From 2036 7 Assam 2.4 2.1 -12.5 67.9 onwards, the share of working age population 8 Haryana 2.2 2.0 -9.1 69.9 is expected to decline, whereas the total age 9 Gujarat 2.5 1.9 -24.0 70.5 dependency ratio is expected to rise, gradually 10 Odisha 2.1 1.7 -19.0 70.3 closing the window of opportunity. Second, the 11 Karnataka 1.9 1.6 -15.8 69.8 nation must concurrently take on board the 12 Andhra Pradesh 1.8 1.5 -16.7 70.6 13 Himachal Pradesh 1.7 1.5 -11.8 73.5 accelerated onset of population ageing and 14 Jammu & Kashmir 1.9 1.5 -21.1 74.3 prepare itself to grapple with the diverse fiscal 15 Kerala 1.8 1.5 -16.7 75.0 policy challenges which most of the advanced 16 Maharashtra 1.8 1.5 -16.7 72.9 economies of the world are facing today.

17 Punjab 1.7 1.5 -11.8 72.5

3. Demographic Profile of Indian States 18 Tamil Nadu 1.7 1.4 -17.6 73.2 19 West Bengal 1.7 1.4 -17.6 72.3

3.6 The time and pace of demographic transition 20 Delhi 1.8 1.3 -27.8 75.8 vary significantly across the Indian States due to All India 2.4 2.0 -16.7 70.0

differences in the total fertility rate as well as the Note: For TFR and life expectancy, Andhra Pradesh, Jammu & Kashmir, and Uttar Pradesh include Telangana, Ladakh and life expectancy at birth. The total fertility rate at all Uttarakhand, respectively.

India level declined from 2.4 during 2011-13 to 2.0 Source: Sample Registration System Statistical Report 2023. during 2021-23. While the total fertility rates of all the States have declined during this period, the 3.7 Total fertility rate of all other States has dip has been particularly sharp for Delhi, Gujarat, fallen below the replacement rate. Similarly, there Jharkhand, and Jammu & Kashmir (Table III.1). are interstate differences in life expectancy. The Currently, the total fertility rates of only seven average life expectancy at all India level is 70 States – Bihar, Uttar Pradesh, Madhya Pradesh, years. However, life expectancy at the State level Rajasthan, Chhattisgarh, Jharkhand, and Assam ranges from around 65 years in Chhattisgarh to are at or above the replacement rate of 2.15. around 76 years in Delhi. Generally, States, which 5 As per United Nations World Fertility Report (2024), a fertility level of around 2.1 births per woman yields a growth rate of zero in the long run for a population with low mortality and no migration. At this level, known as the “replacement level”, each generation is followed or “replaced” by another generation of roughly the same size.

31State Finances : A Study of Budgets of 2025-26 have a lower fertility rate, also have higher life Table III.2: State-wise Share of Population expectancy, resulting in higher share of elderly Above 60 Years of Age population than the national average (MoHFW, (Per cent of Total Population)

2020). State\Year 2011 2016 2021 2026 2031 2036 1 2 3 4 5 6 7

3.8 To assess the demographic profile of Kerala 12.7 14.5 16.5 18.7 20.9 22.8 Indian States, a modified version of the standard Tamil Nadu 10.6 12.0 13.6 15.8 18.2 20.8 International Labour Organisation (2023) Himachal Pradesh 10.4 11.6 13.1 14.9 17.1 19.6 classification has been adopted6. In this approach, Punjab 10.5 11.4 12.6 14.3 16.2 18.3 a State is classified as ageing if the share of Andhra Pradesh 10.1 11.2 12.4 14.1 16.4 18.9 West Bengal 8.6 9.7 11.3 13.3 15.7 18.3 population aged 60 years and above is 15 per Maharashtra 10.0 10.7 11.7 13.1 15.0 17.1 cent or more, intermediate if it is 10 per cent to Odisha 9.3 10.3 11.5 13.0 15.0 17.0 below 15 per cent, and youthful if it is below 10 Karnataka 9.6 10.3 11.5 13.0 15.0 17.2 per cent. Data from the Report of the Technical Telangana 9.2 10.1 11.0 12.5 14.5 17.1 Group on Population Projections, 2020, published Uttarakhand 8.9 9.7 10.6 11.8 13.2 14.9 by the Ministry of Health and Family Welfare, Gujarat 8.0 9.0 10.2 11.8 13.6 15.4 Government of India, has been used to classify Jammu & Kashmir 7.0 8.1 9.5 11.2 13.2 15.5 the States under these three categories7. In 2016, Haryana 8.6 9.1 9.8 10.9 12.3 14.0 Delhi 6.9 8.0 9.3 10.8 12.5 14.2 all the Indian States remained in the youthful Chhattisgarh 7.6 8.0 8.8 10.1 11.7 13.4 or intermediate category (Table III.2). By 2026, Rajasthan 7.1 7.8 8.6 9.8 11.2 12.8 Kerala and Tamil Nadu are expected to enter the Assam 6.4 7.1 8.2 9.8 11.6 13.7 ageing category, with more than 15 per cent of Madhya Pradesh 7.5 7.8 8.5 9.6 11.1 12.8 their population above 60 years of age. Most of Jharkhand 6.5 7.6 8.4 9.5 10.8 12.3 the remaining States will be in the intermediate Uttar Pradesh 7.4 7.7 8.1 9.0 10.3 11.8 Bihar 6.3 7.1 7.7 8.5 9.5 10.9 category and a few States under the youthful India 8.4 9.2 10.1 11.4 13.1 14.9 category during this period. By 2036, however, more than half of the States will be ageing and the Colour Code Classification rest will fall under the intermediate category with Ageing States no States remaining in the youthful category. Intermediate States Youthful States

3.9 India’s gradual shift from a predominantly

Source: Staff estimates. youth-heavy population towards a more mature age structure is depicted in Chart III.2. In the a demographic dividend that can accelerate early and mid-transition stages, falling fertility growth (Bloom, Canning and Sevilla, 2003; Lee reduces younger cohorts and increases the and Mason, 2006). The dividend can boost per share of the working-age population, generating capita income and is often reinforced by higher 6 The International Labour Organisation (ILO) defines a country as “aged” when the population aged 65 years and above constitutes 14 percent or more of the total, “ageing” when this share lies between 7 and 14 per cent, and “not aged” when it is below 7 percent. In this study, we have chosen 60 years instead of 65 years for demographic classification of States, as in India the retirement age is generally 60 years, and people are categorised as senior citizens for various government entitlements when they cross 60 years of age.

7 Goa and Union Territories (except Delhi and Jammu & Kashmir) are excluded from the analysis as detailed data on their demographic profile is not available in the Technical Group Report.

32Demographic Transition in India – Implications for State Finances Chart III.2: Demographic Shifts - State-wise a. 2016 b. 2026 c. 2036 Ageing States (60+ population ≥ 15 per cent) Youthful States (60+ population < 10 per cent) Intermediate States (10 per cent ≤ 60+ population < 15 per cent)

Source: Staff estimates. investment in health and education, rising female Table III.3: State-wise Share of Working labour force participation, and greater savings. Age Population 2026-2036 (Per cent) With supportive policies in education, healthcare, State\Year 2026 2031 2036 gender equality, job creation, and governance, 1 2 3 4 these benefits can be maximised. However, as the Bihar 60.5 61.2 61.4 transition advances, population ageing becomes Kerala 62.0 60.8 59.5 Madhya Pradesh 62.7 63.8 64.5 the dominant outcome, placing unprecedented Uttar Pradesh 62.8 64.8 66.1 demands on public resources while shrinking the Rajasthan 63.2 64.5 65.2 working-age tax base that sustains them. Chhattisgarh 63.9 64.6 64.9 Jharkhand 64.0 64.4 64.7

3.10 A country’s demographic dividend peaks Gujarat 64.8 64.8 64.6 when its working-age population is at its highest. Odisha 65.2 64.8 64.1 Several studies highlight that a country’s Tamil Nadu 65.9 65.0 63.6 Haryana 65.9 66.5 66.6 demographic dividend peaks when the share of Assam 66.1 65.7 65.2 working age population is approximately two- Himachal Pradesh 66.6 65.9 64.7 thirds of the total population (UN, 2023). The share Karnataka 66.6 66.5 65.6 Uttarakhand 66.6 66.5 66.4 of working age population in India is projected to Andhra Pradesh 66.9 66.4 65.4 rise from 64.8 per cent in 2026 to 65.1 per cent Punjab 67.0 66.6 65.8 in 2031 and then decline to 64.9 per cent by Maharashtra 67.3 66.9 66.2 2036 (Table III.3). India may, however, continue West Bengal 67.7 66.7 65.5 Telangana 67.8 67.4 66.7 to enjoy demographic dividend for a longer period Delhi 68.9 68.3 67.3 than other countries due to significant regional Jammu and Kashmir 70.1 68.8 66.8 heterogeneity in the process of demographic India 64.8 65.1 64.9 transition (Jain and Goli, 2021). Source: Staff estimates.

33State Finances : A Study of Budgets of 2025-26

3.11 Depending on the age structure, the effective 2019). For these States, policy imperatives would demographic windows of opportunity – when the gradually shift from employment generation maximum demographic dividend can be reaped – towards old-age support systems.

will vary across the States. For instance, by 2026,

4. Fiscal Implications of Demographic Changes States like Kerala and Tamil Nadu will already be

3.13 Public finances are highly sensitive to ageing, with falling share of working age population, demographic changes. Changes in the population resulting in narrowing of the window of opportunity. age structure can have a significant effect on In contrast, there are several States with younger fiscal sustainability since they can affect both population like Bihar, Madhya Pradesh, Uttar government revenues and expenditures.

Pradesh, Chhattisgarh, Jharkhand and Haryana, where the share of working age population will 4.1 Impact on Revenue continue to rise beyond 2031, widening the

3.14 Population age structure has profound window of opportunity for a longer period. These implications for government revenue. In the States will also serve as the principal source of youthful States, a larger workforce, if employed labour supply to the national economy. In these effectively, can create a larger tax base, boosting youthful States, however, reaping demographic both direct and indirect tax receipts. Increased dividend will not be automatic but conditional on urbanisation can further boost tax receipt in these supportive socio-economic policy environment in States by shifting away from hard-to-tax sectors terms of investment in human capital and decent like agriculture. In contrast, in the ageing States, employment opportunities. For the intermediate a gradually shrinking labour force will lower the States, the window of opportunity will be narrower long-term growth rate and thus partly erode the than the youthful States, with almost half of the tax base, particularly, for personal income taxes intermediate States of 2026 entering the ageing (Crowe et al., 2022; Kim et al., 2014). Different category by 2031 and the remaining ones by 2036. revenue indicators constructed as simple averages The share of working age population in some of of States belonging to each demographic cohort these States will start moderating from 2026 and viz. youthful, intermediate, and ageing, provide for others from 2031. However, the “demographic insightful outcomes (Tables III.4 and III.5).

turning point” - the year when the share of the

3.15 The youthful States consistently display working-age population in their total population stronger revenue mobilisation, reflected in higher begins to decline - will differ across States even levels of revenue receipts, tax revenues and within this group.

central transfers (Table III.5). Intermediate States

3.12 By 2036, more than half of the States are maintain a relatively stable revenue performance, projected to transition into the ageing category, with moderate outcomes across revenue receipts, with Kerala at the forefront, with more than 22 tax revenues, and central transfers, suggesting per cent of its population as elderly, an indication steady but less dynamic fiscal capacity. Ageing of advanced ageing. In these regions, the States exhibit weaker performance, with lower demographic dividend is likely to close earlier than revenue receipts compared to the other two the national average, primarily on account of rapid groups on account of lower tax collections as and sustained decline in fertility levels (UNFPA, well as lower transfers from the Centre reflecting 34Demographic Transition in India – Implications for State Finances Table III.4: Revenue Indicators for States Table III.5: Revenue Indicators of States by Demography Major Heads Components (Per cent of GSDP) 1 2 Category 2010-11 2015-16 2020-21 2024-25

1. Revenue Receipts Total revenue collected by State, including tax and non-tax revenue 1 2 3 4 5

2. Tax Revenue Total tax revenue of State, which includes Revenue Receipts States own taxes and share of central Youthful 16.8 17.8 18.5 19.5 taxes Intermediate 13.7 13.8 13.1 15.9

3. Own Tax Revenue Taxes levied and collected directly by the Ageing – – 12.6 10.2 State, excluding central transfers Tax Revenue

4. Central Transfers Transfers received from the central government, inluding devolution of central Youthful 10.7 12.2 10.8 14.3 taxes and grants Intermediate 9.5 9.6 8.1 10.0 Ageing – – 7.7 8.1 structural challenges linked to higher demographic Own Tax Revenue pressures and slower growth (Table III.5). Youthful 6.3 6.2 5.8 6.9 Intermediate 7.5 6.7 5.7 7.0

4.2 Impact on Expenditure Ageing – – 6.2 6.4

3.16 Demographic transitions alter established Central Transfers Youthful 4.5 6.0 4.9 7.4 patterns of public outlays and compel governments Intermediate 2.0 2.9 2.4 3.1 to recalibrate priorities (Baldacci, 1997). Public Ageing – – 1.5 1.7 expenditure, inherently dynamic, is shaped by Source: Staff estimates.

demographic, economic, and political undercurrents spending under five broad heads - education, that define a society’s trajectory. With Indian health, urban development, social security and States traversing distinct stages of demographic welfare, and pension (Table III.6). All aggregates transition, any straitjacket expenditure rule will be are standardised across States and presented rendered untenable. Expenditure priorities must both as ratios to GDP as well as shares in total adapt to the demographic contours of each State social sector expenditure.

and the pace at which they unfold. Youthful States are expected to emphasise education and skilling Table III.6: Key Social Sector Expenditure to harness their demographic dividend (Jain et Components al., 2025). In contrast, ageing States will require Major Heads Sub-Components 1 2 greater public spending on healthcare, pensions,

1. Education Education, sports, art, and culture and social security (Bloom, Canning & Fink, 2010).

Medical and public health Most studies have found that population ageing 2. Health, nutrition, and Family welfare family welfare leads to an increase in health expenditure of the Nutrition government (Kim et al., 2014; Matteo, 2005). Water supply and sanitation

3. Urban development Housing

3.17 An analysis of the social sector expenditure Urban development of States across four benchmark years - 2010-11, 4. Social security and Labour and labour welfare 2015-16, 2020-21, and 2024-25 yields interesting labour welfare Social security and welfare results. Here, social sector expenditure includes 5. Pension Pension expenditure 35State Finances : A Study of Budgets of 2025-26

3.18 At the aggregate level for all States, has steadily receded, from 41.5 per cent in 2010- spending patterns have undergone a structural 11 to 32.9 per cent in 2024-25. The sharp decline pivot towards infrastructure and social protection. in the share of education, despite a growing need State governments’ spending on social security to invest in human capital, suggests emerging and labour welfare has expanded visibly from 0.6 trade-offs in expenditure prioritisation. This trend per cent of GDP in 2010-11 to 1.1 per cent of GDP underscores the need for safeguarding long term in 2024-25 (Chart III.3a). Urban development growth enablers such as education and health from expenditure has also moved upwards, climbing being crowded out by immediate consumption- from 0.7 per cent to 1.2 per cent over the same based commitments.

period. Health outlay as per cent of GDP has Youthful States risen since the pandemic, while education

3.20 Demographic groupwise analysis reveals has remained largely flat throughout. Pension, that in the youthful States, education dominates too, has remained broadly stable, barring the the social sector expenditure followed by pandemic related spike that has since unwound.

expenditure on pension, urbanisation, health and

3.19 As a share of total social sector spending, social security. In 2024-25, the youthful States expenditure on social security has risen from 9.5 on average devoted a higher share of social per cent in 2010-11 to 14.3 per cent in 2024-25, sector expenditure (35 per cent) to education largely driven by the expansion of direct benefit compared to the other two groups, underscoring transfers that cut across demographic groups their commitment towards skilling, and building (Chart III.3b). The share of urban development capacities (Charts III.4; III.6; and III.7). Bihar has inched up from 12.2 per cent to 15.6 per cent, recorded the highest education share (41.8 per reflecting the need to cater to the expanding city cent) among all States, followed by Maharashtra, population. In contrast, the share of education, Rajasthan, and Chhattisgarh in close succession.

Chart III.3 States’ Expenditure on Key Social Sector Components a. As per cent of GDP b. As per cent of social sector expenditure

3.0 100 90

2.5 80 70

2.0 60

1.5 50 40

1.0 30

0.5 20 10

0.0 2010-11 2015-16 2020-21 2024-25 0 2010-11 2015-16 2020-21 2024-25 Health,nutrition and family welfare Education Social security and labour welfare Pension Urban development Pension Urban development Education Social security and labour welfare Health,nutrition and family welfare

Source: Staff estimates.

36Demographic Transition in India – Implications for State Finances Chart III.4 Average Share of Social Sector Expenditure Components (Youthful States) a. 2015-16 b. 2024-25 (Per cent) (Per cent)

21.1 21.6

34.7

40.3

14.2

15.9

10.0

12.9 14.9

14.3 Education Urbanisation Education Urbanisation Health Pension Health Pension Social security and labour welfare Social security and labour welfare

Source: Staff estimates.

However, even within the youthful cohort, the expenditure. The revenue expenditure to capital share of education in total social sector spending outlay (RECO) ratio has declined from 6.2 in has moderated from the 2015-16 levels, signalling 2015-16 to 5.0 in 2024-25, reflecting their focus on a gradual shift in fiscal priorities as social and infrastructure and capacity building (Chart III.5a).

infrastructural needs have expanded. Accordingly, Their lower committed expenditure8 compared there has been an increase in the share of to the other two groups has generated greater urbanisation, and social security between 2015-16 fiscal headroom to prioritise demographically and 2024-25, whereas the share of pension and sensitive areas such as education, skilling, health, health remained broadly stable (Chart III.4). Among and infrastructure (Chart III.5b). As these States States, Chhattisgarh, Uttar Pradesh, Gujarat, and broaden social support programme, calibrated Telangana recorded the highest allocation towards spending and careful targeting will be essential to urban development, as expanding population ensure that expanding social commitments do not heightens demand for housing, transport, and crowd out critical developmental spending.

civic infrastructure. Health spending as per cent of Intermediate States total social sector spending remained flat between 2015-16 and 2024-25, reflecting States’ continued 3.22 Broadly similar expenditure pattern was focus towards maternal and childcare, which is noted for the intermediate States in 2024-25 critical to help realise the demographic dividend in with education having the dominant share in youthful States.

social sector expenditure followed by pension,

3.21 The youthful States have scaled up their urbanisation, health, and social security. capital spending and improved the quality of Intertemporally, there is a sharp decline in the 8 Committed expenditure consists of interest payments, administrative services, and pensions.

37State Finances : A Study of Budgets of 2025-26 Chart III.5: Quality of States’ Expenditure Across Demographic Group a. Revenue Expenditure to Capital Outlay b. Committed Expenditure

(Ratio) (Per cent of total expenditure) 12 35 31.4 32.4 32.4

29.3 10 9.6 9.0 30 27.0 27.0 28.5 26.2 8 8.4 7.7 8.0 8.5 7.9 25 23.9 24.5

6.2 6.5 20 6

5.0 15 4 10 2 5 0 0 2010-11 2015-16 2020-21 2024-25 2010-11 2015-16 2020-21 2024-25 Ageing Intermediate Youthful Ageing Intermediate Youthful

Source: Staff estimates. expenditure shares of education and pension 3.23 Intermediate States have maintained between 2015-16 and 2024-25, whereas the a balanced expenditure profile, with gradual shares of urbanisation, social security and health improvement in quality of spending over time have increased considerably (Chart III.6). For (Chart III.5). The RECO ratio has edged down urban development, the youthful and intermediate from 8.0 in 2015-16 to 6.5 in 2024-25, reflecting cohorts allocate a higher share (around 16 per gains in fiscal space to support developmental cent), compared to the ageing States (7 per cent), priorities. Their committed expenditure has also consistent with their relatively younger age profile. softened from the pandemic peak and dipped Chart III.6 Average Share of Social Sector Expenditure Components (Intermediate States) a. 2015-16 b. 2024-25 (Per cent) (Per cent)

22.3

25.6

31.9

37.5

11.2 15.8

15.6

11.9 13.8 14.4 Education Urbanisation Education Urbanisation Health Pension Health Pension Social security and labour welfare Social security and labour welfare

Source: Staff estimates.

38Demographic Transition in India – Implications for State Finances slightly below the 2015-16 levels, indicating become ubiquitous, rising life expectancy and measured containment of routine obligations. expanding coverage mean pension liabilities could escalate rapidly in the years ahead.

Ageing States

3.26 Underscoring the growing fiscal pressure of

3.24 In the ageing States, education and pension welfare commitment amid demographic change, accounted for almost equal share of social sector the share of social security and welfare - which expenditure, followed by social security in 2024- encompasses expenditure on women, children, the

25. The expenditure share of health was marginally elderly and persons with disabilities - has moved lower than the youthful and intermediate States, upward for all the cohorts, with ageing States

whereas the share of urbanisation was less than devoting the highest share (around 18 per cent) half of those States (Chart III.7). The considerably [Chart III.7]. This spending is largely driven by the lower share of urbanisation in the ageing States compared to the other two age groups reflects their expansion of direct benefit transfers, including the earlier urban transitions and already mature city surge in cash transfers. Such expenditures have systems. Similarly, their lower share of education become a structural component of State budgets, compared to youthful and intermediate States driven by broad based policy imperatives rather reflects the impact of population ageing. than demographic pressure alone. If not managed carefully, the rising emphasis on such transfers

3.25 The ageing States on average allocate close risks constraining the ability of States to allocate to 30 per cent of their total social sector spending adequate resources towards demographically to pensions - the highest among the three cohorts sensitive areas such as health and education.

(Chart III.7). Pension burdens have increased in tandem with the rising share of elderly population 3.27 Among the three groups, ageing States in these States. Intermediate States and youthful exhibit the highest RECO ratio of 9.0 in 2024-25, States spend less for now, but as ageing pressures nearly double that of the youthful States, signalling Chart III.7 Average Share of Social Sector Expenditure Components (Ageing States) a. 2020-21 b. 2024-25 (Per cent) (Per cent)

27.0

30.4

30.4 31.1

5.3 14.1 7.1

13.9

23.2 17.5 Education Urbanisation Education Urbanisation Health Pension Health Pension Social security and labour welfare Social security and labour welfare

Source: Staff estimates.

39State Finances : A Study of Budgets of 2025-26 limited fiscal flexibility to scale up investment in stress of debt servicing on fiscal resources) are the critical areas such as geriatric support, public most widely used indicators of debt sustainability health, and long-term care systems (Chart III.5a). of a government. In India, different groups of Committed expenditure also remains elevated at States face distinct revenue and expenditure

32.4 per cent of total expenditure, reinforcing the pressures, which shape their debt dynamics constraints (Chart III.5b). For these States, greater differently. Linking debt indicators to demographic efficiency in spending, targeted social support, patterns provides a more nuanced framework for and efforts to strengthen revenue mobilisation evaluating fiscal sustainability and for designing will be key to generate fiscal space for essential differentiated fiscal strategies across States. The demographic-responsive spending. debt indicators presented here are constructed

4.3 Impact on Fiscal Sustainability as simple averages of States belonging to each demographic cohort viz. youthful, intermediate,

3.28 While population ageing has a negative and ageing. impact on revenue mobilisation due to lower labour force participation and slower growth, States with 3.30 The Debt-GSDP trends show a clear higher percentages of elderly population require demographic pattern, with youthful States substantial resource allocation towards elderly desplaying relatively higher debt burden compared care, including healthcare, social security, and to the intermediate States in 2015-16 (Chart infrastructure. This poses significant challenges III.8a). In the Covid year of 2020-21, the debt for fiscal sustainability, limiting fiscal policy space ratios spiked across all demographic categories.

and effectiveness (Bloom et al., 2010). The The ageing States faced the maximum stress Organisation for Economic Co-operation and during this period, with debt levels significantly Development (OECD) countries have already higher than those of youthful and intermediate experienced rising old-age dependency leading States. By 2024-25, there has been some to higher fiscal deficits and debt accumulation. moderation in debt levels across all demographic Similar patterns are emerging in advanced Asian groups as their economies recover, though the economies like Japan and South Korea, where ageing States continue to bear the highest debt population ageing has intensified fiscal pressures. burden as they remained structurally vulnerable To safeguard against the adverse economic and due to weaker revenues and elevated committed fiscal consequences of population ageing, there expenditure. The intermediate States registered is a need for fiscal buffers, improved quality of relatively lower debt burden across the years public finances and structural reforms (ECB, compared to the other two groups. The lower debt-

2022). to-GSDP ratio of intermediate States, such as

3.29 The IMF’s Debt Sustainability Framework Odisha, Maharashtra, and Karnataka, compared highlights that debt burden indicators, primary to youthful States like Uttar Pradesh and Bihar, balance, and debt service costs are central to reflects multiple factors like stronger growth assessing medium to long-term vulnerabilities in dynamics, robust industrial base, higher fiscal public finances (IMF, 2013; 2021). Debt-GDP ratio capacity, greater fiscal discipline and sustainable (reflecting the overall debt burden), and interest debt management practices (RBI, 2023; Mohan, payments to revenue receipts ratio (capturing the 2023).

40Demographic Transition in India – Implications for State Finances Chart III.8: Indicators of States’ Debt Burden a. Outstanding Liabilites of States b. Interest Payments to Revenue Receipts (Per cent of GSDP) (Per cent) 45 25

40.3 40 35 34.0 32.9 31.8 33.6 20

29.8 30 28.3

23.8 15 25 20 10 15 10 5 5 0 0 2015-16 2020-21 2024-25 2015-16 2020-21 2024-25 Youthful Intermediate Ageing Youthful Intermediate Ageing

Source: State Finances: A Study of Budgets, RBI, various issues.

3.31 The interest payment to revenue receipts fiscal performance. This calls for forward-looking ratio (debt service ratio) highlights persistent policies incorporating population dynamics and fiscal stress, particularly among the ageing the related fiscal challenges.

States. During the entire period between 2015-

5.1 Policy Suggestions for Youthful States 16 and 2024-25, the debt-service burden of the youthful States remained lower than that 3.33 The youthful States with relatively lower of the intermediate States with the gap getting share of elderly population, and lower old-age wider over time (Chart III.8b). While there has dependency ratios, are in a position to reap the been some moderation in debt service ratio of benefits of their large working-age populations.

both youthful and intermediate States in 2024- However, reaping demographic dividend in 25 from the Covid high of 2020-21, the ageing these States is not automatic but conditional on States continue to carry a heavier burden. These supportive socio-economic policy environment dynamics underline the fiscal vulnerability of in terms of investment in human capital and ageing States, where rising interest commitments employment opportunities. The review of constrain spending flexibility. High debt service expenditure profile during the last decade reveals often crowds out productive public spending, that the share of public spending on education by such as investment in human and physical capital the youthful States has declined over time, even as (Bacchiocchi et al., 2011).

demographic pressures intensify. Thus, for them

5. Policy Options the policy priority should be to strengthen revenue

3.32 The findings of the previous sections are mobilisation through broadening the tax base and consistent with the broader literature highlighting simultaneously investing heavily in human capital the role of demographic transitions in shaping and infrastructure to accelerate growth.

41State Finances : A Study of Budgets of 2025-26

3.34 Second, these States should also moderate increases in old-age dependency ratios. proactively expand employment opportunities, Meanwhile, the window for reaping demographic particularly for youth, to convert their demographic dividends in these States is gradually closing. Their dividend into sustained fiscal capacity. A boost to fiscal stance should balance growth-enhancing labour intensive sectors such as trade, transport, investments with the need to gradually expand tourism, e-commerce, and other utility services social security and healthcare systems.

can create jobs for unskilled and semi-skilled

3.37 Policies to encourage higher labour force workforce. Alongside, it is also critical to ensure participation - especially among women and that the working age population in general, is older workers - will be critical to sustain economic suitably educated and skilled for jobs of the dynamism. Equally important are productivity- future in the era of artificial intelligence and oriented reforms, such as technology adoption, automation. For the skilled workforce, promoting innovation, and industrial diversification, which entrepreneurship, business-friendly policies, can help offset the slowdown in labor supply and and labour market reforms are crucial for job ease long-term fiscal pressures.

creation. The Indian States have adopted various education and skill development policies suitable 3.38 Looking ahead, strengthening revenue to their demographic structure (Annex III.1). India’s capacity, and improving the quality and efficiency success in exporting Information Technology and of government expenditure will be essential for Business Process Outsourcing services is a good creating durable fiscal space as demographic example of how it has leveraged its demographic needs evolve. At the same time, early steps in advantage. building healthcare and pension buffers will help them avoid sharp fiscal adjustments once ageing

3.35 Third, as States traverse through different pressures begin to mount in the coming decades. stages of demographic transition, there has been The pension reform carried out by Indian States a pronounced expansion in social sector outlays by shifting from the defined benefit Old Pension through cash transfer to women, farmers, and Scheme (OPS) to the defined contribution National youth, pensions, and other welfare schemes.

Pension System (NPS) is a major step forward to Once introduced, these schemes often acquire a reduce the fiscal burden of population ageing. quasi-committed character, making them difficult to scale back or discontinue. Although such 5.3 Policy Suggestions for Ageing States interventions have deepened social safety nets,

3.39 Ageing States are facing high old- their growing scale calls for periodic review and age dependency ratios and rising social sharper targeting. In youthful States, where the sector expenditure obligations. Rising old- dividends from investing in early life nutrition, age dependency ratios also suggest that the learning and skills are especially high, rising demographic transition currently confronting the transfer commitments must not overshadow the ageing States, such as Kerala and Tamil Nadu, imperative of building human capital.

will gradually extend to today’s intermediate

5.2 Policy Suggestions for Intermediate States and youthful States (Table III.7). Addressing

3.36 Intermediate States are entering a phase the mounting fiscal pressures stemming from where ageing pressures are becoming visible, with population ageing and safeguarding public 42Demographic Transition in India – Implications for State Finances age population. Thus, the ageing States should Table III.7: State-wise Old-Age Dependency prioritise healthcare financing reforms, preventive Ratio health systems, and public–private partnerships, State/Year 2011 2016 2021 2026 2031 2036 while rationalising subsidies and non-merit 1 2 3 4 5 6 7 India 13.8 14.6 15.7 17.6 20.1 23.0 spending to create fiscal space. Tamil Nadu has Jammu & Kashmir 11.9 12.9 14.1 16.0 19.2 23.2 implemented measures like doorstep delivery of Himachal Pradesh 16.3 17.7 19.7 22.4 26.0 30.3 medical services for elderly households; centres Punjab 16.5 17.4 18.8 21.3 24.3 27.8 for day care and health services for senior citizens, Uttarakhand 14.8 15.3 16.2 17.6 19.8 22.4 and State pension schemes for the elderly and Haryana 13.9 14.3 15.0 16.5 18.5 21.0 the vulnerable (Annex III.1). Ensuring universal Delhi 10.5 11.8 13.4 15.6 18.2 21.1 access to quality health services together with Rajasthan 12.3 12.9 13.9 15.5 17.4 19.7 increasing life expectancy can result in second Uttar Pradesh 13.1 12.9 13.2 14.3 15.8 17.9 and third waves of demographic dividend9 like in Bihar 11.8 12.7 13.1 14.0 15.6 17.8 the case of East Asian economies (Box III.1).

Assam 10.5 11.3 12.7 14.8 17.7 20.9 West Bengal 13.4 14.6 16.6 19.7 23.5 27.9 3.41 Second, due to rising old-age dependency, Jharkhand 11.4 12.6 13.5 14.9 16.8 19.0 the ageing States would witness a gradual decline Odisha 15.0 16.1 17.7 20.0 23.1 26.6 in labour supply resulting in lower productivity Chhattisgarh 12.6 12.9 13.8 15.7 18.1 20.6 and economic growth. In these States, however, Madhya Pradesh 12.7 12.9 13.6 15.3 17.4 19.8 healthier ageing could continue to boost labour Gujarat 12.6 13.9 15.7 18.2 20.9 23.9 supply by extending working lives and enhancing Maharashtra 15.7 16.4 17.5 19.5 22.4 25.8 older workers’ productivity, offering a bright spot Andhra Pradesh 15.7 16.9 18.5 21.1 24.7 28.9 amid the rise of the silver economy (IMF, 2025).

Karnataka 14.9 15.7 17.2 19.6 22.6 26.2 This will require a change in workforce policy of Kerala 19.8 22.7 26.1 30.1 34.3 38.3 the States such as increasing the retirement ages Tamil Nadu 16.0 18.0 20.5 23.9 28.0 32.7 beyond 60 years in alignment with the improved Telangana 14.5 15.2 16.3 18.4 21.5 25.7

Note: Green corresponds to lower dependency, yellow to moderate life expectancy. Employers may also adopt phased dependency, and red to higher dependency. retirement plans, flexible work arrangements, and

Source: Staff estimates. re-skilling programmes tailored for older workers. finance sustainability requires a comprehensive policy strategy. 3.42 Third, interstate migration could be another way to boost labour supply in the ageing States.

3.40 Older people aged 60 or above usually Internal migration in India has been closely have different needs and behaviour than younger linked to regional disparities, with movement individuals. Older individuals tend to work and save predominantly directed from less-developed to less, implying they offer less labour and capital to more-developed States (Srivastava, 2011; Das economies. They also require more health care & Saha, 2013). Out-migration is currently heavily and social security support compared to working concentrated in a few States like Uttar Pradesh, 9 The old age dividend refers to the potential economic and social benefits of an ageing society, particularly if elderly individuals can remain active and engaged in economic, social and familial roles.

43State Finances : A Study of Budgets of 2025-26 Box III.1: Leveraging Demographic Dividend: Insights from East Asia The East Asian countries10 experienced rapid economic While favourable demographic condition aided growth in growth in the range of 9-10 per cent on an annual basis these economies, the same was further strengthened by during the period 1960s-80s11, often termed as “East Asian public policy aiming universal education and supply of Miracle”. Several of these economies were affected by the healthy and skilled labour. The duration of compulsory ravages of World War II and the speed with which these education was kept at nine years in Japan, Hong Kong, countries transformed themselves thereafter to rise to Taiwan, and China, covering a portion of secondary prominence in the global trade and finance, and sustained education. Compulsory education Acts in Japan, and Korea the same through decades, was largely unprecedented. made it imperative to allocate sizeable resources from Along with high growth rate, these economies often had national budget. Another striking feature of these countries high savings and investment rates, partly attributable to was emphasis on vocational and technical education, the export oriented industrial policy (Storm and Naastepad, facilitating low unemployment rate. Most of these countries

2005). Demographic factors also played an important role in prioritised universal access to basic health services, and the transition of East Asian economies. A rapidly increasing health insurance expansion during the early years of their proportion of working age population resulted in increased demographic dividend period. Specific examples include supply of labour, lower dependency ratio12 during the late establishment of mandatory health savings accounts in 1970s till mid-2000, coupled with a high potential support Singapore (MediSave, introduced in 1984) and strong ratio (Charts 1a and b)13. Lower dependency ratio freed up workplace health policies for factory workers in Taiwan.

resources for savings and investment in these countries, thus opening the “demographic window of opportunity”. In Mirroring the global trend, most East Asian economies addition, a higher14 potential support ratio indicates lower witnessed rapid ageing of their population since the 1990s.

strain on fiscal and social support systems. Japan started facing the problem early amongst them Chart 1: Demographic Transition in East Asia a. Population by Broad Age Groups b. Dependency Ratio

(million) (per cent) 1200 1000 800 600 400 200 0

Source: Population data portal, United Nations. (Contd.) 10 Primarily refers to Japan, South Korea, Taiwan, Hong Kong, Singapore, and China, while several studies on the East Asian miracle also included Malaysia, Indonesia, and Thailand, as the second tier newly industrialised economies (NIEs).

11 The peak growth rates, however varied across the East Asian countries. While for Japan, the peak growth rates were observed during mid-1950s to early 1970s, for the four Asian Tigers (South Korea, Taiwan, Singapore, and Hong Kong) the peak growth occurred during 1960-1980s. For China, the peak was observed post-reform (1978), during 1980s-2000s, while for Singapore, highest growth was observed during early independence years (1960s-1990s).

12 Dependency ratio is the ratio of dependents (people younger than 15 or older than 64) to the working-age population (those in age bracket 15-64).

13 Defined as number of persons in age group 15-64 per old person (aged 65 and above).

14 East Asian countries’ potential support ratio continued to be higher when compared with developing economies, though the gap reduced from mid-1990s.

44 0591 4591 8591 2691 6691 0791 4791 8791 2891 6891 0991 4991 8991 2002 6002 0102 4102 8102 2202 5202 90 80 70 60 50 40 30 20 10 0 1950 1975 2000 2025 2050 0-14 15-24 25-64 65+ East Asia IndiaDemographic Transition in India – Implications for State Finances and reformed its pension system to tackle the problem of projections of United Nations Population Fund (UNFPA) mounting fiscal burden by raising retirement age as well [Kumar et al., 2023]. One unique feature of the demographic as introducing defined contribution scheme and long- transition in India is that its States are at various stages term care insurance (introduced in 2000). In South Korea, of transition; hence the demographic dividend will be pension reforms during 1998-2007 were in the form of staggered spatially. Some States like Kerala and Tamil cutting replacement rates, raising retirement ages and Nadu, which started to derive the benefit of favourable establishing long-term care insurance. Other measures age profile of their population from 2000 onwards, would adopted by East Asian countries were moving to a defined lose it sooner (around 2040s). In contrast, late entrants like contribution system (Hong Kong, Singapore), change from Jharkhand, Madhya Pradesh, Rajasthan, and Bihar would wage-based to price-based indexation (Japan and South continue to derive benefit from a younger demography even Korea) and expanding pension coverage (China). Finally, beyond 2061. Hence a one size fits all approach may not universal access to quality health services and higher life yield desired outcome in the case of India. A cluster-based expectancy in most of these economies resulted in a second approach involving States with similar demography may and even third wave of demographic dividend. During the be more suitable. Several developed nations in the past second wave, mid-aged professionals save more as they resorted to a carefully designed migration policy during the prepare for a longer post-retirement life, thus boosting the phase of rising dependency. Somewhat similarly, within national savings, whereas the third demographic dividend India, States which are at relatively advanced stages of refers to exploring untapped resources within the healthier the transition would depend on the late entrants for migrant elderly population, which also lowers dependency burden workers. In these States, public policy should focus around (Ogawa et al., 2021).

creating diverse and multi-cultural workplaces, along with The experience of East Asian economies during the years of thrust on elderly care infrastructure. A healthy elderly their demographic dividend and subsequent rise in ageing population would partially offset the dependency burden population provides valuable lesson for countries like India, in these States. States which are at an early stage of which is in the midst of demographic transition. For India, transition, should focus on empowering and educating its the dependency ratio has already fallen below 67 per cent young population and skill formation. In addition, reducing by 2000, indicating the opening of demographic window gender gap in access to education, and basic health of opportunity. This low dependency ratio is expected to services would be crucial for these States, for ensuring a continue till 2041, after which it will start rising as per the quicker transition via falling fertility rates.

Table 1: Period of Demographic Dividend: Cross-country Comparison Countries Period of declining total General Government Education General Government Health Human Development dependency ratio* Expenditure (per cent of GDP) Expenditure (per cent of GDP) Index (HDI) (Average during the period Data pertains to 2022 (latest available Data pertains to 2023 specified in Col 2) for cross-country comparison) 1 2 3 4 5 China 1977-2010 2.19 2.94 0.80 Hong Kong 1969-2011 2.97 0.96 Indonesia 1972- ongoing 2.12 1.39 0.73 Japan 1961-1969 - 9.82 0.93 1983-1992 5.23 Korea, Rep. 1967-1999 3.37 5.90 0.93 Malaysia 1965- ongoing 5.28 1.97 0.82 Singapore 1962-2012 3.01 2.77 0.95 Thailand 1967-2013 3.49 3.89 0.80 India 1967- ongoing 3.86 1.29 0.69

Note: For countries in highlighted rows, total dependency ratio is still declining. *: Also referred as period of demographic dividend (Komine and Kabe, 2009). -: Not available.

Source: Staff calculations based on data obtained from World Bank, and United Nations Development Programme (UNDP) (Contd.) 45State Finances : A Study of Budgets of 2025-26 India’s pattern of development has been primarily services- the decades to come. In addition, the ongoing reform of the led and characterised by relatively greater emphasis on pension system would be imperative to build a sustainable tertiary education as compared to vocational education funding model for future, protecting inter-generational in many East Asian countries. Though predominance equity and limiting fiscal burden.

of services has helped India to grow fast, there has not References been commensurate expansion in productive employment, Komine, Takao, and Shigesaburo Kabe. (2009). “Long- partly attributed to India’s services-led growth (ILO, Term Forecast of the Demographic Transition in Japan and

2024). Even with a declining fertility rate, population in Asia.” Asian Economic Policy Review 4 (1): 19–38.

India would continue to increase till 2063, reflecting the momentum effect (Kumar et al., 2023). In this context, Storm, Servaas, and C. W. M. Naastepad (2005). the development of labour-intensive manufacturing and “Strategic factors in economic development: East fostering entrepreneurship would become crucial for Asian industrialization 1950–2003.” Development and generating employment in commensurate with rising young Change 36.6: 1059-1094.

population. In India, general government expenditure on Ogawa, N., Mansor, N., Lee, S. H., Abrigo, M. R., & Aris, health as per cent of GDP stands low when compared to T. (2021). Population aging and the three demographic East Asia (Table 1), with high proportion of out-of-pocket dividends in Asia. Asian Development Review, 38(1), 32- expenditure15 and limited development of voluntary health 67.

insurance market. In this context, the experience of Kumar, S., Singh, S., & Biswas, J. (2023). India’s successful resource pooling by some East Asian countries demographic dividend and policy implications. In Handbook

through mandated social insurance in the form of employee of youth development: Policies and perspectives from india and employer contribution may provide valuable inputs for and beyond (pp. 149-164). Singapore: Springer Nature policy formulation. Given the presence of large informal Singapore.

sector in India, initiation of Atal Pension Yojana is a ILO (2024). India Employment Report 2024: Youth formative step to tackle the burden of ageing population in employment, education, and skills.

Bihar and Rajasthan. Migration might cushion the balance for women, including improved parental decline in working-age population due to ageing, leave systems, expanding on affordable childcare and, if fully integrated into the labour market, help options, and promoting flexible work arrangements by generating fiscal income. (Gu et al., 2024).

3.43 Fourth, India must address its longstanding 3.44 Fifth, the demographic transition gender gap in labour force participation. Though characterised by an increasing share of elderly India has witnessed a rise in the female labour population imposes unique fiscal challenges on force participation rate (LFPR) from 37.0 per States. For instance, the ageing States having cent in 2022-23 to 41.7 per cent in 2023-24, it higher percentage of elderly are financially still lags far behind the male LFPR of 78.8 per more burdened compared to the youthful and cent in 2023-2416. To avert an adverse impact of intermediate States. Integrating the elderly higher female labour force participation on fertility, population into the tax devolution formula can policies should aim for improving the work-life significantly alter the distribution of resources 15 Out-of-pocket health expenditure, as per cent of health expenditure (current) stood at 46 per cent for India, higher than the corresponding number for East Asia and Pacific (25.45 per cent) in 2022 (Source: Global Health Infographics, World Development Indicators, World Bank).

16 According to the Periodic Labour Force Survey 2023-24, LFPR is estimated in usual status.

Link: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2057970&reg=3&lang=2 46Demographic Transition in India – Implications for State Finances among States, with those having higher shares as reflected in terms of higher share of elderly of elderly populations benefiting more (Box III.2). population or old-age dependency ratio into their Accordingly, with the rapidly changing population devolution formula to ensure fiscal sustainability profile of States, the future Finance Commissions of the ageing States (Chakrabarty and Gupta, may explicitly incorporate population ageing 2021; Chakrabarty and Singh, 2024).

Box III.2: Demographic Criteria in Finance Commission Awards - An Evolving Framework Intergovernmental transfers have been a cornerstone Table 1: Horizontal Devolution Criteria and Weights of fiscal federalism in India. These transfers are crucial Assigned by various Finance Commissions for ensuring a balanced distribution of resources across Criteria Weight (per cent) States, addressing disparities, and promoting equity FC-XIII FC-XIV FC-XV (Singh and Chakraborty, 2024). In India, the Finance (2010-15) (2015-20) (2021-26) Commissions (FCs) from time to time have been using Income Distance/ Fiscal Capacity 47.5 50.0 45.0 several criteria for inter se determination of share of Area 10.0 15.0 15.0 taxes to the State governments. The various criteria Population (1971) 25.0 17.5 - used by the successive FCs can be grouped into four Population (2011) - 10.0 15.0 broad categories, viz., need based criteria (comprising Demographic Performance - - 12.5 population, area, and demographic change); equity criteria Forest Cover - 7.5 - (including income distance, fiscal capacity distance, and Forest and Ecology - - 10.0 index of infrastructure); performance or efficiency criteria Tax and Fiscal Efforts - - 2.5 (comprising tax effort and fiscal discipline); and lastly, forest Fiscal Discipline 17.5 - - cover. Furthermore, an examination of the different criteria Total 100 100 100

Source: Report of the FC-XIII, FC-XIV and FC-XV. used by the FCs reveals that need and equity are the two most important criteria being used by the FCs, together The FC-XV used demographic performance as reflected accounting for 80 per cent or more weights being assigned in terms of population control or total fertility rate as one to them (Chakraborty and Gupta, 2021). of the criteria to determine tax devolution across States.

This marked a conceptual shift from population as a static Population, considered as a ‘neutral indicator of need17’, indicator of need to one that recognises demographic has been used by all the first 15 FCs constituted by the efficiency and governance outcomes. With States moving Government of India. Population size of a State directly through different stages of demographic transition, several indicates its expenditure requirements for providing States are facing fiscal pressures arising out of population economic, social, and general services to its inhabitants.

ageing, with Kerala and Tamil Nadu in the forefront.

The first 7 FCs assigned weights ranging between 75 and Accordingly, there is a need to consider demographic 100 per cent to population. From FC-VIII onwards, there changes by incorporating the share of elderly population as was a shift of emphasis from need based criteria such as a criterion by the future Finance Commissions to promote population towards equity considerations. Consequently, a more equitable and efficient allocation of resources the weights assigned to population since the FC-VIII have (Chakraborty and Singh, 2024).

ranged between 20 and 27.5 per cent except for the FC- XI, which had assigned a weight of 10 per cent to the Recent studies emphasise that fiscal frameworks must population criteria. The FC-XV introduced a new parameter adapt to the evolving balance between working-age ‘demographic performance’, to reward States for their and elderly populations (IMF, 2023). Accordingly, old- performance in population control, and better outcomes in age dependency ratio - the proportion of elderly (60 education and health (Table 1). years and above) to the working-age population (15–59 17 Population is considered as a neutral indicator of need since it provides a simple, quantifiable measure of a State’s size and the number of people it needs to serve. A larger population generally implies greater expenditure on public services like health, education, and infrastructure.

47State Finances : A Study of Budgets of 2025-26 years) - is constructed for each State and scaled to the Table 2: Average Inter-se Shares across Demographic 1971 population to maintain consistency with Finance Cohorts under Alternative Scenario Commission conventions. The average shares of the three (Per cent) groups of States, ‘youthful’, ‘intermediate’ and ‘ageing’ in Baseline (XV FC) Alternative scenario tax devolution from the Centre are presented under the Youthful 6.90 6.84 baseline scenario18 (Table 2). An alternative scenario is Intermediate 3.32 3.33 considered, where the old-age dependency ratio of States Ageing 3.00 3.20

is introduced as an additional criterion for tax devolution by Source: Staff estimates. reallocating 5 per cent of the weight from the population

References: criterion (reduced from 15 to 10 per cent), while maintaining Chakraborty, Pinaki & Gupta, Manish (2021). Terms of other weights unchanged. As expected, in the alternative

Reference of the Fifteenth Finance Commission: Use of scenario, the ageing States make incremental gains in inter- 2011 Population and Horizontal Inequality. se share, whereas the youthful States experience a modest Singh, Yadawendra & Chakraborty, Lekha (2024). Tax reduction. The coefficient of variation in the inter-se share

Transfers and Demographic Transition: Empirical Evidence declines modestly from 104.7 in the baseline to 103.9 in the for 16th Finance Commission, NIPFP Working Paper alternative scenario. This indicates a calibrated narrowing No.417, August.

of inter-State dispersion that preserves the progressivity International Monetary Fund (2023). Fiscal policy and of the formula while giving marginal recognition to ageing population aging. In Fiscal Monitor, April 2023: On the path States.

to policy normalization. Washington, D.C.

6. Conclusion education and infrastructure; intermediate States are balancing developmental spending with welfare

3.45 The demographic transition across States in commitments; and ageing States are devoting a India is not uniform. The interstate variability in age higher proportion towards old-age support. Taken structure results in diverse fiscal performance in together, the expenditure patterns across three terms of revenue realisation, quality of expenditure groups reflect evolving priorities as States balance and debt sustainability. The youthful States exhibit human capital investment, infrastructure needs, strong revenue mobilisation supported by higher and rising welfare commitments amid changing tax collections as well as higher central transfers;

demographic profiles. intermediate States display moderate and stable

3.46 The share of expenditure on education has fiscal outcomes; and the ageing States face moderated in all demographic groups, including greater fiscal challenges on account of modest the youthful States. Going forward, it is imperative tax growth, and a lower share of central transfers.

for these States to invest heavily in education, skill Regarding expenditure quality, the youthful States building and job creation to take advantage of the have relatively greater fiscal headroom to invest demographic dividend of the younger population.

in human capital, and infrastructure; intermediate Intermediate States need to balance growth- State show steady consolidation with measured oriented investments with the expansion of social containment of committed expenditure; while security and higher labour force participation.

ageing States operate with tighter fiscal space Ageing States must prioritise healthcare and due to higher committed outlays and demographic pension reforms, rationalise subsidies, and pressures. Supported by higher fiscal space, the harness the silver economy to manage fiscal youthful States are allocating a larger share to pressures sustainably.

18 The classification of States into youthful, intermediate, and ageing cohort follows the same definition used in the Chapter. Goa and North- Eastern States (except Assam) are excluded from the analysis. The group averages are calculated as simple means of State-level shares.

48Demographic Transition in India – Implications for State Finances Annex III.1: State-wise Policy Initiatives to Address Demographic Needs Names of State Education and Skill Health care and Social Infrastructure Development Welfare

1. Arunachal • The State has expanded • State Social Security • To address rising Pradesh school access and quality Scheme provides old- urbanisation and migrant of education through age, widow, and disability inflows, the State promotes provision of mid-day pensions, with enhanced skill mapping, employment meals, free textbooks, monthly benefits and programs for migrant sanitary pads for girls, and relaxed eligibility norms workers, and urban construction of hostels approved by the Cabinet. livelihood initiatives.

and school buildings. • Schemes for women’s • The State has introduced empowerment include multiple merit-based Women Achievers scholarship schemes Awards, exposure visits (Golden Jubilee Merit for rural women, and the Award, AP Scholarship State Crèche Scheme to for Academic Excellence, support working mothers.

State Merit Scholarships), one-time financial assistance for higher education, competitive exams, and professional courses to support higher education. • The State has launched Integrated Scheme for School Education (ISSE) and vocational initiatives to promote skill-based learning; Chief Minister’s Yuva Kaushal Yojana and State Apprenticeship Promotion Scheme to enhance employability through short-term skill training, apprenticeships, and entrepreneurship support.

49State Finances : A Study of Budgets of 2025-26 Names of State Education and Skill Health care and Social Infrastructure Development Welfare

2. Chhattisgarh • The State has set up • Health services are • Mukhyamantri Nagarotthan Secondary Schools for delivered through a tiered Yojana aims to upgrade Basic Minimum Services public system. Primary municipal infrastructure and and Government Health Centres (PHC) act civic amenities.

Primary Schools scheme as the first point of contact • Entry-tax linked urban to strengthen basic for basic and maternal- grants are provided as amenities such as child care. Community additional resources to classrooms, sanitation, Health Centre (CHC) urban local bodies (ULBs) and drinking water function as referral units for improving core services.

infrastructure. and District Hospitals provide secondary-level inpatient and specialist care.

3. Haryana • The State has Scholarship • Community welfare • Urban Local Bodies and merit-support programs which are in (ULB) and Town & schemes for the benefit place in the State include Country Planning (TCP) of Schedule Caste (SC) PM-AJAY. Departments publish students. joint Development Plans • The State has also integrating demographic launched Industrial trends, migration patterns Training Infrastructure and future population Scheme for ITI growth.

upgradation; Saksham Yuva Scheme for engineering and construction skilling; Guru Shishya Kaushal Samman Yojana for traditional skill apprenticeships.

4. Himachal • The State provides early- • The Indira Gandhi Pyari • The State strengthened Pradesh grade support through Behna Sukh Samman urban planning by schemes like Medhavi Nidhi Yojna 2024 had expanding Himachal Chhatravriti Yojana, been launched with the Pradesh Town and IRDP/BPL Scholarship, objective of providing Country Planning (HPTCP) and Free Textbooks aid ₹1500 per month to coverage, enforcing safety participation and retention women in the State. norms in high-risk zones, in Classes 1- 8. • Mukhya Mantri Chikitsa increasing Shimla’s green • The State provides Sahayta Kosh was areas, introducing an scholarships such as launched on 20th October E-DCR portal for faster Swami Vivekanand 2018 to provide financial building permissions, and Utkrisht, Thakur Sen assistance to needy operationalising the GIS- Negi, Dr. Ambedkar poor people of the State based Shimla Development Medhavi, Kalpana suffering from critical Plan (2041).

Chawla, and Mukhya ailments.

Mantri Protsahan Yojana to support meritorious and disadvantaged students in higher classes.

50Demographic Transition in India – Implications for State Finances Names of State Education and Skill Health care and Social Infrastructure Development Welfare

5. Kerala • The State government • The budget has dedicated • The State regularly has made substantial allocations for the care upgrades physical, human, investments in school economy, including and IT infrastructure and higher secondary financial assistance to across higher education infrastructure, including institutions supporting institutions, with significant classroom upgrades, intellectually disabled spending on laboratories, modernisation, and children, and support for digital systems, and free/handloom uniform State institutes for the capacity expansion.

schemes. mentally challenged. • The State expanded sports • The State has • Welfare schemes and youth infrastructure strengthened higher for youth such as through setting up of rural education system through the Kerala State playgrounds, elite sports university development, Youth Welfare Board, academies, and Kerala skill-focused programs, outreach programs, State Sports Council and research/quality- and scholarships for facilities.

assurance initiatives, students strengthen social alongside upgrades protection for vulnerable of engineering and and young populations. polytechnic colleges. • The State government pursues inclusive education initiatives such as the Autism Park and disability-linked centres of excellence.

6. Meghalaya • Meghalaya focuses • The National Health • The Meghalaya Waste on improving access Mission and Chief Management Policy and quality of Minister’s Safe (2019) ensures systematic education through Motherhood Scheme solid waste collection, Mission Education, strengthen primary care, segregation, and recycling, Samagra Shiksha, maternal health, and promoting scientific waste and PM SHRI Schools disease control with treatment under ULBs.

schemes, emphasising integrated rural–urban • The State has made infrastructure upgradation, healthcare delivery. massive investments teacher training, and • Projects like Digitization in education and urban implementation of New of Public Health Systems development projects like Education Policy (NEP)- and Emergency Medical construction of polytechnic

2020.

Response expand digital colleges, road connectivity • The State has taken health records, real-time to new colleges, and initiatives like Schools data management, and localized composting Information Management emergency response infrastructure. to enhance System and Vidya across all districts. sustainability and Samiksha Kendra accessibility.

to strengthen digital monitoring, transparency, and learning outcomes across 9,000+ schools.

51State Finances : A Study of Budgets of 2025-26 Names of State Education and Skill Health care and Social Infrastructure Development Welfare • Under Skills Meghalaya • Public–Private and CM Skills Mission Partnerships (PPP) in (2025–28), over 1 lakh healthcare has expanded youth will be trained for the reach of services in local, national, and global remote and underserved employment, in areas like regions.

IT, hospitality, agriculture, • The CM-CARE Scheme and construction. provides ₹750 per month to single mothers, senior citizens, and persons with disabilities, covering over

1.2 lakh beneficiaries in FY 2025–26.

7. Odisha • The Odisha government • Major schemes like • Mukhyamantri Sahari Bikas implemented Godabarisha Mukhya Mantri Swasthya Yojana aims to provide Mishra Adarsha Prathamik Seva Mission and civic amenities, create Vidyalaya scheme to Niramaya strengthen employment opportunities, upgrade 7,000 elementary infrastructure, free and restore water bodies.

schools. medicines, diagnostics, • Samruddha Sahara and and digital health systems • Schemes like New City Development under Ayushman Bharat Mukhyamantri Shikhya initiatives promote Digital Mission.

Puraskar and Gangadhar sustainable and smart Meher Shikshya • The government is urban growth, modern Manakbrudhi Yojana focusing on cancer drainage and sanitation promote distribution of care and disease networks.

free bicycles, uniforms, prevention through the and merit rewards, Comprehensive Cancer to enhance learning Care Plan. It has set up outcomes. new medical colleges under the Swasthya • Expansion of World Skill Seva Mission to boost Centres and upgradation specialised healthcare of 10 ITIs into zonal hubs services.

with Centres of Excellence aim to make Odisha a • Subhadra Yojana and skilling hub in emerging Madhubabu Pension sectors like IT and Yojana aim to promote semiconductors. social security and women empowerment.

52Demographic Transition in India – Implications for State Finances Names of State Education and Skill Health care and Social Infrastructure Development Welfare

8. Sikkim • Sikkim INSPIRES • The State has • State initiatives include program focuses strengthened its health upgradation of urban on inclusive growth, infrastructure through services and major employment linkages and hospital upgrades, district tourism infrastructure entrepreneurship support dialysis units, new Virus like convention centres, for youth and women. Research and Diagnostic ropeways, and skywalks.

Laboratories (VRDL), • Sikkim Start-up Policy • Sikkim Garib Aawas Yojana and genome sequencing and Skilled Youth Start-up aims to expand pucca facilities.

Scheme (SYSS) support housing for economically entrepreneurs with • Mukhya Mantri Swasthya weaker sections. funding and mentorship. Suvidha Yojana, and • The State has launched Chief Minister Medical • The State has developed Assistance Scheme tourist inflow monitoring tourism skill programs system and data provide financial support to build capabilities in governance initiatives to for critical illness to hospitality and tourism support improved urban Below Poverty Line (BPL) industry.

management and carrying- families. capacity planning. • The State has undertaken Glacial Lake Outburst Flood (GLOF) mitigation strategy to be implemented by a High-Level Steering Committee and a Multi- Disciplinary Task Force.

9. Tamil Nadu • The State focuses on • The State expanded • Urban infrastructure is Learning Management cancer care, early being upgraded through Systems, mobile science screening, and HPV Kalaignar Nagarpura labs, and improved vaccinations to reinforce Membattu Thittam and internet connectivity to preventive healthcare. Tamil Nadu Urban Flagship strengthen digital learning. Investment Program • The Dr. Muthulakshmi

(TNUFIP). • Programmes like Illam Reddy Maternity Thedi Kalvi, Schools of Benefit scheme aims to • Affordable housing is Excellence, and foreign strengthen maternal and supported through the educational tours enhance child health. Tamil Nadu Shelter Fund, quality and exposure of PMAY-Urban, and Urban • Makkalai Thedi students. Habitat Development Board Maruthuvam scheme initiatives.

• Naan Mudhalvan scheme delivers doorstep care provides industry-aligned for chronic diseases, • Rural roads and basic skilling and placement especially for elderly infrastructure are support across sectors. households. strengthened under Anaithu Grama Anna Marumalarchi Thittam and Mudhalvarin Grama Salaigal Membattu Thittam.

53State Finances : A Study of Budgets of 2025-26 Names of State Education and Skill Health care and Social Infrastructure Development Welfare • Women’s hostels, SHG • Anbucholai centres offer lending programmes, day-care and health and the Puthumai services for senior Penn Thittam program citizens.

expand access to higher • The State has initiated education and livelihoods. annual master health • Schemes such as Tamil check-up for 16.7 lakh Pudhalvan, Vidiyal construction workers to Payanam, and Kalaignar address occupational Magalir Urimai Thittam risks. The State is promote women’s also providing mobility education, mobility, and subsidies, group income security. insurance, and access to dedicated work lounges in major cities to Gig workers.

• The State has implemented pension schemes to support elderly, widowed, disabled, and vulnerable groups.

Source: Information received from State Governments.

54IV The Way Forward State finances are exhibiting early signs of vulnerability. Elevated debt levels, growing number of cash- transfer schemes, impending pay-commission awards, and heightened climate-related risks are expected to intensify the medium-term fiscal pressures. Strengthening fiscal disclosures, adopting a glide path for debt consolidation, and mainstreaming climate budgeting can together enhance States’ long-term fiscal resilience.

4.1 State government finances have somewhat of Indian States remains high in the post pandemic deteriorated compared to last year. Geopolitical period with a budget estimate of 29.2 per cent uncertainty, persistently high debt levels, growing at end-March 2026. Several States have a debt contingent liabilities from guarantees and cash level above 35 per cent of GSDP, which is much transfer schemes pose risks to State finances higher than the 2018 FRBM Review Committee’s at the current juncture. The State government recommendation of 20 per cent. The Centre has finances beyond 2025-26 will be shaped by laid a roadmap for bringing down its debt-GDP multiple factors like recommendations of the ratio to 50 per cent by 2031. The highly leveraged FC-XVI, 8th Central Pay Commission awards, States may also frame a clear glide path for debt rationalisation of GST rates, and changes related consolidation as high level of debt comes in the to GST compensation cess, among others. Going way of investment and growth.

forward, several challenges that the States need

4.3 Second, the mounting debt levels of to address to attain a durable fiscal recovery are States put pressure on State budgets through highlighted below. rising interest expenses. To meet higher interest

4.2 To start with, general government debt payments, governments often cut down other productive expenditures, affecting medium term across the world is likely to touch 100 per cent growth prospects. It is observed that the States with of global gross domestic product (GDP) by 2029, a debt-service ratio (interest payments to revenue the highest level since the aftermath of the second receipts) higher than 15 per cent, have capital world war (IMF, 2025). The general government expenditure of less than 2 per cent of GSDP as debt to GDP ratio which surged during the against the all-India average of 2.7 per cent. This pandemic, remains elevated across major calls for fiscal reforms in the concerned States economies driven by escalation of tariff barriers, with emphasis on improvement in expenditure slowing growth, likely higher defence spending, quality.

and the fiscal impact of geopolitical conflicts. As per IMF projections, India’s gross general government 4.4 Third, market borrowings of State debt to GDP ratio may hold steady in the range of governments have witnessed a significant 76 - 80 per cent over the next five years. Following expansion over the last two decades. Most the global trend, the consolidated debt-GDP ratio major States have budgeted a higher borrowing 55State Finances : A Study of Budgets of 2025-26 in 2025-26. During H1: 2025-26, States’ market 4.6 Fifth, Central Pay Commissions are set up borrowing has risen by 21.0 per cent year- every decade to evaluate and suggest modifications on year. Increased market borrowings by the to pay scales, allowances, and benefits for central State governments including elongated maturity government employees considering inflation and profile of borrowings have impacted the yield other economic factors. The Union Cabinet on structure in the government securities market October 28, 2025, approved the terms of reference and the borrowing space available for the central for the 8th Pay Commission, which will review government and the private corporate sector. In salaries, allowances and pension benefits for addition, the demand for long-term sovereign central government employees and pensioners.

debt among the largest investors viz., scheduled The Commission has 18 months (typical term) commercial banks, insurance companies and to submit its recommendations. Generally, pension funds has declined (RBI, 2025). Thus, State governments also revise pay structure of fiscally profligate States may review their market employees in line with the Central Pay Commission borrowings through fiscal consolidation, exploring though with some modifications and delay. The alternative financing options and better cash implementation of the 8th Pay Commission is management practices. likely to exert pressure on India’s public finances, from the financial year 2027-28 onwards.

4.5 Fourth, States’ social sector expenditure increased sharply in the post-Covid period, partially 4.7 Sixth, climate change presents a growing led by higher cash transfers. Several States have threat to India’s macro-financial outlook, with introduced measures in their 2025-26 budgets, significant implications at the subnational level.

leading to farm loan waivers, free electricity for India with its diverse geographic profile is highly agriculture and households, subsidised transport, susceptible to natural disasters. As per the 2025 allowances for unemployed youth, and direct Climate Risk Index, India ranks sixth among cash transfers to women. While social welfare the countries most affected by extreme weather programmes are essential in a country where events between 1993 and 20221. Nine Indian economic disparities remain stark, these welfare States - Bihar, Assam, Uttar Pradesh, Rajasthan, expenditures run the risk of crowding out critical Maharashtra, Tamil Nadu, Punjab, Gujarat, and investments in physical and social infrastructure. Kerala - rank among the top 50 regions that Thus, it is important to carry out impact assessment are globally most vulnerable to climate change- to evaluate the effectiveness of welfare schemes related damages2. States like Assam, Bihar and in achieving the intended outcomes. Cross-State Kerala are projected to experience the greatest studies on diverse models of delivery can provide escalation in damage from 1990 to 2050. In view valuable insights for policy design. Evidence- of this, the States should prioritise adoption of based evaluation of such models can help identify climate budgeting to align fiscal planning with best practices and guide the evolution of more climate action. With coherent policies and strategic efficient and equitable welfare systems across investments, Indian States can significantly States. advance their climate resilience goals, contributing 1 Published annually by Germanwatch, an independent environmental think tank.

2 Gross Domestic Climate Risk Report, 2024 released by Cross Dependency Initiative (XDI).

56The Way Forward positively toward achieving national and global with guidelines on classification across heads of climate commitments. accounts, will strengthen the credibility of fiscal data and enable a more accurate assessment

4.8 Seventh, there is a scope for improvement of the underlying fiscal risks. Additionally, the in data transparency and disclosure practices growing number of cash transfer schemes of States. The Comptroller and Auditor General necessitates the creation of a comprehensive of India’s (CAG) mandate for States to adopt a uniform accounting framework by 2027-28 is a database of Direct Benefit Transfers (DBT) at the timely and much-needed reform that will enhance State level. Introducing separate budget codes or the consistency, comparability, and transparency a standardised reporting format for DBT-related of State accounts. Building on this initiative, expenditure would enable systematic tracking of further improvements in the reporting of subsidies, fiscal outlays and facilitate inter-State comparison grants-in-aid, and off-budget borrowings, along of welfare initiatives.

57State Finances : A Study of Budgets of 2025-26 References Dougherty, S., de Biase, P., & Lorenzoni, L. (2022).

Funding the future: The impact of population Bacchiocchi, E., Borghi, E., & Missale, A. (2011). ageing on revenues across levels of government.

Public investment under fiscal constraints. Fiscal OECD Working Papers on Fiscal Federalism, Studies, 32(1), 11–42.

(39), 0_1-69.

Baldacci, E., & Lugaresi, S. (1997). Social Gu, J., Lisa, K., Jorge M., Monique N., and

expenditure and demographic evolution: a dynamic approach. Genus, 61-78. Michael H., (2024). “Promoting gender equality and tackling demographic challenges.” IMF Bloom, D. E., Canning, D., & Sevilla, J. (2003).

Gender Note 2024/002, International Monetary

The demographic dividend: A new perspective Fund, Washington, DC. Retrieved from: https:// on the economic consequences of population www.elibrary.imf.org/view/journals/067/2024/002/ change. RAND Corporation.

article-A001-en.xml Bloom, D. E., Canning, D., & Fink, G. (2010).

IMF (2013). Staff guidance note on public debt Implications of population ageing for economic growth. Oxford Review of Economic Policy, 26(4), sustainability analysis. International Monetary Fund.

583–612.

Bodnár, K., & Nerlich, C. (2022). The IMF (2021). Review of the Debt Sustainability macroeconomic and fiscal impact of population Framework for Market Access Countries. ageing (No. 296). ECB Occasional Paper. Washington, DC: International Monetary Fund.

Chakraborty, Pinaki & Gupta, Manish (2021). IMF (2025). World economic outlook: A critical Terms of Reference of the Fifteenth Finance juncture amid policy shifts. International Monetary

Commission: Use of 2011 Population and Fund.

Horizontal Inequality.

IMF (2025). “Fiscal monitor 2025: Global debt at Crowe, D., Haas, J., Millot, V., Rawdanowicz, risk.” International Monetary Fund. Ł., & Turban, S. (2022). Population ageing and Jain, N., & Goli, S. (2021). Demographic change

government revenue: Expected trends and and economic growth in India. Munich Personal policy considerations to boost revenue (OECD RePEc Archive, 109560.

Economics Department Working Papers No.

1737). Paris: OECD Publishing. Jain, N., & Goli, S. (2022). Potential demographic dividend for India, 2001 to 2061: a macro- Das, K., & Saha, U. (2013). Inter-state migration simulation projection using the spectrum model.

and regional disparities in India. Indian Journal of Labour Economics, 56(3), 407–426. SN Social Sciences, 2(9), 171.

Di Matteo, L. (2005). The macro determinants Jain, N., Goli, S., & Jana, A. (2025). Population of health expenditure in the United States and age structural transition, demographic dividend

Canada: assessing the impact of income, age and economic growth in India. Humanities and distribution and time. Health policy, 71(1), 23-42. Social Sciences Communications, 12(1), 1-13.

58References Kim, Y., Kim, M. C., & Im, S. (2014). Impact of NIPFP Working Paper No.417, August. National demographic change upon the sustainability of Institute of Public Finance and Policy. fiscal policy (BOK Working Paper No. 2014-20). Srivastava, R. (2011). Internal migration in India:

Bank of Korea. An Overview. National Workshop on Internal Migration and Human Development in India. Vol.

Lee, R., & Mason, A. (2006). What is the II: Workshop Papers. UNESCO–UNICEF. demographic dividend? Finance & Development, United Nations. (2019). World Population 43(3), 16–17.

Prospects 2019. United Nations Department of Mohan, R. (2023). Outstanding Liabilities Economic and Social Affairs.

of Indian States: Post-Fiscal Responsibility United Nations. (2023). World Population Ageing Legislation Period (Working Paper No. 512).

2023. United Nations Department of Economic

Thiruvananthapuram: Centre for Development and Social Affairs.

Studies.

United Nations. (2024). World Population MoHFW (2020). Report of the technical group Prospects 2024. United Nations Department of Economic and Social Affairs. on population projections. Ministry of Health and Family Welfare, Government of India. UNFPA (2019). State of World Population 2019.

Retrieved from https://mohfw.gov.in/sites/default/ United Nations Population Fund. United Nations. files/Population%20Projection%20Report%20 UNFPA (2022). State of World Population 2022.

2011-2036%20-%20upload_compressed_0.pdf. United Nations Population Fund. United Nations.

Websites:

RBI (2023). “State Finances: A Study of Budgets of 2023-24”. Reserve Bank of India, December 11, Comptroller and Auditor General of India: cag.gov.

2023. in Database on Indian Economy, RBI: dbie.rbi.org.in RBI (2025). “Financial Stability Report December 2025”. Reserve Bank of India, December 31, Finance Commission, India: fincomindia.nic.in

2025. Ministry of Statistics and Programme

Implementation: mospi.gov.in Singh, Yadawendra & Chakraborty, Lekha (2024).

Tax Transfers and Demographic Transition: Press Information Bureau: pib.gov.in Empirical Evidence for 16th Finance Commission, Union Budget: indiabudget.gov.in 59State Finances : A Study of Budgets of 2025-26 Explanatory Note on Data Sources and Methodology Data Sources State domestic product (GSDP) are at market

(current) prices and have been sourced from This Report is based on the receipts and the National Statistics Office (NSO). This is expenditure data presented in the budget doc- supplemented by information received from the uments of 31 State governments and union respective State governments and GSDP es- territories (UTs) with legislature. For accounts timates used in the budget documents of the data, this has also been supplemented with the State Governments. Wherever GSDP data are data taken from Finance Accounts of the States not available or not consistent with NSO’s data, published by Comptroller and Auditor General the data are estimated based on the previous

(CAG) of India, wherever required. Data from three years’ annual average growth rate or the 2017-18 onwards includes UTs with legislature. growth rate projected by States. GSDP data pri- The analysis conforms to the data presented in or to 2011-12 correspond to 2004-05 base and State budgets and the accounting classification data from 2011-12 onwards correspond to 2011- thereof. The detailed Appendices are based on 12 base, as published by NSO. GSDP data for the classification of receipts and expenditure current publication is sourced from the data re- of individual States/UTs into revenue and capi- leased by NSO in March 2025. GDP data for tal accounts. Some supplementary information the year 2025-26 (BE) is taken from the Union regarding outstanding guarantees (contingent Budget 2025-26.

liabilities), expenditure on ‘wages and salaries’ ‘subsidies’ and ‘operations and maintenance’ Jammu & Kashmir has not provided com- plete accounts data for 2023-24 in its budget for are obtained from State governments. Data on 2025-26. This has been the practice in the past outstanding guarantees from 2006-07 to 2016- also. Therefore, the RBI has been using audited 17 were obtained from Comptroller and Auditor accounts data released by CAG each year. For General of India (CAG).

2019-20, this data are available in 2 parts – Ac- Data on the outstanding State wise loans counts ( 1st April 2019 to 30th October 2019), under the National Small Savings Fund have and Accounts (31st October 2019 to 31st March been obtained from the CAG. The outstanding

2020). For comparability with other States/UTs, State-wise central loans have been sourced actuals for J&K is taken by combining these from Controller General of Accounts (CGA). Be- two-period data. Data from 2020-21 onwards sides, several items of data including the avail- pertain to UT of J&K and given on a full year ment of ways and means advances (WMA)/ basis.

overdraft (OD), market borrowings, investment Methodology of State governments in central government treasury bills and the data on the State govern- The analysis of the expenditure data is dis- ment securities (SGSs) have been taken from aggregated into development and non-devel- the Reserve Bank records. Data on gross do- opment expenditure. All expenditures relating mestic product (GDP) and the State wise gross to revenue account, capital outlay and loans 60Explanatory Note on Data Sources and Methodology and advances are categorised into social ser- of cash deficit/ surplus (difference between the vices, economic services, and general services. closing balance and opening balance), increase/ While social and economic services constitute decrease in cash balance investment account development expenditure, expenditure on gen- and the increase/ decrease in WMA/ ODs ex- eral services is treated as non-development tended by the Reserve Bank.

expenditure. Thus, development expenditure Methodology for Debt Statistics includes the development components of rev- The Reserve Bank, in the 2005- 06 edition enue expenditure, capital outlay and loans and of this Report, had compiled a data series on advances by State governments. Social sector outstanding liabilities of State governments expenditure includes expenditure on social ser- since 1990-91. In the 2006-07 Report, a revised vices, rural development, and food storage and series of outstanding liabilities was published by warehousing (given under revenue expenditure, including data on reserve funds, deposits and capital outlay and loans and advances by State advances and contingency funds of State gov- governments).

ernments. In the 2007-08 Report, a revised data The term ‘Aggregate Expenditure’ used in series on outstanding liabilities of State govern-

Chapter II is defined as summation of revenue ments was published from 2003-04 onwards expenditure, capital outlay and loans and ad- based on the Combined Finance and Revenue vances. The term ‘Aggregate Disbursement’ Accounts of union and State governments, Re- used in Appendix Tables and Statements is serve Bank of India records, data received from summation of aggregate expenditure and debt the Ministry of Finance (Government of India), repayments. The capital receipts provided in Union Finance Accounts (CGA) and the budget Appendix Tables (consolidated) and Statements documents of State governments. The present (State-wise) and used in the analysis include Report follows the same methodology for compi- public account items on a net basis while these lation of outstanding liabilities as given in 2007- are excluded from the respective capital expen- 08 Report and uses the same data sources.

diture. Percentage variation worked out in Ap- pendix Tables and Statements may differ due to The outstanding liabilities of the State gov- rounding-off of figures. ernments as at end-March 2024 have been di- rectly taken from CAG of India’s ‘Combined Fi- The data provided in Appendix III (capital nance and Revenue Accounts of the Union and receipts) and Appendix IV (capital expenditure) State Governments in India’ (except for column are on a gross basis for all items, including public nos. 2 to 4 and 15 in Statement 18).

account items. Additionally, total capital receipts taking public account items on a net basis are The outstanding liabilities position for end- also given in Appendix III to have comparable March 2025 and end-March 2026 have been data with those of the previous years. Total cap- derived by adding annual flows [2024-25 (RE) ital expenditure given in Appendix IV is exclu- and 2025-26 (BE)] to the outstanding amounts sive of public account items. The ‘overall deficit/ for end-March 2024 and end-March 2025. This surplus’ in the appendices is equal to the sum has been done in conformity with recommended 61State Finances : A Study of Budgets of 2025-26 methodology of ‘Report of the Working Group Finance, Government of India, in the Supple- on Compilation of State Government Liabilities’, mentary Demands for Grants for 2025-26 has

2005. Based on the State wise market loans authorised the Union Territory of Ladakh to repay (Statement 22), the maturity profile of outstand- the unapportioned liabilities to the Union Territo- ing State government securities is provided in ry of Jammu and Kashmir. In line with this, for Statements 23 and 24. These Statements also reference, the outstanding liabilities of Jammu incorporate the appropriation of liabilities of the and Kashmir including the unapportioned liabil- four bifurcated States (Bihar, Madhya Pradesh, ities, as sourced from the Government of Jam- Uttar Pradesh and Andhra Pradesh) to their re- mu and Kashmir, are presented in a footnote for statements 18, 19 and 20 in this edition. The spective newly formed States (Jharkhand, Ch- data on liabilities are provisional and subject to hattisgarh, Uttarakhand and Telangana) on the reconciliation with the records of the Comptroller basis of Government of India notifications.

and Auditor General of India.

The data on liabilities of the Union Territory e-STATES Database of Jammu and Kashmir in this edition, as well as in earlier editions of this Report, pertain only to Subsequent to the release of this Report, apportioned liabilities. As indicated by the Gov- the e-STATES data base released by the Re- ernment of Jammu and Kashmir, the Ministry of serve Bank of India will stand-updated.

62Appendix Tables 2025-26 Appendix Tables 63Appendix Tables Appendix Table 1: Major Deficit Indicators of State Governments (₹ Crore) Year Gross Fiscal Revenue Primary Primary Revenue Net RBI Credit Deficit Deficit Deficit Deficit to States 1 2 3 4 5 6 2007-08 75,454.7 -42,942.7 -24,375.9 -1,42,773.4 1,140.0 (1.5) (-0.9) (-0.5) (-2.9) (0.0) 2008-09 1,34,589.3 -12,672.2 31,634.5 -1,15,627.0 -1,608.0 (2.4) (-0.2) (0.6) (-2.1) (-0.0) 2009-10 1,88,818.7 31,017.4 76,011.7 -81,789.6 186.0 (3.0) (0.5) (1.2) (-1.3) (0.0) 2010-11 1,61,461.1 -3,050.6 36,640.7 -1,27,870.9 2,515.0 (2.1) (-0.0) (0.5) (-1.7) (0.0) 2011-12 1,68,353.4 -23,960.5 31,536.0 -1,60,777.9 -1,195.5 (1.9) (-0.3) (0.4) (-1.8) (-0.0) 2012-13 1,95,470.3 -20,322.1 44,998.1 -1,70,794.3 -1,245.8 (2.0) (-0.2) (0.5) (-1.7) (-0.0) 2013-14 2,47,852.2 10,563.2 78,954.7 -1,58,334.3 986.1 (2.2) (0.1) (0.7) (-1.4) (0.0) 2014-15 3,27,190.8 45,704.4 1,36,775.5 -1,44,710.8 2,420.3 (2.6) (0.4) (1.1) (-1.2) (0.0) 2015-16 4,20,670.4 5,381.7 2,06,423.6 -2,08,865.2 -3,052.0 (3.1) (0.0) (1.5) (-1.5) (-0.0) 2016-17 5,34,331.8 40,491.2 2,83,028.5 -2,10,812.1 787.0 (3.5) (0.3) (1.8) (-1.4) (0.0) 2017-18 4,10,494.3 18,839.3 1,17,373.7 -2,74,281.2 458.0 (2.4) (0.1) (0.7) (-1.6) (0.0) 2018-19 4,62,769.8 17,769.2 1,43,535.2 -3,01,465.4 -200.0 (2.4) (0.1) (0.8) (-1.6) (-0.0) 2019-20 5,24,710.0 1,21,494.6 1,73,321.2 -2,29,894.2 973.0 (2.6) (0.6) (0.9) (-1.1) (0.0) 2020-21 8,04,574.3 3,71,222.1 4,17,546.1 -15,806.1 889.3 (4.1) (1.9) (2.1) (-0.1) (0.0) 2021-22 6,54,678.2 1,02,032.1 2,27,269.2 -3,25,377.0 -1,716.2 (2.8) (0.4) (1.0) (-1.4) (-0.0) 2022-23 7,21,631.9 61,542.2 2,62,884.3 -3,97,205.4 -874.9 (2.7) (0.2) (1.0) (-1.5) (-0.0) 2023-24 8,77,194.6 93,436.9 3,70,019.2 -4,13,738.5 5,808.3 (2.9) (0.3) (1.2) (-1.4) (0.0) 2024-25 (BE)$ 10,39,138.1 80,119.5 4,75,606.6 -4,83,412.1 - (3.1) (0.2) (1.4) (-1.5) - 2024-25 (RE) 11,61,160.6 1,90,220.6 5,99,615.9 -3,71,324.0 26,088.1 (3.5) (0.6) (1.8) (-1.1) (0.1) 2025-26 (BE) 11,75,074.7 81,573.9 5,50,337.1 -5,43,163.7 - (3.3) (0.2) (1.5) (-1.5) - RE: Revised Estimates. BE: Budget Estimates. $: Based on latest GDP.

Notes: 1. Negative (-) sign indicates surplus in deficit indicators.

2. Revenue deficit is the difference between revenue expenditure and revenue receipts.

3. Gross fiscal deficit is aggregate expenditure (aggregate disbursement net of debt repayments) minus revenue receipts, non-debt capital receipts.

4. Primary deficit is gross fiscal deficit less of interest payments.

5. Primary revenue deficit is revenue deficit less of interest payments.

6. Figures in parentheses are as per cent of GDP.

7. The net RBI credit to State Governments refers to annual variations in loans and advances given to them by the RBI net of their incremental deposits with the RBI.

8. Data from 2017-18 onwards include Delhi and Puducherry also.

Sources : Budget documents of the State governments, accounts data from CAG in respect of Jammu & Kashmir and Reserve Bank Records.

65State Finances : A Study of Budgets of 2025-26 66 ertneC eht morf secruoseR fo refsnarT dna noituloveD :2 elbaT xidneppA )erorC ₹( 41-3102 31-2102 21-1102 11-0102 01-9002 90-8002 80-7002 metI 8 7 6 5 4 3 2 1

5.372,81,3

1.035,19,2

7.195,55,2

4.984,91,2

5.310,56,1

4.250,16,1

5.204,15,1 sexaT lartneC ni erahS ’setatS .I

0.259,50,2

8.186,88,1

5.614,68,1

7.694,36,1

3.279,05,1

4.329,92,1

8.126,80,1 )5 ot 1( ertneC eht morf stnarG .II

6.569,98

4.226,19

8.866,78

5.536,77

2.358,07

2.084,36

6.745,94 semehcS nalP etatS .1

1.524,3

0.666,2

2.347,2

6.685,3

4.454,6

9.656,2

6.372,2 semehcS nalP lartneC .2

3.400,54

7.574,54

8.121,34

1.928,23

4.288,52

2.988,52

8.078,12 semehcS derosnopS yllartneC .3

2.424

3.225

4.386

4.635

6.596

6.915

2.126 semehcS nalP laicepS/CEN .4

8.231,76

3.593,84

3.991,25

1.909,84

8.680,74

6.773,73

7.803,43 )c ot a( stnarG nalP-noN .5

6.681,44

9.013,13

8.384,33

4.266,72

8.499,42

3.874,02

7.197,91 stnarG yrotutatS )a

0.951,6

4.955,5

9.312,3

1.812,5

7.594,3

2.419,2

2.936,2 seitimalaC larutaN rof stnarG )b

2.787,61

0.525,11

6.105,51

6.820,61

2.695,81

1.589,31

8.778,11 stnarG yrotutatS-noN nalP-noN )c

4.078,01

5.402,11

1.209,9

9.774,9

9.601,8

7.400,7

5.152,7 )ii+i( ertneC eht morf snaoL ssorG .III

0.838,01

8.891,11

5.128,9

8.994,01

0.212,8

7.799,6

9.432,7 snaoL nalP )i

4.23

7.5

6.08

0.220,1-

1.501-

0.7

6.61 *snaoL nalP-noN )ii

9.590,53,5

3.614,19,4

3.019,15,4

9.364,29,3

7.290,42,3

5.089,79,2

9.572,76,2 )III+II+I( refsnarT ssorG .VI

2.031,91

3.832,91

9.563,91

9.756,81

3.180,12

3.658,81

7.679,91 stnemyaP tseretnI dna snaoL fo tnemyapeR .V )b+a( seitilibaiL

0.962,01

0.474,9

2.227,9

5.667,8

5.608,9

0.667,7

7.481,8 ertneC eht ot snaoL fo tnemyapeR )a

1.168,8

2.467,9

7.346,9

4.198,9

8.472,11

2.090,11

9.197,11 ertneC eht morf snaoL eht no stnemyaP tseretnI )b

8.569,51,5

0.871,27,4

4.445,23,4

1.608,37,3

4.110,30,3

2.421,97,2

2.992,74,2 )V-VI( ertneC eht morf secruoseR fo refsnarT teN .IVAppendix Tables 67 ).dtnoC( ertneC eht morf secruoseR fo refsnarT dna noituloveD :2 elbaT xidneppA )erorC ₹( 02-9102 91-8102 81-7102 71-6102 61-5102 51-4102 metI 41 31 21 11 01 9 1

7.686,05,6

2.498,64,7

0.681,50,6

4.168,70,6

3.191,60,5

3.538,73,3 sexaT lartneC ni erahS ’setatS .I

5.765,43,5

7.868,93,4

9.759,50,4

3.190,65,3

6.598,52,3

7.408,03,3 )5 ot 1( ertneC eht morf stnarG .II

4.628,5

9.126,52

3.086,03

0.021,46,1

9.299,14,1

6.560,20,2 semehcS nalP etatS .1

2.242,1

5.863,1

0.660,1

2.759,5

2.751,41

0.662,6 semehcS nalP lartneC .2

9.150,73,2

1.816,81,2

7.923,81,2

5.332,05

2.535,55

2.276,05 semehcS derosnopS yllartneC .3

9.27

0.09

5.212

8.335,3

6.735

2.453 semehcS nalP laicepS/CEN .4

0.473,09,2

3.071,49,1

4.966,55,1

7.642,23,1

7.276,31,1

8.644,17 )c ot a( stnarG nalP-noN .5

8.425,71,1

1.515,38

8.380,18

6.401,48

6.893,26

5.369,34 stnarG yrotutatS )a

9.696,7

1.810,4

6.987,7

9.550,11

5.709,21

0.657,5 seitimalaC larutaN rof stnarG )b

3.251,56,1

1.736,60,1

9.597,66

3.680,73

5.663,83

2.727,12 stnarG yrotutatS-noN nalP-noN )c

0.844,92

0.227,62

7.905,91

1.757,71

2.415,21

6.088,11 )ii+i( ertneC eht morf snaoL ssorG .III

1.232,81

6.558,81

6.937,31

2.706,71

7.315,21

0.623,11 snaoL nalP )i

0.612,11

4.668,7

1.077,5

9.941

5.0

6.455 *snaoL nalP-noN )ii

2.207,41,21

9.484,31,21

7.356,03,01

8.907,18,9

1.106,44,8

6.025,08,6 )III+II+I( refsnarT ssorG .VI stnemyaP tseretnI dna snaoL fo tnemyapeR .V

5.548,82

7.355,82

9.911,52

9.529,91

1.386,91

5.102,91 )b+a( seitilibaiL

2.905,81

4.811,81

7.578,41

3.825,21

2.574,11

8.719,01 ertneC eht ot snaoL fo tnemyapeR )a

3.633,01

3.534,01

1.442,01

6.793,7

9.702,8

7.382,8 ertneC eht morf snaoL eht no stnemyaP tseretnI )b

7.658,58,11

3.139,48,11

8.335,50,01

9.387,16,9

0.819,42,8

1.913,16,6 )V-VI( ertneC eht morf secruoseR fo refsnarT teN .IVState Finances : A Study of Budgets of 2025-26 68 ).dlcnoC( ertneC eht morf secruoseR fo refsnarT dna noituloveD :2 elbaT xidneppA )erorC ₹( 62-5202 52-4202 42-3202 42-3202 32-2202 22-1202 12-0202 metI tegduB( desiveR( tegduB( )stnuoccA( )setamitsE )setamitsE )setamitsE 12 02 91 81 71 61 51 1

9.811,22,41

3.435,88,21

9.788,32,21

5.167,92,11

6.189,84,9

8.990,38,8

9.622,59,5 sexaT lartneC ni erahS ’setatS .I

7.304,32,7

0.401,88,6

7.453,02,7

0.139,72,5

9.654,16,6

9.726,22,6

9.048,34,6 )7 ot 1( ertneC eht morf stnarG .II

0.007

0.554

0.556

7.61-

4.163-

7.941

2.265,1 semehcS nalP etatS .1

9.48

8.18

4.861

7.201

9.46

5.63

0.04 semehcS nalP lartneC .2

0.012,89,4

4.489,94,4

0.811,08,4

8.115,67,2

3.111,18,2

7.541,85,2

7.566,05,2 semehcS derosnopS yllartneC .3 - - - -

9.2-

6.981

1.761 semehcS nalP laicepS/CEN .4

2.695,14,1

2.888,45,1

2.525,15,1

2.719,34,1

6.160,67,1

1.676,01,2

4.135,28,1 )v ot i( stnarG noissimmoC ecnaniF .5

3.148,41

0.273,52

2.997,52

7.901,84

1.041,28

9.283,90,1

5.155,47 stnarG ticfieD euneveR noituloveD tsoP )i(

3.488,45

6.160,06

5.062,65

3.862,44

4.675,54

5.328,24

0.165,95 seidoB lacoL laruR rof stnarG )ii(

1.437,82

8.506,03

1.488,82

5.755,12

1.229,81

2.358,71

6.412,62 seidoB lacoL nabrU rof stnarG )iii(

7.263,42

1.624,32

5.808,32

1.731,02

7.550,81

0.622,81

9.020,91 dnuF esnopseR retsasiD etatS rof dia ni tnarG )vi(

8.377,81

7.224,51

9.277,61

5.448,9

2.763,11

5.093,22

5.381,3 )stnarG rotceS htlaeH gnidulcni( srehtO )v(

0.102,2

6.603,3

7.602,3

1.506

0.729

4.995

2.446 noitutitsnoC eht fo )1(572 elcitrA ot osivorp rednu stnarG .6

5.116,08

1.883,97

5.186,48

0.118,60,1

3.656,30,2

9.038,25,1

3.032,80,2 stnarG rehtO .7

6.141,86,1

7.605,84,1

3.460,84,1

8.276,21,1

8.276,21,1

8.434,99,1

5.381,55,1 ertneC eht morf snaoL ssorG .III

1.466,31,32

0.541,52,12

8.603,29,02

3.563,07,71

2.111,32,71

4.261,50,71

3.152,49,31 )III+II+I( refsnarT ssorG .VI

9.158,24

3.344,44

5.275,93

2.086,43

2.086,43

6.851,03

1.618,82 )b+a( seitilibaiL stnemyaP tseretnI dna snaoL fo tnemyapeR .V

1.447,82

4.090,13

9.484,92

2.918,42

2.918,42

8.075,12

4.506,91 ertneC eht ot snaoL fo tnemyapeR )a

8.701,41

9.253,31

7.780,01

0.168,9

0.168,9

8.785,8

7.012,9 ertneC eht morf snaoL eht no stnemyaP tseretnI )b

3.218,07,22

7.107,08,02

3.437,25,02

0.586,53,71

0.134,88,61

9.300,57,61

2.534,56,31 )V-VI( ertneC eht morf secruoseR fo refsnarT teN .IV .licnuoC nretsaE htroN :CEN .ertneC eht morf secnavdA snaeM dna syaW edulcnI :* .osla yrrehcuduP dna ihleD edulcni sdrawno 81-7102 morf ataD :etoN .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :ecruoSAppendix Tables Appendix Table 3: Development and Non-Development Expenditure: Aggregate (₹ Crore) Year Development* Non-Development* Others** Total 1 2 3 4 5 2007-08 4,64,462.0 2,33,232.8 54,629.6 7,52,324.4 (61.7) (31.0) (7.3) (100.0) 2008-09 5,67,086.2 2,54,981.4 60,265.2 8,82,332.8 (64.3) (28.9) (6.8) (100.0) 2009-10 6,37,731.1 3,07,547.0 70,051.7 10,15,329.8 (62.8) (30.3) (6.9) (100.0) 2010-11 7,20,354.7 3,57,287.4 81,087.6 11,58,729.7 (62.2) (30.8) (7.0) (100.0) 2011-12 8,52,405.6 4,01,059.4 98,147.3 13,51,612.3 (63.1) (29.7) (7.3) (100.0) 2012-13 9,72,256.5 4,46,878.9 1,15,119.4 15,34,254.8 (63.4) (29.1) (7.5) (100.0) 2013-14 10,76,452.2 5,04,548.4 1,25,144.0 17,06,144.5 (63.1) (29.6) (7.3) (100.0) 2014-15 13,25,989.2 5,66,467.4 1,33,326.0 20,25,782.5 (65.5) (28.0) (6.6) (100.0) 2015-16 15,84,006.2 6,29,349.3 1,46,873.2 23,60,228.7 (67.1) (26.7) (6.2) (100.0) 2016-17 18,31,163.8 7,10,365.1 1,66,686.4 27,08,215.3 (67.6) (26.2) (6.2) (100.0) 2017-18 18,77,392.3 8,25,774.0 2,21,432.9 29,24,599.2 (64.2) (28.2) (7.6) (100.0) 2018-19 21,00,801.6 9,44,483.7 2,92,428.1 33,37,713.3 (62.9) (28.3) (8.8) (100.0) 2019-20 21,63,340.6 10,05,162.7 3,26,499.3 34,95,002.6 (61.9) (28.8) (9.3) (100.0) 2020-21 22,64,470.7 10,63,162.2 3,69,859.4 36,97,492.3 (61.2) (28.8) (10.0) (100.0) 2021-22 25,98,949.5 12,04,170.2 4,26,810.5 42,29,930.2 (61.4) (28.5) (10.1) (100.0) 2022-23 29,46,921.6 13,30,514.0 5,15,579.3 47,93,015.0 (61.5) (27.8) (10.8) (100.0) 2023-24 32,69,418.7 14,41,816.5 5,97,125.9 53,08,361.1 (61.6) (27.2) (11.2) (100.0) 2024-25 (BE) 39,31,211.9 16,88,857.8 6,64,229.1 62,84,298.7 (62.6) (26.9) (10.6) (100.0) 2024-25 (RE) 39,94,549.3 16,37,318.8 6,55,195.5 62,87,063.5 (63.5) (26.0) (10.4) (100.0) 2025-26 (BE) 43,48,046.2 18,53,519.0 7,24,261.2 69,25,826.4 (62.8) (26.8) (10.5) (100.0)

RE : Revised Estimates. BE : Budget Estimates. * : Includes expenditure on revenue and capital account and loans and advances extended by State Governments and UTs . ** : Includes Grants-in-Aid and Contributions (Compensation and Assignments to Local Bodies), Discharge of Internal Debt and Repayment of Loans to the Centre.

Notes : 1. Figures in parentheses are per cent of total.

2. Data from 2017-18 onwards include Delhi and Puducherry also.

Source : Budget documents of the State governments. Details in methodology.

69State Finances : A Study of Budgets of 2025-26 Appendix Table 4: Development Expenditure - Major Heads (₹ Crore) Item 2022-23 2023-24 2024-25 2024-25 2025-26 (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5 6 I. Development Expenditure (Revenue and Capital) (A + B) 28,77,101.2 32,12,488.7 38,48,040.9 39,10,787.3 42,65,534.2 A. Social Services (1 to 11) 16,62,064.1 18,10,558.3 22,52,868.9 22,95,220.8 25,30,551.6 (56.4) (55.4) (57.3) (57.5) (58.2)

1. Education, Sports, Art and Culture 6,70,707.0 7,17,030.5 8,48,349.4 8,40,072.2 9,08,331.7

2. Medical and Public Health and Family Welfare 2,59,251.5 2,80,974.7 3,51,184.3 3,59,917.7 3,91,910.9

3. Water Supply and Sanitation 88,998.2 1,29,381.4 1,41,500.5 1,38,906.3 1,73,709.2

4. Housing 76,175.2 48,321.6 74,680.0 66,675.4 1,03,782.1

5. Welfare of Scheduled Caste, Scheduled Tribes and Other Backward Classes 1,12,764.1 1,28,161.2 1,78,080.8 1,69,017.5 2,02,564.5

6. Labour and Labour welfare 14,221.4 16,078.2 22,398.0 21,442.3 25,500.4

7. Social Security and Welfare 2,09,582.8 2,46,140.1 3,46,207.8 3,84,947.9 4,17,166.2

8. Nutrition 37,688.3 33,176.0 40,251.1 49,731.7 43,194.7

9. Relief on account of Natural Calamities 33,324.0 38,436.3 44,483.4 51,679.7 44,227.0

10. Urban development 1,45,868.4 1,57,332.6 1,86,336.9 1,93,940.1 1,99,901.4

11. Others* 13,483.3 15,525.8 19,396.7 18,890.1 20,263.5 B. Economic Services (1 to 9) 12,15,037.1 14,01,930.4 15,95,172.0 16,15,566.5 17,34,982.6 (41.2) (42.9) (40.6) (40.4) (39.9)

1. Agriculture and Allied Activities 2,44,965.5 2,92,310.4 3,57,694.0 3,46,414.1 3,56,535.4

2. Rural Development 2,03,986.2 2,23,093.9 2,90,798.9 2,71,848.1 3,03,947.4

3. Special Area Programmes 8,770.1 9,143.2 11,746.8 10,687.2 12,699.4

4. Irrigation and Flood Control 1,32,567.7 1,72,994.4 1,92,803.1 1,82,291.1 2,12,803.9

5. Energy 2,60,918.5 3,02,112.3 2,84,430.8 3,31,735.0 3,33,103.8

6. Industry and Minerals 51,050.1 58,508.8 73,061.0 73,040.4 80,087.2

7. Transport and Communications 2,44,280.2 2,74,211.6 3,01,047.4 3,16,835.3 3,31,138.8

8. Science, Technology and Environment 3,980.2 3,902.0 6,115.9 4,794.5 5,770.6

9. General Economic Services 64,518.7 65,653.9 77,474.1 77,920.7 98,896.0 II. Loans and Advances by State Governments for Development Purposes (A+B) 69,820.4 56,930.0 83,171.0 83,762.0 82,512.0 A. Social Services (1 to 7) 27,041.9 26,168.9 42,506.7 40,364.8 39,825.6 (0.9) (0.8) (1.1) (1.0) (0.9)

1. Education, Sports, Art and Culture 2,107.6 2,854.9 1,882.6 2,625.5 2,151.0

2. Medical and Public Health 497.0 1,609.4 1,577.4 1,512.2 1,237.2

3. Family Welfare - - - - -

4. Water Supply and Sanitation 5,801.9 3,929.9 9,005.5 7,263.1 8,610.7 5 Housing 2,005.8 1,537.7 1,588.2 1,664.4 2,143.5

6. Government Servants (Housing) 1,488.7 1,507.1 1,948.1 2,038.0 2,202.4

7. Others @ 15,141.0 14,729.8 26,504.8 25,261.5 23,480.8 B. Economic Services (1 to 10) 42,778.5 30,761.1 40,664.3 43,397.2 42,686.4 (1.5) (0.9) (1.0) (1.1) (1.0)

1. Crop Husbandry 1,806.3 955.1 655.6 586.6 605.9

2. Soil and Water Conservation - - - - -

3. Food Storage and Warehousing 1,208.3 444.1 495.7 349.1 706.9

4. Co-operation 976.4 1,000.4 376.4 4,175.0 161.5

5. Major and Medium Irrigation, etc. 10,768.0 2,215.2 9,877.0 9,877.0 9,877.0

6. Power Projects 8,437.1 8,492.2 10,989.7 10,398.5 10,351.4

7. Village and Small Industries 826.5 584.8 538.4 519.8 490.0

8. Other Industries and Minerals 758.9 563.2 918.8 778.4 1,114.0

9. Rural Development 2.7 9.4 7.0 6.0 8.0

10. Others+ 17,994.2 16,496.8 16,805.7 16,706.8 19,371.7 III. Total Development Expenditure (I + II) 29,46,921.6 32,69,418.7 39,31,211.9 39,94,549.3 43,48,046.2 (100.0) (100.0) (100.0) (100.0) (100.0) ‘-’ : Nil/Negligible.

* : Include expenditure on information and publicity. @ : Include urban development, social security and welfare, etc. + : Include forest, fisheries, animal husbandry, road and water transport services, etc.

Note : Figures in parentheses are per cent of total development expenditure.

Source : Budget documents of the State governments. Details in methodology.

70Appendix Tables Appendix Table 5: Non-Development Expenditure - Major Heads (₹ Crore) Item 2022-23 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5 6 I. Non-Development Expenditure (General Services) on Revenue Account (i to vi) 12,96,064.3 13,95,850.0 16,21,984.6 15,74,348.0 17,74,299.7 i. Organs of State 35,213.3 46,749.7 63,762.2 66,855.2 58,858.8 ii. Fiscal Services 37,101.3 40,535.1 50,433.6 52,110.2 55,300.9 iii. Interest Payments and Servicing of Debt (1+2) 4,76,885.2 5,24,639.2 5,83,132.3 5,82,025.1 6,56,819.4

1. Appropriation for reduction or avoidance of Debt 18,137.5 17,463.8 19,600.7 20,480.5 32,081.8

2. Interest Payments 4,58,747.6 5,07,175.4 5,63,531.6 5,61,544.6 6,24,737.6 iv. Administrative Services (1 to 5) 2,54,595.2 2,72,523.9 3,31,546.4 3,13,616.3 3,57,237.8

1. Secretariat- General Services 12,091.4 12,699.2 16,939.2 15,391.6 17,588.8

2. District Administration 23,817.8 25,087.8 31,854.5 29,460.8 34,749.3

3. Police 1,73,984.6 1,87,826.7 2,18,692.4 2,09,105.6 2,32,847.6

4. Public Works 13,917.3 13,849.2 21,368.7 19,454.2 21,672.1

5. Others * 30,784.1 33,061.1 42,691.6 40,204.2 50,379.9 v. Pension 4,64,532.6 4,90,983.2 5,65,632.6 5,37,968.0 6,14,925.2 vi. Miscellaneous General Services 27,736.7 20,418.8 27,477.5 21,773.2 31,157.7 II. Non-Development Expenditure on 34,449.7 45,966.5 66,873.2 62,970.8 79,219.3 Capital Account (1+2)

1. Non-Developmental (General Services) 32,301.8 43,134.4 64,064.8 58,659.0 74,689.3

2. Loans for Non-Development Purposes (a+b) 2,147.9 2,832.1 2,808.4 4,311.8 4,530.0 a) Government Servants (other than housing) 1,028.5 1,557.6 1,752.1 1,669.6 1,762.3 b) Miscellaneous 1,119.3 1,274.5 1,056.3 2,642.2 2,767.7 III. Total Non-Development Expenditure (I + II) 13,30,514.0 14,41,816.5 16,88,857.8 16,37,318.8 18,53,519.0 IV. III as per cent of Aggregate Receipts 27.9 26.9 27.1 26.6 27.1 V. III as per cent of Aggregate Disbursements 27.8 27.2 26.9 26.0 26.8 * Include expenditure on Public Service Commission, Treasury and Administration, Jails, etc.

Source : Budget documents of the State governments. Details in methodology.

71State Finances : A Study of Budgets of 2025-26 Appendix Table 6: Development and Non-Development Expenditure* (₹ Crore) Item 2022-23 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5 6 Aggregate Disbursements (1 to 3) 47,93,015.0 53,08,361.1 62,84,298.7 62,87,063.5 69,25,826.4

1. Development Expenditure (a + b) 29,46,921.6 32,69,418.7 39,31,211.9 39,94,549.3 43,48,046.2 a) Direct Development Expenditure (i + ii) 28,77,101.2 32,12,488.7 38,48,040.9 39,10,787.3 42,65,534.2 i) Economic Services 12,15,037.1 14,01,930.4 15,95,172.0 16,15,566.5 17,34,982.6 ii) Social Services 16,62,064.1 18,10,558.3 22,52,868.9 22,95,220.8 25,30,551.6 b) Loans and Advances for Development Purposes (i + ii) 69,820.4 56,930.0 83,171.0 83,762.0 82,512.0 i) Economic Services 42,778.5 30,761.1 40,664.3 43,397.2 42,686.4 ii) Social Services 27,041.9 26,168.9 42,506.7 40,364.8 39,825.6

2. Non-Development Expenditure (a + b) 13,30,514.0 14,41,816.5 16,88,857.8 16,37,318.8 18,53,519.0 a) Direct Non-Development Expenditure 13,28,366.2 14,38,984.4 16,86,049.3 16,33,007.0 18,48,989.0 b) Loans and Advances for Non-Development Purposes 2,147.9 2,832.1 2,808.4 4,311.8 4,530.0

3. Others (a to c) 5,15,579.3 5,97,125.9 6,64,229.1 6,55,195.5 7,24,261.2 a) Repayment of Loans to the Centre 24,819.2 27,483.2 28,744.1 29,175.4 28,777.8 b) Discharge of Internal Debt 3,81,745.4 4,50,132.9 4,98,004.1 4,88,861.7 5,42,742.4

of which: Market Loans 2,15,571.5 2,65,987.5 2,96,226.9 2,96,127.5 3,48,388.8 c) Grants-in-Aid and Contributions 1,09,014.8 1,19,509.8 1,37,480.9 1,37,158.3 1,52,741.0

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 1,09,014.8 1,19,509.8 1,37,480.9 1,37,169.0 1,52,741.0 * : Include expenditure on both Revenue and Capital Account.

Source : Budget documents of the State governments.Details in methodology.

72Appendix Tables 73 *erutidnepxE rotceS laicoS fo noitisopmoC :7 elbaT xidneppA )erorC ₹( 71-6102 61-5102 51-4102 41-3102 31-2102 21-1102 11-0102 01-9002 90-8002 80-7002 metI 11 01 9 8 7 6 5 4 3 2 1

7.260,37,9

9.154,16,8

3.020,04,7

8.392,01,6

1.676,63,5

0.258,76,4

0.029,20,4

1.278,84,3

1.031,58,2

4.221,82,2 )ii + i( erutidnepxE euneveR .1

9.244,53,8

3.801,04,7

0.141,33,6

8.021,05,5

2.363,58,4

6.346,52,4

2.117,56,3

0.055,80,3

5.862,55,2

7.567,30,2 )l ot a( secivreS laicoS )i(

0.629,68,3

1.494,94,3

7.524,51,3

9.435,37,2

5.104,54,2

6.660,61,2

3.716,78,1

3.076,15,1

3.672,12,1

3.577,00,1 erutluC dna trA ,stropS ,noitacudE )a(

5.754,39

9.800,18

4.595,07

1.983,65

0.146,05

2.549,34

2.821,83

5.116,23

8.061,62

8.498,12 htlaeH cilbuP dna lacideM )b(

0.410,81

9.164,61

3.011,51

8.931,01

0.625,9

7.385,7

4.567,6

7.986,5

9.784,4

0.755,3 erafleW ylimaF )c(

0.071,53

9.671,72

6.575,02

4.456,41

5.824,21

3.407,21

9.505,11

6.715,01

3.182,01

1.418,9 noitatinaS dna ylppuS retaW )d(

6.967,91

9.121,51

2.015,21

6.707,8

9.046,8

0.676,6

9.724,6

4.937,5

8.588,5

6.610,4 gnisuoH )e(

5.702,16

2.300,34

3.804,43

6.035,13

5.443,82

8.938,22

5.356,12

4.447,22

7.177,12

1.912,41 tnempoleveD nabrU )f(

7.040,95

3.699,15

5.684,24

1.196,24

8.630,83

4.998,03

8.403,52

3.639,02

5.640,81

1.036,41 sCBO dna sTS ,sCS fo erafleW )g(

9.255,7

8.080,7

8.605,7

2.459,6

2.619,5

5.283,4

5.720,4

0.404,3

1.938,2

3.153,2 erafleW ruobaL dna ruobaL )h(

9.580,89

8.072,09

9.082,27

5.345,56

2.365,55

9.605,84

9.927,83

9.848,23

7.332,52

8.116,71 erafleW dna ytiruceS laicoS )i(

8.718,22

9.465,12

1.883,02

2.075,91

6.559,61

4.196,51

3.354,31

6.432,11

1.574,8

4.871,6 noitirtuN )j(

8.899,72

5.837,23

5.243,81

4.639,61

9.089,01

8.196,31

6.167,8

0.904,8

8.523,8

6.656,6 seitimalaC larutaN no erutidnepxE )k(

3.204,5

1.091,4

6.015,3

9.864,3

1.829,2

0.656,2

8.533,3

3.447,2

7.484,2

5.060,2 srehtO )l(

8.916,73,1

6.343,12,1

4.978,60,1

0.371,06

9.213,15

4.802,24

8.802,73

1.223,04

5.168,92

7.653,42 )b + a( secivreS cimonocE )ii(

3.842,62,1

0.179,70,1

5.222,59

5.377,84

4.073,44

4.222,73

3.495,23

7.036,53

3.055,62

3.302,22 tnempoleveD laruR )a(

5.173,11

6.273,31

9.656,11

4.993,11

5.249,6

0.689,4

5.416,4

5.196,4

2.113,3

4.351,2 gnisuoheraW dna egarotS dooF )b(

1.488,31,1

9.566,89

0.068,38

6.329,06

1.854,65

7.109,54

5.847,04

8.950,34

3.584,83

9.818,92 )ii + i( yaltuO latipaC .2

4.287,38

3.555,96

0.070,36

3.011,05

4.192,34

6.633,43

2.104,13

0.473,92

0.861,92

9.989,22 )i ot a( secivreS laicoS )i(

1.186,11

4.095,01

0.067,8

0.033,7

7.767,5

5.185,4

2.550,5

4.641,4

9.495,4

4.063,3 erutluC dna trA ,stropS ,noitacudE )a(

2.095,31

7.523,21

1.515,01

5.326,7

0.370,6

8.600,5

9.632,4

7.829,3

9.136,3

4.514,3 htlaeH cilbuP dna lacideM )b(

4.721

7.082

6.313

6.152

0.16

3.37

8.8

2.501

6.27

5.04 erafleW ylimaF )c(

9.057,22

6.657,81

0.047,81

4.285,31

5.054,11

7.529,8

5.018,8

2.851,01

8.033,11

9.343,9 noitatinaS dna ylppuS retaW )d(

7.230,01

7.356,6

8.115,7

8.520,5

6.163,4

3.561,3

6.040,3

9.840,1

3.902,1

2.900,1 gnisuoH )e(

2.024,21

1.295,9

6.111,7

9.615,7

2.660,9

2.593,7

9.691,5

8.891,6

9.941,4

3.754,2 tnempoleveD nabrU )f(

8.993,6

8.891,6

9.583,5

8.831,4

9.162,3

9.961,3

3.958,2

1.370,2

0.144,2

4.148,1 sCBO dna sTS ,sCS fo erafleW )g(

4.079,2

5.521,3

1.224,2

9.363,2

2.715,1

7.810,1

7.071,1

5.308

7.397

4.715 erafleW dna ytiruceS laicoS )h(

7.908,3

8.130,2

7.303,2

4.772,2

3.237,1

2.000,1

4.220,1

0.119

7.349

3.400,1 srehtO )i(

7.101,03

6.011,92

1.297,02

4.318,01

7.661,31

0.565,11

2.743,9

8.586,31

4.713,9

0.928,6 )b + a( secivreS cimonocE )ii(

7.898,32

6.552,62

8.563,81

0.800,01

8.359,9

9.179,9

7.342,9

1.520,7

5.138,5

4.827,5 tnempoleveD laruR )a(

0.302,6

0.558,2

3.624,2

3.508

8.212,3

1.395,1

6.301

6.066,6

9.584,3

6.001,1 gnisuoheraW dna egarotS dooF )b(

6.142,14

6.818,8

5.771,6

7.389,7

6.808,9

6.518,9

1.862,8

3.508,7

8.229,7

2.525,7 )ii + i( stnemnrevoG etatS yb secnavdA dna snaoL .3

2.246,9

3.486,8

3.619,5

2.966,6

2.905,7

6.572,7

4.592,7

7.828,5

4.493,6

8.971,6 )d ot a( secivreS laicoS )i(

8.74

8.521

4.52

5.23

4.24

1.67

4.76

8.8

9.31

6.81 noitacudE )a(

6.396

7.762,2

2.936

1.620,2

3.517,1

9.588,1

5.942,1

1.977

0.023,3

0.282,3 gnisuoH )b(

1.395,1

1.233,1

9.361,1

3.851,1

1.649

2.018

7.586

6.375

4.885

6.454 )stnavres tnemnrevoG( gnisuoH )c(

7.703,7

7.859,4

8.780,4

3.254,3

3.508,4

3.305,4

8.292,5

3.764,4

1.274,2

6.424,2 srehtO )d(

3.995,13

3.431

2.162

5.413,1

4.992,2

0.045,2

7.279

6.679,1

4.825,1

4.543,1 )b + a( secivreS cimonocE )ii(

7.3

0.4

2.4

1.6

3.5

6.5

6.3

3.3

2.4

9.2 tnempoleveD laruR )a(

6.595,13

3.031

9.652

4.803,1

1.492,2

4.435,2

1.969

2.379,1

2.425,1

5.243,1 gnisuoheraW dna egarotS dooF )b(

3.881,82,11

4.639,86,9

0.060,03,8

1.102,97,6

7.249,20,6

3.965,32,5

5.639,15,4

2.737,99,3

2.835,13,3

4.664,56,2 )3+2+1( erutidnepxE rotceS laicoS

latoTState Finances : A Study of Budgets of 2025-26 74 ).dlcnoC( *erutidnepxE rotceS laicoS fo noitisopmoC :7 elbaT xidneppA )erorC₹( 62-5202 52-4202 52-4202 42-3202 32-2202 22-1202 12-0202 02-9102 91-8102 81-7102 metI )EB( )ER( )EB( 12 02 91 81 71 61 51 41 31 21 1

9.693,84,42

0.578,35,22

7.327,22,22

9.126,78,71

8.473,07,61

3.154,10,51

2.371,15,31

2.944,76,21

2.932,68,11

8.246,85,01 )ii + i( erutidnepxE euneveR .1

9.670,26,12

5.191,39,91

3.755,45,91

9.629,87,51

9.073,48,41

2.425,32,31

2.683,76,11

2.582,50,11

7.141,23,01

7.843,31,9 )l ot a( secivreS laicoS )i(

9.097,35,8

7.176,69,7

0.010,30,8

3.381,18,6

9.322,64,6

4.157,96,5

9.824,21,5

7.093,61,5

5.169,76,4

0.897,42,4 erutluC dna trA ,stropS ,noitacudE )a(

0.885,38,2

3.035,66,2

5.437,95,2

9.085,01,2

9.333,09,1

3.406,29,1

8.553,65,1

1.506,63,1

9.575,52,1

6.391,21,1 htlaeH cilbuP dna lacideM )b(

6.072,94

8.945,34

1.851,54

1.152,63

3.442,73

8.601,23

2.291,13

8.973,62

8.904,32

4.825,02 erafleW ylimaF )c(

0.840,35

4.384,74

1.318,64

4.157,54

6.245,93

4.577,53

5.331,92

3.475,92

6.781,83

4.091,93 noitatinaS dna ylppuS retaW )d(

5.764,78

0.593,25

7.959,06

7.464,83

3.373,36

0.216,23

6.901,82

2.565,52

1.305,13

6.326,72 gnisuoH )e(

7.384,92,1

9.549,52,1

4.218,62,1

8.458,70,1

1.235,40,1

7.713,98

4.176,48

7.141,27

4.444,76

2.776,26 tnempoleveD nabrU )f(

8.314,07,1

5.144,74,1

6.121,35,1

5.103,61,1

2.621,20,1

1.049,79

3.449,87

8.254,68

8.712,17

7.657,76 sCBO dna sTS ,sCS fo erafleW )g(

4.005,52

3.244,12

0.893,22

2.870,61

4.122,41

8.694,51

7.283,11

9.688,01

0.580,11

7.272,9 erafleW ruobaL dna ruobaL )h(

5.492,90,4

2.046,77,3

8.795,93,3

5.920,34,2

8.290,60,2

8.479,86,1

1.090,24,1

8.179,82,1

2.868,43,1

5.858,30,1 erafleW dna ytiruceS laicoS )i(

7.491,34

7.137,94

1.152,04

0.671,33

3.886,73

3.494,92

1.567,62

3.600,72

3.246,42

2.505,32 noitirtuN )j(

0.722,44

7.976,15

4.384,44

3.634,83

0.423,33

3.793,15

8.531,06

3.090,93

7.728,92

9.589,51 seitimalaC larutaN no erutidnepxE )k(

8.797,21

2.086,21

6.712,21

1.918,11

4.866,9

4.350,8

8.671,6

4.022,6

2.814,6

6.859,5 srehtO )l(

0.023,68,2

5.386,06,2

4.661,86,2

0.596,80,2

8.300,68,1

1.729,77,1

0.787,38,1

0.461,26,1

6.790,45,1

1.492,54,1 )b + a( secivreS cimonocE )ii(

7.930,54,2

1.412,81,2

4.064,92,2

9.964,67,1

3.596,46,1

7.281,15,1

1.861,06,1

6.137,34,1

1.805,73,1

5.442,23,1 tnempoleveD laruR )a(

3.082,14

4.964,24

0.607,83

1.522,23

6.803,12

4.447,62

8.816,32

4.234,81

4.985,61

6.940,31 gnisuoheraW dna egarotS dooF )b(

1.630,23,4

2.063,06,3

1.889,46,3

0.899,58,2

1.420,42,2

5.078,39,1

2.370,04,1

9.080,72,1

1.732,53,1

8.621,52,1 )ii + i( yaltuO latipaC .2

7.474,86,3

3.920,20,3

6.113,89,2

4.136,13,2

2.396,77,1

8.944,45,1

9.255,11,1

5.729,88

9.790,10,1

0.918,29 )i ot a( secivreS laicoS )i(

8.045,45

5.004,34

4.933,54

2.748,53

1.384,42

5.143,91

0.863,61

1.745,21

9.658,31

0.531,31 erutluC dna trA ,stropS ,noitacudE )a(

1.686,55

6.056,64

6.255,34

8.410,23

5.502,03

1.053,52

6.980,71

5.882,31

9.688,51

0.472,31 htlaeH cilbuP dna lacideM )b(

3.663,3

1.781,3

2.937,2

9.721,2

8.764,1

0.618

3.085

5.107

5.405

6.683 erafleW ylimaF )c(

2.166,02,1

9.224,19

4.786,49

9.926,38

6.554,94

6.841,45

3.459,83

7.093,82

1.300,23

6.107,82 noitatinaS dna ylppuS retaW )d(

6.413,61

4.082,41

3.027,31

9.658,9

0.208,21

5.855,01

4.574,6

5.343,4

4.238,5

3.898,8 gnisuoH )e(

7.714,07

2.499,76

5.425,95

8.774,94

3.633,14

0.041,23

1.547,12

5.537,71

0.990,02

7.364,51 tnempoleveD nabrU )f(

7.051,23

0.675,12

2.959,42

7.958,11

9.736,01

1.211,7

6.251,6

0.531,7

8.840,8

8.042,8 sCBO dna sTS ,sCS fo erafleW )g(

7.178,7

7.703,7

0.016,6

6.011,3

0.094,3

9.361,2

3.179,1

5.763,2

1.863,2

3.444,2 erafleW dna ytiruceS laicoS )h(

7.564,7

9.902,6

2.971,7

7.607,3

9.418,3

0.918,2

4.612,2

1.814,2

2.894,2

6.472,2 srehtO )i(

5.165,36

9.033,85

5.676,66

6.663,45

9.033,64

7.024,93

3.025,82

3.351,83

2.931,43

8.703,23 )b + a( secivreS cimonocE )ii(

8.70985

0.43635

5.83316

0.42664

9.092,93

5.579,82

0.265,03

4.695,52

1.160,72

4.471,62 tnempoleveD laruR )a(

7.3564

9.6964

0.8335

5.2477

0.040,7

2.544,01

7.140,2-

9.655,21

2.870,7

4.331,6 gnisuoheraW dna egarotS dooF )b(

6.045,04

9.917,04

4.900,34

4.226,62

9.252,82

9.840,12

5.048,02

8.697,51

3.742,12

5.461,71 )ii + i( stnemnrevoG etatS yb secnavdA dna snaoL .3

6.528,93

8.463,04

7.605,24

9.861,62

9.140,72

0.138,91

5.989,91

5.451,51

6.431,02

1.064,61 )d ot a( secivreS laicoS )i(

0.151,2

5.526,2

6.288,1

9.458,2

6.701,2

8.587

3.166

9.597

8.167

3.973 noitacudE )a(

5.341,2

4.466,1

2.885,1

7.735,1

8.500,2

0.095,1

8.898

3.430,1

1.260,3

6.502,2 gnisuoH )b(

4.202,2

0.830,2

1.849,1

1.705,1

7.884,1

5.888

0.615

3.079

3.493,1

2.611,1 )stnavres tnemnrevoG( gnisuoH )c(

8.823,33

8.630,43

8.780,73

1.962,02

9.934,12

7.665,61

4.319,71

0.453,21

5.619,41

0.957,21 srehtO )d(

9.417

1.553

7.205

5.354

1.112,1

8.712,1

0.158

3.246

6.211,1

5.407 )b + a( secivreS cimonocE )ii(

0.8

0.6

0.7

4.9

7.2

5.2

4.5

1.0

9.3

8.3 tnempoleveD laruR )a(

9.607

1.943

7.594

1.444

3.802,1

4.512,1

6.548

1.246

8.801,1

6.007 gnisuoheraW dna egarotS dooF )b(

6.379,02,92

1.559,45,62

1.127,03,62

3.242,00,12

8.156,22,91

7.073,61,71

0.780,21,51

9.623,01,41

6.327,24,31

1.439,00,21 )3 + 2 + 1( erutidnepxE rotceS laicoS latoT .setamitsE tegduB :EB .setamitsE desiveR :ER .stnemnrevoG etatS eht yb secnavda dna snaol dna yaltuo latipac ,erutidnepxe eunever rednu gnisuoheraw dna egarots doof dna tnempoleved larur ,secivres laicos no erutidnepxe

sedulcnI:* .osla yrrehcuduP dna ihleD edulcni sdrawno 81-7102 morf ataD :etoN .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :ecruoSAppendix Tables 75 ticfieD lacsiF ssorG fo noitisopmoceD :8 elbaT xidneppA )erorC ₹( DFG fo tnec reP DFG tbed-noN teN latipaC euneveR raeY )5-4+3+2( latipaC gnidneL yaltuO ticfieD latoT tbed-noN teN latipaC euneveR stpieceR )01-9+8+7( latipaC gnidneL yaltuO ticfieD stpieceR 11 01 9 8 7 6 5 4 3 2 1

0.001

0.0

1.6

1.68

8.7

5.480,09

7.8

9.025,5

5.955,77

8.210,7 60-5002

0.001

5.2

0.8

5.621

1.23-

6.705,77

7.509,1

3.702,6

2.360,89

2.758,42- 70-6002

0.001

2.9

6.8

5.751

9.65-

7.454,57

2.559,6

5.094,6

1.268,81,1

7.249,24- 80-7002

0.001

2.0

6.3

0.601

4.9-

3.985,43,1

6.562

4.998,4

7.726,24,1

2.276,21- 90-8002

0.001

4.0

0.5

0.97

4.61

7.818,88,1

4.218

2.993,9

6.412,94,1

4.710,13 01-9002

0.001

5.2

3.6

0.111

8.41-

0.192,31,1

6.989,1

5.305,6

4.562,71,1

4.884,8- ).gvA( 01-5002

0.001

8.0

6.8

1.49

9.1-

1.164,16,1

3.142,1

4.128,31

5.139,15,1

6.050,3- 11-0102

0.001

4.0

9.21

7.101

2.41-

4.353,86,1

1.566

8.337,12

1.542,17,1

5.069,32- 21-1102

0.001

1.0

6.11

8.89

4.01-

3.074,59,1

8.001

9.117,22

4.181,39,1

1.223,02- 31-2102

0.001

1.0

9.6

0.98

3.4

2.258,74,2

4.063

7.690,71

8.255,02,2

2.365,01 41-3102

0.001

4.0

3.3

1.38

0.41

8.091,72,3

8.541,1

4.227,01

7.909,17,2

4.407,54 51-4102

0.001

3.0

7.8

3.39

7.1-

5.560,02,2

7.207

2.712,71

1.467,10,2

9.687,1 ).gvA( 51-0102

0.001

3.0

7.91

3.97

3.1

4.076,02,4

2.431,1

2.930,38

7.383,33,3

7.183,5 61-5102

0.001

1.0

1.91

4.37

6.7

8.133,43,5

1.973

3.130,20,1

5.881,29,3

2.194,04 71-6102

0.001

0.0

4.0-

9.59

6.4

3.494,01,4

4.471

3.197,1-

7.026,39,3

3.938,81 81-7102

0.001

2.0

2.1

1.59

8.3

8.967,26,4

8.398

1.385,5

3.113,04,4

2.967,71 91-8102

0.001

1.0

8.2-

7.97

2.32

0.017,42,5

0.472

8.788,41-

2.773,81,4

6.494,12,1 02-9102

0.001

1.0

4.7

7.48

1.8

3.595,07,4

1.175

9.497,43

3.675,59,3

2.597,04 ).gvA( 02-5102

0.001

3.1

7.3

4.15

1.64

3.475,40,8

7.641,01

9.118,92

0.786,31,4

1.222,17,3 12-0202

0.001

3.0

4.3

3.18

6.51

2.876,45,6

4.377,1

4.221,22

2.792,23,5

1.230,20,1 22-1202

0.001

1.0

6.8

9.28

5.8

9.136,12,7

2.117

5.862,26

5.235,89,5

2.245,16 32-2202

0.001

0.0

2.4

2.58

7.01

6.491,77,8

4.532

3.786,63

8.503,74,7

9.634,39 42-3202

0.001

2.2

2.6

3.88

7.7

1.831,93,01

9.311,32

5.984,46

0.346,71,9

5.911,08 )EB( 52-4202

0.001

2.0

8.5

1.87

4.61

6.061,16,11

3.518,2

8.140,76

5.317,60,9

6.022,09,1 )ER( 52-4202

0.001

1.2

3.5

9.98

9.6

7.470,57,11

1.139,42

2.163,26

7.070,65,01

9.375,18 )EB( 62-5202 .setamitsE tegduB :EB .setamitsE desiveR :ER .liN/elbigilgeN : ’-‘ .egarevA :.gvA .srotacidni ticfied ni sulprus setacidni ngis )-( evitageN .1 :setoN .osla yrrehcuduP dna ihleD edulcni sdrawno 81-7102 morf ataD .2 .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :ecruoSState Finances : A Study of Budgets of 2025-26 76 ticfieD lacsiF ssorG fo gnicnaniF :9 elbaT xidneppA )erorC ₹( ssorG /)+( esaercnI lawardhtiW /)-( esaercnI llarevO srehtO secnattimeR esnepsuS stisopeD evreseR tnedivorP morf snaoL laicepS snaoL tekraM raeY lacsiF )-( esaerceD /)+( morf )+( esaerceD /)-(sulpruS dna dna sdnuF ,sdnuF ,CIL seitiruceS morf sgniworroB ticfieD DO/AMW ni ot noitiddA hsaC ni )+( ticfieD suoenallecsiM secnavdA .cte ,DRABAN ot deussi ertneC )DFG( IBR morf hsaC )-( ecnalaB )51+41+31( ,CDCN FSSN ecnalaB dna IBS tnemtsevnI sknaB rehtO tnuoccA 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1

5.480,09

7.210,1-

7.067,43-

7.628,1

7.649,33-

8.61-

5.15

0.119,7

3.262,7

5.822,5

3.364,01

3.550,4

4.518,37

0.44-

8.403,51 60-5002

6.705,77

1.861

1.572,12-

6.287,4

4.423,61-

9.294,5-

0.503-

9.476,4

0.697,21

2.436,7

7.963,01

6.639,3

2.320,65

4.788,8-

7.280,31 70-6002

7.454,57

5.34-

1.061,22-

3.397,8

3.014,31-

5.862,1-

7.352,1

4.837,3

0.185,31

8.229,5-

4.833,21

0.003,6

2.358,5

2.339-

8.429,35 80-7002

3.985,43,1

5.203-

3.854,42-

0.208,51

7.859,8-

0.469,1-

9.125,1-

9.997,8

4.495,4

9.145,7

8.046,51

8.796,5

0.974,1

3.167-

4.140,40,1 90-8002

7.818,88,1

5.96

6.142,7

5.583

6.696,7

8.655,4-

7.479,2

5.968,5

4.173,21

2.399,1-

4.041,32

0.012,8

6.751,42

6.996,1-

0.846,21,1 01-9002 192,31,1 422- 380,91- 813,6 989,21- 066,2- 194 991,6 121,01 894,2 193,41 046,5 662,23 564,2- 008,95 ).gvA( 01-5002

1.164,16,1

0.929

9.921,61-

6.553

1.548,41-

5.776,7-

1.298-

0.382

7.068,22

9.416,2

5.708,72

4.691,3

1.626,83

4.117

9.577,88 11-0102

4.353,86,1

9.767-

7.509,5-

9.036,9-

5.403,61-

7.717,5-

9.674-

1.091,1

4.786,71

9.671,21

9.056,62

6.536,5

4.460,8-

9.971

1.693,53,1 21-1102

3.074,59,1

9.364

7.745,72-

1.000,4

7.380,32-

0.607,4-

7.941

6.531,4

5.069,03

3.251,9

6.677,52

6.972,5

3.371-

4.037,1

7.842,64,1 31-2102

2.258,74,2

6.848

3.342,91

4.499,1-

5.790,81

6.330,1

2.834,1

8.733,01-

2.802,82

9.705,11

4.334,62

8.937,4

1.755,2

4.106

0.375,36,1 41-3102

8.091,72,3

2.080,3

0.423,11

1.313,3

3.717,71

2.176,9

4.641,3

0.971,4

0.944,92

7.525

0.510,72

3.280,4

5.000,42

8.269

4.144,60,2 51-4102

5.560,02,2

8.019

2.308,3-

3.197-

7.386,3-

3.974,1-

1.376

0.011-

2.338,52

5.591,7

7.637,62

8.685,4

2.983,11

2.738

0.780,84,1 ).gvA( 51-0102

4.076,02,4

8.263,3-

8.206,13-

4.943,4

2.616,03-

0.404,29

3.516-

2.301-

8.922,32

1.903

8.540,33

3.315,61

0.790,72

1.930,1

0.763,85,2 61-5102

8.133,43,5

6.150,3-

6.386-

1.338,9-

3.865,31-

4.890,80,1

0.628,2-

0.408,82-

0.526,24

0.637,02

9.315,93

3.146,34

3.589,13-

8.822,5

0.276,15,3 71-6102

3.494,01,4

6.399

7.916,31-

2.049,3-

3.665,61-

5.700,4-

2.677,1-

4.794,1

9.269,36

0.088,3

5.748,33

7.058,21

1.444,23-

0.436,4

8.516,44,3 81-7102

8.967,26,4

5.523-

1.569,91

9.329-

8.517,81

9.283,42-

5.523,3

3.564,71-

3.195,15

5.653,71

5.335,74

2.559,71

0.475,33-

6.306,8

6.011,37,3 91-8102

0.017,42,5

1.579

4.262,72,3-

4.269,1-

7.942,82,3-

9.206,01-

6.190,6-

4.564,61,3

5.922,34

0.362,72-

4.589,93

9.741,12

0.062,23-

8.839,01

2.014,79,4 02-9102

3.595,07,4

2.459-

7.046,07-

0.264,2-

9.650,47-

8.103,23

7.695,1-

1.813,45

7.729,44

7.300,3

2.587,83

7.124,22

3.336,02-

9.880,6

1.530,56,3 ).gvA( 02-5102

3.475,40,8

1.988

4.700,93-

2.105,1

1.716,63-

2.013

9.607,2

6.621,8-

9.685,22

0.729,7

3.049,04

8.043,7

2.771,13-

1.875,53,1

0.501,36,6 12-0202

2.876,45,6

2.617,1-

0.848,55-

3.968,2-

5.334,06-

3.860,32-

7.336-

0.233,31

1.336,3

5.059,01

3.780,73

7.595,21

9.027,52-

0.468,77,1

1.270,90,5 22-1202

9.136,12,7

8.478-

4.504,42

3.342,3

9.377,62

4.125,62-

5.186,6

8.431,31

4.127,55

2.053,51

1.919,42

4.680,11

1.481,63-

6.358,78

7.618,24,5 32-2202

6.491,77,8

2.704,3

5.612,25-

6.131,01-

0.149,85-

3.128,71-

8.442,1

6.594,7

0.999,44

6.104,73

5.816,02

1.059,61

1.858,03-

5.430,51,1

8.070,14,7 42-3202

1.831,93,01

0.1-

9.712,72

3.928,51

1.640,34

2.596,71-

5.155,01

2.130,21

9.898,5

1.147,3

9.424,13

1.043,72

7.943,23-

5.793,93,1

6.157,51,8 )EB( 52-4202

6.061,16,11

1.932,1

8.715,82

9.370,29

8.038,12,1

6.981,61-

7.551,02

7.980,12

4.902,3

5.180,4-

6.689,91

9.337,22

1.624,13-

1.434,07,1

7.714,33,8 )ER( 52-4202

7.470,57,11

0.001-

1.572,64

0.845,15

1.327,79

6.067,81-

1.414,41

9.061,12

8.309,11-

9.427,31-

0.329,22

0.570,52

1.336,72-

9.663,96,1

2.434,69,8 )EB( 62-5202 .egarevA :.gvA .dnuF sgnivaS llamS lanoitaN : FSSN .setamitsE tegduB :EB .setamitsE desiveR :ER rehto snoitutitsnI laicnaniF morf snaoL dna sdnoB rehtO dna noitasnepmoC dnaL ,tnemeltteS etatS-retnI ,sdnuF ycnegnitnoC ot noitairporppa ,sdnuF ycnegnitnoC ,aila retni ,sedulcni dna meti laudiser a si ’srehtO‘ .1 :

setoN .elbaT eht ni denoitnem naht .tbeD lanretnI rednu FSSN eht ot deussi seitiruceS rednu nwohs si hcihw snoitcelloc gnivas llams ni erahs ’setatS sedulcxe ertneC eht morf snaoL ,0002-9991 morf erudecorp gnitnuocca eht ni egnahc eht ot euD .2 .erutidnepxe dna stpiecer rof gnitnuocca tnetsisnoc evah ot tbeD lanretnI fo egrahcsid rednu nwohs won si ertneC ot snaoL fo stnemyaper rednu dedulcni snoitcelloc gnivas llams fo stnemyaper ,ylgnidroccA .sisab ten a no era serugfi llA .3 .osla yrrehcuduP dna ihleD edulcni sdrawno 81-7102 morf ataD .4 .rimhsaK & ummaJ fo tcepser ni GAC ;stnemnrevog etatS eht fo stnemucod tegduB :

secruoSAppendix Tables 77 latoT fo tnec rep sA - ticfieD lacsiF ssorG fo gnicnaniF :01 elbaT xidneppA )tnec reP( ssorG /)+( esaercnI lawardhtiW /)-( esaercnI llarevO srehtO secnattimeR esnepsuS stisopeD evreseR tnedivorP morf snaoL laicepS snaoL tekraM raeY lacsiF )-( esaerceD /)+( morf )+( esaerceD /)-(sulpruS dna dna sdnuF ,sdnuF ,CIL seitiruceS morf sgniworroB ticfieD DO/AMW ni ot noitiddA hsaC ni )+( ticfieD suoenallecsiM secnavdA .cte ,DRABAN ot deussi ertneC )DFG( IBR morf hsaC )-( ecnalaB )51+41+31( ,CDCN FSSN ecnalaB dna IBS tnemtsevnI sknaB rehtO tnuoccA 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1

0.001

1.1-

6.83-

0.2

7.73-

0.0

1.0

8.8

1.8

8.5

6.11

5.4

9.18

0.0

0.71 60-5002

0.001

2.0

4.72-

2.6

1.12-

1.7-

4.0-

0.6

5.61

8.9

4.31

1.5

3.27

5.11-

9.61 70-6002

0.001

1.0-

4.92-

7.11

8.71-

7.1-

7.1

0.5

0.81

8.7-

4.61

3.8

8.7

2.1-

5.17 80-7002

0.001

2.0-

2.81-

7.11

7.6-

5.1-

1.1-

5.6

4.3

6.5

6.11

2.4

1.1

6.0-

3.77 90-8002

0.001

0.0

8.3

2.0

1.4

4.2-

6.1

1.3

6.6

1.1-

3.21

3.4

8.21

9.0-

7.95 01-9002

0.001

2.0-

9.12-

4.6

8.51-

5.2-

4.0

9.5

5.01

5.2

0.31

3.5

2.53

8.2-

5.84 ).gvA( 01-5002

0.001

6.0

0.01-

2.0

2.9-

8.4-

6.0-

2.0

2.41

6.1

2.71

0.2

9.32

4.0

0.55 11-0102

0.001

5.0-

5.3-

7.5-

7.9-

4.3-

3.0-

7.0

5.01

2.7

8.51

3.3

8.4-

1.0

4.08 21-1102

0.001

2.0

1.41-

0.2

8.11-

4.2-

1.0

1.2

8.51

7.4

2.31

7.2

1.0-

9.0

8.47 31-2102

0.001

3.0

8.7

8.0-

3.7

4.0

6.0

2.4-

4.11

6.4

7.01

9.1

0.1

2.0

0.66 41-3102

0.001

9.0

5.3

0.1

4.5

0.3

0.1

3.1

0.9

2.0

3.8

2.1

3.7

3.0

1.36 51-4102

0.001

3.0

3.3-

6.0-

6.3-

4.1-

2.0

0.0

2.21

7.3

0.31

2.2

5.5

4.0

9.76 ).gvA( 51-0102

0.001

8.0-

5.7-

0.1

3.7-

0.22

1.0-

0.0

5.5

1.0

9.7

9.3

4.6

2.0

4.16 61-5102

0.001

6.0-

1.0-

8.1-

5.2-

2.02

5.0-

4.5-

0.8

9.3

4.7

2.8

0.6-

0.1

8.56 71-6102

0.001

2.0

3.3-

0.1-

0.4-

0.1-

4.0-

4.0

6.51

9.0

2.8

1.3

9.7-

1.1

0.48 81-7102

0.001

1.0-

3.4

2.0-

0.4

3.5-

7.0

8.3-

1.11

8.3

3.01

9.3

3.7-

9.1

6.08 91-8102

0.001

2.0

4.26-

4.0-

6.26-

0.2-

2.1-

3.06

2.8

2.5-

6.7

0.4

1.6-

1.2

8.49 02-9102

0.001

2.0-

8.31-

5.0-

5.41-

8.6

3.0-

3.01

7.9

7.0

3.8

6.4

2.4-

3.1

3.77 ).gvA( 02-5102

0.001

1.0

8.4-

2.0

6.4-

0.0

3.0

0.1-

8.2

0.1

1.5

9.0

9.3-

9.61

4.28 12-0202

0.001

3.0-

5.8-

4.0-

2.9-

5.3-

1.0-

0.2

6.0

7.1

7.5

9.1

9.3-

2.72

8.77 22-1202

0.001

1.0-

4.3

4.0

7.3

7.3-

9.0

8.1

7.7

1.2

5.3

5.1

0.5-

2.21

2.57 32-2202

0.001

4.0

0.6-

2.1-

7.6-

0.2-

1.0

9.0

1.5

3.4

4.2

9.1

5.3-

1.31

5.48 42-3202

0.001

0.0

6.2

5.1

1.4

7.1-

0.1

2.1

6.0

4.0

0.3

6.2

1.3-

4.31

5.87 )EB( 52-4202

0.001

1.0

5.2

9.7

5.01

4.1-

7.1

8.1

3.0

4.0-

7.1

0.2

7.2-

7.41

8.17 )ER( 52-4202

0.001

0.0

9.3

4.4

3.8

6.1-

2.1

8.1

0.1-

2.1-

0.2

1.2

4.2-

4.41

3.67 )EB( 62-5202 .elbacilppA toN/elbigilgeN/liN :’-‘ .egarevA :.gvA .dnuF sgnivaS llamS lanoitaN : FSSN .setamitsE tegduB :EB .setamitsE desiveR :ER .9 elbaT xidneppA ni sa emaS : etoN .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB : ecruoSState Finances : A Study of Budgets of 2025-26 78 sTU dna stnemnrevoG etatS fo seitilibaiL gnidnatstuO fo noitisopmoC :11 elbaT xidneppA )hcraM-dne ta sA( )erorC ₹( latoT -itnoC tisopeD evreseR tnedivorP snaoL latoT snaoL snaoL snaoL snaoL snaoL snaoL snaoL AMW FSSN -nepmoC YADU rewoP tekraM raeY -dnatstuO ycneg dna dnuF ,sdnuF dna lanretnI morf morf morf IBS morf morf morf morf morf noitas sdnoB snaoL gni dnuF secnavdA .cte secnavdA tbeD sknaB rehtO CDCN dna DRABAN CIG CIL IBR rehtO dna seitilibaiL teN( eht morf dna -utitsnI rehtO sdnoB )secnalaB ertneC sIF snoit sknab mus = 12 02 91 81 71 61 mus = 51 mus = 41 31 21 11 01 9 8 7 6 5 4 3 2 1 )02 ot 51( 41+)7 ot 2( )31 ot 8(

6.617,74,11

8.123,1

4.196,68

8.911,36

2.608,04,1

9.300,75,1

4.377,89,6

4.548,17

6.717,53

4.591,1

1.086,9

0.456,11

5.989

8.806,21

9.604

8.239,56,3

2.28 -

3.185,13

8.429,82,2 6002

4.675,14,21

4.913,1

8.760,10,1

2.167,87

1.029,94,1

6.256,64,1

4.558,36,7

7.733,96

2.352,03

9.711,1

1.671,9

2.226,51

9.079

3.791,21

0.992

0.903,52,4

8.18 -

7.050,62

2.777,24,2 7002

2.203,82,31

7.270,2

2.195,61,1

7.462,87

7.179,16,1

2.890,54,1

7.303,42,8

3.834,17

6.936,72

4.571,1

2.592,9

8.668,02

4.729

8.335,11

6.452

1.978,03,4

5.08 -

5.341,32

8.705,89,2 8002

1.591,07,41

6.258,2

7.943,82,1

0.729,38

0.434,77,1

2.078,34,1

5.167,33,9

0.087,77

5.513,82

1.981,1

3.990,9

1.924,72

4.509

7.148,01

3.273

4.519,13,4

5.97 -

6.096,12

7.329,10,4 9002

5.846,84,61

3.334,2

6.625,43,1

0.053,49

5.065,00,2

7.151,34,1

3.626,37,01

2.284,38

2.206,62

5.323,1

3.361,01

7.908,43

9.288

5.007,9

3.184

4.510,55,4

5.87 -

7.387,81

2.587,51,5 0102

5.679,82,81

3.473,3

9.556,35,1

0.271,30,1

3.532,82,2

9.961,44,1

1.963,69,11

2.817,18

1.511,32

0.565,1

7.149,5

8.908,04

6.777

1.905,9

4.014,1

4.446,49,4

2.87 -

5.324,41

4.490,40,6 1102

3.619,39,91

5.141,3

6.679,87,1

3.639,19

8.544,35,2

7.745,34,1

4.868,22,31

7.280,38

3.280,91

5.136,1

4.774,5

9.925,74

1.907

5.256,8

9.906

8.714,68,4

0.57 -

1.535,11

9.741,14,7 2102

6.542,01,22

2.644,3

5.922,59,1

0.855,13,1

0.563,97,2

4.218,44,1

5.438,55,41

3.481,58

0.259,51

9.625,1

8.389,4

6.271,45

6.046

5.809,7

7.355

6.357,68,4

0.57 -

1.566,8

7.206,47,8 3102

5.362,17,42

7.990,3

0.499,92,2

4.694,94,1

5.697,50,3

4.908,54,1

4.760,73,61

0.957,88

5.330,51

0.909,1

3.855,3

6.644,06

7.775

0.432,7

3.204,1

0.032,98,4

7.67 -

2.032,7

1.963,05,01 4102

6.957,30,72

0.121,6

4.490,64,2

8.295,99

2.580,02,3

8.661,74,1

4.996,48,81

3.457,49

7.609,32

0.837,1

6.241,1

3.765,16

8.484

9.419,5

5.284,4

3.512,31,5

8.341 -

8.609,2

7.691,96,21 5102

9.521,81,23

8.271,4

7.145,95,2

1.164,83,1

7.012,25,3

4.712,84,1

2.225,51,32

6.412,04,1

0.790,64

9.718,1

3.218

1.543,58

3.664

9.576,5

1.75

8.981,04,5

5.920,02

0.069,89 -

2.170,61,51 6102

3.753,90,83

1.964,4

8.112,03,3

5.356,22,1

7.451,60,4

1.364,35,1

2.504,29,72

7.075,89,1

7.346,06

1.620,2

5.290,03

5.505,00,1

2.914

7.388,4

9.248

6.338,70,5

8.199,91

0.650,80,2 -

2.011,75,81 7102

3.594,29,24

7.780,4

3.564,09,3

3.341,67,1

2.484,04,4

4.110,26,1

3.303,91,13

3.449,11,2

3.452,16

5.258,2

0.642,92

3.031,41,1

2.563

9.590,4

3.577,1

9.576,57,4

4.598,91

8.509,30,2 -

6.601,60,22 8102

5.967,68,74

8.017,6

5.124,56,4

1.659,10,2

6.839,68,4

3.435,17,1

2.802,45,43

2.150,23,2

7.834,36

4.361,2

6.295,82

4.741,43,1

4.803

7.004,3

6.815,1

1.910,24,4

4.269,91

1.072,79,1 -

8.683,16,52 9102

3.617,05,35

1.737,5

1.599,71,5

5.779,50,2

7.590,62,5

2.418,06,1

7.690,43,93

5.679,55,2

8.552,66

6.616,6

1.075,23

1.845,74,1

9.462

9.027,2

7.394,2

0.795,90,4

4.695,81

6.606,88,1 -

5.628,85,03 0202

1.000,55,16

8.151,5

1.774,13,5

2.535,01,2

0.788,93,5

1.115,31,3

9.734,45,54

1.135,85,2

3.945,46

7.007,4

1.861,82

4.068,95,1

1.912

6.330,1

7.096,2

2.421,57,3

4.272,71

7.907,87,1 -

8.901,22,73 1202

8.871,67,86

7.318,7

0.096,14,5

3.270,73,2

5.546,67,5

0.312,29,4

4.447,02,05

1.400,06,2

0.344,35

3.347,7

4.982,52

3.208,27,1

8.181

2.445

4.479

8.774,94,3

4.849,51

4.593,85,1 -

3.449,53,24 2202

2.686,29,57

7.299,9

6.673,50,6

7.802,88,2

1.523,10,6

1.665,18,5

0.712,60,55

9.959,36,2

2.063,64

4.678,5

7.180,42

3.904,78,1

5.741

8.48

4.221-

6.392,31,3

2.795,41

3.827,53,1 -

4.067,87,74 3202

8.341,66,48

8.138,8

8.658,16,6

5.577,63,3

2.744,12,6

8.753,32,6

7.478,31,26

8.207,18,2

9.152,74

0.695,5

7.097,22

0.632,60,2

9.511

8.782-

8.605,3

5.534,28,2

5.272,31

2.260,31,1 -

0.598,91,55 4202

6.342,68,39

8.519,9

2.660,56,6

0.496,23,3

8.334,14,6

9.197,39,7

5.833,34,96

1.310,88,2

4.828,03

6.659,3

0.533,12

6.093,23,2

9.511

3.316-

9.547,4

4.900,15,2

3.868,01

0.474,19 -

1.132,79,26 ER 5202

8.029,72,40,1

8.569,9

4.261,35,6

2.969,81,3

8.653,46,6

8.854,26,9

6.739,81,87

1.119,49,2

4.156,21

1.826,3

5.143,02

0.430,95,2

9.511

7.958-

9.546,4

3.673,32,2

3.868,01

0.474,19 -

4.566,39,17 EB 6202 .elbigilgen/elbaliava toN/elbacilppa toN : ’-‘ .setamitsE tegduB :EB .setamitsE desiveR :ER .’ygolodohteM dna secruoS ataD no etoN yrotanalpxE‘ ees oslA .1 :setoN .osla yrrehcuduP dna ihleD edulcni sdrawno 81-7102 morf ataD .2 .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB : ecruoSAppendix Tables 79 latoT fo tnec rep sA - sTU dna stnemnrevoG etatS fo seitilibaiL gnidnatstuO fo noitisopmoC :21 elbaT xidneppA )hcraM-dne ta sA( )tnec reP( latoT -itnoC tisopeD evreseR tnedivorP snaoL latoT snaoL snaoL snaoL snaoL snaoL snaoL snaoL AMW FSSN -nepmoC YADU rewoP tekraM raeY -dnatstuO ycneg dna dnuF ,sdnuF dna lanretnI morf morf morf IBS morf morf morf morf morf noitas sdnoB snaoL gni dnuF secnavdA .cte secnavdA tbeD sknaB rehtO CDCN dna DRABAN CIG CIL IBR rehtO dna seitilibaiL teN( eht morf dna -utitsnI rehtO sdnoB )secnalaB ertneC sIF snoit sknab mus = 12 02 91 81 71 61 mus = 51 mus = 41 31 21 11 01 9 8 7 6 5 4 3 2 1 )02 ot 51( 41+)7 ot 2( )31 ot 8(

0.001

1.0

6.7

5.5

3.21

7.31

9.06

3.6

1.3

1.0

8.0

0.1

1.0

1.1

0.0

9.13

0.0 -

8.2

9.91 6002

0.001

1.0

1.8

3.6

1.21

8.11

5.16

6.5

4.2

1.0

7.0

3.1

1.0

0.1

0.0

3.43

0.0 -

1.2

6.91 7002

0.001

2.0

8.8

9.5

2.21

9.01

1.26

4.5

1.2

1.0

7.0

6.1

1.0

9.0

0.0

4.23

0.0 -

7.1

5.22 8002

0.001

2.0

7.8

7.5

1.21

8.9

5.36

3.5

9.1

1.0

6.0

9.1

1.0

7.0

0.0

4.92

0.0 -

5.1

3.72 9002

0.001

1.0

2.8

7.5

2.21

7.8

1.56

1.5

6.1

1.0

6.0

1.2

1.0

6.0

0.0

6.72

0.0 -

1.1

3.13 0102

0.001

2.0

4.8

6.5

5.21

9.7

4.56

5.4

3.1

1.0

3.0

2.2

0.0

5.0

1.0

0.72

0.0 -

8.0

0.33 1102

0.001

2.0

0.9

6.4

7.21

2.7

3.66

2.4

0.1

1.0

3.0

4.2

0.0

4.0

0.0

4.42

0.0 -

6.0

2.73 2102

0.001

2.0

8.8

0.6

6.21

6.6

9.56

9.3

7.0

1.0

2.0

5.2

0.0

4.0

0.0

0.22

0.0 -

4.0

6.93 3102

0.001

1.0

3.9

0.6

4.21

9.5

2.66

6.3

6.0

1.0

1.0

4.2

0.0

3.0

1.0

8.91

0.0 -

3.0

5.24 4102

0.001

2.0

1.9

7.3

8.11

4.5

7.96

5.3

9.0

1.0

0.0

3.2

0.0

2.0

2.0

0.91

0.0 -

1.0

9.64 5102

0.001

1.0

1.8

3.4

9.01

6.4

0.27

4.4

4.1

1.0

0.0

7.2

0.0

2.0

0.0

8.61

6.0

1.3 -

1.74 6102

0.001

1.0

7.8

2.3

7.01

0.4

3.37

2.5

6.1

1.0

8.0

6.2

0.0

1.0

0.0

3.31

5.0

5.5 -

8.84 7102

0.001

1.0

1.9

1.4

3.01

8.3

7.27

9.4

4.1

1.0

7.0

7.2

0.0

1.0

0.0

1.11

5.0

8.4 -

4.15 8102

0.001

1.0

7.9

2.4

2.01

6.3

2.27

8.4

3.1

0.0

6.0

8.2

0.0

1.0

0.0

2.9

4.0

1.4 -

5.35 9102

0.001

1.0

7.9

8.3

8.9

0.3

5.37

8.4

2.1

1.0

6.0

8.2

0.0

1.0

0.0

7.7

3.0

5.3 -

2.75 0202

0.001

1.0

6.8

4.3

8.8

1.5

0.47

2.4

0.1

1.0

5.0

6.2

0.0

0.0

0.0

1.6

3.0

9.2 -

5.06 1202

0.001

1.0

9.7

4.3

4.8

2.7

0.37

8.3

8.0

1.0

4.0

5.2

0.0

0.0

0.0

1.5

2.0

3.2 -

6.16 2202

0.001

1.0

0.8

8.3

9.7

7.7

5.27

5.3

6.0

1.0

3.0

5.2

0.0

0.0

0.0-

1.4

2.0

8.1 -

9.26 3202

0.001

1.0

8.7

0.4

3.7

4.7

4.37

3.3

6.0

1.0

3.0

4.2

0.0

0.0-

0.0

3.3

2.0

3.1 -

2.56 4202

0.001

1.0

1.7

5.3

8.6

5.8

0.47

1.3

3.0

0.0

2.0

5.2

0.0

0.0-

1.0

7.2

1.0

0.1 -

1.76 ER 5202

0.001

1.0

3.6

1.3

4.6

2.9

0.57

8.2

1.0

0.0

2.0

5.2

0.0

0.0-

0.0

1.2

1.0

9.0 -

0.96 EB 6202 .elbigilgen/elbaliava toN/elbacilppa toN : ’-‘ .setamitsE tegduB :EB .setamitsE desiveR :ER .’ygolodohteM dna secruoS ataD no etoN yrotanalpxE‘ ees oslA .1 :setoN .osla yrrehcuduP dna ihleD edulcni sdrawno 81-7102 morf ataD .2 .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :

ecruoSState Finances : A Study of Budgets of 2025-26 Appendix Table 13: State Government Market Borrowings (₹ Crore) Year Gross Allocation Repayments Net Allocation 1 2 3 4 2007-08 80,570.0 11560.0 # 69,020.0 2008-09 1,29,080.0 14,370.0 1,14,710.0 2009-10 1,18,190.0 16,240.0 1,04,940.0 2010-11 1,57,200.0 15,640.0 1,42,160.0 2011-12 1,67,860.0 21,990.0 1,45,870.0 2012-13 2,18,710.0 30,630.0 1,88,080.0 2013-14 2,50,610.0 32,080.0 2,18,530.0 2014-15 2,69,840.0 33,380.0 2,36,460.0 2015-16 $ 2,94,560.3 33,370.4 2,61,189.9 2016-17 3,81,979.3 39,290.0 3,42,689.3 2017-18 4,19,099.5 78,818.8 3,40,280.7 2018-19 4,78,323.5 1,29,680.3 3,48,643.2 2019-20 6,34,520.5 1,47,067.0 4,87,453.5 2020-21 7,98,816.0 1,47,039.0 6,51,777.0 2021-22 7,01,626.0 2,09,143.0 4,92,483.0 2022-23 7,58,392.0 2,39,563.0 5,18,829.0 2023-24 10,07,058.0 2,89,918.0 7,17,140.0 2024-25 10,73,310.0 3,19,965.0 7,53,345.0 # : Excluding ₹ 150 crore of buy-back of securities by Government of Odisha.

$ : Ministry of Finance, Government of India has discontinued to provide gross/net allocation figures.

Notes: 1. Data from 2007-08 onwards includes the Union Territory of Puducherry.

2. Gross and net allocation from 2008-09 onwards includes additional allocations.

Source : Reserve Bank of India, Ministry of Finance, Government of India 802025-26 Statements and Appendices2025-26 StatementsStatements 85 srotacidnI lacsiF rojaM :1 tnemetatS )tnec reP( /tnemyaP tseretnI /erutidnepxE latnempoleveD–noN /erutidnepxE tnempoleveD /euneveR nwO TU/etatS erutidnepxE euneveR *tnemesrubsiD etagerggA *tnemesrubsiD etagerggA erutidnepxE euneveR 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 )EB( )ER( )stnuoccA( )EB( )ER( )stnuoccA( )EB( )ER( )stnuoccA( )EB( )ER( )stnuoccA( 31 21 11 01 9 8 7 6 5 4 3 2 1

9.31

8.31

9.31

7.32

9.52

1.72

7.86

0.56

2.66

0.15

5.54

9.34 hsedarP arhdnA .1

3.3

6.3

2.4

0.63

0.42

6.52

3.26

8.37

5.27

4.51

2.51

0.81 hsedarP lahcanurA .2

4.9

2.8

6.8

5.13

0.13

3.43

8.16

9.36

8.16

8.63

6.63

2.63 massA .3

1.9

3.7

2.9

9.82

0.52

7.52

9.36

6.86

1.56

9.62

9.12

1.82 rahiB .4

9.6

0.7

9.5

1.02

8.81

5.71

7.27

6.47

0.66

0.55

6.94

0.74 hragsittahhC .5

4.11

2.01

2.11

3.92

1.03

7.82

4.36

8.46

9.46

4.87

8.57

9.67 aoG .6

5.31

7.31

4.41

5.32

9.32

8.42

0.76

5.66

4.56

5.87

9.97

4.38 tarajuG .7

7.71

9.81

1.91

3.82

1.92

7.72

3.45

2.25

3.25

0.96

5.96

2.17 anayraH .8

8.31

5.21

6.21

7.83

3.33

1.63

7.35

5.06

4.75

6.14

4.53

2.33 hsedarP lahcamiH .9

7.5

3.7

9.8

0.02

8.22

6.42

9.37

7.07

5.96

2.55

7.45

0.45 dnahkrahJ .01

6.41

9.21

7.21

0.82

4.52

5.42

0.46

9.56

6.66

0.27

6.86

8.27 akatanraK .11

7.71

3.81

9.81

4.93

6.24

8.34

7.24

9.93

5.93

7.16

4.16

6.36 alareK .21

9.9

3.01

4.01

6.12

5.12

3.12

2.86

0.86

7.86

0.54

2.54

9.94 hsedarP ayhdaM .31

7.01

7.9

3.01

8.72

4.32

9.52

9.95

9.36

2.16

3.96

6.07

7.27 arthsarahaM .41

2.6

6.5

1.7

5.63

2.23

1.34

9.45

2.36

0.15

4.11

9.01

4.01 rupinaM .51

6.6

3.6

9.6

0.22

6.32

2.42

8.07

0.17

9.56

4.42

4.42

6.22 ayalahgeM .61

4.6

7.4

4.5

2.34

7.13

1.53

0.45

3.56

4.16

1.12

5.81

0.12 maroziM .71

7.7

4.7

2.7

3.34

6.04

6.14

5.15

9.55

8.45

4.41

9.41

4.51 dnalagaN .81

2.3

0.3

5.3

3.81

3.71

4.12

1.37

0.47

3.37

9.26

4.36

2.27 ahsidO .91

4.81

1.81

2.91

9.03

0.03

4.13

3.73

5.93

8.33

6.55

9.15

4.64 bajnuP .02

3.21

3.31

1.41

3.32

0.52

2.62

7.76

6.66

1.46

1.25

0.05

6.64 nahtsajaR .12

7.9

3.9

0.01

1.73

4.13

8.53

9.75

6.46

7.06

0.82

8.92

9.13 mikkiS .22

5.81

7.71

3.71

5.92

9.82

4.82

3.55

4.65

9.45

9.66

9.46

4.26 udaN limaT .32

5.8

0.9

4.41

5.61

3.71

4.42

9.67

3.67

2.07

0.87

1.97

5.08 anagnaleT .42

9.5

2.6

3.7

4.13

5.23

2.53

5.36

4.36

7.85

8.61

9.61

2.81 arupirT .52

0.11

0.11

0.11

9.13

2.92

4.82

6.95

8.26

7.36

8.45

5.54

3.84 hsedarP rattU .62

7.11

8.11

0.11

2.23

3.13

9.13

0.55

1.85

4.75

4.74

4.74

1.05 dnahkarattU .72

2.61

1.71

9.81

7.52

9.72

7.92

2.56

5.26

5.95

4.04

1.83

3.14 lagneB tseW .82

5.41

3.21

9.41

1.13

8.53

7.63

9.36

0.75

6.15

0.04

2.53

5.03 rimhsaK dna ummaJ .92

1.3

9.4

1.6

3.31

1.61

4.31

1.57

5.86

1.17

6.69

3.901

7.801 ihleD TCN .03

1.7

3.7

6.7

6.52

4.52

5.72

1.76

5.76

1.46

7.56

7.36

0.46 yrrehcuduP .13

0.21

8.11

6.21

8.62

0.62

2.72

8.26

5.36

6.16

3.75

6.45

5.65 sTU dna setatS llA ).dtnoC(State Finances : A Study of Budgets of 2025-26 86 ).dlcnoC( srotacidnI lacsiF rojaM :1 tnemetatS )tnec reP( /srefsnarT ssorG /noisneP /erutidnepxE dettimmoC /tnemyaP tseretnI TU/etatS tnemesrubsiD etagerggA erutidnepxE euneveR erutidnepxE euneveR stpieceR euneveR 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 )EB( )ER( )stnuoccA( )EB( )ER( )stnuoccA( )EB( )ER( )stnuoccA( )EB( )ER( )stnuoccA( 52 42 32 22 12 02 91 81 71 61 51 41 1

6.43

9.23

7.33

7.8

0.9

2.01

7.82

4.92

9.03

1.61

6.71

0.71 hsedarP arhdnA .1

2.48

4.48

2.88

3.9

3.9

6.9

8.13

3.42

3.62

9.2

8.2

1.3 hsedarP lahcanurA .2

3.35

7.84

8.25

8.71

5.51

7.81

9.43

0.23

4.53

4.9

6.8

9.8 massA .3

3.16

0.65

7.95

2.31

3.11

8.21

5.03

7.52

9.92

8.8

4.8

1.9 rahiB .4

4.93

9.93

5.43

5.7

0.6

9.7

3.12

3.91

1.02

7.6

4.7

6.6 hragsittahhC .5

2.82

6.72

6.72

8.21

0.41

7.31

5.33

2.33

2.23

1.01

6.9

3.01 aoG .6

6.22

5.42

7.52

6.21

7.21

9.21

4.13

8.13

5.23

4.21

4.21

2.21 tarajuG .7

3.31

1.31

5.31

1.11

5.11

9.11

4.53

1.73

7.73

5.02

9.12

3.12 anayraH .8

7.04

2.34

1.84

8.32

4.12

5.22

1.34

1.93

0.14

9.51

3.41

4.41 hsedarP lahcamiH .9

9.74

0.74

8.74

2.9

9.8

8.11

8.22

5.52

4.03

1.5

5.6

8.7 dnahkrahJ .01

3.81

1.91

5.91

1.21

6.01

2.01

8.13

7.82

8.72

6.51

2.41

2.31 akatanraK .11

9.02

4.81

2.91

4.61

0.71

0.81

6.83

9.93

7.14

9.02

4.22

7.12 alareK .21

6.34

9.44

1.64

0.01

7.9

9.9

8.52

2.52

2.52

8.9

3.01

9.9 hsedarP ayhdaM .31

0.02

3.12

0.12

9.9

2.8

6.9

0.03

6.52

9.72

5.11

2.01

6.01 arthsarahaM .41

9.48

4.68

1.18

1.81

4.71

6.81

9.14

0.93

4.84

6.5

6.4

6.6 rupinaM .51

5.96

5.17

4.66

0.9

5.9

8.01

7.62

7.62

1.92

3.5

1.5

3.6 ayalahgeM .61

7.37

5.96

7.87

2.81

9.61

4.81

4.73

5.23

0.63

1.6

8.4

1.5 maroziM .71

9.67

5.77

9.97

6.22

2.12

9.02

9.74

3.74

8.64

1.7

9.6

6.6 dnalagaN .81

4.93

5.93

5.73

4.21

8.11

5.31

7.12

6.02

6.22

8.2

6.2

9.2 ahsidO .91

1.81

5.91

1.91

3.51

8.41

1.71

8.34

2.14

0.54

4.22

1.32

3.52 bajnuP .02

1.43

4.53

0.43

4.01

3.01

2.11

0.72

8.72

7.92

6.31

9.41

8.61 nahtsajaR .12

0.36

4.56

4.85

0.61

1.41

8.51

3.53

3.33

0.63

8.8

4.8

9.9 mikkiS .22

1.91

0.91

5.12

4.21

2.21

2.21

9.53

8.43

4.43

8.02

5.02

2.02 udaN limaT .32

6.81

6.81

4.51

8.5

9.5

0.01

8.91

8.02

1.13

4.8

8.8

4.41 anagnaleT .42

2.57

9.67

1.18

6.51

6.51

7.61

9.43

7.53

2.83

5.5

7.5

5.6 arupirT .52

8.54

3.15

8.84

6.51

5.41

5.41

1.53

5.33

3.33

7.9

8.9

1.01 hsedarP rattU .62

9.34

7.64

4.64

5.61

4.41

1.61

2.63

8.33

1.53

2.11

2.11

3.01 dnahkarattU .72

4.14

1.24

2.04

6.8

3.9

8.01

9.92

7.13

3.53

3.81

3.02

3.12 lagneB tseW .82

2.25

2.35

8.55

2.91

2.12

5.51

4.93

4.34

4.64

7.21

6.11

2.41 rimhsaK dna ummaJ .92

5.72

4.01

2.3

0.0

0.0

0.0

3.7

0.9

0.01

8.2

2.4

4.5 ihleD TCN .03

4.82

7.82

7.13

3.31

7.21

2.41

6.62

3.62

4.82

2.7

6.7

6.7 yrrehcuduP .13

8.33

6.43

9.33

8.11

3.11

2.21

6.03

6.92

6.13

2.21

3.21

9.21 sTU dna setatS llA .setamitsE tegduB :

EB .setamitsE desiveR :

ER .stnemyaper sedulcni osla tnemesrubsid etagergga sa derdnuh ot pu dda ton yam tnemesrubsid etagergga ot oitar a sa erutidnepxe tnempoleved noN dna tnempoleveD * .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :

ecruoSStatements 87 sulpruS/ticfieD euneveR :2 tnemetatS )erorC ₹( 62-5202 52-4202 42-3202 TU/etatS )setamitsE tegduB( )setamitsE desiveR( )stnuoccA( euneveR euneveR euneveR euneveR euneveR euneveR euneveR euneveR euneveR /)–( sulpruS erutidnepxE stpieceR /)–( sulpruS erutidnepxE stpieceR /)–( sulpruS erutidnepxE stpieceR )+( ticfieD )+( ticfieD )+( ticfieD 8-9=01 9 8 5-6=7 6 5 2-3=4 3 2 1

0.681,33

5.261,15,2

5.679,71,2

5.113,84

6.243,42,2

2.130,67,1

5.286,83

6.944,21,2

0.767,37,1 hsedarP arhdnA .1

7.085,4-

3.369,92

1.445,43

7.902,7-

6.633,62

3.645,33

6.678,6-

4.465,02

0.144,72 hsedarP lahcanurA .2

0.0

0.622,71,1

0.622,71,1

6.763,5

9.275,71,1

3.502,21,1

4.826,2

9.261,49

5.435,19 massA .3

2.138,8-

3.000,25,2

4.138,06,2

6.787,63

4.032,18,2

8.244,44,2

1.338,2-

2.415,09,1

2.743,39,1 rahiB .4

0.408,2-

0.691,83,1

0.000,14,1

0.602,7

0.604,82,1

0.002,12,1

8.232,11

0.147,41,1

2.805,30,1 hragsittahhC .5

8.094,2-

5.212,02

3.307,22

8.022,1-

7.060,02

5.182,12

7.034,1-

1.558,61

7.582,81 aoG .6

2.596,91-

9.758,13,2

1.355,15,2

2.053,12-

2.181,01,2

5.135,13,2

0.774,33-

7.582,98,1

7.267,22,2 tarajuG .7

8.995,02

6.614,84,1

8.618,72,1

7.748,71

1.274,03,1

4.426,21,1

9.088,11

7.591,31,1

8.413,10,1 anayraH .8

1.093,6

0.337,84

0.343,24

2.694,6

2.002,05

0.407,34

6.855,5

6.137,44

0.371,93 hsedarP lahcamiH .9

7.615,41-

7.636,01,1

4.351,52,1

5.368,11-

2.474,89

7.733,01,1

1.252,11-

4.676,67

5.829,78 dnahkrahJ .01

2.262,91

7.837,11,3

5.674,29,2

0.721,62

8.729,38,2

7.008,75,2

6.172,9

4.416,24,2

9.243,33,2 akatanraK .11

5.421,72

2.674,97,1

7.153,25,1

9.591,92

7.521,26,1

8.929,23,1

2.041,81

3.626,24,1

1.684,42,1 alareK .21

0.816-

1.162,09,2

0.978,09,2

9.520,1-

1.389,06,2

0.900,26,2

8.784,21-

3.835,12,2

0.620,43,2 hsedarP ayhdaM .31

9.098,54

7.458,60,6

8.369,06,5

3.535,62

5.899,26,5

3.364,63,5

0.457,31

5.053,44,4

5.695,03,4 arthsarahaM .41

7.249,1-

9.594,91

5.834,12

9.924,4-

3.449,91

2.473,42

4.488-

7.128,31

2.607,41 rupinaM .51

1.530,5-

2.655,02

4.195,52

6.673,4-

8.256,91

4.920,42

3.493,1-

5.385,61

9.779,71 ayalahgeM .61

9.265-

7.483,21

6.749,21

0.301

6.333,31

5.032,31

1.775-

0.738,01

1.414,11 maroziM .71

7.716,1-

5.621,71

3.447,81

1.201,1-

0.541,61

0.742,71

4.533,1-

7.918,41

1.551,61 dnalagaN .81

0.008,13-

0.002,00,2

0.000,23,2

6.439,72-

4.560,68,1

0.000,41,2

5.167,03-

8.138,84,1

3.395,97,1 ahsidO .91

3.759,32

6.796,53,1

3.047,11,1

0.586,82

1.504,23,1

2.027,30,1

3.512,82

4.704,71,1

1.291,98 bajnuP .02

4.900,13

9.545,52,3

5.635,49,2

2.939,13

4.755,49,2

3.816,26,2

6.459,83

9.032,24,2

3.672,30,2 nahtsajaR .12

2.302,1-

2.820,11

4.132,21

2.860,1-

7.969,9

9.730,11

8.031-

6.022,8

4.153,8 mikkiS .22

9.436,14

7.302,37,3

8.865,13,3

5.764,64

9.373,04,3

4.609,39,2

1.121,54

8.717,90,3

7.695,46,2 udaN limaT .32

3.837,2-

3.289,62,2

6.027,92,2

7.888,5-

0.912,69,1

7.701,20,2

3.977-

1.415,86,1

4.392,96,1 anagnaleT .42

0.698,1-

2.025,42

1.614,62

0.549,1-

6.865,22

6.315,42

0.691,2-

0.243,81

0.835,02 arupirT .52

4.615,97-

6.471,38,5

9.096,26,6

1.800,95-

4.895,88,4

6.606,74,5

3.310,63-

9.787,92,4

2.108,56,4 hsedarP rattU .62

9.585,2-

7.459,95

5.045,26

4.258,2-

3.383,65

7.532,95

1.143,3-

0.472,74

0.516,05 dnahkarattU .72

9.413,53

4.573,10,3

4.060,66,2

7.162,34

4.258,07,2

8.095,72,2

9.196,52

5.959,52,2

6.762,00,2 lagneB tseW .82

1.628,01-

1.307,97

2.925,09

1.529,4-

7.975,38

8.405,88

2.684,3-

5.126,66

7.701,07 rimhsaK dna ummaJ .92

3.166,9-

5.488,17

8.545,18

7.313,8-

7.507,45

5.910,36

3.264,6-

5.533,05

8.797,65 ihleD TCN .03

1.621

7.426,11

6.894,11

0.404

7.275,11

6.861,11

0.42

4.660,01

4.240,01 yrrehcuduP .13

9.375,18

4.391,11,25

6.916,92,15

6.022,09,1

1.932,47,74

6.810,48,54

9.634,39

1.776,32,04

2.042,03,93 sTU dna setatS llA .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :

ecruoSState Finances : A Study of Budgets of 2025-26 88 sulpruS/ticfieD lacsiF ssorG :3 tnemetatS )erorC ₹( 62-5202 52-4202 42-3202 TU/etatS )setamitsE tegduB( )setamitsE desiveR( )stnuoccA( /)–(sulpruS erutidnepxE stpieceR /)–(sulpruS erutidnepxE stpieceR /)–(sulpruS erutidnepxE stpieceR )+(ticfieD )+(ticfieD )+(ticfieD 01 9 8 7 6 5 4 3 2 1

9.629,97

4.309,79,2

5.679,71,2

4.263,37

5.393,94,2

2.130,67,1

6.917,26

6.684,63,2

0.767,37,1 hsedarP arhdnA .1

6.452,4

7.897,83

1.445,43

1.333,3

3.978,63

3.645,33

9.885,1

9.920,92

0.144,72 hsedarP lahcanurA .2

3.893,72

3.426,44,1

0.622,71,1

9.400,73

2.012,94,1

3.502,21,1

7.458,02

2.983,21,1

5.435,19 massA .3

3.817,23

7.945,39,2

4.138,06,2

8.774,28

6.029,62,3

8.244,44,2

9.956,53

1.700,92,2

2.743,39,1 rahiB .4

9.998,32

9.998,46,1

0.000,14,1

5.943,03

5.945,15,1

0.002,12,1

2.339,62

4.644,03,1

2.315,30,1 hragsittahhC .5

1.548,2

4.845,52

3.307,22

2.880,4

7.963,52

5.182,12

6.531,2

3.124,02

7.582,81 aoG .6

4.793,85

5.056,92,3

1.352,17,2

4.075,05

9.106,38,2

5.130,33,2

3.394,32

0.652,64,2

7.267,22,2 tarajuG .7

7.499,53

5.114,86,1

8.614,23,1

0.655,23

4.088,54,1

4.423,31,1

0.144,13

7.078,23,1

7.924,10,1 anayraH .8

0.833,01

9.086,25

0.343,24

3.529,51

3.926,95

0.407,34

7.562,11

0.144,05

2.571,93 hsedarP lahcamiH .9

4.352,11

9.604,63,1

4.351,52,1

7.284,11

4.028,12,1

7.733,01,1

0.233,6

5.062,49

5.829,78 dnahkrahJ .01

2.824,09

8.049,28,3

5.215,29,2

1.049,28

9.877,04,3

7.838,75,2

4.225,56

2.109,89,2

9.873,33,2 akatanraK .11

5.830,54

5.654,79,1

0.814,25,1

0.747,44

8.127,77,1

8.479,23,1

1.852,43

7.197,85,1

7.335,42,1 alareK .21

6.109,87

4.487,96,3

8.288,09,2

8.434,26

6.744,42,3

8.210,26,2

8.484,44

6.415,87,2

8.920,43,2 hsedarP ayhdaM .31

6.432,63,1

4.891,79,6

8.369,06,5

3.378,23,1

5.633,96,6

3.364,63,5

3.955,09

8.551,12,5

5.695,03,4 arthsarahaM .41

3.690,2

9.435,32

5.834,12

4.780,2

6.164,62

2.473,42

3.368,1

5.965,61

2.607,41 rupinaM .51

2.079,1

6.165,72

4.195,52

4.415,1

8.345,52

4.920,42

2.251,3

1.031,12

9.779,71 ayalahgeM .61

7.156,1

3.995,41

6.749,21

6.066,2

1.198,51

5.032,31

7.776

8.190,21

1.414,11 maroziM .71

0.053,1

3.490,02

3.447,81

5.282,3

6.925,02

0.742,71

5.487,1

6.939,71

1.551,61 dnalagaN .81

0.002,43

0.002,66,2

0.000,23,2

4.304,92

4.304,34,2

0.000,41,2

8.247,41

0.633,49,1

3.395,97,1 ahsidO .91

1.102,43

4.144,64,1

3.042,21,1

9.947,63

1.079,04,1

2.022,40,1

1.511,33

2.703,22,1

1.291,98 bajnuP .02

6.346,48

1.002,97,3

5.655,49,2

8.090,07

1.927,23,3

3.836,26,2

5.975,56

1.078,86,2

5.092,30,2 nahtsajaR .12

8.203,3

2.435,51

4.132,21

3.622,3

2.462,41

9.730,11

0.035,2

4.188,01

4.153,8 mikkiS .22

2.369,60,1

0.735,83,4

8.375,13,3

9.743,10,1

8.262,59,3

0.519,39,2

1.034,09

6.830,55,3

5.806,46,2 udaN limaT .32

7.900,45

4.037,38,2

6.027,92,2

5.467,64

1.278,84,2

7.701,20,2

1.369,94

5.652,91,2

4.392,96,1 anagnaleT .42

6.169,4

7.773,13

1.614,62

0.622,5

7.937,92

6.315,42

6.736

6.571,12

0.835,02 arupirT .52

8.993,19

7.090,45,7

9.096,26,6

6.408,49

1.114,24,6

6.606,74,5

6.227,08

8.325,64,5

2.108,56,4 hsedarP rattU .62

9.406,21

5.541,57

5.045,26

3.625,9

0.267,86

7.532,95

0.947,7

0.463,85

0.516,05 dnahkarattU .72

0.871,37

4.832,93,3

4.060,66,2

8.710,37

6.806,00,3

8.095,72,2

1.399,35

7.062,45,2

6.762,00,2 lagneB tseW .82

7.601,61

9.536,60,1

2.925,09

2.666,41

0.171,30,1

8.405,88

1.806,8

8.517,87

7.701,07 rimhsaK dna ummaJ .92

0.307,31

8.842,59

8.545,18

7.325,1

1.345,46

5.910,36

1.439,3

9.137,06

8.797,65 ihleD TCN .03

4.201,1

9.006,21

6.894,11

7.221,1

4.192,21

6.861,11

2.364

6.505,01

4.240,01 yrrehcuduP .13

7.470,57,11

3.526,92,36

7.055,45,15

6.061,16,11

4.499,74,75

9.338,68,54

6.491,77,8

2.076,70,84

6.574,03,93 sTU dna setatS llA .stpiecer latipac suoenallecsim dna stpiecer eunever sedulcni stpieceR DFG .1 : setoN .seirevocer fo ten secnavda dna snaol dna yaltuo latipac ,erutidnepxe eunever sedulcni erutidnepxE DFG .2 .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :

ecruoSStatements 89 ticfieD lacsiF ssorG fo noitisopmoceD :4 tnemetatS )erorC ₹( 62-5202 52-4202 42-3202 TU/etatS )setamitsE tegduB( )setamitsE desiveR( )stnuoccA( DFG tbed–noN teN latipaC euneveR DFG tbed–noN teN latipaC euneveR DFG tbed–noN teN latipaC euneveR latipaC gnidneL yaltuO ticfieD latipaC gnidneL yaltuO ticfieD latipaC gnidneL yaltuO ticfieD stpieceR stpieceR stpieceR =61 51 41 31 21 =11 01 9 8 7 =6 5 4 3 2 1 )51-41+31+21( )01-9+8+7( )5-4+3+2(

9.629,97 –

2.501,6

7.536,04

0.681,33

4.263,37 –

4.879

5.270,42

5.113,84

6.917,26 –

6.607

5.033,32

5.286,83 hsedarP arhdnA .1

6.452,4 –

0.7-

4.248,8

7.085,4-

1.333,3 –

1.6-

9.845,01

7.902,7-

9.885,1 –

7.1

8.364,8

6.678,6- hsedarP lahcanurA .2

3.893,72 –

2.669,1-

5.463,92 –

9.400,73 –

3.952,2-

6.698,33

6.763,5

7.458,02 –

0.812,3-

2.444,12

4.826,2 massA .3

3.817,23 –

7.710,1

8.135,04

2.138,8-

8.774,28 –

1.400,2

1.686,34

6.787,63

9.956,53 –

9.930,2

0.354,63

1.338,2- rahiB .4

9.998,32 –

9.263

0.143,62

0.408,2-

5.943,03 –

5.941

0.499,22

0.602,7

2.339,62

0.5

5.682

9.814,51

8.232,11 hragsittahhC .5

1.548,2 –

4.6

5.923,5

8.094,2-

2.880,4 –

8.8-

8.713,5

8.022,1-

6.531,2 –

1.0

2.665,3

7.034,1- aoG .6

4.793,85

0.007,91

9.023,2

7.174,59

2.596,91-

4.075,05

0.005,1

0.842,3

6.271,07

2.053,12-

3.394,32 –

0.192,1

3.976,55

0.774,33- tarajuG .7

7.499,53

0.006,4

8.038,3

1.461,61

8.995,02

0.655,23

0.007

8.556,2

5.257,21

7.748,71

0.144,13

8.411

1.457,3

9.029,51

9.088,11 anayraH .8

0.833,01 –

8.6

1.149,3

1.093,6

3.529,51 –

0.651

2.372,9

2.694,6

7.562,11

2.2

6.97

8.926,5

6.855,5 hsedarP lahcamiH .9

4.352,11 –

6.941,3

6.026,22

7.615,41-

7.284,11 –

3.052,4

9.590,91

5.368,11-

0.233,6 –

9.589,2-

9.965,02

1.252,11- dnahkrahJ .01

2.824,09

0.63

8.920,3

2.271,86

2.262,91

1.049,28

0.83

2.934,2

9.114,45

0.721,62

4.225,56

0.63

7.661,4

1.021,25

6.172,9 akatanraK .11

5.830,54

3.66

2.240,1

1.839,61

5.421,72

0.747,44

0.54

3.625,1

9.960,41

9.591,92

1.852,43

5.74

9.085,2

5.485,31

2.041,81 alareK .21

6.109,87

8.3

1.099,2-

4.315,28

0.816-

8.434,26

8.3

4.564,1-

9.929,46

9.520,1-

8.484,44

8.3

7.734

6.835,65

8.784,21- hsedarP ayhdaM .31

6.432,63,1 –

4.688,5

4.754,48

9.098,54

3.378,23,1 –

9.513,11

1.220,59

3.535,62

3.955,09 –

0.232,4

4.375,27

0.457,31 arthsarahaM .41

3.690,2 –

0.1-

0.040,4

7.249,1-

4.780,2 –

6.1-

9.815,6

9.924,4-

3.368,1 –

8.0-

6.847,2

4.488- rupinaM .51

2.079,1 –

1.01

3.599,6

1.530,5-

4.415,1 –

5.12

5.968,5

6.673,4-

2.251,3 –

0.71

5.925,4

3.493,1- ayalahgeM .61

7.156,1 –

2.12-

8.532,2

9.265-

6.066,2 –

1.51-

7.275,2

0.301

7.776 –

0.1

8.352,1

1.775- maroziM .71

0.053,1 –

0.1-

7.869,2

7.716,1-

5.282,3 –

0.1-

6.583,4

1.201,1-

5.487,1 –

6.2-

5.221,3

4.533,1- dnalagaN .81

0.002,43 –

0.889

0.210,56

0.008,13-

4.304,92 –

0.649,1

0.293,55

6.439,72-

8.247,41 –

9.032,2

4.372,34

5.167,03- ahsidO .91

1.102,43

0.005

2.244

6.103,01

3.759,32

9.947,63

0.005

3.812

6.643,8

0.586,82

1.511,33 –

0.751

8.247,4

3.512,82 bajnuP .02

6.346,48

0.02

9.13-

2.686,35

4.900,13

8.090,07

0.02

5.611-

2.882,83

2.939,13

5.975,56

2.41

5.6-

7.546,62

6.459,83 nahtsajaR .12

8.203,3 –

0.1

0.505,4

2.302,1-

3.622,3 –

0.1

4.392,4

2.860,1-

0.035,2 –

2.0

7.066,2

8.031- mikkiS .22

2.369,60,1

0.5

4.201,8

0.132,75

9.436,14

9.743,10,1

5.8

9.221,8

0.667,64

5.764,64

1.034,09

9.11

6.028,4

2.005,04

1.121,54 udaN limaT .32

7.900,45 –

6.342,02

4.405,63

3.837,2-

5.467,64 –

3.565,91

9.780,33

7.888,5-

1.369,94 –

8.428,6

6.719,34

3.977- anagnaleT .42

6.169,4 –

7.92-

2.788,6

0.698,1-

0.622,5 –

8.0-

8.171,7

0.549,1-

6.736 –

4.99

2.437,2

0.691,2- arupirT .52

8.993,19 –

2.376,5

9.242,56,1

4.615,97-

6.408,49 –

2.490,6

5.817,74,1

1.800,95-

6.227,08 –

5.081,6

4.555,01,1

3.310,63- hsedarP rattU .62

9.406,21 –

7.724

1.367,41

9.585,2-

3.625,9 –

5.016

2.867,11

4.258,2-

0.947,7 –

3.801

8.189,01

1.143,3- dnahkarattU .72

0.871,37 –

7.474,1-

7.733,93

9.413,53

8.710,37 –

8.806

3.741,92

7.162,34

1.399,35 –

8.166-

1.369,82

9.196,52 lagneB tseW .82

7.601,61 –

6.69

2.638,62

1.628,01-

2.666,41 –

6.32

8.765,91

1.529,4-

1.806,8 –

5.5

9.880,21

2.684,3- rimhsaK dna ummaJ .92

0.307,31 –

1.041,6

1.422,71

3.166,9-

7.325,1 –

6.089,4

8.658,4

7.313,8-

1.439,3 –

0.145,3

4.558,6

3.264,6- ihleD TCN .03

4.201,1 –

5.0

7.579

1.621

7.221,1 –

1.0

6.817

0.404

2.364 – –

2.934

0.42 yrrehcuduP .13

7.470,57,11

1.139,42

2.163,26

7.070,65,01

9.375,18

6.061,16,11

3.518,2

8.140,76

5.317,60,9

6.022,09,1

6.491,77,8

4.532

3.786,63

8.503,74,7

9.634,39 sTU dna setatS llA .elbigilgeN/liN :’–‘ .ticfieD lacsiF ssorG :DFG .srotacidni ticfied ni sulprus setacidni ngis )–( evitageN :etoN .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod

tegduB :

ecruoSState Finances : A Study of Budgets of 2025-26 90 )stnuoccA( 42-3202 – ticfieD lacsiF ssorG fo gnicnaniF :5 tnemetatS )erorC ₹( lacsiF ssorG llarevO srehtO secnattimeR esnepsuS stisopeD evreseR tnedivorP morf snaoL laicepS snaoL tekraM TU/etatS /)–( sulpruS sulpruS dna dna sdnuF ,sdnuF ,CIL seitiruceS morf sgniworroB )+( ticfieD /)–( suoenallecsiM secnavdA .cte ,DRABAN deussi ertneC )21 ot

2.loC( )+( ticfieD ,CDCN FSSN ot dna IBS sknaB rehto 31 21 11 01 9 8 7 6 5 4 3 2 1

6.917,26

6.445,1

6.5-

1.31

0.254-

7.296

1.838

2.415,1

9.787

9.271,1-

0.036,3

5.923,55 hsedarP arhdnA .1

9.885,1

7.901,3-

4.11

1.011-

7.53

1.631-

4.740,1

1.256

2.563

3.471-

0.833,2

3.966 hsedarP lahcanurA .2

7.458,02

4.398,2-

4.0-

0.35-

3.901,2

0.377-

3.335-

7.073-

6.482,2

0.557-

6.938,5

0.000,61 massA .3

9.956,53

0.316,21-

2.332-

4.2-

6.148,8

6.822,1

7.222,1

8.552-

7.58

3.888,1-

1.131,9

9.241,03 rahiB .4

2.339,62

5.293,5-

5.4-

8.25-

5.401-

3.852

0.667

7.125,1

9.545

9.554-

4.155,3

0.003,62 hragsittahhC .5

6.531,2

4.269-

4.854

2.447

7.902-

0.891

3.973-

9.71-

3.523

4.102-

5.026

0.065,1 aoG .6

3.394,32

5.263

3.02

1.253

4.677,1-

2.033,9

2.329

0.62

6.226,1

4.926,3-

5.313,4

5.849,11 tarajuG .7

0.144,13

5.250,1-

9.615,5-

2.51-

3.544-

1.744,2

7.724,1

4.89

0.314

4.400,1-

2.535,1

8.355,33 anayraH .8

7.562,11

6.550,2

2.982-

3.621

3.04

5.73

0.543

3.556,1

6.771

1.965-

5.145,1

9.441,6 hsedarP lahcamiH .9

0.233,6

2.460,3-

2.828-

5.93

7.59-

0.539,3

9.311,3

5.045

1.626

5.967-

7.487,4

0.059,1- dnahkrahJ .01

4.225,56

5.431,12-

0.2-

7.55

6.506,2

5.374,7

4.041,5

3.455,3

9.781,2

9.726,1-

6.662,4

8.200,36 akatanraK .11

1.852,43

8.849,2

7.531-

0.702,1

8.88-

7.86

0.083

7.642-

5.992-

0.818,3

8.13-

0.836,62 alareK .21

8.484,44

7.126

1.146-

4.325

7.595,1-

7.661,1-

4.106,3

4.340,1-

3.274,1

6.652,3

4.654,21

0.000,72 hsedarP ayhdaM .31

3.955,09

8.08

1.774

2.983-

9.646,6-

7.870,01

7.837,1

5.625

4.832,2

7.083,5-

5.890,8

4.737,97 arthsarahaM .41

3.368,1

2.252

0.0

0.42

3.83-

8.46

2.22-

7.35-

0.37

0.45-

5.145

0.670,1 rupinaM .51

2.251,3

6.043

4.571

8.4-

7.0-

8.312

7.36

8.98

6.76

8.35-

6.633,1

0.429 ayalahgeM .61

7.776

0.694-

3.5-

7.372-

7.733

0.58

2.8-

4.084-

2.761

0.71-

3.627

3.246 maroziM .71

5.487,1

5.348-

9.85-

2.52

8.712-

8.72-

0.0

0.67-

6.8

1.31-

4.179

3.610,2 dnalagaN .81

8.247,41

5.699,5-

6.414,9

6.62

1.051-

3.846,5

8.004,7

3.008-

9.303,1

5.288-

7.434,3

8.656,4- ahsidO .91

1.511,33

3.644,2

5.801

3.02

5.15

0.951

1.226,1

9.006

1.792,1-

5.148,1-

0.214-

0.756,13 bajnuP .02

5.975,56

2.795-

8.869,6-

4.8-

4.021

1.985

5.111,1

5.690,6

5.528

8.485,1-

9.173,9

0.426,65 nahtsajaR .12

0.035,2

1.35

3.2-

3.701-

8.211

0.75

7.37-

0.1-

0.71

1.61-

5.987

0.107,1 mikkiS .22

1.034,09

4.170,4

2.192,2-

1.5-

5.735,5

8.171,8-

1.443-

4.513,1

2.697

1.308,1-

3.370,31

7.152,87 udaN limaT .32

1.369,94

3.913,3

1.830,1-

0.71-

0.794

4.317,3

5.706

8.998,1

0.29-

3.728-

6.326,1

8.672,04 anagnaleT .42

6.736

5.112-

0.0

4.0-

9.03

0.24-

1.421

1.042

6.005

0.911-

8.466

0.055- arupirT .52

6.227,08

0.679,32-

1.185,4-

1.707-

0.52

0.462,2

7.870,3

9.749

3.081,1

1.221,5-

9.269,71

0.056,98 hsedarP rattU .62

0.947,7

0.132,1

3.031-

5.2-

8.741-

7.285

5.308

7.712

3.491

0.187-

6.189,1

0.008,3 dnahkarattU .72

1.399,35

8.407,4-

1.470,1

6.0

7.809-

5.886,5

7.498,2

7.442,1

3.18-

0.043,6-

2.512,6

0.019,84 lagneB tseW .82

1.806,8

6.362-

9.118,6-

7.9-

2.03-

1.544

4.115

3.841,1

2.293

6.848-

1.121-

2.691,41 rimhsaK dna ummaJ .92

1.439,3

8.729,8 – – – – – – – –

7.399,4- – ihleD TCN .03

2.364

8.411

1.61-

4.451-

6.85

3.75 –

1.47

1.16 –

4.702-

0.574 yrrehcuduP .13

6.491,77,8

0.149,85-

3.128,71-

8.442,1

6.594,7

0.999,44

6.104,73

5.816,02

1.059,61

1.858,03-

5.430,51,1

8.070,14,7 sTU dna setatS llA .elbigilgeN/liN : ’–‘ .9 elbaT xidneppA ni sa emaS .1 :setoN .dnuf ycnegnitnoc dna tnemelttes etats–retni ,dnuf ycnegnitnoc ot noitairporppa ,sdnob noitasnepmoc ,snoitutitsni rehto morf snaoL edulcni ’srehtO‘ .2 .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod

tegduB : ecruoSStatements 91 )stnuoccA( 42-3202 – latoT fo tnec rep sA – ticfieD lacsiF ssorG fo gnicnaniF :6 tnemetatS )tnec reP( ssorG llarevO srehtO secnattimeR esnepsuS stisopeD evreseR morf snaoL laicepS snaoL tekraM sTU/etatS lacsiF /)–( sulpruS dna dna sdnuF tnedivorP ,CIL seitiruceS morf sgniworroB /)–( sulpruS )+( ticfieD suoenallecsiM secnavdA ,sdnuF ,DRABAN deussi ertneC )+( ticfieD .cte ,CDCN FSSN ot )21 ot

2.loC( dna IBS sknaB rehto 31 21 11 01 9 8 7 6 5 4 3 2 1

0.001

5.2

0.0

0.0

7.0-

1.1

3.1

4.2

3.1

9.1-

8.5

2.88 hsedarP arhdnA .1

0.001

7.591-

7.0

9.6-

2.2

6.8-

9.56

0.14

0.32

0.11-

1.741

1.24 hsedarP lahcanurA .2

0.001

9.31-

0.0

3.0-

1.01

7.3-

6.2-

8.1-

0.11

6.3-

0.82

7.67 massA .3

0.001

4.53-

7.0-

0.0

8.42

4.3

4.3

7.0-

2.0

3.5-

6.52

5.48 rahiB .4

0.001

0.02-

0.0

2.0-

4.0-

0.1

8.2

7.5

0.2

7.1-

2.31

6.79 hragsittahhC .5

0.001

1.54-

5.12

8.43

8.9-

3.9

8.71-

8.0-

2.51

4.9-

1.92

0.37 aoG .6

0.001

5.1

1.0

5.1

6.7-

7.93

9.3

1.0

9.6

4.51-

4.81

9.05 tarajuG .7

0.001

3.3-

5.71-

0.0

4.1-

8.7

5.4

3.0

3.1

2.3-

9.4

7.601 anayraH .8

0.001

2.81

6.2-

1.1

4.0

3.0

1.3

7.41

6.1

1.5-

7.31

5.45 hsedarP lahcamiH .9

0.001

4.84-

1.31-

6.0

5.1-

1.26

2.94

5.8

9.9

2.21-

6.57

8.03- dnahkrahJ .01

0.001

3.23-

0.0

1.0

0.4

4.11

8.7

4.5

3.3

5.2-

5.6

2.69 akatanraK .11

0.001

6.8

4.0-

5.3

3.0-

2.0

1.1

7.0-

9.0-

1.11

1.0-

8.77 alareK .21

0.001

4.1

4.1-

2.1

6.3-

6.2-

1.8

3.2-

3.3

3.7

0.82

7.06 hsedarP ayhdaM .31

0.001

1.0

5.0

4.0-

3.7-

1.11

9.1

6.0

5.2

9.5-

9.8

0.88 arthsarahaM .41

0.001

5.31

0.0

3.1

1.2-

5.3

2.1-

9.2-

9.3

9.2-

1.92

7.75 rupinaM .51

0.001

8.01

6.5

2.0-

0.0

8.6

0.2

8.2

1.2

7.1-

4.24

3.92 ayalahgeM .61

0.001

2.37-

8.0-

4.04-

8.94

5.21

2.1-

9.07-

7.42

5.2-

2.701

8.49 maroziM .71

0.001

3.74-

3.3-

4.1

2.21-

6.1-

0.0

3.4-

5.0

7.0-

4.45

0.311 dnalagaN .81

0.001

7.04-

9.36

2.0

0.1-

3.83

2.05

4.5-

8.8

0.6-

3.32

6.13- ahsidO .91

0.001

4.7

3.0

1.0

2.0

5.0

9.4

8.1

9.3-

6.5-

2.1-

6.59 bajnuP .02

0.001

9.0-

6.01-

0.0

2.0

9.0

7.1

3.9

3.1

4.2-

3.41

3.68 nahtsajaR .12

0.001

1.2

1.0-

2.4-

5.4

3.2

9.2-

0.0

7.0

6.0-

2.13

2.76 mikkiS .22

0.001

5.4

5.2-

0.0

1.6

0.9-

4.0-

5.1

9.0

0.2-

5.41

5.68 udaN limaT .32

0.001

6.6

1.2-

0.0

0.1

4.7

2.1

8.3

2.0-

7.1-

2.3

6.08 anagnaleT .42

0.001

2.33-

0.0

1.0-

8.4

6.6-

5.91

7.73

5.87

7.81-

3.401

3.68- arupirT .52

0.001

7.92-

7.5-

9.0-

0.0

8.2

8.3

2.1

5.1

3.6-

3.22

1.111 hsedarP rattU .62

0.001

9.51

7.1-

0.0

9.1-

5.7

4.01

8.2

5.2

1.01-

6.52

0.94 dnahkarattU .72

0.001

7.8-

0.2

0.0

7.1-

5.01

4.5

3.2

2.0-

7.11-

5.11

6.09 lagneB tseW .82

0.001

1.3-

1.97-

1.0-

4.0-

2.5

9.5

3.31

6.4

9.9-

4.1-

9.461 rimhsaK dna ummaJ .92

0.001

9.622 – – – – – – – –

9.621- – ihleD TCN .03

0.001

8.42

5.3-

3.33-

7.21

4.21

0.0

0.61

2.31 –

8.44-

6.201 yrrehcuduP .13

0.001

7.6-

0.2-

1.0

9.0

1.5

3.4

4.2

9.1

5.3-

1.31

5.48 sTU dna setatS llA .elbigilgeN/liN : ’–‘ .9 elbaT xidneppA ni sa emaS .1 : setoN .dnuf ycnegnitnoc dna tnemelttes etats–retni ,dnuf ycnegnitnoc ot noitairporppa sdnob noitasnepmoc ,snoitutitsni rehto morf snaoL edulcni ’srehtO‘ .2 .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :

ecruoSState Finances : A Study of Budgets of 2025-26 92 )setamitsE desiveR( 52-4202 –ticfieD lacsiF ssorG fo gnicnaniF :7 tnemetatS )erorC ₹( ssorG llarevO srehtO secnattimeR esnepsuS stisopeD evreseR tnedivorP morf snaoL laicepS snaoL tekraM TU/etatS lacsiF sulpruS dna dna sdnuF ,sdnuF ,CIL seitiruceS morf sgniworroB /)–( sulpruS /)–( suoenallecsiM secnavdA .cte ,DRABAN deussi ertneC )+( ticfieD )+( ticfieD ,CDCN FSSN ot )21 ot

2.loC( dna IBS sknaB rehto 31 21 11 01 9 8 7 6 5 4 3 2 1

4.263,37

5.315,1

6.5- – –

9.451-

6.45-

1.693,1

3.674-

0.331,1-

6.177,41

6.505,75 hsedarP arhdnA .1

1.333,3

3.182,1-

5.0-

2.76-

1.803

6.85

0.926

8.253

5.791

3.471-

5.272,2

8.730,1 hsedarP lahcanurA .2

9.400,73

3.418,9

2.0-

2.332,2-

3.371,1

4.367,2 –

0.156-

2.178,3

0.557-

7.870,8

4.349,41 massA .3

8.774,28

8.304,14

7.662 –

0.002-

0.002-

0.001

0.001

8.226

3.888,1-

0.051,11

9.221,13 rahiB .4

5.943,03

0.781

4.21 – – – –

0.005

9.917,2

0.064-

7.675,6

4.318,02 hragsittahhC .5

2.880,4

3.317,1-

3.252

8.609,3

1.674-

3.291

6.892

2.7-

4.224

0.202-

4.412,1

0.002 aoG .6

4.075,05

3.518

0.0

6.744

6.201-

8.282,2

6.15

1.161

2.992,4

4.926,3-

3.561,21

5.970,43 tarajuG .7

0.655,23

5.281-

0.674,4-

0.19-

5.511-

4.308-

1.707

5.98

0.71

4.400,1-

2.515,1

0.009,63 anayraH .8

3.529,51

9.144,6

3.272- – – – –

0.053,1

1.191

1.965-

7.424,1

0.953,7 hsedarP lahcamiH .9

7.284,11

4.565,1-

3.244-

4.979

0.99-

0.052,1

0.522

0.097-

0.525,1

5.967-

5.964,4

0.007,6 dnahkrahJ .01

1.049,28

2.241

0.843 – –

0.689,3

0.845-

3.826,3

0.692,2

9.726,1-

7.512,5

0.005,96 akatanraK .11

0.747,44

0.14

6.431-

4.912

4.191-

0.09

1.531

8.648,3

0.87-

4.835,3

9.605,2

3.377,43 alareK .21

8.434,26

3.964-

9.532-

7.154

5.221,9

2.510,4-

0.328,2-

6.766,2-

1.868,1

0.544,3

9.405,21

7.352,54 hsedarP ayhdaM .31

3.378,23,1

3.125,33

6.658,1

8.282-

3.618,2

0.305,6-

0.323

9.398-

7.456-

7.083,5-

0.719,41

2.451,39 arthsarahaM .41

4.780,2

9.481

3.774- –

0.04 –

6.12-

5.91-

7.281

2.45-

3.512,1

0.730,1 rupinaM .51

4.415,1

2.371

4.051- – –

9.58- –

9.58

6.96

0.45-

8.26

2.314,1 ayalahgeM .61

6.066,2

2.646,1

5.5-

6.562-

0.833

0.113- –

0.123-

7.011

0.71-

8.575

0.019 maroziM .71

5.282,3

5.338

6.33- – –

0.003- –

0.05-

8.61

3.31-

0.816,1

1.112,1 dnalagaN .81

4.304,92

2.119

1.717,3

5.447,71

2.21-

6.124,1-

8.122,2-

0.000,1

9.642,3

5.288-

3.345,4

7.877,2 ahsidO .91

9.947,63

0.0

6.939,1- – –

8.814,2

7.998

5.813-

4.192,1-

5.148,1-

1.383,2

4.934,63 bajnuP .02

8.090,07

9.601-

7.787,6-

9.1-

9.79

3.381,1

5.960,1-

8.060,7

6.387

8.485,1-

0.010,21

0.605,85 nahtsajaR .12

3.622,3

9.461-

1.0- –

1.0

0.02

0.32

9.11-

8.31

1.61-

3.425,1

0.838,1 mikkiS .22

9.743,10,1

8.481,4

2.582,2- – –

4.785,1-

8.761-

3.552,1

8.256

1.308,1-

3.815,8

3.085,29 udaN limaT .32

5.467,64

2.476-

0.420,1- – –

7.300,5

3.859,1-

6.459

2.37-

9.883,1-

3.201,2

4.228,34 anagnaleT .42

0.622,5

0.057

0.121

4.0-

4.0

0.58-

0.58

0.004

5.273

0.001-

5.775,2

0.501,1 arupirT .52

6.408,49

8.849,71

1.504,4-

0.005-

2.340,8

3.709,2-

6.921-

7.399

6.244,1

1.221,5-

3.097,02

0.056,85 hsedarP rattU .62

3.625,9

8.271-

8.431

5.151-

5.423

9.832

1.531-

1.323

0.0

0.057-

5.414,1

9.992,8 dnahkarattU .72

8.710,37

8.393

5.626,1 – –

3.750,2

7.055,1

5.691,2

4.77-

0.043,6-

5.015,31

0.001,85 lagneB tseW .82

2.666,41

1.958,4

7.680,2- –

6.12 –

0.02 –

1.433

6.848-

2.121-

0.884,21 rimhsaK dna ummaJ .92

7.325,1

0.854,2 – – – – – – – –

3.439- – ihleD TCN .03

7.221,1

4.26-

7.732 –

6.0

0.93 –

8.22

5.821 –

5.931-

0.698 yrrehcuduP .13

6.061,16,11

8.038,12,1

6.981,61-

7.551,02

7.980,12

4.902,3

5.180,4-

6.689,91

9.337,22

1.624,13-

1.434,07,1

7.714,33,8 sTU dna setatS llA .elbigilgeN/liN : ’–‘ .9 elbaT xidneppA ni sa emaS .1 : setoN .dnuf ycnegnitnoc dna tnemelttes etats–retni ,dnuf ycnegnitnoc ot noitairporppa sdnob noitasnepmoc ,snoitutitsni rehto morf snaoL edulcni ’srehtO‘ .2 .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :

ecruoSStatements 93 )setamitsE desiveR( 52-4202 – latoT fo tnec rep sA – ticfieD lacsiF ssorG fo gnicnaniF :8 tnemetatS )tnec reP( ssorG llarevO srehtO secnattimeR esnepsuS stisopeD evreseR tnedivorP morf snaoL laicepS snaoL tekraM TU/etatS lacsiF sulpruS dna dna sdnuF ,sdnuF ,CIL seitiruceS morf sgniworroB /)–( sulpruS /)–( suoenallecsiM secnavdA .cte ,DRABAN deussi ertneC )+( ticfieD )+( ticfieD ,CDCN FSSN ot )21 ot

2.loC( dna IBS sknaB rehto 31 21 11 01 9 8 7 6 5 4 3 2 1

0.001

1.2 – – –

2.0-

1.0-

9.1

6.0-

5.1-

1.02

4.87 hsedarP arhdnA .1

0.001

4.83- –

0.2-

2.9

8.1

9.81

6.01

9.5

2.5-

2.86

1.13 hsedarP lahcanurA .2

0.001

5.62 –

0.6-

2.3

5.7 –

8.1-

5.01

0.2-

8.12

4.04 massA .3

0.001

2.05

3.0 –

2.0-

2.0-

1.0

1.0

8.0

3.2-

5.31

7.73 rahiB .4

0.001

6.0 – – – – –

6.1

0.9

5.1-

7.12

6.86 hragsittahhC .5

0.001

9.14-

2.6

6.59

6.11-

7.4

3.7

2.0-

3.01

9.4-

7.92

9.4 aoG .6

0.001

6.1 –

9.0

2.0-

5.4

1.0

3.0

5.8

2.7-

1.42

4.76 tarajuG .7

0.001

6.0-

7.31-

3.0-

4.0-

5.2-

2.2

3.0

1.0

1.3-

7.4

3.311 anayraH .8

0.001

5.04

7.1- – – – –

5.8

2.1

6.3-

9.8

2.64 hsedarP lahcamiH .9

0.001

6.31-

9.3-

5.8

9.0-

9.01

0.2

9.6-

3.31

7.6-

9.83

3.85 dnahkrahJ .01

0.001

2.0

4.0 –

0.0

8.4

7.0-

4.4

8.2

0.2-

3.6

8.38 akatanraK .11

0.001

1.0

3.0-

5.0

4.0-

2.0

3.0

6.8

2.0-

9.7

6.5

7.77 alareK .21

0.001

8.0-

4.0-

7.0

6.41

4.6-

5.4-

3.4-

0.3

5.5

0.02

5.27 hsedarP ayhdaM .31

0.001

2.52

4.1

2.0-

1.2

9.4-

2.0

7.0-

5.0-

0.4-

2.11

1.07 arthsarahaM .41

0.001

9.8

9.22- –

9.1 –

0.1-

9.0-

8.8

6.2-

2.85

7.94 rupinaM .51

0.001

4.11

9.9- – –

7.5- –

7.5

6.4

6.3-

1.4

3.39 ayalahgeM .61

0.001

9.16

2.0-

0.01-

7.21

7.11- –

1.21-

2.4

6.0-

6.12

2.43 maroziM .71

0.001

4.52

0.1-

0.0 –

1.9- –

5.1-

5.0

4.0-

3.94

9.63 dnalagaN .81

0.001

1.3

6.21

3.06 –

8.4-

6.7-

4.3

0.11

0.3-

5.51

5.9 ahsidO .91

0.001

0.0

3.5- – –

6.6

4.2

9.0-

5.3-

0.5-

5.6

2.99 bajnuP .02

0.001

2.0-

7.9- –

1.0

7.1

5.1-

1.01

1.1

3.2-

1.71

5.38 nahtsajaR .12

0.001

1.5-

0.0 – –

6.0

7.0

4.0-

4.0

5.0-

2.74

0.75 mikkiS .22

0.001

1.4

3.2- – –

6.1-

2.0-

2.1

6.0

8.1-

4.8

3.19 udaN limaT .32

0.001

4.1-

2.2- – –

7.01

2.4-

0.2

2.0-

0.3-

5.4

7.39 anagnaleT .42

0.001

4.41

3.2 – –

6.1-

6.1

7.7

1.7

9.1-

3.94

1.12 arupirT .52

0.001

9.81

6.4-

5.0-

5.8

1.3-

1.0-

0.1

5.1

4.5-

9.12

9.16 hsedarP rattU .62

0.001

8.1-

4.1

6.1-

4.3

5.2

4.1-

4.3 –

9.7-

8.41

1.78 dnahkarattU .72

0.001

5.0

2.2 – –

8.2

1.2

0.3

1.0-

7.8-

5.81

6.97 lagneB tseW .82

0.001

1.33

2.41- –

1.0 –

1.0 –

3.2

8.5-

8.0-

1.58 rimhsaK dna ummaJ .92

0.001

3.161 – – – – – – – –

3.16- – ihleD TCN .03

0.001

6.5-

2.12 – –

5.3 –

0.2

4.11 –

4.21-

8.97 yrrehcuduP .13

0.001

5.01

4.1-

7.1

8.1

3.0

4.0-

7.1

0.2

7.2-

7.41

8.17 sTU dna setatS llA .elbigilgeN/liN : ’–‘ .9 elbaT xidneppA ni sa emaS .1 : setoN .dnuf ycnegnitnoc dna tnemelttes etats–retni ,dnuf ycnegnitnoc ot noitairporppa sdnob noitasnepmoc ,snoitutitsni rehto morf snaoL edulcni ’srehtO‘ .2 .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :

ecruoSState Finances : A Study of Budgets of 2025-26 94 )setamitsE tegduB( 62-5202 – ticfieD lacsiF ssorG fo gnicnaniF :9 tnemetatS )erorC ₹( lacsiF ssorG llarevO srehtO secnattimeR esnepsuS stisopeD evreseR tnedivorP morf snaoL laicepS snaoL tekraM TU/etatS /)–( sulpruS sulpruS dna dna sdnuF ,sdnuF ,CIL seitiruceS morf sgniworroB )+( ticfieD /)–( suoenallecsiM secnavdA .cte ,DRABAN deussi ertneC )21 ot

2.loC( )+( ticfieD ,CDCN FSSN ot dna IBS sknaB rehto 31 21 11 01 9 8 7 6 5 4 3 2 1

9.629,97 –

9.1- – –

0.424

5.632

1.04

7.102-

7.099-

0.050,02

5.073,06 hsedarP arhdnA .1

6.452,4

4.562,1- –

6.07-

5.323

6.16

5.066

5.092

8.142

8.632-

5.262,3

2.789 hsedarP lahcanurA .2

3.893,72

6.231- –

1.310,2-

5.499

2.405,2 –

7.697-

5.775,2

5.706-

9.120,9

0.058,51 massA .3

3.817,23 –

7.661 –

6.991- –

0.001

0.001-

6.745

2.934,1-

2.516-

0.852,43 rahiB .4

9.998,32

0.004

8.26 – – – –

0.005

9.905

0.064-

0.063,4

2.725,81 hragsittahhC .5

1.548,2

0.882,1-

6.861

4.303,4

1.099-

0.521,2-

6.891

8.71-

0.783

0.202-

4.418

0.695,1 aoG .6

4.793,85

0.082- –

7.351-

6.301-

6.608,2

7.301

8.911

5.615,7

2.222,3-

9.073,21

5.932,93 tarajuG .7

7.499,53

4.463

4.530,5-

0.92-

3.54-

8.613-

2.693

0.46

9.032,1

2.248-

9.708,1

0.004,83 anayraH .8

0.833,01

0.965,1

1.772- – – – –

0.002,1

3.17-

5.554-

0.301,1

8.962,7 hsedarP lahcamiH .9

4.352,11

6.634-

3.673-

4.026-

0.34-

0.053

0.051

0.006

0.476,1

7.376-

5.971,5

0.054,5 dnahkrahJ .01

2.824,09

3.810,8

3.894 – –

0.252,2-

5.886,8-

9.427,3

0.337,1

6.824,1-

4.010,5

5.218,38 akatanraK .11

5.830,54

3.04

9.37

6.4-

6.253

0.021

4.080,1-

4.267,4

0.72-

4.334,2

2.168,3

7.605,43 alareK .21

6.109,87

4.378

5.36

2.564

1.693,9

2.420,3-

6.758,6-

4.127-

2.638,1

9.276,3

8.687,11

7.014,16 hsedarP ayhdaM .31

6.432,63,1

3.975,14

0.971,1

6.343-

1.438,2

9.976,4-

0.221

7.421,1-

2.377-

5.678,4-

2.918,9

0.994,29 arthsarahaM .41

3.690,2

3.882-

3.016- –

0.06 –

8.13-

5.91-

0.591

2.45-

3.549,1

0.009 rupinaM .51

2.079,1

6.505-

5.73 – – – –

8.29

6.94

2.34-

4.67

7.262,2 ayalahgeM .61

7.156,1

0.85

2.75

0.782

5.833

0.543-

0.7-

0.784-

4.29

6.31-

2.127

0.059 maroziM .71

0.053,1 –

8.74- – –

0.05- –

0.001-

4.71

3.31-

1.1-

8.445,1 dnalagaN .81

0.002,43

3.200,1

8.029

9.810,31

4.31-

8.365,1-

0.444,2-

0.000,1

7.947,3

5.288-

0.059,3

0.264,51 ahsidO .91

1.102,43 –

6.939,1- –

0.0

3.014,1

1.804,1

5.813-

0.155,1-

4.155,1-

1.34

0.007,63 bajnuP .02

6.346,48

1.511-

1.736,6-

9.1-

7.511

3.921-

1.753,1

5.183,7

3.030,1

7.463,1-

2.558,51

9.151,76 nahtsajaR .12

8.203,3

3.763

1.0- – – –

3.001-

8.11-

7.01

7.21-

3.840,1

3.100,2 mikkiS .22

2.369,60,1

0.364,2

9.382,2- –

2.0

8.999,1-

7.742

1.252,1

5.305,1

7.856,1-

3.413,8

0.521,99 udaN limaT .32

7.900,45

5.894

5.910,1- – –

1.199

0.927

9.972,2

9.57-

3.346,1-

1.955,3

8.096,84 anagnaleT .42

6.169,4

6.979

0.991

4.0-

4.0

0.55-

0.55

0.004

4.197

0.021-

6.160,2

0.056 arupirT .52

8.993,19

4.399,52

0.504,4-

0.005-

7.770,8

3.200,4-

2.688-

8.018

4.896

8.401,4-

8.765,22

0.051,74 hsedarP rattU .62

9.406,21

7.984-

8.992

7.67

4.04

1.131

7.301

4.822

0.091

0.007-

6.426,1

0.001,11 dnahkarattU .72

0.871,37

2.930,8

6.562,1 – –

9.991-

0.864

1.138,1

0.87-

8.063,5-

5.042,9

3.279,75 lagneB tseW .82

7.601,61

9.663,7

2.072,1- –

6.12 –

9.43

0.03

1.341,1

5.187-

0.301-

0.566,9 rimhsaK dna ummaJ .92

0.307,31

6.469,2 – – – – – – – –

3.837,01 – ihleD TCN .03

4.201,1

9.25-

0.151 –

7.0

2.04 –

0.21

0.721 –

1.701-

4.139 yrrehcuduP .13

7.470,57,11

1.327,79

6.067,81-

1.414,41

9.061,12

8.309,11-

9.427,31-

0.329,22

0.570,52

1.336,72-

9.663,96,1

2.434,69,8 sTU dna setatS llA .elbigilgeN/liN : ’–‘ .9 elbaT xidneppA ni sa emaS .1 : setoN .dnuf ycnegnitnoc dna tnemelttes etats–retni ,dnuf ycnegnitnoc ot noitairporppa sdnob noitasnepmoc ,snoitutitsni rehto morf snaoL edulcni ’srehtO‘ .2 .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :

ecruoSStatements 95 )setamitsE tegduB( 62-5202 – latoT fo tnec rep sA – ticfieD lacsiF ssorG fo gnicnaniF :01 tnemetatS )tnec reP( ssorG llarevO srehtO secnattimeR esnepsuS stisopeD evreseR tnedivorP morf snaoL laicepS snaoL tekraM TU/etatS lacsiF sulpruS dna dna sdnuF ,sdnuF ,CIL seitiruceS morf sgniworroB /)–( sulpruS /)–( suoenallecsiM secnavdA .cte ,DRABAN deussi ertneC )+( ticfieD )+( ticfieD ,CDCN FSSN ot )21 ot

2.loC( dna IBS sknaB rehto 31 21 11 01 9 8 7 6 5 4 3 2 1

0.001

0.0 – – –

5.0

3.0

1.0

3.0-

2.1-

1.52

5.57 hsedarP arhdnA .1

0.001

7.92- –

7.1-

6.7

4.1

5.51

8.6

7.5

6.5-

7.67

2.32 hsedarP lahcanurA .2

0.001

5.0- –

3.7-

6.3

1.9 –

9.2-

4.9

2.2-

9.23

9.75 massA .3

0.001

0.0

5.0 –

6.0- –

3.0

3.0-

7.1

4.4-

9.1-

7.401 rahiB .4

0.001

7.1

3.0 – – –

0.0

1.2

1.2

9.1-

2.81

5.77 hragsittahhC .5

0.001

3.54-

9.5

3.151

8.43-

7.47-

0.7

6.0-

6.31

1.7-

6.82

1.65 aoG .6

0.001

5.0- –

3.0-

2.0-

8.4

2.0

2.0

9.21

5.5-

2.12

2.76 tarajuG .7

0.001

0.1

0.41-

1.0-

1.0-

9.0-

1.1

2.0

4.3

3.2-

0.5

7.601 anayraH .8

0.001

2.51

7.2- –

0.0

0.0

0.0

6.11

7.0-

4.4-

7.01

3.07 hsedarP lahcamiH .9

0.001

9.3-

3.3-

5.5-

4.0-

1.3

3.1

3.5

9.41

0.6-

0.64

4.84 dnahkrahJ .01

0.001

9.8

6.0 –

0.0

5.2-

6.9-

1.4

9.1

6.1-

5.5

7.29 akatanraK .11

0.001

1.0

2.0 –

8.0

3.0

4.2-

6.01

1.0-

4.5

6.8

6.67 alareK .21

0.001

1.1

1.0

6.0

9.11

8.3-

7.8-

9.0-

3.2

7.4

9.41

8.77 hsedarP ayhdaM .31

0.001

5.03

9.0

3.0-

1.2

4.3-

1.0

8.0-

6.0-

6.3-

2.7

9.76 arthsarahaM .41

0.001

8.31-

1.92- –

9.2 –

5.1-

9.0-

3.9

6.2-

8.29

9.24 rupinaM .51

0.001

7.52-

9.1 –

0.0 – –

7.4

5.2

2.2-

9.3

8.411 ayalahgeM .61

0.001

5.3

5.3

4.71

5.02

9.02-

4.0-

5.92-

6.5

8.0-

7.34

5.75 maroziM .71

0.001

0.0

5.3- – –

7.3- –

4.7-

3.1

0.1-

1.0-

4.411 dnalagaN .81

0.001

9.2

7.2

1.83 –

6.4-

1.7-

9.2

0.11

6.2-

5.11

2.54 ahsidO .91

0.001

0.0

7.5- – –

1.4

1.4

9.0-

5.4-

5.4-

1.0

3.701 bajnuP .02

0.001

1.0-

8.7- –

1.0

2.0-

6.1

7.8

2.1

6.1-

7.81

3.97 nahtsajaR .12

0.001

1.11 – – –

0.0

0.3-

4.0-

3.0

4.0-

7.13

6.06 mikkiS .22

0.001

3.2

1.2- – –

9.1-

2.0

2.1

4.1

6.1-

8.7

7.29 udaN limaT .32

0.001

9.0

9.1- – –

8.1

3.1

2.4

1.0-

0.3-

6.6

2.09 anagnaleT .42

0.001

7.91

0.4 – –

1.1-

1.1

1.8

0.61

4.2-

6.14

1.31 arupirT .52

0.001

4.82

8.4-

5.0-

8.8

4.4-

0.1-

9.0

8.0

5.4-

7.42

6.15 hsedarP rattU .62

0.001

9.3-

4.2

6.0

3.0

0.1

8.0

8.1

5.1

6.5-

9.21

1.88 dnahkarattU .72

0.001

0.11

7.1 – –

3.0-

6.0

5.2

1.0-

3.7-

6.21

2.97 lagneB tseW .82

0.001

7.54

9.7- –

1.0

0.0

2.0

2.0

1.7

9.4-

6.0-

0.06 rimhsaK dna ummaJ .92

0.001

6.12 – – – – – – – –

4.87 – ihleD TCN .03

0.001

8.4-

7.31 –

1.0

6.3

0.0

1.1

5.11 –

7.9-

5.48 yrrehcuduP .13

0.001

3.8

6.1-

2.1

8.1

0.1-

2.1-

0.2

1.2

4.2-

4.41

3.67 sTU dna setatS llA .elbigilgeN/liN : ’–‘ .9 elbaT xidneppA ni sa emaS .1 : setoN .dnuf ycnegnitnoc dna tnemelttes etats–retni ,dnuf ycnegnitnoc ot noitairporppa sdnob noitasnepmoc ,snoitutitsni rehto morf snaoL edulcni ’srehtO‘ .2 .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :

ecruoSState Finances : A Study of Budgets of 2025-26 Statement 11: Development Expenditure* (₹ Crore) State/UT 2023-24 2024-25 2025-26 Variation (Per cent)

(Accounts) (Revised (Budget Estimates) Estimates) Col.3/Col.2 Col.4/Col.3 1 2 3 4 5 6

1. Andhra Pradesh 1,67,775.6 1,78,388.5 2,21,518.9 6.3 24.2

2. Arunachal Pradesh 21,457.9 27,820.8 24,589.1 29.7 -11.6

3. Assam 74,166.5 1,01,355.9 96,459.8 36.7 -4.8

4. Bihar 1,64,215.7 2,39,977.0 2,02,348.0 46.1 -15.7

5. Chhattisgarh 1,02,049.6 1,20,079.8 1,28,159.1 17.7 6.7

6. Goa 14,156.7 17,344.1 17,469.5 22.5 0.7

7. Gujarat 1,79,151.6 2,08,256.4 2,45,222.8 16.2 17.8

8. Haryana 87,037.8 94,099.7 1,11,303.4 8.1 18.3

9. Himachal Pradesh 30,963.1 38,485.8 30,636.5 24.3 -20.4

10. Jharkhand 74,976.1 92,405.1 1,07,502.5 23.2 16.3

11. Karnataka 2,14,294.0 2,41,195.8 2,62,001.1 12.6 8.6

12. Kerala 71,396.5 80,074.6 94,932.6 12.2 18.6

13. Madhya Pradesh 2,06,336.1 2,41,589.6 2,73,637.6 17.1 13.3

14. Maharashtra 3,44,134.6 4,65,832.8 4,53,719.7 35.4 -2.6

15. Manipur 8,716.7 17,161.0 13,716.1 96.9 -20.1

16. Meghalaya 15,467.5 19,198.0 21,056.3 24.1 9.7

17. Mizoram 7,711.2 10,724.3 8,118.3 39.1 -24.3

18. Nagaland 10,195.8 11,888.9 10,924.8 16.6 -8.1

19. Odisha 1,49,572.6 1,96,171.3 2,11,845.5 31.2 8.0

20. Punjab 61,648.1 76,856.7 76,484.9 24.7 -0.5

21. Rajasthan 1,91,190.2 2,42,215.7 2,82,378.4 26.7 16.6

22. Sikkim 6,783.2 9,488.0 9,379.1 39.9 -1.1

23. Tamil Nadu 2,21,142.2 2,47,963.8 2,68,972.3 12.1 8.5

24. Telangana 1,62,738.4 2,03,029.0 2,34,506.6 24.8 15.5

25. Tripura 12,954.5 19,213.3 20,590.3 48.3 7.2

26. Uttar Pradesh 3,62,991.5 4,24,102.9 4,75,823.7 16.8 12.2

27. Uttarakhand 35,883.9 42,382.8 44,924.6 18.1 6.0

28. West Bengal 1,70,142.3 2,07,310.4 2,43,806.4 21.8 17.6

29. Jammu and Kashmir 46,039.7 63,388.7 71,751.1 37.7 13.2

30. NCT Delhi 46,779.7 47,613.0 75,142.9 1.8 57.8

31. Puducherry 7,349.5 8,935.7 9,124.1 21.6 2.1 All States and UTs 32,69,418.7 39,94,549.3 43,48,046.2 22.2 8.8 *: Comprises expenditure on revenue and capital accounts and loans and advances extended by States for development purposes.

Source : Budget documents of the State governments. Details in methodology.

96Statements Statement 12: Non–Development Expenditure* (₹ Crore) State/UT 2023-24 2024-25 2025-26 Variation (Per cent)

(Accounts) (Revised (Budget Estimates) Estimates) Col.3/Col.2 Col.4/Col.3 1 2 3 4 5 6

1. Andhra Pradesh 68,713.7 71,004.5 76,385.3 3.3 7.6

2. Arunachal Pradesh 7,573.6 9,068.5 14,219.6 19.7 56.8

3. Assam 41,171.9 49,234.0 49,205.7 19.6 -0.1

4. Bihar 64,887.5 87,441.1 91,720.5 34.8 4.9

5. Chhattisgarh 27,124.2 30,262.4 35,482.2 11.6 17.2

6. Goa 6,267.6 8,045.5 8,082.1 28.4 0.5

7. Gujarat 67,924.6 74,834.5 86,075.5 10.2 15.0

8. Haryana 46,134.0 52,469.7 57,925.2 13.7 10.4

9. Himachal Pradesh 19,505.3 21,172.3 22,061.5 8.5 4.2

10. Jharkhand 26,561.1 29,795.9 29,150.8 12.2 -2.2

11. Karnataka 78,684.2 92,809.2 1,14,688.3 18.0 23.6

12. Kerala 79,089.0 85,496.5 87,669.3 8.1 2.5

13. Madhya Pradesh 64,033.4 76,319.3 86,682.4 19.2 13.6

14. Maharashtra 1,45,874.8 1,70,298.1 2,10,468.6 16.7 23.6

15. Manipur 7,362.9 8,741.8 9,112.4 18.7 4.2

16. Meghalaya 5,686.6 6,375.7 6,541.2 12.1 2.6

17. Mizoram 4,404.5 5,200.4 6,505.9 18.1 25.1

18. Nagaland 7,746.7 8,642.2 9,170.9 11.6 6.1

19. Odisha 43,773.0 45,921.0 53,123.3 4.9 15.7

20. Punjab 57,401.8 58,383.6 63,355.6 1.7 8.5

21. Rajasthan 78,084.6 91,042.8 97,238.0 16.6 6.8

22. Sikkim 4,002.7 4,615.0 6,011.9 15.3 30.3

23. Tamil Nadu 1,14,357.2 1,27,136.4 1,43,468.7 11.2 12.8

24. Telangana 56,554.0 45,894.1 50,320.6 -18.8 9.6

25. Tripura 7,782.6 9,844.2 10,184.9 26.5 3.5

26. Uttar Pradesh 1,61,653.7 1,97,606.9 2,54,509.2 22.2 28.8

27. Uttarakhand 19,938.5 22,792.0 26,277.0 14.3 15.3

28. West Bengal 84,853.0 92,560.5 96,211.6 9.1 3.9

29. Jammu and Kashmir 32,682.1 39,787.7 34,890.2 21.7 -12.3

30. NCT Delhi 8,831.3 11,167.2 13,303.6 26.5 19.1

31. Puducherry 3,156.2 3,355.7 3,476.8 6.3 3.6 All States and UTs 14,41,816.5 16,37,318.8 18,53,519.0 13.6 13.2 *: Comprises expenditure on revenue and capital accounts and loans and advances extended by States for non–development purposes.

Source : Budget documents of the State governments. Details in methodology.

97State Finances : A Study of Budgets of 2025-26 98 stnemyaP tseretnI :31 tnemetatS )erorC ₹( )tnec reP( noitairaV 62-5202 52-4202 42-3202 TU/etatS

5.loC/7.loC

4.loC/6.loC

3.loC/5.loC

2.loC/4.loC )setamitsE tegduB( )setamitsE desiveR( )stnuoccA( teN ssorG teN ssorG *teN ssorG *teN ssorG *teN ssorG 11 01 9 8 7 6 5 4 3 2 1

0.31

1.31

9.4

0.5

9.649,43

1.899,43

3.719,03

4.449,03

4.064,92

2.184,92 hsedarP arhdnA .1

9.4

9.4

3.83

4.01

3.499

3.499

6.749

6.749

1.586

0.858 hsedarP lahcanurA .2

2.31

4.31

5.91

0.91

9.198,9

1.789,01

1.537,8

4.786,9

1.113,7

2.931,8 massA .3

2.9

1.21

6.21

6.61

0.935,02

9.310,32

9.608,81

2.625,02

8.807,61

8.506,71 rahiB .4

1.7

5.5

8.03

6.23

4.082,9

1.515,9

2.366,8

2.510,9

2.326,6

3.897,6 hragsittahhC .5

3.21

1.21

6.9

5.8

6.582,2

6.792,2

7.430,2

4.050,2

7.658,1

3.988,1 aoG .6

6.8

7.8

5.01

6.5

7.183,92

7.002,13

5.440,72

0.707,82

0.374,42

6.571,72 tarajuG .7

5.6

2.6

7.41

3.41

1.183,42

1.132,62

6.798,22

6.296,42

8.959,91

0.506,12 anayraH .8

8.21

6.7

8.3

9.01

6.464,6

9.837,6

8.927,5

1.562,6

3.225,5

4.846,5 hsedarP lahcamiH .9

0.51-

2.11-

8.3

6.4

7.456,5

7.453,6

4.256,6

4.251,7

0.804,6

0.938,6 dnahkrahJ .01

1.82

5.42

6.41

8.81

6.960,34

2.006,54

1.526,33

5.336,63

6.333,92

3.628,03 akatanraK .11

0.7

0.7

9.9

2.01

1.345,13

7.328,13

7.964,92

3.937,92

9.018,62

2.689,62 alareK .21

2.7

5.6

6.61

4.61

3.064,62

3.636,82

9.876,42

0.778,62

1.461,12

4.890,32 hsedarP ayhdaM .31

0.91

2.81

0.91

8.91

2.153,16

7.856,46

4.735,15

4.786,45

2.323,34

9.156,54 arthsarahaM .41

6.7

1.8

9.41

5.41

4.002,1

6.802,1

8.511,1

9.711,1

4.179

6.679 rupinaM .51

2.9

0.9

5.8

6.8

1.633,1

8.643,1

0.322,1

7.532,1

3.721,1

1.831,1 ayalahgeM .61

8.82

4.52

7.2

7.8

0.947

0.397

7.185

4.236

4.665

9.185 maroziM .71

3.11

2.11

2.21

7.11

8.413,1

8.623,1

0.181,1

5.391,1

8.250,1

4.860,1 dnalagaN .81

3.22

2.81

0.8-

2.6

6.397,4

0.005,6

0.029,3

0.005,5

0.062,4

1.181,5 ahsidO .91

3.4

3.4

2.6

2.6

8.076,42

5.599,42

6.356,32

7.359,32

4.472,22

9.155,22 bajnuP .02

5.1

4.2

1.41

6.41

9.112,73

2.850,04

8.066,63

1.811,93

6.121,23

8.721,43 nahtsajaR .12

7.12

2.51

7.21

9.21

2.899

4.170,1

1.028

1.039

8.727

6.328 mikkiS .22

1.42

5.41

9.7

7.21

4.663,85

6.311,96

4.530,74

2.753,06

9.695,34

7.565,35 udaN limaT .32

3.9

2.9

5.72-

2.72-

6.062,91

0.963,91

4.126,71

8.927,71

0.813,42

2.743,42 anagnaleT .42

9.1

8.2

6.4

5.5

7.193,1

8.644,1

8.563,1

4.704,1

3.603,1

4.333,1 arupirT .52

8.71

1.91

2.41

8.31

0.909,16

0.690,46

3.475,25

3.408,35

8.840,64

3.772,74 hsedarP rattU .62

0.5

3.5

2.82

8.72

8.228,6

1.099,6

0.794,6

4.636,6

7.660,5

5.291,5 dnahkarattU .72

9.3-

5.5

5.8

4.8

1.251,44

4.877,84

5.639,54

4.512,64

6.643,24

9.026,24 lagneB tseW .82

1.21

1.21

8.3

5.3

0.515,11

8.715,11

7.962,01

7.172,01

1.798,9

0.529,9 rimhsaK dna ummaJ .92

8.02-

7.51-

9.7-

8.31-

5.389,1

2.642,2

7.305,2

1.666,2

3.817,2

3.490,3 ihleD TCN .03

9.0-

4.2-

5.2

7.01

9.156

9.828

5.756

5.948

4.146

1.767 yrrehcuduP .13

3.11

3.11

8.9

7.01

1.275,48,5

6.737,42,6

3.753,52,5

6.445,16,5

8.186,87,4

4.571,70,5 sTU dna setatS llA .stpieceR tseretnI sunim tnemyaP tseretnI ssorG : * .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB : ecruoSStatements 99 *euneveR xaT :41 tnemetatS )tnec reP( sexaT lartneC ni erahS euneveR xaT nwO euneveR xaT TU/etatS 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 )EB( )ER( )stnuoccA( )EB( )ER( )stnuoccA( )EB( )ER( )stnuoccA( 01 9 8 7 6 5 4 3 2 1

0.4

0.4

0.4

3.4

2.4

4.4

2.4

2.4

3.4 hsedarP arhdnA .1

8.1

8.1

8.1

1.0

1.0

1.0

7.0

7.0

7.0 hsedarP lahcanurA .2

1.3

1.3

1.3

4.1

5.1

4.1

0.2

1.2

1.2 massA .3

7.9

0.01

1.01

3.2

4.2

5.2

0.5

2.5

3.5 rahiB .4

5.3

4.3

4.3

1.2

1.2

0.2

6.2

6.2

5.2 hragsittahhC .5

4.0

4.0

4.0

4.0

4.0

4.0

4.0

4.0

4.0 aoG .6

5.3

5.3

5.3

2.6

6.6

9.6

2.5

5.5

6.5 tarajuG .7

1.1

1.1

1.1

6.3

7.3

7.3

7.2

7.2

8.2 anayraH .8

8.0

8.0

8.0

6.0

6.0

6.0

7.0

7.0

7.0 hsedarP lahcamiH .9

3.3

3.3

3.3

4.1

5.1

4.1

1.2

2.2

1.2 dnahkrahJ .01

6.3

6.3

6.3

2.8

1.8

4.8

5.6

5.6

6.6 akatanraK .11

0.2

0.2

9.1

6.3

7.3

8.3

0.3

0.3

1.3 alareK .21

9.7

8.7

8.7

3.4

3.4

7.4

6.5

6.5

8.5 hsedarP ayhdaM .31

3.6

3.6

3.6

2.51

4.61

5.51

0.21

7.21

1.21 arthsarahaM .41

7.0

7.0

7.0

1.0

1.0

1.0

3.0

3.0

3.0 rupinaM .51

8.0

8.0

8.0

2.0

2.0

2.0

4.0

4.0

4.0 ayalahgeM .61

5.0

5.0

5.0

1.0

1.0

1.0

2.0

2.0

2.0 maroziM .71

6.0

6.0

6.0

1.0

1.0

1.0

3.0

3.0

3.0 dnalagaN .81

5.4

5.4

5.4

6.2

7.2

8.2

3.3

4.3

4.3 ahsidO .91

8.1

8.1

8.1

5.2

6.2

4.2

2.2

3.2

2.2 bajnuP .02

0.6

0.6

0.6

6.5

4.5

8.4

8.5

6.5

3.5 nahtsajaR .12

4.0

4.0

4.0

1.0

1.0

1.0

2.0

2.0

2.0 mikkiS .22

1.4

1.4

1.4

7.8

6.8

6.8

0.7

0.7

9.6 udaN limaT .32

1.2

1.2

1.2

7.5

8.5

7.5

4.4

4.4

4.4 anagnaleT .42

8.0

8.0

7.0

1.0

1.0

1.0

4.0

4.0

4.0 arupirT .52

9.71

9.71

9.71

6.11

4.9

9.9

9.31

5.21

8.21 hsedarP rattU .62

1.1

1.1

1.1

9.0

0.1

0.1

0.1

0.1

0.1 dnahkarattU .72

5.7

5.7

5.7

4.4

5.4

6.4

5.5

6.5

7.5 lagneB tseW .82 – – –

8.0

9.0

7.0

5.0

6.0

5.0 rimhsaK dna ummaJ .92 – – –

7.2

6.2

8.2

7.1

7.1

7.1 ihleD TCN .03 – – –

2.0

2.0

2.0

1.0

1.0

1.0 yrrehcuduP .13

0.001

0.001

0.001

0.001

0.001

0.001

0.001

0.001

0.001 sTU dna setatS llA .elbacilppa toN :’–‘ .setamitsE tegduB :

EB .setamitsE desiveR : ER .)sTU dna setatS lla( latot ot oitar a sA : ’*‘ .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB : ecruoSState Finances : A Study of Budgets of 2025-26 100 * euneveR xaT–noN :51 tnemetatS )tnec reP( stnarG euneveR xaT–noN nwO euneveR xaT–noN TU/etatS 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 )EB( )ER( )stnuoccA( )EB( )ER( )stnuoccA( )EB( )ER( )stnuoccA( 01 9 8 7 6 5 4 3 2 1

5.4

2.3

6.6

4.4

9.1

3.2

4.4

7.2

0.5 hsedarP arhdnA .1

7.0

0.1

7.0

3.0

3.0

3.0

5.0

8.0

6.0 hsedarP lahcanurA .2

1.4

2.4

2.4

9.1

4.2

8.1

3.3

6.3

3.3 massA .3

5.7

8.7

9.4

9.1

0.2

6.1

4.5

7.5

7.3 rahiB .4

1.2

0.2

1.2

1.5

7.4

7.4

2.3

9.2

1.3 hragsittahhC .5

2.0

2.0

2.0

4.1

6.1

3.1

6.0

7.0

6.0 aoG .6

8.2

7.2

8.4

4.5

4.5

4.7

8.3

7.3

8.5 tarajuG .7

4.1

1.1

6.1

4.2

4.2

5.2

7.1

6.1

9.1 anayraH .8

4.1

2.2

8.2

0.1

1.1

9.0

2.1

8.1

1.2 hsedarP lahcamiH .9

4.2

0.2

7.1

9.5

4.5

2.4

7.3

2.3

7.2 dnahkrahJ .01

2.2

3.2

9.2

8.3

9.3

1.4

8.2

9.2

4.3 akatanraK .11

8.1

1.1

3.2

4.4

8.4

1.5

8.2

4.2

3.3 alareK .21

7.6

2.6

6.6

9.4

9.5

2.6

0.6

1.6

4.6 hsedarP ayhdaM .31

0.7

4.8

8.6

6.7

1.8

5.6

2.7

3.8

7.6 arthsarahaM .41

3.1

9.1

0.1

1.0

1.0

1.0

8.0

3.1

6.0 rupinaM .51

3.1

4.1

1.1

2.0

2.0

2.0

9.0

0.1

7.0 ayalahgeM .61

4.0

6.0

7.0

3.0

3.0

3.0

4.0

5.0

5.0 maroziM .71

1.1

1.1

4.1

1.0

2.0

2.0

8.0

8.0

0.1 dnalagaN .81

7.5

5.5

0.4

8.31

6.51

5.61

8.8

0.9

7.8 ahsidO .91

5.1

7.1

7.2

8.2

9.2

2.2

0.2

1.2

5.2 bajnuP .02

4.5

5.5

3.4

2.6

2.7

8.5

7.5

1.6

8.4 nahtsajaR .12

5.0

4.0

3.0

2.0

3.0

3.0

4.0

4.0

3.0 mikkiS .22

3.3

0.3

8.4

6.6

5.7

1.8

5.4

6.4

0.6 udaN limaT .32

1.3

9.2

9.1

3.7

9.6

4.7

7.4

3.4

0.4 anagnaleT .42

5.1

5.1

7.1

1.0

1.0

1.0

0.1

0.1

1.1 arupirT .52

2.21

7.31

6.01

7.5

6.3

4.4

7.9

2.01

2.8 hsedarP rattU .62

5.2

6.2

7.2

0.1

2.1

4.1

0.2

1.2

2.2 dnahkarattU .72

1.5

1.4

2.4

1.2

9.0

0.1

0.4

0.3

0.3 lagneB tseW .82

1.8

6.8

4.9

4.2

3.2

0.2

0.6

4.6

6.6 rimhsaK dna ummaJ .92

7.1

5.0

4.0

2.0

2.0

3.0

1.1

4.0

4.0 ihleD TCN .03

5.0

6.0

7.0

7.0

8.0

8.0

6.0

6.0

7.0 yrrehcuduP .13

0.001

0.001

0.001

0.001

0.001

0.001

0.001

0.001

0.001 sTU dna setatS llA .elbigilgeN/liN : ’–‘ setamitsE tegduB :

EB setamitsE desiveR : ER )sTU dna setatS lla( latot ot oitar a sA : ’*‘ .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB : ecruoSStatements 101 ertneC eht morf snaoL :61 tnemetatS )erorC ₹( )tnec reP( noitairaV 62-5202 52-4202 42-3202 TU/etatS

5.loC/7.loC

4.loC/6.loC

3.loC/5.loC

2.loC/4.loC )setamitsE tegduB( )setamitsE desiveR( )stnuoccA( teN ssorG teN ssorG *teN ssorG *teN ssorG *teN ssorG 11 01 9 8 7 6 5 4 3 2 1

7.53

6.33

9.603

2.422

0.050,02

0.007,12

6.177,41

0.442,61

0.036,3

1.110,5 hsedarP arhdnA .1

6.34

1.34

8.2-

8.2-

5.262,3

0.882,3

5.272,2

0.892,2

0.833,2

4.363,2 hsedarP lahcanurA .2

7.11

6.11

3.83

7.53

9.120,9

0.090,9

7.870,8

1.741,8

6.938,5

2.500,6 massA .3

5.501-

6.19-

1.22

1.12

2.516-

8.970,1

0.051,11

7.029,21

1.131,9

8.176,01 rahiB .4

7.33-

8.33-

2.58

4.97

0.063,4

0.005,4

7.675,6

0.008,6

4.155,3

3.197,3 hragsittahhC .5

9.23-

4.03-

7.59

2.98

4.418

0.519

4.412,1

0.513,1

5.026

2.596 aoG .6

7.1

0.0

0.281

8.631

9.073,21

0.000,31

3.561,21

0.000,31

5.313,4

2.094,5 tarajuG .7

3.91

4.91

3.1-

6.2-

9.708,1

0.030,2

2.515,1

0.007,1

2.535,1

2.547,1 anayraH .8

6.22-

4.22-

6.7-

9.8-

0.301,1

2.561,1

7.424,1

1.205,1

5.145,1

2.946,1 hsedarP lahcamiH .9

9.51

0.21

6.6-

5.2-

5.971,5

0.006,5

5.964,4

0.000,5

7.487,4

7.621,5 dnahkrahJ .01

9.3-

1.2

2.22

3.51

4.010,5

0.000,7

7.512,5

0.558,6

6.662,4

8.549,5 akatanraK .11

0.45

5.13

1.779,7-

6.992

2.168,3

4.537,4

9.605,2

0.006,3

8.13-

9.009 alareK .21

7.5-

2.5-

4.0

5.1

8.687,11

0.005,41

9.405,21

0.003,51

4.654,21

6.170,51 hsedarP ayhdaM .31

2.43-

9.13-

2.48

8.65

2.918,9

0.963,11

0.719,41

4.296,61

5.890,8

0.646,01 arthsarahaM .41

1.06

5.75

4.421

0.311

3.549,1

0.000,2

3.512,1

0.072,1

5.145

2.695 rupinaM .51

7.12

9.8

3.59-

4.39-

4.67

0.89

8.26

0.09

6.633,1

2.163,1 ayalahgeM .61

2.52

9.81

7.02-

1.51-

2.127

2.167

8.575

0.046

3.627

0.457 maroziM .71

1.001-

7.79-

6.66

8.56

1.1-

8.73

0.816,1

3.246,1

4.179

5.099 dnalagaN .81

1.31-

5.6-

3.23

5.201

0.059,3

0.051,8

3.345,4

3.317,8

7.434,3

9.103,4 ahsidO .91

2.89-

9.27-

3.876-

9.492,1

1.34

0.008

1.383,2

6.459,2

0.214-

8.112 bajnuP .02

0.23

5.82

1.82

6.22

2.558,51

1.662,71

0.010,21

6.934,31

9.173,9

3.959,01 nahtsajaR .12

2.13-

1.13-

1.39

7.19

3.840,1

4.750,1

3.425,1

7.535,1

5.987

9.008 mikkiS .22

4.2-

1.1

8.43-

5.82-

3.413,8

7.938,01

3.815,8

7.427,01

3.370,31

9.499,41 udaN limaT .32

3.96

0.06

5.92

3.82

1.955,3

0.000,4

3.201,2

0.005,2

6.326,1

3.849,1 anagnaleT .42

0.02-

2.02-

7.782

2.272

6.160,2

0.270,2

5.775,2

9.595,2

8.466

5.796 arupirT .52

5.8

4.7

7.51

0.9

8.765,22

3.031,32

3.097,02

0.935,12

9.269,71

0.457,91 hsedarP rattU .62

9.41

7.41

6.82-

8.62-

6.426,1

0.027,1

5.414,1

0.005,1

6.189,1

7.940,2 dnahkarattU .72

6.13-

1.82-

4.711

0.09

5.042,9

0.068,01

5.015,31

0.011,51

2.512,6

9.159,7 lagneB tseW .82

0.51- –

1.0 –

0.301- –

2.121- –

1.121- – rimhsaK dna ummaJ .92

3.942,1-

4.682

3.18- –

3.837,01

0.083,51

3.439-

0.089,3

7.399,4- – ihleD TCN .03

2.32- –

7.23-

0.001-

1.701- –

5.931- –

4.702-

0.23 yrrehcuduP .13

6.0-

7.0-

2.84

1.04

9.663,96,1

7.441,89,1

1.434,07,1

5.906,99,1

5.430,51,1

7.715,24,1 sTU dna setatS llA .esab wol ot eud htworg lamronbA : ’..‘ .elbigilgeN/liN : ’–‘ .ertneC eht ot snaol fo tnemyaper sunim ertneC morf snaol ssorG : * ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :

ecruoSState Finances : A Study of Budgets of 2025-26 102 ertneC eht morf secruoseR fo refsnarT dna noituloveD :71 tnemetatS )erorC ₹( )tnec reP( noitairaV 62-5202 52-4202 42-3202 TU/etatS )setamitsE tegduB( )setamitsE desiveR( )stnuoccA(

5.loC/7.loC

4.loC/6.loC

3.loC/5.loC

2.loC/4.loC teN ssorG teN ssorG *teN ssorG *teN ssorG *teN ssorG 11 01 9 8 7 6 5 4 3 2 1

9.32

5.32

2.6

7.5

5.243,90,1

7.055,11,1

4.052,88

6.092,09

5.901,38

7.324,58 hsedarP arhdnA .1

4.4

4.4

0.22

0.22

6.891,33

4.422,33

2.808,13

6.738,13

1.770,62

9.501,62 hsedarP lahcanurA .2

5.7

5.7

1.22

9.12

5.939,28

7.131,38

1.681,77

0.053,77

8.202,36

6.854,36 massA .3

1.1-

8.0-

8.03

1.03

7.571,19,1

6.071,49,1

9.983,39,1

7.737,59,1

9.698,74,1

3.104,05,1 rahiB .4

2.8

1.8

8.02

5.02

1.731,96

0.005,96

4.078,36

0.003,46

9.568,25

3.563,35 hragsittahhC .5

3.5

2.5

9.12

6.22

9.816,7

6.967,7

1.232,7

8.283,7

9.239,5

3.120,6 aoG .6

8.7

7.7

5.9

9.8

2.580,18

4.384,28

9.381,57

5.795,67

8.346,86

9.033,07 tarajuG .7

0.61

9.51

4.5

2.5

1.070,72

9.863,72

1.133,32

7.806,32

0.721,22

9.544,22 anayraH .8

4.51-

4.51-

9.5

7.5

8.470,32

0.412,32

9.782,72

2.944,72

5.777,52

0.669,52 hsedarP lahcamiH .9

8.31

4.31

7.81

1.91

5.139,86

5.896,96

8.855,06

3.484,16

1.810,15

3.526,15 dnahkrahJ .01

0.7

3.7

9.11

4.11

6.620,27

5.678,47

9.503,76

7.787,96

6.141,06

3.666,26 akatanraK .11

2.72

5.52

4.6

6.6

2.281,54

8.624,64

4.325,53

9.699,63

0.783,33

1.217,43 alareK .21

1.01

7.9

2.51

1.51

5.706,96,1

9.228,47,1

8.060,45,1

9.792,95,1

1.386,33,1

0.844,83,1 hsedarP ayhdaM .31

5.2-

5.2-

6.33

9.13

8.629,84,1

2.637,15,1

8.108,25,1

6.776,55,1

0.483,41,1

2.140,81,1 arthsarahaM .41

6.9-

6.9-

8.96

4.96

0.241,12

2.122,12

0.693,32

5.574,32

8.977,31

5.958,31 rupinaM .51

9.6

9.6

9.32

9.32

3.616,02

0.666,02

9.082,91

5.133,91

8.555,51

3.995,51 ayalahgeM .61

5.2-

8.2-

0.51

4.51

4.730,11

4.290,11

3.023,11

8.704,11

2.248,9

5.788,9 maroziM .71

1.1-

0.1-

8.01

8.01

5.262,61

9.903,61

5.444,61

2.774,61

7.248,41

7.968,41 dnalagaN .81

3.9

0.9

0.33

0.73

5.935,90,1

0.051,41,1

8.012,00,1

3.317,40,1

8.943,57

1.754,67 ahsidO .91

8.2-

2.2-

0.9

6.8

4.260,63

7.970,73

3.101,73

9.929,73

4.030,43

1.819,43 bajnuP .02

7.01

5.01

6.72

8.62

7.037,93,1

8.571,24,1

9.162,62,1

4.266,82,1

7.559,89

1.074,10,1 nahtsajaR .12

3.6

3.6

1.74

0.74

4.981,01

3.502,01

7.185,9

3.995,9

8.115,6

7.925,6 mikkiS .22

4.01

7.01

2.4-

1.3-

2.256,78

3.596,29

6.863,97

0.557,38

3.348,28

3.904,68 udaN limaT .32

2.51

8.41

5.83

6.83

4.031,65

3.286,65

4.427,84

4.683,94

3.291,53

1.426,53 anagnaleT .42

7.4

7.4

2.03

1.03

7.353,42

2.473,42

0.452,32

6.682,32

0.168,71

2.209,71 arupirT .52

7.5

6.5

3.52

7.42

4.703,56,3

3.712,66,3

7.066,54,3

4.387,64,3

8.509,57,2

3.671,87,2 hsedarP rattU .62

4.5

4.5

3.71

3.71

8.286,53

2.058,53

1.958,33

7.420,43

4.758,82

7.100,92 dnahkarattU .72

3.11

1.11

9.12

4.12

6.791,35,1

2.610,55,1

6.796,73,1

2.155,93,1

7.159,21,1

9.599,41,1 lagneB tseW .82

7.0-

8.0-

8.81

7.81

3.305,85

1.426,85

1.329,85

6.170,95

2.616,94

1.477,94 rimhsaK dna ummaJ .92

2.405,5-

6.182

6.39-

0.442

0.885,02

8.574,72

0.183-

5.991,7

9.499,5-

1.390,2 ihleD TCN .03

9.2

7.1

7.8

5.4

8.996,3

2.758,3

6.495,3

0.497,3

5.603,3

0.136,3 yrrehcuduP .13

8.7

7.7

3.12

9.02

5.210,99,22

3.766,34,32

5.980,23,12

8.742,67,12

7.456,75,71

2.012,00,81 sTU dna setatS llA .ertneC eht morf snaol no stnemyap tseretni dna ertneC eht ot snaol fo stnemyaper sunim srefsnart dna noituloved ssorG : * .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :

ecruoSStatements 103 seitilibaiL gnidnatstuO fo noitisopmoC :81 tnemetatS )4202 hcraM–dne ta sA( )erorC ₹( -tuO -nitnoC tisopeD evreseR tnedivorP snaoL lanretnI snaoL snaoL snaoL snaoL snaoL snaoL snaoL AMW FSSN -nepmoC YADU /sLDS TU/etatS gnidnats ycneg dna dnuF dnuF morf tbeD morf morf morf morf morf morf morf morf noitas sSGS seitilibaiL dnuF secnavdA ertneC sknab rehto CDCN dna IBS DRABAN CIG CIL IBR dna sIF dna -utitsni rehto rehto snoit sknab sdnob = 02 91 81 71 61 51 =41 =31 21 11 01 9 8 7 6 5 4 3 2 1 91 ot 41 31+)6 ot 2( 21 ot 7

3.865,29,4

0.05

6.159,82

0.582,7

7.197,92

0.233,33

0.851,39,3

5.306,9

6.52-

3.182 –

6.533,9

5.3

8.8

5.495

5.936,6

0.005,1

0.652,8

5.465,66,3 hsedarP arhdnA .1

3.475,12 –

5.134-

6.887,4

3.372,3

4.155,4

4.293,9

3.896,1

5.52

5.59 –

1.775,1 –

1.0 –

6.140,1 – –

5.256,6 hsedarP lahcanurA .2

8.109,05,1

0.000,2

5.676

6.354,7

3.673,41

6.224,41

7.279,11,1

9.351,9 –

5.31 –

8.241,9

4.2-

0.0 –

8.971,4 – –

0.936,89 massA .3

9.709,92,3

0.053

6.614,93

3.948,3

1.141,9

7.469,04

2.681,63,2

3.968,9

4.8

6.273

1.0-

1.864,9

3.1-

6.12 –

9.881,01 –

0.017,1

0.814,41,2 rahiB .4

3.456,93,1

5.68

2.893,6

7.496,01

7.848,01

9.784,61

2.831,59

4.198,5

3.28

2.7 –

0.187,5

6.0

3.02 –

5.706,2

1.0

1.906

0.030,68 hragsittahhC .5

8.763,23

1.25

1.355,2

3.305

5.724,2

5.515,3

3.613,32

8.324,2

4.146

2.0 –

2.287,1 – – –

5.813,1 – –

0.475,91 aoG .6

7.397,34,4

0.002

8.336,64

7.254,81

8.910,01

9.772,33

4.902,53,3

7.369,81 – –

0.1

7.269,81 – – –

2.832,12

3.2 –

2.500,59,2 tarajuG .7

6.063,93,3

0.454

7.655,41

6.832,21

3.267,81

8.675,21

2.277,08,2

8.075,01

8.098

8.664,3

0.501

2.801,6 – – –

1.253,5 –

0.011,21

4.937,25,2 anayraH .8

2.193,49

0.5

0.646,3

8.972,2

6.733,91

6.386,7

3.934,16

3.827,3 –

1.57 –

2.046,3 –

9.21 –

6.152,3 –

4.213,2

1.741,25 hsedarP lahcamiH .9

2.584,52,1

0.005

9.748,03

7.289,6

4.755,1

0.349,41

1.456,07

7.524,8

8.154-

8.94

0.0

1.228,8

9.0

7.4 –

4.874,4 –

4.788,3

7.268,35 dnahkrahJ .01

7.441,74,6

0.005

0.143,76

3.969,76

5.092,94

0.985,44

9.454,71,4

9.213,8

0.0

6.331-

2.0

0.215,8

3.01-

4.55- –

0.948,8

4.0 –

5.292,00,4 akatanraK .11

0.661,41,4

0.001

2.276,7

7.651,4

2.449,32,1

1.531,12

9.751,75,2

8.959,3

8.114

3.065 –

8.457,2

2.68

6.641 –

0.814,72

1.0 –

0.087,52,2 alareK .21

7.365,70,4

0.589

0.145,02

1.175,72

4.679,61

8.479,85

3.515,28,2

1.328,41

3.031

0.401

4.0

3.985,41

1.0-

9.0- –

3.871,93

4.0

0.888,5

5.526,22,2 hsedarP ayhdaM .31

3.314,05,7

0.051

9.095,59

0.092,41

9.952,03

6.962,74

9.258,26,5

1.828,62

8.937

8.184

0.2

4.506,52

2.0

1.1- –

0.232,33

6.0 –

2.297,20,5 arthsarahaM .41

8.958,81 –

0.344,1

3.159,1

8.954,1

6.948,1

1.651,21

7.458

1.1

1.6

1.0

5.148 –

9.5

5.963

8.063 – –

0.175,01 rupinaM .51

9.009,22

0.505

0.176,1

4.551,1

8.884,2

9.952,3

8.028,31

1.288 –

2.61 –

8.568

0.0 –

9.062

3.863 –

0.001

5.902,21 ayalahgeM .61

6.675,21

1.0

9.581,1

2.067

5.369,1

2.877,1

7.888,6

9.459

9.842

9.6 –

5.168

1.0

5.261- –

8.201 – –

0.138,5 maroziM .71

1.429,91

4.0

6.968

3.427,1

1.783,1

8.870,2

0.468,31

7.973

4.122

3.22 –

3.611

8.81

9.0 –

3.45 – –

0.034,31 dnalagaN .81

6.726,96,1

7.521

0.214,52

0.861,05

4.559,32

6.289,81

8.389,05

4.328,92

0.425,01 –

0.0

8.892,91

6.0 – –

3.067,4 – –

1.004,61 ahsidO .91

4.776,64,3

0.52

8.170,5

9.286,02

3.500,32

6.931,91

8.257,87,2

2.531,52

8.04

9.31

8.290,22

7.789,2 – –

3.763,1

5.133,9 –

1.363,01

6.555,23,2 bajnuP .02

2.372,96,5

0.000,1

7.802,64

7.555,8

4.912,07

9.134,34

5.758,99,3

9.292,11

5.124

4.7 –

4.158,01

9.6

7.5 –

5.484,7

0.694,6

3.757,51

8.628,85,3 nahtsajaR .12

5.419,51

0.1

1.914

2.920,1

3.254,1

3.719,1

5.590,11

6.423

4.0 – –

1.892 –

1.62 –

9.19 – –

0.976,01 mikkiS .22

6.135,34,8

5.441

1.400,99

6.895,9

4.991,53

1.199,65

9.395,24,6

9.951,71

8.06-

7.79

9.394

1.424,61

1.0

9.402 –

8.265,01 –

0.252,81

2.916,69,5 udaN limaT .32

2.450,59,3

3.94

3.011,23

7.591,4

6.168,61

2.473,9

2.364,23,3

4.650,5

6.174-

9.24 –

4.744,5

4.7

3.03

6.999

2.327,4 –

3.831,7

7.545,41,3 anagnaleT .42

2.545,32

0.01

0.801,1

5.640,2

8.064,6

6.099,1

4.929,11

1.297,1

1.1

8.6 –

4.387,1 –

8.0 –

4.895 – –

8.835,9 arupirT .52

2.203,29,7

4.470,1

2.480,12

7.091,71

3.576,06

7.761,84

8.901,44,6

1.535,74

0.014,13

8.79 –

1.720,61

2.0

0.0 –

3.621,03

2.072,5

5.260,42

6.511,73,5 hsedarP rattU .62

7.323,68

2.191

9.264,4

1.837,5

2.176,9

2.288,8

0.873,75

2.925,3

3.1

6.481

5.53

0.103,3

4.5

5.1

1.706

7.135,4 – –

0.017,84 dnahkarattU .72

0.579,55,6

0.741

5.198,35

0.301,12

1.278,32

1.165,33

3.004,32,5

4.973,8

3.926,8

4.182- –

2.23

0.0

6.0- –

4.679,73

3.2 –

2.240,77,4 lagneB tseW .82

0.038,97

0.52

2.838,2

1.708,1

0.661,2

6.818,4

1.571,86

1.130,6-

1.055,6- –

8.95

2.810,1

0.1-

0.855-

1.296-

8.883,2 –

0.616,2

5.398,96 rimhsaK dna ummaJ .92

7.069,11

0.001 – – –

7.068,11 – – – – – – – – – – – – – ihleD TCN .03

3.475,21

5.0

3.286

4.355

4.206

7.945,1

9.581,9

6.183

6.183 – – – – – – – – –

2.408,8 yrrehcuduP .13

8.341,66,48

8.138,8

8.658,16,6

5.577,63,3

2.744,12,6

8.753,32,6

7.478,31,26

8.207,18,2

9.152,74

0.695,5

7.097,22

0.632,60,2

9.511

8.782-

8.605,3

5.534,28,2

5.272,31

2.260,31,1

0.598,91,55 sTU dna setatS llA .seitiruceS tnemnrevoG etatS :sSGS .elbigilgeN/liN : ’–‘ .snaoL tnempoleveD

etatS :sLDS .GAC yb noitailicnocer/noitagitsevni rednu era hcihw stiderc gnidnopserroc tuohtiw stnemyap rof gnitnuocca ot eud ylniam si ecnalab suniM .1 :setoN ,)0.0₹( IBR morf AMW ,)erorc

0.957,5₹( FSSN :swollof sa era hkadaL fo TU fo noitrop denoitroppa-nu dna denoitroppa htob gnidulcni ,seitilibail no atad eht ,rimhsaK dna ummaJ fo TU eht yb detroper sA .2 )710,4₹( sIF dna sknaB morf snaoL ,)erorc 793₹( snoitutitsni rehto morf snaoL ,)erorc 06₹( IBS morf snaoL ,)erorc 969,2₹( DRABAN morf snaoL ,)0.0₹( CIG morf snaoL ,)erorc

0.195₹( CIL morf snaoL seitilibail gnidnatstuo latot dna )erorc 396,9₹( secnavda dna stisopeD ,)erorc 206,4₹( dnuF evreseR ,)erorc 109,72₹( dnuF tnedivorP ,)017₹( ertneC eht morf snaoL ,)erorc

5.582,28₹ tbed lanretnI .ygolodohtem ni sliateD .seitilibail rieht fo noitrop denoitroppa ylno edulcni 81 tnemetats ni atad eht ,noitide siht dna suoiverp eht nI .)erorc

5.612,52,1₹( .aidnI fo tnemnrevoG ,aidnI fo lareneG rotiduA dna rellortpmoC .1 :secruoS .sdroceR knaB evreseR .2 .aidnI fo tnemnrevoG ,AGC ,tnemnrevoG noinU eht fo stnuoccA ecnaniF .3State Finances : A Study of Budgets of 2025-26 104 ).dtnoC( seitilibaiL gnidnatstuO fo noitisopmoC :81 tnemetatS )5202 hcraM–dne ta sA( )erorC ₹( -tuO -nitnoC tisopeD evreseR tnedivorP snaoL lanretnI snaoL snaoL snaoL snaoL snaoL snaoL snaoL AMW FSSN -nepmoC YADU /sLDS TU/etatS gnidnats ycneg dna dnuF dnuF morf tbeD morf morf morf morf morf morf morf morf noitas sSGS seitilibaiL dnuF secnavdA ertneC sknab rehto CDCN dna IBS DRABAN CIG CIL IBR dna sIF dna -utitsni rehto rehto snoit sknab sdnob = 02 91 81 71 61 51 =41 =31 21 11 01 9 8 7 6 5 4 3 2 1 91 ot 41 31+)6 ot 2( 21 ot 7

2.435,56,5

0.05

7.697,82

5.032,7

7.781,13

6.301,84

8.561,05,4

6.121,9

2.13-

3.691

0.0

1.459,8

5.3

1.1-

5.490,2

5.605,5

0.005,1

0.652,8

2.786,32,4 hsedarP arhdnA .1

0.416,52

0.0

9.273-

6.714,5

2.626,3

9.328,6

2.911,01

4.598,1

0.52

4.301

0.0

9.667,1

0.0

0.0

0.0

3.768

0.0

0.0

5.653,7 hsedarP lahcanurA .2

9.850,87,1

0.000,2

9.934,3

6.354,7

4.527,31

4.105,22

7.839,82,1

9.420,31

2.0-

0.9

0.0

5.810,31

4.2-

0.0-

0.0-

8.424,3

0.0

0.0

0.984,21,1 massA .3

8.849,07,3

0.053

6.612,93

3.949,3

1.142,9

6.411,25

2.770,66,2

8.857,01

2.572

6.962

1.0-

8.391,01

3.1-

6.12

0.0

6.003,8

0.0

8.674,1

0.145,54,2 rahiB .4

9.619,56,1

5.68

2.893,6

7.496,01

7.843,11

6.460,32

0.423,41,1

3.426,8

2.59

2.7

0.0

0.105,8

6.0

2.02

0.0

5.741,2

1.0

1.225

0.030,30,1 hragsittahhC .5

7.887,43

1.25

4.547,2

0.208

3.024,2

9.927,4

0.930,42

5.890,3

7.398

3.0

0.0

5.402,2

0.0

0.0

0.0

5.611,1

0.0

0.0

0.428,91 aoG .6

3.404,57,4

0.002

6.619,84

3.405,81

0.181,01

1.344,54

3.951,25,3

9.262,32

0.0

0.0

0.0

9.262,32

0.0

0.0

0.0

9.806,71

3.2

0.0

2.582,11,3 tarajuG .7

5.511,76,3

0.000,1

2.357,31

7.549,21

8.158,81

0.290,41

9.274,60,3

8.565,5

2.131,4-

8.821,2

0.501

2.364,7

0.0

0.0

0.0

7.743,4

0.0

0.029,6

4.936,98,2 anayraH .8

7.042,10,1

0.5

0.646,3

8.972,2

6.786,02

4.801,9

0.415,56

1.746,3

3.272-

8.65

0.0

6.258,3

0.0

1.01

0.0

5.286,2

0.0

4.320,2

1.161,75 hsedarP lahcamiH .9

6.749,82,1

0.005

9.790,23

8.702,7

4.767

5.214,91

9.169,86

3.805,9

2.498-

8.941

0.0

1.742,01

9.0

7.4

0.0

9.807,3

0.0

0.233,3

7.214,25 dnahkrahJ .01

8.769,13,7

0.005

0.723,17

3.124,76

8.819,25

7.408,94

1.699,98,4

9.659,01

0.843

6.331-

2.0

6.038,01

3.01-

0.87-

0.0

1.122,7

4.0

0.0

7.718,17,4 akatanraK .11

7.630,26,4

0.001

2.267,7

8.192,4

0.197,72,1

0.246,32

7.944,89,2

2.747,3

2.772

7.555

0.0

8.277,2

2.68

3.55

0.0

4.659,03

1.0

0.0

0.647,36,2 alareK .21

5.548,26,4

0.589

8.525,61

1.847,42

7.803,41

7.974,17

1.897,43,3

8.454,61

1.601-

4.221

4.0

3.934,61

1.0-

1.1-

0.0

3.326,24

4.0

0.251,5

5.765,07,2 hsedarP ayhdaM .31

7.499,44,8

0.051

9.780,98

0.316,41

0.663,92

6.681,26

1.195,94,6

1.030,82

4.695,2

4.484

0.2

1.849,42

2.0

1.1-

0.0

3.158,72

6.0

0.0

2.907,39,5 arthsarahaM .41

2.222,12

0.0

0.344,1

7.929,1

3.044,1

9.460,3

3.443,31

2.060,1

8.32

1.6

1.0

5.240,1

0.0

4.21-

5.963

7.603

0.0

0.0

0.806,11 rupinaM .51

5.465,32

0.505

2.585,1

4.551,1

6.475,2

7.223,3

6.124,41

3.108

4.051-

8.01

0.0

8.049

0.0

0.0

0.0

3.413

0.0

5.78

5.812,31 ayalahgeM .61

6.745,31

1.0

9.478

2.067

5.246,1

0.453,2

9.519,7

1.060,1

4.342

0.01

0.0

6.479

1.0

0.861-

0.0

8.58

0.0

0.0

0.077,6 maroziM .71

0.211,22

4.0

6.965

3.427,1

1.733,1

8.696,3

9.387,41

9.263

8.781

2.51

0.0

3.041

8.81

8.0

0.0

0.14

0.0

0.0

0.083,41 dnalagaN .81

9.883,59,1

7.521

4.099,32

2.649,74

4.559,42

9.525,32

2.548,47

4.787,63

1.142,41

0.0

0.0

7.545,22

6.0

0.0

0.0-

8.778,3

0.0

0.0

1.081,43 ahsidO .91

7.354,97,3

0.52

6.094,7

6.285,12

8.686,22

6.225,12

0.641,60,3

2.409,12

8.898,1-

0.7

4.014,02

7.583,3

0.0

0.0

3.763,1

1.094,7

0.0

5.322,8

0.161,76,2 bajnuP .02

1.843,03,6

0.000,1

0.293,74

1.684,7

2.082,77

9.144,55

9.747,14,4

7.882,5

2.663,6-

7.3

0.0

6.046,11

9.6

8.3

0.0

8.998,5

0.641,5

5.102,01

8.112,51,4 nahtsajaR .12

5.880,91

0.1

1.934

2.250,1

4.044,1

7.144,3

1.417,21

3.833

3.0

0.0

0.0

0.913

0.0

0.91

0.0

8.57

0.0

0.0

0.003,21 mikkiS .22

0.853,83,9

5.494

7.614,79

8.034,9

7.454,63

4.905,56

0.250,92,7

5.725,51

9.543,2-

6.34

7.127

0.559,61

1.0

1.351

0.0-

7.957,8

0.0

5.079,51

3.497,88,6 udaN limaT .32

5.968,04,4

3.94

0.411,73

4.732,2

2.618,71

5.674,11

2.671,27,3

2.959,3

6.594,1-

4.63

0.0

2.193,5

4.7

8.91

6.999

2.433,3

0.0

1.642,6

1.736,75,3 anagnaleT .42

3.667,62

0.01

0.320,1

5.131,2

8.068,6

1.865,4

9.271,21

6.582,2

1.221

1.0

0.0

4.361,2

0.0

0.0

0.0

4.894

0.0

0.0

8.883,9 arupirT .52

4.841,62,8

4.470,1

0.771,81

0.160,71

0.966,16

0.859,86

9.802,95,6

6.275,44

9.400,72

8.79

0.0

7.964,71

2.0

0.0-

0.0

2.400,52

1.612,4

4.008,02

6.516,46,5 hsedarP rattU .62

9.945,59

2.623

9.107,4

0.306,5

4.499,9

7.692,01

8.726,46

0.925,3

0.1

6.431

5.53

0.153,3

4.5

5.1

1.706

7.187,3

0.0

0.0

0.017,65 dnahkarattU .72

9.890,52,7

0.002

8.849,55

7.356,22

5.860,62

6.170,74

2.651,37,5

5.578,9

8.202,01

8.853-

0.0

2.23

0.0-

6.0-

0.0

4.636,13

3.2

0.0

1.246,13,5 lagneB tseW .82

8.345,88

0.52

2.838,2

1.728,1

0.661,2

5.796,4

2.099,67

7.387,7-

7.636,8-

0.0

8.95

2.554,1

0.1-

9.066-

1.296-

1.045,1

0.0

3.262,2

5.366,18 rimhsaK dna ummaJ .92

4.620,11

0.001

0.0

0.0

0.0

4.629,01

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0 ihleD TCN .03

5.247,31

5.0

4.127

4.355

2.526

2.014,1

7.134,01

8.747

3.916

0.0

0.0

5.821

0.0

0.0

0.0

0.0

0.0

0.0

9.386,9 yrrehcuduP .13

6.342,68,39

8.519,9

2.660,56,6

0.496,23,3

8.334,14,6

9.197,39,7

9.143,34,96

1.310,88,2

4.828,03

6.659,3

0.533,12

6.093,23,2

9.511

3.316-

9.547,4

4.900,15,2

3.868,01

0.474,19

1.132,79,26 sTU dna setatS llA .elbigilgeN/liN : ’–‘ .snaoL tnempoleveD

etatS :sLDS .GAC yb noitailicnocer/noitagitsevni rednu era hcihw stiderc gnidnopserroc tuohtiw stnemyap rof gnitnuocca ot eud ylniam si ecnalab suniM .1 :setoN IBR morf AMW ,)erorc

0.019,4₹( FSSN :swollof sa era hkadaL fo TU fo noitrop denoitroppa-nu dna denoitroppa htob gnidulcni ,seitilibail no atad eht ,rimhsaK dna ummaJ fo TU eht yb detroper sA .2 dna sknaB morf snaoL ,)erorc 173₹( snoitutitsni rehto morf snaoL ,)erorc 06₹( IBS morf snaoL ,)erorc 823,3₹( DRABAN morf snaoL ,)0.0₹( CIG morf snaoL ,)erorc

0.884₹( CIL morf snaoL ,)0.095₹( gnidnatstuo latot dna )erorc 675,9₹( secnavda dna stisopeD ,)erorc 193,5₹( dnuF evreseR ,)erorc 038,72₹( dnuF tnedivorP ,)985₹( ertneC eht morf snaoL ,)erorc

67.276,39₹( tbed lanretnI )742,4₹( sIF .ygolodohtem ni sliateD .seitilibail rieht fo noitrop denoitroppa ylno edulcni 81 tnemetats ni atad eht ,noitide siht dna suoiverp eht nI .)erorc

67.380,73,1₹( seitilibail .aidnI fo tnemnrevoG ,aidnI fo lareneG rotiduA dna rellortpmoC .1 :secruoS .sdroceR knaB evreseR .2 .stnemnrevoG etatS eht fo stnemucoD tegduB .3 .aidnI fo tnemnrevoG ,AGC ,tnemnrevoG noinU eht fo stnuoccA ecnaniF .4Statements 105 ).dlcnoC( seitilibaiL gnidnatstuO fo noitisopmoC :81 tnemetatS )6202 hcraM–dne ta sA( )erorC ₹( -tuO -nitnoC tisopeD evreseR tnedivorP snaoL lanretnI snaoL snaoL snaoL snaoL snaoL snaoL snaoL AMW FSSN -nepmoC YADU /sLDS TU/etatS gnidnats ycneg dna dnuF dnuF morf tbeD morf morf morf morf morf morf morf morf noitas sSGS seitilibaiL dnuF secnavdA ertneC sknab rehto CDCN dna IBS DRABAN CIG CIL IBR dna sIF dna -utitsni rehto rehto snoit sknab sdnob = 02 91 81 71 61 51 =41 =31 21 11 01 9 8 7 6 5 4 3 2 1 91 ot 41 31+)6 ot 2( 21 ot 7

1.164,54,6

0.05

7.022,92

9.664,7

8.722,13

6.351,86

1.243,90,5

1.819,8

1.33-

0.611

0.0

8.738,8

5.3

1.6-

5.490,2

9.515,4

0.005,1

0.652,8

7.750,48,4 hsedarP arhdnA .1

2.188,03

0.0

3.113-

0.870,6

7.619,3

4.680,01

4.111,11

2.731,2

0.52

4.111

0.0

8.000,2

0.0

0.0-

0.0

5.036

0.0

0.0

7.343,8 hsedarP lahcanurA .2

3.806,60,2

0.000,2

2.449,5

6.354,7

7.829,21

2.325,13

7.857,64,1

3.206,51

2.0-

5.4

0.0

5.006,51

4.2-

0.0-

0.0-

3.718,2

0.0

0.0

0.933,82,1 massA .3

8.668,30,4

0.053

6.612,93

3.940,4

1.141,9

4.994,15

3.016,99,2

1.374,11

9.144

1.302

1.0-

0.808,01

3.1-

6.12

0.0

4.168,6

0.0

8.674,1

0.997,97,2 rahiB .4

9.614,98,1

5.68

2.893,6

7.496,01

7.848,11

6.424,72

1.469,23,1

2.791,9

2.851

1.7

0.0

0.110,9

6.0

2.02

0.0

5.786,1

1.0

1.225

2.755,12,1 hragsittahhC .5

5.806,53

1.25

4.026

6.000,1

4.204,2

3.445,5

6.889,52

1.456,3

3.260,1

4.0

0.0

3.195,2

0.0

0.0

0.0

5.419

0.0

0.0

0.024,12 aoG .6

1.933,43,5

0.002

2.327,15

0.806,81

8.003,01

0.418,75

1.396,59,3

4.977,03

0.0

0.0

0.0

4.977,03

0.0

0.0

0.0

6.683,41

3.2

0.0

7.425,05,3 tarajuG .7

0.028,20,4

0.000,1

4.634,31

8.143,31

7.519,81

9.998,51

2.622,04,3

3.167,1

6.661,9-

8.801,2

0.501

1.417,8

0.0

0.0

0.0

5.505,3

0.0

0.029,6

4.930,82,3 anayraH .8

7.900,01,1

0.5

0.646,3

8.972,2

6.788,12

4.112,01

0.089,17

8.892,3

3.945-

6.14

0.0

2.997,3

0.0

2.7

0.0

0.722,2

0.0

4.320,2

9.034,46 hsedarP lahcamiH .9

1.103,14,1

0.005

9.744,23

8.753,7

4.763,1

0.295,42

9.530,57

0.608,01

5.072,1-

8.342

0.0

1.728,11

9.0

7.4

0.0

2.530,3

0.0

0.233,3

7.268,75 dnahkrahJ .01

7.772,41,8

0.005

0.570,96

7.237,85

7.346,65

1.518,45

2.115,47,5

2.881,31

3.648

6.331-

2.0

6.085,21

3.01-

0.59-

0.001-

5.297,5

4.0

0.0

2.036,55,5 akatanraK .11

9.686,60,5

0.001

2.288,7

3.112,3

4.355,23,1

2.305,72

8.634,53,3

2.497,3

2.153

4.664

0.0

4.098,2

2.68

0.0

0.0

7.983,33

1.0

0.0

7.252,89,2 alareK .21

8.210,13,5

0.589

6.105,31

5.098,71

4.785,31

5.662,38

9.187,10,4

1.553,81

1.24-

7.851

4.0

3.932,81

1.0-

1.1-

0.0

2.692,64

4.0

0.251,5

1.879,13,3 hsedarP ayhdaM .31

6.951,73,9

0.051

0.804,48

0.537,41

3.142,82

8.500,27

4.916,73,7

8.534,82

4.577,3

2.784

0.2

0.271,42

2.0

1.1-

0.0

8.479,22

6.0

0.0

2.802,68,6 arthsarahaM .41

8.645,32

0.0

0.344,1

9.798,1

8.024,1

2.010,5

9.477,31

9.446

5.685-

1.6

1.0

5.732,1

0.0

4.21-

5.963

5.252

0.0

0.0

0.805,21 rupinaM .51

3.040,62

0.505

2.585,1

4.551,1

5.766,2

1.993,3

1.827,61

4.888

9.211-

4.5

0.0

8.599

0.0

0.0

0.0

1.172

0.0

5.78

2.184,51 ayalahgeM .61

8.515,41

1.0

9.925

2.357

5.551,1

1.570,3

9.100,9

7.902,1

6.003

3.31

0.0

7.860,1

1.0

1.371-

0.0

2.27

0.0

0.0

0.027,7 maroziM .71

0.264,32

4.0

6.915

3.427,1

1.732,1

7.596,3

9.482,61

4.233

9.931

4.7

0.0

6.561

8.81

7.0

0.0

8.72

0.0

0.0

8.429,51 dnalagaN .81

1.185,51,2

7.521

6.624,22

2.205,54

4.559,52

9.574,72

2.590,49

0.854,14

9.161,51

0.0

0.0

4.592,62

6.0

0.0

0.0-

2.599,2

0.0

0.0

1.246,94 ahsidO .91

8.456,31,4

0.52

0.109,8

7.099,22

4.863,22

8.565,12

0.408,73,3

5.314,81

4.838,3-

0.0-

0.006,81

0.256,3

0.0

0.0

3.763,1

7.839,5

0.0

5.322,8

0.168,30,3 bajnuP .02

0.399,41,7

0.000,1

7.262,74

2.348,8

7.166,48

0.792,17

3.829,10,5

0.813-

3.300,31-

8.0

0.0

2.576,21

9.6

3.2

0.0

0.535,4

0.641,5

5.102,01

8.363,28,4 nahtsajaR .12

0.420,22

0.1

1.934

0.259

7.824,1

9.984,4

3.317,41

9.843

2.0

0.0

0.0

7.433

0.0

0.41

0.0

1.36

0.0

0.0

3.103,41 mikkiS .22

2.858,24,01

5.494

9.614,59

4.876,9

8.607,73

6.328,37

9.737,52,8

1.747,41

8.926,4-

2.41

6.833,1

5.029,71

1.0

6.301

0.0-

0.101,7

0.0

5.079,51

3.919,78,7 udaN limaT .32

8.083,49,4

3.94

1.501,83

3.669,2

1.690,02

6.530,51

4.821,81,4

8.368,2

1.515,2-

4.63

0.0

4.813,5

4.7

7.61

6.999

0.196,1

0.0

1.642,6

9.723,60,4 anagnaleT .42

3.847,03

0.01

0.869

5.681,2

8.062,7

7.926,6

3.396,31

0.672,3

1.123

6.6-

0.0

5.169,2

0.0

0.0

0.0

4.873

0.0

0.0

8.830,01 arupirT .52

1.779,38,8

4.470,1

7.471,41

9.471,61

8.974,26

9.525,19

5.745,89,6

0.668,04

9.995,22

8.79

0.0

1.861,81

2.0

0.0-

0.0

4.998,02

1.612,4

4.008,02

6.567,11,6 hsedarP rattU .62

4.725,80,1

2.673

9.238,4

7.607,5

7.222,01

3.129,11

6.764,57

8.869,3

8.052

6.47

5.53

0.106,3

4.5

5.1

1.706

7.180,3

0.0

0.0

0.018,76 dnahkarattU .72

7.732,09,7

0.002

8.847,55

7.121,32

7.998,72

1.213,65

4.559,62,6

1.360,11

3.864,11

8.634-

0.0

2.23

0.0-

6.0-

0.0

7.572,62

3.2

0.0

4.416,98,5 lagneB tseW .82

1.262,79

0.52

2.838,2

0.268,1

0.691,2

5.495,4

5.647,58

9.019,7-

0.709,9-

0.0

8.952

1.005,2

0.1-

8.267-

1.296-

7.857

0.0

3.262,2

5.823,19 rimhsaK dna ummaJ .92

7.467,12

0.001

0.0

0.0

0.0

7.466,12

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0 ihleD TCN .03

0.798,41

5.0

6.167

4.355

2.736

2.303,1

1.146,11

8.520,1

3.077

0.0

0.0

5.552

0.0

0.0

0.0

0.0

0.0

0.0

3.516,01 yrrehcuduP .13

8.029,72,40,1

8.569,9

4.261,35,6

2.969,81,3

8.653,46,6

8.851,36,9

0.803,81,87

1.872,49,2

4.810,21

1.826,3

5.143,02

0.430,95,2

9.511

7.958-

9.546,4

3.673,32,2

3.868,01

0.474,19

4.566,39,17 sTU dna setatS llA .elbigilgeN/liN : ’–‘ .snaoL tnempoleveD

etatS :sLDS .GAC yb noitailicnocer/noitagitsevni rednu era hcihw stiderc gnidnopserroc tuohtiw stnemyap rof gnitnuocca ot eud ylniam si ecnalab suniM .1 :setoN IBR morf AMW ,)erorc

35.821,4₹( FSSN :swollof sa era hkadaL fo TU fo noitrop denoitroppa-nu dna denoitroppa htob gnidulcni ,seitilibail no atad eht ,rimhsaK dna ummaJ fo TU eht yb detroper sA .2 dna sknaB morf snaoL ,)erorc 643₹( snoitutitsni rehto morf snaoL ,)erorc 062₹( IBS morf snaoL ,)erorc

99.273,4₹( DRABAN morf snaoL ,)0.0₹( CIG morf snaoL ,)erorc

60.683₹( CIL morf snaoL ,)0.0₹( latot dna )erorc 675,9₹( secnavda dna stisopeD ,)erorc 814,5₹( dnuF evreseR ,)erorc 068,72₹( dnuF tnedivorP ,)10.684₹( ertneC eht morf snaoL ,)erorc

85.086,30,1₹( tbed lanretnI ,)erorc 563,5₹( sIF .ygolodohtem ni sliateD .seitilibail rieht fo noitrop denoitroppa ylno edulcni 81 tnemetats ni atad eht ,noitide siht dna suoiverp eht nI .)erorc

95.540,74,1₹( seitilibail gnidnatstuo .aidnI fo tnemnrevoG ,aidnI fo lareneG rotiduA dna rellortpmoC .1 :secruoS .sdroceR knaB evreseR .2 .stnemnrevoG etatS eht fo stnemucoD tegduB .3 .aidnI fo tnemnrevoG ,AGC ,tnemnrevoG noinU eht fo stnuoccA ecnaniF .4State Finances : A Study of Budgets of 2025-26 106 stnemnrevoG etatS fo seitilibaiL gnidnatstuO latoT :91 tnemetatS )hcraM–dne ta sA( )erorC ₹( )EB( 6202 )ER( 5202 4202 3202 2202 1202 0202 9102 8102 7102 6102 5102 4102 3102 2102 1102 0102 9002 8002 TU/etatS 02 91 81 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1

1.164,54,6

2.435,56,5

3.865,29,4

7.889,13,4

5.845,08,3

0.120,35,3

5.176,70,3

0.154,46,2

8.333,92,2

0.382,45,2

2.539,74,1

8.506,22,1

4.202,69,1

6.952,47,1

7.255,05,1

8.505,93,1

8.776,32,1

7.350,01,1

7.478,99 hsedarP arhdnA .1

2.188,03

0.416,52

3.475,12

6.750,81

6.429,51

4.770,41

1.521,21

5.034,8

7.869,6

6.966,5

1.717,5

8.461,6

5.807,4

8.172,4

6.849,3

0.605,3

9.461,3

1.629,5

3.738,2 hsedarP lahcanurA .2

3.806,60,2

9.850,87,1

8.109,05,1

6.302,92,1

3.663,20,1

1.907,98

8.725,37

4.697,95

8.903,94

5.630,44

7.369,14

1.954,53

2.769,03

2.946,92

5.739,72

2.464,62

4.606,52

9.997,22

6.191,02 massA .3

8.668,30,4

8.849,07,3

9.709,92,3

6.214,39,2

7.436,75,2

9.524,72,2

3.435,39,1

4.540,96,1

5.089,65,1

3.960,93,1

8.477,61,1

6.893,99

7.226,88

5.356,77

3.069,76

4.085,36

5.315,95

6.187,55

3.708,25 rahiB .4

9.614,98,1

9.619,56,1

3.456,93,1

0.531,90,1

1.154,60,1

1.610,00,1

7.500,68

5.189,86

5.940,55

0.793,34

9.462,93

4.880,13

6.570,62

0.074,12

4.739,71

9.340,71

2.452,61

7.820,51

4.746,41 hragsittahhC .5

5.806,53

7.887,43

8.763,23

8.493,03

2.902,92

6.216,62

7.546,22

2.005,02

9.146,81

1.309,61

9.056,51

9.680,41

0.772,31

8.352,11

1.159,9

2.065,9

9.824,8

7.941,7

2.246,6 aoG .6

1.933,43,5

3.404,57,4

7.397,34,4

7.149,22,4

8.285,88,3

0.746,36,3

8.153,92,3

1.557,89,2

2.362,86,2

3.753,34,2

4.505,13,2

9.015,20,2

6.715,88,1

2.813,96,1

8.803,15,1

1.510,34,1

0.474,32,1

9.168,90,1

9.723,00,1 tarajuG .7

0.028,20,4

5.511,76,3

6.063,93,3

1.641,90,3

3.354,97,2

0.972,64,2

9.542,91,2

8.536,78,1

1.262,76,1

3.214,94,1

1.458,32,1

4.766,29

8.806,97

4.275,76

8.296,65

1.692,64

3.810,14

2.594,33

0.119,92 anayraH .8

7.900,01,1

7.042,10,1

2.193,49

0.695,68

4.145,37

0.698,86

4.812,26

3.303,45

4.030,15

4.442,74

3.791,14

4.281,83

6.778,33

4.234,92

6.132,82

5.424,62

9.567,32

9.998,12

1.284,91 hsedarP lahcamiH .9

1.103,14,1

6.749,82,1

2.584,52,1

0.425,81,1

1.865,31,1

6.072,90,1

5.405,49

2.878,38

7.585,77

8.943,76

1.940,75

0.247,34

4.048,73

7.850,53

8.553,13

4.792,82

5.579,62

9.320,42

8.143,12 dnahkrahJ .01

7.772,41,8

8.769,13,7

7.441,74,6

1.174,96,5

7.789,30,5

8.305,12,4

7.566,83,3

7.823,68,2

6.059,54,2

1.961,11,2

4.896,58,1

2.073,85,1

5.679,83,1

6.666,21,1

5.980,60,1

6.644,39

5.435,48

9.812,56

1.555,06 akatanraK .11

9.686,60,5

7.630,26,4

0.661,41,4

9.797,78,3

9.630,06,3

2.658,01,3

4.585,76,2

7.547,34,2

4.994,61,2

9.226,19,1

5.172,26,1

8.655,34,1

3.876,52,1

5.669,90,1

1.718,49

0.369,38

2.354,57

9.700,76

5.205,85 alareK .21

8.210,13,5

5.548,26,4

7.365,70,4

9.709,56,3

0.391,52,3

3.958,09,2

0.984,11,2

3.871,59,1

0.731,37,1

7.560,65,1

1.417,72,1

3.357,80,1

0.953,69

4.274,98

8.679,08

0.635,57

3.229,76

0.213,06

6.809,45 hsedarP ayhdaM .31

6.951,73,9

7.499,44,8

3.314,05,7

1.088,06,6

1.704,60,6

2.843,84,5

2.559,08,4

8.148,83,4

4.974,23,4

0.100,69,3

8.044,15,3

2.608,12,3

1.723,90,3

6.900,28,2

3.597,54,2

9.826,03,2

3.534,30,2

9.376,68,1

6.210,26,1 arthsarahaM .41

8.645,32

2.222,12

8.958,81

1.721,71

0.433,51

5.060,31

8.504,11

0.364,01

9.465,9

4.138,8

7.641,8

5.193,7

6.880,7

4.028,6

6.205,6

3.512,6

6.385,5

5.288,4

4.925,4 rupinaM .51

3.040,62

5.465,32

9.009,22

9.489,91

6.729,61

9.407,41

7.023,21

4.843,11

5.751,01

2.442,9

6.425,7

1.219,6

0.685,6

6.162,5

5.763,5

6.443,4

9.349,3

1.007,3

2.812,3 ayalahgeM .61

8.515,41

6.745,31

6.675,21

5.814,11

7.359,01

1.712,01

4.100,9

7.836,7

0.745,7

5.086,6

1.670,7

8.700,7

5.512,6

0.425,5

7.519,4

7.366,4

8.577,3

1.741,4

5.059,3 maroziM .71

0.264,32

0.211,22

1.429,91

4.089,61

5.438,51

0.452,51

1.638,31

5.936,11

2.993,01

2.265,9

4.329,8

2.649,7

0.253,8

8.934,7

6.947,6

1.998,5

9.694,5

6.481,4

6.675,3 dnalagaN .81

1.185,51,2

9.883,59,1

6.726,96,1

4.832,84,1

4.200,93,1

6.932,14,1

3.008,34,1

1.586,50,1

7.560,30,1

4.489,17

9.712,56

6.778,05

8.074,05

1.871,94

9.748,74

2.230,74

2.917,54

9.009,34

1.579,24 ahsidO .91

8.456,31,4

7.354,97,3

4.776,64,3

6.595,02,3

2.329,48,2

0.662,95,2

9.926,92,2

1.049,11,2

1.471,59,1

0.485,28,1

2.031,43,1

2.393,21,1

5.792,20,1

8.182,29

4.858,28

0.287,47

4.977,76

0.925,16

1.497,55 bajnuP .02

0.399,41,7

1.843,03,6

2.372,96,5

5.165,60,5

8.238,36,4

4.100,11,4

0.281,35,3

6.358,11,3

1.366,18,2

1.274,55,2

4.168,90,2

6.090,84,1

3.781,82,1

9.436,81,1

0.216,60,1

9.874,99

8.547,19

2.532,48

4.661,77 nahtsajaR .12

0.420,22

5.880,91

5.419,51

5.543,31

2.284,11

7.556,9

0.459,7

4.058,6

9.019,5

5.886,4

3.833,4

9.994,3

7.243,3

6.989,2

9.687,2

4.054,2

8.384,2

2.810,2

3.507,1 mikkiS .22

2.858,24,01

0.853,83,9

6.135,34,8

5.139,85,7

9.479,76,6

7.298,86,5

8.102,26,4

8.305,10,4

0.636,62,3

2.026,38,2

1.615,82,2

6.016,58,1

8.765,97,1

3.508,25,1

4.726,03,1

6.764,41,1

7.807,10,1

6.351,68

8.688,37 udaN limaT .32

8.083,49,4

5.968,04,4

2.450,59,3

6.727,94,3

9.258,41,3

0.952,17,2

0.814,52,2

7.202,09,1

3.692,06,1

9.028,18

4.325,09

1.856,27 - - - - - - - anagnaleT .42

3.847,03

3.667,62

2.545,32

3.127,22

6.834,22

5.094,12

9.871,81

5.580,51

7.383,31

5.158,11

1.453,01

2.723,9

4.637,8

2.666,7

2.955,6

8.980,6

2.354,5

7.907,4

5.245,4 arupirT .52

1.779,38,8

4.841,62,8

2.203,29,7

3.568,39,6

3.123,64,6

5.901,00,6

2.955,94,5

0.777,76,5

9.485,71,5

2.843,37,4

1.733,58,3

1.270,41,3

7.442,66,2

0.780,44,2

7.473,44,2

7.629,92,2

1.824,60,2

1.767,29,1

7.047,97,1 hsedarP rattU .62

4.725,80,1

9.945,59

7.323,68

3.636,08

1.259,87

9.842,57

7.445,76

6.683,95

1.170,35

0.805,44

5.192,04

8.630,43

2.503,03

8.768,62

1.648,42

7.192,12

0.056,91

2.322,71

6.946,41 dnahkarattU .72

7.732,09,7

9.890,52,7

0.579,55,6

6.353,89,5

9.532,84,5

1.662,79,4

4.097,54,4

9.537,40,4

5.170,17,3

7.016,73,3

6.147,41,3

2.813,77,2

7.110,95,2

7.011,63,2

0.716,31,2

9.919,29,1

8.435,57,1

0.434,05,1

3.224,63,1 lagneB tseW .82

1.262,79

8.345,88

0.038,97

4.566,27

9.801,86

8.357,55

2.917,88

6.677,87

3.788,76

2.969,16

3.601,55

8.422,84

6.818,44

7.325,04

3.696,63

6.641,23

1.121,03

8.670,52

5.201,22 rimhsaK dna ummaJ .92

7.467,12

4.620,11

7.069,11

1.987,51

1.986,51

4.694,9

4.136,3

4.604,3

4.623,3

8.443,33

9.303,33

9.794,23

8.135,23

7.242,92

3.806,92

1.041,03

2.445,62

7.183,52

0.933,52 ihleD TCN .03

0.798,41

5.247,31

3.475,21

1.782,21

0.014,21

6.165,01

5.610,9

2.406,8

6.362,7

8.658,51

1.008,7

0.310,7

8.136,6

3.171,5

1.144,5

2.416,4

4.839,3

2.523,3

1.329,2 yrrehcuduP .13

8.029,72,40,1

6.342,68,39

8.341,66,48

2.686,29,57

8.871,67,86

1.000,55,16

3.617,05,35

5.967,68,74

3.594,29,24

0.955,85,83

8.922,95,23

6.072,34,72

1.724,01,52

6.956,44,22

7.569,82,02

8.037,36,81

0.131,97,61

9.109,89,41

2.465,65,31 sTU dna setatS llA .elbacilppa toN/elbaliava toN :’–‘ .setamitsE tegduB :EB .setamitsE desiveR :ER .’ygolodohteM dna secruoS ataD no seton yrotanalpxE‘ eeS .1 :setoN ,)erorc

0.858,60,1₹( 2202 hcraM-dne ,)erorc

82.043,89₹( 1202 hcraM-dne :swollof sa era hkadaL fo TU fo noitrop denoitroppa-nu dna denoitroppa htob gnidulcni ,seitilibail no atad eht ,rimhsaK dna ummaJ fo TU eht yb detroper sA .2 ylno edulcni 91 tnemetats ni atad eht ,noitide siht dna suoiverp eht nI .)erorc

95.540,74,1₹( 6202 hcraM-dne dna )erorc

67.380,73,1₹( 5202 hcraM-dne ,)erorc

25.612,52,1₹( 4202 hcraM-dne ,)erorc

94.639,90,1₹( 3202 hcraM-dne .ygolodohtem ni sliateD .seitilibail rieht fo noitrop denoitroppa .81 tnemetatS

ni sa emaS :ecruoSStatements 107 PDSG fo tnec rep sA – seitilibaiL gnidnatstuO latoT :02 tnemetatS )hcraM–dne ta sA( )tnec reP( 6202 5202 4202 3202 2202 1202 0202 9102 8102 7102 6102 5102 4102 3102 2102 1102 0102 9002 8002 TU/etatS )EB( )ER( 02 91 81 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1

4.53

5.53

6.43

0.33

6.33

1.63

2.33

3.03

2.92

2.73

5.42

3.32

3.24

4.24

7.93

9.32

9.52

8.52

4.72 hsedarP arhdnA .1

8.95

4.55

3.55

5.15

7.84

1.64

4.04

3.33

0.13

5.82

9.03

3.43

3.23

0.43

7.53

9.83

3.24

2.401

0.95 hsedarP lahcanurA .2

9.72

7.72

4.62

0.72

9.42

4.62

2.12

3.91

4.71

3.71

4.81

1.81

4.71

9.81

5.91

5.32

7.62

1.82

4.82 massA .3

8.63

0.83

7.83

4.93

8.93

1.04

3.33

0.23

5.33

0.33

4.13

0.92

9.72

5.72

5.72

2.13

5.63

2.93

5.64 rahiB .4

8.92

2.92

3.72

8.32

9.52

4.82

0.52

1.12

5.91

5.61

4.71

2.31

6.21

1.21

3.11

3.41

4.61

5.51

3.81 hragsittahhC .5

7.52

1.92

4.03

4.23

0.63

9.53

2.03

5.82

9.62

8.62

4.82

5.92

0.73

5.92

5.32

4.82

9.82

1.82

9.33 aoG .6

9.71

8.71

3.81

2.91

2.02

5.22

4.02

0.02

2.02

9.02

5.22

0.22

3.32

4.32

6.42

4.72

6.82

9.92

5.03 tarajuG .7

9.92

2.03

3.13

7.13

9.13

8.33

7.92

8.62

2.62

6.62

0.52

2.12

9.91

5.91

1.91

8.71

3.81

4.81

7.91 anayraH .8

8.24

6.34

8.44

2.54

1.34

4.54

1.93

6.63

8.63

6.73

1.63

8.63

7.53

5.53

8.83

0.64

3.94

8.25

4.75 hsedarP lahcamiH .9

4.52

5.52

2.72

4.82

2.03

8.63

5.03

4.72

8.82

5.82

6.72

0.02

1.02

1.02

8.02

2.22

8.62

4.72

4.52 dnahkrahJ .01

5.62

4.52

3.52

5.42

3.52

7.52

0.12

4.91

4.81

5.71

8.71

4.71

0.71

2.61

5.71

8.22

0.52

0.12

4.22 akatanraK .11

5.53

2.63

3.63

9.73

9.83

3.04

9.23

9.03

9.03

2.03

9.82

0.82

0.72

7.62

0.62

8.13

5.23

0.33

4.33 alareK .21

3.13

8.03

1.03

9.92

5.92

7.03

8.22

5.32

8.32

0.42

6.32

7.22

9.12

5.32

7.52

7.82

8.92

6.03

0.43 hsedarP ayhdaM .31

0.91

6.81

5.81

1.81

3.91

0.12

1.81

4.71

4.81

0.81

9.71

1.81

8.81

4.91

3.91

0.22

8.32

8.42

7.32 arthsarahaM .41

2.93

7.04

4.04

6.24

8.34

9.34

3.83

2.83

1.73

5.14

7.14

8.04

8.34

6.94

4.05

0.86

6.76

0.66

8.66 rupinaM .51

1.93

8.93

2.34

9.24

1.24

5.34

4.53

3.53

4.43

7.33

0.03

7.92

7.82

1.42

9.62

8.92

0.13

9.13

1.33 ayalahgeM .61

2.33

0.53

7.63

2.73

0.14

7.24

0.63

9.43

9.83

9.83

7.64

9.15

4.06

1.66

7.76

0.37

8.17

6.09

5.301 maroziM .71

0.74

4.94

3.94

6.74

1.94

1.15

6.64

9.34

6.24

0.44

7.54

2.34

3.05

7.25

4.55

2.05

2.25

3.44

3.44 dnalagaN .81

3.02

6.02

7.91

6.91

0.02

1.62

8.62

2.12

4.32

3.81

9.91

2.61

0.71

8.81

7.02

8.32

1.82

6.92

2.33 ahsidO .91

4.64

9.64

5.64

8.64

4.54

9.74

8.24

4.14

4.14

8.24

4.43

7.13

8.03

0.13

1.13

1.33

3.43

4.53

6.63 bajnuP .02

9.53

0.73

4.73

3.73

8.83

4.04

3.53

2.43

8.33

6.33

8.03

1.42

3.32

0.42

5.42

4.92

5.43

5.63

6.93 nahtsajaR .12

6.83

3.63

5.23

3.13

5.03

2.92

3.52

1.42

8.22

7.22

1.42

7.22

1.42

2.42

0.52

1.33

5.04

5.26

0.86 mikkiS .22

2.92

2.03

0.13

7.13

2.23

8.13

5.62

6.42

3.22

8.12

4.91

3.71

5.81

9.71

4.71

6.91

2.12

5.12

1.12 udaN limaT .32

5.72

3.72

0.72

5.62

0.82

8.82

7.32

2.22

4.12

4.21

7.51 – – – – – – – – anagnaleT .42

5.03

3.92

6.82

0.23

0.63

2.04

6.33

3.03

6.03

0.03

8.82

0.43

1.43

4.53

1.43

1.43

4.53

7.43

5.83 arupirT .52

7.82

0.03

9.03

7.03

6.23

6.63

3.23

9.53

9.53

7.63

9.33

0.13

3.82

7.92

8.33

3.83

4.93

3.34

9.64 hsedarP rattU .62

3.52

3.52

9.52

6.72

0.13

4.33

2.82

8.52

1.42

8.22

7.22

1.12

3.02

4.02

5.12

4.52

8.72

7.03

9.13 dnahkarattU .72

9.83

0.04

7.93

5.93

9.04

6.34

8.73

7.63

1.83

7.83

5.93

6.43

7.63

1.93

4.04

9.14

0.44

0.44

6.54 lagneB tseW .82

7.33

4.33

4.33

9.33

1.63

2.33

1.45

3.94

6.84

6.94

0.74

0.94

9.64

5.64

9.64

4.55

3.26

3.95

6.95 rimhsaK dna ummaJ .92

5.1

9.0

1.1

6.1

8.1

3.1

5.0

5.0

5.0

4.5

0.6

6.6

3.7

5.7

6.8

9.11

2.21

4.31

0.61 ihleD TCN .03

9.52

0.62

8.52

4.72

3.03

2.92

4.42

2.52

6.22

6.35

3.92

1.13

3.03

4.72

4.23

2.53

0.23

1.33

6.13 yrrehcuduP .13

2.92

4.82

1.82

2.82

1.92

0.13

6.62

3.52

1.52

1.52

7.32

7.12

0.22

2.22

8.22

5.32

5.52

1.62

6.62 # sTU dna setatS llA .elbacilppa toN/elbaliava toN :’–‘ .setamitsE tegduB :EB .setamitsE desiveR :ER .PDG fo tnec rep sa era sTU/setatS lla rof ataD :# .’ygolodohteM dna secruoS ataD no seton yrotanalpxE‘ eeS .1 :setoN sa era hkadaL fo TU fo noitrop denoitroppa-nu dna denoitroppa htob gnidulcni ,PDSG fo tnec rep sa seitilibail no atad eht ,rimhsaK dna ummaJ fo TU eht yb detroper sA .2 )tnec rep

7.15( 5202 hcraM-dne ,)tnec rep

5.25( 4202 hcraM-dne ,)tnec rep

2.15( 3202 hcraM-dne ,)tnec rep

7.65( 2202 hcraM-dne ,)tnec rep

6.85( 1202 hcraM-dne :swollof .ygolodohtem ni sliateD .seitilibail rieht fo noitrop denoitroppa ylno edulcni 02 tnemetats ni atad eht ,noitide siht dna suoiverp eht nI .)tnec rep

0.15( 6202 hcraM-dne dna .81 tnemetatS ni sa emaS :ecruoSState Finances : A Study of Budgets of 2025-26 Statement 21: Market Borrowings of State Governments (₹ Crore) State/UTs 2023-24 2024-25 2025-26* Gross Amount Repayments Gross Amount Repayments Gross Amount Repayments Raised Raised Raised 1 2 3 4 5 6 7

1. Andhra Pradesh 68,400.0 13,070.5 78,205.1 21,082.4 52,072.0 12,550.0

2. Arunachal Pradesh 902.0 230.0 1,010.0 306.0 575.0 130.0

3. Assam 18,500.0 2,500.0 19,000.0 5,150.0 9,204.0 2,450.0

4. Bihar 47,612.0 17,702.2 47,546.0 16,656.2 36,910.0 5,577.7

5. Chhattisgarh 32,000.0 5,787.0 24,500.0 7,587.0 11,470.0 7,000.0

6. Goa 2,550.0 990.0 1,050.0 800.0 1,200.0 850.0

7. Gujarat 30,500.0 18,552.6 38,200.0 21,920.0 29,500.0 18,460.0

8. Haryana 47,500.0 19,136.2 49,500.0 17,790.0 28,500.0 11,130.0

9. Himachal Pradesh 8,072.0 2,216.2 7,359.0 2,634.1 7,269.0 2,150.0

10. Jharkhand 1,000.0 3,505.3 3,500.0 5,505.3 2,000.0 2,500.0

11. Karnataka 81,000.0 17,997.3 92,025.2 20,500.0 – 12,187.5

12. Kerala 42,438.0 15,800.0 53,666.0 15,700.0 32,488.0 13,250.0

13. Madhya Pradesh 38,500.0 12,236.0 63,400.0 16,194.0 46,076.5 9,500.0

14. Maharashtra 1,10,000.0 30,262.4 1,23,000.0 32,083.0 97,000.0 23,000.0

15. Manipur 1,426.0 350.0 1,500.0 463.0 1,500.0 425.0

16. Meghalaya 1,364.0 452.5 1,882.0 885.5 2,634.0 1,030.0

17. Mizoram 901.0 260.0 1,169.0 230.0 800.0 135.0

18. Nagaland 2,551.0 535.0 1,550.0 600.0 900.0 450.0

19. Odisha – 4,658.0 20,780.0 3,000.0 7,000.0 –

20. Punjab 42,386.1 12,868.6 40,827.9 8,362.1 30,749.8 10,253.7

21. Rajasthan 73,624.0 23,905.7 75,185.0 25,705.7 55,300.0 18,831.9

22. Sikkim 1,916.0 215.0 1,951.0 330.0 1,500.0 225.0

23. Tamil Nadu 1,13,000.7 37,030.7 1,23,625.1 33,731.5 84,300.0 28,500.0

24. Telangana 49,618.0 10,233.5 56,209.0 14,009.9 66,000.0 12,850.0

25. Tripura – 550.0 – 150.0 800.0 500.0

26. Uttar Pradesh 97,650.0 12,315.2 45,000.0 21,815.2 31,515.1 21,709.1

27. Uttarakhand 6,300.0 2,500.0 10,400.0 2,400.0 5,500.0 2,600.0

28. West Bengal 69,910.0 21,000.0 76,500.0 21,900.0 32,465.0 13,200.0

29. Jammu and Kashmir 16,337.5 2,433.8 13,170.0 1,753.8 8,055.0 1,889.8

30. Puducherry 1,100.0 625.0 1,600.0 720.4 900.0 450.0 All States and UTs 10,07,058.3 2,89,918.4 10,73,310.2 3,19,965.0 6,84,183.5 2,33,784.8 *: Data pertain to April 01, 2025 - December 16, 2025.

Source: Reserve Bank records.

108Statements Statement 22: State Government Market Loans (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 ANDHRA PRADESH 58 7.18% ANDHRA SDL 2028 513.47 Loans Bearing Interest 59 7.54% ANDHRA SGS 2029 1,000.00 1 6.0% ANDHRA SDL 2025 1,000.00 60 7.39% ANDHRA SGS 2029 1,000.00 2 5.89% ANDHRA SDL 2025 1,000.00 61 7.7% ANDHRA SGS 2029 958.00 3 8.18% ANDHRA PRA SDL 2025 1,500.00 62 7.6% ANDHRA SGS 2029 1,000.00 4 8.22% ANDHRA PRA SDL 2025 1,000.00 63 7.34% ANDHRA SGS 2029 1,000.00 5 8.33% ANDHRA SDL 2025 1,300.00 64 8.34% ANDHRA SDL 2029 500.00 6 8.31% ANDHRA PRA SDL 2025 1,000.00 65 7.16% ANDHRA SDL 2029 1,200.00 7 8.26% ANDHRA PRA SDL 2025 1,200.00 66 7.31% ANDHRA SDL 2029 1,000.00 8 8.24% ANDHRA SDL 2025 1,000.00 67 7.22% ANDHRA SDL 2029 2,000.00 9 7.98% ANDHRA SDL 2025 1,500.00 68 8.42% ANDHRA SDL 2029 1,000.00 10 8.15% ANDHRA SDL 2025 550.00 69 8.42% ANDHRA SDL 2029 AUG 500.50 11 8.24% ANDHRA SDL 2025 1,500.00 70 7.22% ANDHRA SDL 2029 2,000.00 12 8.25% ANDHRA SDL 2025 500.00 71 7.13% ANDHRA SDL 2029 1,000.00 13 8.29% ANDHRA SDL 2026 2,000.00 72 7.2% ANDHRA SDL 2029 737.76 14 8.39% ANDHRA SDL 2026 1,000.00 73 7.75% ANDHRA SGS 2029 700.00 15 8.72% ANDHRA SDL 2026 1,000.00 74 7.55% ANDHRA SGS 2029 500.00 16 8.57% ANDHRA SDL 2026 1,500.00 75 7.7% ANDHRA SGS 2029 1,000.00 17 8.09% ANDHRA SDL 2026 1,500.00 76 7.29% ANDHRA SDL 2030 1,000.00 18 6.7% ANDHRA SDL 2026 1,000.00 77 7.7% ANDHRA SGS 2030 1,000.00 19 6.39% ANDHRA SDL 2026 1,000.00 78 7.02% ANDHRA SDL 2030 1,000.00 20 8.01% ANDHRA SDL 2026 1,500.00 79 7.06% ANDHRA SDL 2030 1,000.00 21 8.09% ANDHRA SDL 2026 1,500.00 80 7.7% ANDHRA SGS 2030 760.00 22 7.85% ANDHRA SDL 2026 1,000.00 81 7.39% ANDHRA SGS 2030 500.00 23 7.63% ANDHRA SDL 2026 1,000.00 82 7.41% ANDHRA SGS 2030 1,000.00 24 7.23% ANDHRA SDL 2026 1,500.00 83 7.63% ANDHRA SDL 2030 1,000.00 25 7.42% ANDHRA SDL 2026 1,500.00 84 7.51% ANDHRA SDL 2030 1,200.00 26 7.08% ANDHRA SDL 2026 1,000.00 85 6.58% ANDHRA SDL 2030 1,000.00 27 7.25% ANDHRA SDL 2026 1,000.00 86 6.54% ANDHRA SDL 2030 500.00 28 7.14% ANDHRA SDL 2027 1,000.00 87 7.31% ANDHRA SDL 2030 1,000.00 29 7.61% ANDHRA SDL 2027 1,000.00 88 6.57% ANDHRA SDL 2030 1,000.00 30 7.88% ANDHRA SDL 2027 1,000.00 89 6.5% ANDHRA SDL 2030 1,000.00 31 7.62% ANDHRA SDL 2027 1,000.00 90 7.13% ANDHRA SDL 2030 1,000.00 32 6.9% ANDHRA SDL 2027 1,000.00 91 7.25% ANDHRA SDL 2030 1,000.00 33 7.6% ANDHRA SDL 2027 2,000.00 92 8.79% ANDHRA SDL 2030 1,000.00 34 6.35% ANDHRA SDL 2027 1,000.00 93 7.27% ANDHRA SDL 2030 1,000.00 35 7.46% ANDHRA SDL 2027 1,000.00 94 7.19% ANDHRA SDL 2030 1,000.00 36 8.34% ANDHRA SDL 2027 1,000.00 95 7.17% ANDHRA SDL 2030 1,000.00 37 6.48% ANDHRA SDL 2027 500.00 96 8.68% ANDHRA SDL 2030 543.20 38 7.24% ANDHRA SDL 2027 1,200.00 97 6.43% Andhra SDL 2030 1,000.00 39 8.49% ANDHRA SDL 2027 1,000.00 98 7.22% ANDHRA SDL 2030 512.50 40 7.66% ANDHRA SDL 2027 800.00 99 7.2% ANDHRA SDL 2030 560.35 41 7.77% ANDHRA SDL 2028 3,000.00 100 8.43% ANDHRA SDL 2030 500.00 42 8.32% ANDHRA SDL 2028 1,000.00 101 8.37% ANDHRA SDL 2031 1,000.00 43 7.7% ANDHRA SGS 2028 500.00 102 7.64% ANDHRA SGS 2031 450.00 44 7.8% ANDHRA SDL 2028 1,553.10 103 8.39% ANDHRA SDL 2031 1,500.00 45 6.72% ANDHRA SDL 2028 1,000.00 104 7.05% ANDHRA SDL 2031 428.02 46 8.39% ANDHRA SDL 2028 2,000.00 105 7.15% ANDHRA SDL 2031 1,000.00 47 6.55% ANDHRA SDL 2028 1,000.00 106 7.98% ANDHRA SDL 2031 1,000.00 48 8.4% ANDHRA SDL 2028 1,000.00 107 7.43% ANDHRA SGS 2031 1,000.00 49 8.45% ANDHRA SDL 2028 1,000.00 108 8.12% ANDHRA PRADESH SDL 2031 500.00 50 8.56% ANDHRA SDL 2028 563.40 109 7.4% ANDHRA SGS 2031 500.00 51 7.22% ANDHRA SDL 2028 1,000.00 110 7.67% ANDHRA SDL 2031 1,000.00 52 8.42% ANDHRA SDL 2028 1,500.00 111 7.8% ANDHRA SDL 2031 1,000.00 53 8.52% ANDHRA SDL 2028 1,000.00 112 7.8% ANDHRA SDL 2031 500.00 54 7.6% ANDHRA SGS 2028 500.00 113 6.56% ANDHRA SDL 2031 1,000.00 55 7.22% ANDHRA SDL 2028 650.00 114 7.88% ANDHRA SDL 2031 500.00 56 7.5% ANDHRA SGS 2028 500.00 115 7.79% ANDHRA SDL 2031 1,000.00 57 6.4% ANDHRA SDL 2028 1,000.00 116 7.74% ANDHRA SDL 2031 500.00 109State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 117 7.25% ANDHRA SDL 2031 1,000.00 176 7.64% ANDHRA SGS 2033 500.00 118 8.65% ANDHRA SDL 2031 1,000.00 177 6.68% ANDHRA SDL 2033 1,000.00 119 7.42% ANDHRA SDL 2031 1,500.00 178 8.44% ANDHRA SDL 2033 1,000.00 120 7.22% ANDHRA SDL 2031 800.00 179 8.25% ANDHRA SDL 2034 1,039.80 121 7.24% ANDHRA SDL 2031 432.00 180 7.19% ANDHRA SDL 2034 1,000.00 122 7.22% ANDHRA SDL 2031 1,000.00 181 7.07% ANDHRA SGS 2034 1,000.00 123 7.22% ANDHRA SDL 2031 483.00 182 7.14% ANDHRA SDL 2034 1,000.00 124 7.21% ANDHRA SDL 2031 1,000.00 183 7.22% ANDHRA SGS 2034 1,000.00 125 7.71% ANDHRA SGS 2031 500.00 184 6.88% ANDHRA SDL 2034 1,000.00 126 7.74% ANDHRA SGS 2032 1,000.00 185 7.29% ANDHRA SDL 2034 1,000.00 127 8.22% ANDHRA SDL 2032 1,000.00 186 8.06% ANDHRA SDL 2034 1,000.00 128 7.66% ANDHRA SGS 2032 557.00 187 7.36% ANDHRA SGS 2034 1,000.00 129 6.9% ANDHRA SDL 2032 332.00 188 7.9% ANDHRA SDL 2034 1,000.00 130 7.17% ANDHRA SGS 2032 820.06 189 7.94% ANDHRA SDL 2034 500.00 131 7.74% ANDHRA SGS 2032 900.00 190 7.46% ANDHRA SGS 2034 1,000.00 132 7.15% ANDHRA SDL 2032 500.00 191 7.13% ANDHRA SDL 2034 323.00 133 7.73% ANDHRA SGS 2032 1,000.00 192 7.28% ANDHRA SDL 2034 763.00 134 7.7% ANDHRA SGS 2032 1,000.00 193 7.72% ANDHRA SDL 2034 1,000.00 135 7.5% ANDHRA SGS 2032 1,000.00 194 7.45% ANDHRA SGS 2034 1,000.00 136 7.76% ANDHRA SDL 2032 1,000.00 195 7.23% ANDHRA SGS 2034 1,000.00 137 7.71% ANDHRA SDL 2032 1,000.00 196 7.3% ANDHRA SDL 2034 1,000.00 138 7.59% ANDHRA SDL 2032 1,104.00 197 7.71% ANDHRA SGS 2034 500.00 139 7.4% ANDHRA SGS 2032 500.00 198 7.6% ANDHRA SGS 2034 1,000.00 140 7.43% ANDHRA SDL 2032 887.90 199 7.04% ANDHRA SDL 2034 1,000.00 141 6.48% ANDHRA SDL 2032 1,000.00 200 6.79% Andhra SDL 2034 1,000.00 142 7.47% ANDHRA SGS 2032 1,000.00 201 7.14% ANDHRA SGS 2034 1,000.00 143 7.4% ANDHRA SDL 2032 2,500.00 202 7.1% ANDHRA SGS 2034 1,237.00 144 7.18% ANDHRA SDL 2032 1,000.00 203 7.24% ANDHRA SDL 2035 1,000.00 145 7.22% ANDHRA SDL 2032 1,000.00 204 7.69% ANDHRA SGS 2035 1,000.00 146 8.6% ANDHRA SDL 2032 1,000.00 205 6.89% ANDHRA SDL 2035 1,000.00 147 8.6% ANDHRA SDL 2032 OCT 1,000.00 206 7.08% ANDHRA SGS 2035 1,000.00 148 8.55% ANDHRA SDL 2032 1,000.00 207 7.22% ANDHRA SGS 2035 1,000.00 149 8.55% ANDHRA SDL 2032 NOV 1,000.00 208 6.88% ANDHRA SDL 2035 1,000.00 150 8.5% ANDHRA SDL 2032 1,000.00 209 7.09% ANDHRA SGS 2035 1,148.00 151 7.73% ANDHRA SGS 2032 1,000.00 210 8.18% ANDHRA SDL 2035 1,000.00 152 7.59% ANDHRA SGS 2033 1,000.00 211 6.96% ANDHRA SDL 2035 1,000.00 153 7.24% ANDHRA SDL 2033 1,000.00 212 7.38% ANDHRA SGS 2035 1,000.00 154 7.18% ANDHRA SDL 2033 1,000.00 213 8.03% ANDHRA SDL 2035 1,000.00 155 7.71% ANDHRA SGS 2033 1,000.00 214 7.39% ANDHRA SGS 2035 500.00 156 7.04% ANDHRA SGS 2033 400.00 215 7.34% ANDHRA SGS 2035 1,000.00 157 7.8% ANDHRA SDL 2033 520.00 216 7.12% ANDHRA SDL 2035 1,000.00 158 7.71% ANDHRA SGS 2033 1,000.00 217 7.43% ANDHRA SGS 2035 1,000.00 159 8.06% ANDHRA SDL 2033 500.00 218 6.55% ANDHRA SDL 2035 1,000.00 160 7.39% ANDHRA SGS 2033 500.00 219 7.72% ANDHRA SGS 2035 500.00 161 7.45% ANDHRA SGS 2033 500.00 220 7.05% ANDHRA SDL 2035 1,000.00 162 7.37% ANDHRA SGS 2033 1,000.00 221 6.68% ANDHRA SDL 2035 1,000.00 163 7.9% ANDHRA SDL 2033 500.00 222 6.86% ANDHRA SDL 2035 500.00 164 7.33% ANDHRA SGS 2033 500.00 223 7.82% ANDHRA SGS 2035 1,000.00 165 7.93% ANDHRA SDL 2033 500.00 224 7.27% ANDHRA SDL 2035 500.00 166 7.37% ANDHRA SGS 2033 1,000.00 225 6.87% ANDHRA SDL 2035 1,000.00 167 8.42% ANDHRA SDL 2033 1,000.00 226 7.08% ANDHRA SDL 2035 500.00 168 6.49% ANDHRA SDL 2033 1,000.00 227 7.77% ANDHRA SGS 2035 1,000.00 169 7.45% ANDHRA SGS 2033 1,000.00 228 6.68% ANDHRA SDL 2035 1,000.00 170 7.17% ANDHRA SDL 2033 1,000.00 229 7.14% ANDHRA SDL 2035 250.00 171 7.44% ANDHRA SGS 2033 1,000.00 230 7.74% ANDHRA SGS 2036 1,000.00 172 8.71% ANDHRA SDL 2033 1,000.00 231 7.15% ANDHRA SDL 2036 1,000.00 173 8.62% ANDHRA SDL 2033 1,000.00 232 7.71% ANDHRA SGS 2036 1,000.00 174 6.55% ANDHRA SDL 2033 1,000.00 233 7.49% ANDHRA SGS 2036 500.00 175 7.86% ANDHRA SGS 2033 713.00 234 7.2% ANDHRA SGS 2036 1,000.00 110Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 235 7.28% ANDHRA SGS 2036 1,600.00 294 7.0% ANDHRA SDL 2038 1,000.00 236 7.07% ANDHRA SGS 2036 1,000.00 295 7.36% ANDHRA SGS 2038 500.00 237 8.18% ANDHRA SDL 2036 1,000.00 296 7.95% ANDHRA SDL 2038 500.00 238 7.53% ANDHRA SGS 2036 1,000.00 297 7.19% ANDHRA SDL 2038 1,000.00 239 6.96% ANDHRA SDL 2036 1,000.00 298 7.36% ANDHRA SGS 2038 1,000.00 240 8.07% ANDHRA SDL 2036 1,000.00 299 8.02% ANDHRA SDL 2038 1,000.00 241 7.13% ANDHRA SDL 2036 1,000.00 300 6.5% ANDHRA SDL 2038 1,000.00 242 7.37% ANDHRA SGS 2036 1,000.00 301 7.74% ANDHRA SGS 2038 500.00 243 7.14% ANDHRA SDL 2036 750.00 302 7.46% ANDHRA SGS 2038 1,000.00 244 8.03% ANDHRA SDL 2036 1,000.00 303 6.87% ANDHRA SDL 2038 1,000.00 245 7.97% ANDHRA SDL 2036 1,000.00 304 7.48% ANDHRA SGS 2038 1,000.00 246 7.62% ANDHRA SDL 2036 400.00 305 6.93% ANDHRA SDL 2038 500.00 247 7.24% ANDHRA SGS 2036 1,000.00 306 7.11% ANDHRA SGS 2038 1,000.00 248 6.85% ANDHRA SDL 2036 1,000.00 307 7.67% ANDHRA SGS 2038 450.00 249 6.98% ANDHRA SDL 2036 1,000.00 308 6.77% ANDHRA SDL 2038 1,000.00 250 7.44% ANDHRA SGS 2036 1,000.00 309 7.0% ANDHRA SDL 2038 500.00 251 7.13% ANDHRA SDL 2036 1,000.00 310 7.72% ANDHRA SGS 2038 500.00 252 7.72% ANDHRA SGS 2036 1,000.00 311 7.11% ANDHRA SGS 2038 1,500.00 253 7.02% ANDHRA SDL 2036 500.00 312 7.7% ANDHRA SGS 2038 500.00 254 7.74% ANDHRA SGS 2036 500.00 313 7.17% ANDHRA SGS 2039 2,000.00 255 6.65% ANDHRA SDL 2036 1,000.00 314 6.64% ANDHRA SDL 2039 1,000.00 256 7.17% ANDHRA SGS 2037 1,500.00 315 7.49% ANDHRA SGS 2039 1,000.00 257 6.63% ANDHRA SDL 2037 1,000.00 316 7.44% ANDHRA SGS 2039 500.00 258 7.68% ANDHRA SGS 2037 500.00 317 7.44% ANDHRA SGS 2039 900.00 259 6.87% ANDHRA SDL 2037 1,000.00 318 7.13% ANDHRA SDL 2039 1,000.00 260 7.22% ANDHRA SDL 2037 1,314.00 319 6.78% ANDHRA SDL 2039 1,000.00 261 7.08% ANDHRA SGS 2037 2,000.00 320 8.18% ANDHRA SDL 2039 1,000.00 262 8.18% ANDHRA SDL 2037 1,000.00 321 6.9% ANDHRA SDL 2039 1,000.00 263 7.47% ANDHRA SGS 2037 1,000.00 322 7.35% ANDHRA SGS 2039 1,000.00 264 7.45% ANDHRA SDL 2037 390.00 323 7.01% ANDHRA SDL 2039 1,000.00 265 7.47% ANDHRA SGS 2037 500.00 324 7.43% ANDHRA SGS 2039 500.00 266 6.94% ANDHRA SDL 2037 1,000.00 325 7.95% ANDHRA SDL 2039 500.00 267 7.36% ANDHRA SGS 2037 1,000.00 326 7.52% ANDHRA SGS 2039 1,000.00 268 7.85% ANDHRA SDL 2037 500.00 327 7.97% ANDHRA SDL 2039 1,000.00 269 7.12% ANDHRA SDL 2037 1,000.00 328 7.33% ANDHRA SGS 2039 1,000.00 270 7.15% ANDHRA SDL 2037 1,000.00 329 6.6% ANDHRA SDL 2039 1,000.00 271 8.04% ANDHRA SDL 2037 1,000.00 330 7.71% ANDHRA SGS 2039 500.00 272 7.14% ANDHRA SDL 2037 1,000.00 331 6.68% ANDHRA SDL 2039 1,000.00 273 7.71% ANDHRA SGS 2037 500.00 332 7.0% ANDHRA SDL 2039 1,000.00 274 7.25% ANDHRA SGS 2037 1,000.00 333 7.0% ANDHRA SDL 2039 1,000.00 275 7.51% ANDHRA SDL 2037 3,000.00 334 7.09% ANDHRA SDL 2039 1,000.00 276 7.1% ANDHRA SDL 2037 1,000.00 335 6.91% ANDHRA SDL 2039 1,000.00 277 7.66% ANDHRA SGS 2037 500.00 336 7.15% ANDHRA SGS 2039 1,000.00 278 7.02% ANDHRA SDL 2037 500.00 337 7.0% ANDHRA SDL 2039 500.00 279 7.76% ANDHRA SGS 2037 500.00 338 7.11% ANDHRA SGS 2039 1,500.00 280 7.71% ANDHRA SGS 2037 1,000.00 339 7.18% ANDHRA SDL 2040 1,000.00 281 7.17% ANDHRA SGS 2038 1,500.00 340 7.16% ANDHRA SGS 2040 2,000.00 282 7.24% ANDHRA SDL 2038 500.00 341 7.13% ANDHRA SDL 2040 1,000.00 283 7.67% ANDHRA SGS 2038 1,000.00 342 7.77% ANDHRA SGS 2040 1,000.00 284 7.11% ANDHRA SGS 2038 1,000.00 343 7.34% ANDHRA SDL 2040 1,000.00 285 7.37% ANDHRA SDL 2038 1,000.00 344 7.49% ANDHRA SGS 2040 1,000.00 286 7.45% ANDHRA SGS 2038 500.00 345 6.91% ANDHRA SDL 2040 1,000.00 287 7.48% ANDHRA SDL 2038 1,000.00 346 7.38% ANDHRA SGS 2040 500.00 288 6.78% ANDHRA SDL 2038 1,000.00 347 7.45% ANDHRA SGS 2040 500.00 289 8.18% ANDHRA SDL 2038 1,000.00 348 7.04% ANDHRA SDL 2040 1,000.00 290 7.52% ANDHRA SDL 2038 1,000.00 349 7.35% ANDHRA SGS 2040 500.00 291 7.46% ANDHRA SGS 2038 500.00 350 7.95% ANDHRA SDL 2040 500.00 292 6.94% ANDHRA SDL 2038 1,000.00 351 7.95% ANDHRA SDL 2040 1,000.00 293 7.3% ANDHRA SGS 2038 1,000.00 352 7.33% ANDHRA SGS 2040 1,000.00 111State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 353 7.45% ANDHRA SGS 2040 1,000.00 411 7.15% ANDHRA SGS 2042 1,000.00 354 7.96% ANDHRA SDL 2040 500.00 412 7.69% ANDHRA SGS 2042 500.00 355 6.6% ANDHRA SDL 2040 1,000.00 413 7.7% ANDHRA SGS 2043 1,000.00 356 6.77% ANDHRA SDL 2040 250.00 414 7.52% ANDHRA SGS 2043 1,000.00 357 7.44% ANDHRA SGS 2040 1,000.00 415 7.69% ANDHRA SGS 2043 500.00 358 7.58% ANDHRA SGS 2040 500.00 416 7.46% ANDHRA SGS 2043 1,000.00 359 7.45% ANDHRA SGS 2040 500.00 417 7.42% ANDHRA SGS 2043 500.00 360 6.87% ANDHRA SDL 2040 500.00 418 7.37% ANDHRA SGS 2043 1,000.00 361 7.03% ANDHRA SDL 2040 1,000.00 419 7.32% ANDHRA SGS 2043 1,000.00 362 7.85% ANDHRA SGS 2040 500.00 420 7.33% ANDHRA SGS 2043 1,000.00 363 7.08% ANDHRA SDL 2040 500.00 421 7.42% ANDHRA SGS 2043 1,000.00 364 7.18% ANDHRA SGS 2040 1,000.00 422 7.46% ANDHRA SGS 2043 1,000.00 365 7.14% ANDHRA SDL 2040 1,000.00 423 7.33% ANDHRA SGS 2043 1,000.00 366 6.65% ANDHRA SDL 2040 1,000.00 424 7.44% ANDHRA SGS 2043 1,000.00 367 6.65% ANDHRA SDL 2041 1,000.00 425 7.4% ANDHRA SGS 2043 1,000.00 368 7.46% ANDHRA SGS 2041 500.00 426 7.61% ANDHRA SGS 2043 500.00 369 7.13% ANDHRA SDL 2041 1,000.00 427 7.17% ANDHRA SGS 2043 1,000.00 370 7.46% ANDHRA SGS 2041 1,000.00 428 7.7% ANDHRA SGS 2043 500.00 371 7.51% ANDHRA SGS 2041 1,000.00 429 7.6% ANDHRA SGS 2044 1,000.00 372 7.78% ANDHRA SDL 2041 1,000.00 430 7.48% ANDHRA SGS 2044 1,000.00 373 7.4% ANDHRA SGS 2041 1,000.00 431 7.46% ANDHRA SGS 2044 1,000.00 374 7.04% ANDHRA SDL 2041 1,000.00 432 7.48% ANDHRA SGS 2044 1,000.00 375 8.04% ANDHRA SDL 2041 1,000.00 433 7.49% ANDHRA SGS 2044 1,000.00 376 7.42% ANDHRA SGS 2041 500.00 434 7.42% ANDHRA SGS 2044 500.00 377 7.36% ANDHRA SGS 2041 1,000.00 435 7.38% ANDHRA SGS 2044 1,000.00 378 7.43% ANDHRA SGS 2041 1,000.00 436 7.43% ANDHRA SGS 2044 1,000.00 379 7.92% ANDHRA SDL 2041 1,000.00 437 7.31% ANDHRA SGS 2044 1,000.00 380 7.14% ANDHRA SDL 2041 1,000.00 438 7.34% ANDHRA SGS 2044 1,000.00 381 7.27% ANDHRA SGS 2041 1,000.00 439 7.25% ANDHRA SGS 2044 1,000.00 382 7.02% ANDHRA SDL 2041 1,000.00 440 7.14% ANDHRA SGS 2044 1,000.00 383 7.46% ANDHRA SGS 2041 1,000.00 441 7.42% ANDHRA SGS 2045 1,000.00 384 6.94% ANDHRA SDL 2041 500.00 442 7.36% ANDHRA SGS 2045 1,000.00 385 7.5% ANDHRA SGS 2041 1,000.00 443 7.42% ANDHRA SGS 2046 1,000.00 386 7.14% ANDHRA SDL 2041 1,000.00 444 7.43% ANDHRA SGS 2046 1,000.00 387 7.72% ANDHRA SGS 2041 500.00 445 7.23% ANDHRA SGS 2046 1,000.00 388 6.92% ANDHRA SDL 2041 1,000.00 389 7.14% ANDHRA SDL 2041 1,000.00 446 7.41% ANDHRA SGS 2047 1,000.00 390 7.22% ANDHRA SDL 2042 1,000.00 447 7.25% ANDHRA SGS 2047 1,000.00 391 7.7% ANDHRA SGS 2042 600.00 448 7.16% ANDHRA SGS 2047 1,000.00 392 7.37% ANDHRA SDL 2042 1,000.00 449 7.15% ANDHRA SGS 2047 1,000.00 393 7.31% ANDHRA SDL 2042 1,000.00 450 7.34% ANDHRA SGS 2048 1,000.00 394 7.44% ANDHRA SDL 2042 943.00 451 7.36% ANDHRA SGS 2048 1,000.00 395 7.46% ANDHRA SGS 2042 500.00 452 7.14% ANDHRA SGS 2048 1,000.00 396 7.52% ANDHRA SDL 2042 1,000.00 453 7.34% ANDHRA SGS 2049 1,000.00 397 7.43% ANDHRA SGS 2042 1,000.00 454 7.38% ANDHRA SGS 2049 1,000.00 398 7.78% ANDHRA SDL 2042 1,000.00 455 7.34% ANDHRA SGS 2049 1,000.00 399 7.43% ANDHRA SGS 2042 1,000.00 Total [A] 423,687.1 400 7.33% ANDHRA SGS 2042 500.00 Special Securities 401 8.04% ANDHRA SDL 2042 1,000.00 1 7.23% ANDHRA UDAY BOND 2026 29.33 402 7.92% ANDHRA SDL 2042 500.00 2 7.34% ANDHRA UDAY BOND 2026 950.00 403 7.92% ANDHRA SDL 2042 1,000.00 3 7.35% ANDHRA UDAY BOND 2026 66.67 404 7.43% ANDHRA SGS 2042 1,000.00 4 7.37% ANDHRA UDAY BOND 2026 183.34 405 7.82% ANDHRA SDL 2042 1,000.00 5 6.88% ANDHRA UDAY BOND 2026 880.01 406 7.71% ANDHRA SGS 2042 1,000.00 6 7.23% ANDHRA UDAY BOND 2027 29.33 407 7.58% ANDHRA SGS 2042 500.00 7 7.34% ANDHRA UDAY BOND 2027 950.00 408 7.45% ANDHRA SGS 2042 500.00 8 7.35% ANDHRA UDAY BOND 2027 66.67 409 7.74% ANDHRA SGS 2042 1,000.00 9 7.37% ANDHRA UDAY BOND 2027 183.34 410 7.66% ANDHRA SGS 2042 1,000.00 10 7.23% ANDHRA UDAY BOND 2028 29.33 112Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 11 7.34% ANDHRA UDAY BOND 2028 950.00 27 7.11% ARUNACHAL PR SGS 2044 395.00 12 7.35% ANDHRA UDAY BOND 2028 66.67 28 7.24% ARUNACHAL PR SGS 2045 215.00 13 7.37% ANDHRA UDAY BOND 2028 183.34 Total [A] 7,356.50 14 8.49% ANDHRA PR SPL BONDS 2029 525.00 ASSAM 15 8.50% ANDHRA PR SPL BONDS 2029 975.00 Loans Bearing Interest 16 7.23% ANDHRA UDAY BOND 2029 29.33 1 8.06% ASSAM SDL 2025 950.00 17 7.34% ANDHRA UDAY BOND 2029 950.00 2 6.05% ASSAM SDL 2025 500.00 18 7.35% ANDHRA UDAY BOND 2029 66.67 3 6.04% ASSAM SDL 2025 500.00 19 7.37% ANDHRA UDAY BOND 2029 183.34 4 5.32% ASSAM SDL 2025 500.00 20 7.23% ANDHRA UDAY BOND 2030 29.33 5 5.32% ASSAM SDL 2026 500.00 21 7.34% ANDHRA UDAY BOND 2030 950.00 6 8.43% ASSAM SDL 2026 950.00 7 6.19% ASSAM SDL 2026 500.00 22 7.35% ANDHRA UDAY BOND 2030 66.67 8 8.55% ASSAM SDL 2026 900.00 23 7.37% ANDHRA UDAY BOND 2030 183.34 9 6.21% ASSAM SDL 2026 500.00 24 7.23% ANDHRA UDAY BOND 2031 29.35 10 8.63% ASSAM SDL 2026 350.00 25 7.34% ANDHRA UDAY BOND 2031 950.00 11 6.43% ASSAM SDL 2026 500.00 26 7.35% ANDHRA UDAY BOND 2031 66.65 12 6.33% ASSAM SDL 2026 500.00 27 7.37% ANDHRA UDAY BOND 2031 183.30 13 6.25% ASSAM SDL 2026 500.00 Total [B] 9,756.0 14 7.23% ASSAM SDL 2026 500.00 Total [A+B] 433,443.07 15 6.09% ASSAM SDL 2026 500.00 Loans not bearing interest 16 7.42% ASSAM SDL 2026 500.00 1 14.00% A.P. S.D 2005 0.06 17 6.97% ASSAM SDL 2026 412.79 2 13.00% A.P. SDL 2007 0.00 18 6.04% ASSAM SDL 2026 500.00 3 12.00% A.P. SDL 2011 0.00 19 7.1% ASSAM SDL 2026 1,000.00 4 11.50% A.P. SDL 2011 0.00 20 7.22% ASSAM SDL 2026 677.21 5 11.50% A.P. SDL 2010 0.00 21 6.33% ASSAM SDL 2026 600.00 6 11.50% A.P. SDL 2009 0.01 22 6.7% ASSAM SDL 2027 500.00 7 11.50% A.P. SDL 2008 0.01 23 7.55% ASSAM SDL 2027 700.00 Total [C] 0.09 24 7.15% ASSAM SDL 2027 300.00 Total [A+B+C] 433,443.16 25 7.29% ASSAM SDL 2027 530.00 ARUNACHAL PRADESH 26 7.53% ASSAM SDL 2027 500.00 Loans Bearing Interest 27 7.3% ASSAM SDL 2027 500.00 1 8.07% ARUNACHAL PR SDL 2025 80.00 28 7.26% ASSAM SDL 2027 531.58 2 8.08% ARUNACHAL PR SDL 2025 50.00 29 7.3% ASSAM SDL 2027 418.42 3 7.96% ARUNACHAL PR SDL 2026 75.00 30 7.61% ASSAM SDL 2027 600.00 4 7.09% ARUNACHAL PR 2026 250.00 31 7.67% ASSAM SDL 2027 600.00 5 7.6% ARUNACHALPRADESH SDL 2027 128.00 32 7.73% ASSAM SDL 2027 567.25 6 7.62% ARUNACHALPRADESH SDL 2027 250.00 33 8.08% ASSAM SDL 2028 500.00 7 7.22% ARUNACHAL PR SDL 2027 150.00 34 8.2% ASSAM SDL 2028 500.00 8 8.41% ARUNACHAL PR SDL 2028 250.00 35 8.05% ASSAM SDL 2028 500.00 9 8.12% ARUNACHAL PR SDL 2028 237.50 36 8.29% ASSAM SDL 2028 500.00 37 8.36% ASSAM SDL 2028 500.00 10 7.8% ARUNACHAL PR SDL 2028 400.00 38 8.29% ASSAM SDL 2028 512.75 11 8.17% ARUNACHAL PR SDL 2029 319.00 39 7.97% ASSAM SDL 2028 1,000.00 12 8.23% ARUNACHAL PR SDL 2029 211.00 40 7.97% ASSAM SDL 2028 APR 500.00 13 7.31% ARUNACHAL PR SDL 2029 261.00 41 8.54% ASSAM SDL 2028 500.00 14 6.99% ARUNACHAL PR SDL 2030 87.00 42 8.42% ASSAM SDL 2028 500.00 15 7.2% ARUNACHAL PR SDL 2030 807.00 43 8.41% ASSAM SDL 2028 500.00 16 8.0% ARUNACHAL PR SDL 2030 400.00 44 8.42% ASSAM SDL 2028 AUG 500.00 17 7.64% ARUNACHAL PR SDL 2030 28.00 45 7.54% ASSAM SDL 2028 800.00 18 6.54% ARUNACHAL PR SDL 2030 53.00 46 8.54% ASSAM SDL 2028 AUG 500.00 19 6.85% ARUNACHAL PR SDL 2031 286.00 47 7.47% ASSAM SGS 2028 250.00 20 6.84% ARUNACHAL PR SDL 2031 400.00 48 8.75% ASSAM SDL 2028 400.00 21 7.27% ARUNACHAL PR SDL 2032 163.00 49 7.54% ASSAM SGS 2028 500.00 22 7.62% ARUNACHAL PR SGS 2032 559.00 50 7.53% ASSAM SGS 2029 500.00 23 7.68% ARUNACHAL PR SGS 2033 500.00 51 8.19% ASSAM SDL 2029 500.00 24 7.63% ARUNACHAL PR SGS 2033 170.00 52 8.34% ASSAM SDL 2029 1,000.00 25 7.41% ARUNACHAL PR SGS 2034 232.00 53 6.85% ASSAM SDL 2029 500.00 26 7.16% ARUNACHAL PR SGS 2044 400.00 54 8.45% ASSAM SDL 2029 500.00 113State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 55 6.9% ASSAM SDL 2029 500.00 112 7.09% ASSAM SDL 2032 500.00 56 7.15% ASSAM SDL 2029 500.00 113 7.12% ASSAM SDL 2032 600.00 57 7.1% ASSAM SDL 2029 700.00 114 7.33% ASSAM SDL 2032 600.00 58 7.13% ASSAM SDL 2029 500.00 115 7.86% ASSAM SDL 2032 1,000.00 59 7.3% ASSAM SDL 2029 500.00 116 7.85% ASSAM SDL 2032 500.00 60 7.23% ASSAM SDL 2029 500.00 117 7.82% ASSAM SDL 2032 1,000.00 61 7.23% ASSAM SDL 2029 500.00 118 7.83% ASSAM SDL 2032 1,000.00 62 7.27% ASSAM SDL 2029 500.00 119 7.68% ASSAM SDL 2032 800.00 63 7.3% ASSAM SDL 2029 500.00 120 7.65% ASSAM SGS 2032 800.00 64 7.22% ASSAM SDL 2029 500.00 121 7.53% ASSAM SGS 2032 800.00 65 7.2% ASSAM SDL 2029 500.00 122 7.55% ASSAM SGS 2032 800.00 66 7.18% ASSAM SDL 2029 600.00 123 7.85% ASSAM SGS 2032 900.00 67 7.26% ASSAM SDL 2029 600.00 124 7.84% ASSAM SGS 2032 800.00 68 7.22% ASSAM SDL 2030 500.00 125 7.82% ASSAM SGS 2032 800.00 69 7.18% ASSAM SDL 2030 500.00 126 7.67% ASSAM SGS 2032 800.00 70 7.24% ASSAM SDL 2030 500.00 127 7.62% ASSAM SGS 2032 800.00 71 7.11% ASSAM SDL 2030 500.00 128 7.57% ASSAM SGS 2032 800.00 72 6.9% ASSAM SDL 2030 500.00 129 7.67% ASSAM SGS 2033 800.00 73 7.02% ASSAM SDL 2030 500.00 130 7.69% ASSAM SGS 2033 800.00 74 7.05% ASSAM SDL 2030 357.00 131 7.67% ASSAM SGS 2033 800.00 75 6.95% ASSAM SDL 2030 500.00 132 7.71% ASSAM SGS 2033 800.00 76 7.2% ASSAM SDL 2030 949.00 133 7.72% ASSAM SGS 2033 1,000.00 77 7.5% ASSAM SDL 2030 500.00 134 7.58% ASSAM SGS 2033 1,000.00 78 8.0% ASSAM SDL 2030 500.00 135 7.4% ASSAM SGS 2033 1,000.00 79 6.55% ASSAM SDL 2030 500.00 136 7.37% ASSAM SGS 2033 1,000.00 80 6.55% ASSAM SDL 2030 600.00 137 7.34% ASSAM SGS 2033 1,000.00 81 6.8% ASSAM SDL 2030 600.00 138 7.34% ASSAM SGS 2033 1,000.00 82 7.02% ASSAM SGS 2030 500.00 139 7.45% ASSAM SGS 2033 1,000.00 83 6.9% ASSAM SDL 2030 600.00 140 7.45% ASSAM SGS 2033 1,000.00 84 6.91% ASSAM SDL 2030 500.00 141 7.47% ASSAM SGS 2033 1,000.00 85 6.56% ASSAM SDL 2030 500.00 142 7.62% ASSAM SGS 2033 1,000.00 86 6.48% Assam SDL 2030 500.00 143 7.67% ASSAM SGS 2033 1,000.00 87 6.6% ASSAM SDL 2030 500.00 144 7.74% ASSAM SGS 2033 1,000.00 88 6.64% ASSAM SDL 2030 500.00 145 7.74% ASSAM SGS 2033 1,000.00 89 6.62% ASSAM SDL 2030 500.00 146 7.78% ASSAM SGS 2034 500.00 90 6.6% ASSAM SDL 2030 600.00 147 7.52% ASSAM SGS 2034 1,000.00 91 7.68% ASSAM SGS 2031 750.00 148 7.42% ASSAM SGS 2034 1,000.00 92 6.98% ASSAM SDL 2031 500.00 149 7.47% ASSAM SGS 2034 1,000.00 93 7.45% ASSAM SGS 2031 500.00 150 7.5% ASSAM SGS 2034 1,000.00 94 7.07% ASSAM SDL 2031 500.00 151 7.54% ASSAM SGS 2034 1,000.00 95 7.24% ASSAM SDL 2031 1,000.00 152 7.37% ASSAM SGS 2034 1,000.00 96 7.17% ASSAM SDL 2031 500.00 153 7.13% ASSAM SGS 2034 500.00 97 6.85% ASSAM SDL 2031 630.00 154 7.13% ASSAM SGS 2034 750.00 98 7.46% ASSAM SGS 2031 500.00 155 7.12% ASSAM SGS 2034 900.00 99 6.97% ASSAM SDL 2031 600.00 156 7.19% ASSAM SGS 2034 900.00 100 6.98% ASSAM SDL 2031 600.00 157 7.15% ASSAM SGS 2035 500.00 101 6.87% ASSAM SDL 2031 600.00 158 7.15% ASSAM SGS 2035 900.00 102 7.05% ASSAM SGS 2031 250.00 159 7.34% ASSAM SGS 2035 900.00 103 6.85% ASSAM SDL 2031 600.00 160 7.35% ASSAM SGS 2039 1,000.00 104 6.91% ASSAM SDL 2031 600.00 161 7.3% ASSAM SGS 2039 1,000.00 105 6.99% ASSAM SDL 2031 500.00 162 7.26% ASSAM SGS 2039 1,000.00 106 6.94% ASSAM SDL 2031 500.00 163 7.13% ASSAM SGS 2039 750.00 107 6.87% ASSAM SDL 2031 500.00 164 7.16% ASSAM SGS 2040 900.00 108 6.97% ASSAM SDL 2031 600.00 165 7.2% ASSAM SGS 2040 900.00 109 7.03% ASSAM SDL 2031 600.00 166 7.25% ASSAM SGS 2044 1,000.00 110 7.12% ASSAM SDL 2032 653.00 167 7.11% ASSAM SGS 2045 500.00 111 7.32% ASSAM SDL 2032 600.00 168 7.2% ASSAM SGS 2045 950.00 114Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 169 7.24% ASSAM SGS 2045 900.00 51 7.17% BIHAR SDL 2030 1,000.00 170 7.1% ASSAM SGS 2045 1,000.00 52 7.29% BIHAR SDL 2030 1,000.00 Total [A] 112,489.00 53 7.18% BIHAR SDL 2030 1,000.00 Loans not bearing interest 54 7.17% BIHAR SDL 2030 2,000.00 1 13.00% ASSAM 2007 0.005 55 7.14% BIHAR SDL 2030 2,000.00 Total [B] 0.005 56 7.02% BIHAR SDL 2030 959.00 Total [A+B] 112,489.00 57 7.37% BIHAR SGS 2030 2,000.00 BIHAR 58 7.4% BIHAR SGS 2030 2,000.00 Loans Bearing Interest 59 6.85% BIHAR SDL 2030 2,000.00 1 8.17% BIHAR SDL 2025 2,000.00 60 6.87% BIHAR SDL 2030 2,000.00 2 7.99% BIHAR SDL 2025 1,500.00 61 6.95% BIHAR SDL 2030 2,000.00 3 5.3% BIHAR SDL 2025 2,000.00 62 6.98% BIHAR SDL 2030 2,000.00 4 5.72% BIHAR SDL 2026 2,000.00 63 6.87% BIHAR SDL 2030 2,000.00 5 5.82% BIHAR SDL 2026 2,000.00 64 6.83% BIHAR SDL 2030 2,000.00 6 8.54% BIHAR SDL 2026 2,500.00 65 6.84% BIHAR SDL 2030 1,000.00 7 8.82% BIHAR SDL 2026 2,500.00 66 7.5% BIHAR SGS 2031 2,000.00 8 8.6% BIHAR SDL 2026 3,000.00 67 7.49% BIHAR SGS 2031 2,000.00 9 6.89% BIHAR SDL 2026 2,000.00 68 7.45% BIHAR SGS 2031 2,000.00 10 7.1% BIHAR SDL 2026 2,000.00 69 7.49% BIHAR SGS 2031 2,000.00 11 7.29% BIHAR SDL 2026 2,000.00 70 7.52% BIHAR SGS 2031 2,000.00 12 7.12% BIHAR SDL 2027 2,000.00 71 7.62% BIHAR SGS 2031 2,000.00 13 7.2% BIHAR SDL 2027 2,000.00 72 7.7% BIHAR SGS 2031 2,000.00 14 7.59% BIHAR SDL 2027 3,000.00 73 7.78% BIHAR SGS 2031 2,000.00 15 7.78% BIHAR SDL 2027 3,000.00 74 7.24% BIHAR SDL 2032 2,000.00 16 7.85% BIHAR SDL 2027 1,700.00 75 7.13% BIHAR SDL 2032 2,000.00 17 6.39% BIHAR SDL 2027 2,000.00 76 7.17% BIHAR SDL 2032 1,489.00 18 6.45% BIHAR SDL 2027 2,000.00 77 6.92% BIHAR SDL 2032 1,000.00 19 6.75% BIHAR SDL 2027 2,000.00 78 7.65% BIHAR SDL 2032 1,000.00 20 7.74% BIHAR SDL 2028 1,500.00 79 7.65% BIHAR SGS 2032 1,000.00 21 7.89% BIHAR SDL 2028 1,500.00 80 7.62% BIHAR SGS 2032 1,000.00 22 7.86% BIHAR SDL 2028 1,500.00 81 7.53% BIHAR SGS 2032 1,000.00 23 6.89% BIHAR SDL 2028 1,993.00 82 7.45% BIHAR SGS 2032 1,000.00 24 8.05% BIHAR SDL 2028 1,500.00 83 7.55% BIHAR SGS 2032 1,000.00 25 8.36% BIHAR SDL 2028 1,500.00 84 7.69% BIHAR SGS 2032 1,000.00 26 8.15% BIHAR SDL 2028 2,500.00 85 7.85% BIHAR SGS 2032 2,000.00 27 6.82% BIHAR SDL 2028 2,000.00 86 7.73% BIHAR SGS 2032 2,000.00 28 6.77% BIHAR SDL 2028 2,000.00 87 7.85% BIHAR SGS 2032 2,000.00 29 8.27% BIHAR SDL 2029 2,000.00 88 7.83% BIHAR SGS 2032 2,000.00 30 8.21% BIHAR SDL 2029 2,000.00 89 7.68% BIHAR SGS 2032 2,000.00 31 8.2% BIHAR SDL 2029 2,000.00 90 7.7% BIHAR SGS 2032 2,000.00 32 8.18% BIHAR SDL 2029 2,000.00 91 7.55% BIHAR SGS 2032 2,000.00 33 8.36% BIHAR SDL 2029 2,000.00 92 7.58% BIHAR SGS 2032 2,000.00 34 8.44% BIHAR SDL 2029 2,000.00 93 7.64% BIHAR SGS 2032 2,000.00 35 8.39% BIHAR SDL 2029 2,300.00 94 7.66% BIHAR SGS 2033 2,000.00 36 7.14% BIHAR SDL 2029 600.00 95 7.72% BIHAR SGS 2033 2,000.00 37 6.9% BIHAR SDL 2029 1,000.00 96 7.68% BIHAR SGS 2033 2,000.00 38 7.03% BIHAR SDL 2029 1,000.00 97 7.72% BIHAR SGS 2033 2,000.00 39 7.11% BIHAR SDL 2029 1,000.00 98 7.71% BIHAR SGS 2033 2,000.00 40 7.07% BIHAR SDL 2029 1,000.00 99 7.73% BIHAR SGS 2033 1,800.00 41 7.18% BIHAR SDL 2029 1,000.00 100 7.26% BIHAR SGS 2033 2,000.00 42 7.18% BIHAR SDL 2029 1,000.00 101 7.24% BIHAR SGS 2033 2,000.00 43 7.08% BIHAR SDL 2029 1,000.00 102 7.25% BIHAR SGS 2033 2,000.00 44 7.13% BIHAR SDL 2029 1,000.00 103 7.21% BIHAR SGS 2033 2,000.00 45 7.13% BIHAR SDL 2029 1,000.00 104 7.11% BIHAR SGS 2033 2,000.00 46 7.14% BIHAR SDL 2029 1,000.00 105 7.12% BIHAR SGS 2033 2,000.00 47 7.26% BIHAR SDL 2029 1,000.00 106 7.11% BIHAR SGS 2033 2,000.00 48 7.17% BIHAR SDL 2029 1,000.00 107 7.14% BIHAR SGS 2033 2,000.00 49 7.2% BIHAR SDL 2029 1,000.00 108 7.11% BIHAR SGS 2033 2,000.00 50 7.24% BIHAR SDL 2029 1,042.00 109 7.15% BIHAR SGS 2034 2,000.00 115State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 110 7.13% BIHAR SGS 2034 2,000.00 Total [C] 0.05 111 7.13% BIHAR SGS 2034 2,000.00 Total [A+B+C] 247,017.84 112 7.18% BIHAR SGS 2034 2,000.00 CHHATTISGARH 113 7.13% BIHAR SGS 2034 2,000.00 1 8.32% CHHATTISGARH SDL 2025 700.00 114 7.12% BIHAR SGS 2034 2,000.00 2 5.94% CHHATTISGARH SDL 2025 1,000.00 115 7.15% BIHAR SGS 2034 2,000.00 3 5.38% CHHATTISGARH SDL 2025 1,000.00 116 7.15% BIHAR SGS 2035 1,000.00 4 5.35% CHHATTISGARH SDL 2025 1,000.00 117 7.22% BIHAR SGS 2035 1,000.00 5 5.32% CHHATTISGARH SDL 2025 1,000.00 118 7.15% BIHAR SGS 2037 1,000.00 6 8.19% CHHATTISGARH SDL 2025 800.00 119 7.12% BIHAR SGS 2037 1,000.00 7 8.23% CHHATTISGARH SDL 2025 1,500.00 120 7.12% BIHAR SGS 2037 1,000.00 8 8.32% CHHATTISGARH SDL 2026 700.00 121 7.14% BIHAR SGS 2037 1,000.00 9 8.53% CHHATTISGARH SDL 2026 700.00 122 7.15% BIHAR SGS 2037 1,000.00 10 8.04% CHHATTISGARH SDL 2026 700.00 123 7.24% BIHAR SGS 2037 1,546.00 11 8.08% CHHATTISGARH SDL 2026 450.00 124 7.73% BIHAR SGS 2038 2,000.00 12 7.03% CHHATTISGARH SDL 2026 2,000.00 125 7.7% BIHAR SGS 2038 2,000.00 13 5.93% CHHATTISGARH SDL 2026 1,000.00 126 7.74% BIHAR SGS 2038 2,000.00 14 5.88% CHHATTISGARH SDL 2026 1,000.00 127 7.63% BIHAR SGS 2038 2,000.00 15 5.97% CHHATTISGARH SDL 2027 1,000.00 128 7.73% BIHAR SGS 2039 2,000.00 16 7.22% CHATTISGARH SDL 2027 1,200.00 129 7.73% BIHAR SGS 2039 2,000.00 17 6.1% CHHATTISGARH SDL 2027 1,000.00 130 7.74% BIHAR SGS 2039 2,000.00 18 7.8% CHATTISGARH SDL 2027 1,600.00 131 7.69% BIHAR SGS 2039 2,000.00 19 7.88% CHHATTISGARH SDL 2027 1,400.00 132 7.52% BIHAR SGS 2039 2,000.00 20 7.28% CHHATTISGARH SDL 2027 1,000.00 133 7.49% BIHAR SGS 2039 2,000.00 21 7.47% CHHATTISGARH SDL 2027 2,000.00 134 7.47% BIHAR SGS 2039 2,000.00 22 7.68% CHHATTISGARH SDL 2027 1,000.00 135 7.43% BIHAR SGS 2039 2,000.00 23 7.18% CHHATTISGARH SDL 2027 2,000.00 136 7.4% BIHAR SGS 2039 2,000.00 24 7.79% CHHATTISGARH SDL 2028 1,000.00 137 7.39% BIHAR SGS 2039 1,612.00 25 8.11% CHHATTISGARH SDL 2028 1,100.00 138 7.15% BIHAR SGS 2040 1,000.00 26 8.33% CHHATTISGARH SDL 2028 500.00 139 7.22% BIHAR SGS 2040 1,000.00 27 8.41% CHHATTISGARH SDL 2028 750.00 140 7.14% BIHAR SGS 2045 1,000.00 28 8.28% CHHATTISGARH SDL 2028 500.00 141 7.11% BIHAR SGS 2045 1,000.00 29 8.13% CHHATTISGARH SDL 2028 500.00 142 7.19% BIHAR SGS 2045 1,000.00 30 8.15% CHHATTISGARH SDL 2028 750.00 143 7.18% BIHAR SGS 2045 1,000.00 31 6.82% CHHATTISGARH SDL 2028 1,500.00 144 7.18% BIHAR SGS 2045 1,000.00 32 6.53% CHHATTISGARH SDL 2028 1,000.00 Total [A] 245,541.00 33 6.59% CHHATTISGARH SDL 2028 1,000.00 Special Securities 34 6.62% CHHATTISGARH SDL 2028 1,000.00 1 7.55% BIHAR UDAY BOND 2025 77.73 35 7.43% CHHATTISGARH SGS 2029 1,000.00 2 8.22% BIHAR UDAY BOND 2026 155.45 36 7.44% CHHATTISGARH SGS 2029 1,000.00 3 7.42% BIHAR UDAY BOND 2026 77.73 37 7.08% CHHATTISGARH SDL 2029 1,000.00 4 8.45% BIHAR UDAY BOND 2027 155.45 38 7.06% CHHATTISGARH SDL 2029 1,000.00 5 7.68% BIHAR UDAY BOND 2027 77.73 39 6.94% CHHATTISGARH SDL 2029 1,500.00 6 8.65% BIHAR UDAY BOND 2028 155.45 40 7.0% CHHATTISGARH SGS 2029 1,000.00 7 7.68% BIHAR UDAY BOND 2028 77.73 41 7.17% CHHATTISGARH SDL 2030 1,000.00 8 8.48% BIHAR UDAY BOND 2029 155.45 42 7.18% CHHATTISGARH SDL 2030 2,000.00 9 7.58% BIHAR UDAY BOND 2029 77.73 43 7.44% CHHATTISGARH SGS 2030 1,000.00 10 8.62% BIHAR UDAY BOND 2030 155.45 44 7.47% CHHATTISGARH SGS 2030 1,000.00 11 7.66% BIHAR UDAY BOND 2030 77.73 45 7.08% CHHATTISGARH SDL 2030 1,000.00 12 8.72% BIHAR UDAY BOND 2031 155.45 46 7.11% CHHATTISGARH SDL 2030 2,000.00 13 7.70% BIHAR UDAY BOND 2031 77.73 47 7.59% CHHATTISGARH SDL 2030 1,000.00 Total [B] 1,476.79 48 7.35% CHHATTISGARH SDL 2030 2,680.00 Total [A+B] 247,017.79 49 7.29% CHHATTISGARH SGS 2030 1,000.00 Loans not bearing interest 50 7.4% CHHATTISGARH SGS 2030 1,500.00 1 14.00% BIHAR SDL 2005 0.01 51 7.47% CHHATTISGARH SGS 2030 1,000.00 2 13.00% BIHAR SDL 2007 0.00 52 7.03% CHHATTISGARH SGS 2030 2,000.00 3 12.00% BIHAR SDL 2011 0.01 53 7.49% CHHATTISGARH SGS 2030 1,000.00 4 11.50% BIHAR SDL 2011 0.01 54 7.67% CHHATTISGARH SGS 2031 1,000.00 5 11.50% BIHAR SDL 2010 0.00 55 7.46% CHHATTISGARH SGS 2031 1,000.00 6 11.50% BIHAR SDL 2009 0.02 56 7.47% CHHATTISGARH SGS 2031 1,000.00 116Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 57 7.75% CHHATTISGARH SGS 2031 2,000.00 3 8.28% GOA SDL 2025 100.00 58 7.42% CHHATTISGARH SGS 2031 1,000.00 4 8.28% GOA SDL 2025 100.00 59 7.54% CHHATTISGARH SGS 2031 2,000.00 5 8.21% GOA SDL 2025 200.00 60 7.73% CHHATTISGARH SGS 2031 1,000.00 6 8.1% GOA SDL 2025 150.00 61 7.74% CHHATTISGARH SGS 2031 1,000.00 7 8.25% GOA SDL 2025 100.00 62 7.68% CHHATTISGARH SGS 2032 1,000.00 8 5.41% GOA SDL 2025 54.00 63 7.51% CHHATTISGARH SGS 2032 1,000.00 9 8.4% GOA SDL 2026 100.00 64 7.48% CHHATTISGARH SGS 2032 1,000.00 10 8.63% GOA SDL 2026 100.00 65 7.38% CHHATTISGARH SGS 2032 1,000.00 11 8.08% GOA SDL 2026 300.00 66 7.46% CHHATTISGARH SGS 2032 1,000.00 12 7.98% GOA SDL 2026 200.00 67 7.47% CHHATTISGARH SGS 2032 1,000.00 13 7.98% GOA SDL 2026 100.00 68 7.14% CHHATTISGARH SGS 2032 1,000.00 14 7.57% GOA SDL 2026 70.00 69 7.67% CHHATTISGARH SGS 2033 2,000.00 15 7.16% GOA SDL 2026 150.00 70 7.65% CHHATTISGARH SGS 2033 1,000.00 16 6.88% GOA SDL 2026 100.00 71 7.14% CHHATTISGARH SGS 2033 1,000.00 17 7.1% GOA SDL 2026 100.00 72 7.46% CHHATTISGARH SGS 2033 2,000.00 18 7.21% GOA SDL 2026 100.00 73 7.45% CHHATTISGARH SGS 2033 1,000.00 19 7.1% GOA SDL 2027 100.00 74 7.39% CHHATTISGARH SGS 2033 1,000.00 20 7.19% GOA SDL 2027 100.00 75 7.47% CHHATTISGARH SGS 2033 1,000.00 21 7.89% GOA SDL 2027 150.00 76 7.47% CHHATTISGARH SGS 2033 1,000.00 22 7.6% GOA SDL 2027 150.00 77 7.16% CHHATTISGARH SGS 2033 2,000.00 23 7.49% GOA SDL 2027 150.00 78 7.2% CHHATTISGARH SGS 2034 2,000.00 24 7.22% GOA SDL 2027 150.00 79 7.28% CHHATTISGARH SGS 2034 1,000.00 25 7.2% GOA SDL 2027 150.00 80 7.38% CHHATTISGARH SGS 2034 1,000.00 26 7.32% GOA SDL 2027 150.00 81 7.47% CHHATTISGARH SGS 2034 1,000.00 27 7.54% GOA SDL 2027 200.00 82 7.47% CHHATTISGARH SGS 2034 1,000.00 28 7.66% GOA SDL 2027 200.00 83 7.16% CHHATTISGARH SGS 2034 2,000.00 29 7.8% GOA SDL 2027 200.00 84 7.19% CHHATTISGARH SGS 2035 1,000.00 30 7.88% GOA SDL 2028 150.00 85 7.27% CHHATTISGARH SGS 2035 2,000.00 31 8.13% GOA SDL 2028 150.00 86 7.49% CHHATTISGARH SGS 2035 1,000.00 32 8.29% GOA SDL 2028 150.00 87 7.32% CHHATTISGARH SGS 2037 2,000.00 33 8.13% GOA SDL 2028 150.00 Total [A] 103,030.00 34 7.95% GOA SDL 2028 150.00 Special Securities 35 8.34% GOA SDL 2028 150.00 1 8.27% CHHATISGRH UDAY BOND 2026 87.01 36 8.4% GOA SDL 2028 150.00 2 8.64% CHHATISGRH UDAY BOND 2027 87.01 37 8.44% GOA SDL 2028 150.00 3 8.67% CHHATISGRH UDAY BOND 2028 87.01 38 8.49% GOA SDL 2028 150.00 4 8.46% CHHATISGRH UDAY BOND 2029 87.01 39 8.6% GOA SDL 2028 100.00 5 8.60% CHHATISGRH UDAY BOND 2030 87.01 40 8.75% GOA SDL 2028 100.00 6 8.70% CHHATISGRH UDAY BOND 2031 87.01 41 8.65% GOA SDL 2028 100.00 Total [B] 522.07 42 8.62% GOA SDL 2028 200.00 Total [A+B] 103,552.07 43 8.36% GOA SDL 2028 50.00 Compensation Bonds 44 8.21% GOA SDL 2028 200.00 1 5% Urban Land Ceiling (Madhya Pradesh) Bonds 0.15 45 8.22% GOA SDL 2029 100.00 Total [C] 0.15 46 8.38% GOA SDL 2029 200.00 Total [A+B+C] 103,552.22 47 8.36% GOA SDL 2029 100.00 Loans not bearing interest 48 8.43% GOA SDL 2029 150.00 1 11.00% MP SDL 2010 0.00 49 8.08% GOA SDL 2029 300.00 2 14.00% M.P. S.D. 2005 0.01 50 8.15% GOA SDL 2029 100.00 3 13.50% M.P. SDL 2003 0.01 51 7.94% GOA SDL 2029 100.00 4 13.00% M.P. S.D. 2007 0.00 52 7.61% GOA SDL 2029 100.00 5 12.00% M.P. S.D. 2011 0.02 53 7.31% GOA SDL 2029 100.00 6 11.50% M.P. S.D. 2009 0.00 54 7.13% GOA SDL 2029 100.00 7 11% M.P. SDL 2001 0.01 55 7.04% GOA SDL 2029 100.00 Total [D] 0.04 56 7.18% GOA SDL 2029 200.00 Total [A+B+C+D] 103,552.26 57 7.09% GOA SDL 2029 100.00 GOA 58 7.15% GOA SDL 2029 100.00 Loans Bearing Interest 59 7.18% GOA SDL 2029 100.00 1 8.08% GOA SDL 2025 150.00 60 7.23% GOA SDL 2029 100.00 2 8.12% GOA SDL 2025 150.00 61 7.22% GOA SDL 2029 200.00 117State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 62 7.29% GOA SDL 2029 100.00 121 7.55% GOA SGS 2032 100.00 63 7.29% GOA SDL 2029 200.00 122 7.65% GOA SGS 2032 100.00 64 7.14% GOA SDL 2030 381.00 123 7.62% GOA SGS 2032 100.00 65 6.9% GOA SDL 2030 100.00 124 7.64% GOA SGS 2033 100.00 66 6.99% GOA SDL 2030 75.00 125 7.36% GOA SGS 2033 100.00 67 6.94% GOA SDL 2030 100.00 126 7.38% GOA SGS 2033 100.00 68 7.15% GOA SDL 2030 100.00 127 7.41% GOA SGS 2033 100.00 69 7.5% GOA SDL 2030 144.00 128 7.5% GOA SGS 2033 100.00 70 7.88% GOA SDL 2030 100.00 129 7.49% GOA SGS 2033 100.00 71 7.64% GOA SDL 2030 100.00 130 7.44% GOA SGS 2033 100.00 72 6.72% GOA SDL 2030 100.00 131 7.47% GOA SGS 2033 100.00 73 6.6% GOA SDL 2030 200.00 132 7.46% GOA SGS 2033 100.00 74 6.54% GOA SDL 2030 100.00 133 7.49% GOA SGS 2033 150.00 75 6.58% GOA SDL 2030 100.00 134 7.7% GOA SGS 2033 100.00 76 6.41% GOA SDL 2030 100.00 135 7.67% GOA SGS 2033 100.00 77 6.5% GOA SDL 2030 100.00 136 7.73% GOA SGS 2033 100.00 78 6.5% GOA SDL 2030 100.00 137 7.7% GOA SGS 2033 100.00 79 6.68% GOA SDL 2030 100.00 138 7.7% GOA SGS 2033 100.00 80 6.6% GOA SDL 2030 100.00 139 7.65% GOA SGS 2033 100.00 81 6.74% GOA SDL 2030 200.00 140 7.75% GOA SGS 2033 100.00 82 6.89% GOA SDL 2030 100.00 141 7.63% GOA SGS 2033 150.00 83 6.9% GOA SDL 2030 100.00 142 7.67% GOA SGS 2033 100.00 84 6.42% GOA SDL 2030 100.00 143 7.69% GOA SGS 2034 100.00 85 6.55% GOA SDL 2030 200.00 144 7.65% GOA SGS 2034 100.00 86 6.57% GOA SDL 2030 100.00 145 7.47% GOA SGS 2034 100.00 87 6.55% GOA SDL 2030 100.00 146 7.36% GOA SGS 2034 100.00 88 6.54% GOA SDL 2030 100.00 147 7.23% GOA SGS 2034 150.00 89 6.58% GOA SDL 2030 100.00 148 7.12% GOA SGS 2034 150.00 90 6.58% GOA SDL 2031 100.00 149 7.12% GOA SGS 2034 100.00 91 6.62% GOA SDL 2031 100.00 150 7.13% GOA SGS 2034 100.00 92 6.85% GOA SDL 2031 100.00 151 7.25% GOA SGS 2035 150.00 93 7.2% GOA SDL 2031 200.00 152 7.12% GOA SGS 2035 100.00 94 7.16% GOA SDL 2031 100.00 153 7.17% GOA SGS 2035 100.00 95 6.85% GOA SDL 2031 200.00 154 7.58% GOA SGS 2037 100.00 96 6.84% GOA SDL 2031 200.00 155 7.58% GOA SGS 2037 100.00 97 6.78% GOA SDL 2031 100.00 156 7.64% GOA SGS 2038 200.00 98 6.89% GOA SDL 2031 100.00 157 7.47% GOA SGS 2038 100.00 99 6.96% GOA SDL 2031 100.00 158 7.46% GOA SGS 2038 100.00 100 6.99% GOA SDL 2031 100.00 159 7.52% GOA SGS 2039 150.00 101 6.99% GOA SDL 2031 100.00 160 7.33% GOA SGS 2039 100.00 102 6.99% GOA SDL 2031 100.00 Total [A] 19,824.00 103 6.97% GOA SDL 2031 100.00 Loans not bearing interest 104 6.88% GOA SDL 2031 200.00 1 11.50% GOA SDL 2008 0.002 105 6.85% GOA SDL 2031 100.00 Total [B] 0.002 106 6.83% GOA SDL 2031 100.00 Total [A+B] 19,824.002 107 6.89% GOA SDL 2031 100.00 GUJARAT 108 7.0% GOA SDL 2031 100.00 Loans Bearing Interest 109 6.85% GOA SDL 2031 100.00 1 8.03% GUJARAT SDL 2025 1,000.00 110 6.98% GOA SDL 2031 200.00 2 8.05% GUJARAT SDL 2025 1,560.00 111 7.0% GOA SDL 2031 100.00 3 7.89% GUJARAT SDL 2025 4,000.00 112 7.23% GOA SDL 2032 100.00 4 8.2% GUJARAT SDL 2025 1,200.00 113 7.15% GOA SDL 2032 100.00 5 8.29% GUJARAT SDL 2025 1,000.00 114 7.34% GOA SDL 2032 100.00 6 8.23% GUJARAT SDL 2025 1,300.00 115 7.81% GOA SDL 2032 100.00 7 8.15% GUJARAT SDL 2025 1,000.00 116 7.69% GOA SGS 2032 100.00 8 7.96% GUJARAT SDL 2025 1,300.00 117 7.74% GOA SGS 2032 100.00 9 7.47% GUJARAT SGS 2025 1,000.00 118 7.83% GOA SGS 2032 100.00 10 8.12% GUJARAT SDL 2025 1,300.00 119 7.69% GOA SGS 2032 50.00 11 8.15% GUJARAT SDL 2025 1,000.00 120 7.62% GOA SGS 2032 100.00 12 8.2% GUJARAT SDL 2025 2,800.00 118Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 13 8.27% GUJARAT SDL 2026 2,000.00 72 6.87% GUJARAT SGS 2028 2,000.00 14 6.18% GUJARAT SDL 2026 1,500.00 73 8.26% GUJARAT SDL 2028 1,000.00 15 7.25% GUJARAT SGS 2026 1,000.00 74 7.49% GUJARAT SGS 2028 500.00 16 8.46% GUJARAT SDL 2026 1,300.00 75 7.77% GUJARAT SDL 2028 2,000.00 17 7.35% GUJARAT SGS 2026 500.00 76 7.95% GUJARAT SDL 2028 1,000.00 18 6.18% GUJARAT SDL 2026 1,000.00 77 8.25% GUJARAT SDL 2028 1,000.00 19 6.99% GUJARAT SDL 2026 1,000.00 78 8.16% GUJARAT SDL 2028 1,000.00 20 8.0% GUJARAT SDL 2026 1,820.00 79 7.18% GUJARAT SGS 2028 1,000.00 21 7.96% GUJARAT SDL 2026 1,000.00 80 7.22% GUJARAT SGS 2028 1,000.00 22 7.98% GUJARAT SDL 2026 1,300.00 81 7.05% GUJARAT SGS 2028 1,500.00 23 7.98% GUJARAT SDL 2026 1,300.00 82 8.47% GUJARAT SDL 2028 1,000.00 24 8.05% GUJARAT SDL 2026 1,700.00 83 8.79% GUJARAT SDL 2028 1,000.00 25 7.83% GUJARAT SDL 2026 2,300.00 84 8.7% GUJARAT SDL 2028 1,000.00 26 7.69% GUJARAT SDL 2026 1,000.00 85 6.87% GUJARAT SGS 2028 1,500.00 27 7.04% GUJARAT SDL 2026 1,000.00 86 8.65% GUJARAT SDL 2028 533.40 28 7.6% GUJARAT SDL 2026 1,300.00 87 7.62% GUJARAT SGS 2028 1,000.00 29 7.56% GUJARAT SDL 2026 1,300.00 88 8.6% GUJARAT SDL 2028 1,300.00 30 7.02% GUJARAT SDL 2026 1,300.00 89 8.61% GUJARAT SDL 2028 454.35 31 7.49% GUJARAT SGS 2026 2,000.00 90 8.58% GUJARAT SDL 2028 1,300.00 32 7.41% GUJARAT SGS 2026 1,000.00 91 8.57% GUJARAT SDL 2028 1,408.25 33 6.04% GUJARAT SDL 2026 1,500.00 92 8.53% GUJARAT SDL 2028 1,300.00 34 7.57% GUJARAT SGS 2026 1,500.00 93 8.5% GUJARAT SDL 2028 1,000.00 35 7.58% GUJARAT SGS 2026 1,000.00 94 8.32% GUJARAT SDL 2028 1,300.00 36 7.05% GUJARAT SDL 2026 1,300.00 95 8.17% GUJARAT SDL 2028 1,274.65 37 7.4% GUJARAT SGS 2026 1,000.00 96 8.08% GUJARAT SDL 2028 1,300.00 38 7.24% GUJARAT SDL 2026 1,300.00 97 8.25% GUJARAT SDL 2029 1,300.00 39 7.43% GUJARAT SGS 2027 1,000.00 98 8.27% GUJARAT SDL 2029 1,300.00 40 7.14% GUJARAT SDL 2027 1,300.00 99 8.16% GUJARAT SDL 2029 1,300.00 41 7.19% GUJARAT SDL 2027 1,300.00 100 8.3% GUJARAT SDL 2029 1,300.00 42 6.75% GUJARAT SGS 2027 1,200.00 101 8.28% GUJARAT SDL 2029 1,300.00 43 7.59% GUJARAT SDL 2027 2,800.00 102 8.28% GUJARAT SDL 2029 FEB 1,300.00 44 7.71% GUJARAT SDL 2027 1,300.00 103 8.38% GUJARAT SDL 2029 1,300.00 45 6.58% GUJARAT SDL 2027 1,500.00 104 8.35% GUJARAT SDL 2029 2,000.00 46 7.63% GUJARAT SDL 2027 1,300.00 105 8.3% GUJARAT SDL 2029 MAR 1,300.00 47 7.52% GUJARAT SDL 2027 2,300.00 106 8.14% GUJARAT SDL 2029 2,500.00 48 7.2% GUJARAT SDL 2027 1,300.00 107 8.05% GUJARAT SDL 2029 2,400.00 49 7.23% GUJARAT SGS 2027 2,000.00 108 7.73% GUJARAT SDL 2029 2,080.00 50 7.25% GUJARAT SDL 2027 1,300.00 109 8.14% GUJARAT SDL 2029 1,300.00 51 7.17% GUJARAT SDL 2027 1,300.00 110 8.17% GUJARAT SDL 2029 1,000.00 52 7.21% GUJARAT SDL 2027 1,300.00 111 6.6% GUJARAT SDL 2029 1,500.00 53 7.25% GUJARAT SDL 2027 1,300.00 112 6.57% GUJARAT SDL 2029 1,500.00 54 6.28% GUJARAT SDL 2027 1,500.00 113 7.6% GUJARAT SDL 2029 1,000.00 55 7.4% GUJARAT SGS 2027 1,000.00 114 7.31% GUJARAT SDL 2029 1,000.00 56 6.82% GUJARAT SGS 2027 1,500.00 115 7.65% GUJARAT SDL 2029 1,500.00 57 7.19% GUJARAT SDL 2027 2,500.00 116 6.44% GUJARAT SDL 2029 700.00 58 7.62% GUJARAT SDL 2027 1,300.00 117 6.44% GUJARAT SDL 2029 1,500.00 59 7.64% GUJARAT SDL 2027 1,000.00 118 7.06% GUJARAT SGS 2029 1,000.00 60 7.75% GUJARAT SDL 2027 1,000.00 119 7.1% GUJARAT SDL 2029 1,000.00 61 7.69% GUJARAT SDL 2027 1,300.00 120 6.63% GUJARAT SDL 2029 1,000.00 62 7.8% GUJARAT SDL 2027 1,000.00 121 7.23% GUJARAT SDL 2029 1,600.00 63 7.47% GUJARAT SGS 2028 500.00 122 6.75% GUJARAT SDL 2029 1,054.20 64 7.75% GUJARAT SDL 2028 1,300.00 123 7.62% GUJARAT SGS 2029 1,000.00 65 7.9% GUJARAT SDL 2028 1,000.00 124 7.24% GUJARAT SDL 2029 1,000.00 66 8.05% GUJARAT SDL 2028 1,000.00 125 7.05% GUJARAT SGS 2029 1,000.00 67 8.19% GUJARAT SDL 2028 1,000.00 126 7.65% GUJARAT SGS 2029 1,000.00 68 8.05% GUJARAT SDL 2028 1,000.00 127 6.49% GUJARAT SDL 2029 1,500.00 69 8.23% GUJARAT SDL 2028 1,000.00 128 7.26% GUJARAT SDL 2029 1,000.00 70 8.35% GUJARAT SDL 2028 1,000.00 129 7.28% GUJARAT SDL 2029 1,500.00 71 8.39% GUJARAT SDL 2028 1,000.00 130 7.18% GUJARAT SDL 2030 2,500.00 119State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 131 6.45% GUJARAT SDL 2030 1,000.00 190 7.06% GUJARAT SDL 2032 1,500.00 132 7.17% GUJARAT SDL 2030 2,000.00 191 7.09% GUJARAT SDL 2032 1,500.00 133 7.17% GUJARAT SDL 2030 1,000.00 192 7.12% GUJARAT SDL 2032 1,500.00 134 7.1% GUJARAT SDL 2030 1,000.00 193 7.25% GUJARAT SDL 2032 1,500.00 135 7.68% GUJARAT SGS 2030 1,000.00 194 7.29% GUJARAT SDL 2032 2,000.00 136 7.66% GUJARAT SGS 2030 1,000.00 195 7.8% GUJARAT SDL 2032 1,500.00 137 6.98% GUJARAT SGS 2030 1,000.00 196 7.82% GUJARAT SDL 2032 1,500.00 138 7.06% GUJARAT SGS 2030 500.00 197 7.8% GUJARAT SDL 2032 1,500.00 139 7.04% GUJARAT SDL 2030 1,000.00 198 7.77% GUJARAT SDL 2032 1,500.00 140 7.45% GUJARAT SDL 2030 1,000.00 199 7.61% GUJARAT SDL 2032 1,500.00 141 6.9% GUJARAT SDL 2030 1,500.00 200 7.73% GUJARAT SDL 2032 2,000.00 142 7.38% GUJARAT SGS 2030 1,000.00 201 7.75% GUJARAT SGS 2032 1,000.00 143 6.47% GUJARAT SDL 2030 1,500.00 202 7.81% GUJARAT SGS 2032 3,000.00 144 6.72% GUJARAT SDL 2030 1,500.00 203 7.6% GUJARAT SGS 2032 1,500.00 145 7.38% GUJARAT SGS 2030 1,000.00 204 7.04% GUJARAT SGS 2032 2,000.00 146 6.54% GUJARAT SDL 2030 2,000.00 205 7.58% GUJARAT SGS 2032 1,000.00 147 6.91% GUJARAT SDL 2030 1,000.00 206 7.64% GUJARAT SGS 2033 1,000.00 148 6.4% GUJARAT SDL 2030 1,500.00 207 7.63% GUJARAT SGS 2033 1,000.00 149 6.65% GUJARAT SDL 2030 2,000.00 208 7.6% GUJARAT SGS 2033 2,000.00 150 6.45% GUJARAT SDL 2030 1,500.00 209 7.65% GUJARAT SGS 2033 1,500.00 151 6.7% GUJARAT SDL 2030 1,500.00 210 7.42% GUJARAT SGS 2033 1,000.00 152 6.83% GUJARAT SDL 2030 1,500.00 211 7.08% GUJARAT SGS 2033 1,500.00 153 6.84% GUJARAT SDL 2030 1,000.00 212 7.71% GUJARAT SGS 2033 1,500.00 154 6.4% GUJARAT SDL 2030 2,000.00 213 7.68% GUJARAT SGS 2033 1,000.00 155 6.46% GUJARAT SDL 2030 2,000.00 214 7.02% GUJARAT SGS 2033 1,500.00 156 6.5% GUJARAT SDL 2030 2,000.00 215 7.08% GUJARAT SGS 2033 1,000.00 157 6.5% GUJARAT SDL 2030 1,500.00 216 7.04% GUJARAT SGS 2033 1,000.00 158 7.66% GUJARAT SGS 2030 2,000.00 217 7.11% GUJARAT SGS 2033 1,500.00 159 7.55% GUJARAT SGS 2030 1,000.00 218 7.06% GUJARAT SGS 2034 1,000.00 160 7.01% GUJARAT SGS 2031 500.00 219 7.64% GUJARAT SGS 2034 1,000.00 161 7.64% GUJARAT SGS 2031 1,000.00 220 7.63% GUJARAT SGS 2034 1,000.00 162 8.26% GUJARAT SDL 2031 2,000.00 221 7.05% GUJARAT SGS 2034 1,000.00 163 6.57% GUJARAT SDL 2031 500.00 222 7.07% GUJARAT SGS 2034 1,500.00 164 7.42% GUJARAT SGS 2031 1,000.00 223 7.08% GUJARAT SGS 2034 1,500.00 165 7.43% GUJARAT SGS 2031 1,000.00 224 7.71% GUJARAT SGS 2034 1,500.00 166 6.93% GUJARAT SDL 2031 500.00 225 7.72% GUJARAT SGS 2034 500.00 167 7.02% GUJARAT SGS 2031 500.00 226 7.22% GUJARAT SGS 2035 2,000.00 168 7.07% GUJARAT SDL 2031 1,000.00 227 7.12% GUJARAT SGS 2035 1,000.00 169 7.08% GUJARAT SDL 2031 1,500.00 228 7.03% GUJARAT SGS 2035 1,000.00 170 7.11% GUJARAT SDL 2031 2,000.00 229 7.6% GUJARAT SGS 2035 1,500.00 171 6.84% GUJARAT SDL 2031 2,000.00 230 7.21% GUJARAT SGS 2035 2,500.00 172 7.27% GUJARAT SGS 2031 1,500.00 231 7.72% GUJARAT SGS 2035 1,500.00 173 7.77% GUJARAT SDL 2031 1,000.00 232 7.73% GUJARAT SGS 2036 1,500.00 174 6.75% GUJARAT SDL 2031 1,000.00 233 7.12% GUJARAT SGS 2037 1,500.00 175 6.88% GUJARAT SDL 2031 2,000.00 Total [A] 311,284.85 176 6.95% GUJARAT SDL 2031 2,000.00 Compensation Bonds 177 6.98% GUJARAT SDL 2031 1,500.00 1 3% Bombay Tenure Abolition Compensation Bonds 0.70 178 6.84% GUJARAT SDL 2031 1,500.00 2 5% Urban Land Ceiling (Gujarat) Bonds 1.16 179 7.45% GUJARAT SGS 2031 1,500.00 3 3% Gujarat Surviving Alienations Act,1963 Compensa 0.17 180 6.89% GUJARAT SDL 2031 1,500.00 4 4.50% Gujarat Agricultural Lands Ceiling Act, 1960 0.30 181 6.93% GUJARAT SDL 2031 1,500.00 Total [B] 2.33 182 7.05% GUJARAT SGS 2031 1,000.00 Total [A+B] 311287.18 183 7.55% GUJARAT SGS 2031 2,000.00 Loans not bearing interest 184 7.57% GUJARAT SGS 2031 1,000.00 1 9.45% GUJARAT SDL 2011 0.06 185 7.05% GUJARAT SGS 2032 500.00 2 12.25% GUJRAT SDL 2009 0.10 186 7.66% GUJARAT SGS 2032 1,000.00 3 12.30% GUJARAT SDL 2007 0.01 187 7.57% GUJARAT SGS 2032 1,500.00 4 13.05 % GUJARAT SDL 2007 0.05 188 7.63% GUJARAT SGS 2032 1,000.00 5 13.85% GUJARAT SDL 2006 0.00 189 7.07% GUJARAT SGS 2032 1,000.00 6 14.00% GUJARAT SDL 2005 0.06 120Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 7 11.50% GUJARAT SDL 2011 0.03 52 8.62% HARYANA SDL 2028 1,500.00 8 11.50% GUJARAT SDL 2010 0.02 53 6.63% HARYANA SDL 2028 1,500.00 9 11.50% GUJARAT SDL 2009 0.04 54 7.5% HARYANA SGS 2029 500.00 10 11.50% GUJARAT SDL 2008 0.00 55 6.96% HARYANA SDL 2029 2,500.00 Total [C] 0.37 56 7.02% HARYANA SDL 2029 1,500.00 Total [A+B+C] 311287.55 57 7.24% HARYANA SDL 2029 1,039.85 HARYANA 58 7.09% HARYANA SDL 2029 1,500.00 Loans Bearing Interest 59 7.66% HARYANA SGS 2029 1,000.00 1 8.27% HARYANA SDL 2025 1,000.00 60 7.39% HARYANA SGS 2029 1,000.00 2 8.15% HARYANA SDL 2025 900.00 61 7.63% HARYANA SDL 2029 500.00 3 8.22% HARYANA SDL 2025 1,000.00 62 7.29% HARYANA SGS 2029 1,000.00 4 8.3% HARYANA SDL 2025 900.00 63 7.06% HARYANA SDL 2029 1,000.00 5 8.29% HARYANA SDL 2025 1,000.00 64 7.18% HARYANA SDL 2029 1,500.00 6 8.29% HARYANA SDL 2025 1,000.00 65 7.18% HARYANA SDL 2029 500.00 7 8.23% HARYANA SDL 2025 1,000.00 66 7.13% HARYANA SDL 2029 1,500.00 8 8.16% HARYANA SDL 2025 1,000.00 67 7.26% HARYANA SDL 2029 1,000.00 9 8.15% HARYANA SDL 2025 800.00 68 7.17% HARYANA SDL 2029 3,000.00 10 8.27% HARYANA SDL 2025 800.00 69 7.74% HARYANA SGS 2029 1,000.00 11 8.27% HARYANA SDL 2025 1,100.00 70 7.17% HARYANA SDL 2029 (DEC) 2,000.00 12 8.38% HARYANA SDL 2026 1,100.00 71 7.51% HARYANA SGS 2029 500.00 13 8.51% HARYANA SDL 2026 2,500.00 72 7.17% HARYANA SDL 2030 1,500.00 14 6.24% HARYANA SDL 2026 1,000.00 73 7.65% HARYANA SGS 2030 2,000.00 15 7.98% HARYANA SDL 2026 1,000.00 74 7.8% HARYANA SDL 2030 1,456.00 16 7.57% HARYANA SDL 2026 1,000.00 75 8.0% HARYANA SDL 2030 5,000.00 17 7.35% HARYANA SDL 2026 500.00 76 7.5% HARYANA SGS 2030 1,000.00 18 7.18% HARYANA SDL 2026 1,200.00 77 7.27% HARYANA SDL 2030 1,000.00 19 7.14% HARYANA SDL 2026 500.00 78 6.9% HARYANA SDL 2030 500.00 20 7.22% HARYANA SDL 2026 1,500.00 79 6.92% HARYANA SDL 2030 1,000.00 21 7.39% HARYANA SDL 2026 1,500.00 80 7.53% HARYANA SGS 2030 500.00 22 6.86% HARYANA SDL 2026 2,000.00 81 6.7% HARYANA SDL 2030 1,500.00 23 7.28% HARYANA SDL 2026 1,500.00 82 7.19% HARYANA SDL 2030 1,500.00 24 7.59% HARYANA SDL 2027 1,000.00 83 7.76% HARYANA SGS 2030 500.00 25 7.8% HARYANA SDL 2027 1,000.00 84 6.59% HARYANA SDL 2030 2,000.00 26 7.89% HARYANA SDL 2027 1,000.00 85 7.57% HARYANA SGS 2030 1,000.00 27 7.64% HARYANA SDL 2027 2,100.00 86 7.58% HARYANA SGS 2030 500.00 28 7.16% HARYANA SGS 2027 500.00 87 7.62% HARYANA SGS 2031 500.00 29 7.53% HARYANA SDL 2027 1,500.00 88 7.64% HARYANA SGS 2031 500.00 30 7.69% HARYANA SDL 2027 1,000.00 89 7.7% HARYANA SGS 2031 1,000.00 31 7.26% HARYANA SDL 2027 1,500.00 90 7.14% HARYANA SDL 2031 500.00 32 7.29% HARYANA SDL 2027 1,500.00 91 7.74% HARYANA SGS 2031 1,000.00 33 7.32% HARYANA SDL 2027 500.00 92 7.39% HARYANA SGS 2031 1,000.00 34 7.41% HARYANA SDL 2027 1,200.00 93 6.79% HARYANA SDL 2031 1,000.00 35 7.57% HARYANA SDL 2027 500.00 94 7.34% HARYANA SGS 2031 750.00 36 7.64% HARYANA SDL 2027 750.00 95 7.33% HARYANA SDL 2031 2,000.00 37 7.7% HARYANA SDL 2027 1,000.00 96 6.98% HARYANA SDL 2031 1,500.00 38 7.68% HARYANA SDL 2027 1,000.00 97 6.87% HARYANA SDL 2031 1,000.00 39 7.44% HARYANA SGS 2027 500.00 98 6.99% HARYANA SDL 2031 1,500.00 40 7.86% HARYANA SDL 2027 1,500.00 99 7.68% HARYANA SGS 2031 1,000.00 41 8.2% HARYANA SDL 2028 794.00 100 7.13% HARYANA SDL 2032 1,500.00 42 8.2% HARYANA SDL 2028 800.00 101 7.73% HARYANA SGS 2032 2,000.00 43 8.25% HARYANA SDL 2028 500.00 102 7.25% HARYANA SDL 2032 1,500.00 44 8.45% HARYANA SDL 2028 950.00 103 7.7% HARYANA SGS 2032 2,000.00 45 8.29% HARYANA SDL 2028 720.00 104 7.26% HARYANA SDL 2032 2,000.00 46 8.14% HARYANA SDL 2028 1,925.50 105 7.72% HARYANA SGS 2032 1,000.00 47 7.8% HARYANA SDL 2028 525.00 106 6.84% HARYANA SDL 2032 1,500.00 48 7.15% HARYANA SDL 2028 500.00 107 7.81% HARYANA SDL 2032 1,000.00 49 7.63% HARYANA SDL 2028 1,000.00 108 7.95% HARYANA SDL 2032 1,000.00 50 8.57% HARYANA SDL 2028 3,500.00 109 7.86% HARYANA SDL 2032 2,000.00 51 8.41% HARYANA SDL 2028 2,000.00 110 7.44% HARYANA SGS 2032 1,000.00 121State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 111 7.81% HARYANA SDL 2032 1,000.00 170 7.67% HARYANA SGS 2035 1,000.00 112 7.81% HARYANA SDL 2032 1,000.00 171 7.77% HARYANA SGS 2036 2,000.00 113 7.77% HARYANA SDL 2032 500.00 172 7.66% HARYANA SGS 2036 2,000.00 114 7.61% HARYANA SGS 2032 1,000.00 173 7.49% HARYANA SGS 2036 1,000.00 115 7.45% HARYANA SGS 2032 1,000.00 174 7.47% HARYANA SGS 2036 1,000.00 116 7.67% HARYANA SGS 2032 1,500.00 175 7.44% HARYANA SGS 2036 1,000.00 117 7.83% HARYANA SGS 2032 1,000.00 176 8.12% HARYANA SDL 2036 740.00 118 7.81% HARYANA SGS 2032 500.00 177 6.92% HARYANA SDL 2036 1,000.00 119 7.63% HARYANA SGS 2032 500.00 178 6.92% HARYANA SDL 2036 1,000.00 120 7.63% HARYANA SGS 2033 500.00 179 7.33% HARYANA SGS 2036 1,500.00 121 7.65% HARYANA SGS 2033 500.00 180 7.32% HARYANA SGS 2036 1,000.00 122 7.68% HARYANA SGS 2033 2,000.00 181 7.32% HARYANA SGS 2036 1,000.00 123 7.65% HARYANA SGS 2033 1,000.00 182 7.34% HARYANA SGS 2036 1,500.00 124 7.77% HARYANA SGS 2033 1,658.00 183 7.26% HARYANA SGS 2036 1,000.00 125 7.73% HARYANA SDL 2033 500.00 184 7.24% HARYANA SGS 2036 1,500.00 126 7.35% HARYANA SGS 2033 1,000.00 185 7.24% HARYANA SGS 2036 1,000.00 127 7.36% HARYANA SGS 2033 1,000.00 186 7.25% HARYANA SGS 2036 1,000.00 128 6.95% HARYANA SDL 2033 2,000.00 187 7.13% HARYANA SGS 2036 1,000.00 129 7.32% HARYANA SGS 2033 1,000.00 188 7.12% HARYANA SGS 2036 1,000.00 130 7.36% HARYANA SGS 2033 750.00 189 7.12% HARYANA SGS 2036 1,500.00 131 7.4% HARYANA SGS 2033 1,000.00 190 7.13% HARYANA SGS 2036 1,500.00 132 7.49% HARYANA SGS 2033 1,500.00 191 7.4% HARYANA SDL 2037 1,500.00 133 7.44% HARYANA SGS 2033 1,500.00 192 7.04% HARYANA SGS 2037 2,000.00 134 7.47% HARYANA SGS 2033 1,500.00 193 8.18% HARYANA SDL 2037 1,000.00 135 7.45% HARYANA SGS 2033 1,000.00 194 8.06% HARYANA SDL 2037 1,000.00 136 7.47% HARYANA SGS 2033 500.00 195 7.07% HARYANA SDL 2037 2,000.00 137 7.53% HARYANA SGS 2033 500.00 196 7.95% HARYANA SDL 2037 1,000.00 138 7.65% HARYANA SGS 2033 1,000.00 197 7.12% HARYANA SGS 2037 1,500.00 139 7.71% HARYANA SGS 2033 500.00 198 7.19% HARYANA SGS 2037 1,000.00 140 7.72% HARYANA SGS 2033 1,000.00 199 7.09% HARYANA SGS 2037 1,000.00 141 7.71% HARYANA SGS 2033 1,000.00 200 7.16% HARYANA SGS 2037 1,000.00 142 8.44% HARYANA SDL 2034 2,000.00 201 7.18% HARYANA SGS 2038 1,000.00 143 7.48% HARYANA SGS 2034 1,000.00 202 7.15% HARYANA SGS 2038 1,000.00 144 7.52% HARYANA SGS 2034 1,000.00 203 7.22% HARYANA SGS 2038 1,000.00 145 7.42% HARYANA SGS 2034 1,000.00 204 7.14% HARYANA SGS 2038 1,000.00 146 7.43% HARYANA SGS 2034 1,500.00 205 7.14% HARYANA SGS 2038 2,000.00 147 7.38% HARYANA SGS 2034 1,000.00 206 7.14% HARYANA SGS 2038 1,500.00 148 7.36% HARYANA SGS 2034 1,500.00 207 7.16% HARYANA SGS 2038 1,000.00 149 7.94% HARYANA SDL 2034 2,000.00 208 7.22% HARYANA SGS 2038 2,000.00 150 7.9% HARYANA SDL 2034 1,000.00 209 8.6% HARYANA SDL 2038 1,500.00 151 7.29% HARYANA SDL 2034 1,001.00 210 8.58% HARYANA SDL 2038 3,000.00 152 7.7% HARYANA SGS 2034 500.00 211 8.25% HARYANA SDL 2039 1,500.00 153 7.42% HARYANA SGS 2035 1,500.00 212 8.43% HARYANA SDL 2039 2,000.00 154 7.38% HARYANA SGS 2035 1,000.00 213 8.42% HARYANA SDL 2039 2,500.00 155 7.45% HARYANA SGS 2035 2,000.00 214 7.26% HARYANA SGS 2039 2,000.00 156 7.03% HARYANA SGS 2035 2,000.00 215 7.23% HARYANA SGS 2039 2,000.00 157 7.49% HARYANA SGS 2035 4,000.00 216 7.08% HARYANA SGS 2039 2,000.00 158 7.74% HARYANA SDL 2035 500.00 217 6.68% HARYANA SDL 2039 3,500.00 159 7.47% HARYANA SGS 2035 1,000.00 218 7.25% HARYANA SGS 2039 1,000.00 160 7.45% HARYANA SGS 2035 1,000.00 219 7.03% HARYANA SDL 2040 500.00 161 7.44% HARYANA SGS 2035 1,000.00 220 6.96% HARYANA SDL 2040 1,000.00 162 7.45% HARYANA SGS 2035 1,000.00 221 7.12% HARYANA SDL 2040 1,680.00 163 7.48% HARYANA SGS 2035 1,000.00 222 7.09% HARYANA SGS 2040 2,000.00 164 7.59% HARYANA SGS 2035 1,000.00 223 6.48% HARYANA SDL 2040 1,000.00 165 7.66% HARYANA SGS 2035 1,000.00 224 7.05% HARYANA SDL 2040 3,000.00 166 6.72% HARYANA SDL 2035 2,000.00 225 6.62% HARYANA SDL 2041 2,000.00 167 7.75% HARYANA SGS 2035 1,000.00 226 6.98% HARYANA SDL 2041 2,500.00 168 7.72% HARYANA SGS 2035 1,000.00 227 7.18% HARYANA SDL 2041 1,000.00 169 7.75% HARYANA SGS 2035 1,000.00 228 7.43% HARYANA SDL 2041 2,000.00 122Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 229 7.13% HARYANA SDL 2042 1,500.00 40 7.76% HIMACHAL PR SDL 2030 600.00 230 7.97% HARYANA SDL 2042 1,000.00 41 6.9% HIMACHAL PR SDL 2030 500.00 Total [A] 289,639.35 42 6.86% HIMACHAL PR SDL 2030 500.00 Special Securities 43 6.57% HIMACHAL PR SDL 2030 500.00 1 8.18% HARYANA UDAY BOND 2025 1,515.00 44 6.63% HIMACHAL PR SDL 2031 500.00 2 8.14% HARYANA UDAY BOND 2025 60.00 45 7.72% HIMACHAL PR SGS 2031 600.00 3 8.06% HARYANA UDAY BOND 2025 155.00 46 8.2% HIMACHAL PR SDL 2031 400.00 4 8.21% HARYANA UDAY BOND 2026 3,460.00 47 7.29% HIMACHAL PR SGS 2031 500.00 5 8.18% HARYANA UDAY BOND 2026 1,515.00 48 7.57% HIMACHAL PR SDL 2031 400.00 6 8.14% HARYANA UDAY BOND 2026 60.00 49 6.93% HIMACHAL PR SDL 2031 500.00 7 8.06% HARYANA UDAY BOND 2026 155.00 50 6.91% HIMACHAL PR SDL 2031 500.00 Total [B] 6,920.00 51 7.03% HIMACHAL PR SDL 2031 500.00 Total [A+B] 296,559.35 52 7.18% HIMACHAL PR SDL 2032 500.00 Loans not bearing interest 53 7.75% HIMACHAL PR SGS 2032 700.00 1 12.30% HARYANA SDL 2007 0.01 54 7.82% HIMACHAL PR SDL 2032 400.00 2 14.00 % HARYANA SDL 2005 0.01 55 6.98% HIMACHAL PR SDL 2032 500.00 Total [C] 0.02 56 7.49% HIMACHAL PR 2032 700.00 Total [A+B+C] 296,559.37 57 6.93% HIMACHAL PR SDL 2032 500.00 HIMACHAL PRADESH 58 7.57% HIMACHAL PR SGS 2032 500.00 Loans Bearing Interest 59 6.63% HIMACHAL PR SDL 2033 500.00 1 8.07% HIMACHAL PR SDL 2025 650.00 60 6.95% HIMACHAL PR SDL 2033 500.00 2 8.25% HIMACHAL PR SDL 2025 500.00 61 7.76% HIMACHAL PR SGS 2033 900.00 3 8.16% HIMACHAL PR SDL 2025 200.00 62 7.47% HIMACHAL PR SGS 2033 700.00 4 7.95% HIMACHAL PR SDL 2025 500.00 63 7.45% HIMACHAL PR SGS 2033 500.00 5 8.17% HIMACHAL PR SDL 2025 300.00 64 7.25% HIMACHAL PR SGS 2033 500.00 6 6.29% HIMACHAL PR SDL 2026 660.00 65 7.48% HIMACHAL PR SGS 2033 500.00 7 7.17% HIMACHAL PR SDL 2026 700.00 66 6.92% HIMACHAL PR SDL 2033 500.00 8 7.39% HIMACHAL PR SDL 2026 300.00 67 7.14% HIMACHAL PR SDL 2033 500.00 9 7.25% HIMACHAL PR SDL 2027 1,000.00 68 7.67% HIMACHAL PR SGS 2034 500.00 10 7.91% HIMACHAL PR SDL 2027 700.00 69 6.95% HIMACHAL PR SDL 2034 500.00 11 7.62% HIMACHAL PR SDL 2027 700.00 70 7.39% HIMACHAL PR SGS 2034 500.00 12 7.54% HIMACHAL PR SDL 2027 500.00 71 7.44% HIMACHAL PR SGS 2034 500.00 13 7.27% HIMACHAL PR SDL 2027 500.00 72 7.35% HIMACHAL PR SGS 2034 500.00 14 7.3% HIMACHAL PR SDL 2027 800.00 73 7.49% HIMACHAL PR SGS 2034 500.00 15 7.53% HIMACHAL PR SDL 2027 300.00 74 7.08% HIMACHAL PR SGS 2034 600.00 16 7.68% HIMACHAL PR SDL 2027 500.00 75 7.87% HIMACHAL PR SGS 2034 500.00 17 7.88% HIMACHAL PR SDL 2028 500.00 76 7.11% HIMACHAL PR SGS 2034 500.00 18 7.11% HIMACHAL PR SDL 2028 200.00 77 7.2% HIMACHALPRADESH SDL 2035 500.00 19 6.36% HIMACHAL PR SDL 2028 500.00 78 7.05% HIMACHAL PR SDL 2035 500.00 20 7.43% HIMACHAL PR SDL 2028 600.00 79 7.26% HIMACHAL PR SGS 2035 322.00 21 8.77% HIMACHAL PR SDL 2028 500.00 80 7.87% HIMACHAL PR SGS 2035 500.00 22 8.56% HIMACHAL PR SDL 2028 500.00 81 7.65% HIMACHAL PR SGS 2035 500.00 23 8.3% HIMACHAL PR SDL 2029 500.00 82 7.7% HIMACHAL PR SGS 2036 700.00 24 8.43% HIMACHAL PR SDL 2029 500.00 83 7.02% HIMACHAL PR SDL 2036 500.00 25 6.95% HIMACHAL PR SDL 2029 500.00 84 7.41% HIMACHAL PR SGS 2036 600.00 26 6.45% HIMACHAL PR SDL 2029 500.00 85 7.46% HIMACHAL PR SGS 2036 700.00 27 8.12% HIMACHAL PR SDL 2029 200.00 86 7.5% HIMACHAL PR SGS 2036 700.00 28 6.53% HIMACHAL PR SDL 2029 500.00 87 7.85% HIMACHAL PR SGS 2036 500.00 29 7.26% HIMACHAL PR SGS 2029 300.00 88 7.12% HIMACHAL PR SGS 2036 500.00 30 7.13% HIMACHAL PR SDL 2029 500.00 89 7.89% HIMACHAL PR SDL 2037 500.00 31 7.05% HIMACHAL PR SDL 2029 250.00 90 7.5% HIMACHAL PR SGS 2037 800.00 32 7.18% HIMACHAL PR SDL 2029 250.00 91 7.84% HIMACHAL PR SGS 2037 500.00 33 7.25% HIMACHAL PR SDL 2029 200.00 92 7.63% HIMACHAL PR SGS 2037 500.00 34 7.17% HIMACHALPRADESH SDL 2030 500.00 93 7.7% HIMACHAL PR SGS 2038 800.00 35 7.11% HIMACHAL PR SDL 2030 300.00 94 7.59% HIMACHAL PR SGS 2038 1,300.00 36 7.3% HIMACHAL PR SDL 2030 420.00 95 7.79% HIMACHAL PR SGS 2038 1,000.00 37 6.51% HIMACHAL PR SDL 2030 500.00 96 7.5% HIMACHAL PR SGS 2038 500.00 38 6.6% HIMACHAL PR SDL 2030 500.00 97 7.42% HIMACHAL PR SGS 2038 500.00 39 6.57% HIMACHAL PR SDL 2030 JUN 500.00 98 7.74% HIMACHAL PR SGS 2038 800.00 123State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 99 7.61% HIMACHAL PR SGS 2038 700.00 5 8.26% JAMMUKASHMIR SDL 2025 150.00 100 7.64% HIMACHAL PR SGS 2039 500.00 6 8.63% JAMMUKASHMIR SDL 2026 350.00 101 7.52% HIMACHAL PR SGS 2039 672.00 7 8.05% JAMMUKASHMIR SDL 2026 500.00 102 7.22% HIMACHAL PR SGS 2039 700.00 8 7.69% JAMMUKASHMIR SDL 2026 300.00 103 7.13% HIMACHAL PR SGS 2039 500.00 9 7.57% JAMMUKASHMIR SDL 2026 400.00 104 7.1% HIMACHAL PR SGS 2040 337.00 10 7.18% JAMMUKASHMIR SDL 2026 300.00 105 7.62% HIMACHAL PR SGS 2043 1,000.00 11 6.97% JAMMUKASHMIR SDL 2026 345.00 106 7.45% HIMACHAL PR SGS 2044 1,000.00 12 7.1% JAMMUKASHMIR SDL 2026 55.00 Total [A] 57,161.00 13 7.58% JAMMUKASHMIR SDL 2027 500.00 Special Securities 14 8.05% JAMMUKASHMIR SDL 2027 390.00 1 7.61% HIMACHAL UDAY BOND 2026 10.00 15 7.59% JAMMUKASHMIR SDL 2027 600.00 2 7.63% HIMACHAL UDAY BOND 2026 50.00 16 7.5% JAMMUKASHMIR SDL 2027 300.00 3 7.66% HIMACHAL UDAY BOND 2026 90.00 17 7.2% JAMMUKASHMIR SDL 2027 300.00 4 7.67% HIMACHAL UDAY BOND 2026 10.00 18 7.34% JAMMUKASHMIR SDL 2027 600.00 5 7.68% HIMACHAL UDAY BOND 2026 129.05 19 7.27% JAMMUKASHMIR SDL 2027 600.00 6 7.75% HIMACHAL UDAY BOND 2027 10.00 20 7.44% JAMMUKASHMIR SDL 2027 300.00 7 7.77% HIMACHAL UDAY BOND 2027 50.00 21 7.42% JAMMUKASHMIR SDL 2027 300.00 8 7.80% HIMACHAL UDAY BOND 2027 90.00 22 7.56% JAMMUKASHMIR SDL 2027 400.00 9 7.81% HIMACHAL UDAY BOND 2027 10.00 23 7.75% JAMMUKASHMIR SDL 2027 500.00 10 7.82% HIMACHAL UDAY BOND 2027 129.05 24 8.0% JAMMUKASHMIR SDL 2028 800.00 11 8.12% HIMACHAL UDAY BOND 2028 10.00 25 8.1% JAMMUKASHMIR SDL 2028 500.00 12 8.14% HIMACHAL UDAY BOND 2028 50.00 26 8.34% JAMMUKASHMIR SDL 2028 600.00 13 8.17% HIMACHAL UDAY BOND 2028 90.00 27 8.33% JAMMUKASHMIR SDL 2028 400.00 14 8.18% HIMACHAL UDAY BOND 2028 10.00 28 8.26% JAMMUKASHMIR SDL 2028 600.00 15 8.19% HIMACHAL UDAY BOND 2028 129.05 29 8.34% JAMMUKASHMIR SDL 2028 600.00 16 7.94% HIMACHAL UDAY BOND 2029 10.00 30 8.61% JAMMUKASHMIR SDL 2028 500.00 17 7.96% HIMACHAL UDAY BOND 2029 50.00 31 8.59% JAMMUKASHMIR SDL 2028 700.00 18 7.99% HIMACHAL UDAY BOND 2029 90.00 32 8.52% JAMMUKASHMIR SDL 2028 300.00 19 8.00% HIMACHAL UDAY BOND 2029 10.00 33 8.75% JAMMUKASHMIR SDL 2028 300.00 20 8.01% HIMACHAL UDAY BOND 2029 129.05 34 8.86% JAMMUKASHMIR SDL 2028 324.60 21 7.87% HIMACHAL UDAY BOND 2030 10.00 35 8.59% JAMMUKASHMIR SDL 2028 475.40 22 7.89% HIMACHAL UDAY BOND 2030 50.00 36 8.56% JAMMUKASHMIR SDL 2028 400.00 23 7.92% HIMACHAL UDAY BOND 2030 90.00 37 8.2% JAMMUKASHMIR SDL 2029 800.00 24 7.93% HIMACHAL UDAY BOND 2030 10.00 38 8.38% JAMMUKASHMIR SDL 2029 800.00 25 7.94% HIMACHAL UDAY BOND 2030 129.05 39 8.37% JAMMUKASHMIR SDL 2029 584.00 26 7.99% HIMACHAL UDAY BOND 2031 10.00 40 8.44% JAMMUKASHMIR SDL 2029 300.00 27 8.01% HIMACHAL UDAY BOND 2031 50.00 41 8.22% JAMMUKASHMIR SDL 2029 500.00 28 8.04% HIMACHAL UDAY BOND 2031 90.00 42 8.17% JAMMUKASHMIR SDL 2029 300.00 29 8.05% HIMACHAL UDAY BOND 2031 10.00 43 7.94% JAMMUKASHMIR SDL 2029 300.00 30 8.06% HIMACHAL UDAY BOND 2031 129.05 44 7.59% JAMMUKASHMIR SDL 2029 249.00 31 7.92% HIMACHAL UDAY BOND 2032 10.00 45 7.28% JAMMUKASHMIR SDL 2029 500.00 32 7.94% HIMACHAL UDAY BOND 2032 50.00 46 6.9% JAMMUKASHMIR SDL 2029 500.00 33 7.97% HIMACHAL UDAY BOND 2032 90.00 47 7.39% JAMMUKASHMIR SDL 2029 400.00 34 7.98% HIMACHAL UDAY BOND 2032 10.00 48 7.24% JAMMUKASHMIR SDL 2029 400.00 35 7.99% HIMACHAL UDAY BOND 2032 129.05 49 7.17% JAMMUKASHMIR SDL 2029 800.00 Total [B] 2,023.35 50 7.17% JAMMUKASHMIR SDL 2029 334.00 Total [A+B] 59,184.35 51 7.3% JAMMUKASHMIR SDL 2029 500.00 Loans not bearing interest 52 7.19% JAMMUKASHMIR SDL 2029 300.00 1 10.35% H.P. SDL 2011 0.01 53 7.2% JAMMUKASHMIR SDL 2029 309.00 2 14.00% H.P. SDL 2005 0.01 54 7.28% JAMMUKASHMIR SDL 2030 600.00 3 12.00% H.P. SDL 2011 0.04 55 7.1% JAMMUKASHMIR SDL 2030 600.00 Total [C] 0.06 56 7.07% JAMMUKASHMIR SDL 2030 603.00 Total [A+B+C] 59,184.41 57 7.95% JAMMUKASHMIR SDL 2030 1,074.00 JAMMU AND KASHMIR Total [A] 26,193.00 Loans Bearing Interest Special Securities 1 8.18% JAMMUKASHMIR SDL 2025 500.00 1 7.23% J AND K UDAY BOND 2025 139.76 2 8.3% JAMMUKASHMIR SDL 2025 500.00 2 8.22% J AND K UDAY BOND 2026 214.00 3 8.28% JAMMUKASHMIR SDL 2025 450.00 3 7.14% J AND K UDAY BOND 2026 139.76 4 8.17% JAMMUKASHMIR SDL 2025 300.00 4 8.45% J AND K UDAY BOND 2027 214.00 124Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 5 7.44% J AND K UDAY BOND 2027 139.76 43 7.55% JAMMUKASHMIR SGS 2038 700.00 6 8.65% J AND K UDAY BOND 2028 214.00 44 7.37% JAMMUKASHMIR SGS 2038 1,000.00 7 7.44% J AND K UDAY BOND 2028 139.76 45 7.44% JAMMUKASHMIR SGS 2038 400.00 8 8.48% J AND K UDAY BOND 2029 214.00 46 7.61% JAMMUKASHMIR SGS 2042 1,000.00 9 7.29% J AND K UDAY BOND 2029 139.76 47 7.74% JAMMUKASHMIR SGS 2043 600.00 10 8.62% J AND K UDAY BOND 2030 214.00 48 7.72% JAMMUKASHMIR SGS 2043 600.00 11 7.40% J AND K UDAY BOND 2030 139.76 49 7.68% JAMMUKASHMIR SGS 2044 330.00 12 8.72% J AND K UDAY BOND 2031 214.00 50 7.4% JAMMUKASHMIR SGS 2044 400.00 13 7.49% J AND K UDAY BOND 2031 139.76 51 7.47% JAMMUKASHMIR SGS 2044 200.00 Total [B] 2,262.29 52 7.1% JAMMUKASHMIR SGS 2044 400.00 Total [A+B] 28,455.29 53 7.18% JAMMUKASHMIR SGS 2045 200.00 Loans not bearing interest 54 7.29% JAMMUKASHMIR SGS 2045 500.00 1 14.00% J&K SDL 2005 0.01 55 7.43% JAMMUKASHMIR SGS 2046 800.00 Total [C] 0.01 56 7.36% JAMMUKASHMIR SGS 2046 500.00 Total [A+B+C] 28,455.30 57 7.35% JAMMUKASHMIR SGS 2046 500.00 JAMMU AND KASHMIR UT 58 7.08% JAMMUKASHMIR SGS 2046 400.00 Loans Bearing Interest 59 7.2% JAMMUKASHMIR SGS 2047 300.00 1 8.15% JAMMUKASHMIR SDL 2030 800.00 60 7.56% JAMMUKASHMIR SGS 2048 900.00 2 6.79% JAMMUKASHMIR SDL 2030 500.00 61 7.71% JAMMUKASHMIR SGS 2048 600.00 3 6.62% JAMMUKASHMIR SDL 2030 400.00 62 7.46% JAMMUKASHMIR SGS 2049 1,000.00 4 6.58% JAMMUKASHMIR SDL 2030 800.00 63 7.36% JAMMUKASHMIR SGS 2049 200.00 5 6.46% JAMMUKASHMIR SDL 2030 800.00 64 7.41% JAMMUKASHMIR SGS 2049 1,000.00 6 6.7% JAMMUKASHMIR SDL 2030 400.00 65 7.35% JAMMUKASHMIR SGS 2049 500.00 7 6.65% JAMMUKASHMIR SDL 2030 500.00 66 7.38% JAMMUKASHMIR SGS 2049 1,000.00 8 6.99% JAMMUKASHMIR SDL 2031 700.00 67 7.27% JAMMUKASHMIR SGS 2049 450.00 9 6.84% JAMMUKASHMIR SDL 2031 201.00 68 7.16% JAMMUKASHMIR SGS 2049 400.00 10 7.22% JAMMUKASHMIR SGS 2032 300.00 69 7.1% JAMMUKASHMIR SGS 2049 400.00 11 7.72% JAMMUKASHMIR SDL 2032 1,000.00 70 7.58% JAMMUKASHMIR SGS 2050 900.00 12 7.15% JAMMUKASHMIR SDL 2032 500.00 71 7.64% JAMMUKASHMIR SGS 2050 600.00 13 6.7% JAMMUKASHMIR SDL 2032 1,005.00 72 7.38% JAMMUKASHMIR SGS 2051 500.00 14 6.78% JAMMUKASHMIR SDL 2033 500.00 73 7.33% JAMMUKASHMIR SGS 2051 500.00 15 6.9% JAMMUKASHMIR SDL 2033 400.00 74 7.35% JAMMUKASHMIR SGS 2051 1,000.00 16 7.1% JAMMUKASHMIR SDL 2033 900.00 75 7.23% JAMMUKASHMIR SGS 2051 200.00 17 7.1% JAMMUKASHMIR SDL 2033 500.00 76 7.14% JAMMUKASHMIR SGS 2051 400.00 18 7.06% JAMMUKASHMIR SDL 2033 400.00 77 7.44% JAMMUKASHMIR SGS 2053 500.00 19 7.0% JAMMUKASHMIR SDL 2033 500.00 78 7.43% JAMMUKASHMIR SGS 2053 500.00 20 7.13% JAMMUKASHMIR SDL 2034 600.00 79 7.45% JAMMUKASHMIR SGS 2053 400.00 21 7.57% JAMMUKASHMIR SGS 2034 500.00 80 7.43% JAMMUKASHMIR SGS 2053 500.00 22 7.6% JAMMUKASHMIR SGS 2035 500.00 81 7.41% JAMMUKASHMIR SGS 2053 373.00 23 7.77% JAMMUKASHMIR SGS 2035 500.00 82 7.56% JAMMUKASHMIR SGS 2053 400.00 24 7.79% JAMMUKASHMIR SGS 2035 500.00 83 7.6% JAMMUKASHMIR SGS 2053 300.00 25 7.8% JAMMUKASHMIR SGS 2035 727.72 84 7.63% JAMMUKASHMIR SGS 2053 600.00 26 7.37% JAMMUKASHMIR SGS 2035 800.00 85 7.6% JAMMUKASHMIR SGS 2053 1,100.00 27 7.36% JAMMUKASHMIR SGS 2035 500.00 86 7.63% JAMMUKASHMIR SGS 2053 600.00 28 6.96% JAMMUKASHMIR SDL 2035 1,005.00 87 7.48% JAMMUKASHMIR SGS 2054 630.00 29 6.8% JAMMUKASHMIR SDL 2035 600.00 88 7.45% JAMMUKASHMIR SGS 2054 1,000.00 30 6.64% JAMMUKASHMIR SDL 2036 500.00 89 7.51% JAMMUKASHMIR SGS 2054 404.49 31 7.24% JAMMUKASHMIR SDL 2036 617.00 90 7.34% JAMMUKASHMIR SGS 2054 1,000.00 32 7.04% JAMMUKASHMIR SDL 2036 800.00 91 7.28% JAMMUKASHMIR SGS 2054 500.00 33 7.08% JAMMUKASHMIR SDL 2036 600.00 92 7.23% JAMMUKASHMIR SGS 2054 400.00 34 6.98% JAMMUKASHMIR SDL 2036 500.00 93 7.11% JAMMUKASHMIR SGS 2055 320.00 35 6.94% JAMMUKASHMIR SDL 2036 500.00 7.08% JAMMUKASHMIR SGS 2055 300.00 36 7.14% JAMMUKASHMIR SDL 2036 800.00 Total [A] 55,470.49 37 7.12% JAMMUKASHMIR SDL 2037 614.00 JHARKHAND 38 7.39% JAMMUKASHMIR SDL 2037 948.00 Loans Bearing Interest 39 8.06% JAMMUKASHMIR SDL 2037 1,250.00 1 8.3% JHARKHAND SDL 2025 1,000.00 40 7.77% JAMMUKASHMIR SGS 2037 800.00 2 7.98% JHARKHAND SDL 2025 500.00 41 7.68% JAMMUKASHMIR SGS 2037 500.00 3 8.17% JHARKHAND SDL 2025 500.00 42 7.7% JAMMUKASHMIR SGS 2037 495.28 4 8.17% JHARKHAND SDL 2025 500.00 125State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 5 8.25% JHARKHAND SDL 2025 500.00 5 8.62% JHARKHAND UDAY BOND 2030 555.34 6 8.42% JHARKHAND SDL 2026 500.00 6 8.72% JHARKHAND UDAY BOND 2031 555.31 7 8.82% JHARKHAND SDL 2026 1,850.00 Total [B] 3,332.01 8 7.25% JHARKHAND SDL 2026 1,000.00 Total [A+B] 55,744.66 9 7.4% JHARKHAND SDL 2026 500.00 Loans not bearing interest 10 6.9% JHARKHAND SDL 2026 1,000.00 1 14.00% BIHAR SDL 2005 0.01 11 7.21% JHARKHAND SDL 2027 1,000.00 2 13.00% BIHAR SDL 2007 0.00 12 7.8% JHARKHAND SDL 2027 657.50 3 12.00% BIHAR SDL 2011 0.00 13 7.94% JHARKHAND SDL 2027 893.00 4 11.50% BIHAR SDL 2011 0.00 14 7.59% JHARKHAND SDL 2027 103.50 5 11.50% BIHAR SDL 2010 0.00 15 7.6% JHARKHAND SDL 2027 1,500.00 6 11.50% BIHAR SDL 2009 0.01 16 7.27% JHARKHAND SDL 2027 1,000.00 Total [C] 0.02 17 7.26% JHARKHAND SDL 2027 500.00 Total [A+B+C] 55,744.68 18 6.92% JHARKHAND SGS 2028 1,500.00 KARNATAKA 19 8.51% JHARKHAND SDL 2028 500.00 Loans Bearing Interest 1 5.75% KARNATAKA SDL 2025 1,000.00 20 8.84% JHARKHAND SDL 2028 500.00 2 7.98% KARNATAKA SDL 2025 2,000.00 21 8.4% JHARKHAND SDL 2028 500.00 3 7.99% KARNATAKA SDL 2025 1,000.00 22 8.35% JHARKHAND SDL 2028 500.00 4 8.59% KARNATAKA SDL 2025 2,000.00 23 8.36% JHARKHAND SDL 2029 1,000.00 5 8.14% KARNATAKA SDL 2025 2,000.00 24 8.31% JHARKHAND SDL 2029 1,000.00 6 8.16% KARNATAKA SDL 2025 2,000.00 25 8.44% JHARKHAND SDL 2029 500.00 7 8.22% KARNATAKA SDL 2025 2,187.50 26 8.43% JHARKHAND SDL 2029 1,009.00 8 8.27% KARNATAKA SDL 2025 2,000.00 27 6.96% JHARKHAND SGS 2029 2,000.00 9 8.27% KARNATAKA SDL 2026 1,500.00 28 7.63% JHARKHAND SGS 2030 1,000.00 10 8.38% KARNATAKA SDL 2026 1,500.00 29 7.05% JHARKHAND SDL 2030 1,000.00 11 8.67% KARNATAKA SDL 2026 2,000.00 30 6.99% JHARKAHND SDL 2030 1,500.00 12 8.28% KARNATAKA SDL 2026 2,000.00 31 6.93% JHARKHAND SDL 2030 1,200.00 13 5.7% KARNATAKA SDL 2026 1,000.00 32 6.62% JHARKHAND SDL 2030 1,400.00 14 7.14% KARNATAKA SDL 2026 2,000.00 33 7.37% JHARKHAND SDL 2031 1,500.00 15 7.22% KARNATAKA SDL 2026 2,000.00 34 6.87% JHARKHAND SDL 2031 500.00 16 7.37% KARNATAKA SDL 2026 2,000.00 35 7.58% JHARKHAND SGS 2031 1,000.00 17 6.83% KARNATAKA SDL 2026 2,000.00 36 7.68% JHARKHAND SGS 2032 1,000.00 18 7.08% KARNATAKA SDL 2026 3,500.00 37 8.1% JHARKHAND SDL 2032 1,500.00 19 7.27% KARNATAKA SDL 2026 3,500.00 38 7.43% JHARKHAND SDL 2032 509.65 20 7.15% KARNATAKA SDL 2027 2,000.00 39 7.49% JHARKHAND SDL 2032 1,000.00 21 7.2% KARNATAKA SDL 2027 1,500.00 40 7.62% JHARKHAND SDL 2032 1,000.00 22 7.59% KARNATAKA SDL 2027 2,000.00 41 7.67% JHARKHAND SDL 2032 500.00 23 7.75% KARNATAKA SDL 2027 2,686.00 42 6.68% JHARKHAND SDL 2032 1,000.00 24 7.86% KARNATAKA SDL 2027 2,686.00 43 7.68% JHARKHAND SDL 2032 500.00 25 7.59% KARNATAKA SDL 2027 2,135.00 44 7.79% JHARKHAND SDL 2032 490.00 26 6.12% KARNATAKA SDL 2027 1,000.00 45 7.9% JHARKHAND SDL 2033 500.00 27 7.04% KARNATAKA SDL 2027 1,000.00 46 8.08% JHARKHAND SDL 2033 500.00 28 7.38% KARNATAKA SDL 2027 2,500.00 47 7.0% JHARKHAND SDL 2033 1,000.00 29 6.9% KARNATAKA SGS 2027 2,000.00 48 6.66% JHARKHAND SDL 2034 1,400.00 30 7.51% KARNATAKA SDL 2027 1,000.00 49 6.82% JHARKHAND SDL 2034 1,000.00 31 7.17% KARNATAKA SDL 2027 1,000.00 50 7.86% JHARKHAND SGS 2034 1,000.00 32 7.55% KARNATAKA SDL 2027 1,000.00 51 7.2% JHARKHAND SDL 2035 1,400.00 33 7.62% KARNATAKA SDL 2027 1,500.00 52 7.28% JHARKHAND SDL 2036 1,000.00 34 7.64% KARNATAKA SDL 2027 1,000.00 53 6.86% JHARKHAND SDL 2036 1,000.00 35 7.7% KARNATAKA SDL 2027 1,000.00 54 7.28% JHARKHAND SDL 2037 2,500.00 36 7.54% KARNATAKA SDL 2027 1,500.00 55 7.67% JHARKHAND SGS 2037 1,000.00 37 7.65% KARNATAKA SDL 2027 2,000.00 56 7.35% JHARKHAND SDL 2038 1,000.00 38 7.65% KARNATAKA SDL 2027 1,500.00 Total [A] 52,412.65 39 7.76% KARNATAKA SDL 2027 1,500.00 Special Securities 40 7.69% KARNATAKA SDL 2027 2,000.00 1 8.22% JHARKHAND UDAY BOND 2026 555.34 41 7.82% KARNATAKA SDL 2027 1,598.00 2 8.45% JHARKHAND UDAY BOND 2027 555.34 42 7.79% KARNATAKA SDL 2028 2,000.00 3 8.65% JHARKHAND UDAY BOND 2028 555.34 43 8.0% KARNATAKA SDL 2028 1,000.00 4 8.48% JHARKHAND UDAY BOND 2029 555.34 44 8.03% KARNATAKA SDL 2028 2,000.00 126Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 45 6.97% KARNATAKA SDL 2028 2,500.00 104 6.51% KARNATAKA SDL 2030 1,000.00 46 6.99% KARNATAKA SDL 2028 1,000.00 105 8.22% KARNATAKA SDL 2031 2,000.00 47 6.09% KARNATAKA SDL 2028 1,000.00 106 7.2% KARNATAKA SDL 2031 1,000.00 48 6.32% KARNATAKA SDL 2028 2,000.00 107 7.08% KARNATAKA SDL 2031 1,000.00 49 6.95% KARNATAKA SGS 2028 3,000.00 108 7.93% KARNATAKA SDL 2031 1,000.00 50 7.15% KARNATAKA SDL 2028 4,000.00 109 6.51% KARNATAKA SDL 2031 1,000.00 51 7.23% KARNATAKA SDL 2028 4,000.00 110 6.4% KARNATAKA SDL 2031 1,000.00 52 8.52% KARNATAKA SDL 2028 2,000.00 111 6.49% KARNATAKA SDL 2031 1,000.00 53 8.08% KARNATAKA SDL 2028 3,000.00 112 7.08% KARNATAKA SGS 2031 6,000.00 54 8.28% KARNATAKA SDL 2029 2,000.00 113 6.97% KARNATAKA SDL 2031 1,000.00 55 8.17% KARNATAKA SDL 2029 1,000.00 114 6.88% KARNATAKA SDL 2031 1,000.00 56 8.19% KARNATAKA SDL 2029 2,000.00 115 6.96% KARNATAKA SDL 2031 1,000.00 57 8.32% KARNATAKA SDL 2029 2,000.00 116 6.95% KARNATAKA SDL 2031 1,000.00 58 8.3% KARNATAKA SDL 2029 1,500.00 117 6.48% KARNATAKA SDL 2031 1,000.00 59 8.34% KARNATAKA SDL 2029 1,000.00 118 7.68% KARNATAKA SGS 2031 2,000.00 60 8.32% KARNATAKA SDL 2029 MAR 2,000.00 119 6.9% KARNATAKA SDL 2031 1,000.00 61 8.16% KARNATAKA SDL 2029 1,500.00 120 6.87% KARNATAKA SDL 2031 1,000.00 62 8.06% KARNATAKA SDL 2029 1,500.00 121 6.83% KARNATAKA SDL 2031 1,000.00 63 6.9% KARNATAKA SDL 2029 4,000.00 122 6.83% KARNATAKA SDL 2031 1,000.00 64 7.07% KARNATAKA SDL 2029 1,000.00 123 6.83% KARNATAKA SDL 2031 1,000.00 65 7.11% KARNATAKA SDL 2029 1,000.00 124 6.96% KARNATAKA SDL 2031 1,000.00 66 7.15% KARNATAKA SDL 2029 1,000.00 125 7.02% KARNATAKA SDL 2031 2,000.00 67 7.2% KARNATAKA SDL 2029 5,200.00 126 7.1% KARNATAKA SDL 2032 2,000.00 68 7.07% KARNATAKA SGS 2029 2,000.00 127 7.1% KARNATAKA SGS 2032 1,460.14 69 7.17% KARNATAKA SDL 2029 4,200.00 128 7.14% KARNATAKA SDL 2032 2,000.00 70 7.14% KARNATAKA SDL 2029 1,000.00 129 7.21% KARNATAKA SDL 2032 2,500.00 71 7.14% KARNATAKA SDL 2029 4,200.00 130 7.3% KARNATAKA SDL 2032 2,000.00 72 7.16% KARNATAKA SDL 2030 3,000.00 131 7.42% KARNATAKA SGS 2032 1,000.00 73 7.17% KARNATAKA SDL 2030 2,000.00 132 6.64% KARNATAKA SDL 2032 1,000.00 74 6.9% KARNATAKA SDL 2030 2,000.00 133 7.16% KARNATAKA SGS 2032 2,000.00 75 6.97% KARNATAKA SDL 2030 2,400.00 134 7.22% KARNATAKA SGS 2032 2,000.00 76 7.09% KARNATAKA SDL 2030 2,500.00 135 6.78% KARNATAKA SDL 2032 1,000.00 77 7.8% KARNATAKA SDL 2030 1,000.00 136 7.04% KARNATAKA SGS 2032 3,000.00 78 6.49% KARNATAKA SDL 2030 1,000.00 137 6.93% KARNATAKA SDL 2032 1,000.00 79 6.58% KARNATAKA SDL 2030 4,000.00 138 7.1% KARNATAKA SGS 2032 2,000.00 80 6.4% KARNATAKA SDL 2030 1,000.00 139 7.03% KARNATAKA SDL 2032 1,000.00 81 6.48% KARNATAKA SDL 2030 1,000.00 140 7.64% KARNATAKA SGS 2032 1,000.00 82 6.5% KARNATAKA SDL 2030 1,000.00 141 6.62% KARNATAKA SDL 2032 1,000.00 83 6.63% KARNATAKA SDL 2030 1,000.00 142 7.67% KARNATAKA SGS 2032 2,000.00 84 6.4% KARNATAKA SDL 2030 1,000.00 143 6.66% KARNATAKA SDL 2032 1,000.00 85 6.56% KARNATAKA SDL 2030 1,000.00 144 6.88% KARNATAKA SDL 2032 1,000.00 86 6.65% KARNATAKA SDL 2030 1,000.00 145 7.6% KARNATAKA SGS 2032 2,000.00 87 6.7% KARNATAKA SDL 2030 1,000.00 146 7.6% KARNATAKA SGS 2032 2,000.00 88 6.96% KARNATAKA SGS 2030 3,000.00 147 6.62% KARNATAKA SDL 2032 1,000.00 89 6.85% KARNATAKA SDL 2030 1,000.00 148 7.6% KARNATAKA SGS 2033 2,000.00 90 7.0% KARNATAKA SGS 2030 2,000.00 149 7.18% KARNATAKA SDL 2033 2,000.00 91 6.86% KARNATAKA SDL 2030 1,000.00 150 7.1% KARNATAKA SGS 2033 565.01 92 6.61% KARNATAKA SDL 2030 1,000.00 151 6.61% KARNATAKA SDL 2033 1,000.00 93 6.51% KARNATAKA SDL 2030 1,000.00 152 7.48% KARNATAKA SGS 2033 4,000.00 94 6.4% KARNATAKA SDL 2030 1,000.00 153 7.44% KARNATAKA SGS 2033 2,000.00 95 6.4% KARNATAKA SDL 2030 1,000.00 154 7.11% KARNATAKA SGS 2033 4,000.00 96 6.47% KARNATAKA SDL 2030 1,000.00 155 6.77% KARNATAKA SDL 2033 1,000.00 97 6.49% KARNATAKA SDL 2030 1,000.00 156 6.75% KARNATAKA SDL 2033 1,000.00 98 6.5% KARNATAKA SDL 2030 1,000.00 157 7.03% KARNATAKA SGS 2033 1,000.00 99 7.09% KARNATAKA SGS 2030 2,000.00 158 7.12% KARNATAKA SGS 2033 2,000.00 100 6.53% KARNATAKA SDL 2030 1,000.00 159 6.75% KARNATAKA SDL 2033 1,000.00 101 6.54% KARNATAKA SDL 2030 1,000.00 160 8.73% KARNATAKA SDL 2033 2,000.00 102 6.52% KARNATAKA SDL 2030 1,000.00 161 7.69% KARNATAKA SGS 2033 1,000.00 103 6.51% KARNATAKA SDL 2030 1,000.00 162 7.7% KARNATAKA SGS 2033 3,000.00 127State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 163 6.72% KARNATAKA SDL 2033 1,000.00 222 7.2% KARNATAKA SGS 2037 2,000.00 164 7.69% KARNATAKA SGS 2033 2,000.00 223 7.74% KARNATAKA SGS 2037 4,000.00 165 6.89% KARNATAKA SDL 2033 1,000.00 224 7.63% KARNATAKA SGS 2037 2,000.00 166 7.02% KARNATAKA SDL 2033 1,000.00 225 6.69% KARNATAKA SDL 2037 1,000.00 167 7.74% KARNATAKA SGS 2034 3,000.00 226 7.68% KARNATAKA SGS 2037 3,000.00 168 7.29% KARNATAKA SDL2034 2,000.00 227 7.71% KARNATAKA SGS 2038 2,000.00 169 7.32% KARNATAKA SDL 2034 2,500.00 228 7.15% KARNATAKA SGS 2038 2,000.00 170 7.44% KARNATAKA SGS 2034 3,000.00 229 7.37% KARNATAKA SDL 2038 2,500.00 171 7.36% KARNATAKA SGS 2034 1,000.00 230 7.13% KARNATAKA SDL 2038 4,000.00 172 7.13% KARNATAKA SGS 2034 4,000.00 231 7.22% KARNATAKA SDL 2038 1,000.00 173 6.77% KARNATAKA SDL 2034 1,000.00 232 7.22% KARNATAKA SDL 2038 1,000.00 174 7.08% KARNATAKA SDL 2034 1,000.00 233 7.24% KARNATAKA SDL 2038 1,000.00 175 7.08% KARNATAKA SGS 2034 2,000.00 234 7.37% KARNATAKA SGS 2038 2,000.00 176 7.08% KARNATAKA SDL 2034 1,000.00 235 7.46% KARNATAKA SGS 2038 2,000.00 177 7.7% KARNATAKA SGS 2034 1,000.00 236 7.59% KARNATAKA SGS 2038 2,000.00 178 6.75% KARNATAKA SDL 2034 1,000.00 237 7.6% KARNATAKA SGS 2038 2,000.00 179 7.73% KARNATAKA SGS 2034 3,000.00 238 7.68% KARNATAKA SGS 2039 2,000.00 180 7.68% KARNATAKA SGS 2034 2,000.00 239 7.36% KARNATAKA SDL 2039 2,500.00 181 6.63% KARNATAKA SDL 2034 1,000.00 240 7.13% KARNATAKA SDL 2039 2,000.00 182 7.65% KARNATAKA SGS 2034 2,000.00 241 7.35% KARNATAKA SDL 2039 1,000.00 183 7.12% KARNATAKA SDL 2034 2,000.00 242 7.42% KARNATAKA SGS 2039 2,000.00 184 7.73% KARNATAKA SGS 2035 3,000.00 243 7.29% KARNATAKA SDL 2039 1,000.00 185 7.22% KARNATAKA SDL 2035 1,000.00 244 7.19% KARNATAKA SDL 2039 1,000.00 186 7.31% KARNATAKA SDL 2035 1,000.00 245 7.63% KARNATAKA SGS 2039 2,000.00 187 7.44% KARNATAKA SDL 2035 2,000.00 246 7.64% KARNATAKA SGS 2039 2,000.00 188 7.42% KARNATAKA SGS 2035 3,000.00 247 7.69% KARNATAKA SGS 2040 3,000.00 189 7.45% KARNATAKA SGS 2035 2,000.00 248 7.33% KARNATAKA SDL 2040 1,000.00 190 7.11% KARNATAKA SGS 2035 2,000.00 249 7.45% KARNATAKA SGS 2040 1,000.00 191 6.61% KARNATAKA SDL 2035 3,000.00 250 7.35% KARNATAKA SDL 2040 1,000.00 192 7.22% KARNATAKA SGS 2035 2,000.00 251 7.19% KARNATAKA SDL 2040 1,000.00 193 7.09% KARNATAKA SGS 2035 2,000.00 252 7.63% KARNATAKA SGS 2040 2,000.00 194 7.1% KARNATAKA SGS 2035 4,000.00 253 7.16% KARNATAKA SGS 2040 2,000.00 195 7.73% KARNATAKA SGS 2035 1,000.00 254 7.73% KARNATAKA SGS 2041 2,000.00 196 6.75% KARNATAKA SDL 2035 3,000.00 255 7.13% KARNATAKA SGS 2041 2,000.00 197 7.72% KARNATAKA SGS 2035 2,000.00 256 7.54% KARNATAKA SGS 2041 2,000.00 198 7.72% KARNATAKA SGS 2035 1,000.00 257 7.15% KARNATAKA SGS 2042 4,000.00 199 6.65% KARNATAKA SDL 2035 1,000.00 258 7.67% KARNATAKA SGS 2042 3,000.00 200 7.11% KARNATAKA SGS 2035 2,000.00 259 7.66% KARNATAKA SGS 2042 4,000.00 201 7.74% KARNATAKA SGS 2036 3,000.00 260 7.63% KARNATAKA SGS 2042 2,000.00 202 7.22% KARNATAKA SGS 2036 2,000.00 261 7.15% KARNATAKA SGS 2043 2,000.00 203 7.35% KARNATAKA SDL 2036 2,000.00 Total [A] 471,817.65 204 7.16% KARNATAKA SDL 2036 2,000.00 Compensation Bonds 205 7.29% KARNATAKA SDL 2036 1,000.00 1 3% Bombay Land Tenure Abolition Acts.(Mysore)Compe 0.29 206 7.41% KARNATAKA SGS 2036 3,000.00 2 5% Urban Land Ceiling Karnataka Bonds 1976 0.09 207 7.16% KARNATAKA SGS 2036 2,000.00 3 2.75% Mysore Inams Abolition Compensation Bonds. 0.02 208 7.15% KARNATAKA SGS 2036 4,000.00 Total [B] 0.40 209 7.73% KARNATAKA SGS 2036 1,000.00 Total [A+B] 471818.05 210 7.67% KARNATAKA SGS 2036 1,000.00 Loans not bearing interest 211 6.68% KARNATAKA SDL 2036 1,000.00 1 12.50% KARNATAKA SDL 2008 0.00 212 7.71% KARNATAKA SGS 2036 3,000.00 2 13.05% KARNATAKA SDL 2007 0.01 213 7.12% KARNATAKA SGS 2036 2,000.00 3 14.00% KARNATAKA SDL 2005 0.03 214 7.72% KARNATAKA SGS 2037 2,000.00 4 11.50% KARNATAKA SDL 2010 0.00 215 7.33% KARNATAKA SDL 2037 2,000.00 5 11.50% KARNATAKA SDL 2008 0.00 216 6.6% KARNATAKA SDL 2037 1,000.00 Total [C] 0.05 217 7.12% KARNATAKA SDL 2037 2,000.00 Total [A+B+C] 471818.09 218 7.29% KARNATAKA SDL 2037 1,000.00 KERALA 219 7.24% KARNATAKA SDL 2037 1,000.00 Loans Bearing Interest 220 7.37% KARNATAKA SGS 2037 3,000.00 1 8.07% KERALA SDL 2025 1500 221 7.45% KARNATAKA SGS 2037 2,000.00 2 8.05% KERALA SDL 2025 500 128Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 3 8.24% KERALA SDL 2025 1000 62 8.54% KERALA SDL 2028 1500 4 5.91% KERALA SDL 2025 500 63 8.38% KERALA SDL 2028 800 5 5.77% KERALA SDL 2025 300 64 8.19% KERALA SDL 2028 1000 6 8.24% KERALA SDL 2025 400 65 8.35% KERALA SDL 2029 1000 7 8.18% KERALA SDL 2025 300 66 8.31% KERALA SDL 2029 700 8 5.53% KERALA SDL 2025 1000 67 8.35% KERALA SDL 2029 MAR 500 9 8.29% KERALA SDL 2025 1500 68 8.17% KERALA SDL 2029 1500 10 8.27% KERALA SDL 2025 2000 69 8.18% KERALA SDL 2029 500 11 6.04% KERALA SDL 2025 500 70 8.16% KERALA SDL 2029 1000 12 8.31% KERALA SDL 2025 500 71 8.06% KERALA SDL 2029 1000 13 7.99% KERALA SDL 2025 1500 72 8.01% KERALA SDL 2029 500 14 8.16% KERALA SDL 2025 500 73 7.78% KERALA SDL 2029 1000 15 8.17% KERALA SDL 2025 750 74 7.59% KERALA SDL 2029 300 16 8.18% KERALA SDL 2025 500 75 7.31% KERALA SDL 2029 429 17 8.24% KERALA SDL 2025 550 76 7.28% KERALA SDL 2029 1000 18 8.42% KERALA SDL 2026 750 77 7.13% KERALA SDL 2029 1000 19 8.49% KERALA SDL 2026 750 78 7.1% KERALA SDL 2029 1000 20 8.69% KERALA SDL 2026 1000 79 7.15% KERALA SDL 2029 1000 21 8.53% KERALA SDL 2026 500 80 7.08% KERALA SDL 2029 1453 22 8.08% KERALA SDL 2026 500 81 7.11% KERALA SDL 2029 600 23 7.98% KERALA SDL 2026 500 82 7.15% KERALA SDL 2029 400 24 7.96% KERALA SDL 2026 500 83 7.23% KERALA SDL 2029 1000 25 7.98% KERALA SDL 2026 1800 84 7.18% KERALA SDL 2029 1000 26 8.07% KERALA SDL 2026 1000 85 7.28% KERALA SDL 2030 500 27 7.98% KERALA SDL 2026 500 86 7.16% KERALA SDL 2030 420 28 7.69% KERALA SDL 2026 500 87 7.03% KERALA SDL 2030 1000 29 7.61% KERALA SDL 2026 1500 88 7.05% KERALA SDL 2030 1000 30 7.59% KERALA SDL 2026 2300 89 6.84% KERALA SDL 2030 471 31 7.15% KERALA SDL 2026 750 90 7.91% KERALA SDL 2030 2000 32 7.38% KERALA SDL 2026 1000 91 8.32% KERALA SDL 2030 1000 33 6.85% KERALA SDL 2026 1500 92 6.63% KERALA SDL 2030 500 34 7.29% KERALA SDL 2026 1050 93 6.55% KERALA SDL 2030 1000 35 7.15% KERALA SDL 2027 1500 94 8.48% KERALA SDL 2030 2500 36 7.77% KERALA SDL 2027 1500 95 6.8% KERALA SDL 2031 1000 37 7.8% KERALA SDL 2027 1400 96 6.78% KERALA SDL 2031 1000 38 6.72% KERALA SDL 2027 1000 97 6.81% KERALA SDL 2031 1000 39 7.64% KERALA SDL 2027 2000 98 6.97% KERALA SDL 2031 1500 40 7.55% KERALA SDL 2027 1000 99 7.08% KERALA SGS 2031 1249 41 7.2% KERALA SDL 2027 500 100 7.17% KERALA SDL 2032 1000 42 7.22% KERALA SDL 2027 500 101 7.31% KERALA SDL 2032 2000 43 7.25% KERALA SDL 2027 500 102 6.82% KERALA SDL 2032 1000 44 7.19% KERALA SDL 2027 1000 103 8.1% KERALA SDL 2032 2000 45 6.7% KERALA SDL 2027 500 104 7.48% KERALA SDL 2032 4500 46 6.5% KERALA SDL 2027 500 105 7.63% KERALA SGS 2032 1500 47 6.22% KERALA SDL 2027 2000 106 7.83% KERALA SDL 2033 1000 48 6.17% KERALA SDL 2027 1000 107 6.84% KERALA SDL 2033 500 49 7.75% KERALA SDL 2028 1000 108 8.54% KERALA SDL 2033 1500 50 8.2% KERALA SDL 2028 1500 109 7.64% KERALA SGS 2034 1603 51 8.27% KERALA SDL 2028 1000 110 8.4% KERALA SDL 2034 1000 52 8.37% KERALA SDL 2028 1000 111 7.39% KERALA SGS 2034 1000 53 7.02% KERALA SDL 2028 1000 112 7.42% KERALA SDL 2034 2000 54 8.13% KERALA SDL 2028 1000 113 7.85% KERALA SDL 2034 1500 55 8.0% KERALA SDL 2028 3500 114 6.96% KERALA SDL 2034 1000 56 8.33% KERALA SDL 2028 1000 115 7.67% KERALA SGS 2034 2000 57 8.41% KERALA SDL 2028 1000 116 7.04% KERALA SDL 2034 2000 58 6.73% KERALA SDL 2028 700 117 7.1% KERALA SGS 2034 1245 59 8.44% KERALA SDL 2028 1000 118 7.76% KERALA SGS 2035 800 60 8.41% KERALA SDL 2028 AUG 1000 119 6.82% KERALA SDL 2035 1000 61 8.5% KERALA SDL 2028 500 120 8.96% KERALA SDL 2035 1930 129State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 121 7.85% KERALA SDL 2035 2000 180 7.65% KERALA SGS 2048 2000 122 6.86% KERALA SDL 2035 500 181 7.46% KERALA SGS 2048 1500 123 7.12% KERALA SGS 2035 1500 182 7.58% KERALA SGS 2049 1000 124 7.14% KERALA SDL 2035 1000 183 7.42% KERALA SGS 2049 2000 125 7.49% KERALA SGS 2036 1500 184 7.29% KERALA SGS 2049 500 126 7.36% KERALA SGS 2036 2000 185 7.18% KERALA SGS 2050 2000 127 7.09% KERALA SDL 2036 1000 186 7.66% KERALA SGS 2050 1500 128 6.99% KERALA SDL 2036 1500 187 7.18% KERALA SGS 2050 3000 129 7.05% KERALA SDL 2036 2000 188 7.53% KERALA SGS 2050 1366 130 7.4% KERALA SDL 2037 2000 189 7.47% KERALA SGS 2050 2000 131 7.24% KERALA SDL 2037 4000 190 7.76% KERALA SGS 2051 1037 132 7.47% KERALA SGS 2037 2000 191 7.29% KERALA SGS 2051 2000 133 7.16% KERALA SGS 2038 1000 192 7.19% KERALA SDL 2051 1000 134 7.17% KERALA SGS 2038 2000 193 7.39% KERALA SGS 2052 1000 135 7.06% KERALA SDL 2038 500 194 7.3% KERALA SGS 2052 2000 136 7.36% KERALA SGS 2038 1500 195 7.62% KERALA SGS 2053 1000 137 7.76% KERALA SGS 2038 1000 196 7.32% KERALA SGS 2053 2000 138 7.62% KERALA SGS 2038 2000 197 7.36% KERALA SGS 2054 2000 139 7.83% KERALA SGS 2039 2263 198 7.33% KERALA SGS 2054 1000 140 7.49% KERALA SGS 2039 1000 199 7.06% KERALA SGS 2055 3149 141 7.47% KERALA SGS 2039 1000 200 7.54% KERALA SGS 2055 2000 142 7.26% KERALA SGS 2039 1000 201 7.34% KERALA SGS 2055 1500 143 7.06% KERALA SDL 2039 1500 202 7.38% KERALA SGS 2055 2000 144 7.45% KERALA SGS 2039 1000 203 7.2% KERALA SDL 2056 1000 145 7.15% KERALA SGS 2039 1500 204 7.76% KERALA SGS 2058 2000 146 7.08% KERALA SGS 2040 990 205 7.27% KERALA SGS 2059 2000 147 7.45% KERALA SGS 2040 2000 206 7.22% KERALA SGS 2059 2000 148 7.31% KERALA SGS 2040 1000 207 7.42% KERALA SGS 2064 1742 149 7.24% KERALA SGS 2040 753 Total [A] 263746 150 7.69% KERALA SGS 2040 1436 Compensation Bonds 151 7.15% KERALA SGS 2040 1000 1 4.50% Kerala Land Reforms Bonds 0.07 152 7.06% KERALA SDL 2041 1000 2 4.50% Kerala House Sites Bonds 0.00 153 7.32% KERALA SGS 2041 1500 3 4.25% Kerala House Sites Bonds 0.01 154 7.36% KERALA SGS 2041 1000 4 4% Jenmikaram Payment (Abolition) Bonds 0.02 155 7.4% KERALA SGS 2041 1300 Total [B] 0.11 156 7.2% KERALA SGS 2042 1920 Total [A+B] 263746.11 157 7.47% KERALA SGS 2042 2000 Loans not bearing interest 158 7.71% KERALA SGS 2042 1000 1 12.30% KERALA SDL 2007 0.01 159 7.1% KERALA SGS 2042 1255 2 14.00% KERALA S.D.L. 2005 0.01 160 7.67% KERALA SGS 2043 1130 3 11.50% KERALA S.D. 2008 0.00 161 7.24% KERALA SGS 2043 605 Total [C] 0.022 162 7.1% KERALA SGS 2043 3000 Total [A+B+C] 263746.128 163 7.42% KERALA SGS 2043 1000 MADHYA PRADESH 164 7.71% KERALA SGS 2043 2000 Loans Bearing Interest 165 7.63% KERALA SGS 2043 2000 1 8.25% MADHYAPRADESH SDL 2025 1,000.00 166 7.24% KERALA SGS 2044 2500 2 8.36% MADHYAPRADESH SDL 2025 1,500.00 167 7.38% KERALA SGS 2044 2000 3 8.27% MADHYAPRADESH SDL 2025 1,500.00 168 7.81% KERALA SGS 2044 1500 4 8.25% MADHYAPRADESH SDL 2025 1,000.00 169 7.62% KERALA SGS 2044 1100 5 8.16% MADHYAPRADESH SDL 2025 1,000.00 170 7.14% KERALA SGS 2045 1500 6 8.15% MADHYAPRADESH SDL 2025 3,500.00 171 7.6% KERALA SGS 2045 1500 7 8.27% MADHYAPRADESH SDL 2025 1,500.00 172 7.23% KERALA SGS 2045 1500 8 8.3% MADHYAPRADESH SDL 2026 1,500.00 173 7.49% KERALA SGS 2045 1000 9 8.39% MADHYAPRADESH SDL 2026 1,000.00 174 7.8% KERALA SGS 2045 2000 10 8.76% MADHYAPRADESH SDL 2026 1,200.00 175 7.13% KERALA SDL 2046 2000 11 7.62% MADHYAPRADESH SDL 2026 1,500.00 176 7.42% KERALA SGS 2046 1500 12 7.57% MADHYAPRADESH SDL 2026 1,000.00 177 7.66% KERALA SGS 2046 1000 13 5.99% MADHYAPRADESH SDL 2026 2,000.00 178 7.14% KERALA SGS 2047 1500 14 7.38% MADHYAPRADESH SDL 2026 1,500.00 179 7.7% KERALA SGS 2047 1000 15 7.16% MADHYAPRADESH SDL 2026 1,000.00 130Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 16 7.15% MADHYAPRADESH SDL 2026 2,000.00 75 6.89% MADHYAPRADESH SDL 2035 1,000.00 17 7.23% MADHYAPRADESH SDL 2026 2,000.00 76 7.29% MADHYAPRADESH SDL 2035 621.39 18 7.4% MADHYAPRADESH SDL 2026 1,500.00 77 7.02% MADHYAPRADESH SGS 2035 2,400.00 19 7.19% MADHYAPRADESH SDL 2027 1,000.00 78 6.58% MADHYAPRADESH SDL 2035 1,000.00 20 7.6% MADHYAPRADESH SDL 2027 2,600.00 79 6.52% MADHYAPRADESH SDL 2035 1,000.00 21 7.76% MADHYAPRADESH SDL 2027 2,000.00 80 6.54% MADHYAPRADESH SDL 2035 1,000.00 22 7.22% MADHYAPRADESH SDL 2027 2,000.00 81 7.26% MADHYAPRADESH SGS 2035 2,500.00 23 7.28% MADHYAPRADESH SDL 2027 1,000.00 82 6.61% MADHYAPRADESH SDL 2035 1,000.00 24 7.35% MADHYAPRADESH SDL 2027 2,000.00 83 7.44% MADHYAPRADESH SGS 2035 500.00 25 7.46% MADHYAPRADESH 2027 2,000.00 84 7.55% MADHYAPRADESH SGS 2035 2,000.00 26 7.55% MADHYAPRADESH SDL 2027 2,000.00 85 7.15% MADHYAPRADESH SGS 2035 2,500.00 27 7.65% MADHYAPRADESH SDL 2027 2,000.00 86 7.12% MADHYAPRADESH SGS 2036 2,500.00 28 7.88% MADHYAPRADESH SDL 2028 2,000.00 87 6.61% MADHYAPRADESH SDL 2037 7,000.00 29 8.05% MADHYAPRADESH SDL 2028 2,000.00 88 7.16% MADHYAPRADESH SGS 2037 2,000.00 30 8.05% MADHYAPRADESH SDL 2028 2,000.00 89 7.76% MADHYAPRADESH SGS 2037 2,000.00 31 8.33% MADHYAPRADESH SDL 2028 1,000.00 90 7.76% MADHYAPRADESH SGS 2037 2,000.00 32 8.55% MADHYAPRADESH SDL 2028 1,000.00 91 7.17% MADHYAPRADESH SGS 2038 2,500.00 33 8.42% MADHYAPRADESH SDL 2028 1,000.00 92 7.72% MADHYAPRADESH SGS 2038 2,000.00 34 8.37% MADHYAPRADESH SDL 2028 2,800.00 93 7.59% MADHYAPRADESH SGS 2038 3,000.00 35 7.08% MADHYAPRADESH SDL 2029 2,000.00 94 7.26% MADHYAPRADESH SGS 2038 2,500.00 36 7.35% MADHYAPRADESH SDL 2029 750.00 95 7.46% MADHYAPRADESH SGS 2038 2,000.00 37 7.59% MADHYAPRADESH SDL 2029 1,000.00 96 7.46% MADHYAPRADESH SGS 2038 1,000.00 38 7.61% MADHYAPRADESH SDL 2029 1,000.00 97 8.63% MADHYAPRADESH SDL 2038 825.00 39 7.13% MADHYAPRADESH SDL 2029 2,000.00 98 7.51% MADHYAPRADESH SGS 2038 1,000.00 40 7.48% MADHYAPRADESH SGS 2029 2,000.00 99 7.19% MADHYAPRADESH SGS 2038 2,500.00 41 7.17% MADHYAPRADESH SDL 2029 1,000.00 100 7.26% MADHYAPRADESH SGS 2039 2,000.00 42 7.18% MADHYAPRADESH SDL 2030 1,000.00 101 7.23% MADHYAPRADESH SDL 2039 1,000.00 43 7.29% MADHYAPRADESH SDL 2030 1,000.00 102 7.46% MADHYAPRADESH SGS 2039 1,500.00 44 7.09% MADHYAPRADESH SDL 2030 1,000.00 103 7.71% MADHYAPRADESH SGS 2040 2,500.00 45 6.98% MADHYAPRADESH SDL 2030 1,000.00 104 7.48% MADHYAPRADESH SGS 2040 1,500.00 46 7.04% MADHYAPRADESH SDL 2030 1,000.00 105 7.16% MADHYAPRADESH SGS 2040 2,000.00 47 7.11% MADHYAPRADESH SDL 2030 500.00 106 7.44% MADHYAPRADESH SGS 2040 1,500.00 48 6.69% MADHYAPRADESH SDL 2030 1,000.00 107 7.19% MADHYAPRADESH SDL 2040 1,000.00 49 6.73% MADHYAPRADESH SDL 2030 1,000.00 108 6.91% MADHYAPRADESH SDL 2040 1,000.00 50 6.64% MADHYAPRADESH SDL 2030 500.00 109 6.89% MADHYAPRADESH SDL 2040 1,000.00 51 6.57% MADHYAPRADESH SDL 2030 500.00 110 6.76% MADHYAPRADESH SDL 2040 6,000.00 52 7.03% MADHYAPRADESH SDL 2031 6,000.00 111 6.79% MADHYAPRADESH SDL 2040 2,000.00 53 7.17% MADHYAPRADESH SGS 2031 2,000.00 112 7.48% MADHYAPRADESH SGS 2041 1,500.00 54 7.0% MADHYAPRADESH SDL 2031 2,000.00 113 6.99% MADHYAPRADESH SDL 2041 2,000.00 55 6.85% MADHYAPRADESH SDL 2031 8,000.00 114 7.17% MADHYAPRADESH SGS 2041 2,500.00 56 7.14% MADHYAPRADESH SGS 2032 2,000.00 115 7.33% MADHYAPRADESH SDL 2042 6,000.00 57 7.05% MADHYAPRADESH SGS 2032 2,000.00 116 7.22% MADHYAPRADESH SGS 2042 2,000.00 58 7.85% MADHYAPRADESH SDL 2032 4,000.00 117 7.69% MADHYAPRADESH SGS 2043 3,000.00 59 7.46% MADHYAPRADESH SGS 2032 4,000.00 118 7.77% MADHYAPRADESH SGS 2043 3,000.00 60 7.07% MADHYAPRADESH SDL 2032 1,000.00 119 7.74% MADHYAPRADESH SGS 2043 4,000.00 61 7.67% MADHYAPRADESH SGS 2033 2,000.00 120 7.14% MADHYAPRADESH SGS 2043 2,500.00 62 7.64% MADHYAPRADESH SGS 2033 3,000.00 121 7.15% MADHYAPRADESH SGS 2043 2,500.00 63 7.36% MADHYAPRADESH SGS 2033 2,000.00 122 8.52% MADHYAPRADESH SDL 2043 1,000.00 64 8.64% MADHYAPRADESH SDL 2033 2,371.00 123 7.45% MADHYAPRADESH SGS 2044 1,500.00 65 6.79% MADHYAPRADESH SDL 2033 1,000.00 124 7.42% MADHYAPRADESH SGS 2044 2,000.00 66 6.76% MADHYAPRADESH SDL 2033 1,000.00 125 7.45% MADHYAPRADESH SGS 2044 2,000.00 67 7.88% MADHYAPRADESH SGS 2033 3,000.00 126 7.16% MADHYAPRADESH SGS 2044 2,500.00 68 7.62% MADHYAPRADESH SGS 2034 3,000.00 127 7.45% MADHYAPRADESH SGS 2045 2,000.00 69 7.4% MADHYAPRADESH SGS 2034 4,000.00 128 7.42% MADHYAPRADESH SGS 2045 2,000.00 70 7.68% MADHYAPRADESH SGS 2034 1,000.00 129 7.27% MADHYAPRADESH SGS 2045 2,000.00 71 7.21% MADHYAPRADESH SDL 2034 1,000.00 130 7.28% MADHYAPRADESH SGS 2045 2,500.00 72 7.17% MADHYAPRADESH SDL 2035 1,000.00 131 7.22% MADHYAPRADESH SGS 2045 2,500.00 73 6.94% MADHYAPRADESH SDL 2035 1,000.00 132 7.14% MADHYAPRADESH SGS 2045 2,500.00 74 7.12% MADHYAPRADESH SDL 2035 1,000.00 133 7.42% MADHYAPRADESH SGS 2046 1,000.00 131State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 134 7.18% MADHYAPRADESH SGS 2046 2,000.00 25 6.24% MAHARASHTRA SDL 2026 4,000.00 135 7.12% MADHYAPRADESH SGS 2047 2,500.00 26 7.58% MAHARASHTRA SDL 2026 2,500.00 136 7.23% MADHYAPRADESH SGS 2047 2,000.00 27 7.37% MAHARASHTRA SDL 2026 2,500.00 137 7.77% MADHYAPRADESH SGS 2047 1,000.00 28 7.16% MAHARASHTRA SDL 2026 2,500.00 138 7.18% MADHYAPRADESH SGS 2048 2,000.00 29 7.15% MAHARASHTRA SDL 2026 2,500.00 139 7.27% MADHYAPRADESH SGS 2048 2,000.00 30 7.22% MAHARASHTRA SDL 2026 3,000.00 140 7.66% MADHYAPRADESH SGS 2048 2,000.00 31 7.39% MAHARASHTRA SDL 2026 5,000.00 141 7.18% MADHYAPRADESH SGS 2049 2,000.00 32 6.82% MAHARSHTRA SDL 2026 2,000.00 Total [A] 270,567.39 33 7.25% MAHARASHTRA SDL 2026 2,500.00 Special Securities 34 6.54% MAHARASHTRA SDL 2027 3,000.00 1 7.69% MADHYA PR UDAY BOND 2026 736.00 35 7.51% MAHARASHTRA SDL 2027 2,000.00 2 7.91% MADHYA PR UDAY BOND 2027 736.00 36 7.2% MAHARASHTRA SDL 2027 12,998.00 3 8.25% MADHYA PR UDAY BOND 2028 736.00 37 6.43% MAHARASHTRA SDL 2027 2,000.00 4 8.05% MADHYA PR UDAY BOND 2029 736.00 38 6.38% MAHARASHTRA SDL 2027 2,000.00 5 8.02% MADHYA PR UDAY BOND 2030 736.00 39 7.33% MAHARASHTRA SDL 2027 3,800.00 6 8.06% MADHYA PR UDAY BOND 2031 736.00 40 6.45% MAHARASHTRA SDL 2027 1,000.00 7 7.93% MADHYA PR UDAY BOND 2032 736.00 41 7.0% MAHARASHTRA SDL 2028 2,998.30 Total [B] 5,152.00 42 6.97% MAHARASHTRA SDL 2028 3,000.00 Total [A+B] 275,719.39 43 6.98% MAHARASHTRA SDL 2028 6,000.00 Compensation Bonds 44 7.36% MAHARASHTRA SGS 2028 1,500.00 1 5% Urban Land Ceiling (Madhya Pradesh) Bonds 0.40 45 7.2% MAHARASHTRA SGS 2028 3,000.00 Total [C] 0.40 46 8.56% MAHARASHTRA SDL 2028 1,001.35 Total [A+B+C] 275,719.79 47 6.24% MAHARASHTRA SDL 2028 3,000.00 Loans not bearing interest 48 8.42% MAHARASHTRA SDL 2028 2,000.00 1 11.00% MP SDL 2010 0.00 49 6.44% MAHARASHTRA SDL 2028 2,000.00 2 14.00% M.P. S.D. 2005 0.01 50 6.7% MAHARASHTRA SDL 2028 1,500.00 3 13.50% M.P. SDL 2003 0.02 51 6.81% MAHARASHTRA SDL 2028 1,000.00 4 13.00% M.P. S.D. 2007 0.00 52 6.55% MAHARASHTRA SDL 2028 1,500.00 5 12.00% M.P. S.D. 2011 0.05 53 6.47% MAHARASHTRA SDL 2028 1,500.00 6 11.50% M.P. S.D. 2009 0.00 54 6.35% MAHARASHTRA SDL 2028 1,000.00 7 11% M.P. SDL 2001 0.03 55 8.08% MAHARASHTRA SDL 2028 7,500.00 Total [D] 0.11 56 8.26% MAHARASHTRA SDL 2029 2,500.00 Total [A+B+C+D] 275,719.90 57 6.99% MAHARASHTRA SDL 2029 1,500.00 MAHARASHTRA 58 7.04% MAHARASHTRA SDL 2029 1,000.00 Loans Bearing Interest 59 7.02% MAHARASHTRA SDL 2029 2,000.00 1 8.25% MAHARASHTRA SDL 2025 2,000.00 60 7.78% MAHARASHTRA SDL 2029 5,000.00 2 8.14% MAHARASHTRA SDL 2025 1,500.00 61 7.11% MAHARASHTRA SDL 2029 2,000.00 3 8.25% MAHARASHTRA SDL 2025 1,500.00 62 7.61% MAHARASHTRA SDL 2029 5,500.00 4 8.32% MAHARSHTRA SDL 2025 1,500.00 63 7.18% MAHARASHTRA SDL 2029 14,161.00 5 8.28% MAHARASHTRA SDL 2025 1,500.00 64 7.11% MAHARASHTRA SDL 2029 2,000.00 6 8.26% MAHARASHTRA SDL 2025 1,500.00 65 7.24% MAHARASHTRA SDL 2029 2,000.00 7 8.29% MAHARASHTRA SDL 2025 1,500.00 66 7.17% MAHARASHTRA SDL 2029 2,000.00 8 8.23% MAHARASHTRA SDL 2025 1,500.00 67 7.17% MAHARASHTRA SDL 2029 3,000.00 9 8.16% MAHARASHTRA SDL 2025 1,500.00 68 7.2% MAHARASHTRA SDL 2029 3,000.00 10 7.96% MAHARASHTRA SDL 2025 1,500.00 69 7.14% MAHARASHTRA SDL 2029 3,000.00 11 7.99% MAHARASHTRA SDL 2025 1,500.00 70 7.27% MAHARASHTRA SDL 2030 3,000.00 12 8.12% MAHARASHTRA SDL 2025 2,000.00 71 7.18% MAHARASHTRA SDL 2030 2,000.00 13 8.15% MAHARASHTRA SDL 2025 2,000.00 72 7.83% MAHARASHTRA SDL 2030 5,000.00 14 8.21% MAHARASHTRA SDL 2025 2,000.00 73 7.49% MAHARASHTRA SGS 2030 1,500.00 15 8.26% MAHARASHTRA SDL 2025 2,000.00 74 7.6% MAHARASHTRA SDL 2030 2,000.00 16 8.25% MAHARASHTRA SDL 2026 1,000.00 75 8.15% MAHARASHTRA SDL 2030 6,000.00 17 8.36% MAHARASHTRA SDL 2026 1,500.00 76 7.63% MAHARASHTRA SDL 2030 4,500.00 18 8.47% MAHARASHTRA SDL 2026 1,500.00 77 7.26% MAHARASHTRA SGS 2030 3,000.00 19 8.67% MAHARASHTRA SDL 2026 1,500.00 78 7.62% MAHARASHTRA SDL 2030 4,000.00 20 8.51% MAHARASHTRA SDL 2026 2,000.00 79 6.54% MAHARASHTRA SDL 2030 5,000.00 21 8.08% MAHARASHTRA SDL 2026 2,500.00 80 7.59% MAHARASHTRA SDL 2030 2,000.00 22 7.96% MAHARASHTRA SDL 2026 2,500.00 81 7.86% MAHARASHTRA SDL 2030 2,000.00 23 7.84% MAHARASHTRA SDL 2026 2,500.00 82 7.39% MAHARASHTRA SDL 2030 2,500.00 24 7.69% MAHARASHTRA SDL 2026 2,500.00 83 7.62% MAHARASHTRA SGS 2030 2,000.00 132Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 84 7.76% MAHARASHTRA SGS 2030 4,000.00 143 6.88% MAHARASHTRA SDL 2033 1,500.00 85 6.87% MAHARASHTRA SDL 2030 1,500.00 144 6.87% MAHARASHTRA SDL 2033 1,000.00 86 6.63% MAHARASHTRA SDL 2030 1,500.00 145 7.46% MAHARASHTRA SGS 2033 6,000.00 87 7.7% MAHARASHTRA SGS 2030 4,000.00 146 6.91% MAHARASHTRA SDL 2033 10,000.00 88 6.56% MAHARASHTRA SDL 2030 1,500.00 147 7.1% MAHARASHTRA SGS 2033 1,500.00 89 7.78% MAHARASHTRA SGS 2030 3,000.00 148 7.71% MAHARASHTRA SGS 2033 2,500.00 90 6.4% MAHARASHTRA SDL 2030 1,000.00 149 7.7% MAHARASHTRA SGS 2033 4,000.00 91 6.52% MAHARASHTRA SDL 2030 1,000.00 150 7.42% MAHARASHTRA SGS 2034 3,000.00 92 7.57% MAHARASHTRA SGS 2031 2,500.00 151 7.73% MAHARASHTRA SGS 2034 2,500.00 93 7.08% MAHARASHTRA SDL 2031 1,000.00 152 7.72% MAHARASHTRA SDL 2034 4,000.00 94 7.72% MAHARASHTRA SGS 2031 2,500.00 153 7.27% MAHARASHTRA SGS 2034 1,500.00 95 7.7% MAHARASHTRA SGS 2031 2,000.00 154 7.22% MAHARASHTRA SGS 2034 3,000.00 96 7.69% MAHARASHTRA SGS 2031 2,500.00 155 7.2% MAHARASHTRA SGS 2034 3,000.00 97 6.78% MAHARASHTRA SDL 2031 11,500.00 156 7.47% MAHARASHTRA SGS 2034 6,000.00 98 7.33% MAHARASHTRA SGS 2031 11,000.00 157 6.91% MAHARASHTRA SDL 2034 2,000.00 99 6.81% MAHARASHTRA SDL 2031 2,000.00 158 7.7% MAHARASHTRA SGS 2034 2,500.00 100 6.57% MAHARASHTRA SDL 2031 3,000.00 159 7.7% MAHARASHTRA SGS 2034 4,000.00 101 6.6% MAHARASHTRA SDL 2031 2,000.00 160 7.72% MAHARASHTRA SGS 2035 2,000.00 102 7.34% MAHARASHTRA SGS 2031 2,500.00 161 7.63% MAHARASHTRA SGS 2035 2,500.00 103 6.8% MAHARASHTRA SDL 2031 1,500.00 162 7.48% MAHARASHTRA SGS 2035 2,500.00 104 6.83% MAHARASHTRA SDL 2031 1,500.00 163 7.46% MAHARASHTRA SGS 2035 1,500.00 105 7.4% MAHARASHTRA SGS 2031 2,500.00 164 7.43% MAHARASHTRA SGS 2035 1,500.00 106 6.89% MAHARASHTRA SDL 2031 1,500.00 165 7.4% MAHARASHTRA SGS 2035 2,000.00 107 6.94% MAHARASHTRA SDL 2031 1,500.00 166 7.21% MAHARASHTRA SGS 2035 1,500.00 108 6.95% MAHARASHTRA SDL 2031 1,250.00 167 7.23% MAHARASHTRA SGS 2035 1,500.00 109 6.49% MAHARASHTRA SDL 2031 2,000.00 168 7.73% MAHARASHTRA SGS 2036 2,000.00 110 6.67% MAHARASHTRA SDL 2031 2,000.00 169 7.63% MAHARASHTRA SGS 2036 2,500.00 111 7.18% MAHARASHTRA SDL 2032 3,000.00 170 7.12% MAHARASHTRA SGS 2036 8,000.00 112 7.25% MAHARASHTRA SDL 2032 2,500.00 171 7.49% MAHARASHTRA SGS 2036 2,500.00 113 7.72% MAHARASHTRA SGS 2032 2,500.00 172 7.47% MAHARASHTRA SGS 2036 1,500.00 114 7.73% MAHARASHTRA SGS 2032 3,000.00 173 7.43% MAHARASHTRA SGS 2036 1,500.00 115 6.82% MAHARASHTRA SDL 2032 2,500.00 174 7.4% MAHARASHTRA SGS 2036 2,000.00 116 6.84% MAHARASHTRA SDL 2032 1,500.00 175 7.1% MAHARASHTRA SDL 2036 5,000.00 117 6.83% MAHARASHTRA SDL 2032 1,500.00 176 7.12% MAHARASHTRA SGS 2036 1,500.00 118 6.83% MAHARASHTRA SDL 2032 1,000.00 177 7.11% MAHARASHTRA SGS 2036 3,500.00 119 7.7% MAHARASHTRA SDL 2032 4,000.00 178 7.13% MAHARASHTRA SGS 2037 7,000.00 120 7.32% MAHARASHTRA SGS 2032 5,000.00 179 7.17% MAHARASHTRA SGS 2037 2,500.00 121 6.86% MAHARASHTRA SDL 2032 1,000.00 180 7.45% MAHARASHTRA SGS 2037 3,000.00 122 7.89% MAHARASHTRA SDL 2032 2,000.00 181 7.42% MAHARASHTRA SGS 2037 3,000.00 123 7.35% MAHARASHTRA SGS 2032 2,500.00 182 7.13% MAHARASHTRA SGS 2037 1,500.00 124 6.83% MAHARASHTRA SDL 2032 1,000.00 183 7.13% MAHARASHTRA SGS 2037 1,500.00 125 6.89% MAHARASHTRA SDL 2032 1,000.00 184 7.11% MAHARASHTRA SGS 2038 6,500.00 126 7.18% MAHARASHTRA SDL 2032(Jun) 9,000.00 185 7.12% MAHARASHTRA SGS 2038 7,500.00 127 7.4% MAHARASHTRA SGS 2032 2,500.00 186 7.18% MAHARASHTRA SGS 2038 2,500.00 128 6.95% MAHARASHTRA SDL 2032 1,000.00 187 7.45% MAHARASHTRA SGS 2038 3,000.00 129 7.01% MAHARASHTRA SDL 2032 1,000.00 188 7.45% MAHARASHTRA SGS 2038 3,000.00 130 6.78% MAHARASHTRA SDL 2032 1,500.00 189 7.3% MAHARASHTRA SGS 2038 1,500.00 131 7.07% MAHARASHTRA SGS 2032 1,500.00 190 7.12% MAHARASHTRA SGS 2038 1,500.00 132 7.64% MAHARASHTRA SGS 2032 2,000.00 191 7.14% MAHARASHTRA SGS 2039 6,500.00 133 7.1% MAHARASHTRA SDL 2032 1,500.00 192 7.18% MAHARASHTRA SGS 2039 2,000.00 134 7.05% MAHARASHTRA SDL 2032 1,500.00 193 7.45% MAHARASHTRA SGS 2039 3,000.00 135 7.1% MAHARASHTRA SGS 2032 1,500.00 194 7.45% MAHARASHTRA SGS 2039 2,000.00 136 6.56% MAHARASHTRA SDL 2032 1,500.00 195 7.43% MAHARASHTRA SGS 2039 2,000.00 137 6.67% MAHARASHTRA SDL 2032 1,000.00 196 7.3% MAHARASHTRA SGS 2039 1,500.00 138 7.64% MAHARASHTRA SGS 2033 2,500.00 197 7.27% MAHARASHTRA SGS 2039 3,000.00 139 7.74% MAHARASHTRA SGS 2033 2,500.00 198 7.24% MAHARASHTRA SGS 2039 3,000.00 140 7.7% MAHARASHTRA SGS 2033 2,000.00 199 7.19% MAHARASHTRA SGS 2040 2,000.00 141 7.66% MAHARASHTRA SGS 2033 2,500.00 200 7.23% MAHARASHTRA SGS 2040 1,500.00 142 6.87% MAHARASHTRA SDL 2033 2,500.00 201 7.24% MAHARASHTRA SGS 2040 1,500.00 133State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 202 7.23% MAHARASHTRA SGS 2041 2,500.00 15 7.15% MANIPUR SDL 2027 300.00 203 7.46% MAHARASHTRA SGS 2041 2,000.00 16 8.02% MANIPUR SDL 2028 150.00 204 7.44% MAHARASHTRA SGS 2041 2,000.00 17 8.02% MANIPUR SDL 2028 75.00 205 7.45% MAHARASHTRA SGS 2041 2,000.00 18 7.8% MANIPUR SDL 2028 350.00 206 7.48% MAHARASHTRA SGS 2042 2,000.00 19 8.62% MANIPUR SDL 2028 50.00 207 7.44% MAHARASHTRA SGS 2042 2,000.00 20 8.09% MANIPUR SDL 2028 100.00 208 7.44% MAHARASHTRA SGS 2042 2,000.00 21 8.38% MANIPUR SDL 2029 200.00 209 7.14% MAHARASHTRA SGS 2043 4,500.00 22 8.43% MANIPUR SDL 2029 150.00 210 7.13% MAHARASHTRA SGS 2043 1,500.00 23 8.09% MANIPUR SDL 2029 120.00 211 7.12% MAHARASHTRA SGS 2043 1,500.00 24 8.16% MANIPUR SDL 2029 203.00 212 7.24% MAHARASHTRA SGS 2044 2,500.00 25 7.22% MANIPUR SDL 2029 400.00 213 7.5% MAHARASHTRA SGS 2044 2,000.00 26 7.25% MANIPUR SDL 2029 200.00 214 7.33% MAHARASHTRA SGS 2044 1,500.00 27 6.9% MANIPUR SDL 2030 300.00 215 7.27% MAHARASHTRA SGS 2044 3,000.00 28 6.99% MANIPUR SDL 2030 100.00 216 7.25% MAHARASHTRA SGS 2044 3,000.00 29 7.05% MANIPUR SDL 2030 191.00 217 7.22% MAHARASHTRA SGS 2045 1,500.00 30 6.95% MANIPUR SDL 2030 363.00 218 7.25% MAHARASHTRA SGS 2045 1,500.00 31 8.0% MANIPUR SDL 2030 200.00 219 7.26% MAHARASHTRA SGS 2049 3,000.00 32 6.8% MANIPUR SDL 2030 150.00 220 7.22% MAHARASHTRA SGS 2049 3,000.00 33 6.56% MANIPUR SDL 2030 100.00 221 7.22% MAHARASHTRA SGS 2050 1,500.00 34 6.42% MANIPUR SDL 2030 150.00 222 7.26% MAHARASHTRA SGS 2050 1,500.00 35 6.45% MANIPUR SDL 2030 100.00 Total [A] 593,708.65 36 6.6% MANIPUR SDL 2030 180.00 Compensation Bonds 37 6.63% MANIPUR SDL 2031 150.00 1 5% Urban Land Ceiling (Maharashtra) Bonds 0.36 38 6.88% MANIPUR SDL 2031 152.00 2 3% Maharashtra Agricultural Lands (Ceiling of Hold 0.20 39 7.18% MANIPUR SDL 2031 120.00 Total [B] 0.56 40 6.78% MANIPUR SDL 2031 200.00 Total [A+B] 593709.22 41 7.0% MANIPUR SDL 2031 200.00 Loans not bearing interest 42 7.01% MANIPUR SDL 2031 200.00 1 12.00% MAHARASHTRA SDL 2010 0.00 43 6.87% MANIPUR SDL 2031 147.00 2 12.50% MAHARASHTRA SDL 2008 0.01 44 7.0% MANIPUR SDL 2031 140.00 3 12.15% MAHARASHTRA SDL 2008 0.20 45 7.03% MANIPUR SDL 2031 200.00 4 13.05% MAHARASHTRA SDL 2007 0.03 46 7.0% MANIPUR SDL 2031 90.00 5 13.75 % MAHARASHTRA SDL 2007 0.06 47 7.23% MANIPUR SDL 2032 59.00 6 13.85% MAHARASHTRA SDL 2006 0.02 48 7.34% MANIPUR SDL 2032 60.00 7 14.00% MAHARASHTRA S.D.L. 2005 0.05 49 7.34% MANIPUR SDL 2032 180.00 8 13.00% MAHARASHTRA S.D. 2007 0.03 50 7.72% MANIPUR SDL 2032 250.00 9 12.00% MAHARASHTRA S.D. 2011 0.01 51 7.82% MANIPUR SDL 2032 150.00 10 11.50% MAHARASHTRA S.D. 2011 0.03 52 7.83% MANIPUR SDL 2032 250.00 11 11.50% MAHARASHTRA S.D. 2010 0.02 53 7.71% MANIPUR SGS 2032 100.00 12 11.50% MAHARASHTRA S.D. 2009 0.04 54 7.69% MANIPUR SGS 2034 122.00 13 11.50% MAHARASHTRA S.D. 2008 0.10 55 7.7% MANIPUR SGS 2035 150.00 Total [C] 0.59 56 7.62% MANIPUR SGS 2035 200.00 Total [A+B+C] 593709.80 57 7.76% MANIPUR SGS 2035 200.00 MANIPUR 58 7.49% MANIPUR SGS 2035 200.00 1 8.07% MANIPUR SDL 2025 200.00 59 7.39% MANIPUR SGS 2035 150.00 2 8.29% MANIPUR SDL 2025 75.00 60 7.41% MANIPUR SGS 2035 150.00 3 8.32% MANIPUR SDL 2025 75.00 61 7.51% MANIPUR SGS 2035 200.00 4 8.1% MANIPUR SDL 2025 75.00 62 7.44% MANIPUR SGS 2035 100.00 5 8.25% MANIPUR SDL 2025 75.00 63 7.59% MANIPUR SGS 2035 100.00 6 8.63% MANIPUR SDL 2026 100.00 64 7.73% MANIPUR SGS 2035 100.00 7 7.96% MANIPUR SDL 2026 50.00 65 7.5% MANIPUR SGS 2036 200.00 8 7.69% MANIPUR SDL 2026 100.00 66 7.5% MANIPUR SGS 2036 126.00 9 7.57% MANIPUR SDL 2026 100.00 67 7.43% MANIPUR SGS 2036 200.00 10 7.48% MANIPUR SDL 2026 50.00 68 7.39% MANIPUR SGS 2036 200.00 11 7.09% MANIPUR SDL 2026 100.00 69 7.27% MANIPUR SGS 2036 200.00 12 7.22% MANIPUR SDL 2026 60.00 70 7.77% MANIPUR SGS 2038 100.00 13 7.35% MANIPUR SDL 2026 90.00 71 7.15% MANIPUR SGS 2039 200.00 14 7.57% MANIPUR SDL 2027 80.00 72 7.15% MANIPUR SGS 2039 200.00 134Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 73 7.2% MANIPUR SGS 2040 250.00 55 7.16% MEGHALAYA SDL 2031 58.00 74 7.12% MANIPUR SGS 2040 250.00 56 6.85% MEGHALAYA SDL 2031 102.00 Total [A] 11,608.00 57 6.82% MEGHALAYA SDL 2031 400.00 MEGHALAYA 58 7.8% MEGHALAYA SDL 2031 200.00 Loans Bearing Interest 59 7.44% MEGHALAYA SGS 2031 200.00 1 8.07% MEGHALAYA SDL 2025 100.00 60 7.78% MEGHALAYA SDL 2031 200.00 2 8.22% MEGHALAYA SDL 2025 70.00 61 7.72% MEGHALAYA SGS 2031 322.00 3 8.31% MEGHALAYA SDL 2025 50.00 62 7.27% MEGHALAYA SDL 2032 80.00 4 6.94% MEGHALAYA SDL 2025 200.00 63 7.36% MEGHALAYA SGS 2032 150.00 5 8.28% MEGHALAYA SDL 2025 100.00 64 7.42% MEGHALAYA SGS 2032 350.00 6 7.96% MEGHALAYA SDL 2025 60.00 65 7.66% MEGHALAYA SGS 2032 170.00 7 7.63% MEGHALAYA SGS 2025 300.00 66 7.63% MEGHALAYA SGS 2032 172.00 8 8.1% MEGHALAYA SDL 2025 100.00 67 7.11% MEGHALAYA SGS 2033 635.00 9 8.19% MEGHALAYA SDL 2025 50.00 68 7.46% MEGHALAYA SGS 2034 100.00 10 8.19% MEGHALAYA SDL 2026 80.00 69 7.48% MEGHALAYA SGS 2034 200.00 11 8.63% MEGHALAYA SDL 2026 70.00 70 7.45% MEGHALAYA SGS 2034 200.00 12 7.98% MEGHALAYA SDL 2026 60.00 71 7.39% MEGHALAYA SGS 2034 400.00 13 8.0% MEGHALAYA SDL 2026 100.00 72 7.25% MEGHALAYA SGS 2034 150.00 14 7.69% MEGHALAYA SDL 2026 50.00 73 7.12% MEGHALAYA SGS 2034 197.00 15 7.43% MEGHALAYA SDL 2026 100.00 74 7.19% MEGHALAYA SDL 2041 400.00 16 7.18% MEGHALAYA SDL 2026 150.00 75 7.02% MEGHALAYA SDL 2041 300.00 17 7.39% MEGHALAYA SGS 2026 413.00 Total [A] 13,218.50 18 7.1% MEGHALAYA SDL 2026 180.00 Special Securities 19 7.57% MEGHALAYA SDL 2027 100.00 1 7.43% MEGHALAYA UDAY BOND 2026 12.50 20 7.83% MEGHALAYA SDL 2027 114.00 2 7.72% MEGHALAYA UDAY BOND 2027 12.50 21 7.6% MEGHALAYA SDL 2027 147.00 3 8.04% MEGHALAYA UDAY BOND 2028 12.50 22 7.26% MEGHALAYA SDL 2027 125.00 4 7.83% MEGHALAYA UDAY BOND 2029 12.50 23 7.31% MEGHALAYA SDL 2027 120.00 5 7.77% MEGHALAYA UDAY BOND 2030 12.50 24 7.43% MEGHALAYA SDL 2027 125.00 6 7.78% MEGHALAYA UDAY BOND 2031 12.50 25 7.53% MEGHALAYA SDL 2027 125.00 7 7.67% MEGHALAYA UDAY BOND 2032 12.50 26 7.69% MEGHALAYA SDL 2027 245.00 Total [B] 87.50 27 7.4% MEGHALAYA SGS 2027 86.00 Total [A+B] 13,306.00 28 7.49% MEGHALAYA SGS 2027 354.00 MIZORAM 29 8.28% MEGHALAYA SDL 2028 100.00 Loans Bearing Interest 30 8.14% MEGHALAYA SDL 2028 125.00 1 8.23% MIZORAM SDL 2025 75.00 31 8.1% MEGHALAYA SDL 2028 150.50 2 8.16% MIZORAM SDL 2025 60.00 32 8.74% MEGHALAYA SDL 2028 150.00 3 8.19% MIZORAM SDL 2026 65.00 33 8.55% MEGHALAYA SDL 2028 250.00 4 8.05% MIZORAM SDL 2026 50.00 34 8.4% MEGHALAYA SDL 2028 150.00 5 7.21% MIZORAM SDL 2026 120.00 35 8.09% MEGHALAYA SDL 2028 100.00 6 7.22% MIZORAM SDL 2027 100.00 36 8.43% MEGHALAYA SDL 2029 100.00 7 7.41% MIZORAM SDL 2027 100.00 37 8.42% MEGHALAYA SDL 2029 250.00 8 7.71% MIZORAM SDL 2027 74.00 38 8.09% MEGHALAYA SDL 2029 122.00 9 8.14% MIZORAM SDL 2028 150.00 39 7.13% MEGHALAYA SDL 2029 200.00 10 7.05% MIZORAM SDL 2029 73.00 40 7.16% MEGHALAYA SDL 2029 150.00 11 8.22% MIZORAM SDL 2029 158.00 41 7.31% MEGHALAYA SDL 2029 100.00 12 7.22% MIZORAM SDL 2029 100.00 42 7.2% MEGHALAYA SDL 2029 195.00 13 7.17% MIZORAM SDL 2029 100.00 43 7.29% MEGHALAYA SDL 2029 100.00 14 7.2% MIZORAM SDL 2029 92.00 44 7.04% MEGHALAYA SDL 2030 150.00 15 7.11% MIZORAM SDL 2030 90.00 45 7.2% MEGHALAYA SDL 2030 449.00 16 7.2% MIZORAM SDL 2030 271.00 46 6.52% MEGHALAYA SDL 2030 200.00 17 7.5% MIZORAM SDL 2030 89.00 47 6.45% MEGHALAYA SDL 2030 150.00 18 7.04% MIZORAM SDL 2030 100.00 48 6.7% MEGHALAYA SDL 2030 200.00 19 6.6% MIZORAM SDL 2030 60.00 49 6.9% MEGHALAYA SDL 2030 250.00 20 6.48% MIZORAM SDL 2030 100.00 50 6.65% MEGHALAYA SDL 2030 250.00 21 7.69% MIZORAM SDL 2031 150.00 51 6.6% MEGHALAYA SDL 2030 265.00 22 7.2% MIZORAM SGS 2031 90.00 52 6.6% MEGHALAYA SDL 2030 100.00 23 6.68% MIZORAM SDL 2031 100.00 53 6.63% MEGHALAYA SDL 2031 106.00 24 6.64% MIZORAM SDL 2032 90.00 54 7.17% MEGHALAYA SDL 2031 96.00 25 7.86% MIZORAM SDL 2032 100.00 135State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 26 7.78% MIZORAM SGS 2032 100.00 17 7.43% NAGALAND SDL 2027 200.00 27 7.29% MIZORAM SDL 2033 150.00 18 7.78% NAGALAND SDL 2027 300.00 28 7.04% MIZORAM SDL 2033 50.00 19 7.88% NAGALAND SDL 2028 200.00 29 7.27% MIZORAM SDL 2033 30.00 20 8.25% NAGALAND SDL 2028 150.00 30 6.9% MIZORAM SDL 2033 150.00 21 8.14% NAGALAND SDL 2028 285.00 31 7.74% MIZORAM SDL 2033 200.00 22 7.97% NAGALAND SDL 2028 200.00 32 7.25% MIZORAM SDL 2034 90.00 23 8.75% NAGALAND SDL 2028 150.00 33 7.12% MIZORAM SDL 2034 100.00 24 8.19% NAGALAND SDL 2028 150.00 34 7.0% MIZORAM SDL 2034 80.00 25 8.37% NAGALAND SDL 2029 150.00 35 7.06% MIZORAM SDL 2034 104.00 26 8.17% NAGALAND SDL 2029 172.00 36 6.84% MIZORAM SDL 2034 132.00 27 8.15% NAGALAND SDL 2029 100.00 37 7.16% MIZORAM SGS 2035 119.00 28 7.31% NAGALAND SDL 2029 150.00 38 6.57% MIZORAM SDL 2035 150.00 29 7.2% NAGALAND SDL 2029 150.00 39 7.05% MIZORAM SDL 2035 132.00 30 7.29% NAGALAND SDL 2029 250.00 40 7.7% MIZORAM SGS 2035 150.00 31 7.03% NAGALAND SDL 2030 150.00 41 7.62% MIZORAM SGS 2036 100.00 32 7.05% NAGALAND SDL 2030 200.00 42 7.43% MIZORAM SGS 2036 125.00 33 8.0% NAGALAND SDL 2030 200.00 43 8.02% MIZORAM SDL 2036 90.00 34 6.52% NAGALAND SDL 2030 150.00 44 7.87% MIZORAM SGS 2036 100.00 35 6.7% NAGALAND SDL 2030 150.00 45 7.69% MIZORAM SGS 2037 100.00 36 6.91% NAGALAND SDL 2030 250.00 46 7.43% MIZORAM SGS 2037 125.00 37 6.5% NAGALAND SDL 2030 314.00 47 7.35% MIZORAM SGS 2037 90.00 38 6.62% NAGALAND SDL 2030 220.00 48 7.78% MIZORAM SGS 2037 100.00 39 7.05% NAGALAND SDL 2031 437.00 49 7.81% MIZORAM SGS 2037 90.00 40 6.85% NAGALAND SDL 2031 350.00 50 7.74% MIZORAM SGS 2038 125.00 41 6.85% NAGALAND SDL 2031 250.00 51 7.36% MIZORAM SGS 2038 100.00 42 6.97% NAGALAND SDL 2031 150.00 52 7.36% MIZORAM SGS 2038 80.00 43 6.8% NAGALAND SDL 2031 150.00 53 7.23% MIZORAM SGS 2038 90.00 44 7.0% NAGALAND SDL 2031 89.00 54 7.72% MIZORAM SGS 2038 60.00 45 7.0% NAGALAND SDL 2031 298.00 55 7.73% MIZORAM SGS 2039 80.00 46 7.34% NAGALAND SDL 2032 440.00 56 7.4% MIZORAM SGS 2039 81.00 47 7.88% NAGALAND SDL 2032 400.00 57 7.37% MIZORAM SGS 2039 200.00 48 7.82% NAGALAND SDL 2032 250.00 58 7.36% MIZORAM SGS 2039 71.00 49 7.67% NAGALAND SDL 2032 226.00 59 7.46% MIZORAM SGS 2039 80.00 50 7.82% NAGALAND SGS 2032 146.00 60 7.15% MIZORAM SGS 2039 50.00 51 7.65% NAGALAND SGS 2032 300.00 61 7.13% MIZORAM SGS 2039 140.00 52 7.67% NAGALAND SGS 2033 193.00 62 7.23% MIZORAM SGS 2040 119.00 53 7.67% NAGALAND SGS 2033 248.00 63 7.52% MIZORAM SGS 2040 80.00 54 7.75% NAGALAND SGS 2033 91.00 64 7.18% MIZORAM SGS 2040 120.00 55 7.58% NAGALAND SGS 2033 300.00 65 7.15% MIZORAM SGS 2040 80.00 56 7.33% NAGALAND SGS 2033 250.00 Total [A] 6,770.00 57 7.37% NAGALAND SGS 2033 200.00 NAGALAND 58 7.37% NAGALAND SGS 2033 150.00 Loans Bearing Interest 59 7.67% NAGALAND SGS 2033 350.00 1 8.14% NAGALAND SDL 2025 100.00 60 7.78% NAGALAND SGS 2033 501.00 2 8.22% NAGALAND SDL 2025 100.00 61 7.49% NAGALAND SGS 2034 400.00 3 8.22% NAGALAND SDL 2025 150.00 62 7.48% NAGALAND SGS 2034 400.00 4 8.15% NAGALAND SDL 2025 100.00 63 7.45% NAGALAND SGS 2034 300.00 5 8.41% NAGALAND SDL 2026 100.00 64 7.15% NAGALAND SGS 2034 250.00 6 8.63% NAGALAND SDL 2026 200.00 65 7.27% NAGALAND SGS 2035 600.00 7 8.53% NAGALAND SDL 2026 200.00 66 7.1% NAGALAND SGS 2035 400.00 8 7.98% NAGALAND SDL 2026 60.00 Total [A] 14,380.00 9 7.57% NAGALAND SDL 2026 75.00 ORISSA 10 7.49% NAGALAND SDL 2026 75.00 1 8.25% ODISHA SDL 2025 500.00 11 7.22% NAGALAND SDL 2026 75.00 2 8.38% ODISHA SDL 2026 1,500.00 12 6.89% NAGALAND SDL 2026 150.00 3 8.0% ODISHA SDL 2026 500.00 13 7.1% NAGALAND SDL 2026 150.00 4 7.57% ODISHA SDL 2026 500.00 14 7.27% NAGALAND SDL 2027 100.00 5 7.08% ODISHA SDL 2026 1,000.00 15 7.74% NAGALAND SDL 2027 150.00 6 7.65% ODISHA SDL 2027 500.00 16 7.6% NAGALAND SDL 2027 235.00 7 6.89% ODISHA SGS 2028 1,000.00 136Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 8 8.19% ODISHA SDL 2028 500.00 18 7.03% PUDUCHERRY SDL 2028 200.00 9 6.93% ODISHA SGS 2028 1,000.00 19 8.29% PUDUCHERRY SDL 2028 100.00 10 7.05% ODISHA SDL 2029 500.00 20 6.9% PUDUCHERRY SDL 2028 190.00 11 7.3% ODISHA SDL 2029 500.00 21 7.63% PUDUCHERRY SDL 2028 200.00 12 6.98% ODISHA SGS 2029 1,000.00 22 6.62% PUDUCHERRY SDL 2028 125.00 13 7.8% ODISHA SDL 2029 500.00 23 7.21% PUDUCHERRY SDL 2028 200.00 14 7.0% ODISHA SGS 2030 1,000.00 24 8.37% PUDUCHERRY SDL 2029 150.00 15 7.17% ODISHA SGS 2030 780.00 25 6.99% PUDUCHERRY SDL 2029 185.00 16 7.03% ODISHA SGS 2031 1,000.00 26 6.9% PUDUCHERRY SDL 2029 100.00 17 7.06% ODISHA SGS 2031 1,000.00 27 7.25% PUDUCHERRY SDL 2029 200.00 18 8.0% ODISHA SDL 2031 700.00 28 8.19% PUDUCHERRY SDL 2029 100.00 19 6.87% ODISHA SDL 2031 500.00 29 8.22% PUDUCHERRY SDL 2030 125.00 20 7.2% ODISHA SGS 2032 1,000.00 30 7.35% PUDUCHERRY SDL 2030 70.00 21 7.95% ODISHA SDL 2032 1,200.00 31 7.4% PUDUCHERRY SGS 2030 150.00 22 7.48% ODISHA SDL 2032 1,000.00 32 6.96% PUDUCHERRY SDL 2030 250.00 23 8.79% ODISHA SDL 2033 500.00 33 8.73% PUDUCHERRY SDL 2030 100.00 24 7.19% ODISHA SGS 2035 1,000.00 34 6.52% PUDUCHERRY SDL 2030 200.00 25 7.05% ODISHA SGS 2035 2,000.00 35 8.22% PUDUCHERRY SDL 2031 150.00 26 7.27% ODISHA SDL 2036 1,500.00 36 7.14% PUDUCHERRY SGS 2031 100.00 27 7.22% ODISHA SGS 2036 1,000.00 37 6.88% PUDUCHERRY SDL 2031 100.00 28 7.11% ODISHA SGS 2037 1,000.00 38 7.27% PUDUCHERRY SDL 2031 125.00 29 7.53% ODISHA SDL 2037 500.00 39 8.52% PUDUCHERRY SDL 2031 50.00 30 8.28% ODISHA SDL 2038 500.00 40 6.87% PUDUCHERRY SDL 2031 125.00 31 7.15% ODISHA SGS 2038 1,000.00 41 7.15% PUDUCHERRY SDL 2031 125.00 32 7.3% ODISHA SGS 2039 1,000.00 42 7.25% PUDUCHERRY SDL 2032 225.00 33 7.19% ODISHA SGS 2040 1,000.00 43 7.65% PUDUCHERRY SDL 2032 225.00 34 7.17% ODISHA SGS 2040 1,000.00 44 7.63% PUDUCHERRY SGS 2032 150.00 35 7.27% ODISHA SGS 2041 1,000.00 45 6.64% PUDUCHERRY SDL 2032 100.00 36 8.35% ODISHA SDL 2043 500.00 46 6.98% PUDUCHERRY SDL 2033 240.00 37 7.2% ODISHA SGS 2045 1,000.00 47 7.35% PUDUCHERRY SDL 2033 300.00 38 7.18% ODISHA SGS 2046 1,000.00 48 7.27% PUDUCHERRY SGS 2033 300.00 39 7.23% ODISHA SGS 2047 1,000.00 49 6.86% PUDUCHERRY SDL 2034 100.00 Total [A] 34,180.00 50 7.09% PUDUCHERRY SGS 2034 200.00 Loans not bearing interest 51 7.31% PUDUCHERRY SDL 2035 200.00 1 13.05% ORISSA GOVT LOAN 2007 0.01 52 7.62% PUDUCHERRY SGS 2035 250.00 2 13.85% ORISSA SDL 2006 0.01 53 7.14% PUDUCHERRY SGS 2035 125.00 3 14.00% ORISSA GOVT LOAN 2005 0.02 54 7.78% PUDUCHERRY SGS 2036 300.00 4 12.00% ORISSA GOVT. 2011 0.02 55 7.47% PUDUCHERRY SGS 2037 300.00 5 11.50% ORISSA GOVT. 2008 0.00 56 7.69% PUDUCHERRY SGS 2037 150.00 Total [B] 0.06 57 7.38% PUDUCHERRY SGS 2038 200.00 Total [A+B] 34,180.06 58 7.38% PUDUCHERRY SGS 2038 100.00 PUDUCHERRY 59 7.15% PUDUCHERRY SGS 2039 100.00 1 8.3% PUDUCHERRY SDL 2025 100.00 60 7.16% PUDUCHERRY SGS 2040 200.00 2 8.32% PUDUCHERRY SDL 2025 100.00 61 7.59% PUDUCHERRY SGS 2041 250.00 3 7.95% PUDUCHERRY SDL 2025 125.00 Total [A] 9,683.86 4 8.16% PUDUCHERRY SDL 2025 125.00 PUNJAB 5 7.01% PUDUCHERRY SDL 2026 100.00 Loans Bearing Interest 6 6.3% PUDUCHERRY SDL 2026 150.00 1 7.25% PUNJAB SDL 2025 600.00 7 7.29% PUDUCHERRY SGS 2026 100.00 2 8.05% PUNJAB SDL 2025 1,000.00 8 7.33% PUDUCHERRY SDL 2026 100.00 3 8.32% PUNJAB SDL 2025 900.00 9 5.96% PUDUCHERRY SDL 2026 123.86 4 8.27% PUNJAB SDL 2025 600.00 10 5.75% PUDUCHERRY SDL 2026 125.00 5 8.34% PUNJAB SDL 2025 600.00 11 7.08% PUDUCHERRY SDL 2026 200.00 6 8.25% PUNJAB SDL 2025 900.00 12 7.35% PUDUCHERRY SGS 2027 100.00 7 8.28% PUNJAB SDL 2025 600.00 13 8.35% PUDUCHERRY SDL 2027 175.00 8 8.25% PUNJAB SDL 2025 900.00 14 7.39% PUDUCHERRY SDL 2027 100.00 9 8.16% PUNJAB SDL 2025 400.00 15 7.53% PUDUCHERRY SDL 2027 300.00 10 8.01% PUNJAB SDL 2025 1,500.00 16 6.3% PUDUCHERRY SDL 2027 125.00 11 8.14% PUNJAB SDL 2025 500.00 17 7.88% PUDUCHERRY SDL 2028 100.00 12 8.24% PUNJAB SDL 2025 600.00 137State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 13 8.31% PUNJAB SDL 2026 300.00 72 6.7% PUNJAB SDL 2030 1,600.00 14 8.4% PUNJAB SDL 2026 400.00 73 6.42% PUNJAB SDL 2030 1,000.00 15 8.66% PUNJAB SDL 2026 600.00 74 8.56% PUNJAB SDL 2030 2,000.00 16 8.53% PUNJAB SDL 2026 200.00 75 6.69% PUNJAB SDL 2030 500.00 17 8.08% PUNJAB SDL 2026 800.00 76 6.6% PUNJAB SDL 2030 750.00 18 7.98% PUNJAB SDL 2026 1,300.00 77 7.05% PUNJAB SDL 2031 1,900.00 19 7.96% PUNJAB SDL 2026 1,100.00 78 7.23% PUNJAB SDL 2031 1,365.00 20 8.0% PUNJAB SDL 2026 800.00 79 8.45% PUNJAB SDL 2031 2,054.32 21 6.8% PUNJAB SDL 2026 500.00 80 6.81% PUNJAB SDL 2031 2,500.00 22 7.14% PUNJAB SDL 2027 800.00 81 6.95% PUNJAB SDL 2031 2,200.00 23 7.59% PUNJAB SDL 2027 600.00 82 6.97% PUNJAB SDL 2031 2,500.00 24 7.88% PUNJAB SDL 2027 1,000.00 83 6.89% PUNJAB SDL 2031 2,000.00 25 7.88% PUNJAB SDL 2027 855.00 84 6.84% PUNJAB SDL 2031 2,107.01 26 7.6% PUNJAB SDL 2027 145.00 85 7.3% PUNJAB SDL 2031 2,300.00 27 7.63% PUNJAB SDL 2027 800.00 86 7.14% PUNJAB SDL 2032 2,500.00 28 7.59% PUNJAB SDL 2027 300.00 87 7.22% PUNJAB SDL 2032 1,600.00 29 7.55% PUNJAB SDL 2027 600.00 88 7.49% PUNJAB SGS 2032 1,500.00 30 7.49% PUNJAB SDL 2027 200.00 89 7.55% PUNJAB SGS 2032 1,500.00 31 7.25% PUNJAB SDL 2027 1,000.00 90 7.54% PUNJAB SGS 2032 1,000.00 32 7.2% PUNJAB SDL 2027 200.00 91 7.47% PUNJAB SGS 2032 500.00 33 7.34% PUNJAB SDL 2027 600.00 92 7.85% PUNJAB SDL 2032 1,000.00 34 7.24% PUNJAB SDL 2027 200.00 93 7.34% PUNJAB SGS 2032 1,500.00 35 7.3% PUNJAB SDL 2027 1,200.00 94 7.62% PUNJAB SGS 2032 500.00 36 7.32% PUNJAB SDL 2027 700.00 95 7.46% PUNJAB SGS 2033 1,399.00 37 7.42% PUNJAB SDL 2027 1,500.00 96 6.86% PUNJAB SDL 2033 2,000.00 38 7.42% PUNJAB SDL 2027 400.00 97 7.59% PUNJAB SGS 2033 2,500.00 39 7.46% PUNJAB SDL 2027 1,000.00 98 7.39% PUNJAB SGS 2033 1,500.00 40 7.61% PUNJAB SDL 2027 600.00 99 7.38% PUNJAB SGS 2033 992.88 41 7.62% PUNJAB SDL 2027 200.00 100 8.5% PUNJAB SDL 2033 2,500.00 42 7.65% PUNJAB SDL 2027 500.00 101 8.49% PUNJAB SDL 2033 1,800.00 43 7.75% PUNJAB SDL 2027 500.00 102 6.98% PUNJAB SDL 2033 974.89 44 7.67% PUNJAB SDL 2027 800.00 103 7.77% PUNJAB SGS 2033 1,455.51 45 7.78% PUNJAB SDL 2027 400.00 104 7.41% PUNJAB SGS 2034 1,500.00 46 7.72% PUNJAB SDL 2027 300.00 105 7.41% PUNJAB SGS 2034 1,300.00 47 7.82% PUNJAB SDL 2027 600.00 106 7.45% PUNJAB SGS 2034 2,500.00 48 7.79% PUNJAB SDL 2028 300.00 107 7.38% PUNJAB SGS 2034 1,500.00 49 7.77% PUNJAB SDL 2028 500.00 108 7.47% PUNJAB SGS 2034 2,500.00 50 8.2% PUNJAB SDL 2028 875.00 109 7.18% PUNJAB SDL 2034 400.00 51 8.25% PUNJAB SDL 2028 300.00 110 7.45% PUNJAB SGS 2034 1,489.01 52 8.36% PUNJAB SDL 2028 500.00 111 7.48% PUNJAB SGS 2034 1,500.00 53 8.44% PUNJAB SDL 2028 1,300.00 112 7.08% PUNJAB SGS 2034 1,500.00 54 7.02% PUNJAB SDL 2028 1,556.00 113 7.3% PUNJAB SDL 2034 1,035.00 55 8.13% PUNJAB SDL 2028 1,270.00 114 6.92% PUNJAB SDL 2035 2,499.50 56 7.99% PUNJAB SDL 2028 2,450.00 115 7.48% PUNJAB SGS 2035 1,500.00 57 8.34% PUNJAB SDL 2028 1,475.00 116 7.34% PUNJAB SGS 2035 1,700.00 58 8.62% PUNJAB SDL 2028 1,400.00 117 7.52% PUNJAB SGS 2035 1,500.00 59 8.61% PUNJAB SDL 2028 400.00 118 7.49% PUNJAB SGS 2035 1,750.00 60 8.43% PUNJAB SDL 2028 2,326.00 119 7.67% PUNJAB SGS 2035 1,500.00 61 8.34% PUNJAB SDL 2029 2,133.35 120 6.79% PUNJAB SDL 2035 1,570.53 62 8.38% PUNJAB SDL 2029 1,500.00 121 7.69% PUNJAB SGS 2036 2,000.00 63 8.23% PUNJAB SDL 2029 1,972.00 122 6.82% PUNJAB SDL 2036 1,851.00 64 7.6% PUNJAB SDL 2029 1,900.00 123 7.53% PUNJAB SGS 2036 1,000.00 65 7.28% PUNJAB SDL 2029 2,400.00 124 7.37% PUNJAB SGS 2036 1,500.00 66 7.21% PUNJAB SDL 2029 2,300.00 125 7.51% PUNJAB SGS 2036 1,500.00 67 7.28% PUNJAB SDL 2029 1,500.00 126 7.26% PUNJAB SGS 2036 1,500.00 68 7.19% PUNJAB SDL 2029 2,100.00 127 7.75% PUNJAB SGS 2036 1,601.52 69 7.17% PUNJAB SDL 2030 2,200.00 128 7.79% PUNJAB SGS 2036 1,000.00 70 7.17% PUNJAB SDL 2030 700.00 129 7.12% PUNJAB SGS 2036 1,500.00 71 6.72% PUNJAB SDL 2030 500.00 130 7.77% PUNJAB SGS 2036 941.00 138Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 131 7.14% PUNJAB SDL 2036 1,500.00 3 7.21% PUNJAB UDAY BOND 2025 111.824 132 7.78% PUNJAB SGS 2037 1,500.00 4 8.22% PUNJAB UDAY BOND 2026 559.707 133 7.19% PUNJAB SDL 2037 1,032.43 5 8.21% PUNJAB UDAY BOND 2026 426.2 134 7.23% PUNJAB SGS 2037 2,000.00 6 8.18% PUNJAB UDAY BOND 2026 100 135 7.12% PUNJAB SDL 2037 2,500.00 7 8.22% PUNJAB UDAY BOND 2026 941.884 136 7.48% PUNJAB SGS 2037 1,500.00 8 7.21% PUNJAB UDAY BOND 2026 111.824 137 7.51% PUNJAB SGS 2037 1,000.00 9 8.45% PUNJAB UDAY BOND 2027 559.707 138 7.53% PUNJAB SGS 2037 1,700.00 10 8.43% PUNJAB UDAY BOND 2027 426.2 139 7.76% PUNJAB SDL 2037 500.00 11 8.65% PUNJAB UDAY BOND 2028 559.707 140 7.47% PUNJAB SGS 2037 1,000.00 12 8.66% PUNJAB UDAY BOND 2028 426.2 141 7.49% PUNJAB SGS 2037 1,000.00 13 8.48% PUNJAB UDAY BOND 2029 559.707 142 7.26% PUNJAB SGS 2037 1,000.00 14 8.47% PUNJAB UDAY BOND 2029 426.2 143 7.79% PUNJAB SGS 2037 1,000.00 15 8.62% PUNJAB UDAY BOND 2030 559.707 144 7.79% PUNJAB SGS 2038 1,500.00 16 8.61% PUNJAB UDAY BOND 2030 426.2 145 7.97% PUNJAB SGS 2038 2,563.00 17 8.72% PUNJAB UDAY BOND 2031 559.707 146 7.62% PUNJAB SGS 2038 2,500.01 18 8.71% PUNJAB UDAY BOND 2031 426.85 147 7.37% PUNJAB SGS 2038 2,500.00 Total [B] 8223.508 148 7.59% PUNJAB SGS 2039 2,500.00 Total [A+B] 275,384.47 149 7.69% PUNJAB SGS 2039 2,336.95 Loans not bearing interest 150 7.74% PUNJAB SGS 2039 2,500.00 1 14.00% PUNJAB LOAN 2005 0.02 151 6.97% PUNJAB SDL 2039 2,620.00 Total [C] 0.02 152 7.63% PUNJAB SGS 2039 2,602.57 Total [A+B+C] 275,384.49 153 7.68% PUNJAB SGS 2039 2,442.00 RAJASTHAN 154 7.7% PUNJAB SGS 2040 1,200.00 Loans Bearing Interest 155 6.97% PUNJAB SDL 2040 2,528.00 1 5.94% RAJASTHAN SDL 2025 1,000.00 156 6.7% PUNJAB SDL 2040 2,310.00 2 8.05% RAJASTHAN SDL 2025 500.00 157 6.95% PUNJAB SDL 2040 2,385.00 3 8.05% RAJASTHAN SDL 2025 500.00 158 6.76% PUNJAB SDL 2040 1,500.00 4 8.29% RAJASTHAN SDL 2025 1,000.00 159 6.73% PUNJAB SDL 2040 2,307.47 5 5.8% RAJASTHAN SDL 2025 1,000.00 160 7.41% PUNJAB SDL 2042 3,500.00 6 5.65% RAJASTHAN SDL 2025 750.00 161 7.37% PUNJAB SDL 2042 2,500.00 7 5.75% RAJASTHAN SDL 2025 500.00 162 7.48% PUNJAB SDL 2042 2,500.00 8 8.23% RAJASTHAN SDL 2025 500.00 163 8.04% PUNJAB SDL 2042 2,500.00 9 8.2% RAJASTHAN SDL 2025 500.00 164 7.94% PUNJAB SDL 2042 2,600.00 10 5.45% RAJASTHAN SDL 2025 500.00 165 7.82% PUNJAB SDL 2042 2,500.00 11 8.29% RAJASTHAN SDL 2025 1,000.00 166 7.75% PUNJAB SGS 2042 2,500.00 12 5.49% RAJASTHAN SDL 2025 500.00 167 7.58% PUNJAB SGS 2042 2,500.00 13 5.89% RAJASTHAN SDL 2025 500.00 168 7.68% PUNJAB SGS 2042 2,505.02 14 6.92% RAJASTHAN SDL 2025 500.00 169 7.7% PUNJAB SGS 2042 2,000.00 15 8.23% RAJASTHAN SDL 2025 500.00 170 7.85% PUNJAB SGS 2042 2,250.00 16 6.89% RAJASTHAN SDL 2025 500.00 171 7.83% PUNJAB SGS 2042 2,500.00 17 7.0% RAJASTHAN SDL 2025 1,000.00 172 7.65% PUNJAB SGS 2042 2,000.00 18 7.95% RAJASTHAN SDL 2025 750.00 173 7.47% PUNJAB SGS 2043 2,700.00 19 7.99% RAJASTHAN SDL 2025 1,000.00 174 7.15% PUNJAB SGS 2044 1,500.00 20 8.14% RAJASTHAN SDL 2025 1,500.00 175 7.11% PUNJAB SGS 2044 1,150.00 21 8.16% RAJASTHAN SDL 2025 750.00 176 7.17% PUNJAB SGS 2044 1,237.00 22 6.87% RAJASTHAN SDL 2025 500.00 177 7.12% PUNJAB SGS 2045 1,400.00 23 5.35% RAJASTHAN SDL 2025 500.00 178 7.19% PUNJAB SGS 2045 2,000.00 24 5.32% RAJASTHAN SDL 2025 1,000.00 179 7.1% PUNJAB SGS 2045 1,998.00 25 8.3% RAJASTHAN SDL 2026 2,000.00 180 7.43% PUNJAB SGS 2048 2,500.00 26 8.38% RAJASTHAN SDL 2026 1,000.00 181 7.43% PUNJAB SGS 2048 750.00 27 6.2% RAJASTHAN SDL 2026 750.00 182 7.14% PUNJAB SGS 2049 1,650.00 28 6.09% RAJASTHAN SDL 2026 500.00 183 6.65% PUNJAB SDL 2050 2,500.00 29 8.48% RAJASTHAN SDL 2026 1,000.00 184 6.65% PUNJAB SDL 2050 2,700.00 30 8.65% RAJASTHAN SDL 2026 800.00 185 6.63% PUNJAB SDL 2051 1,100.00 31 8.55% RAJASTHAN SDL 2026 1,000.00 Total [A] 267,160.96 32 8.09% RAJASTHAN SDL 2026 1,500.00 Special Securities 33 7.9% RAJASTHAN SDL 2026 1,080.00 1 8.18% PUNJAB UDAY BOND 2025 100 34 7.98% RAJASTHAN SDL 2026 750.00 2 8.22% PUNJAB UDAY BOND 2025 941.884 35 6.13% RAJASTHAN SDL 2026 500.00 139State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 36 6.1% RAJASTHAN SDL 2026 500.00 95 8.49% RAJASTHAN SDL 2028 1,000.00 37 8.0% RAJASTHAN SDL 2026 1,250.00 96 8.53% RAJASTHAN SDL 2028 500.00 38 8.07% RAJASTHAN SDL 2026 1,500.00 97 8.63% RAJASTHAN SDL 2028 2,000.00 39 6.05% RAJASTHAN SDL 2026 750.00 98 8.84% RAJASTHAN SDL 2028 2,000.00 40 6.24% RAJASTHAN SDL 2026 500.00 99 8.76% RAJASTHAN SDL 2028 1,000.00 41 6.29% RAJASTHAN SDL 2026 500.00 100 8.65% RAJASTHAN SDL 2028 1,000.00 42 6.27% RAJASTHAN SDL 2026 1,000.00 101 8.57% RAJASTHAN SDL 2028 OCT 500.00 43 7.58% RAJASTHAN SDL 2026 500.00 102 8.6% RAJASTHAN SDL 2028 2,000.00 44 7.57% RAJASTHAN SDL 2026 1,000.00 103 8.55% RAJASTHAN SDL 2028 700.00 45 7.38% RAJASTHAN SDL 2026 2,000.00 104 8.38% RAJASTHAN SDL 2028 1,000.00 46 7.17% RAJASTHAN SDL 2026 900.00 105 8.36% RAJASTHAN SDL 2028 500.00 47 6.01% RAJASTHAN SDL 2026 1,000.00 106 8.09% RAJASTHAN SDL 2028 870.00 48 7.21% RAJASTHAN SDL 2026 1,000.00 107 8.27% RAJASTHAN SDL 2029 1,000.00 49 7.37% RAJASTHAN SDL 2026 500.00 108 8.17% RAJASTHAN SDL 2029 1,000.00 50 6.82% RAJASTHAN SDL 2026 500.00 109 8.32% RAJASTHAN SDL 2029 1,256.00 51 6.85% RAJASTHAN SDL 2026 500.00 110 8.44% RAJASTHAN SDL 2029 1,000.00 52 6.07% RAJASTHAN SDL 2026 500.00 111 8.41% RAJASTHAN SDL 2029 500.00 53 7.06% RAJASTHAN SDL 2026 1,000.00 112 8.4% RAJASTHAN SDL 2029 1,822.44 54 6.29% RAJASTHAN SDL 2026 669.00 113 7.13% RAJASTHAN SDL 2029 880.00 55 5.82% RAJASTHAN SDL 2027 600.00 114 8.12% RAJASTHAN SDL 2029 2,000.00 56 7.15% RAJASTHAN SDL 2027 500.00 115 8.15% RAJASTHAN SDL 2029 2,000.00 57 6.43% RAJASTHAN SDL 2027 1,000.00 116 8.07% RAJASTHAN SDL 2029 2,000.00 58 6.45% RAJASTHAN SDL 2027 500.00 117 8.01% RAJASTHAN SDL 2029 886.50 59 6.45% RAJASTHAN SDL 2027 500.00 118 7.59% RAJASTHAN SDL 2029 1,500.00 60 7.59% RAJASTHAN SDL 2027 500.00 119 7.61% RAJASTHAN SDL 2029 495.00 61 7.73% RAJASTHAN SDL 2027 2,000.00 120 7.31% RAJASTHAN SDL 2029 1,000.00 62 6.48% RAJASTHAN SDL 2027 1,000.00 121 7.28% RAJASTHAN SDL 2029 1,000.00 63 7.85% RAJASTHAN SDL 2027 2,000.00 122 7.09% RAJASTHAN SDL 2029 1,000.00 64 7.61% RAJASTHAN SDL 2027 653.78 123 7.08% RAJASTHAN SDL 2029 1,500.00 65 8.31% RAJASTHAN SDL 2027 670.00 124 7.13% RAJASTHAN SDL 2029 1,000.00 66 7.51% RAJASTHAN SDL 2027 1,000.00 125 7.4% RAJASTHAN SDL 2029 2,000.00 67 7.23% RAJASTHAN SDL 2027 2,000.00 126 7.15% RAJASTHAN SDL 2029 500.00 68 7.22% RAJASTHAN SDL 2027 1,000.00 127 7.16% RAJASTHAN SDL 2029 500.00 69 6.2% RAJASTHAN SDL 2027 1,000.00 128 7.18% RAJASTHAN SDL 2029 500.00 70 7.45% RAJASTHAN SDL 2027 2,500.00 129 7.27% RAJASTHAN SDL 2029 500.00 71 6.23% RAJASTHAN SDL 2027 1,000.00 130 7.15% RAJASTHAN SDL 2030 1,000.00 72 7.55% RAJASTHAN SDL 2027 500.00 131 7.17% RAJASTHAN SDL 2030 1,000.00 73 6.34% RAJASTHAN SDL 2027 1,000.00 132 7.27% RAJASTHAN SDL 2030 500.00 74 6.1% RAJASTHAN SDL 2027 500.00 133 7.18% RAJASTHAN SDL 2030 250.00 75 7.64% RAJASTHAN SDL 2027 2,000.00 134 7.14% RAJASTHAN SDL 2030 500.00 76 7.65% RAJASTHAN SDL 2027 1,500.00 135 7.03% RAJASTHAN SDL 2030 500.00 77 7.65% RAJASTHAN SDL 2027 1,000.00 136 6.97% RAJASTHAN SDL 2030 1,000.00 78 7.86% RAJASTHAN SDL 2027 2,000.00 137 7.04% RAJASTHAN SDL 2030 1,000.00 79 7.88% RAJASTHAN SDL 2028 1,000.00 138 6.84% RAJASTHAN SDL 2030 1,500.00 80 8.07% RAJASTHAN SDL 2028 1,000.00 139 7.08% RAJASTHAN SDL 2030 500.00 81 8.28% RAJASTHAN SDL 2028 1,500.00 140 7.45% RAJASTHAN SDL 2030 500.00 82 8.33% RAJASTHAN SDL 2028 1,500.00 141 7.3% RAJASTHAN SDL 2030 510.50 83 8.44% RAJASTHAN SDL 2028 2,000.00 142 6.71% RAJASTHAN SDL 2030 1,500.00 84 8.28% RAJASTHAN SDL 2028 2,000.00 143 6.78% RAJASTHAN SDL 2030 500.00 85 8.13% RAJASTHAN SDL 2028 414.00 144 6.49% RAJASTHAN SDL 2030 1,000.00 86 7.98% RAJASTHAN SDL 2028 1,500.00 145 6.58% RAJASTHAN SDL 2030 750.00 87 8.16% RAJASTHAN SDL 2028 1,500.00 146 6.57% RAJASTHAN SDL 2030 1,500.00 88 8.4% RAJASTHAN SDL 2028 1,029.60 147 6.54% RAJASTHAN SDL 2030 1,000.00 89 8.4% RAJASTHAN SDL 2028 JUN 1,000.00 148 6.59% RAJASTHAN SDL 2030 500.00 90 8.44% RAJASTHAN SDL 2028 1,000.00 149 6.55% RAJASTHAN SDL 2030 750.00 91 8.54% RAJASTHAN SDL 2028 1,000.00 150 6.46% RAJASTHAN SDL 2030 500.00 92 8.57% RAJASTHAN SDL 2028 1,000.00 151 6.5% RAJASTHAN SDL 2030 700.00 93 8.44% RAJASTHAN SDL 2028 JUL 500.00 152 6.64% RAJASTHAN SDL 2030 500.00 94 8.43% RAJASTHAN SDL 2028 2,000.00 153 6.46% RAJASTHAN SDL 2030 500.00 140Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 154 6.6% RAJASTHAN SDL 2030 750.00 213 7.83% RAJASTHAN SDL 2032 1,750.00 155 6.67% RAJASTHAN SDL 2030 750.00 214 6.9% RAJASTHAN SDL 2032 1,000.00 156 6.72% RAJASTHAN SDL 2030 750.00 215 7.22% RAJASTHAN SDL 2032 500.00 157 6.85% RAJASTHAN SDL 2030 250.00 216 7.81% RAJASTHAN SDL 2032 1,000.00 158 6.92% RAJASTHAN SDL 2030 1,000.00 217 7.65% RAJASTHAN SDL 2032 1,000.00 159 6.6% RAJASTHAN SDL 2030 500.00 218 7.23% RAJASTHAN SDL 2032 500.00 160 6.45% RAJASTHAN SDL 2030 500.00 219 7.77% RAJASTHAN SDL 2032 1,000.00 161 6.75% RAJASTHAN SDL 2030 1,000.00 220 7.04% RAJASTHAN SGS 2032 1,000.00 162 6.61% RAJASTHAN SDL 2030 761.00 221 7.65% RAJASTHAN SGS 2032 1,765.00 163 6.54% RAJASTHAN SDL 2030 1,000.00 222 7.79% RAJASTHAN SGS 2032 1,000.00 164 6.59% RAJASTHAN SDL 2030 1,000.00 223 7.84% RAJASTHAN SGS 2032 1,500.00 165 6.62% RAJASTHAN SDL 2030 1,500.00 224 7.82% RAJASTHAN SGS 2032 2,000.00 166 6.6% RAJASTHAN SDL 2030 1,000.00 225 7.61% RAJASTHAN SGS 2032 2,501.00 167 6.6% RAJASTHAN SDL 2030 1,000.00 226 7.65% RAJASTHAN SGS 2033 1,000.00 168 6.59% RAJASTHAN SDL 2031 600.00 227 7.66% RAJASTHAN SGS 2033 1,500.00 169 6.61% RAJASTHAN SDL 2031 1,000.00 228 7.66% RAJASTHAN SGS 2033 1,000.00 170 7.66% RAJASTHAN SGS 2031 500.00 229 7.77% RAJASTHAN SGS 2033 1,000.00 171 6.61% RAJASTHAN SDL 2031 500.00 230 7.47% RAJASTHAN SGS 2033 996.00 172 6.85% RAJASTHAN SDL 2031 1,000.00 231 7.78% RAJASTHAN SGS 2033 2,000.00 173 6.95% RAJASTHAN SDL 2031 1,000.00 232 7.56% RAJASTHAN SGS 2033 1,500.00 174 7.05% RAJASTHAN SDL 2031 1,500.00 233 7.45% RAJASTHAN SGS 2033 1,500.00 175 7.15% RAJASTHAN SDL 2031 1,000.00 234 7.34% RAJASTHAN SGS 2033 500.00 176 7.13% RAJASTHAN SDL 2031 1,310.00 235 7.36% RAJASTHAN SGS 2033 1,000.00 177 7.15% RAJASTHAN SDL 2031 1,638.00 236 7.34% RAJASTHAN SGS 2033 1,000.00 178 6.75% RAJASTHAN SDL 2031 1,000.00 237 7.38% RAJASTHAN SGS 2033 2,000.00 179 6.78% RAJASTHAN SDL 2031 1,000.00 238 7.44% RAJASTHAN SGS 2033 1,000.00 180 6.82% RAJASTHAN SDL 2031 1,000.00 239 7.41% RAJASTHAN SGS 2033 1,500.00 181 6.78% RAJASTHAN SDL 2031 1,500.00 240 7.23% RAJASTHAN SGS 2033 1,000.00 182 6.77% RAJASTHAN SDL 2031 500.00 241 7.44% RAJASTHAN SGS 2033 1,000.00 183 6.76% RAJASTHAN SDL 2031 1,000.00 242 7.46% RAJASTHAN SGS 2033 1,000.00 184 6.84% RAJASTHAN SDL 2031 1,000.00 243 6.94% RAJASTHAN SDL 2033 1,000.00 185 6.8% RAJASTHAN SDL 2031 1,000.00 244 7.54% RAJASTHAN SGS 2033 1,000.00 186 6.84% RAJASTHAN SDL 2031 750.00 245 7.71% RAJASTHAN SGS 2033 1,000.00 187 7.31% RAJASTHAN SDL 2031 1,000.00 246 7.73% RAJASTHAN SGS 2033 1,000.00 188 6.91% RAJASTHAN SDL 2031 500.00 247 7.72% RAJASTHAN SGS 2033 1,500.00 189 6.97% RAJASTHAN SDL 2031 1,000.00 248 7.74% RAJASTHAN SGS 2033 1,000.00 190 7.0% RAJASTHAN SDL 2031 600.00 249 7.74% RAJASTHAN SGS 2033 1,500.00 191 6.91% RAJASTHAN SDL 2031 1,500.00 250 7.67% RAJASTHAN SGS 2033 2,549.00 192 6.87% RAJASTHAN SDL 2031 1,000.00 251 7.74% RAJASTHAN SGS 2034 1,000.00 193 6.77% RAJASTHAN SDL 2031 1,000.00 252 7.67% RAJASTHAN SGS 2034 1,000.00 194 6.91% RAJASTHAN SDL 2031 1,000.00 253 7.66% RAJASTHAN SGS 2034 1,000.00 195 6.98% RAJASTHAN SDL 2031 1,000.00 254 7.51% RAJASTHAN SGS 2034 1,500.00 196 6.96% RAJASTHAN SDL 2031 1,000.00 255 7.48% RAJASTHAN SGS 2034 750.00 197 6.98% RAJASTHAN SDL 2031 1,000.00 256 7.44% RAJASTHAN SGS 2034 1,000.00 198 6.92% RAJASTHAN SDL 2031 500.00 257 7.37% RAJASTHAN SGS 2034 1,000.00 199 6.84% RAJASTHAN SDL 2031 1,000.00 258 7.46% RAJASTHAN SGS 2034 1,579.00 200 7.03% RAJASTHAN SDL 2031 1,500.00 259 7.37% RAJASTHAN SDL 2034 500.00 201 7.14% RAJASTHAN SDL 2032 1,500.00 260 7.44% RAJASTHAN SGS 2034 1,000.00 202 7.24% RAJASTHAN SDL 2032 1,500.00 261 7.52% RAJASTHAN SGS 2034 1,000.00 203 7.21% RAJASTHAN SDL 2032 750.00 262 7.41% RAJASTHAN SGS 2034 1,750.00 204 7.24% RAJASTHAN SDL 2032 1,000.00 263 7.37% RAJASTHAN SGS 2034 1,500.00 205 7.09% RAJASTHAN SDL 2032 1,000.00 264 7.43% RAJASTHAN SGS 2034 1,000.00 206 7.17% RAJASTHAN SDL 2032 1,000.00 265 7.32% RAJASTHAN SDL 2034 2,000.00 207 7.22% RAJASTHAN SDL 2032 500.00 266 7.34% RAJASTHAN SGS 2034 1,500.00 208 7.24% RAJASTHAN SDL 2032 1,000.00 267 7.32% RAJASTHAN SGS 2034 1,000.00 209 7.29% RAJASTHAN SDL 2032 1,000.00 268 7.36% RAJASTHAN SGS 2034 1,000.00 210 7.88% RAJASTHAN SDL 2032 2,000.00 269 7.29% RAJASTHAN SGS 2034 1,000.00 211 7.7% RAJASTHAN SDL 2032 1,500.00 270 7.49% RAJASTHAN SGS 2034 1,000.00 212 7.42% RAJASTHAN SGS 2032 750.00 271 7.22% RAJASTHAN SGS 2034 1,500.00 141State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 272 7.24% RAJASTHAN SGS 2034 1,000.00 331 7.4% RAJASTHAN SGS 2042 1,000.00 273 7.1% RAJASTHAN SGS 2034 1,500.00 332 7.46% RAJASTHAN SGS 2042 1,500.00 274 7.13% RAJASTHAN SGS 2034 2,000.00 333 7.9% RAJASTHAN SDL 2042 1,500.00 275 7.16% RAJASTHAN SGS 2034 2,000.00 334 7.98% RAJASTHAN SDL 2042 2,000.00 276 7.08% RAJASTHAN SGS 2034 800.00 335 7.97% RAJASTHAN SDL 2042 1,000.00 277 7.11% RAJASTHAN SGS 2034 1,000.00 336 7.27% RAJASTHAN SGS 2042 1,000.00 278 7.13% RAJASTHAN SGS 2035 1,500.00 337 7.15% RAJASTHAN SGS 2042 1,000.00 279 7.17% RAJASTHAN SGS 2035 1,000.00 338 7.74% RAJASTHAN SGS 2042 2,000.00 280 7.22% RAJASTHAN SGS 2035 500.00 339 7.66% RAJASTHAN SGS 2043 1,000.00 281 7.19% RAJASTHAN SGS 2035 1,000.00 340 7.1% RAJASTHAN SGS 2043 1,044.00 282 7.15% RAJASTHAN SGS 2035 1,500.00 341 7.61% RAJASTHAN SGS 2043 1,500.00 283 7.06% RAJASTHAN SGS 2035 1,500.00 342 7.35% RAJASTHAN SGS 2043 1,500.00 284 7.72% RAJASTHAN SDL 2035 2,000.00 343 7.33% RAJASTHAN SGS 2043 1,000.00 285 7.09% RAJASTHAN SGS 2035 1,000.00 344 7.62% RAJASTHAN SGS 2043 2,000.00 286 7.75% RAJASTHAN SGS 2035 1,500.00 345 7.7% RAJASTHAN SGS 2043 1,000.00 287 7.03% RAJASTHAN SDL 2036 500.00 346 7.43% RAJASTHAN SGS 2044 1,000.00 288 7.24% RAJASTHAN SDL 2036 500.00 347 7.52% RAJASTHAN SGS 2044 1,500.00 289 7.04% RAJASTHAN SDL 2036 1,000.00 348 7.49% RAJASTHAN SGS 2044 1,000.00 290 7.44% RAJASTHAN SGS 2036 1,000.00 349 7.33% RAJASTHAN SGS 2044 1,500.00 291 6.86% RAJASTHAN SDL 2036 500.00 350 7.82% RAJASTHAN SDL 2044 1,500.00 292 7.75% RAJASTHAN SGS 2036 1,500.00 351 7.45% RAJASTHAN SGS 2044 1,500.00 293 7.14% RAJASTHAN SGS 2037 500.00 352 7.37% RAJASTHAN SGS 2045 1,000.00 294 7.48% RAJASTHAN SGS 2037 1,500.00 353 7.34% RAJASTHAN SGS 2045 1,500.00 295 7.52% RAJASTHAN SGS 2037 2,000.00 354 7.34% RAJASTHAN SGS 2045 1,500.00 296 7.36% RAJASTHAN SGS 2037 1,000.00 355 7.93% RAJASTHAN SDL 2045 1,000.00 297 7.85% RAJASTHAN SDL 2037 2,000.00 356 7.16% RAJASTHAN SGS 2045 1,000.00 298 8.05% RAJASTHAN SDL 2037 1,000.00 357 6.88% RAJASTHAN SDL 2046 500.00 299 7.05% RAJASTHAN SGS 2037 1,576.00 358 7.2% RAJASTHAN SDL 2046 500.00 300 7.64% RAJASTHAN SGS 2038 1,500.00 359 7.07% RAJASTHAN SDL 2046 500.00 301 7.73% RAJASTHAN SGS 2038 1,000.00 360 7.36% RAJASTHAN SGS 2046 1,000.00 302 7.23% RAJASTHAN SGS 2038 1,000.00 361 7.23% RAJASTHAN SGS 2046 1,500.00 303 8.25% RAJASTHAN SDL 2038 2,500.00 362 7.13% RAJASTHAN SGS 2046 1,000.00 304 8.28% RAJASTHAN SDL 2038 2,500.00 363 7.59% RAJASTHAN SGS 2046 1,000.00 305 8.35% RAJASTHAN SDL 2038 1,500.00 364 7.1% RAJASTHAN SGS 2046 1,000.00 306 7.18% RAJASTHAN SGS 2038 1,000.00 365 7.81% RAJASTHAN SDL 2047 1,000.00 307 7.42% RAJASTHAN SGS 2039 1,000.00 366 7.56% RAJASTHAN SGS 2048 1,500.00 308 7.69% RAJASTHAN SGS 2039 1,000.00 367 7.58% RAJASTHAN SGS 2048 983.00 309 7.52% RAJASTHAN SGS 2039 1,000.00 368 7.59% RAJASTHAN SGS 2048 1,500.00 310 7.37% RAJASTHAN SGS 2039 1,000.00 369 7.39% RAJASTHAN SGS 2048 1,000.00 311 7.85% RAJASTHAN SDL 2039 1,500.00 370 7.43% RAJASTHAN SGS 2048 1,000.00 312 7.41% RAJASTHAN SGS 2039 1,000.00 371 7.65% RAJASTHAN SGS 2048 1,000.00 313 7.13% RAJASTHAN SGS 2039 1,500.00 372 7.74% RAJASTHAN SGS 2049 2,061.00 314 7.74% RAJASTHAN SGS 2039 1,000.00 373 7.35% RAJASTHAN SGS 2049 1,500.00 315 7.12% RAJASTHAN SGS 2039 1,000.00 374 7.43% RAJASTHAN SGS 2049 1,500.00 316 7.74% RAJASTHAN SGS 2040 1,000.00 375 7.64% RAJASTHAN SGS 2049 1,500.00 317 7.49% RAJASTHAN SGS 2040 1,500.00 376 7.1% RAJASTHAN SGS 2050 1,000.00 318 7.45% RAJASTHAN SGS 2040 2,250.00 377 7.83% RAJASTHAN SGS 2050 2,262.00 319 7.87% RAJASTHAN SGS 2040 2,500.00 378 6.7% RAJASTHAN SDL 2050 750.00 320 6.62% RAJASTHAN SDL 2041 500.00 379 6.67% RAJASTHAN SDL 2050 750.00 321 7.63% RAJASTHAN SGS 2041 1,500.00 380 6.55% RAJASTHAN SDL 2050 500.00 322 6.96% RAJASTHAN SDL 2041 750.00 381 6.5% RAJASTHAN SDL 2050 500.00 323 6.99% RAJASTHAN SDL 2041 500.00 382 7.1% RAJASTHAN SGS 2051 1,000.00 324 7.22% RAJASTHAN SDL 2041 500.00 383 6.97% RAJASTHAN SDL 2051 750.00 325 7.84% RAJASTHAN SGS 2041 2,000.00 384 6.97% RAJASTHAN SDL 2051 500.00 326 7.05% RAJASTHAN SDL 2041 500.00 385 6.55% RAJASTHAN SDL 2055 1,000.00 327 7.13% RAJASTHAN SDL 2041 1,000.00 Total [A] 415,211.82 328 7.36% RAJASTHAN SGS 2041 1,000.00 Special Securities 329 7.4% RAJASTHAN SGS 2041 500.00 1 8.33% RAJASTHAN UDAY BOND 2025 2,311.93 330 7.2% RAJASTHAN SGS 2042 1,000.00 2 8.55% RAJASTHAN SPL BOND 2025 270.00 142Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 3 6.98% RAJASTHAN UDAY BOND 2026 111.11 35 7.35% SIKKIM SDL 2032 191.00 4 7.08% RAJASTHAN UDAY BOND 2026 62.76 36 7.82% SIKKIM SDL 2032 150.00 5 8.39% RAJASTHAN UDAY BOND 2026 3,161.65 37 7.45% SIKKIM SGS 2032 250.00 6 8.21% RAJASTHAN UDAY BOND 2026 988.33 38 7.85% SIKKIM SGS 2032 200.00 7 8.19% RAJASTHAN UDAY BOND 2026 2,311.88 39 7.82% SIKKIM SGS 2032 277.00 8 8.49% RAJASTHAN SPL BOND 2026 270.00 40 7.66% SIKKIM SGS 2033 437.00 9 7.30% RAJASTHAN UDAY BOND 2027 111.12 41 7.75% SIKKIM SGS 2033 100.00 10 7.40% RAJASTHAN UDAY BOND 2027 62.76 42 7.37% SIKKIM SGS 2033 300.00 11 8.57% RAJASTHAN SPL BOND 2027 270.00 43 7.46% SIKKIM SGS 2033 250.00 12 10.03% RAJASTHAN SPL BOND 2028 3,000.00 44 7.75% SIKKIM SGS 2033 400.00 13 8.41% RAJASTHAN SPL BOND 2028 270.00 45 7.7% SIKKIM SGS 2034 481.00 14 8.45%RAJASTHAN SPL BONDS 2028 806.00 46 7.5% SIKKIM SGS 2034 485.00 15 9.16% RAJSTHAN SPL BONDS 2028 1,000.00 47 7.14% SIKKIM SGS 2034 1,000.00 16 9.99% RAJASTHAN SPL BONDS 2028 340.00 48 7.2% SIKKIM SGS 2035 488.00 Total [B] 15,347.54 49 7.1% SIKKIM SGS 2035 463.00 Total [A+B] 430,559.37 Total [A] 12,300.00 Loans not bearing interest TAMILNADU 1 13.85% RAJASTHAN SDL 2006 0.01 Loans Bearing Interest 2 14.00% RAJASTHAN S.D.L. 2005 0.01 1 8.06% TAMILNADU SDL 2025 1,500.00 3 13.00% RAJASTHAN S.D. 2007 0.01 2 8.06% TAMILNADU SDL 2025 1,500.00 4 11.50% RAJASTHAN S.D. 2009 0.00 3 5.95% TAMILNADU SDL 2025 3,000.00 Total [C] 0.02 4 8.22% TAMILNADU SDL 2025 1,000.00 Total [A+B+C] 430,559.39 5 5.75% TAMILNADU SDL 2025 1,000.00 SIKKIM 6 8.14% TAMILNADU SDL 2025 1,000.00 Loans Bearing Interest 7 8.24% TAMILNADU SDL 2025 1,000.00 1 8.17% SIKKIM SDL 2025 225.00 8 5.65% TAMILNADU SDL 2025 1,000.00 2 8.2% SIKKIM SDL 2026 225.00 9 8.21% TAMILNADU SDL 2025 1,250.00 3 8.08% SIKKIM SDL 2026 130.00 10 8.29% TAMILNADU SDL 2025 1,500.00 4 8.04% SIKKIM SDL 2026 200.00 11 8.27% TAMILNADU SDL 2025 1,200.00 5 7.23% SIKKIM SDL 2026 200.00 12 8.29% TAMILNADU SDL 2025 1,200.00 6 7.1% SIKKIM SDL 2026 200.00 13 8.24% TAMILNADU SDL 2025 1,500.00 7 7.24% SIKKIM SDL 2027 144.00 14 7.97% TAMILNADU SDL 2025 1,875.00 8 7.51% SIKKIM SDL 2027 200.00 15 6.9% TAMILNADU SDL 2025 1,100.00 9 7.33% SIKKIM SDL 2027 200.00 16 8.0% TAMILNADU SDL 2025 1,500.00 10 7.55% SIKKIM SDL 2027 270.00 17 6.94% TAMILNADU SDL 2025 500.00 11 7.53% SIKKIM SDL 2027 75.00 18 8.15% TAMILNADU SDL 2025 1,500.00 12 7.88% SIKKIM SDL 2028 250.00 19 6.89% TAMILNADU SDL 2025 1,000.00 13 8.59% SIKKIM SDL 2028 300.00 20 8.17% TAMILNADU SDL 2025 1,875.00 14 8.7% SIKKIM SDL 2028 200.00 21 8.22% TAMILNADU SDL 2025 1,500.00 15 8.85% SIKKIM SDL 2028 125.00 22 8.27% TAMILNADU SDL 2025 1,250.00 16 8.62% SIKKIM SDL 2028 100.00 23 8.27% TAMILNADU SDL 2026 1,500.00 17 8.27% SIKKIM SDL 2029 92.00 24 8.38% TAMILNADU SDL 2026 1,500.00 18 8.21% SIKKIM SDL 2029 271.00 25 8.49% TAMILNADU SDL 2026 1,875.00 19 7.59% SIKKIM SDL 2029 213.00 26 8.69% TAMILNADU SDL 2026 1,250.00 20 7.13% SIKKIM SDL 2029 238.00 27 8.53% TAMILNADU SDL 2026 1,500.00 21 7.28% SIKKIM SDL 2030 142.00 28 8.01% TAMILNADU SDL 2026 1,875.00 22 6.95% SIKKIM SDL 2030 216.00 29 7.96% TAMILNADU SDL 2026 1,000.00 23 7.14% SIKKIM SDL 2030 467.00 30 8.01% TAMILNADU SDL 2026 1,875.00 24 6.73% SIKKIM SDL 2030 148.00 31 7.98% TAMILNADU SDL 2026 1,500.00 25 6.6% SIKKIM SDL 2030 312.00 32 8.07% TAMILNADU SDL 2026 1,875.00 26 6.64% SIKKIM SDL 2031 204.00 33 7.84% TAMILNADU SDL 2026 1,875.00 27 7.19% SIKKIM SDL 2031 100.00 34 7.69% TAMILNADU SDL 2026 1,500.00 28 7.18% SIKKIM SDL 2031 46.00 35 7.62% TAMILNADU SDL 2026 1,875.00 29 6.93% SIKKIM SDL 2031 15.00 36 7.58% TAMILNADU SDL 2026 1,500.00 30 6.78% SIKKIM SDL 2031 500.00 37 7.37% TAMILNADU SDL 2026 1,500.00 31 6.8% SIKKIM SDL 2031 251.00 38 8.72% TAMILNADU SDL 2026 1,300.00 32 6.87% SIKKIM SDL 2031 177.00 39 7.14% TAMILNADU SDL 2026 1,600.11 33 7.27% SIKKIM SDL 2032 201.00 40 7.23% TAMILNADU SDL 2026 1,875.00 34 7.24% SIKKIM SDL 2032 191.00 41 7.39% TAMILNADU SDL 2026 2,500.00 143State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 42 7.05% TAMILNADU SDL 2026 1,500.00 101 7.06% TAMILNADU SGS 2029 1,000.00 43 6.84% TAMILNADU SDL 2026 2,500.00 102 7.03% TAMILNADU SGS 2029 2,000.00 44 7.07% TAMILNADU SDL 2026 2,500.00 103 7.02% TAMILNADU SGS 2029 1,000.00 45 7.16% TAMILNADU SDL 2027 2,000.00 104 6.92% TAMILNADU SGS 2029 1,000.00 46 7.2% TAMILNADU SDL 2027 1,500.00 105 7.0% TAMILNADU SGS 2029 2,000.00 47 7.61% TAMILNADU SDL 2027 2,000.00 106 7.02% TAMILNADU SGS 2029 1,000.00 48 7.74% TAMILNADU SDL 2027 2,500.00 107 6.71% TAMILNADU SDL 2029 1,000.00 49 7.85% TAMILNADU SDL 2027 1,000.00 108 7.17% TAMILNADU SDL 2029 5,000.00 50 7.62% TAMILNADU SDL 2027 1,500.00 109 6.66% TAMILNADU SDL 2029 1,000.00 51 7.25% TAMILNADU SDL 2027 560.00 110 7.03% TAMILNADU SGS 2029 1,000.00 52 7.63% TAMILNADU SDL 2027 1,000.00 111 7.04% TAMILNADU SDL 2030 900.00 53 7.55% TAMILNADU SDL 2027 1,500.00 112 7.04% TAMILNADU SDL 2030 1,000.00 54 7.52% TAMILNADU SDL 2027 1,875.00 113 7.02% TAMILNADU SDL 2030 1,000.00 55 7.23% TAMILNADU SDL 2027 1,875.00 114 7.03% TAMILNADU SDL 2030 1,000.00 56 7.24% TAMILNADU SDL 2027 1,875.00 115 7.08% TAMILNADU SGS 2030 1,000.00 57 7.27% TAMILNADU SDL 2027 2,000.00 116 7.12% TAMILNADU SDL 2030 1,000.00 58 7.18% TAMILNADU SDL 2027 10,000.00 117 7.09% TAMILNADU SDL 2030 1,000.00 59 7.21% TAMILNADU SDL 2027 1,500.00 118 7.04% TAMILNADU SGS 2030 1,000.00 60 8.61% TAMILNADU SDL 2027 1,169.95 119 7.13% TAMILNADU SDL 2030 2,000.00 61 6.72% TAMILNADU SDL 2027 1,000.00 120 7.17% TAMILNADU SDL 2030 1,000.00 62 7.2% TAMILNADU SDL 2027 500.00 121 7.75% TAMILNADU SDL 2030 3,000.00 63 7.15% TAMILNADU SDL 2027 2,000.00 122 6.73% TAMILNADU SDL 2030 4,477.00 64 7.65% TAMILNADU SDL 2027 10,340.37 123 6.6% TAMILNADU SDL 2030 1,250.00 65 7.69% TAMILNADU SDL 2027 1,000.00 124 6.55% TAMILNADU SDL 2030 1,250.00 66 8.05% TAMILNADU SDL 2028 2,000.00 125 6.41% TAMILNADU SDL 2030 2,500.00 67 8.28% TAMILNADU SDL 2028 2,000.00 126 6.33% TAMILNADU SDL 2030 9,500.00 68 8.34% TAMILNADU SDL 2028 1,500.00 127 7.24% TAMILNADU SGS 2030 1,000.00 69 8.43% TAMILNADU SDL 2028 1,500.00 128 6.5% TAMILNADU SDL 2030 1,250.00 70 8.28% TAMILNADU SDL 2028 1,000.00 129 8.46% TAMILNADU SDL 2030 1,500.00 71 8.05% TAMILNADU SDL 2028 8,000.00 130 6.66% TAMILNADU SDL 2030 3,750.00 72 8.24% TAMILNADU SDL 2028 1,000.00 131 7.09% TAMILNADU SGS 2030 1,000.00 73 8.06% TAMILNADU SDL 2028 3,000.00 132 6.69% TAMILNADU SDL 2030 1,000.00 74 8.15% TAMILNADU SDL 2028 5,750.00 133 7.68% TAMILNADU SGS 2030 1,000.00 75 8.37% TAMILNADU SDL 2028 500.00 134 7.68% TAMILNADU SGS 2030 1,000.00 76 8.32% TAMILNADU SDL 2028 670.00 135 7.65% TAMILNADU SGS 2030 1,000.00 77 6.89% TAMILNADU SGS 2028 1,000.00 136 7.19% TAMILNADU SDL 2030 2,000.00 78 6.87% TAMILNADU SGS 2028 1,000.00 137 7.68% TAMILNADU SGS 2030 2,000.00 79 8.68% TAMILNADU SDL 2028 1,000.00 138 7.67% TAMILNADU SGS 2030 2,000.00 80 7.22% TAMILNADU SDL 2028 2,000.00 139 6.53% TAMILNADU SDL 2031 6,000.00 81 8.56% TAMILNADU SDL 2028 500.00 140 6.57% TAMILNADU SDL 2031 4,500.00 82 8.53% TAMILNADU SDL 2028 2,000.00 141 7.6% TAMILNADU SGS 2031 1,000.00 83 6.96% TAMILNADU SGS 2028 1,000.00 142 6.95% TAMILNADU SDL 2031 5,000.00 84 8.37% TAMILNADU SDL 2028 DEC 1,000.00 143 6.99% TAMILNADU SGS 2031 1,000.00 85 8.36% TAMILNADU SDL 2028 1,000.00 144 7.5% TAMILNADU SGS 2031 2,000.00 86 6.97% TAMILNADU SGS 2028 1,000.00 145 6.77% TAMILNADU SDL 2031 1,500.00 87 8.18% TAMILNADU SDL 2028 3,800.00 146 7.59% TAMILNADU SDL 2031 4,000.00 88 8.08% TAMILNADU SDL 2028 9,750.00 147 6.83% TAMILNADU SDL 2031 2,000.00 89 8.25% TAMILNADU SDL 2029 641.00 148 6.95% TAMILNADU SDL 2031 2,000.00 90 8.37% TAMILNADU SDL 2029 1,294.50 149 6.98% TAMILNADU SDL 2031 3,000.00 91 7.0% TAMILNADU SGS 2029 2,000.00 150 6.97% TAMILNADU SDL 2031 1,000.00 92 8.16% TAMILNADU SDL 2029 4,000.00 151 6.97% TAMILNADU SDL 2031 2,000.00 93 7.5% TAMILNADU SDL 2029 2,000.00 152 6.98% TAMILNADU SDL 2031 2,000.00 94 7.34% TAMILNADU SGS 2029 1,000.00 153 7.0% TAMILNADU SDL 2031 2,000.00 95 6.6% TAMILNADU SDL 2029 2,250.00 154 6.97% TAMILNADU SDL 2031 1,000.00 96 7.28% TAMILNADU SDL 2029 2,000.00 155 6.95% TAMILNADU SDL 2031 1,000.00 97 7.65% TAMILNADU SDL 2029 1,000.00 156 6.76% TAMILNADU SDL 2031 1,000.00 98 7.64% TAMILNADU SDL 2029 1,500.00 157 6.9% TAMILNADU SDL 2031 1,000.00 99 7.11% TAMILNADU SDL 2029 5,000.00 158 6.97% TAMILNADU SDL 2031 2,000.00 100 7.06% TAMILNADU SGS 2029 1,000.00 159 6.96% TAMILNADU SDL 2031 1,000.00 144Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 160 7.2% TAMILNADU SDL 2031 2,000.00 219 7.49% TAMILNADU SGS 2034 2,000.00 161 6.83% TAMILNADU SDL 2031 3,000.00 220 7.43% TAMILNADU SGS 2034 2,000.00 162 7.02% TAMILNADU SDL 2031 1,000.00 221 7.38% TAMILNADU SGS 2034 2,000.00 163 7.24% TAMILNADU SDL 2032 1,000.00 222 7.44% TAMILNADU SGS 2034 2,000.00 164 7.1% TAMILNADU SDL 2032 1,000.00 223 7.35% TAMILNADU SGS 2034 2,000.00 165 7.14% TAMILNADU SDL 2032 1,000.00 224 7.34% TAMILNADU SGS 2034 2,000.00 166 7.25% TAMILNADU SDL 2032 1,000.00 225 7.23% TAMILNADU SGS 2034 2,000.00 167 7.19% TAMILNADU SDL 2032 2,000.00 226 7.21% TAMILNADU SGS 2034 1,000.00 168 7.23% TAMILNADU SDL 2032 1,000.00 227 7.19% TAMILNADU SGS 2034 1,000.00 169 7.3% TAMILNADU SDL 2032 2,600.00 228 7.1% TAMILNADU SGS 2034 2,000.00 170 7.8% TAMILNADU SDL 2032 2,000.00 229 7.3% TAMILNADU SDL 2034 1,500.00 171 7.43% TAMILNADU SGS 2032 1,000.00 230 7.12% TAMILNADU SGS 2034 1,000.00 172 7.39% TAMILNADU SGS 2032 2,000.00 231 7.13% TAMILNADU SGS 2034 2,000.00 173 7.94% TAMILNADU SDL 2032 1,000.00 232 7.12% TAMILNADU SGS 2034 1,000.00 174 7.33% TAMILNADU SGS 2032 1,000.00 233 7.11% TAMILNADU SGS 2034 2,000.00 175 7.8% TAMILNADU SDL 2032 2,500.00 234 7.14% TAMILNADU SGS 2034 1,000.00 176 7.27% TAMILNADU SGS 2032 1,000.00 235 7.08% TAMILNADU SGS 2034 1,000.00 177 7.64% TAMILNADU SDL 2032 2,000.00 236 7.1% TAMILNADU SGS 2034 2,000.00 178 7.75% TAMILNADU SDL 2032 2,000.00 237 7.11% TAMILNADU SGS 2034 1,000.00 179 7.6% TAMILNADU SGS 2032 2,000.00 238 7.19% TAMILNADU SDL 2035 2,000.00 180 7.61% TAMILNADU SGS 2032 2,000.00 239 7.22% TAMILNADU SGS 2035 1,000.00 181 7.19% TAMILNADU SGS 2032 2,000.00 240 7.15% TAMILNADU SGS 2035 1,000.00 182 7.21% TAMILNADU SGS 2032 1,000.00 241 7.09% TAMILNADU SGS 2035 2,000.00 183 7.79% TAMILNADU SGS 2032 2,000.00 242 7.18% TAMILNADU SGS 2035 1,000.00 184 7.82% TAMILNADU SGS 2032 2,000.00 243 7.01% TAMILNADU SGS 2035 2,000.00 185 7.1% TAMILNADU SGS 2032 2,025.00 244 6.63% TAMILNADU SDL 2035 6,000.00 186 7.61% TAMILNADU SGS 2032 2,000.00 245 7.18% TAMILNADU SGS 2036 1,000.00 187 7.62% TAMILNADU SGS 2033 3,000.00 246 7.39% TAMILNADU SDL 2037 6,075.00 188 7.57% TAMILNADU SGS 2033 1,000.00 247 7.69% TAMILNADU SGS 2037 2,000.00 189 7.65% TAMILNADU SGS 2033 3,000.00 248 8.5% TAMILNADU SDL 2038 750.00 190 7.17% TAMILNADU SGS 2033 2,000.00 249 7.07% TAMILNADU SDL 2038 2,000.00 191 7.22% TAMILNADU SGS 2033 1,000.00 250 6.97% TAMILNADU SDL 2039 8,415.00 192 7.15% TAMILNADU SGS 2033 2,000.00 251 6.73% TAMILNADU SDL 2040 4,000.00 193 7.44% TAMILNADU SGS 2033 2,000.00 252 6.99% TAMILNADU SDL 2041 4,500.00 194 7.39% TAMILNADU SGS 2033 2,000.00 253 7.19% TAMILNADU SDL 2042 2,000.00 195 7.33% TAMILNADU SGS 2033 2,000.00 254 7.4% TAMILNADU SDL 2042 1,000.00 196 7.32% TAMILNADU SGS 2033 3,000.00 255 7.39% TAMILNADU SDL 2042 2,000.00 197 7.38% TAMILNADU SGS 2033 2,000.00 256 7.99% TAMILNADU SDL 2042 2,000.00 198 7.35% TAMILNADU SGS 2033 2,000.00 257 7.93% TAMILNADU SDL 2042 1,000.00 199 7.39% TAMILNADU SGS 2033 2,000.00 258 7.7% TAMILNADU SGS 2042 2,000.00 200 7.44% TAMILNADU SGS 2033 2,000.00 259 7.83% TAMILNADU SGS 2042 2,000.00 201 7.42% TAMILNADU SGS 2033 3,000.00 260 7.8% TAMILNADU SGS 2042 2,000.00 202 7.87% TAMILNADU SDL 2033 2,000.00 261 7.62% TAMILNADU SGS 2043 3,000.00 203 7.35% TAMILNADU SGS 2033 3,000.00 262 7.69% TAMILNADU SGS 2043 2,000.00 204 7.39% TAMILNADU SGS 2033 2,000.00 263 7.35% TAMILNADU SGS 2043 2,000.00 205 7.44% TAMILNADU SGS 2033 1,000.00 264 7.34% TAMILNADU SGS 2043 2,000.00 206 7.43% TAMILNADU SGS 2033 1,000.00 265 7.42% TAMILNADU SGS 2043 2,000.00 207 7.52% TAMILNADU SGS 2033 1,000.00 266 7.45% TAMILNADU SGS 2043 2,000.00 208 7.65% TAMILNADU SGS 2033 2,000.00 267 7.36% TAMILNADU SGS 2043 3,000.00 209 7.72% TAMILNADU SGS 2033 2,000.00 268 7.43% TAMILNADU SGS 2043 2,000.00 210 7.66% TAMILNADU SGS 2033 3,000.00 269 7.66% TAMILNADU SGS 2043 2,000.00 211 7.72% TAMILNADU SGS 2034 2,000.00 270 7.59% TAMILNADU SGS 2044 1,000.74 212 7.62% TAMILNADU SGS 2034 1,000.00 271 7.44% TAMILNADU SGS 2044 2,000.00 213 7.44% TAMILNADU SGS 2034 2,000.00 272 7.49% TAMILNADU SGS 2044 1,000.00 214 7.42% TAMILNADU SGS 2034 2,000.00 273 7.14% TAMILNADU SGS 2044 1,000.00 215 7.4% TAMILNADU SGS 2034 2,000.00 274 7.11% TAMILNADU SGS 2045 2,000.00 216 7.44% TAMILNADU SGS 2034 2,000.00 275 7.17% TAMILNADU SGS 2045 1,000.00 217 7.43% TAMILNADU SGS 2034 2,000.00 276 7.18% TAMILNADU SGS 2045 1,000.00 218 7.42% TAMILNADU SGS 2034 1,000.00 277 6.97% TAMILNADU SDL 2046 2,500.00 145State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 278 7.03% TAMILNADU SDL 2046 1,500.00 337 6.63% TAMILNADU SDL 2055 5,750.00 279 6.92% TAMILNADU SDL 2046 4,000.00 338 6.96% TAMILNADU SDL 2056 4,500.00 280 7.13% TAMILNADU SDL 2047 4,000.00 339 7.33% TAMILNADU SDL 2057 1,000.00 281 7.43% TAMILNADU SDL 2047 1,000.00 Total [A] 688,793.67 282 7.63% TAMILNADU SGS 2047 2,000.00 Special Securities 283 6.94% TAMILNADU SDL 2050 3,175.00 1 7.68% TAMILNADU UDAY BOND 2026 750.00 284 6.74% TAMILNADU SDL 2050 1,250.00 2 7.69% TAMILNADU UDAY BOND 2026 25.00 285 6.69% TAMILNADU SDL 2050 1,250.00 3 7.70% TAMILNADU UDAY BOND 2026 40.00 286 6.7% TAMILNADU SDL 2050 1,250.00 4 7.71% TAMILNADU UDAY BOND 2026 45.00 287 6.49% TAMILNADU SDL 2050 6,500.00 5 7.72% TAMILNADU UDAY BOND 2026 100.50 288 6.67% TAMILNADU SDL 2050 3,250.00 6 7.73% TAMILNADU UDAY BOND 2026 50.00 289 6.85% TAMILNADU SDL 2051 2,500.00 7 7.74% TAMILNADU UDAY BOND 2026 110.00 290 6.96% TAMILNADU SDL 2051 3,500.00 8 7.75% TAMILNADU UDAY BOND 2026 75.00 291 7.03% TAMILNADU SDL 2051 6,000.00 9 7.76% TAMILNADU UDAY BOND 2026 25.00 292 7.24% TAMILNADU SDL 2051 1,000.00 10 7.77% TAMILNADU UDAY BOND 2026 115.00 293 7.33% TAMILNADU SDL 2052 3,000.00 11 7.78% TAMILNADU UDAY BOND 2026 64.50 294 7.33% TAMILNADU SDL 2052 6,000.00 12 7.68% TAMILNADU UDAY BOND 2026 881.50 295 7.39% TAMILNADU SDL 2052 1,000.00 13 7.68% TAMILNADU UDAY BOND 2027 750.00 296 7.84% TAMILNADU SDL 2052 1,000.00 14 7.69% TAMILNADU UDAY BOND 2027 25.00 297 7.81% TAMILNADU SDL 2052 2,000.00 15 7.70% TAMILNADU UDAY BOND 2027 40.00 298 7.65% TAMILNADU SGS 2053 2,000.00 16 7.71% TAMILNADU UDAY BOND 2027 45.00 299 7.55% TAMILNADU SGS 2053 3,000.00 17 7.72% TAMILNADU UDAY BOND 2027 100.50 300 7.53% TAMILNADU SGS 2053 2,000.00 18 7.73% TAMILNADU UDAY BOND 2027 50.00 301 7.56% TAMILNADU SGS 2053 3,000.00 19 7.74% TAMILNADU UDAY BOND 2027 110.00 302 7.57% TAMILNADU SGS 2053 3,000.00 20 7.75% TAMILNADU UDAY BOND 2027 75.00 303 7.67% TAMILNADU SGS 2053 3,000.00 21 7.76% TAMILNADU UDAY BOND 2027 25.00 304 7.76% TAMILNADU SGS 2053 2,000.00 22 7.77% TAMILNADU UDAY BOND 2027 115.00 305 7.32% TAMILNADU SGS 2053 2,000.00 23 7.78% TAMILNADU UDAY BOND 2027 64.50 306 7.29% TAMILNADU SGS 2053 2,000.00 24 7.90% TAMILNADU UDAY BOND 2027 881.50 307 7.39% TAMILNADU SGS 2053 2,000.00 25 7.68% TAMILNADU UDAY BOND 2028 750.00 308 7.43% TAMILNADU SGS 2053 2,000.00 26 7.69% TAMILNADU UDAY BOND 2028 25.00 309 7.43% TAMILNADU SGS 2053 3,000.00 27 7.70% TAMILNADU UDAY BOND 2028 40.00 310 7.62% TAMILNADU SGS 2053 2,000.00 28 7.71% TAMILNADU UDAY BOND 2028 45.00 311 7.56% TAMILNADU SGS 2053 3,000.00 29 7.72% TAMILNADU UDAY BOND 2028 100.50 312 7.56% TAMILNADU SGS 2054 2,000.00 30 7.73% TAMILNADU UDAY BOND 2028 50.00 313 7.58% TAMILNADU SGS 2054 2,000.00 31 7.74% TAMILNADU UDAY BOND 2028 110.00 314 7.55% TAMILNADU SGS 2054 1,000.00 32 7.75% TAMILNADU UDAY BOND 2028 75.00 315 7.38% TAMILNADU SGS 2054 2,000.00 33 7.76% TAMILNADU UDAY BOND 2028 25.00 316 7.36% TAMILNADU SGS 2054 2,000.00 34 7.77% TAMILNADU UDAY BOND 2028 115.00 317 7.4% TAMILNADU SGS 2054 2,000.00 35 7.78% TAMILNADU UDAY BOND 2028 64.50 318 7.5% TAMILNADU SGS 2054 4,000.00 36 8.24% TAMILNADU UDAY BOND 2028 881.50 319 7.27% TAMILNADU SGS 2054 3,000.00 37 7.68% TAMILNADU UDAY BOND 2029 750.00 320 7.31% TAMILNADU SGS 2054 2,000.00 38 7.69% TAMILNADU UDAY BOND 2029 25.00 321 7.29% TAMILNADU SGS 2054 3,000.00 39 7.70% TAMILNADU UDAY BOND 2029 40.00 322 7.22% TAMILNADU SGS 2054 3,000.00 40 7.71% TAMILNADU UDAY BOND 2029 45.00 323 7.22% TAMILNADU SGS 2054 3,000.00 41 7.72% TAMILNADU UDAY BOND 2029 100.50 324 7.16% TAMILNADU SGS 2054 2,000.00 42 7.73% TAMILNADU UDAY BOND 2029 50.00 325 7.16% TAMILNADU SGS 2054 1,000.00 43 7.74% TAMILNADU UDAY BOND 2029 110.00 326 7.33% TAMILNADU SDL 2054 2,000.00 44 7.75% TAMILNADU UDAY BOND 2029 75.00 327 7.1% TAMILNADU SGS 2054 3,000.00 45 7.76% TAMILNADU UDAY BOND 2029 25.00 328 7.11% TAMILNADU SGS 2055 2,000.00 46 7.77% TAMILNADU UDAY BOND 2029 115.00 329 7.12% TAMILNADU SGS 2055 4,000.00 47 7.78% TAMILNADU UDAY BOND 2029 64.50 330 7.18% TAMILNADU SGS 2055 2,000.00 48 8.04% TAMILNADU UDAY BOND 2029 881.50 331 7.18% TAMILNADU SGS 2055 3,000.00 49 7.68% TAMILNADU UDAY BOND 2030 750.00 332 7.2% TAMILNADU SGS 2055 3,000.00 50 7.69% TAMILNADU UDAY BOND 2030 25.00 333 7.26% TAMILNADU SGS 2055 1,000.00 51 7.70% TAMILNADU UDAY BOND 2030 40.00 334 7.23% TAMILNADU SGS 2055 1,000.00 52 7.71% TAMILNADU UDAY BOND 2030 45.00 335 7.18% TAMILNADU SGS 2055 1,000.00 53 7.72% TAMILNADU UDAY BOND 2030 100.50 336 6.68% TAMILNADU SDL 2055 1,250.00 54 7.73% TAMILNADU UDAY BOND 2030 50.00 146Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 55 7.74% TAMILNADU UDAY BOND 2030 110.00 9 8.24% TELANGANA SDL 2025 1,200.00 56 7.75% TAMILNADU UDAY BOND 2030 75.00 10 7.98% TELANGANA SDL 2025 1,201.80 57 7.76% TAMILNADU UDAY BOND 2030 25.00 11 8.18% TELANGANA SDL 2025 1,000.00 58 7.77% TAMILNADU UDAY BOND 2030 115.00 12 8.19% TELANGANA SDL 2025 500.00 59 7.78% TAMILNADU UDAY BOND 2030 64.50 13 8.27% TELANGANA SDL 2025 500.00 60 8.01% TAMILNADU UDAY BOND 2030 881.50 14 8.31% TELANGANA SDL 2026 1,000.00 61 7.68% TAMILNADU UDAY BOND 2031 750.00 15 8.52% TELANGANA SDL 2026 1,000.00 62 7.69% TAMILNADU UDAY BOND 2031 25.00 16 8.53% TELANGANA SDL 2026 500.00 63 7.70% TAMILNADU UDAY BOND 2031 40.00 17 8.0% TELANGANA SDL 2026 1,000.00 64 7.71% TAMILNADU UDAY BOND 2031 45.00 18 6.72% TELANGANA SDL 2026 1,000.00 65 7.72% TAMILNADU UDAY BOND 2031 100.50 19 7.98% TELANGANA SDL 2026 1,500.00 66 7.73% TAMILNADU UDAY BOND 2031 50.00 20 8.02% TELANGANA SDL 2026 1,500.00 67 7.74% TAMILNADU UDAY BOND 2031 110.00 21 8.02% TELANGANA SDL 2026 500.00 68 7.75% TAMILNADU UDAY BOND 2031 75.00 22 6.24% TELANGANA SDL 2026 1,000.00 69 7.76% TAMILNADU UDAY BOND 2031 25.00 23 7.97% TELANGANA SDL 2026 1,500.00 70 7.77% TAMILNADU UDAY BOND 2031 115.00 24 7.85% TELANGANA SDL 2026 1,000.00 71 7.78% TAMILNADU UDAY BOND 2031 64.50 25 7.69% TELANGANA SDL 2026 500.00 72 8.05% TAMILNADU UDAY BOND 2031 881.50 26 7.62% TELANGANA SDL 2026 1,500.00 73 7.68% TAMILNADU UDAY BOND 2032 750.00 27 7.39% TELANGANA SDL 2026 2,000.00 74 7.69% TAMILNADU UDAY BOND 2032 25.00 28 7.16% TELANGANA SDL 2026 1,500.00 75 7.70% TAMILNADU UDAY BOND 2032 40.00 29 7.4% TELANGANA SDL 2026 3,000.00 76 7.71% TAMILNADU UDAY BOND 2032 45.00 30 7.79% TELANGANA SDL 2027 1,000.00 77 7.72% TAMILNADU UDAY BOND 2032 100.50 31 7.78% TELANGANA SDL 2027 2,500.00 78 7.73% TAMILNADU UDAY BOND 2032 50.00 32 7.61% TELANGANA SDL 2027 1,500.00 79 7.74% TAMILNADU UDAY BOND 2032 110.00 33 7.38% TELANGANA SDL 2027 1,800.00 80 7.75% TAMILNADU UDAY BOND 2032 75.00 34 7.28% TELANGANA SDL 2027 1,000.00 81 7.76% TAMILNADU UDAY BOND 2032 25.00 35 7.05% TELANGANA SDL 2027 2,000.00 82 7.77% TAMILNADU UDAY BOND 2032 115.00 36 7.03% TELANGANA SDL 2027 2,785.98 83 7.78% TAMILNADU UDAY BOND 2032 64.49 37 7.03% TELANGANA SDL 2027 2,000.00 84 7.92% TAMILNADU UDAY BOND 2032 881.50 38 7.11% TELANGANA SDL 2027 2,500.00 Total [B] 15,970.50 39 7.38% TELANGANA SDL 2027 1,500.00 Total [A+B] 704,764.16 40 7.25% TELANGANA SDL 2028 750.00 Loans not bearing interest 41 7.5% TELANGANA SDL 2028 1,000.00 1 9.45% TAMILNADU SDL 2011 0.06 42 6.98% TELANGANA SDL 2028 1,000.00 2 12.00% TAMIL NADU SDL 2010 0.00 43 6.99% TELANGANA SDL 2028 2,461.20 3 12.50% TAMILNADU SDL 2008 0.00 44 7.55% TELANGANA SGS 2030 500.00 4 12.15% TAMILNADU SDL 2008 0.00 45 7.44% TELANGANA SGS 2030 1,000.00 5 12.30% TAMILNADU LOAN 2007 0.07 46 7.99% TELANGANA SDL 2030 1,125.05 6 13.05% TAMILNADU LOAN 2007 0.02 47 7.35% TELANGANA SDL 2030 823.97 7 13.85% TAMILNADU SDL 2006 0.02 48 7.65% TELANGANA SDL 2030 1,000.00 8 14.00% TAMILNADU S.D.L. 2005 0.12 49 6.6% TELANGANA SDL 2030 2,000.00 9 13.00% TAMILNADU 2007 0.01 50 7.45% TELANGANA SGS 2030 1,000.00 10 12.00% TAMIL NADU 2011 0.08 51 7.45% TELANGANA SGS 2030 1,000.00 11 11.50% TAMIL NADU 2011 0.03 52 7.46% TELANGANA SGS 2030 500.00 12 11.50% TAMIL NADU 2010 0.09 53 7.57% TELANGANA SGS 2031 500.00 13 11.50% TAMIL NADU 2009 0.01 54 8.14% TELANGANA SDL 2031 1,500.00 14 11.50% TAMIL NADU 2008 0.12 55 7.47% TELANGANA SGS 2031 1,000.00 Total [C] 0.63 56 7.15% TELANGANA SDL 2031 961.00 Total [A+B+C] 704,764.80 57 7.18% TELANGANA SDL 2032 1,500.00 TELANGANA 58 7.61% TELANGANA SGS 2032 500.00 Loans Bearing Interest 59 7.65% TELANGANA SDL 2032 1,200.00 1 8.1% TELANGANA SDL 2025 1,000.00 60 7.69% TELANGANA SGS 2032 650.00 2 6.17% TELANGANA SDL 2025 1,000.00 61 7.22% TELANGANA SDL 2032 2,000.00 3 8.33% TELANGANA SDL 2025 1,348.20 62 7.47% TELANGANA SGS 2032 1,000.00 4 5.9% TELANGANA SDL 2025 1,000.00 63 7.32% TELANGANA SDL 2032 1,000.00 5 8.28% TELANGANA SDL 2025 1,300.00 64 7.49% TELANGANA SDL 2032 1,100.00 6 8.35% TELANGANA SDL 2025 1,500.00 65 7.55% TELANGANA SGS 2032 1,000.00 7 8.31% TELANGANA SDL 2025 1,000.00 66 7.04% TELANGANA SDL 2032 2,000.00 8 8.26% TELANGANA SDL 2025 800.00 67 7.79% TELANGANA SDL 2032 800.00 147State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 68 7.18% TELANGANA SDL 2033 1,187.00 127 7.83% TELANGANA SDL 2038 1,600.00 69 7.64% TELANGANA SGS 2033 500.00 128 8.16% TELANGANA SDL 2038 1,200.00 70 7.43% TELANGANA SGS 2033 1,000.00 129 8.22% TELANGANA SDL 2038 1,200.00 71 7.14% TELANGANA SDL 2033 2,000.00 130 8.15% TELANGANA SDL 2038 2,000.00 72 7.34% TELANGANA SDL 2034 2,000.00 131 8.22% TELANGANA SDL 2038 500.00 73 7.13% TELANGANA SDL 2034 1,000.00 132 7.35% TELANGANA SGS 2038 1,000.00 74 7.73% TELANGANA SGS 2034 500.00 133 8.5% TELANGANA SDL 2038 1,250.00 75 7.78% TELANGANA SGS 2034 1,500.00 134 7.28% TELANGANA SGS 2038 1,000.00 76 7.93% TELANGANA SDL 2034 1,000.00 135 8.51% TELANGANA SDL 2038 500.00 77 7.89% TELANGANA SDL 2034 1,000.00 136 7.25% TELANGANA SGS 2038 1,500.00 78 7.09% TELANGANA SDL 2034 2,000.00 137 7.22% TELANGANA SGS 2038 1,500.00 79 7.84% TELANGANA SGS 2034 1,000.00 138 8.6% TELANGANA SDL 2038 1,000.00 80 7.66% TELANGANA SGS 2034 1,000.00 139 8.48% TELANGANA SDL 2038 1,000.00 81 7.28% TELANGANA SDL 2035 3,000.00 140 7.7% TELANGANA SGS 2038 500.00 82 7.49% TELANGANA SGS 2035 1,000.00 141 8.25% TELANGANA SDL 2039 2,000.00 83 7.34% TELANGANA SDL 2035 1,000.00 142 8.52% TELANGANA SDL 2039 750.00 84 7.99% TELANGANA SDL 2035 235.00 143 7.39% TELANGANA SGS 2039 1,500.00 85 8.02% TELANGANA SDL 2035 4,000.00 144 7.44% TELANGANA SGS 2039 1,000.00 86 7.93% TELANGANA SDL 2035 1,000.00 145 7.44% TELANGANA SGS 2039 1,000.00 87 7.95% TELANGANA SDL 2035 1,000.00 146 7.12% TELANGANA SGS 2039 1,500.00 88 7.26% TELANGANA SGS 2035 1,000.00 147 7.65% TELANGANA SGS 2039 500.00 89 7.05% TELANGANA SDL 2035 1,000.00 148 7.84% TELANGANA SGS 2039 750.00 90 7.83% TELANGANA SGS 2035 1,000.00 149 7.13% TELANGANA SGS 2039 1,000.00 91 7.72% TELANGANA SGS 2035 500.00 150 7.59% TELANGANA SGS 2040 500.00 92 7.74% TELANGANA SGS 2035 500.00 151 7.59% TELANGANA SGS 2040 500.00 93 7.67% TELANGANA SGS 2035 1,000.00 152 7.44% TELANGANA SGS 2040 1,000.00 94 7.63% TELANGANA SGS 2036 1,000.00 153 7.33% TELANGANA SGS 2040 1,000.00 95 7.37% TELANGANA SDL 2036 2,000.00 154 7.35% TELANGANA SGS 2040 1,000.00 96 7.36% TELANGANA SDL 2036 1,029.00 155 7.45% TELANGANA SGS 2040 1,000.00 97 7.44% TELANGANA SGS 2036 1,000.00 156 7.29% TELANGANA SGS 2040 1,000.00 98 7.47% TELANGANA SGS 2036 1,000.00 157 6.84% TELANGANA SDL 2040 1,500.00 99 7.35% TELANGANA SGS 2036 1,000.00 158 7.56% TELANGANA SGS 2040 500.00 100 7.94% TELANGANA SDL 2036 1,000.00 159 7.09% TELANGANA SDL 2040 1,500.00 101 7.32% TELANGANA SGS 2036 1,000.00 160 7.84% TELANGANA SGS 2040 750.00 102 7.84% TELANGANA SDL 2036 2,500.00 161 7.73% TELANGANA SGS 2040 1,000.00 103 7.0% TELANGANA SDL 2036 1,500.00 162 6.71% TELANGANA SDL 2040 1,000.00 104 7.13% TELANGANA SGS 2036 500.00 163 6.69% TELANGANA SDL 2040 2,000.00 105 7.83% TELANGANA SGS 2036 500.00 164 6.65% TELANGANA SDL 2040 1,000.00 106 7.89% TELANGANA SGS 2036 500.00 165 6.62% TELANGANA SDL 2041 1,000.00 107 7.72% TELANGANA SGS 2036 500.00 166 6.86% TELANGANA SDL 2041 1,000.00 108 7.59% TELANGANA SGS 2037 1,000.00 167 7.25% TELANGANA SDL 2041 1,200.00 109 7.13% TELANGANA SDL 2037 1,000.00 168 7.37% TELANGANA SGS 2041 1,000.00 110 7.95% TELANGANA SDL 2037 1,000.00 169 7.42% TELANGANA SGS 2041 1,000.00 111 7.66% TELANGANA SDL 2037 700.00 170 7.43% TELANGANA SGS 2041 1,000.00 112 7.7% TELANGANA SDL 2037 4,000.00 171 7.44% TELANGANA SGS 2041 1,000.00 113 7.58% TELANGANA SDL 2037 1,200.00 172 6.98% TELANGANA SDL 2041 2,000.00 114 7.16% TELANGANA SDL 2037 1,800.00 173 7.05% TELANGANA SDL 2041 1,000.00 115 7.36% TELANGANA SGS 2037 1,000.00 174 7.36% TELANGANA SGS 2041 1,500.00 116 7.34% TELANGANA SGS 2037 1,000.00 175 7.06% TELANGANA SDL 2041 1,000.00 117 7.24% TELANGANA SDL 2037 1,000.00 176 7.47% TELANGANA SGS 2041 1,000.00 118 7.23% TELANGANA SDL 2037 1,000.00 177 7.17% TELANGANA SDL 2041 1,000.00 119 7.95% TELANGANA SDL 2037 1,000.00 178 7.14% TELANGANA SDL 2041 1,500.00 120 7.52% TELANGANA SDL 2037 1,000.00 179 7.43% TELANGANA SGS 2041 1,000.00 121 6.93% TELANGANA SDL 2037 1,000.00 180 7.58% TELANGANA SGS 2041 900.00 122 7.67% TELANGANA SDL 2037 1,000.00 181 7.68% TELANGANA SGS 2042 500.00 123 7.75% TELANGANA SGS 2037 500.00 182 7.48% TELANGANA SGS 2042 1,500.00 124 7.7% TELANGANA SDL 2037 1,000.00 183 7.31% TELANGANA SGS 2042 1,000.00 125 7.68% TELANGANA SGS 2037 1,000.00 184 7.37% TELANGANA SGS 2042 1,000.00 126 7.68% TELANGANA SDL 2037 1,200.00 185 7.33% TELANGANA SGS 2042 1,000.00 148Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 186 7.29% TELANGANA SGS 2042 1,000.00 245 7.53% TELANGANA SGS 2047 500.00 187 7.46% TELANGANA SGS 2042 1,000.00 246 7.1% TELANGANA SGS 2047 1,000.00 188 7.14% TELANGANA SGS 2042 500.00 247 7.56% TELANGANA SGS 2048 1,000.00 189 7.08% TELANGANA SDL 2042 2,000.00 248 7.74% TELANGANA SGS 2048 1,000.00 190 7.6% TELANGANA SGS 2043 1,000.00 249 7.46% TELANGANA SGS 2048 1,000.00 191 8.0% TELANGANA SDL 2043 600.00 250 7.42% TELANGANA SGS 2048 1,000.00 192 8.24% TELANGANA SDL 2043 800.00 251 7.32% TELANGANA SGS 2048 2,000.00 193 7.38% TELANGANA SGS 2043 1,000.00 252 7.46% TELANGANA SGS 2048 500.00 194 8.1% TELANGANA SDL 2043 1,100.00 253 7.13% TELANGANA SGS 2049 1,000.00 195 7.75% TELANGANA SDL 2043 2,000.00 254 7.08% TELANGANA SGS 2049 1,000.00 196 8.05% TELANGANA SDL 2043 2,000.00 255 7.18% TELANGANA SGS 2049 1,000.00 197 7.43% TELANGANA SGS 2043 1,000.00 256 7.27% TELANGANA SGS 2049 1,000.00 198 8.28% TELANGANA SDL 2043 1,000.00 257 7.38% TELANGANA SGS 2049 1,000.00 199 7.91% TELANGANA SDL 2043 1,000.00 258 7.23% TELANGANA SGS 2049 1,000.00 200 8.42% TELANGANA SDL 2043 1,250.00 259 8.38% TELANGANA SDL 2049 1,022.00 201 8.75% TELANGANA SDL 2043 1,968.00 260 7.32% TELANGANA SGS 2049 1,000.00 202 7.4% TELANGANA SGS 2043 1,500.00 261 7.46% TELANGANA SGS 2049 500.00 203 8.56% TELANGANA SDL 2043 2,000.00 262 7.35% TELANGANA SDL 2049 2,000.00 204 8.52% TELANGANA SDL 2043 1,000.00 263 7.16% TELANGANA SGS 2049 500.00 205 6.99% TELANGANA SDL 2043 1,000.00 264 7.1% TELANGANA SGS 2050 800.00 206 7.63% TELANGANA SGS 2043 500.00 265 7.36% TELANGANA SGS 2050 1,000.00 207 8.52% TELANGANA SDL 2043 NOV 1,000.00 266 7.48% TELANGANA SGS 2050 1,718.00 208 8.43% TELANGANA SDL 2043 1,500.00 267 7.43% TELANGANA SGS 2050 1,000.00 209 7.66% TELANGANA SGS 2044 500.00 268 6.64% TELANGANA SDL 2050 2,000.00 210 8.33% TELANGANA SDL 2044 2,000.00 269 6.49% TELANGANA SDL 2050 1,000.00 211 8.42% TELANGANA SDL 2044 1,000.00 270 7.31% TELANGANA SGS 2050 1,000.00 212 7.61% TELANGANA SGS 2044 1,000.00 271 6.52% TELANGANA SDL 2050 1,500.00 213 7.9% TELANGANA SDL 2044 1,000.00 272 6.69% TELANGANA SDL 2050 1,500.00 214 7.34% TELANGANA SGS 2044 1,000.00 273 6.71% TELANGANA SDL 2050 1,500.00 215 7.49% TELANGANA SGS 2044 1,000.00 274 6.94% TELANGANA SDL 2050 1,500.00 216 7.63% TELANGANA SGS 2044 500.00 275 6.94% TELANGANA SDL 2050 1,500.00 217 7.1% TELANGANA SGS 2044 1,000.00 276 6.78% TELANGANA SDL 2050 1,500.00 218 7.46% TELANGANA SGS 2045 1,000.00 277 6.8% TELANGANA SDL 2050 1,000.00 219 7.58% TELANGANA SGS 2045 1,000.00 278 6.8% TELANGANA SDL 2050 1,000.00 220 7.35% TELANGANA SGS 2045 1,000.00 279 6.73% TELANGANA SDL 2050 1,572.80 221 7.4% TELANGANA SGS 2045 1,000.00 280 6.74% TELANGANA SDL 2050 1,000.00 222 7.92% TELANGANA SDL 2045 1,000.00 281 6.67% TELANGANA SDL 2050 2,000.00 223 7.28% TELANGANA SGS 2045 1,000.00 282 7.12% TELANGANA SGS 2051 409.00 224 7.74% TELANGANA SGS 2045 500.00 283 6.64% TELANGANA SDL 2051 1,000.00 225 7.44% TELANGANA SGS 2045 1,000.00 284 6.61% TELANGANA SDL 2051 1,000.00 226 7.11% TELANGANA SGS 2045 1,000.00 285 7.0% TELANGANA SDL 2051 1,000.00 227 7.67% TELANGANA SGS 2045 1,000.00 286 7.2% TELANGANA SDL 2051 1,050.00 228 7.1% TELANGANA SGS 2045 1,000.00 287 7.44% TELANGANA SGS 2051 1,000.00 229 6.96% TELANGANA SDL 2045 1,500.00 288 6.89% TELANGANA SDL 2051 1,500.00 230 7.59% TELANGANA SGS 2046 1,000.00 289 6.96% TELANGANA SDL 2051 1,500.00 231 7.19% TELANGANA SGS 2046 1,000.00 290 7.04% TELANGANA SDL 2051 2,500.00 232 7.44% TELANGANA SGS 2046 1,000.00 291 7.03% TELANGANA SDL 2051 3,000.00 233 7.72% TELANGANA SGS 2046 500.00 292 7.39% TELANGANA SGS 2051 1,000.00 234 7.34% TELANGANA SGS 2046 1,000.00 293 7.18% TELANGANA SDL 2051 1,000.00 235 7.28% TELANGANA SGS 2046 1,000.00 294 7.24% TELANGANA SDL 2051 2,000.00 236 7.74% TELANGANA SGS 2046 500.00 295 7.23% TELANGANA SGS 2052 1,000.00 237 7.25% TELANGANA SGS 2046 1,000.00 296 7.07% TELANGANA SGS 2052 1,000.00 238 7.1% TELANGANA SGS 2046 500.00 297 7.23% TELANGANA SGS 2053 1,000.00 239 7.6% TELANGANA SGS 2047 1,000.00 298 7.44% TELANGANA SGS 2053 500.00 240 7.11% TELANGANA SGS 2047 1,000.00 299 7.12% TELANGANA SGS 2054 1,000.00 241 7.18% TELANGANA SGS 2047 1,000.00 300 7.35% TELANGANA SDL 2054 4,000.00 242 7.27% TELANGANA SGS 2047 1,000.00 301 7.43% TELANGANA SDL 2054 2,000.00 243 7.45% TELANGANA SGS 2047 1,000.00 302 7.11% TELANGANA SGS 2055 1,000.00 244 7.16% TELANGANA SGS 2047 1,000.00 303 7.07% TELANGANA SGS 2055 500.00 149State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 304 7.39% TELANGANA SDL 2059 2,324.00 26 6.65% TRIPURA SDL 2035 600.00 305 7.31% TELANGANA SDL 2060 3,000.00 27 7.34% TRIPURA SDL 2036 142.00 306 6.94% TELANGANA SDL 2060 765.00 28 7.29% TRIPURA SDL 2036 61.00 Total [A] 357,637.00 29 6.99% TRIPURA SDL 2036 300.00 Special Securities Total [A] 9,388.83 1 8.05% TELANGANA UDAY BOND 2025 0.01 UTTAR PRADESH 2 7.62% TELANGANA UDAY BOND 2026 699.00 Loans Bearing Interest 3 7.71% TELANGANA UDAY BOND 2026 193.29 1 8.08% UTTARPRADESH SDL 2025 2,000.00 4 7.81% TELANGANA UDAY BOND 2027 699.00 2 8.09% UTTARPRADESH SDL 2025 2,000.00 5 7.93% TELANGANA UDAY BOND 2027 193.29 3 8.27% UTTARPRADESH SDL 2025 2,000.00 6 8.27% TELANGANA UDAY BOND 2028 699.00 4 8.2% UTTARPRADESH SDL 2025 2,000.00 7 8.27% TELANGANA UDAY BOND 2028 193.29 5 8.31% UTTARPRADESH SDL 2025 2,000.00 8 8.08% TELANGANA UDAY BOND 2029 699.00 6 8.26% UTTARPRADESH SDL 2025 500.00 9 8.07% TELANGANA UDAY BOND 2029 193.29 7 8.29% UTTARPRADESH SDL 2025 500.00 10 7.98% TELANGANA UDAY BOND 2030 699.00 8 8.23% UTTARPRADESH SDL 2025 1,000.00 11 8.04% TELANGANA UDAY BOND 2030 193.29 9 8.17% UTTARPRADESH SDL 2025 1,000.00 12 8.04% TELANGANA UDAY BOND 2031 699.00 10 7.98% UTTARPRADESH SDL 2025 1,500.00 13 8.08% TELANGANA UDAY BOND 2031 193.29 11 7.99% UTTARPRADESH SDL 2025 1,500.00 14 7.96% TELANGANA UDAY BOND 2032 699.00 15 7.95% TELANGANA UDAY BOND 2032 193.29 12 8.15% UTTARPRADESH SDL 2025 1,000.00 Total [B] 6,246.06 13 8.17% UTTARPRADESH SDL 2025 1,000.00 Total [A+B] 363,883.06 14 8.23% UTTARPRADESH SDL 2025 1,500.00 Loans not bearing interest 15 8.34% UTTARPRADESH SDL 2026 2,000.00 1 14.00% A.P. S.D 2005 0.05 16 8.39% UTTARPRADESH SDL 2026 2,000.00 2 13.00% A.P. SDL 2007 0.00 17 8.53% UTTARPRADESH SDL 2026 2,500.00 3 12.00% A.P. SDL 2011 0.00 18 8.83% UTTARPRADESH SDL 2026 2,500.00 4 11.50% A.P. SDL 2011 0.00 19 8.58% UTTARPRADESH SDL 2026 1,500.00 5 11.50% A.P. SDL 2010 0.00 20 8.02% UTTARPRADESH SDL 2026 2,400.00 6 11.50% A.P. SDL 2009 0.01 21 8.03% UTTARPRADESH SDL 2026 3,000.00 7 11.50% A.P. SDL 2008 0.00 22 8.02% UTTARPRADESH SDL 2026 1,500.00 Total [C] 0.07 23 8.08% UTTARPRADESH SDL 2026 1,000.00 Total [A+B+C] 363,883.13 24 7.99% UTTARPRADESH SDL 2026 1,000.00 TRIPURA 25 7.86% UTTARPRADESH SDL 2026 2,000.00 Loans Bearing Interest 26 7.69% UTTARPRADESH SDL 2026 1,000.00 1 8.32% TRIPURA SDL 2025 200.00 27 7.63% UTTARPRADESH SDL 2026 2,000.00 2 8.11% TRIPURA SDL 2025 300.00 3 8.65% TRIPURA SDL 2026 75.00 28 7.58% UTTARPRADESH SDL 2026 2,000.00 4 8.05% TRIPURA SDL 2026 250.00 29 7.39% UTTARPRADESH SDL 2026 2,250.00 5 7.57% TRIPURA SDL 2026 230.00 30 7.19% UTTARPRADESH SDL 2026 2,250.00 6 7.22% TRIPURA SDL 2026 240.00 31 7.16% UTTARPRADESH SDL 2026 2,400.00 7 7.22% TRIPURA SDL 2027 270.00 32 7.24% UTTARPRADESH SDL 2026 1,600.00 8 7.5% TRIPURA SDL 2027 400.00 33 7.41% UTTARPRADESH SDL 2026 2,000.00 9 7.27% TRIPURA SDL 2027 417.00 34 6.85% UTTARPRADESH SDL 2026 2,000.00 10 7.88% TRIPURA SDL 2028 320.00 35 6.87% UTTARPRADESH SDL 2026 1,350.00 11 8.2% TRIPURA SDL 2028 500.00 36 7.17% UTTARPRADESH SDL 2027 2,000.00 12 8.43% TRIPURA SDL 2028 200.00 37 7.2% UTTARPRADESH SDL 2027 2,000.00 13 8.82% TRIPURA SDL 2028 200.00 38 7.62% UTTARPRADESH SDL 2027 2,500.00 14 8.09% TRIPURA SDL 2028 242.83 39 7.78% UTTARPRADESH SDL 2027 1,500.00 15 8.27% TRIPURA SDL 2029 200.00 40 7.87% UTTARPRADESH SDL 2027 1,650.00 16 8.38% TRIPURA SDL 2029 200.00 41 7.64% UTTARPRADESH SDL 2027 1,650.00 17 7.2% TRIPURA SDL 2029 450.00 42 7.67% UTTARPRADESH SDL 2027 4,000.00 18 7.23% TRIPURA SDL 2029 615.00 43 7.61% UTTARPRADESH SDL 2027 2,000.00 19 7.21% TRIPURA SDL 2029 615.00 20 7.17% TRIPURA SDL 2030 400.00 44 7.61% UTTARPRADESH SDL 2027 2,000.00 21 6.98% TRIPURA SDL 2030 470.00 45 7.52% UTTARPRADESH SDL 2027 1,000.00 22 7.5% TRIPURA SDL 2030 378.00 46 7.29% UTTARPRADESH SDL 2027 2,000.00 23 6.7% TRIPURA SDL 2030 400.00 47 7.19% UTTARPRADESH SDL 2027 2,000.00 24 6.55% TRIPURA SDL 2030 300.00 48 7.23% UTTARPRADESH SDL 2027 1,000.00 25 6.81% TRIPURA SDL 2035 413.00 49 7.27% UTTARPRADESH SDL 2027 1,000.00 150Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 50 7.37% UTTARPRADESH SDL 2027 2,500.00 105 6.9% UTTARPRADESH SDL 2030 2,000.00 51 7.47% UTTARPRADESH SDL 2027 2,500.00 106 7.1% UTTARPRADESH SDL 2030 4,000.00 52 7.56% UTTARPRADESH SDL 2027 2,500.00 107 7.93% UTTARPRADESH SDL 2030 5,000.00 53 7.59% UTTARPRADESH SDL 2027 3,000.00 108 7.3% UTTARPRADESH SDL 2030 3,703.00 54 7.7% UTTARPRADESH SDL 2027 1,500.00 109 7.65% UTTARPRADESH SDL 2030 2,000.00 55 7.67% UTTARPRADESH SDL 2027 2,000.00 110 7.0% UTTARPRADESH SDL 2030 1,000.00 56 7.76% UTTARPRADESH SDL 2027 1,000.00 111 6.86% UTTARPRADESH SDL 2030 2,000.00 57 7.85% UTTARPRADESH SDL 2027 2,800.00 112 6.69% UTTARPRADESH SDL 2030 500.00 58 7.92% UTTARPRADESH SDL 2028 3,000.00 113 6.5% UTTAR PRADESH SDL 2030 500.00 59 8.34% UTTARPRADESH SDL 2028 3,000.00 114 6.44% UTTARPRADESH SDL 2030 500.00 60 8.43% UTTARPRADESH SDL 2028 1,400.00 115 6.67% UTTARPRADESH SDL 2030 1,000.00 61 8.27% UTTARPRADESH SDL 2028 1,400.00 116 6.64% UTTARPRADESH SDL 2030 1,000.00 62 8.14% UTTARPRADESH SDL 2028 2,000.00 117 6.68% UTTARPRADESH SDL 2030 1,000.00 63 7.98% UTTARPRADESH SDL 2028 2,500.00 118 6.74% UTTARPRADESH SDL 2030 1,500.00 64 8.39% UTTARPRADESH SDL 2028 2,500.00 119 6.9% UTTARPRADESH SDL 2030 2,500.00 65 8.45% UTTARPRADESH SDL 2028 3,000.00 120 6.91% UTTARPRADESH SDL 2030 1,500.00 66 8.73% UTTARPRADESH SDL 2028 3,000.00 121 6.63% UTTARPRADESH SDL 2030 2,000.00 67 8.71% UTTARPRADESH SDL 2028 2,000.00 122 6.54% UTTARPRADESH SDL 2030 2,000.00 68 8.73% UTTARPRADESH SDL 2028 OCT 2,000.00 123 6.42% UTTARPRADESH SDL 2030 2,500.00 69 8.66% UTTARPRADESH SDL 2028 1,500.00 124 6.59% UTTARPRADESH SDL 2030 1,000.00 70 8.6% UTTARPRADESH SDL 2028 2,000.00 125 6.6% UTTARPRADESH SDL 2030 1,000.00 71 8.19% UTTARPRADESH SDL 2028 1,500.00 126 6.58% UTTARPRADESH SDL 2030 2,000.00 72 8.08% UTTARPRADESH SDL 2028 3,000.00 127 6.56% UTTARPRADESH SDL 2030 1,000.00 73 8.29% UTTARPRADESH SDL 2029 2,000.00 128 6.6% UTTARPRADESH SDL 2030 3,000.00 74 8.22% UTTARPRADESH SDL 2029 3,000.00 129 6.62% UTTARPRADESH SDL 2030 4,000.00 75 8.18% UTTARPRADESH SDL 2029 3,000.00 130 6.6% UTTARPRADESH SDL 2031 3,000.00 76 8.34% UTTARPRADESH SDL 2029 3,000.00 131 6.61% UTTARPRADESH SDL 2031 2,500.00 77 8.32% UTTARPRADESH SDL 2029 3,000.00 132 6.62% UTTARPRADESH SDL 2031 3,000.00 78 8.45% UTTARPRADESH SDL 2029 3,000.00 133 6.64% UTTARPRADESH SDL 2031 3,500.00 79 8.43% UTTARPRADESH SDL 2029 3,000.00 134 6.88% UTTARPRADESH SDL 2031 3,000.00 80 8.39% UTTARPRADESH SDL 2029 3,000.00 135 6.94% UTTARPRADESH SDL 2031 3,000.00 81 7.12% UTTARPRADESH SDL 2029 4,000.00 136 7.08% UTTARPRADESH SDL 2031 4,000.00 82 7.05% UTTARPRADESH SDL 2029 2,000.00 137 7.2% UTTARPRADESH SDL 2031 4,000.00 83 7.17% UTTARPRADESH SDL 2029 2,000.00 138 7.19% UTTARPRADESH SDL 2031 5,000.00 84 7.18% UTTARPRADESH SDL 2029 2,000.00 139 7.17% UTTARPRADESH SDL 2031 5,500.00 85 7.07% UTTARPRADESH SDL 2029 1,000.00 140 7.16% UTTARPRADESH SDL 2031 5,500.00 86 7.14% UTTARPRADESH SDL 2029 2,000.00 141 6.88% UTTARPRADESH SDL 2031 2,500.00 87 7.12% UTTARPRADESH SDL 2029 2,000.00 142 6.94% UTTARPRADESH SDL 2031 2,500.00 88 7.26% UTTARPRADESH SDL 2029 2,000.00 143 6.99% UTTARPRADESH SDL 2031 2,500.00 89 7.2% UTTARPRADESH SDL 2029 3,000.00 144 7.01% UTTARPRADESH SDL 2031 2,500.00 90 7.19% UTTARPRADESH SDL 2029 4,000.00 145 6.99% UTTARPRADESH SDL 2031 2,500.00 91 7.23% UTTARPRADESH SDL 2029 2,000.00 146 7.02% UTTARPRADESH SDL 2031 2,500.00 92 7.28% UTTARPRADESH SDL 2029 1,500.00 147 6.97% UTTARPRADESH SDL 2031 2,500.00 93 7.19% UTTARPRADESH SDL 2029 1,500.00 148 6.98% UTTARPRADESH SDL 2031 2,500.00 94 7.26% UTTARPRADESH SDL 2029 1,500.00 149 6.89% UTTARPRADESH SDL 2031 2,500.00 95 7.29% UTTARPRADESH SDL 2029 1,500.00 150 6.87% UTTARPRADESH SDL 2031 2,500.00 96 7.16% UTTARPRADESH SDL 2029 2,500.00 151 6.84% UTTARPRADESH SDL 2031 2,500.00 97 7.18% UTTARPRADESH SDL 2030 3,000.00 152 6.92% UTTARPRADESH SDL 2031 2,500.00 98 7.22% UTTARPRADESH SDL 2030 2,000.00 153 6.97% UTTARPRADESH SDL 2031 2,500.00 99 7.18% UTTARPRADESH SDL 2030 2,500.00 154 6.99% UTTARPRADESH SDL 2031 2,500.00 100 7.14% UTTARPRADESH SDL 2030 2,250.00 155 6.93% UTTARPRADESH SDL 2031 2,500.00 101 7.09% UTTARPRADESH SDL 2030 2,750.00 156 6.93% UTTARPRADESH SDL 2031 2,500.00 102 6.91% UTTRAPRADESH SDL 2030 2,250.00 157 6.96% UTTARPRADESH SDL 2031 2,500.00 103 7.03% UTTARPRADESH SDL 2030 2,750.00 158 7.04% UTTARPRADESH SDL 2031 2,500.00 104 7.04% UTTARPRADESH SDL 2030 3,000.00 159 7.12% UTTARPRADESH SDL 2032 2,500.00 151State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 160 7.15% UTTARPRADESH SDL 2032 2,000.00 215 7.49% UTTARPRADESH SGS 2036 2,500.00 161 7.24% UTTARPRADESH SDL 2032 3,000.00 216 7.19% UTTARPRADESH SGS 2036 6,000.00 162 7.28% UTTARPRADESH SDL 2032 5,000.00 217 7.15% UTTARPRADESH SGS 2037 5,000.00 163 7.46% UTTARPRADESH SGS 2032 3,000.00 218 7.74% UTTARPRADESH SGS 2037 3,000.00 164 7.34% UTTARPRADESH SDL 2032 1,500.00 219 7.15% UTTARPRADESH SGS 2037 1,500.00 165 7.66% UTTARPRADESH SGS 2032 2,500.00 220 7.39% UTTARPRADESH SDL 2037 2,000.00 166 7.68% UTTARPRADESH SGS 2032 2,500.00 221 7.91% UTTARPRADESH SGS 2037 3,500.00 167 7.81% UTTARPRADESH SGS 2032 2,500.00 222 7.75% UTTARPRADESH SGS 2038 2,500.00 168 7.08% UTTARPRADESH SGS 2032 3,000.00 223 7.51% UTTARPRADESH SGS 2038 2,500.00 169 7.1% UTTARPRADESH SGS 2032 3,000.00 224 7.08% UTTARPRADESH SGS 2038 6,000.00 170 7.66% UTTARPRADESH SGS 2033 2,000.00 225 7.16% UTTARPRADESH SGS 2039 4,500.00 171 7.66% UTTARPRADESH SGS 2033 3,500.00 226 7.25% UTTARPRADESH SGS 2039 1,500.00 172 7.73% UTTARPRADESH SGS 2033 3,000.00 227 7.17% UTTARPRADESH SGS 2039 1,000.00 173 7.17% UTTARPRADESH SGS 2033 1,000.00 228 7.46% UTTARPRADESH SGS 2039 3,000.00 174 7.79% UTTARPRADESH SGS 2033 3,000.00 229 7.52% UTTARPRADESH SGS 2039 2,500.00 175 7.45% UTTARPRADESH SGS 2033 2,000.00 230 7.16% UTTARPRADESH SGS 2039 6,000.00 176 7.33% UTTARPRADESH SGS 2033 2,000.00 231 7.2% UTTARPRADESH SGS 2040 3,000.00 177 7.4% UTTARPRADESH SGS 2033 3,000.00 232 7.24% UTTARPRADESH SGS 2040 2,000.00 178 7.7% UTTARPRADESH SGS 2033 3,000.00 233 7.48% UTTARPRADESH SGS 2040 3,000.00 179 7.71% UTTARPRADESH SGS 2033 2,000.00 234 7.51% UTTARPRADESH SGS 2040 3,000.00 180 7.73% UTTARPRADESH SGS 2033 2,500.00 235 7.27% UTTARPRADESH SGS 2041 1,500.00 181 7.75% UTTARPRADESH SGS 2033 2,000.00 236 7.48% UTTARPRADESH SGS 2042 3,000.00 182 7.62% UTTARPRADESH SGS 2033 2,000.00 237 7.48% UTTARPRADESH SGS 2044 3,000.00 183 7.67% UTTARPRADESH SGS 2033 2,000.00 Total [A] 564,615.00 184 7.49% UTTARPRADESH SGS 2034 3,000.00 Special Securities 185 7.48% UTTARPRADESH SGS 2034 3,000.00 1 8.32% UP UDAY BOND 2025 1,233.42 186 7.46% UTTARPRADESH SGS 2034 2,450.00 2 8.61% UP SPL BOND 2025 451.18 187 7.38% UTTARPRADESH SGS 2034 2,000.00 3 8.67 UP SPECIAL BONDS 2025 448.71 188 7.81% UTTARPRADESH SGS 2034 2,612.00 4 8.61% UP SPL BOND 2025 OCT 75.84 189 7.35% UTTARPRADESH SDL 2034 1,500.00 5 8.65 UP SPECIAL BOND 2025 78.30 190 7.41% UTTARPRADESH SGS 2034 2,500.00 6 8.39% UP UDAY BOND 2026 306.42 191 7.49% UTTARPRADESH SGS 2034 3,000.00 7 8.30% UP UDAY BOND 2026 1,312.30 192 7.7% UTTARPRADESH SGS 2034 2,000.00 8 8.21% UP UDAY BOND 2026 408.99 193 7.68% UTTARPRADESH SGS 2034 2,000.00 9 8.14% UP UDAY BOND 2026 1,233.42 194 7.81% UTTARPRADESH SGS 2034 3,000.00 10 8.43% UP SPL BOND 2026 451.18 195 7.72% UTTARPRADESH SGS 2034 2,000.00 11 8.55 UP SPECIAL BOND 2026 448.71 196 7.73% UTTARPRADESH SGS 2034 2,500.00 12 8.43% UP SPL BOND 2026 OCT 75.84 197 7.68% UTTARPRADESH SGS 2034 2,200.00 13 8.57 UP SPECIAL BOND 2026 78.30 198 7.75% UTTARPRADESH SGS 2034 2,000.00 14 8.66% UP UDAY BOND 2027 306.42 199 7.62% UTTARPRADESH SGS 2034 2,000.00 15 8.70% UP UDAY BOND 2027 1,312.30 200 7.65% UTTARPRADESH SGS 2034 2,000.00 16 8.42% UP UDAY BOND 2027 408.99 201 7.62% UTTARPRADESH SGS 2035 3,500.00 17 8.38% UP UDAY BOND 2027 1,233.42 202 7.69% UTTARPRADESH SGS 2035 3,500.00 18 8.57% UP SPL BOND 2027 451.18 203 7.75% UTTARPRADESH SGS 2035 2,500.00 19 8.68 UP SPECIAL BOND 2027 448.71 204 7.78% UTTARPRADESH SGS 2035 3,000.00 20 8.57% UP SPL BOND 2027 OCT 75.84 205 7.5% UTTARPRADESH SGS 2035 3,000.00 21 8.67 UP SPECIAL BOND 2027 78.30 206 7.56% UTTARPRADESH SGS 2035 3,000.00 22 8.87% UP UDAY BOND 2028 306.42 207 7.69% UTTARPRADESH SGS 2035 2,000.00 23 8.71% UP UDAY BOND 2028 1,312.30 208 7.73% UTTARPRADESH SGS 2035 2,000.00 24 8.64% UP UDAY BOND 2028 408.99 209 7.7% UTTARPRADESH SGS 2035 2,000.00 25 8.49% UP UDAY BOND 2028 1,233.42 210 7.72% UTTARPRADESH SGS 2036 3,500.00 26 8.35% UP SPL BOND 2028 451.18 211 7.64% UTTARPRADESH SGS 2036 3,500.00 27 8.61 UP SPECIAL BOND 2028 448.71 212 7.38% UTTARPRADESH SGS 2036 2,000.00 28 8.35% UP SPL BOND 2028 OCT 75.84 213 7.48% UTTARPRADESH SGS 2036 3,000.00 29 8.61 UP SPECIAL BOND 2028 DEC 78.30 214 7.78% UTTARPRADESH SGS 2036 2,500.00 30 8.63% UP UDAY BOND 2029 306.42 152Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 31 8.45% UP UDAY BOND 2029 1,312.30 24 7.29% UTTARAKHAND SDL 2027 300.00 32 8.44% UP UDAY BOND 2029 408.99 25 7.35% UTTARAKHAND SDL 2027 400.00 33 8.35% UP UDAY BOND 2029 1,233.42 26 7.4% UTTARAKHAND SDL 2027 500.00 34 8.75% UP UDAY BOND 2030 306.42 27 7.54% UTTARAKHAND SDL 2027 500.00 35 8.62% UP UDAY BOND 2030 1,312.30 28 7.59% UTTARAKHAND SDL 2027 500.00 36 8.59% UP UDAY BOND 2030 408.99 29 7.65% UTTARAKHAND SDL 2027 300.00 37 8.49% UP UDAY BOND 2030 1,233.42 30 7.67% UTTARAKHAND SDL 2027 300.00 38 8.90% UP UDAY BOND 2031 306.48 31 7.67% UTTARAKHAND SDL 2027 300.00 39 8.77% UP UDAY BOND 2031 1,312.36 32 7.77% UTTARAKHAND SDL 2027 200.00 40 8.70% UP UDAY BOND 2031 408.82 33 8.08% UTTARAKHAND SDL 2028 200.00 41 8.58% UP UDAY BOND 2031 1,233.71 34 8.2% UTTARAKHAND SDL 2028 300.00 Total [B] 25,016.52 35 8.05% UTTARAKHAND SDL 2028 500.00 Total [A+B] 589,631.52 36 8.25% UTTARAKHAND SDL 2028 400.00 Loans not bearing interest 37 8.42% UTTARAKHAND SDL 2028 400.00 1 7.17% U.P. SDL 2017 0.05 38 8.29% UTTARAKHAND SDL 2028 200.00 2 8.00% U.P. SDL 2012 0.00 39 8.14% UTTARAKHAND SDL 2028 360.00 3 9.45% U.P SDL 2011 0.10 40 7.8% UTTARAKHAND SDL 2028 500.00 4 12.00% U.P. SDL 2010 0.00 41 8.2% UTTARAKHAND SDL 2028 300.00 5 12.30% U.P. SDL 2007 0.01 42 8.29% UTTARAKHAND SDL 2028 300.00 6 13.85% U.P. SDL 2006 0.00 43 8.39% UTTARAKHAND SDL 2028 300.00 7 14.00% U.P. SDL 2005 0.02 44 8.4% UTTARAKHAND SDL 2028 200.00 8 13.50% U.P. SDL 2003 0.03 45 8.53% UTTARAKHAND SDL 2028 300.00 9 13.00% U.P. SDL 2007 0.06 46 8.58% UTTARAKHAND SDL 2028 500.00 10 12.00% U.P. SDL 2011 0.13 47 8.46% UTTARAKHAND SDL 2028 250.00 11 11.50% U.P. SDL 2011 0.00 48 8.42% UTTARAKHAND SDL 2028 250.00 12 11.50% U.P. SDL 2010 0.04 49 8.49% UTTARAKHAND SDL 2028 200.00 13 11.50% U.P. SDL 2009 0.06 50 8.61% UTTARAKHAND SDL 2028 300.00 14 11.50% U.P. SDL 2008 0.10 51 8.74% UTTARAKHAND SDL 2028 250.00 Total [C] 0.59 52 8.76% UTTARAKHAND SDL 2028 300.00 Total [A+B+C] 589,632.12 53 8.7% UTTARAKHAND SDL 2028 250.00 UTTARAKHAND 54 8.56% UTTARAKHAND SDL 2028 250.00 Loans Bearing Interest 55 8.55% UTTARAKHAND SDL 2028 300.00 1 8.28% UTTARAKHAND SDL 2025 750.00 56 8.38% UTTARAKHAND SDL 2028 300.00 2 8.29% UTTARAKHAND SDL 2025 500.00 57 8.19% UTTARAKHAND SDL 2028 300.00 3 8.16% UTTARAKHAND SDL 2025 500.00 58 8.23% UTTARAKHAND SDL 2029 200.00 4 7.98% UTTARAKHAND SDL 2025 250.00 59 8.32% UTTARAKHAND SDL 2029 200.00 5 8.19% UTTARAKHAND SDL 2025 400.00 60 8.41% UTTARAKHAND SDL 2029 250.00 6 8.19% UTTARAKHAND SDL 2025 200.00 61 8.08% UTTARAKHAND SDL 2029 300.00 7 8.4% UTTARAKHAND SDL 2026 300.00 62 8.19% UTTARAKHAND SDL 2029 500.00 8 8.65% UTTARAKHAND SDL 2026 500.00 63 7.5% UTTARAKHAND SGS 2029 900.00 9 8.53% UTTARAKHAND SDL 2026 500.00 64 6.9% UTTARAKHAND SDL 2029 250.00 10 7.36% UTTARAKHAND SGS 2026 1,000.00 65 7.14% UTTARAKHAND SDL 2029 250.00 11 7.98% UTTARAKHAND SDL 2026 290.00 66 7.15% UTTARAKHAND SDL 2029 300.00 12 8.06% UTTARAKHAND SDL 2026 500.00 67 7.19% UTTARAKHAND SDL 2029 300.00 13 7.39% UTTARAKHAND SDL 2026 1,000.00 68 7.05% UTTARAKHAND SGS 2029 500.00 14 7.18% UTTARAKHAND SDL 2026 250.00 69 7.17% UTTARAKHAND SDL 2029 500.00 15 7.18% UTTARAKHAND SDL 2026 500.00 70 7.29% UTTARAKHAND SDL 2029 250.00 16 7.25% UTTARAKHAND SDL 2026 500.00 71 7.11% UTTARAKHAND SDL 2030 250.00 17 7.42% UTTARAKHAND SDL 2026 1,000.00 72 7.04% UTTARAKHAND SDL 2030 250.00 18 6.97% UTTARAKHAND SDL 2026 260.00 73 6.9% UTTARAKHAND SDL 2030 250.00 19 7.18% UTTARAKHAND SDL 2027 400.00 74 7.06% UTTARAKHAND SDL 2030 500.00 20 7.93% UTTARAKHAND SDL 2027 750.00 75 6.88% UTTARAKHAND SDL 2030 500.00 21 7.59% UTTARAKHAND SDL 2027 200.00 76 7.1% UTTARAKHAND SDL 2030 500.00 22 7.21% UTTARAKHAND SDL 2027 500.00 77 7.45% UTTARAKHAND SDL 2030 250.00 23 7.22% UTTARAKHAND SDL 2027 300.00 78 7.35% UTTARAKHAND SDL 2030 250.00 153State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 79 7.85% UTTARAKHAND SDL 2030 1,000.00 5 8.3% WESTBENGAL SDL 2025 1,500.00 80 7.39% UTTARAKHAND SGS 2030 500.00 6 8.17% WESTBENGAL SDL 2025 1,500.00 81 6.43% UTTARAKHAND SDL 2030 500.00 7 7.97% WESTBENGAL SDL 2025 1,000.00 82 6.67% UTTARAKHAND SDL 2030 500.00 8 8.15% WESTBENGAL SDL 2025 1,500.00 83 6.9% UTTARAKHAND SDL 2030 500.00 9 8.18% WESTBENGAL SDL 2025 1,200.00 84 6.62% UTTARAKHAND SDL 2030 500.00 10 8.22% WESTBENGAL SDL 2025 1,000.00 85 6.44% UTTARAKHAND SDL 2030 700.00 11 8.27% WESTBENGAL SDL 2025 1,300.00 86 7.06% UTTARAKHAND SGS 2030 500.00 12 8.31% WESTBENGAL SDL 2026 1,000.00 87 7.15% UTTARAKHAND SGS 2030 1,000.00 13 8.4% WESTBENGAL SDL 2026 1,500.00 88 6.6% UTTARAKHAND SDL 2031 500.00 14 8.51% WESTBENGAL SDL 2026 1,000.00 89 6.84% UTTARAKHAND SDL 2031 1,000.00 15 8.88% WESTBENGAL SDL 2026 2,500.00 90 6.8% UTTARAKHAND SDL 2031 1,000.00 16 8.57% WESTBENGAL SDL 2026 1,000.00 91 6.94% UTTARAKHAND SDL 2031 700.00 17 8.1% WESTBENGAL SDL 2026 2,500.00 92 7.0% UTTARAKHAND SDL 2031 500.00 18 8.09% WESTBENGAL SDL 2026 2,000.00 93 7.05% UTTARAKHAND SDL 2031 500.00 19 7.86% WESTBENGAL SDL 2026 1,500.00 94 7.13% UTTARAKHAND SGS 2032 1,000.00 20 7.69% WESTBENGAL SDL 2026 1,000.00 95 7.25% UTTARAKHAND SDL 2032 500.00 21 7.63% WESTBENGAL SDL 2026 1,000.00 96 7.14% UTTARAKHAND SGS 2032 2,000.00 22 7.58% WESTBENGAL SDL 2026 500.00 97 7.23% UTTARAKHAND SGS 2032 1,000.00 23 7.19% WESTBENGAL SDL 2026 2,000.00 98 7.17% UTTARAKHAND SGS 2032 1,000.00 24 7.16% WESTBENGAL SDL 2026 1,500.00 99 7.05% UTTARAKHAND SGS 2032 2,000.00 25 7.25% WESTBENGAL SDL 2026 1,500.00 100 7.34% UTTARAKHAND SDL 2032 1,000.00 26 7.42% WESTBENGAL SDL 2026 1,500.00 101 7.85% UTTARAKHAND SGS 2032 500.00 27 6.88% WESTBENGAL SDL 2026 700.00 102 7.62% UTTARAKHAND SGS 2033 500.00 28 7.1% WESTBENGAL SDL 2026 2,000.00 103 7.67% UTTARAKHAND SGS 2033 750.00 29 7.29% WESTBENGAL SDL 2026 2,000.00 104 7.74% UTTARAKHAND SGS 2033 750.00 30 7.16% WESTBENGAL SDL 2027 2,300.00 105 7.76% UTTARAKHAND SGS 2033 700.00 31 7.21% WESTBENGAL SDL 2027 2,500.00 106 7.47% UTTARAKHAND SGS 2033 500.00 32 7.63% WESTBENGAL SDL 2027 2,500.00 107 7.48% UTTARAKHAND SGS 2033 500.00 33 7.78% WESTBENGAL SDL 2027 3,000.00 108 7.54% UTTARAKHAND SGS 2033 500.00 34 7.92% WESTBENGAL SDL 2027 5,000.00 109 7.71% UTTARAKHAND SGS 2033 800.00 35 7.64% WESTBENGAL SDL 2027 1,930.52 110 7.67% UTTARAKHAND SGS 2033 500.00 36 7.28% WESTBENGAL SDL 2027 2,000.00 111 7.46% UTTARAKHAND SGS 2034 1,000.00 37 7.28% WESTBENGAL SDL 2027 1,000.00 112 7.47% UTTARAKHAND SGS 2034 1,500.00 38 7.2% WESTBENGAL SDL 2027 1,000.00 Total [A] 56,710.00 39 7.25% WESTBENGAL SDL 2027 2,000.00 Loans not bearing interest 40 7.66% WESTBENGAL SDL 2027 1,500.00 1 12.00% U.P. SDL 2010 0.00 41 7.53% WESTBENGAL SDL 2027 2,000.00 2 12.30% U.P. SDL 2007 0.00 42 7.68% WESTBENGAL SDL 2027 2,000.00 3 13.85% U.P. SDL 2006 0.00 43 7.72% WESTBENGAL SDL 2027 3,000.00 4 14.00% U.P. SDL 2005 0.00 44 7.77% WESTBENGAL SDL 2028 2,000.00 5 13.50% U.P. SDL 2003 0.00 45 8.09% WESTBENGAL SDL 2028 2,000.00 6 13.00% U.P. SDL 2007 0.00 46 8.29% WESTBENGAL SDL 2028 2,000.00 7 12.00% U.P. SDL 2011 0.01 47 8.42% WESTBENGAL SDL 2028 2,000.00 8 11.50% U.P. SDL 2011 0.00 48 8.27% WESTBENGAL SDL 2028 2,000.00 9 11.50% U.P. SDL 2010 0.00 49 8.09% WESTBENGAL SDL 2028 911.00 10 11.50% U.P. SDL 2009 0.00 50 6.65% WESTBENGAL SDL 2028 3,000.00 11 11.50% U.P. SDL 2008 0.01 51 8.44% WESTBENGAL SDL 2028 2,000.00 Total [B] 0.02 52 6.79% WESTBENGAL SDL 2028 2,500.00 Total [A+B] 56,710.02 53 6.83% WESTBENGAL SDL 2028 1,500.00 WEST BENGAL 54 8.4% WESTBENGAL SDL 2028 1,000.00 Loans Bearing Interest 55 8.45% WESTBENGAL SDL 2028 2,000.00 1 8.08% WEST BENGAL SDL 2025 1,000.00 56 6.79% WESTBENGAL SDL 2028 1,500.00 2 8.17% WESTBENGAL SDL 2025 1,500.00 57 8.21% WESTBENGAL SDL 2029 2,500.00 3 8.21% WESTBENGAL SDL 2025 1,500.00 58 8.35% WESTBENGAL SDL 2029 1,500.00 4 8.31% WESTBENGAL SDL 2025 1,500.00 59 8.44% WESTBENGAL SDL 2029 2,000.00 154Statements Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 60 8.39% WESTBENGAL SDL 2029 2,500.00 114 8.47% WESTBENGAL SDL 2034 2,000.00 61 8.1% WESTBENGAL SDL 2029 2,300.00 115 8.19% WESTBENGAL SDL 2034 2,000.00 62 7.32% WESTBENGAL SDL 2029 2,000.00 116 7.34% WESTBENGAL SDL 2034 2,000.00 63 7.06% WESTBENGAL SDL 2029 2,000.00 117 7.29% WESTBENGAL SDL 2034 1,010.00 64 7.18% WESTBENGAL SDL 2029 2,000.00 118 7.18% WESTBENGAL SDL 2034 2,500.00 65 7.14% WESTBENGAL SDL 2029 2,500.00 119 7.29% WESTBENGAL SDL 2034 2,000.00 66 7.28% WESTBENGAL SDL 2029 3,000.00 120 7.3% WESTBENGAL SDL 2034 2,500.00 67 7.3% WESTBENGAL SDL 2029 2,500.00 121 7.26% WESTBENGAL SDL 2034 2,000.00 68 7.19% WESTBENGAL SDL 2029 2,000.00 122 7.31% WESTBENGAL SDL 2034 3,000.00 69 7.29% WESTBENGAL SDL 2029 2,000.00 123 7.18% WESTBENGAL SDL 2035 2,000.00 70 7.23% WESTBENGAL SDL 2030 2,000.00 124 7.15% WESTBENGAL SDL 2035 2,000.00 71 7.1% WESTBENGAL SDL 2030 2,500.00 125 6.95% WESTBENGAL SDL 2035 2,500.00 72 7.05% WESTBENGAL SDL 2030 3,000.00 126 6.98% WESTBENGAL SDL 2035 3,000.00 73 7.2% WESTBENGAL SDL 2030 2,500.00 127 7.99% WESTBENGAL SDL 2035 482.00 74 7.35% WESTBENGAL SDL 2030 4,000.00 128 6.54% WESTBENGAL SDL 2035 1,500.00 75 6.85% WESTBENGAL SDL 2030 2,000.00 129 6.62% WESTBENGAL SDL 2035 2,000.00 76 6.85% WEST BENGAL SDL 2030 3,000.00 130 7.04% WESTBENGAL SDL 2035 2,500.00 77 6.5% WESTBENGAL SDL 2030 2,000.00 131 6.99% WESTBENGAL SDL 2035 2,000.00 78 6.65% WESTBENGAL SDL 2030 1,000.00 132 6.78% WESTBENGAL SDL 2035 2,000.00 79 6.55% WESTBENGAL SDL 2030 2,000.00 133 6.68% WESTBENGAL SDL 2035 1,500.00 80 6.99% WESTBENGAL SDL 2030 2,500.00 134 6.61% WESTBENGAL SDL 2036 3,000.00 81 6.46% WESTBENGAL SDL 2030 2,000.00 135 6.97% WESTBENGAL SDL 2036 1,500.00 82 6.68% WESTBENGAL SDL 2030 2,000.00 136 7.19% WESTBENGAL SDL 2036 2,000.00 83 6.6% WESTBENGAL SDL 2030 2,000.00 137 6.99% WESTBENGAL SDL 2036 4,680.00 84 6.63% WESTBENGAL SDL 2031 2,000.00 138 7.06% WESTBENGAL SDL 2036 3,000.00 85 7.05% WESTBENGAL SDL 2031 1,500.00 139 6.98% WESTBENGAL SDL 2036 1,000.00 86 6.83% WESTBENGAL SDL 2031 2,000.00 140 6.99% WESTBENGAL SDL 2036 3,500.00 87 6.83% WESTBENGAL SDL 2031 2,000.00 141 7.05% WESTBENGAL SDL 2036 2,500.00 88 7.02% WESTBENGAL SDL 2031 1,500.00 142 6.94% WESTBENGAL SDL 2036 2,500.00 89 7.0% WESTBENGAL SDL 2031 1,000.00 143 7.05% WESTBENGAL SDL 2036 3,000.00 90 6.99% WESTBENGAL SDL 2031 2,500.00 144 7.12% WESTBENGAL SDL 2036 4,000.00 91 6.85% WESTBENGAL SDL 2031 2,500.00 145 7.48% WESTBENGAL SDL 2037 3,000.00 92 7.0% WESTBENGAL SDL 2031 1,000.00 146 7.96% WESTBENGAL SDL 2037 2,000.00 93 6.91% WESTBENGAL SDL 2031 1,000.00 147 8.02% WESTBENGAL SDL 2037 1,000.00 94 7.14% WESTBENGAL SDL 2032 2,500.00 148 7.89% WESTBENGAL SDL 2037 1,000.00 95 7.23% WESTBENGAL SDL 2032 1,000.00 149 7.53% WESTBENGAL SDL 2037 2,000.00 96 7.17% WESTBENGAL SDL 2032 3,000.00 150 7.67% WESTBENGAL SDL 2037 1,000.00 97 7.36% WESTBENGAL SDL 2032 4,390.00 151 7.93% WESTBENGAL SGS 2037 1,500.00 98 7.73% WESTBENGAL SDL 2032 2,500.00 152 6.98% WESTBENGAL SDL 2037 1,500.00 99 7.83% WESTBENGAL SDL 2032 3,000.00 153 7.72% WESTBENGAL SGS 2037 2,500.00 100 7.82% WESTBENGAL SDL 2032 1,500.00 154 7.67% WESTBENGAL SGS 2037 2,000.00 101 7.49% WESTBENGAL SDL 2032 3,000.00 155 7.32% WESTBENGAL SGS 2038 3,500.00 102 7.68% WESTBENGAL SGS 2032 2,000.00 156 7.29% WESTBENGAL SGS 2038 3,000.00 103 7.73% WESTBENGAL SDL 2032 1,000.00 157 7.4% WESTBENGAL SDL 2038 3,000.00 104 7.62% WESTBENGAL SDL 2032 1,500.00 158 8.07% WESTBENGAL SDL 2038 2,000.00 105 7.82% WEST BENGAL SDL 2032 3,000.00 159 7.72% WESTBENGAL SGS 2038 2,500.00 106 7.64% WESTBENGAL SGS 2032 1,000.00 160 8.57% WESTBENGAL SDL 2038 2,000.00 107 8.79% WESTBENGAL SDL 2033 1,500.00 161 8.43% WESTBENGAL SDL 2038 2,500.00 108 8.73% WESTBENGAL SDL 2033 2,000.00 162 7.63% WESTBENGAL SGS 2038 2,000.00 109 8.72% WESTBENGAL SDL 2033 2,000.00 163 7.66% WESTBENGAL SGS 2039 2,000.00 110 8.42% WESTBENGAL SDL 2033 4,000.00 164 7.71% WESTBENGAL SGS 2039 1,000.00 111 8.24% WESTBENGAL SDL 2033 1,983.00 165 8.41% WESTBENGAL SDL 2039 2,000.00 112 8.25% WESTBENGAL SDL 2034 3,500.00 166 7.69% WESTBENGAL SGS 2039 2,000.00 113 8.36% WESTBENGAL SDL 2034 1,545.00 167 7.3% WESTBENGAL SGS 2039 3,500.00 155State Finances : A Study of Budgets of 2025-26 Statement 22: State Government Market Loans (Contd.) (₹ Crore) Sr. Balance as on Sr. Balance as on Particulars Particulars No. end–March 2025 No. end–March 2025 168 7.75% WESTBENGAL SGS 2039 2,000.00 222 7.67% WESTBENGAL SGS 2043 2,000.00 169 7.28% WESTBENGAL SGS 2039 3,000.00 223 7.48% WESTBENGAL SGS 2043 2,500.00 170 7.52% WESTBENGAL SGS 2039 2,500.00 224 7.74% WESTBENGAL SGS 2043 2,500.00 171 7.34% WESTBENGAL SGS 2039 2,000.00 225 7.47% WESTBENGAL SGS 2043 2,000.00 172 7.41% WESTBENGAL SGS 2039 2,000.00 226 7.36% WESTBENGAL SGS 2043 2,000.00 173 7.56% WESTBENGAL SGS 2039 2,000.00 227 7.35% WESTBENGAL SGS 2043 2,000.00 174 7.46% WESTBENGAL SGS 2039 2,000.00 228 7.64% WESTBENGAL SGS 2043 3,000.00 175 7.59% WESTBENGAL SGS 2039 2,000.00 229 7.71% WESTBENGAL SGS 2043 2,500.00 176 7.74% WESTBENGAL SGS 2039 2,500.00 230 7.64% WESTBENGAL SGS 2043 1,910.01 177 7.95% WESTBENGAL SGS 2039 2,000.00 231 7.13% WESTBENGAL SGS 2044 1,500.00 178 7.18% WESTBENGAL SGS 2039 1,500.00 232 7.67% WESTBENGAL SGS 2044 1,500.00 179 7.16% WESTBENGAL SGS 2039 2,500.00 233 7.48% WESTBENGAL SGS 2044 2,500.00 180 7.67% WESTBENGAL SGS 2039 2,000.00 234 7.44% WESTBENGAL SGS 2044 3,000.00 181 7.15% WESTBENGAL SGS 2040 5,000.00 235 7.4% WESTBENGAL SGS 2044 3,000.00 182 7.46% WESTBENGAL SDL 2040 3,000.00 236 7.39% WESTBENGAL SGS 2044 2,000.00 183 7.89% WESTBENGAL SGS 2040 3,500.00 237 7.45% WESTBENGAL SGS 2044 2,500.00 184 7.37% WESTBENGAL SGS 2040 2,000.00 238 7.53% WESTBENGAL SGS 2044 2,500.00 185 7.36% WESTBENGAL SGS 2040 3,000.00 239 7.15% WESTBENGAL SGS 2044 2,500.00 186 7.35% WESTBENGAL SGS 2040 2,000.00 240 7.15% WESTBENGAL SGS 2044 3,500.00 187 6.77% WESTBENGAL SDL 2040 2,000.00 241 7.18% WESTBENGAL SGS 2045 2,000.00 188 7.09% WESTBENGAL SDL 2040 1,500.00 242 7.1% WESTBENGAL SGS 2045 2,000.00 189 6.88% WESTBENGAL SDL 2040 2,000.00 243 7.25% WESTBENGAL SGS 2045 2,000.00 190 7.79% WESTBENGAL SGS 2040 2,000.00 244 7.15% WESTBENGAL SGS 2045 2,500.00 191 6.71% WESTBENGAL SDL 2040 2,000.00 245 7.18% WESTBENGAL SGS 2046 2,000.00 192 7.13% WESTBENGAL SGS 2040 2,000.00 246 7.1% WESTBENGAL SGS 2046 2,000.00 193 6.63% WESTBENGAL SDL 2041 2,000.00 247 7.46% WESTBENGAL SGS 2046 1,000.00 194 6.89% WESTBENGAL SDL 2041 2,000.00 248 7.18% WESTBENGAL SGS 2047 2,000.00 195 7.23% WESTBENGAL SDL 2041 2,000.00 249 7.1% WESTBENGAL SGS 2047 2,000.00 196 7.44% WESTBENGAL SGS 2041 3,000.00 250 7.23% WESTBENGAL SGS 2049 3,000.00 197 7.25% WESTBENGAL SDL 2041 2,000.00 251 7.12% WESTBENGAL SDL 2051 1,500.00 198 7.74% WESTBENGAL SGS 2041 2,500.00 Total [A] 531,641.53 199 8.01% WESTBENGAL SDL 2041 2,000.00 Compensation Bonds 200 7.36% WESTBENGAL SGS 2041 1,500.00 1 5% Urban Land Ceiling (West Bengal)Bonds 1976 0.04 201 7.08% WESTBENGAL SDL 2041 2,500.00 2 West Bengal Estate Aquisition Compensation Bonds 2.23 202 7.18% WESTBENGAL SGS 2041 1,500.00 Total [B] 2.26 203 7.71% WESTBENGAL SGS 2041 2,000.00 Total [A+B] 531,643.79 204 7.67% WESTBENGAL SGS 2041 2,000.00 Loans not bearing interest 205 7.16% WESTBENGAL SGS 2042 2,500.00 1 6.35% W.BENGAL SDL 2013(II SER 0.00 206 7.64% WESTBENGAL SGS 2042 2,000.00 2 9.45% W.B SDL 2011 0.07 207 7.13% WESTBENGAL SGS 2042 2,000.00 3 10.35% W.B. SDL 2011 0.01 208 7.69% WESTBENGAL SGS 2042 2,500.00 4 12.25% W.B. SDL 2009 0.01 209 7.79% WESTBENGAL SGS 2042 2,500.00 5 13.05% W.B. SDL 2007 0.02 210 7.39% WESTBENGAL SGS 2042 2,000.00 6 13.75 % W.B. SDL 2007 0.01 211 7.45% WESTBENGAL SGS 2042 2,500.00 7 14.00% W.B. SDL 2005 0.13 212 7.85% WESTBENGAL SGS 2042 3,500.00 8 13.00% W.B. SDL 2007 0.02 213 7.34% WESTBENGAL SGS 2042 1,500.00 9 12.00% W.B. SDL 2011 0.02 214 7.97% WESTBENGAL SDL 2042 1,500.00 10 11.50% W.B. SDL 2011 0.01 215 7.24% WESTBENGAL SGS 2042 2,000.00 11 11.50% W.B. SDL 2010 0.02 216 7.4% WESTBENGAL SGS 2042 2,500.00 12 11.50% W.B. SDL 2009 0.12 217 7.56% WESTBENGAL SGS 2042 1,000.00 13 11.50% W.B. SDL 2008 0.12 218 7.41% WESTBENGAL SGS 2042 2,500.00 Total [C] 0.537 219 7.44% WESTBENGAL SGS 2042 2,000.00 Total [A+B+C] 531,644.33 220 7.17% WESTBENGAL SGS 2042 5,000.00 221 7.66% WESTBENGAL SGS 2043 3,000.00 156Statements 157 seitiruceS tnemnrevoG etatS gnidnatstuO fo elfiorP ytirutaM :32 tnemetatS )5202 ,13 hcraM no sa gnidnatstuO( )erorC ₹( LATOT 4602-0402 0402-9302 9302-8302 8302-7302 7302-6302 6302-5302 5302-4302 4302-3302 3302-2302 2302-1302 1302-0302 0302-9202 9202-8202 8202-7202 7202-6202 6202-5202 TU /setatS 81 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1

1.344,33,4

0.392,99

0.005,32

0.053,72

0.098,32

0.464,42

0.058,32

0.174,32

8.252,32

9.119,32

4.355,32

4.329,22

6.721,02

3.764,02

3.922,51

4.901,81

0.050,02 hsedarP arhdnA .1

5.653,7

0.010,1 – – – – – –

0.209

0.955

0.365

0.767

0.663,1

0.917

5.788

0.354

0.031 hsedarP lahcanurA .2

0.984,21,1

0.053,4

0.055,5 – – – –

0.053,8

0.005,51

0.008,51

0.309,8

0.087,11

0.602,21

0.059,8

0.062,8

0.091,6

0.056,6 massA .3

8.710,74,2

0.000,5

0.000,2

0.216,72 –

0.645,6 –

0.000,61

0.000,81

0.008,63

7.665,22

2.332,71

2.438,22

2.335,81

2.622,81

2.339,71

2.337,71 rahiB .4

1.255,30,1 – – – –

0.000,2 –

0.000,6

0.000,8

0.000,11

0.000,11

0.785,11

0.767,21

0.780,01

0.781,11

0.782,01

0.736,9 hragsittahhC .5

0.428,91 –

0.001

0.053

0.004 –

0.053

0.006

0.002,2

0.059

0.000,2

0.003,3

0.006,2

0.053,2

0.008,1

0.023,1

0.405,1 aoG .6

9.482,11,3 – – – –

0.005,1

0.005,1

0.005,9

0.005,21

0.000,03

0.000,23

0.000,14

2.432,14

7.074,24

0.005,63

0.023,63

0.067,62 tarajuG .7

4.955,69,2

0.000,41

0.086,9

0.005,61

0.000,02

0.000,02

0.042,12

0.100,22

0.052,91

0.851,02

0.057,91

0.005,91

0.654,91

9.465,81

5.936,81

0.035,81

0.092,91 anayraH .8

4.481,95

0.000,2

0.735,1

0.276,3

0.004,5

0.004,2

0.008,2

0.224,4

0.007,4

0.005,4

1.982,4

1.989,4

1.902,4

1.988,3

1.985,3

1.986,3

1.990,3 hsedarP lahcamiH .9

7.447,55 – – –

0.000,2

0.005,2

0.000,2

0.004,2

0.004,3

7.999,5

0.000,4

3.556,4

3.550,6

3.460,6

3.550,5

3.907,5

3.509,5 dnahkrahJ .01

7.718,17,4

0.000,52

0.000,11

0.005,51

0.005,92

0.000,82

0.000,63

0.000,33

0.005,23

0.565,53

1.069,53

0.000,93

0.005,53

0.005,33

0.895,13

0.700,92

5.781,12 akatanraK .11

0.647,36,2

0.397,59

0.099,7

0.362,7

0.000,9

0.005,8

0.034,8

0.545,9

0.306,7

0.000,9

0.947,8

0.000,8

0.370,81

0.002,41

0.000,61

0.003,81

0.003,71 alareK .21

4.917,57,2

0.000,87

0.000,11

0.528,11

0.005,11

0.005,11

0.005,11

4.120,31

0.173,21

0.000,41

0.637,41

0.637,11

0.632,31

0.682,11

0.637,51

0.638,81

0.634,51 hsedarP ayhdaM .31

7.807,39,5

0.000,94

0.005,11

0.005,61

0.005,52

0.005,52

0.000,32

0.000,83

0.005,43

0.000,85

0.057,65

0.005,96

0.166,93

4.105,83

3.697,53

0.005,93

0.005,23 arthsarahaM .41

0.806,11 –

0.009

0.001 –

0.006

0.623,1

0.276 –

0.057

0.674,1

0.203,1

0.757,1

0.079

0.525

0.036

0.006 rupinaM .51

0.603,31

0.007 – – – – –

0.742,1

0.536

0.248

5.414,1

5.987,1

5.653,1

5.431,1

0.865,1

5.624,1

5.291,1 ayalahgeM .61

0.077,6

0.08

0.068

0.194

0.035

0.514

0.235

0.535

0.044

0.034

0.034

0.062

0.009

0.37

0.424

0.071

0.002 maroziM .71

0.083,41 – – – – – –

0.055,1

0.155,2

0.458,1

0.727,1

0.127,1

0.000,1

0.228

0.531,1

0.070,1

0.059 dnalagaN .81

0.081,43

0.005,5

0.000,1

0.005,2

0.005

0.000,1

0.005,2

0.000,3

0.005

0.000,1

0.004,3

0.087,2

0.005,3

0.005,1

0.005,1

0.000,2

0.000,2 ahsidO .91

5.483,57,2

5.240,46

6.293,11

0.733,21

0.367,21

0.570,91

5.173,31

5.327,71

3.327,11

0.998,01

0.707,71

9.556,21

9.580,41

3.246,41

9.681,02

6.932,9

6.935,31 bajnuP .02

4.955,03,4

0.001,97

0.005,01

0.005,9

0.670,11

0.000,6

0.005,5

0.055,92

0.878,33

0.262,62

0.006,33

0.905,13

0.241,72

0.474,63

0.453,72

5.804,03

8.507,23 nahtsajaR .12

0.003,21 – – – – – –

0.159,1

0.619,1

0.414,1

0.115,1

0.292,1

0.908

0.880,1

0.599

0.447

0.085 mikkiS .22

2.467,40,7

7.576,90,2

0.514,8

0.057,2

0.570,8

0.000,1

0.000,6

0.005,04

0.000,05

0.525,14

5.183,64

5.852,06

5.139,84

0.781,05

8.619,74

6.194,34

5.656,93 udaN limaT .32

0.388,36,3

8.827,87,1

0.052,8

0.005,41

0.007,22

0.007,41

0.920,51

0.532,11

0.000,8

0.785,01

3.302,8

3.298,6

3.143,4

5.353,5

3.822,91

3.293,91

3.247,61 anagnaleT .42

8.883,9 – – – –

0.003

0.612,1 – – – –

0.007

0.829,2

8.245,1

0.731,1

0.099

0.575 arupirT .52

6.136,98,5

0.005,7

0.000,71

0.005,81

0.005,8

0.005,71

0.000,92

0.007,73

0.260,53

0.000,62

7.332,36

1.167,87

1.469,27

2.513,05

2.519,74

2.563,54

2.513,43 hsedarP rattU .62

0.017,65 – – – – – – –

0.003,5

0.002,3

0.002,01

0.002,8

0.005,6

0.003,6

0.066,6

0.054,5

0.009,4 dnahkarattU .72

5.146,13,5

0.019,05,1

0.000,23

0.000,92

0.000,42

0.005,22

0.086,22

0.299,42

0.825,02

0.005,81

0.093,22

0.000,42

0.000,23

0.003,42

0.114,52

5.034,43

0.000,42 lagneB tseW .82

3.554,82 – – – – – – – – –

8.931

8.353

8.226,8

8.730,7

8.355,6

8.341,3

8.306,2 rimhsaK dna ummaJ .92

5.074,55

5.701,72 –

0.004,1

3.547,3

0.267,4

0.220,4

7.727,2

0.008,3

0.505,2

0.003

0.101,5 – – – – – )TU( rimhsaK dna ummaJ .a92

9.386,9

0.052

0.002

0.002

0.053

0.003

0.524

0.056

0.007

0.094

0.578

0.050,1

0.087

0.568

0.529

9.328

0.008 yrrehcuduP .03

0.465,99,36

5.040,79,01

6.473,47,1

0.058,71,2

3.924,91,2

0.260,12,2

5.172,23,2

6.343,06,3

1.217,96,3

6.105,21,4

0.908,75,4

0.795,40,5

5.349,67,4

8.781,23,4

1.939,72,4

8.959,22,4

7.245,27,3 sTU dna etatS llA elbigilgeN/liN :’– .dedulcni ton era )YADU gnidulcxe( sdnoB laicepS dna tseretni gniraeb ton snaoL ,sdnoB noitasnepmoC :etoN .sdrocer knaB

evreseR :ecruoSState Finances : A Study of Budgets of 2025-26 158 latoT fo tnec rep sA – seitiruceS tnemnrevoG etatS gnidnatstuO fo elfiorP ytirutaM :42 tnemetatS )5202 ,13 hcraM no sa gnidnatstuO( )tnec reP( LATOT -0402 -9302 -8302 -7302 -6302 -5302 -4302 -3302 -2302 -1302 -0302 -9202 -8202 -7202 -6202 -5202 TU /setatS 4602 0402 9302 8302 7302 6302 5302 4302 3302 2302 1302 0302 9202 8202 7202 6202 81 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1

0.001

9.22

4.5

3.6

5.5

6.5

5.5

4.5

4.5

5.5

4.5

3.5

6.4

7.4

5.3

2.4

6.4 hsedarP arhdnA .1

0.001

7.31 – – – – – –

3.21

6.7

7.7

4.01

6.81

8.9

1.21

2.6

8.1 hsedarP lahcanurA .2

0.001

9.3

9.4 – – – –

4.7

8.31

0.41

9.7

5.01

9.01

0.8

3.7

5.5

9.5 massA .3

0.001

0.2

8.0

2.11 –

7.2 –

5.6

3.7

9.41

1.9

0.7

2.9

5.7

4.7

3.7

2.7 rahiB .4

0.001 – – – –

9.1 –

8.5

7.7

6.01

6.01

2.11

3.21

7.9

8.01

9.9

3.9 hragsittahhC .5

0.001 –

5.0

8.1

0.2 –

8.1

0.3

1.11

8.4

1.01

6.61

1.31

9.11

1.9

7.6

6.7 aoG .6

0.001 – – – –

5.0

5.0

1.3

0.4

6.9

3.01

2.31

2.31

6.31

7.11

7.11

6.8 tarajuG .7

0.001

7.4

3.3

6.5

7.6

7.6

2.7

4.7

5.6

8.6

7.6

6.6

6.6

3.6

3.6

2.6

5.6 anayraH .8

0.001

4.3

6.2

2.6

1.9

1.4

7.4

5.7

9.7

6.7

2.7

4.8

1.7

6.6

1.6

2.6

2.5 hsedarP lahcamiH .9

0.001 – – –

6.3

5.4

6.3

3.4

1.6

8.01

2.7

4.8

9.01

9.01

1.9

2.01

6.01 dnahkrahJ .01

0.001

3.5

3.2

3.3

3.6

9.5

6.7

0.7

9.6

5.7

6.7

3.8

5.7

1.7

7.6

1.6

5.4 akatanraK .11

0.001

3.63

0.3

8.2

4.3

2.3

2.3

6.3

9.2

4.3

3.3

0.3

9.6

4.5

1.6

9.6

6.6 alareK .21

0.001

3.82

0.4

3.4

2.4

2.4

2.4

7.4

5.4

1.5

3.5

3.4

8.4

1.4

7.5

8.6

6.5 hsedarP ayhdaM .31

0.001

3.8

9.1

8.2

3.4

3.4

9.3

4.6

8.5

8.9

6.9

7.11

7.6

5.6

0.6

7.6

5.5 arthsarahaM .41

0.001 –

8.7

9.0 –

2.5

4.11

8.5 –

5.6

7.21

2.11

1.51

4.8

5.4

4.5

2.5 rupinaM .51

0.001

3.5 – – – – –

4.9

8.4

3.6

6.01

4.31

2.01

5.8

8.11

7.01

0.9 ayalahgeM .61

0.001

2.1

7.21

3.7

8.7

1.6

9.7

9.7

5.6

4.6

4.6

8.3

3.31

1.1

3.6

5.2

0.3 maroziM .71

0.001 – – – – – –

8.01

7.71

9.21

0.21

0.21

0.7

7.5

9.7

4.7

6.6 dnalagaN .81

0.001

1.61

9.2

3.7

5.1

9.2

3.7

8.8

5.1

9.2

9.9

1.8

2.01

4.4

4.4

9.5

9.5 ahsidO .91

0.001

3.32

1.4

5.4

6.4

9.6

9.4

4.6

3.4

0.4

4.6

6.4

1.5

3.5

3.7

4.3

9.4 bajnuP .02

0.001

4.81

4.2

2.2

6.2

4.1

3.1

9.6

9.7

1.6

8.7

3.7

3.6

5.8

4.6

1.7

6.7 nahtsajaR .12

0.001 – – – – – –

9.51

6.51

5.11

3.21

5.01

6.6

8.8

1.8

0.6

7.4 mikkiS .22

0.001

8.92

2.1

4.0

1.1

1.0

9.0

7.5

1.7

9.5

6.6

6.8

9.6

1.7

8.6

2.6

6.5 udaN limaT .32

0.001

1.94

3.2

0.4

2.6

0.4

1.4

1.3

2.2

9.2

3.2

9.1

2.1

5.1

3.5

3.5

6.4 anagnaleT .42

0.001 – – – –

2.3

0.31 – – – –

5.7

2.13

4.61

1.21

5.01

1.6 arupirT .52

0.001

3.1

9.2

1.3

4.1

0.3

9.4

4.6

9.5

4.4

7.01

4.31

4.21

5.8

1.8

7.7

8.5 hsedarP rattU .62

0.001 – – – – –

0.0

0.0

3.9

6.5

0.81

5.41

5.11

1.11

7.11

6.9

6.8 dnahkarattU .72

0.001

4.82

0.6

5.5

5.4

2.4

3.4

7.4

9.3

5.3

2.4

5.4

0.6

6.4

8.4

5.6

5.4 lagneB tseW .82

0.001 – – – – – – – – –

5.0

2.1

3.03

7.42

0.32

0.11

2.9 rimhsaK dna ummaJ .92

0.001

9.84 –

5.2

8.6

6.8

3.7

9.4

9.6

5.4

5.0

2.9 – – – – – )TU( rimhsaK dna ummaJ .a92

0.001

6.2

1.2

1.2

6.3

1.3

4.4

7.6

2.7

1.5

0.9

8.01

1.8

9.8

6.9

5.8

3.8 yrrehcuduP .03

0.001

1.71

7.2

4.3

4.3

5.3

6.3

6.5

8.5

4.6

2.7

9.7

5.7

8.6

7.6

6.6

8.5 sTU dna etatS llA .elbigilgeN/liN :’– .dedulcni ton era )YADU gnidulcxe( sdnoB laicepS dna tseretni gniraeb ton snaoL ,sdnoB noitasnepmoC :etoN .sdrocer knaB

evreseR :ecruoSStatements 159 slliB yrusaerT ni gnidnatstuO tnemtsevnI :52 tnemetatS )hcraM–dne ta sA( )erorC ₹( *6202 5202 4202 3202 2202 1202 0202 9102 TU/etatS BTA BTI BTA BTI BTA BTI BTA BTI BTA BTI BTA BTI BTA BTI BTA BTI 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1 – – – – – – –

0.739 –

0.477,1 –

2.647 –

7.631,5 – – hsedarP arhdnA .1

0.008,01

5.084,6

0.003,1

1.833,5 –

1.035,4

0.001

5.749,2 –

6.293,4 –

5.996,1 –

1.614,1 –

1.376 hsedarP lahcanurA .2 –

0.246 –

4.530,3 –

1.901,4 –

9.666,1 –

1.592,8 –

3.509,6 –

6.239,2 –

8.323,8 massA .3

3.000,71

8.635,21

0.000,42

0.725,51

0.002

8.365,62 –

7.460,41 –

1.560,22 –

5.128,71 –

6.385,71 –

7.687,41 rahiB .4

1.944,41

7.182,4

8.494,4

4.137,3

7.068,3

2.539,5

5.700,4

5.484

0.003,4

8.543,3

6.706,4

1.093,3

0.000,5

2.052,5 –

7.277,9 hragsittahhC .5 –

2.745 –

6.851,1 –

7.434,1 –

0.504 –

0.406 –

4.758 –

3.243 –

5.243 aoG .6

0.000,4

8.878,4 –

3.663,51 –

9.625,42 –

0.324,52 –

5.828,21 –

2.274,01 –

4.982,9 –

5.738,5 tarajuG .7 –

1.597 –

3.173,1 –

7.881,1 –

2.622,1 –

6.315,2 –

8.084,1 –

0.942,2 –

7.736 anayraH .8 – – – – –

8.754,1 –

2.546,3 –

1.865,2

0.008

7.209 –

1.289 –

1.201 hsedarP lahcamiH .9 –

5.718,1

0.087 –

0.057

3.411,8 –

4.941,5 –

6.084,4 –

2.118,2 –

6.070,3 –

9.761 dnahkrahJ .01

9.059,03

6.600,41

2.240,22

2.536,24

8.383,62

1.715,24

2.194,42

8.417,42

0.000,02

2.961,21 –

5.657,12 –

1.256,31 –

1.941,5 akatanraK .11 – – –

2.670,2 –

3.350,4 –

3.690,7 –

0.332,5 –

6.908,2 – – –

2.881 alareK .21

0.003,1

5.382,41

0.005,1

5.745,81 –

1.080,81 –

4.161,32 –

6.054,71 –

2.997,02 –

3.082,11 –

4.156,8 hsedarP ayhdaM .31 –

5.984,61 –

5.111,61 –

1.356,02

0.000,2

4.187,82

0.000,21

2.886,8

0.000,4

3.582,42 –

7.911,41

0.000,62

3.173,9 arthsarahaM .41 – – – – – – – – – – – – –

0.85 – – rupinaM .51 – – – – – – –

9.97 –

9.61 –

0.78 –

2.708 –

7.570,1 ayalahgeM .61 –

1.583 –

4.990,1 –

7.025 –

3.402 –

5.273 –

3.561 –

2.592 –

0.361 maroziM .71 – – – – –

8.435 – – –

4.584 – – – – –

0.531 dnalagaN .81

0.562,81

3.504,81

0.152,21

6.605,5

0.217,4

7.324,51

0.394,61

1.846,7

0.375,82

2.025,81

0.566,11

4.072,41

0.073,71

7.330,8

0.001,51

8.449,8 ahsidO .91 – – – – – – –

3.509 –

5.032,2 –

4.807,6 –

5.308 –

5.864 bajnuP .02

0.003,6 –

0.057,7

5.997

0.053,01

3.726

0.009,7

1.301

0.001,7

8.814,7

0.000,2

0.044,4

0.008,1

6.708,5

0.297,3

3.451,2 nahtsajaR .12

3.557,9

0.612,21

3.313,4

2.826,5

7.678,3

1.231,01

0.693,2

7.451,41

1.661,31

5.709,41

7.314,71

0.946,5

8.336,8

3.171,01

1.743,72

0.830,11 udaN limaT .32 – – – – – – –

6.482,2 –

5.55 –

1.208,1 –

9.019,6 –

4.195,1 anagnaleT .42 –

6.240,1 –

5.475

0.52

7.550,2

0.524

3.014,1

0.004,1

4.869,1 –

6.025,2 –

1.339

0.008

1.234 arupirT .52

0.000,53

5.568,31

0.000,5

7.792,52 –

2.589,94 –

8.579,52 –

0.055,04 –

9.381,92 –

0.088,91 –

4.534,52 hsedarP rattU .62 – – – – – – –

7.356 –

7.830,2 –

6.239,1 – – –

9.742 dnahkarattU .72

0.000,8

5.925,91

0.000,4

3.884,32 –

1.233,32 –

7.146,81 –

2.073,02 –

7.842,12 –

4.071,31 –

2.989,5 lagneB tseW .82 –

4.956 – – –

0.151 – – – – – – – – – – rimhsaK dna ummaJ .92

0.053,2

4.941

0.053,1

5.977

0.001,1

1.878

0.001,1

0.399

8.068

8.829

8.608

9.384

3.007

7.185

3.888

9.404 yrrehcuduP .03

6.071,85,1

9.110,34,1

3.187,88

0.270,88,1

2.852,15

7.408,66,2

7.219,85

8.757,21,2

9.993,78

0.272,61,2

1.392,14

5.922,50,2

1.405,33

3.757,45,1

4.729,37

0.480,22,1 sTU dna setatS llA .slliB yrusaerT noitcuA :BTA .slliB yrusaerT etaidemretnI :BTI .liN : ’–‘ .5202 ,61 rebmeceD no sA* .sdrocer knaB

evreseR :ecruoSState Finances : A Study of Budgets of 2025-26 160 erutidnepxE etagerggA fo tnec rep sA – *noitacudE no erutidnepxE :62 tnemetatS )tnec reP( 62-5202 52-4202 42-3202 32-2202 22-1202 12-0202 02-9102 91-8102 81-7102 71-6102 61-5102 51-4102 41-3102 31-2102 21-1102 11-0102 01-9002 90-8002 TU/etatS )EB( )ER( 91 81 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1

9.01

6.11

4.21

6.11

5.31

9.21

3.51

9.11

6.31

6.21

6.41

6.21

7.31

9.21

0.31

5.21

0.01

0.9 hsedarP arhdnA .1

8.8

2.11

8.01

6.11

4.11

9.8

9.11

8.01

3.21

3.21

6.11

2.31

5.11

2.21

4.11

8.01

2.21

4.11 hsedarP lahcanurA .2

8.61

1.61

3.81

4.61

5.71

7.02

4.91

8.12

6.12

0.22

5.52

7.42

6.22

6.02

3.02

0.22

4.61

8.81 massA .3

0.02

8.22

4.71

5.81

4.81

5.61

4.81

2.81

2.81

0.61

1.71

5.71

7.81

9.02

0.71

3.61

1.81

5.81 rahiB .4

2.51

5.41

8.31

8.61

9.61

8.61

0.81

4.71

5.81

6.91

6.81

2.02

0.81

3.61

7.71

6.81

6.51

4.41 hragsittahhC .5

7.21

2.31

4.41

8.21

7.21

3.41

1.51

2.61

2.41

3.41

3.41

1.51

7.51

4.51

8.41

4.51

1.41

3.31 aoG .6

3.31

9.31

8.31

9.41

2.31

6.31

7.31

0.41

1.41

5.41

2.51

2.51

0.51

3.41

8.51

9.51

8.31

7.11 tarajuG .7

4.01

0.11

5.01

5.21

2.21

0.31

5.31

2.31

4.31

7.31

3.21

9.61

4.51

4.51

0.61

3.71

3.61

0.51 anayraH .8

5.71

2.51

6.51

8.61

7.51

7.51

2.61

5.61

6.71

2.51

3.61

7.71

8.71

3.71

8.71

9.71

3.61

2.61 hsedarP lahcamiH .9

4.21

5.11

7.11

8.31

5.41

7.31

1.41

5.21

3.21

9.31

2.21

6.41

5.31

8.41

9.51

8.51

4.51

6.81 dnahkrahJ .01

0.01

1.01

5.01

3.11

2.11

8.01

4.21

4.11

0.21

5.21

6.31

3.41

0.51

5.51

7.41

6.51

0.41

1.61 akatanraK .11

9.11

8.11

4.21

6.21

3.41

4.11

2.51

1.51

3.61

2.61

0.61

4.61

2.71

2.71

7.71

0.71

8.61

7.61 alareK .21

8.21

8.21

5.31

0.31

9.21

4.41

8.51

9.41

4.41

0.41

3.41

8.41

4.51

2.31

4.21

2.41

0.31

8.21 hsedarP ayhdaM .31

0.41

2.31

4.61

7.51

8.51

6.51

2.71

6.51

0.71

7.71

2.91

2.91

5.02

7.02

2.02

8.02

1.91

0.71 arthsarahaM .41

4.21

5.11

2.41

3.21

4.11

7.01

7.21

4.21

3.21

2.21

5.21

0.41

8.21

7.11

6.01

7.01

9.11

0.21 rupinaM .51

8.31

1.41

9.31

8.51

6.31

6.41

4.81

3.71

8.71

1.61

2.61

1.71

6.61

8.51

3.71

1.61

8.41

8.21 ayalahgeM .61

9.31

5.51

8.31

7.41

4.51

4.51

7.41

2.51

3.41

8.51

6.71

4.71

1.71

7.51

7.51

9.41

9.41

1.41 maroziM .71

5.31

3.31

2.31

7.31

2.41

4.31

2.21

0.41

6.21

9.21

0.41

7.31

3.51

2.31

1.21

4.31

3.11

2.11 dnalagaN .81

9.21

4.21

4.31

9.31

8.21

4.41

4.41

9.41

9.41

0.41

6.41

5.51

0.51

5.51

4.61

3.81

2.81

9.61 ahsidO .91

3.9

8.8

6.8

2.8

4.01

7.11

4.01

8.11

0.31

6.8

0.41

3.41

2.41

3.51

8.41

7.11

2.21

3.11 bajnuP .02

4.61

5.71

2.71

2.71

3.61

1.71

2.61

3.71

1.51

2.51

5.21

7.61

3.61

1.61

8.71

1.91

0.91

9.71 nahtsajaR .12

9.31

5.41

7.61

6.51

8.71

6.71

7.81

3.51

6.51

1.71

6.71

8.51

6.51

0.51

0.41

3.71

4.21

6.01 mikkiS .22

9.11

3.11

7.11

8.21

3.21

3.31

0.51

9.31

4.41

0.31

5.51

8.51

0.61

7.41

3.41

2.51

2.51

1.31 udaN limaT .32

8.7

1.8

5.8

7.8

9.7

1.8

8.8

7.8

4.01

0.01

9.01

2.11 – – – – – – anagnaleT .42

2.21

1.31

2.21

7.11

0.31

2.51

4.71

7.71

5.81

8.51

5.51

5.51

4.61

9.51

0.71

2.71

2.61

4.41 arupirT .52

0.31

6.21

8.21

8.31

6.31

5.41

6.41

4.21

8.41

7.61

5.51

0.51

0.61

3.71

1.71

1.61

8.31

2.31 hsedarP rattU .62

3.51

4.61

4.61

5.71

3.71

2.81

4.91

3.81

1.81

4.81

6.71

0.91

3.02

7.02

1.22

5.32

6.22

2.81 dnahkarattU .72

5.31

8.41

7.31

1.51

5.41

9.61

8.51

6.41

9.31

1.51

2.51

2.71

2.71

1.81

1.91

7.91

7.71

1.31 lagneB tseW .82

5.31

7.31

4.41

8.51

3.51

9.51

8.41

2.61

4.41

6.21

5.41

6.21

0.31

1.21

6.21

7.21

3.11

0.01 rimhsaK dna ummaJ .92

0.91

9.22

3.22

9.12

2.12

3.02

1.32

8.22

2.42

2.42

8.12

2.12

1.81

3.81

0.81

3.61

3.61

8.51 ihleD TCN .03

5.01

9.9

1.11

6.01

8.9

0.11

5.01

6.11

2.11

6.21

7.11

8.11

9.11

5.41

0.31

2.31

2.31

4.21 yrrehcuduP .13

1.31

4.31

5.31

0.41

9.31

3.41

1.51

4.41

0.51

7.41

3.51

0.61

5.61

4.61

3.61

6.61

3.51

3.41 sTU dna setatS llA

5.2

5.2

4.2

5.2

5.2

7.2

6.2

5.2

6.2

6.2

6.2

6.2

5.2

5.2

5.2

5.2

4.2

3.2 sTU dna setatS llA )PDG fo tnec reP( .elbaliava toN/elbacilppa toN :’–‘ .setamitsE tegduB :EB .setamitsE desiveR :ER .yaltuo latipac dna erutidnepxe eunever rednu erutluC dna trA ,stropS no erutidnepxe sedulcnI :

* .osla yrrehcuduP dna ihleD edulcni sdrawno 81-7102 morf ataD :etoN .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :ecruoSStatements 161 – *erafleW ylimaF dna htlaeH cilbuP dna lacideM no erutidnepxE :72 tnemetatS erutidnepxE etagerggA fo tnec rep sA )tnec reP( 62-5202 52-4202 42-3202 32-2202 22-1202 12-0202 02-9102 91-8102 81-7102 71-6102 61-5102 51-4102 41-3102 31-2102 21-1102 11-0102 01-9002 90-8002 TU/etatS )EB( )ER( 91 81 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1

1.6

3.6

0.6

1.5

9.5

1.5

3.4

5.4

3.4

7.4

5.4

1.4

3.4

2.4

4.4

1.4

9.3

6.3 hsedarP arhdnA .1

2.3

2.5

7.5

1.6

0.6

1.5

1.6

0.6

4.6

8.5

3.4

6.6

4.4

3.4

4.4

3.4

2.4

3.4 hsedarP lahcanurA .2

7.5

0.6

6.5

7.5

0.7

9.7

5.6

5.6

8.6

6.5

8.6

2.4

6.4

6.4

9.4

2.5

7.5

0.5 massA .3

1.6

8.5

2.5

1.5

0.6

5.5

3.5

7.4

5.4

3.4

1.4

8.3

2.3

5.3

5.3

3.3

5.3

5.3 rahiB .4

4.6

5.6

5.4

1.6

9.6

5.6

1.5

0.5

9.5

6.5

1.5

9.4

9.3

7.3

8.3

6.3

7.3

5.3 hragsittahhC .5

4.7

9.7

8.7

3.7

4.8

4.8

7.7

7.6

9.6

1.6

5.5

6.5

7.5

8.5

8.5

6.5

3.5

4.5 aoG .6

2.6

6.6

9.5

6.5

7.6

6.5

6.5

6.5

4.5

7.5

6.5

5.5

9.4

7.4

2.4

2.4

8.3

1.3 tarajuG .7

7.4

0.5

4.4

2.5

2.5

2.5

5.4

1.4

7.3

7.3

1.3

0.4

6.3

4.3

1.3

2.3

4.3

9.2 anayraH .8

8.5

1.6

9.5

9.6

2.6

9.5

8.5

9.5

8.5

2.5

2.5

4.5

1.5

9.4

8.4

1.5

8.4

5.4 hsedarP lahcamiH .9

1.5

0.5

1.5

8.5

2.6

5.5

4.4

2.5

2.4

2.4

0.4

0.4

8.3

1.3

8.3

1.4

4.4

1.5 dnahkrahJ .01

6.4

2.4

2.4

3.4

6.5

0.5

1.4

4.4

4.4

1.4

1.4

5.4

1.4

1.4

9.3

9.3

6.3

8.3 akatanraK .11

9.4

8.4

3.5

7.5

8.6

9.5

1.6

5.5

5.5

6.5

2.5

3.5

2.5

2.5

4.5

1.5

8.4

8.4 alareK .21

9.5

8.5

4.5

2.5

3.5

6.4

0.5

2.4

4.4

8.3

4.4

3.4

8.3

0.4

2.3

6.3

3.3

4.3 hsedarP ayhdaM .31

1.4

8.4

3.4

9.3

8.4

3.4

0.4

0.4

3.4

2.4

5.4

3.4

9.3

9.3

6.3

6.3

3.3

5.3 arthsarahaM .41

4.5

1.5

5.5

2.7

6.6

3.6

5.5

1.5

2.5

8.4

4.5

5.6

7.5

9.4

7.5

0.5

4.4

5.3 rupinaM .51

3.7

3.7

0.7

6.7

6.9

8.8

9.7

8.8

2.7

8.6

6.7

5.7

6.6

5.6

4.5

2.6

0.6

4.4 ayalahgeM .61

5.5

7.6

1.5

2.6

1.7

7.5

2.5

0.6

0.6

3.5

8.5

2.5

7.4

1.4

2.4

2.4

1.7

1.6 maroziM .71

8.4

6.4

7.4

3.7

4.6

4.5

9.4

7.4

1.5

8.4

1.5

1.5

2.4

1.4

3.4

3.4

9.3

8.3 dnalagaN .81

9.7

4.8

8.7

8.6

8.6

3.6

9.4

0.5

1.5

4.5

7.4

9.4

5.3

7.3

2.3

5.3

8.3

5.3 ahsidO .91

2.3

0.3

7.2

7.2

2.3

7.3

3.3

7.3

8.3

8.2

1.4

4.4

1.4

3.4

3.4

3.3

2.3

0.3 bajnuP .02

6.7

6.7

1.7

8.5

5.6

0.6

7.5

8.5

6.5

1.5

6.4

6.5

0.5

8.4

1.5

8.4

8.4

8.4 nahtsajaR .12

8.4

7.5

6.6

2.6

4.7

0.8

8.5

9.5

7.7

9.5

8.5

4.5

7.5

2.6

7.5

4.4

5.3

0.3 mikkiS .22

4.4

9.4

4.4

0.5

0.6

0.6

8.4

1.5

1.5

2.4

9.4

7.4

5.4

4.4

0.4

8.4

8.4

7.3 udaN limaT .32

2.4

2.4

1.4

1.4

8.3

8.3

3.4

0.4

2.4

1.4

9.3

1.4 – – – – – – anagnaleT .42

8.5

9.5

6.5

4.5

4.6

7.5

0.6

7.6

3.6

5.5

3.5

1.6

2.5

4.4

3.5

4.4

8.4

8.4 arupirT .52

1.6

4.5

1.5

2.6

3.5

7.5

2.5

6.4

3.5

9.4

5.4

1.5

6.4

0.5

4.4

8.4

0.5

7.4 hsedarP rattU .62

8.5

0.6

4.7

1.7

0.6

4.5

2.5

2.5

4.4

8.4

0.5

5.5

9.4

9.4

9.4

9.4

9.3

5.4 dnahkarattU .72

9.5

8.6

0.6

1.6

4.6

1.6

3.5

8.4

9.4

2.5

6.5

2.5

5.4

2.4

8.4

8.4

8.4

6.3 lagneB tseW .82

8.7

9.6

2.6

8.7

5.7

4.7

5.6

6.6

6.5

6.5

7.5

6.5

4.5

1.5

2.5

1.5

2.5

8.4 rimhsaK dna ummaJ .92

9.21

3.21

5.11

9.21

8.41

2.21

2.11

9.11

6.11

8.01

3.01

7.11

7.8

2.9

9.9

3.9

0.8

2.8 ihleD TCN .03

0.8

3.8

8.7

9.7

4.7

4.7

2.9

9.7

4.7

0.8

3.8

9.7

1.7

4.8

9.8

1.7

7.7

1.6 yrrehcuduP .13

7.5

7.5

3.5

4.5

9.5

6.5

1.5

0.5

0.5

6.4

7.4

8.4

4.4

3.4

2.4

2.4

2.4

9.3 sTU dna setatS llA

1.1

1.1

9.0

0.1

1.1

0.1

9.0

9.0

9.0

8.0

8.0

8.0

7.0

7.0

6.0

6.0

7.0

6.0 sTU dna setatS llA )PDG fo tnec reP( .elbaliava toN/elbacilppa toN :’–‘ .setamitsE tegduB :EB .setamitsE desiveR :ER .yaltuo latipac dna erutidnepxe eunever sedulcni

tI :* .osla yrrehcuduP dna ihleD edulcni sdrawno 81-7102 morf ataD :etoN .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :ecruoSState Finances : A Study of Budgets of 2025-26 162 stnemnrevoG etatS fo seetnarauG gnidnatstuO :82 tnemetatS )hcraM–dne ta sA( )erorC ₹( 6202 5202 4202 3202 2202 1202 0202 9102 8102 7102 6102 5102 4102 3102 2102 1102 0102 9002 TU/etatS )EB( )ER( 91 81 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1 – –

1.797,45,1

0.639,91,1

1.305,71,1

3.639,80,1

8.287,77

5.252,45

1.469,53

9.466,9

5.850,7

3.576,01

2.351,13

8.658,41

2.682,21

1.092,21

1.531,31

6.279,51 hsedarP arhdnA .1

5.71

0.91

6.02

7.8

0.1

0.1

1.1

0.1

0.1

0.1

0.1

0.1

6.1

6.1

6.1 –

9.0

6.0 hsedarP lahcanurA .2

1.096,2

3.142,2

5.661,1

8.113

7.77

4.38

0.58

2.09

0.031

1.341

1.341

6.98

2.411

0.952 –

5.892

9.597 massA .3

2.943,82

0.722,42

3.517,62

7.652,52

9.456,42

0.080,61

6.973,5

9.793,5

5.471,5

6.736,4

6.838,4

7.841,2

8.102,1

8.002,1

7.591,1

0.236

7.879

2.447 rahiB .4

5.585,91

0.891,91

5.098,12

5.759,02

9.994,91

1.638,91

4.954,81

3.077,01

9.188,3

0.389,3

2.889,1

5.413,2

3.853,3

9.496,2

1.456,2

5.948,2

3.173,3

2.598 hragsittahhC .5 – – – – – – – –

9.047 – – – – – – – – – aoG .6

0.000,02

0.364,1

0.364,1

0.374,1

0.980,3

0.196,3

0.494,4

0.337,4

0.438,4

1.408,4

2.632,5

8.389,5

3.945,6

0.591,6

7.844,7

8.066,8

8.666,9

8.620,01 tarajuG .7 – –

8.412,42

1.850,32

6.243,42

2.350,32

6.737,02

9.912,81

7.731,41

9.342,8

3.678,61

7.783,03

1.603,72

8.237,02

5.106,5

6.725,4

0.635,4

4.575,4 anayraH .8 – –

8.447,1

6.087,1

6.488,1

8.141,2

0.088,1

9.677,1

8.603,4

4.055,4

4.417,3

3.182,4

9.233,4

4.353,3

4.613,3

9.909,3

2.949,1

8.092,2 hsedarP lahcamiH .9

4.328,2

4.899,4

4.899,4

4.899,4

4.222,4

4.022,2

4.355,1

2.751

2.751

2.751

2.751

2.751

2.751

0.005 dnahkrahJ .01 –

0.172,64

0.742,44

0.653,83

0.291,33

0.337,23

0.038,62

4.190,42

6.514,81

4.293,51

4.423,31

8.230,11

7.287,7

8.786,6

5.936,6

7.716,6

1.302,7

0.396,8 akatanraK .11 – –

1.868,26

5.473,05

9.963,44

0.106,63

0.757,72

7.438,62

5.653,71

6.542,61

5.834,21

9.621,11

4.367,9

5.990,9

4.772,8

8.524,7

0.594,7

3.306,7 alareK .21 –

5.007,34

1.155,54

5.887,93

5.500,53

3.799,63

6.929,03

8.619,03

1.157,03

8.693,33

4.035,72

3.421,02

6.779,9

5.917,7

0.506,5

5.011,5

6.926,1

1.039,1 hsedarP ayhdaM .31 – –

9.342,97

8.236,94

4.362,15

3.316,04

1.971,14

9.431,52

7.756,62

8.503,7

1.708,7

5.999,7

6.432,7

7.542,9

9.040,51

9.040,51

1.386,24

6.074,15 arthsarahaM .41

6.284,1

6.284,1

6.284,1

2.771,1

1.048,1

3.895

6.114

1.574

7.315

4.304

5.933

0.391

3.512

4.191

4.571 –

8.491

6.372 rupinaM .51 –

8.509,2

2.809,2

5.779,2

6.950,3

0.160,3

1.021,1

3.051,1

2.418

1.389

2.240,1

8.371,1

6.016,1

2.582,1

2.392,1

8.011,1

7.359

3.099 ayalahgeM .61

5.94

5.94

5.94

5.86

7.37

3.68

8.0

2.47

6.98

0.421

2.001

9.69

4.801

1.322

2.232

8.201

8.201

0.021 maroziM .71 – –

4.342

0.091

0.091

0.941

6.052

1.917,01

3.811

2.18

2.07

2.07

2.07

2.07

2.56

4.64

9.01 dnalagaN .81 –

0.143,2

4.534,3

9.431,5

9.041,6

4.860,7

5.235,3

1.961,4

5.017,1

1.652,2

3.092,1

8.176,1

3.507,1

2.152,2

4.015,2

2.660,2

9.620,1

4.683,1 ahsidO .91 –

5.221,13

2.196,22

9.702,02

3.224,02

6.127,91

5.152,22

0.877,4

9.562,12

2.806,02

6.157,65

3.398,66

2.208,85

1.201,85

8.317,54

8.233,04

8.492,33

3.868,52 bajnuP .02 – –

5.819,01,1

4.238,40,1

1.868,59

5.216,28

3.136,08

1.034,07

9.067,16

9.851,15

1.026,35

8.775,49

3.119,58

4.645,57

1.117,06

9.196,05

9.860,93

5.567,72 nahtsajaR .12

0.123,4

0.123,4

0.123,4

7.344,4

4.878,4

2.448,3

3.947,3

0.554,3

8.465

5.144

2.98

1.211

1.221

7.781

2.461

4.672

6.77

0.57 mikkiS .22 – –

9.962,22,1

2.907,09

4.579,19

0.956,56

9.813,74

1.166,34

9.716,43

3.541,92

7.585,15

6.796,35

3.994,94

5.070,42

3.157,9

8.459,51

8.692,6

6.236,4 udaN limaT .32

0.825,14,2

0.825,14,2

0.226,02,2

2.507,41,2

5.282,53,1

7.600,50,1

8.006,98

9.413,77

0.008,93

8.469,92

7.816,62

2.562,81 – – – – – – anagnaleT .42

1.327

1.357

2.206

9.975

3.436

4.177

6.437

5.4

7.723

5.213

8.782

5.142

8.781

3.391

7.511

6.53

5.92

5.92 arupirT .52 – –

8.993,36,1

5.087,07,1

1.507,17,1

7.538,35,1

2.818,31,1

9.548,90,1

6.745,09

5.528,55

4.816,75

6.937,07

3.228,26

7.633,34

0.257,12

0.261,02

1.830,02

0.480,61 hsedarP rattU .62 – –

0.711

3.473

7.827

4.285

2.113,1

2.371,1

0.852,1

3.347,1

9.138,1

6.474,1

1.075,1

4.937,1

0.115,1

0.115,1

6.108,1 dnahkarattU .72 –

2.507,71

7.938,21

9.551,31

6.488,61

7.727,7

2.212,8

3.395,6

5.145,8

2.718,7

6.758,8

0.683,9

4.546,4

1.648,8

1.122,01

3.489,11

3.493,01

5.610,21 lagneB tseW .82 – –

0.584,42

9.768,42

8.823,21

0.153,5

0.153,5

0.123,5

9.536,2

9.628,2

6.958,2

4.417,2

7.016

3.890,2

1.807,2

9.630,3

8.635,2 rimhsaK dna ummaJ .92 – – – – – – – – – – – – – – – – – – ihleD TCN .03 –

0.42

0.42 –

0.13

0.04

3.44

7.15

7.15 – –

3.0 – – – – – – yrrehcuduP .13

7.978,81,3

5.997,44,4

2.882,06,11

2.537,03,01

0.920,12,9

5.342,97,7

5.321,33,6

9.008,73,5

6.786,92,4

3.825,11,3

6.559,36,3

5.681,82,4

1.797,87,3

8.345,89,2

4.968,42,2

0.840,41,2

3.484,90,2

2.875,89,1 sTU dna setatS llA

9.0

3.1

9.3

8.3

9.3

9.3

1.3

8.2

5.2

0.2

6.2

4.3

4.3

0.3

6.2

8.2

3.3

6.3 PDG fo tnec reP elbaliava toN/elbacilppa toN :’–‘ .setamitsE tegduB :EB .setamitsE desiveR :ER .stropeR ecnaniF esiw–etats s’GAC dna sTU gnidulcni stnemnrevog etatS eht morf deviecer noitamrofnI :ecruoSStatements 163 seiralaS dna segaW no erutidnepxE :92 tnemetatS )erorC ₹( 62-5202 52-4202 42-3202 32-2202 22-1202 12-0202 02-9102 91-8102 81-7102 71-6102 61-5102 51-4102 41-3102 31-2102 21-1102 11-0102 01-9002 90-8002 TU/etatS )EB( )ER( 91 81 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1 – – –

8.028,34

0.062,94

9.820,54

8.376,24

4.347,23

5.518,23

0.035,23

0.074,72

9.639,72

0.053,23

0.077,52

0.028,62

0.044,32

0.014,71

0.082,41 hsedarP arhdnA .1

1.169,31

8.332,8

8.262,7

1.097,6

1.865,5

3.675,5

4.524,5

8.107,4

6.434,4 – – – –

0.032,2

0.040,2 – – – hsedarP lahcanurA .2

4.771,04

0.713,73

5.608,92

0.868,03

5.955,82

1.722,72

3.800,72

8.771,62

4.760,62

0.005,91

0.084,81

0.085,71 –

0.045,31

0.056,11 – – – massA .3

2.359,55

7.896,05

0.560,03

7.723,62

8.389,42

7.889,22

9.796,12

1.298,02

2.744,81

0.054,61 –

1.781,51 –

0.089,31

0.005,21 – – – rahiB .4

9.449,63

1.792,13

6.404,82

2.468,52

8.916,32

9.834,42

7.053,12

9.624,71

8.381,31

0.024,11

0.068,01

3.300,01

0.041,9

0.096,7

0.044,7

0.014,6

0.041,11

0.076,3 hragsittahhC .5 – – – –

7.175,3

1.819,2

5.897,2

2.728,2

0.031,2 – – – – – – – – aoG .6

5.843,35

5.721,94

8.667,74

0.755,14

0.594,53

0.086,23

0.548,13

0.275,03

0.681,82

0.035,32

0.070,22

0.059,02 –

0.046,81

0.064,71

0.078,51

0.052,01

0.066,8 tarajuG .7

7.479,13

2.581,92

7.591,62

6.426,42

6.775,43

0.449,13

3.879,02

6.852,91

3.452,71

0.087,51 –

3.692,31

0.092,11

0.026,01

0.006,9

0.025,9

0.013,8

0.053,6 anayraH .8

2.900,51

4.062,41

7.419,31

2.524,41

1.190,11

5.346,01

6.443,01

9.118,9

9.854,9

0.024,8

0.020,7

2.861,7

0.092,6

0.064,5

0.092,5

0.080,4

0.044,3 hsedarP lahcamiH .9

8.365,12

5.166,91

2.873,61

4.446,41

8.054,41

8.603,31

7.602,31

0.831,21

7.987,01

0.039,8

0.022,8

0.026,7

0.077,6

0.054,6

0.062,6 –

0.054,5 – dnahkrahJ .01

6.958,58

1.268,17

8.794,16

0.160,05

0.940,74

0.967,34

9.447,24

0.008,13

0.748,22

0.005,12

0.094,12

0.737,91

0.018,71

0.080,61

0.045,11

0.090,11

0.003,01

0.039,9 akatanraK .11

5.958,54

1.346,24

2.131,04

4.305,93

2.419,54

4.258,82

6.340,33

8.796,23

1.943,23

0.074,82

0.038,32

1.986,12

0.026,91

0.065,71

0.092,61

0.012,11

0.039,9

0.081,9 alareK .21

3.367,07

1.960,16

9.670,25

5.605,84

8.966,24

6.790,24

1.878,23

9.914,03

5.466,52

0.039,22

0.078,12

0.062,12

0.073,81

0.022,61

0.090,51

0.092,31

0.016,01

0.055,8 hsedarP ayhdaM .31 – – – – –

3.316,60,1

4.089,10,1

0.602,08

5.967,57

0.080,27 –

2.565,26

0.041,06

0.017,35

0.008,54

0.050,24

0.092,14

0.021,23 arthsarahaM .41

7.495,6

3.503,6

7.764,5

2.123,5

9.285,4

9.294,4

8.979,3

4.266,3

4.125,3

0.089,2 – – –

0.063,2

0.022,2 –

0.051,1

0.090,1 rupinaM .51

0.610,5

3.867,4

8.482,4

0.601,4

3.597,3

4.283,3

6.348,4

0.836,4

7.444,3

0.098,3 – – – –

0.046,1

0.094,1 – – ayalahgeM .61

0.146,4

1.177,4

6.715,4

0.304,4

2.770,4

7.880,4

5.141,4

0.635,3

2.623,2

0.014,2 – – – – –

0.034,1 – – maroziM .71

1.925,7

4.800,7

9.066,6

3.641,6

8.627,5

2.185,5

8.942,5

7.248,4

3.501,4

0.018,3 – – –

0.076,1

0.003,2

0.080,2

0.094,1

0.092,1 dnalagaN .81

7.466,54

1.526,44

2.439,53

1.679,13

6.274,92

2.617,72

1.387,62

3.643,52

1.453,22

0.002,91

0.046,71

2.006,51

0.069,21

0.076,11

0.008,01

0.067,01

0.082,9

0.005,7 ahsidO .91

9.724,63

4.335,43

2.647,33

9.071,23

8.580,82

3.965,52

4.386,42

4.423,42

0.112,32

0.037,12 –

4.433,61

0.067,71

0.089,61

0.004,21 – – – bajnuP .02

7.509,38

1.423,67

2.665,56

6.719,95

4.752,75

0.567,15

8.712,94

7.659,94

1.157,73

0.051,03

0.010,62

6.516,32 –

0.006,71

0.058,51

0.075,41

0.030,41

0.007,11 nahtsajaR .12

4.396,4

5.322,4

3.446,3

0.226,3

3.360,3

2.570,3

1.825,2

3.762,2

3.857,1

0.086,1

9.605,1 –

0.091,1

0.011,1 – – – mikkiS .22

0.464,09

8.954,18

4.030,57

2.885,86

0.526,06

0.373,75

3.928,75

3.535,25

0.189,44

0.021,04

0.031,73

3.070,73

0.068,13

0.006,72

0.008,62

0.038,32

0.094,91

0.000,61 udaN limaT .32

0.443,36

0.794,75

0.809,06

5.161,63

1.189,62

0.207,12

2.803,42

4.103,12

3.318,32

0.074,91

0.053,81

4.108,01 – – – – – – anagnaleT .42

0.091,8

0.208,7

1.026,6

5.420,6

2.337,5

5.745,5

3.749,5

5.630,2

6.672,5 – – – –

0.074,2

0.013,2 – – – arupirT .52

1.098,19,1

5.972,15,1

7.418,03,1

5.550,22,1

0.731,90,1

8.235,79

8.135,35

4.082,94

0.114,44

0.073,83

0.025,43

4.676,23

0.090,03

0.051,92

0.023,72 –

0.053,33

0.068,32 hsedarP rattU .62 – – –

0.471,61

4.115,41

3.398,31

5.450,31

8.523,31

3.787,11

0.096,9 –

9.612,8

0.072,7

0.017,6

0.080,6 –

0.088,4

0.068,2 dnahkarattU .72

6.923,37

1.008,96

6.499,26

8.503,06

8.873,95

7.956,65 –

0.345,14

0.308,73 – –

1.589,03

0.034,92

0.043,82

0.089,62

0.059,42

0.023,12

0.077,31 lagneB tseW .82

0.498,32

0.039,72

0.183,92

0.838,72 –

0.358,32

0.971,13

0.041,82

0.196,92

0.021,51 –

0.964,11 – – – – – – rimhsaK dna ummaJ .92

7.510,91

5.993,61

4.270,51

9.658,41

3.878,21

2.018,11

0.070,11

7.423,01

6.980,9 –

0.052,6

3.465

0.091,5

0.067,4 – – – – ihleD TCN .03

6.666,2

7.885,2

5.534,2

2.563,2

8.571,2

0.809,1

9.929,1

5.508,1

2.976,1 – –

6.373,1 –

0.022,1 – –

0.020,1

0.009 yrrehcuduP .13

8.186,83,11

2.176,21,01

7.875,69,8

4.520,96,8

7.027,09,7

4.886,45,8

7.273,82,7

0.115,09,6

3.890,72,6

0.092,29,4

0.012,10,3

3.702,53,4

0.050,01,3

0.005,06,3

0.067,32,3

0.082,71,2

0.087,43,2

0.051,57,1 sTU dna setatS llA

2.3

1.3

0.3

2.3

4.3

3.4

6.3

7.3

7.3

2.3

2.2

5.3

8.2

6.3

7.3

8.2

7.3

2.3 PDG fo tnec reP .elbacilppa toN/elbaliava toN : ’–‘ .setamitsE desiveR :ER .setamitsE tegduB :EB .setamitse tegduB era 01-9002 elihw setamitsE desiveR ot setaler 90-8002 rof dnahkarattU dna arthsarahaM fo tcepser ni ataD :etoN .sTU dna stnemnrevog etatS eht morf deviecer noitamrofnI :ecruoSState Finances : A Study of Budgets of 2025-26 164 ecnanetniaM dna snoitarepO no erutidnepxE :03 tnemetatS )erorC ₹( 62-5202 52-4202 42-3202 32-2202 22-1202 12-0202 02-9102 91-8102 81-7102 71-6102 61-5102 51-4102 41-3102 31-2102 21-1102 11-0102 01-9002 90-8002 TU/etatS )EB( )ER( 91 81 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1 – – –

7.480,33,1

3.717,7

0.767,7

5.732,31

1.497,4

3.047,8

0.022,3

0.067,6

3.121,7

0.028,7

0.080,2

0.074,8

0.048,4

0.079,8

0.060,9 hsedarP arhdnA .1

6.789,51

2.493,71

3.545,21 – – – –

3.47

1.035,1 – – – – –

0.051 – – – hsedarP lahcanurA .2 – – – – – – –

5.936

7.975

0.065 – – –

0.045,3

0.052,4 – – – massA .3

1.164,62

5.001,03

9.879,12

8.420,71

1.591,41

1.141,31

3.791,7

4.647,8

5.177,7

0.012,2 –

2.238,7 –

0.094,5

0.084,2 – – – rahiB .4

7.135,1

1.272,1

0.560,1

8.878

0.049

1.009

0.068

5.367

4.236

0.075

0.045

6.786

0.019

0.017

0.085

0.004

0.015

0.054 hragsittahhC .5 – – – – –

4.388

0.575

3.355 – – – – – – – – – – aoG .6

3.238,3

1.215,4

7.581,3

1.886,3

0.276

1.286

8.227

5.509 – – – – –

0.048

0.016

0.026

0.033,2

0.099 tarajuG .7

4.643,1

7.719,1

4.416,1

2.192,1

7.313,1

5.272,1

1.682,1

4.921,1 –

0.031,1 –

7.599

0.058,1

0.058

0.046,1

0.098

0.089

0.029 anayraH .8

8.232,3

4.630,5

7.981,3

7.874,3

9.065,3

8.951,3

2.671,3

7.948,2

8.539,2

0.030,3

0.073,2

4.664,2 –

0.028,1

0.096,1

0.075,1

0.040,1

0.018 hsedarP lahcamiH .9

3.458,37

4.593,46

1.050,64

7.395,83

5.593,3

1.612,6

6.093,5

7.941,4

7.260,7

0.005,4 –

8.787,71

0.013,4

0.093,11

0.071,01 –

0.081 – dnahkrahJ .01

3.020,3

7.907,3

7.742,3 –

0.401,94

0.532,14

8.461,3

9.440,3

1.088,2

0.038,2 –

0.048,2

0.072,2

0.009,1

0.044,1

0.097

0.066

0.076 akatanraK .11

1.903,4

0.723,3

9.533,3

7.185,1

0.018,1

6.667,1

3.114,1

8.556,2

4.433,1

0.004,1

0.052,1

6.740,1

0.029

0.088

0.018

0.008

0.096

0.056 alareK .21

4.129,4

7.697,3

3.156,2

6.893,3

0.784,1

6.153,1

1.963,1

1.240,2

0.569,1

0.081,2

0.076,1

9.604,1

0.096,1

0.074,1

0.010,1

0.086

0.046

0.096 hsedarP ayhdaM .31 – – – – – – –

1.759,71

0.026,21

0.022,5 –

7.133,01

0.033,9

0.057,7

0.033,6

0.054,6

0.049,51

0.091,32 arthsarahaM .41

0.733

5.243

5.603

2.963

6.872

0.312

3.591

9.479,3

6.257,5

0.094,3 – – –

0.067,1

0.077,1 –

0.094

0.045 rupinaM .51 – – – – – – –

0.05

2.143 – – – – – –

0.002 – – ayalahgeM .61

2.998,7

0.896,8

4.913,6

2.986,5

4.009,3

5.591,4

7.155

0.186,3 – – – – – – –

0.066,2 – – maroziM .71

0.841

4.991

6.402

4.661

2.261

3.801

8.361

6.662

5.393

0.081 – – –

0.022

0.057

0.04

0.02

0.02 dnalagaN .81

3.152,6

3.499,5

7.513,5

6.048,4

9.874,4

1.399,3

8.171,4

3.981,4

8.801,5

0.017,4

0.015,4

6.732,4

0.029,3

0.063,3

0.016,2

0.092,2

0.049,1

0.028,1 ahsidO .91

6.342

4.982

7.152

3.791

8.793

2.193

0.381 – –

0.003 – –

0.061 – – – – – bajnuP .02

0.619,1

3.760,2

3.302,1

2.903,1

3.472,1

1.599

3.339

5.717

1.999

0.075

0.085

0.964 – –

0.037,2

0.091,2

0.070,2

0.020,2 nahtsajaR .12

7.76

5.86

1.76

7.66

7.66

6.09

4.15 – – – – – –

0.038,1

0.05 mikkiS .22

8.129,61

1.236,51

1.370,31

0.517,41

7.500,21

0.546,01

0.699,01

0.381,01

7.343,9

0.057,8 –

5.894,9

0.000,9

0.094,8

0.073,6

0.066,4

0.037,4

0.021,4 udaN limaT .32 – – –

5.389,8

9.502,8

1.074,9

7.931,3

9.937,31

0.555,5

0.005,7

0.065,7

8.472,4 – – – – – – anagnaleT .42 – – – – – – –

3.851

3.771 – – –

0.061

0.012 – – – arupirT .52

7.774,15

7.387,84

2.354,73

0.235,11

5.281,41

2.041,11

9.420,21

0.310,9

7.266,8

0.031,7

0.099,5

7.808,5

0.053,8

0.027,4

0.007,3 –

0.005,3

0.044,3 hsedarP rattU .62 – – –

0.248

3.827

2.695

5.432

5.984,1

4.149,1

0.017,1 –

0.079

0.081,1

0.038

0.031 –

0.082

0.092 dnahkarattU .72

0.642,5

9.770,4

0.049,3

1.068,2 –

4.163,2

0.169,2

4.435,2 – –

1.309,1

0.076,1

0.022,1

0.061,1

0.098

0.012,1

0.071,1 lagneB tseW .82 – – – – – – – – –

0.016 – – – – – – – – rimhsaK dna ummaJ .92

4.533,2

4.394,51

8.835,41

9.658,41

9.251,51

5.004,21

9.437,6 – – – – – – – – – – ihleD TCN .03

4.621

2.421

7.231

6.411

4.28

8.67

2.67

8.85

5.36 – –

4.42

0.02 – – – – yrrehcuduP .13

3.764,13,2

3.232,73,2

1.076,18,1

0.365,96,2

0.211,54,1

3.250,53,1

3.748,77

1.887,00,1

0.529,88

0.008,16

0.032,13

1.307,97

0.083,35

0.033,16

0.011,95

0.079,92

0.081,64

0.058,05 sTU dna setatS llA elbacilppa toN/elbaliava toN : ’–‘ .setamitsE desiveR :ER .setamitsE tegduB :EB .setamitse tegduB era 01-9002 elihw setamitsE desiveR ot setaler 90-8002 rof dnahkarattU dna arthsarahaM fo tcepser ni ataD :etoN .sTU dna stnemnrevog etatS eht morf deviecer noitamrofnI :ecruoSStatements 165 *erutidnepxE rotceS laicoS :13 tnemetatS )erorC ₹( 62-5202 52-4202 42-3202 32-2202 22-1202 12-0202 02-9102 91-8102 81-7102 71-6102 61-5102 51-4102 41-3102 31-2102 21-1102 11-0102 01-9002 90-8002 TU/etatS )EB( )ER( 91 81 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1

5.164,95,1

8.813,13,1

6.038,32,1

5.126,20,1

1.647,68

5.138,68

3.797,87

0.957,67

8.558,27

9.997,26

0.025,75

8.719,45

8.537,35

2.534,94

9.593,54

4.231,93

9.872,03

9.534,13 hsedarP arhdnA .1

7.345,01

2.733,21

0.301,01

6.097,8

5.449,7

2.471,6

3.876,5

4.273,6

9.574,5

4.841,4

6.753,3

4.550,3

6.355,2

5.839,1

0.851,2

5.765,1

9.667,1

6.972,1 hsedarP lahcanurA .2

4.191,07

4.373,07

6.493,25

3.745,06

1.347,04

6.465,53

6.050,73

9.442,03

5.448,72

6.263,62

2.812,02

9.693,02

5.705,41

2.303,21

2.981,11

9.242,01

5.951,9

9.957,6 massA .3

1.119,75,1

3.885,48,1

7.905,71,1

3.297,51,1

8.680,10,1

1.704,68

8.849,17

5.925,57

1.232,86

6.665,06

9.907,25

9.514,24

4.129,43

5.447,03

6.540,42

8.963,91

5.768,71

5.633,61 rahiB .4

8.765,88

5.042,08

0.818,75

9.006,74

2.761,04

9.963,63

3.422,93

5.744,23

2.821,53

6.798,13

0.005,72

7.676,32

7.450,12

5.869,61

5.608,41

8.328,11

9.776,11

7.378,8 hragsittahhC .5

7.941,9

7.102,9

1.634,7

1.185,6

1.758,6

1.745,5

0.080,5

5.341,5

8.600,5

8.549,3

3.776,3

8.171,3

8.819,2

4.694,2

8.203,2

3.880,2

5.397,1

3.554,1 aoG .6

2.251,74,1

5.894,82,1

1.626,90,1

4.984,79

0.576,28

3.698,57

8.187,17

5.048,66

5.616,06

8.630,65

5.854,35

6.852,74

0.878,14

6.360,83

8.543,03

6.295,82

9.861,32

4.571,81 tarajuG .7

9.470,87

2.360,46

0.669,85

7.063,15

1.657,84

7.958,24

9.945,54

9.418,83

7.434,53

0.505,03

7.405,52

7.140,22

8.990,81

0.889,81

4.072,61

9.536,31

0.953,31

7.318,9 anayraH .8

6.868,12

4.102,42

0.216,02

7.397,12

6.484,71

8.952,61

3.748,41

9.112,41

0.536,21

3.420,21

6.569,9

8.170,9

3.198,7

5.890,7

5.899,5

3.220,6

5.319,4

0.075,4 hsedarP lahcamiH .9

3.107,97

4.602,46

2.026,54

7.104,14

6.588,33

0.304,43

0.618,23

5.912,03

3.253,92

5.355,92

0.898,12

5.537,71

4.117,11

3.520,21

8.027,01

5.303,21

4.630,01

3.078,9 dnahkrahJ .01

6.375,66,1

1.811,45,1

3.714,62,1

6.610,01,1

0.959,01,1

5.751,78

8.338,78

8.478,09

5.634,67

5.566,07

9.234,95

2.905,15

7.785,14

3.928,73

2.373,23

3.586,82

4.401,52

9.444,02 akatanraK .11

7.947,17

4.699,06

1.474,15

7.852,85

3.206,06

5.852,75

8.245,83

5.078,34

3.448,04

2.850,93

4.880,33

8.315,82

6.259,32

7.546,12

7.937,81

8.226,31

6.330,21

0.958,01 alareK .21

1.503,97,1

0.658,65,1

8.167,82,1

2.911,01,1

7.645,40,1

8.626,49

8.161,58

1.036,67

8.536,47

2.942,56

9.155,55

5.383,44

8.047,53

9.763,33

9.031,72

8.944,32

2.136,71

0.786,41 hsedarP ayhdaM .31

5.809,70,3

0.833,51,3

7.384,82,2

5.041,00,2

5.502,46,1

2.910,34,1

4.530,44,1

1.538,62,1

0.426,60,1

0.776,40,1

6.513,39

7.023,88

3.791,87

4.820,07

5.331,16

4.438,35

3.853,74

7.994,63 arthsarahaM .41

0.536,9

5.065,21

9.292,6

9.598,7

6.480,7

6.226,6

4.436,4

2.864,4

2.892,4

8.103,3

9.170,3

5.821,3

0.701,2

1.150,2

7.710,2

5.339,1

2.535,1

1.844,1 rupinaM .51

3.228,21

1.853,11

6.177,9

4.176,7

3.723,7

8.798,5

5.798,4

1.242,5

3.575,4

3.598,4

7.632,3

9.103,3

5.517,2

8.803,2

8.143,2

8.157,1

4.204,1

0.522,1 ayalahgeM .61

8.752,5

5.561,7

4.829,4

4.414,4

5.332,4

5.341,4

4.394,4

5.360,4

1.418,3

4.770,3

0.198,2

8.109,2

3.892,2

4.811,2

5.046,1

2.695,1

3.564,1

8.051,1 maroziM .71

1.658,6

9.490,7

6.002,6

6.505,5

0.010,5

6.764,4

1.504,4

1.271,4

7.974,4

6.285,3

2.527,2

9.305,2

1.051,2

0.969,1

3.606,1

9.875,1

7.861,1

7.811,1 dnalagaN .81

6.520,04,1

8.198,92,1

7.686,49

6.746,37

3.687,66

6.371,85

9.530,16

7.390,45

3.261,54

4.936,93

1.352,63

0.942,92

2.018,42

2.956,91

5.150,81

4.142,51

0.715,21

8.090,11 ahsidO .91

1.765,34

2.941,14

5.720,53

1.649,43

6.512,03

2.873,52

3.556,12

1.370,12

4.093,71

7.862,84

1.482,61

5.605,51

8.380,31

4.365,21

0.479,9

6.543,8

0.211,7

3.268,6 bajnuP .02

6.510,98,1

6.104,76,1

6.917,42,1

7.889,51,1

3.326,31,1

5.719,39

4.860,78

8.764,48

8.232,67

9.125,76

9.752,26

5.618,45

6.898,14

7.796,33

2.548,72

8.787,22

1.575,12

3.724,91 nahtsajaR .12

9.782,5

1.118,5

2.554,4

5.861,4

4.711,3

6.761,3

4.027,2

9.006,2

2.472,2

2.838,1

6.306,1

5.277,1

0.196,1

9.093,1

8.944,1

0.360,1

1.010,1

5.618 mikkiS .22

6.516,36,1

6.057,45,1

5.622,13,1

0.178,81,1

8.769,41,1

6.945,70,1

0.293,68

6.822,68

6.297,17

3.986,96

8.750,07

9.757,26

9.711,55

2.357,64

6.698,14

2.394,63

3.543,92

7.988,62 udaN limaT .32

7.878,04,1

3.649,70,1

0.125,77

8.615,47

2.335,17

9.444,36

5.909,75

5.688,65

8.302,05

0.949,74

5.905,24

7.334,42 – – – – – – anagnaleT .42

6.764,41

2.432,31

0.597,9

8.174,9

9.341,8

3.711,7

4.786,6

6.373,6

6.768,5

1.159,5

2.096,5

9.670,5

3.452,3

1.378,2

6.686,2

4.751,2

6.281,2

9.976,1 arupirT .52

1.205,20,3

0.215,65,2

2.209,32,2

4.532,30,2

2.590,96,1

0.715,34,1

7.782,24,1

4.374,43,1

2.980,71,1

3.657,92,1

3.691,80,1

7.123,68

0.555,67

8.534,76

1.617,95

8.376,05

6.942,74

8.605,93 hsedarP rattU .62

5.349,23

1.594,13

2.846,72

3.107,42

4.597,12

4.334,02

0.574,71

4.805,71

1.324,51

4.905,41

0.204,31

0.499,21

4.773,9

5.869,7

9.483,7

9.359,5

1.226,5

1.581,4 dnahkarattU .72

3.849,20,2

3.138,37,1

2.630,83,1

3.006,83,1

7.705,52,1

6.922,40,1

6.824,69

7.796,49

7.448,78

7.796,47

9.638,76

4.462,75

5.185,54

5.301,04

3.906,53

2.755,03

9.207,72

2.764,91 lagneB tseW .82

1.810,44

6.875,83

1.080,03

3.459,82

4.996,52

3.776,42

8.017,32

0.865,32

4.975,81

9.910,61

4.127,51

3.755,11

9.908,9

2.711,9

4.837,8

0.234,7

5.898,6

9.806,5 rimhsaK dna ummaJ .92

0.260,45

7.608,43

1.376,23

0.008,33

0.915,23

7.361,82

8.653,72

2.462,52

8.482,22

7.706,91

3.636,71

2.160,61

7.334,51

0.665,41

3.412,31

5.218,01

5.705,01

4.229,8 ihleD TCN .03

9.019,4

4.920,5

0.422,4

7.847,3

3.150,3

4.018,2

7.028,2

7.747,2

4.994,2

1.953,2

5.564,2

0.062,2

3.378,1

1.904,1

1.327,1

2.755,1

7.563,1

4.260,1 yrrehcuduP .13

6.379,02,92

1.559,45,62

3.242,00,12

8.156,22,91

7.073,61,71

0.780,21,51

9.623,01,41

6.327,24,31

4.817,52,21

3.881,82,11

4.639,86,9

8.550,03,8

1.102,97,6

7.249,20,6

3.965,32,5

1.739,15,4

2.639,29,3

2.835,13,3 sTU dna setatS llA .elbaliava toN/elbacilppa toN :’–‘ .setamitsE tegduB :EB .setamitsE desiveR :ER .stnemnrevoG etatS eht yb secnavda dna snaol dna yaltuo latipac ,erutidnepxe eunever rednu gnisuoheraw dna egarots doof dna tnempoleved larur ,secivres laicos no erutidnepxe sedulcnI :

* .osla yrrehcuduP dna ihleD edulcni sdrawno 81-7102 morf ataD :etoN .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod

tegduB : ecruoSState Finances : A Study of Budgets of 2025-26 166 tnemesrubsiD latoT fo tnec rep sa *erutidnepxE rotceS laicoS :

23 tnemetatS )tnec reP( 62-5202 52-4202 42-3202 32-2202 22-1202 12-0202 02-9102 91-8102 81-7102 71-6102 61-5102 51-4102 41-3102 31-2102 21-1102 11-0102 01-9002 90-8002 TU/etatS )EB( )ER( 91 81 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1

5.94

8.74

8.84

4.54

3.54

4.64

4.54

8.64

6.94

7.54

3.94

2.14

3.93

2.83

2.93

9.83

6.53

9.83 hsedarP arhdnA .1

7.62

7.23

1.43

7.33

0.53

4.33

6.43

1.43

2.73

1.43

8.72

6.43

8.23

5.03

4.23

1.82

7.33

9.92 hsedarP lahcanurA .2

0.54

4.44

6.34

1.05

3.83

9.44

9.44

1.24

6.24

9.54

2.84

1.54

0.93

5.63

0.73

5.93

7.63

7.83 massA .3

8.94

8.25

6.64

9.94

3.25

1.25

1.05

8.84

0.05

0.84

9.64

8.44

4.34

4.44

0.04

2.83

8.14

9.34 rahiB .4

3.05

9.94

4.73

0.44

4.24

7.14

2.34

4.34

0.25

0.45

2.25

2.05

4.35

7.84

6.15

2.05

2.45

1.05 hragsittahhC .5

2.33

4.43

1.43

7.33

3.83

3.73

6.53

3.63

2.73

9.53

1.53

2.53

8.53

0.43

1.33

5.33

5.23

2.23 aoG .6

2.04

1.14

0.04

8.04

6.83

6.83

9.83

5.73

2.83

3.14

2.24

5.04

0.04

7.83

2.83

9.93

4.83

0.53 tarajuG .7

1.83

5.53

4.53

8.43

1.73

5.83

3.14

2.93

0.93

2.73

1.13

3.93

0.73

8.04

9.04

6.93

0.14

2.73 anayraH .8

4.83

1.83

2.83

4.04

1.83

2.83

5.73

7.73

7.63

9.43

6.63

5.73

1.73

3.43

6.43

3.73

0.53

6.63 hsedarP lahcamiH .9

8.45

1.94

3.24

2.54

5.34

6.64

4.64

2.64

4.34

9.94

2.04

3.44

0.93

6.93

2.14

4.64

2.44

8.74 dnahkrahJ .01

7.04

1.24

3.93

9.73

3.04

1.73

3.93

4.24

0.14

7.14

7.14

0.04

6.73

2.93

8.73

9.93

9.93

8.73 akatanraK .11

2.23

4.03

5.82

6.23

4.43

7.83

3.13

1.43

9.43

4.63

3.63

7.53

5.43

9.43

8.43

4.33

6.33

4.33 alareK .21

7.44

2.44

8.24

0.14

5.34

3.54

4.44

0.24

3.44

6.14

6.44

7.93

8.93

0.04

6.33

0.93

2.53

7.63 hsedarP ayhdaM .31

6.04

2.34

6.04

6.83

8.73

7.53

6.93

6.83

4.73

7.04

6.14

7.24

9.14

6.24

1.14

4.14

3.04

8.63 arthsarahaM .41

6.83

3.64

8.63

6.34

4.34

6.34

4.83

4.73

7.83

2.33

9.33

3.53

4.92

3.92

4.92

6.13

5.23

9.23 rupinaM .51

1.34

0.24

6.14

2.93

6.14

7.24

7.44

1.34

9.64

6.84

7.04

3.34

9.93

7.73

4.93

7.63

6.63

7.53 ayalahgeM .61

0.53

7.34

3.93

5.73

3.24

3.14

2.04

1.24

6.14

1.14

0.44

3.34

8.04

7.93

6.63

6.83

5.14

1.04 maroziM .71

3.23

4.33

3.33

5.23

9.43

7.33

4.23

7.13

3.73

9.43

8.92

0.13

8.92

4.72

9.42

3.82

9.52

3.82 dnalagaN .81

3.84

0.94

4.64

8.04

4.34

9.64

8.84

5.74

3.64

6.54

8.54

6.44

2.44

6.14

9.24

3.24

0.14

6.14 ahsidO .91

3.12

2.12

2.91

6.91

3.42

4.42

4.02

2.42

1.42

9.54

9.52

1.92

5.72

2.82

1.72

5.22

7.22

8.32 bajnuP .02

3.54

0.64

8.14

4.34

1.54

4.44

1.14

3.14

5.24

7.14

7.63

1.74

5.44

5.14

6.24

4.24

3.44

2.54 nahtsajaR .12

7.23

6.93

9.93

0.14

5.83

8.93

1.73

5.73

8.73

5.83

6.53

7.63

8.73

4.53

8.63

9.03

8.82

4.72 mikkiS .22

6.33

2.53

6.23

6.33

6.63

1.73

5.33

5.53

3.53

5.33

5.14

9.93

1.14

5.83

3.83

2.04

3.04

7.93 udaN limaT .32

2.64

6.04

4.33

4.63

1.93

3.04

5.04

0.24

8.14

4.93

6.34

2.93 – – – – – – anagnaleT .42

6.44

7.34

4.44

4.54

7.44

9.44

7.44

0.64

2.74

3.74

4.94

9.74

6.14

9.04

7.14

4.83

9.73

2.73 arupirT .52

9.73

0.83

3.93

2.04

5.83

9.73

1.73

4.43

7.63

0.04

3.63

6.63

1.83

8.83

8.83

7.73

0.93

8.73 hsedarP rattU .62

3.04

2.34

2.44

0.44

4.34

2.44

1.34

1.34

9.14

0.64

6.54

9.74

6.34

5.14

5.54

5.24

3.24

4.83 dnahkarattU .72

2.45

4.25

3.84

4.05

3.84

2.94

2.74

9.64

8.84

4.74

0.84

5.64

0.24

1.24

5.24

9.14

7.04

9.13 lagneB tseW .82

2.93

7.43

7.33

2.73

5.43

6.63

5.63

1.53

0.43

9.13

6.43

2.23

7.92

7.82

3.92

1.92

6.03

9.92 rimhsaK dna ummaJ .92

1.45

1.05

6.94

7.25

2.35

7.35

4.35

7.45

5.45

6.25

1.05

9.15

3.54

8.84

0.05

4.24

2.24

8.34 ihleD TCN .03

1.63

0.83

9.63

8.43

1.13

7.33

6.53

4.73

9.63

5.83

8.14

4.04

1.73

6.93

9.54

3.83

1.83

9.53 yrrehcuduP .13

2.24

2.24

6.93

1.04

6.04

9.04

4.04

2.04

1.14

7.14

1.14

0.14

8.93

3.93

7.83

0.93

7.83

6.73 sTU dna setatS llA .elbaliava toN/elbacilppa toN :’–‘ .setamitsE tegduB :EB .setamitsE desiveR :ER .stnemnrevog etats eht yb secnavda dna snaol dna yaltuo latipac ,erutidnepxe eunever rednu gnisuoheraw dna egarots doof dna tnempoleved larur ,secivres laicos no erutidnepxe sedulcnI :

* .osla yrrehcuduP dna ihleD edulcni sdrawno 81-7102 morf ataD :etoN .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB : ecruoSStatements 167 sTU dna stnemnrevoG etatS fo stpieceR euneveR :

33 tnemetatS )tnec reP( )EB( 62-5202 )ER( 52-4202 )EB( 52-4202 42-3202 TU/etatS /TC /RTNO /RTO /RR /TC /RTNO /RTO /RR /TC /RTNO /RTO /RR /TC /RTNO /RTO /RR PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1

9.4

0.1

0.6

9.11

6.4

4.0

0.6

0.11

0.5

7.0

8.6

4.21

7.5

5.0

0.6

2.21 hsedarP arhdnA .1

9.75

3.2

6.6

8.66

9.36

3.2

4.6

6.27

0.16

4.2

6.6

0.07

8.06

3.2

2.7

3.07 hsedarP lahcanurA .2

0.01

1.1

7.4

8.51

8.01

4.1

3.5

4.71

7.01

4.1

3.5

3.71

1.01

0.1

9.4

0.61 massA .3

6.71

7.0

4.5

8.32

7.81

8.0

6.5

0.52

0.71

8.0

6.5

4.32

4.61

6.0

7.5

7.22 rahiB .4

2.01

5.3

5.8

2.22

1.01

1.3

1.8

3.12

2.01

3.3

8.8

4.22

7.9

0.3

6.7

2.02 hragsittahhC .5

9.4

4.4

0.7

4.61

1.5

0.5

8.7

8.71

3.5

2.5

9.7

4.81

0.5

0.4

2.8

2.71 aoG .6

3.2

8.0

3.5

4.8

4.2

8.0

5.5

7.8

2.2

7.0

4.5

3.8

7.2

0.1

5.5

2.9 tarajuG .7

9.1

8.0

8.6

5.9

8.1

7.0

8.6

3.9

9.1

8.0

0.7

6.9

9.1

7.0

7.6

3.9 anayraH .8

6.8

6.1

3.6

5.61

2.11

8.1

8.5

8.81

3.01

6.1

6.6

6.81

5.11

4.1

6.5

6.81 hsedarP lahcamiH .9

5.11

6.4

3.6

5.22

2.11

0.4

7.6

8.12

3.11

8.3

8.6

9.12

1.01

9.2

1.6

1.91 dnahkrahJ .01

2.2

5.0

8.6

5.9

2.2

5.0

3.6

9.8

2.2

5.0

9.6

6.9

2.2

5.0

4.6

1.9 akatanraK .11

9.2

3.1

4.6

7.01

6.2

4.1

4.6

4.01

8.2

4.1

6.6

8.01

0.3

4.1

5.6

9.01 alareK .21

5.9

3.1

4.6

2.71

6.9

5.1

4.6

4.71

2.9

4.1

7.6

3.71

1.9

5.1

7.6

3.71 hsedarP ayhdaM .31

8.2

7.0

8.7

4.11

1.3

7.0

1.8

8.11

0.3

6.0

0.8

7.11

6.2

5.0

5.7

6.01 arthsarahaM .41

0.23

5.0

2.3

7.53

6.24

6.0

6.3

7.64

0.64

6.0

6.4

1.15

4.82

4.0

6.2

5.13 rupinaM .51

9.03

2.1

3.6

4.83

5.23

3.1

8.6

6.04

6.13

3.1

8.6

6.93

8.62

0.1

1.6

9.33 ayalahgeM .61

6.32

6.2

4.3

6.92

8.72

9.2

5.3

2.43

2.22

5.2

9.2

6.72

6.62

2.3

5.3

3.33 maroziM .71

6.23

2.1

8.3

6.73

2.33

4.1

0.4

6.83

3.13

9.0

5.3

7.53

3.43

7.1

0.4

0.04 dnalagaN .81

0.01

6.5

2.6

8.12

1.01

1.6

3.6

5.22

8.9

1.6

3.6

2.22

4.8

1.6

3.6

8.02 ahsidO .91

1.4

4.1

1.7

5.21

3.4

3.1

2.7

8.21

2.4

4.1

3.7

8.21

7.4

0.1

3.6

0.21 bajnuP .02

3.6

4.1

2.7

8.41

8.6

6.1

1.7

4.51

5.6

3.1

0.7

8.41

9.5

2.1

2.6

4.31 nahtsajaR .12

0.61

8.1

6.3

5.12

3.51

9.1

8.3

0.12

1.41

7.1

0.4

8.91

7.11

8.1

6.3

1.71 mikkiS .22

3.2

8.0

2.6

3.9

4.2

9.0

2.6

5.9

3.2

0.1

2.6

5.9

6.2

0.1

1.6

7.9 udaN limaT .32

9.2

8.1

1.8

8.21

9.2

6.1

0.8

5.21

8.2

1.2

2.8

1.31

3.2

6.1

6.7

6.11 anagnaleT .42

1.22

5.0

6.3

2.62

7.22

5.0

7.3

9.62

1.02

5.0

5.3

0.42

9.02

5.0

5.3

0.52 arupirT .52

1.11

8.0

6.9

5.12

8.11

5.0

6.7

9.91

6.11

9.0

0.01

5.22

1.01

6.0

5.7

2.81 hsedarP rattU .62

0.8

0.1

6.5

6.41

6.8

2.1

9.5

7.51

4.8

2.1

7.5

3.51

1.8

3.1

8.5

2.51 dnahkarattU .72

1.7

5.0

5.5

1.31

9.6

2.0

5.5

5.21

8.6

3.0

4.5

6.21

5.6

2.0

4.5

1.21 lagneB tseW .82

3.02

6.3

5.7

4.13

3.22

2.3

9.7

3.33

9.52

8.3

0.8

7.73

9.02

7.2

8.5

4.92 rimhsaK dna ummaJ .92

8.0

1.0

8.4

6.5

3.0

0.0

6.4

9.4

3.0

1.0

6.4

1.5

2.0

1.0

8.4

1.5 ihleD TCN .03

7.6

1.5

1.8

0.02

2.7

5.5

4.8

2.12

1.7

1.5

0.8

2.02

4.7

2.5

0.8

6.02 yrrehcuduP .13

0.6

2.1

1.7

4.41

0.6

1.1

8.6

9.31

0.6

2.1

2.7

3.41

5.5

1.1

5.6

0.31 #sTU dna setatS llA .euneveR xaT nwO :RTO .stpieceR euneveR :RR .setamitsE tegduB :EB .setamitsE desiveR :ER .tcudorP citsemoD etatS ssorG :PDSG .srefsnarT tnerruC :TC .euneveR xaT-noN nwO :RTNO .PDG fo tnec rep sa era sTU/setatS lla rof ataD :# .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod tegduB :

ecruoSState Finances : A Study of Budgets of 2025-26 168 sTU dna stnemnrevoG etatS fo erutidnepxE euneveR :43 tnemetatS )tnec reP( )EB( 62-5202 )ER( 52-4202 )EB( 52-4202 42-3202 TU/etatS /NP /PI /ERDN /ERD /ER /NP /PI /ERDN /ERD /ER /NP /PI /ERDN /ERD /ER /NP /PI /ERDN /ERD /ER PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG PDSG 12 02 91 81 71 61 51 41 31 21 11 01 9 8 7 6 5 4 3 2 1

2.1

9.1

1.4

6.9

8.31

3.1

9.1

4.4

6.9

1.41

3.1

8.1

4.4

2.01

6.41

5.1

1.2

8.4

2.01

9.41 hsedarP arhdnA .1

4.5

9.1

6.91

3.83

0.85

3.5

0.2

0.51

9.14

0.75

2.5

1.2

7.71

4.04

1.85

1.5

2.2

8.41

8.73

7.25 hsedarP lahcanurA .2

8.2

5.1

1.6

6.9

8.51

8.2

5.1

9.6

2.11

3.81

8.2

5.1

9.6

0.01

0.71

1.3

4.1

7.6

8.9

5.61 massA .3

0.3

1.2

8.7

1.51

0.32

3.3

1.2

3.8

5.02

8.82

3.3

1.2

1.8

1.51

3.32

8.2

1.2

9.6

4.51

3.22 rahiB .4

6.1

5.1

3.5

2.61

7.12

4.1

6.1

1.5

3.71

6.22

4.1

4.1

1.5

9.61

2.22

8.1

3.1

1.5

0.71

4.22 hragsittahhC .5

9.1

7.1

3.5

3.9

6.41

4.2

7.1

1.6

7.01

8.61

4.2

7.1

1.6

7.01

8.61

2.2

8.1

5.5

3.01

8.51 aoG .6

0.1

0.1

8.2

0.5

8.7

0.1

1.1

7.2

1.5

9.7

0.1

1.1

9.2

0.5

0.8

0.1

1.1

7.2

0.5

8.7 tarajuG .7

2.1

9.1

2.4

8.6

0.11

2.1

0.2

2.4

5.6

7.01

2.1

1.2

3.4

8.6

1.11

2.1

0.2

2.4

2.6

4.01 anayraH .8

5.4

6.2

5.8

4.01

9.81

6.4

7.2

0.9

7.21

6.12

4.4

8.2

8.8

7.11

5.02

8.4

7.2

1.9

1.21

2.12 hsedarP lahcamiH .9

8.1

1.1

0.5

9.41

9.91

7.1

4.1

7.5

8.31

4.91

7.1

4.1

4.5

7.21

1.81

0.2

5.1

6.5

1.11

6.61 dnahkrahJ .01

2.1

5.1

6.3

4.6

2.01

0.1

3.1

1.3

5.6

8.9

2.1

4.1

5.3

9.6

6.01

0.1

2.1

0.3

3.6

5.9 akatanraK .11

1.2

2.2

1.6

4.5

6.21

2.2

3.2

6.6

0.5

7.21

2.2

2.2

4.6

4.5

0.31

2.2

4.2

9.6

9.4

5.21 alareK .21

7.1

7.1

0.5

3.11

1.71

7.1

8.1

9.4

7.11

4.71

7.1

8.1

0.5

4.11

2.71

6.1

7.1

6.4

1.11

4.61 hsedarP ayhdaM .31

2.1

3.1

1.4

5.7

3.21

0.1

2.1

6.3

0.8

4.21

4.1

3.1

4.4

0.7

2.21

1.1

1.1

4.3

7.6

0.11 arthsarahaM .41

9.5

0.2

6.41

6.61

4.23

7.6

1.2

0.61

1.12

2.83

5.5

0.2

3.41

5.22

0.83

5.5

1.2

5.51

1.31

6.92 rupinaM .51

8.2

0.2

4.9

5.12

8.03

1.3

1.2

3.01

8.22

2.33

1.3

1.2

3.01

8.22

1.33

4.3

1.2

4.01

9.02

3.13 ayalahgeM .61

1.5

8.1

5.11

8.61

3.82

8.5

6.1

5.21

0.22

5.43

4.4

3.1

9.9

4.61

3.62

8.5

7.1

4.21

2.91

6.13 maroziM .71

8.7

7.2

1.71

2.71

3.43

6.7

7.2

0.81

1.81

1.63

0.7

7.2

1.61

4.71

5.33

7.7

6.2

9.71

8.81

7.63 dnalagaN .81

3.2

6.0

6.4

1.41

8.81

3.2

6.0

5.4

9.41

6.91

3.2

6.0

6.4

5.41

3.91

3.2

6.0

8.4

3.21

3.71 ahsidO .91

3.2

8.2

0.7

5.7

2.51

4.2

0.3

2.7

5.8

4.61

4.2

9.2

1.7

9.7

7.51

7.2

0.3

7.7

6.7

7.51 bajnuP .02

7.1

0.2

8.4

5.11

4.61

8.1

3.2

3.5

0.21

3.71

6.1

1.2

9.4

4.11

3.61

8.1

2.2

1.5

8.01

9.51 nahtsajaR .12

1.3

9.1

0.8

1.11

3.91

7.2

8.1

0.7

6.11

0.91

8.2

7.1

5.7

1.11

9.81

7.2

7.1

7.6

9.9

8.61 mikkiS .22

3.1

9.1

0.4

7.5

5.01

3.1

9.1

1.4

1.6

0.11

3.1

0.2

1.4

2.6

0.11

4.1

0.2

2.4

3.6

4.11 udaN limaT .32

7.0

1.1

7.2

9.9

6.21

7.0

1.1

7.2

5.9

2.21

7.0

1.1

6.2

5.01

1.31

2.1

7.1

8.3

7.7

5.11 anagnaleT .42

8.3

4.1

0.9

7.41

3.42

9.3

5.1

5.9

5.41

7.42

4.3

6.1

9.8

7.21

2.22

7.3

6.1

1.9

6.21

3.22 arupirT .52

9.2

1.2

9.7

2.01

9.81

6.2

0.2

7.6

2.01

8.71

2.3

0.2

7.7

1.11

8.91

4.2

8.1

0.6

8.9

8.61 hsedarP rattU .62

3.2

6.1

5.5

6.7

0.41

2.2

8.1

5.5

5.8

9.41

1.2

7.1

4.5

9.7

1.41

3.2

6.1

3.5

1.8

2.41 dnahkarattU .72

3.1

4.2

7.4

1.01

8.41

4.1

5.2

0.5

8.9

9.41

3.1

4.2

7.4

5.9

3.41

5.1

6.2

1.5

5.8

7.31 lagneB tseW .82

3.5

0.4

5.11

1.61

6.72

7.6

9.3

4.41

1.71

5.13

4.5

0.4

7.31

8.71

4.13

3.4

2.4

4.31

5.41

9.72 rimhsaK dna ummaJ .92

0.0

2.0

6.0

9.3

0.5

0.0

2.0

7.0

2.3

3.4

0.0

2.0

7.0

7.3

8.4

0.0

3.0

6.0

4.3

5.4 ihleD TCN .03

7.2

4.1

8.5

4.41

2.02

8.2

6.1

2.6

7.51

9.12

6.2

6.1

0.6

9.41

9.02

9.2

6.1

4.6

3.41

7.02 yrrehcuduP .13

7.1

8.1

0.5

2.9

6.41

6.1

7.1

8.4

3.9

4.41

7.1

7.1

0.5

2.9

6.41

6.1

7.1

6.4

3.8

4.31 #sTU dna setatS llA .tnemyaP tseretnI :PI .erutidnepxE euneveR tnempoleved–noN :ERDN .erutidnepxE euneveR :ER .setamitsE tegduB :EB .elbigilgeN/liN :’– .tcudorP citsemoD etatS ssorG :PDSG .erutidnepxE euneveR tnempoleveD :ERD .noisneP :NP .PDG fo tnec rep sa era sTU/setatS lla rof ataD :# .ygolodohtem ni sliateD .stnemnrevog etatS eht fo stnemucod

tegduB : ecruoSStatements Statement 35 : Development Expenditure: Select Indicators (Per cent) State/UT 2023-24 2024-25 (BE) 2024-25 (RE) 2025-26 (BE) DEV/ SSE/ CO/ DEV/ SSE/ CO/ DEV/ SSE/ CO/ DEV/ SSE/ CO/ GSDP GSDP GSDP GSDP GSDP GSDP GSDP GSDP GSDP GSDP GSDP GSDP 1 2 3 4 5 6 7 8 9 10 11 12 13

1. Andhra Pradesh 11.8 8.7 1.6 12.3 9.0 2.0 11.2 8.2 1.5 12.1 8.7 2.2

2. Arunachal Pradesh 55.0 25.9 21.7 53.5 25.1 18.7 60.2 26.7 22.8 47.6 20.4 17.1

3. Assam 13.0 9.2 3.8 13.3 9.4 4.1 15.7 10.9 5.3 13.0 9.5 4.0

4. Bihar 19.3 13.8 4.3 17.8 14.1 3.0 24.6 18.9 4.5 18.4 14.4 3.7

5. Chhattisgarh 19.9 11.3 3.0 20.7 14.2 4.0 21.1 14.1 4.0 20.2 13.9 4.1

6. Goa 13.3 7.0 3.3 14.2 7.6 4.1 14.5 7.7 4.4 12.6 6.6 3.8

7. Gujarat 7.4 4.5 2.3 7.8 4.6 2.7 7.8 4.8 2.6 8.2 4.9 3.2

8. Haryana 8.0 5.4 1.5 8.4 5.7 1.3 7.8 5.3 1.1 8.3 5.8 1.2

9. Himachal Pradesh 14.7 9.8 2.7 14.4 9.7 2.8 16.6 10.4 4.0 11.9 8.5 1.5

10. Jharkhand 16.3 9.9 4.5 18.1 12.6 4.7 18.2 12.7 3.8 19.3 14.3 4.1

11. Karnataka 8.4 4.9 2.0 8.8 5.7 1.9 8.4 5.3 1.9 8.5 5.4 2.2

12. Kerala 6.3 4.5 1.2 6.8 5.1 1.2 6.3 4.8 1.1 6.7 5.0 1.2

13. Madhya Pradesh 15.2 9.5 4.2 15.5 10.5 4.0 16.1 10.4 4.3 16.1 10.6 4.9

14. Maharashtra 8.5 6.9 1.8 9.0 6.1 2.0 10.3 7.0 2.1 9.2 6.2 1.7

15. Manipur 18.7 13.5 5.9 37.5 26.2 15.9 32.9 24.1 12.5 22.8 16.0 6.7

16. Meghalaya 29.2 18.4 8.5 32.4 19.2 9.9 32.4 19.2 9.9 31.6 19.2 10.5

17. Mizoram 22.5 14.4 3.7 18.1 12.3 4.4 27.7 18.5 6.7 18.5 12.0 5.1

18. Nagaland 25.2 15.3 7.7 21.4 14.0 5.1 26.6 15.9 9.8 21.9 13.7 6.0

19. Odisha 17.3 11.0 5.0 20.5 13.6 6.1 20.7 13.7 5.8 19.9 13.2 6.1

20. Punjab 8.3 4.7 0.6 8.8 5.0 0.9 9.5 5.1 1.0 8.6 4.9 1.2

21. Rajasthan 12.6 8.2 1.8 13.8 9.7 2.5 14.2 9.8 2.2 14.2 9.5 2.7

22. Sikkim 13.9 9.1 5.4 15.5 9.7 6.1 18.1 11.1 8.2 16.5 9.3 7.9

23. Tamil Nadu 8.1 4.8 1.5 8.1 5.1 1.5 8.0 5.0 1.5 7.5 4.6 1.6

24. Telangana 11.1 5.3 3.0 13.5 7.0 2.0 12.6 6.7 2.1 13.0 7.8 2.0

25. Tripura 15.8 11.9 3.3 18.2 13.0 6.3 21.1 14.5 7.9 20.4 14.4 6.8

26. Uttar Pradesh 14.2 8.7 4.3 16.7 10.7 5.7 15.4 9.3 5.4 15.5 9.8 5.4

27. Uttarakhand 10.8 8.3 3.3 10.7 7.8 3.5 11.2 8.3 3.1 10.5 7.7 3.4

28. West Bengal 10.3 8.4 1.8 11.3 9.3 1.9 11.4 9.6 1.6 12.0 10.0 1.9

29. Jammu and Kashmir 19.3 12.6 5.1 26.9 16.4 9.7 23.9 14.5 7.4 24.9 15.3 9.3

30. NCT Delhi 4.2 2.9 0.6 4.4 3.5 0.5 3.7 2.7 0.4 5.2 3.7 1.2

31. Puducherry 15.1 8.7 0.9 16.1 8.9 1.5 16.9 9.5 1.4 15.9 8.5 1.7 All States and UTs# 10.9 7.1 2.5 12.0 8.1 2.8 12.1 8.0 2.7 12.2 8.2 3.0 BE: Budget Estimates. RE: Revised Estimates. DEV: Development Expenditure. CO: Capital Outlay.

SSE: Social Sector Expenditure. GSDP: Gross State Domestic Product. #: Data for all States/UTs are as per cent of GDP.

Source : Budget documents of the State governments. Details in methodology.

169State Finances : A Study of Budgets of 2025-26 Statement 36: Subsidies (₹ Crore) State/UT 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25(RE) 2025-26(BE) 1 2 3 4 5 6 7 8 9

1. Andhra Pradesh 2,351.8 6,342.6 4,948.0 14,689.0 14,689.0 - - -

2. Arunachal Pradesh 2.4 157.8 17.9 116.6 456.1 - - -

3. Assam 1,323.8 996.1 1,966.2 2,005.7 1,662.6 4.6 1,022.5 2,331.5

4. Bihar 8,324.0 7,121.3 8,167.4 10,256.0 14,827.8 16,244.6 18,927.1 13,180.7

5. Chhattisgarh 8,323.0 20,328.7 26,137.6 22,164.3 26,946.3 49,566.1 16,539.2 53,259.3

6. Goa 300.8 262.6 425.8 - - - - -

7. Gujarat 17,268.0 18,420.0 22,155.0 22,335.0 25,636.0 28,032.3 26,028.7 29,524.9

8. Haryana 8,549.1 8,105.2 7,597.2 9,626.0 9,359.9 10,718.4 12,177.4 11,874.3

9. Himachal Pradesh 1,282.6 1,067.8 1,240.6 1,188.0 1,973.3 1,768.4 2,151.7 1,562.0

10. Jharkhand - 4,274.9 3,208.1 5,652.8 4,087.2 4,830.7 9,322.1 9,363.9

11. Karnataka 23,330.0 25,649.9 25,765.0 36,306.0 31,926.0 45,262.1 47,915.7 49,332.6

12. Kerala 1,651.6 1,378.2 6,300.4 3,892.9 1,542.5 1,446.8 1,644.2 2,147.3

13. Madhya Pradesh - 12,641.5 13,457.5 34,541.7 40,305.9 27,903.2 43,237.6 47,110.9

14. Maharashtra 27,397.8 28,386.0 40,861.6 29,137.2 43,158.4 - - -

15. Manipur - 120.0 120.1 120.3 120.2 358.2 367.0 341.8

16. Meghalaya 58.8 41.7 37.9 31.1 44.3 59.0 111.3 153.7

17. Mizoram 12.4 21.8 0.2 83.8 109.3 116.7 211.7 199.8

18. Nagaland - 128.2 25.1 25.1 33.1 41.1 46.2 46.0

19. Odisha 2,583.3 2,697.2 3,510.5 4,367.3 3,642.6 5,215.6 8,249.9 9,345.4

20. Punjab 13,359.9 10,161.0 9,747.6 14,515.6 20,607.1 18,770.3 21,626.1 21,832.8

21. Rajasthan 21,539.6 18,990.0 14,828.5 23,363.9 26,166.1 28,402.4 34,655.1 39,621.4

22. Sikkim - 1.1 2.8 2.7 2.8 38.5 32.4 36.1

23. Tamil Nadu 18,922.2 20,143.9 25,109.9 21,688.8 29,558.8 37,749.0 51,919.6 59,526.0

24. Telangana 6,303.6 6,838.7 12,022.9 13,186.8 12,612.6 12,431.0 21,237.0 21,347.0

25. Tripura 133.2 56.6 145.8 132.3 161.8 121.9 205.7 143.8

26. Uttar Pradesh 14,052.5 14,092.2 11,676.8 20,144.6 21,266.6 24,735.7 31,692.0 35,131.2

27. Uttarakhand 173.5 34.6 138.6 145.1 289.0 - - -

28. West Bengal 10,015.5 - 12,376.9 16,660.0 17,086.8 10,606.5 21,112.9 12,866.0

29. Jammu and Kashmir - 700.0 - - - - - -

30. NCT Delhi - 3,592.9 4,176.9 4,690.2 4,632.9 4,839.6 5,136.7 5,371.0

31. Puducherry 173.4 223.3 281.8 279.9 320.3 347.7 373.7 465.8 All States and UTs 1,87,432.8 2,12,975.8 2,56,450.6 3,11,348.8 3,53,225.2 3,29,610.4 3,75,943.5 4,26,115.1 RE: Revised Estimates. BE: Budget Estimates.

‘–’ : Not available/Not applicable.

Note: Data for Tamil Nadu in previous editions have been updated to include only subsidies to ensure inter-State comparison. Earlier, the subsidy data for Tamil Nadu also included transfers.

Source: Information received from the State governments and UTs and CAG’s State-wise finance accounts.

170Statements 171 noitatinaS dna ylppuS retaW dna erafleW ylimaF ,htlaeH cilbuP dna lacideM no erutidnepxE ’setatS :73 tnemetatS )erorC ₹( ylimaF ,htlaeH cilbuP dna lacideM *noitatinaS dna ylppuS retaW *erafleW ylimaF *htlaeH cilbuP dna lacideM *erutidnepxE latoT TU/etatS dna ylppuS retaW dna erafleW *noitatinaS 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 62-5202 52-4202 42-3202 )EB( )ER( )EB( )ER( )EB( )ER( )EB( )ER( )EB( )ER( 31+01+7=61 21+9+6=51 11+8+5=41 31 21 11 01 9 8 7 6 5 4 3 2 1

6.585,32

3.939,81

0.787,91

2.699,3

3.737,1

5.086,4

0.204,4

5.719,3

9.048,3

4.781,51

5.482,31

6.562,11

2.929,79,2

0.814,94,2

6.015,63,2 hsedarP arhdnA .1

8.499,2

7.675,3

2.389,2

1.837,1

7.995,1

3.003,1

2.3

1.04

3.43

5.352,1

8.639,1

6.846,1

7.808,83

3.988,63

5.130,92 hsedarP lahcanurA .2

7.082,41

3.139,11

3.815,8

2.873,5

8.063,2

0.628,1

4.094

5.474

2.704

0.214,8

9.590,9

1.582,6

0.246,64,1

0.184,15,1

6.176,51,1 massA .3

2.182,42

2.870,52

7.807,12

6.790,5

2.327,4

2.496,8

4.278,2

5.673,2

3.399

1.113,61

5.879,71

2.120,21

1.570,49,2

8.424,72,3

0.301,92,2 rahiB .4

3.047,61

7.239,41

5.085,01

8.535,5

8.215,4

0.376,3

5.644

3.193

3.172

0.857,01

7.820,01

1.636,6

9.999,46,1

5.996,15,1

4.174,03,1 hragsittahhC .5

8.942,3

0.753,3

3.726,2

0.122,1

4.032,1

0.829

2.81

9.71

3.71

6.010,2

7.801,2

9.186,1

6.155,52

6.983,52

3.424,02 aoG .6

3.603,03

9.070,92

4.214,32

6.180,7

0.287,7

1.853,6

4.275,6

6.692,6

9.147,4

3.256,61

3.299,41

4.213,21

5.051,23,3

9.109,38,2

6.136,74,2 tarajuG .7

5.634,51

3.775,41

7.036,21

0.119,4

5.947,4

2.426,4

8.463

4.314

3.892

8.061,01

5.414,9

1.807,7

5.822,96,1

4.965,64,1

9.171,33,1 anayraH .8

0.350,5

7.140,6

0.825,5

7.027,1

3.471,2

6.623,2

2.986

6.376

9.674

1.346,2

8.391,3

5.427,2

6.807,25

1.856,95

4.864,05 hsedarP lahcamiH .9

4.102,21

8.439,8

9.092,9

7.027,4

4.073,2

0.567,3

1.8

4.6

5.5

6.274,7

0.855,6

5.025,5

4.356,63,1

0.102,22,1

2.735,10,1 dnahkrahJ .01

0.258,23

6.262,52

6.046,02

1.941,41

6.410,01

9.882,7

4.001,1

4.001,1

0.210,1

4.206,71

6.741,41

6.933,21

8.470,38,3

9.098,04,3

3.702,99,2 akatanraK .11

9.271,21

8.012,11

7.640,11

9.892,1

3.826,1

8.964,1

2.644

4.924

0.175

7.724,01

2.351,9

0.600,9

4.285,89,1

8.177,87,1

5.605,95,1 alareK .21

7.639,34

4.404,43

9.960,82

5.321,02

2.456,31

8.957,11

0.439

2.168

7.356

2.978,22

1.988,91

4.656,51

2.533,57,3

4.363,82,3

4.688,87,2 hsedarP ayhdaM .31

6.438,73

5.543,24

7.176,23

8.419,6

8.600,7

3.235,8

8.417,1

4.458,1

0.354,1

0.502,92

2.484,33

4.686,22

2.020,00,7

0.030,27,6

0.898,12,5 arthsarahaM .41

0.769,1

6.813,2

4.827,1

2.906

0.729

2.097

1.95

0.75

5.12

7.892,1

5.433,1

7.619

7.835,32

4.564,62

6.075,61 rupinaM .51

9.715,3

9.278,2

2.923,2

6.143,1

3.209

7.486

9.89

2.98

4.47

4.770,2

4.188,1

1.075,1

5.795,72

7.375,52

1.451,12 ayalahgeM .61

0.211,1

4.095,1

6.230,1

0.682

4.094

0.983

9.82

8.17

0.3

2.797

2.820,1

5.046

3.426,41

7.429,51

7.511,21 maroziM .71

1.591,1

8.281,1

8.280,1

9.571

1.412

7.502

3.78

2.06

2.54

9.139

5.809

0.238

8.590,02

1.135,02

6.249,71 dnalagaN .81

3.591,43

7.872,33

9.814,12

5.682,11

0.309,01

4.505,5

6.079

4.988

8.216

2.839,12

3.684,12

8.003,51

0.008,66,2

4.809,34,2

3.598,49,1 ahsidO .91

1.372,8

6.393,7

4.942,6

5.316,1

9.635,1

7.932,1

8.452

7.242

9.092

8.404,6

1.416,5

8.817,4

7.136,64,1

3.441,14,1

0.643,22,1 bajnuP .02

6.644,54

0.052,93

4.290,92

6.855,31

5.345,11

5.918,7

5.813,5

1.639,4

6.833,4

6.965,62

4.077,22

3.439,61

5.616,97,3

6.852,33,3

8.472,96,2 nahtsajaR .12

8.401,1

2.680,1

0.679

2.723

0.542

6.242

6.12

1.32

1.02

0.657

2.818

4.317

5.435,51

5.462,41

8.188,01 mikkiS .22

8.313,62

0.618,82

5.567,22

3.569,4

8.092,7

5.299,4

0.130,4

7.011,5

0.655,3

5.713,71

4.414,61

0.712,41

9.292,93,4

5.202,99,3

1.360,95,3 udaN limaT .32

1.196,02

6.780,81

5.623,71

6.849,7

4.119,6

9.297,7

9.874,2

7.161,2

0.261,2

5.362,01

4.410,9

6.173,7

3.738,48,2

1.339,84,2

5.292,91,2 anagnaleT .42

1.994,2

0.323,2

1.856,1

5.906

3.035

7.124

9.436

3.516

0.503

6.452,1

4.771,1

5.139

7.114,13

7.057,92

5.671,12 arupirT .52

7.616,77

4.078,06

5.251,94

6.085,82

4.834,42

4.142,02

4.034,51

9.478,01

7.218,9

7.506,33

1.755,52

4.890,91

9.233,75,7

8.907,54,6

2.853,84,5 hsedarP rattU .62

7.878,7

4.306,5

8.723,6

1.131,3

5.022,1

2.137,1

0.861

1.561

2.571

5.975,4

9.712,4

4.124,4

7.961,57

3.687,86

8.973,85 dnahkarattU .72

6.017,53

1.961,03

8.662,52

8.177,31

8.576,7

3.040,8

0.868,1

6.045,1

0.036,1

8.070,02

7.259,02

5.695,51

0.264,14,3

1.138,00,3

7.617,55,2 lagneB tseW .82

9.213,21

1.175,01

7.288,7

2.994,3

0.688,2

2.423,2

1.819

1.498

6.034

6.598,7

1.197,6

8.721,5

3.146,60,1

4.671,30,1

8.127,87 rimhsaK dna ummaJ .92

5.393,91

9.822,11

2.820,11

0.005,6

0.017,2

9.274,3

2.481

1.431

2.701

3.907,21

8.483,8

1.844,7

3.853,59

7.585,46

2.038,06 ihleD TCN .03

2.413,1

4.392,1

6.180,1

0.822

7.991

6.091

9.02

8.71

3.71

4.560,1

9.570,1

8.378

9.006,21

4.192,21

7.505,01 yrrehcuduP .13

1.864,57,5

3.995,70,5

3.598,51,4

9.913,28,1

5.961,64,1

3.113,33,1

8.636,25

9.637,64

0.973,83

3.115,04,3

0.396,41,3

0.502,44,2

1.603,45,36

4.620,96,75

0.547,03,84 sTU dna setatS llA

6.1

5.1

4.1

5.0

4.0

4.0

1.0

1.0

1.0

0.1

0.1

8.0

8.71

4.71

0.61 PDG fo tnec reP .stnemnrevog etatS yb secnavda dna snaol dna yaltuo latipac ,erutidnepxe eunever sedulcnI :* .stnemnrevog etatS fo stnemucod

tegduB :ecruoSAppendix I 2025-26 Appendices I to IV 173State Finances : A Study of Budgets of 2025-26 174Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (₹ Lakh) ANDHRA PRADESH ARUNACHAL PRADESH Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 1,73,76,701.2 2,01,17,361.1 1,76,03,116.0 2,17,97,653.3 27,44,099.9 31,26,730.3 33,54,626.0 34,54,406.6 I. TAX REVENUE (A+B) 1,31,63,309.4 1,60,26,382.0 1,47,04,667.9 1,66,57,309.3 22,64,283.5 24,38,432.1 25,56,328.1 28,38,799.7 A. Own Tax Revenue (1 to 3) 85,92,235.4 1,09,78,918.0 94,96,652.9 1,09,00,678.3 2,79,761.4 2,95,273.1 2,95,273.1 3,39,564.7

1. Taxes on Income (i+ii) 32,695.3 52,137.5 31,705.2 50,601.3 - - - - i) Agricultural Income Tax - - - - - - - - ii) Taxes on Professions,Trades, Callings and Employment 32,695.3 52,137.5 31,705.2 50,601.3 - - - -

2. Taxes on Property and Capital Transactions (i to iii) 9,90,455.8 13,80,987.1 10,88,575.6 13,63,658.5 6,971.7 4,344.1 4,344.1 4,995.7 i) Land Revenue 5,235.3 5,771.4 1,34,193.7 22,194.4 4,625.9 2,744.7 2,744.7 3,156.4 ii) Stamps and Registration Fees 9,54,235.0 13,50,000.0 9,20,000.0 13,15,044.0 2,345.8 1,599.4 1,599.4 1,839.3 iii) Urban Immovable Property Tax 30,985.5 25,215.7 34,381.8 26,420.0 - - - -

3. Taxes on Commodities and Services (i to viii) 75,69,084.3 95,45,793.4 83,76,372.2 94,86,418.6 2,72,789.6 2,90,929.1 2,90,929.0 3,34,569.0 i) Sales Tax (a to e) 18,47,515.1 24,50,000.0 18,50,480.7 20,87,364.7 51,584.2 36,915.0 58,509.0 67,285.0 a) Central Sales Tax 1,48,210.4 2,03,553.2 1,47,641.4 1,77,664.8 51,584.2 36,915.0 58,509.0 67,285.0 b) State Sales Tax/VAT 16,99,246.1 22,46,384.3 17,02,802.9 19,09,663.5 - - - - c) Surcharge on Sales Tax - - - - - - - - d) Receipts of Turnover Tax - - - - - - - - e) Other Receipts 58.6 62.5 36.5 36.5 - - - - ii) State Excise 15,99,760.3 25,59,700.0 21,30,000.0 27,09,726.0 21,131.3 29,440.5 35,310.0 40,606.5 iii) Taxes on Vehicles 4,55,709.2 5,20,300.0 4,65,500.0 5,66,411.0 7,734.8 4,713.6 7,610.0 8,751.5 iv) Taxes on Goods and Passengers 253.1 1,944.3 12.8 12.8 - - - - v) Taxes and Duties on Electricity 5,52,799.9 2,64,834.6 3,00,819.3 51,020.0 - - - - vi) Entertainment Tax 19.8 26.5 4.0 4.0 - - - - vii) State Goods and Services Tax 31,13,024.3 37,48,918.0 36,29,552.9 40,71,812.0 1,92,339.4 2,19,860.0 1,89,500.0 2,17,926.0 viii) Other Taxes and Duties 2.6 70.0 2.5 68.0 B. Share in Central Taxes (i to x) 45,71,074.0 50,47,464.0 52,08,015.0 57,56,631.0 19,84,522.2 21,43,159.0 22,61,055.0 24,99,235.0 i) Central Goods and Services Tax (CGST) 13,87,260.0 15,07,939.0 15,18,887.0 16,75,903.0 6,02,277.0 6,55,224.0 6,57,024.0 7,27,591.0 ii) Corporation Tax 13,72,038.0 15,15,651.0 14,76,061.0 16,07,448.0 5,95,667.0 6,73,024.0 6,38,428.0 6,97,872.0 iii) Income Tax 15,84,512.0 17,45,593.0 18,78,864.0 21,44,805.0 6,87,914.0 7,41,593.0 8,13,304.0 9,31,165.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - - - - - - - - vi) Taxes on Wealth - - - - - -22.0 - - vii) Customs 1,60,187.0 2,22,846.0 2,75,248.0 2,64,966.0 69,545.0 43,732.0 1,17,096.0 1,15,035.0 viii) Union Excise Duties 60,619.0 46,973.0 50,490.0 55,047.0 26,317.0 26,150.0 25,123.0 23,898.0 ix) Service Tax 851.0 166.0 169.0 166.0 371.0 72.0 3,275.0 72.0 x) Other Taxes and Duties on Commodities and Services 5,607.0 8,296.0 8,296.0 8,296.0 2,431.2 3,386.0 6,805.0 3,602.0 II. NON-TAX REVENUE (C+D) 42,13,391.7 40,90,979.1 28,98,448.1 51,40,344.0 4,79,816.4 6,88,298.2 7,98,297.9 6,15,606.9 C. Own Non-Tax Revenue (1 to 6) 7,43,211.5 10,57,600.0 7,01,805.2 19,11,904.0 90,091.9 1,05,398.2 1,05,397.9 1,21,206.9

1. Interest Receipts 2,073.2 4,020.9 2,706.1 5,123.8 17,298.0 - - -

2. Dividends and Profits 1,30,143.7 1,012.8 1,097.4 50,100.0 - - - -

3. General Services 1,00,135.7 1,52,532.9 1,11,003.7 9,36,155.6 13,769.1 9,685.7 8,171.9 9,396.5

of which: State Lotteries - - - - 175State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) ANDHRA PRADESH ARUNACHAL PRADESH Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 30,387.4 94,749.8 45,732.0 60,849.8 -4,527.3 6,791.3 6,791.4 7,810.1 i) Education, Sports, Art and Culture 3,443.3 47,669.3 5,459.1 7,700.5 1,588.5 489.5 489.5 563.0 ii) Medical and Public Health 21,129.6 38,442.2 31,265.2 42,245.6 226.0 989.2 989.2 1,137.6 iii) Family Welfare 165.0 94.2 216.0 232.1 - - - - iv) Water Supply and Sanitation 734.8 1,512.3 2,000.0 2,530.0 1,276.1 3,028.5 3,028.5 3,482.8 v) Housing 682.3 485.0 325.0 540.0 3.2 932.4 932.4 1,072.2 vi) Urban Development 36.6 139.8 729.1 743.5 709.3 1,322.5 1,322.5 1,520.9 vii) Labour and Employment 1,915.7 3,630.5 2,386.6 3,155.7 -8,496.5 0.1 0.2 0.2 viii) Social Security and Welfare 1,307.1 663.9 1,870.5 2,091.8 159.5 - - - ix) Others 972.9 2,112.5 1,480.5 1,610.5 6.6 29.1 29.1 33.5

5. Fiscal Services - - - - - - - -

6. Economic Services ( i to xvii ) 4,80,471.4 8,05,283.7 5,41,266.1 8,59,674.8 63,552.2 88,921.1 90,434.6 1,04,000.2 i) Crop Husbandry 392.3 944.3 666.5 1,145.9 371.3 1,229.9 1,229.9 1,414.4 ii) Animal Husbandry 52.0 76.0 85.8 105.6 341.6 859.6 859.6 988.6 iii) Fisheries 426.1 899.4 634.1 1,010.3 34.7 145.5 145.5 167.3 iv) Forestry and Wildlife 10,797.5 51,907.6 3,672.5 51,904.0 857.9 3,306.3 3,306.3 3,802.2 v) Plantations - - - - - - - - vi) Co-operation 3,443.3 19,255.6 1,464.6 2,168.0 77.8 172.0 172.0 197.8 vii) Other Agricultural Programmes 0.5 2.2 2.2 2.2 59.7 15.3 15.3 17.6 viii) Major and Medium Irrigation Projects 2,136.7 29,057.7 13,300.2 29,057.7 - - - - ix) Minor Irrigation 87.4 270.4 395.7 570.4 48.7 8.9 20.7 35.8 x) Power 427.8 682.7 527.8 682.7 42,500.7 51,531.3 52,949.2 60,891.8 xi) Petroleum - - - - - - - - xii) Village and Small Industries 593.9 1,119.8 660.0 1,120.1 253.1 2,715.1 2,715.1 3,122.4 xiii) Industries@ 3,05,985.6 5,36,600.0 3,51,800.0 6,00,000.0 13,750.6 18,218.0 18,218.0 20,950.7 xiv) Ports and Light Houses - 0.1 0.1 0.1 - - - - xv) Road Transport 1,45,475.0 1,55,000.0 1,60,000.0 1,60,000.0 2,849.4 7,128.3 7,128.3 8,197.5 xvi) Tourism 1.0 0.2 2.0 2.0 149.9 48.3 132.0 140.0 xvii) Others* 10,652.4 9,467.9 8,054.8 11,906.0 2,256.7 3,542.7 3,542.7 4,074.1 D. Grants from the Centre (1 to 7)** 34,70,180.3 30,33,379.1 21,96,642.9 32,28,440.0 3,89,724.5 5,82,900.0 6,92,900.0 4,94,400.0

1. State Plan Schemes - - - - - - - -

2. Central Plan Schemes - - - - - - - -

3. Centrally Sponsored Schemes 14,08,092.7 24,21,061.6 16,47,324.7 27,00,000.0 3,37,057.7 5,00,000.0 6,00,000.0 4,00,000.0

4. NEC/ Special Plan Scheme - - - - -

5. Finance Commission Grants 9,64,083.6 5,40,230.0 4,92,202.4 4,88,440.0 22,080.0 62,900.0 62,900.0 64,400.0 i) Post Devolution Revenue Deficit Grants 2,69,100.0 - - - - - - - ii) Grants for Rural Local Bodies 3,97,419.0 2,78,725.0 2,10,997.3 2,09,900.0 - 18,900.0 18,900.0 18,500.0 iii) Grants for Urban Local Bodies 98,455.1 1,07,939.0 80,505.1 1,13,000.0 - 9,700.0 9,700.0 9,900.0 iv) Grant in aid for State Disaster Response Fund 98,720.0 1,14,589.0 1,50,700.0 1,08,800.0 22,080.0 28,900.0 28,900.0 30,400.0 v) Others (including Health Sector Grants) 1,00,389.5 38,977.0 50,000.0 56,740.0 - 5,400.0 5,400.0 5,600.0

6. Grants under proviso to Article 275(1) of the Constitution - 3,047.6 3,000.0 5,000.0 - - - -

7. Other Grants 10,98,004.0 69,039.8 54,115.7 35,000.0 30,586.8 20,000.0 30,000.0 30,000.0

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# - 16,397.4 16,426.2 - - - - - 176Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) ASSAM BIHAR Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 91,53,448.7 1,11,94,384.0 1,12,20,534.2 1,17,22,596.7 1,93,34,723.0 2,26,79,840.5 2,44,44,282.5 2,60,83,144.0 I. TAX REVENUE (A+B) 63,50,868.6 74,14,841.9 74,40,218.7 79,31,708.2 1,61,96,517.6 1,67,31,192.0 1,83,73,493.0 1,98,03,585.0 A. Own Tax Revenue (1 to 3) 28,17,811.6 34,14,841.9 34,14,841.7 34,82,304.2 48,36,068.6 54,30,000.0 54,30,000.0 59,52,000.0

1. Taxes on Income (i+ii) 22,415.7 30,920.3 24,657.3 25,172.0 17,995.9 17,500.0 17,500.0 27,500.0 i) Agricultural Income Tax 49.4 276.0 54.3 72.0 - - - - ii) Taxes on Professions,Trades, - - - - Callings and Employment 22,366.3 30,644.3 24,603.0 25,100.0 17,995.9 17,500.0 17,500.0 27,500.0

2. Taxes on Property and Capital Transactions (i to iii) 1,02,841.3 1,45,441.7 1,50,299.8 1,31,288.2 6,92,782.9 8,10,000.0 8,10,000.0 8,95,000.0 i) Land Revenue 33,362.8 22,824.2 36,699.1 47,219.3 58,018.7 60,000.0 60,000.0 70,000.0 ii) Stamps and Registration Fees 69,478.5 1,22,617.5 1,13,600.7 84,068.9 6,34,764.2 7,50,000.0 7,50,000.0 8,25,000.0 iii) Urban Immovable Property Tax - - - - - - - -

3. Taxes on Commodities and Services (i to viii) 26,92,554.6 32,38,479.9 32,39,884.6 33,25,844.0 41,25,289.9 46,02,500.0 46,02,500.0 50,29,500.0 i) Sales Tax (a to e) 7,46,299.3 8,71,799.8 8,71,118.9 8,59,100.0 9,37,086.7 10,01,000.0 10,01,000.0 11,20,000.0 a) Central Sales Tax 27,082.3 41,685.8 41,685.8 31,700.0 582.6 1,000.0 1,000.0 1,100.0 b) State Sales Tax/VAT 7,18,760.0 8,28,930.1 8,28,930.4 8,26,630.8 9,36,504.1 10,00,000.0 10,00,000.0 11,18,900.0 c) Surcharge on Sales Tax 0.0 - 0.0 0.1 - - - - d) Receipts of Turnover Tax - - - - - - - - e) Other Receipts 457.0 1,184.0 502.7 769.1 - - - - ii) State Excise 3,03,867.4 4,10,082.3 4,24,087.7 4,42,464.0 114.9 - - - iii) Taxes on Vehicles 1,68,979.7 2,19,770.7 1,85,877.7 2,11,955.4 3,35,774.8 3,70,000.0 3,70,000.0 4,07,000.0 iv) Taxes on Goods and Passengers 8.8 380.7 9.7 10.7 -113.1 - - - v) Taxes and Duties on Electricity 8,030.7 12,644.7 8,833.8 23,400.0 84,645.5 75,000.0 75,000.0 1,01,600.0 vi) Entertainment Tax 0.5 1.0 0.5 0.6 15.7 - - - vii) State Goods and Services Tax 14,65,363.8 17,23,795.8 17,49,951.5 17,88,908.0 27,67,759.5 31,56,500.0 31,56,500.0 34,00,900.0 viii) Other Taxes and Duties 4.4 4.8 4.9 5.3 5.9 - - - B. Share in Central Taxes (i to x) 35,33,057.0 40,00,000.0 40,25,377.0 44,49,404.0 1,13,60,449.0 1,13,01,192.0 1,29,43,493.0 1,38,51,585.0 i) Central Goods and Services Tax (CGST) 10,72,238.0 12,16,950.0 12,03,922.0 12,95,336.0 34,47,756.0 36,54,243.0 37,42,798.0 41,38,186.0 ii) Corporation Tax 10,60,468.0 12,31,095.0 11,30,896.0 12,42,426.0 34,09,901.0 36,17,096.0 36,36,364.0 41,59,350.0 iii) Income Tax 12,24,698.0 13,56,104.0 14,42,229.0 16,57,759.0 39,37,986.0 35,18,945.0 47,65,832.0 47,90,372.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - - - - - - - - vi) Taxes on Wealth - -32.0 - - - - - - vii) Customs 1,23,811.0 1,36,970.0 2,02,765.0 2,04,797.0 3,98,112.0 3,58,493.0 6,51,985.0 6,11,548.0 viii) Union Excise Duties 46,853.0 51,474.0 39,025.0 42,546.0 1,50,654.0 1,50,147.0 1,25,483.0 1,28,906.0 ix) Service Tax 659.0 745.0 128.0 128.0 2,116.0 2,268.0 412.0 455.0 x) Other Taxes and Duties on Commodities and Services 4,330.0 6,694.0 6,412.0 6,412.0 13,924.0 - 20,619.0 22,768.0 II. NON-TAX REVENUE (C+D) 28,02,580.1 37,79,542.1 37,80,315.6 37,90,888.4 31,38,205.4 59,48,648.5 60,70,789.5 62,79,559.0 C. Own Non-Tax Revenue (1 to 6) 5,90,290.3 8,87,128.5 8,85,401.8 8,36,123.9 5,25,705.5 7,32,586.1 7,32,586.1 8,22,057.0

1. Interest Receipts 82,811.3 46,609.5 95,233.0 1,09,518.0 89,700.3 1,71,925.8 1,71,925.8 2,47,490.2

2. Dividends and Profits 18,510.0 64,456.9 21,286.5 24,479.4 951.4 730.0 730.0 232.0

3. General Services 27,352.1 43,789.3 31,454.9 36,173.9 79,784.3 1,71,973.1 1,71,973.1 1,46,774.1

of which: State Lotteries - - - - 177State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) ASSAM BIHAR Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 13,147.6 8,342.9 15,119.7 17,387.6 3,302.4 6,414.4 6,414.4 7,061.0 i) Education, Sports, Art and Culture 1,016.7 1,248.7 1,169.3 1,344.6 394.0 708.7 708.7 396.3 ii) Medical and Public Health 9,482.1 3,418.9 10,904.4 12,540.1 460.0 3,379.9 3,379.9 4,301.9 iii) Family Welfare 2.0 7.1 2.3 2.6 - - - - iv) Water Supply and Sanitation 87.1 83.6 100.2 115.2 937.2 388.3 388.3 913.0 v) Housing 887.3 997.8 1,020.3 1,173.4 530.0 292.3 292.3 292.8 vi) Urban Development 77.0 85.3 88.5 101.8 - 400.5 400.5 - vii) Labour and Employment 1,592.3 2,491.7 1,831.1 2,105.8 950.4 1,211.3 1,211.3 1,120.4 viii) Social Security and Welfare 1.3 8.3 1.5 1.7 19.0 8.2 8.2 18.6 ix) Others 1.8 1.5 2.1 2.4 11.8 25.3 25.3 18.1

5. Fiscal Services - - - - - - - -

6. Economic Services ( i to xvii ) 4,48,469.4 7,23,929.9 7,22,307.7 6,48,565.0 3,51,967.2 3,81,542.8 3,81,542.8 4,20,499.7 i) Crop Husbandry 124.4 144.7 143.1 164.6 459.3 555.2 555.2 582.5 ii) Animal Husbandry 122.7 148.0 141.1 162.2 59.2 73.0 73.0 80.3 iii) Fisheries 462.6 699.2 532.0 611.8 1,915.0 2,391.5 2,391.5 2,468.7 iv) Forestry and Wildlife 56,467.5 1,25,000.0 1,25,480.2 99,700.1 6,377.4 6,000.5 6,000.5 6,450.0 v) Plantations - - - - - - - - vi) Co-operation 944.5 105.7 1,086.2 1,249.1 887.6 755.7 755.7 997.8 vii) Other Agricultural Programmes 4.1 11.7 4.7 5.5 - - - - viii) Major and Medium Irrigation Projects 9.3 24.1 10.7 12.3 7,164.4 6,006.2 6,006.2 7,500.0 ix) Minor Irrigation 15.1 180.8 17.4 20.0 105.6 372.0 372.0 115.0 x) Power - - - - - - - - xi) Petroleum 3,84,047.8 5,86,037.2 5,86,037.8 5,07,753.0 - - - - xii) Village and Small Industries 37.5 124.7 43.1 49.6 1.9 - - 2.0 xiii) Industries@ 1,390.3 954.8 1,598.8 32,424.2 3,24,556.4 3,50,025.3 3,50,025.3 3,85,035.0 xiv) Ports and Light Houses - - - - - - - - xv) Road Transport - - - - 18.1 20.0 20.0 20.0 xvi) Tourism 258.4 604.9 297.2 341.8 325.3 200.0 200.0 500.0 xvii) Others* 4,585.2 9,894.3 6,915.5 6,071.0 10,097.1 15,143.4 15,143.4 16,748.4 D. Grants from the Centre (1 to 7)** 22,12,289.7 28,92,413.7 28,94,913.7 29,54,764.6 26,12,499.8 52,16,062.4 53,38,203.4 54,57,502.0

1. State Plan Schemes - - - - -16,708.7 - - -

2. Central Plan Schemes - - - - - - - -

3. Centrally Sponsored Schemes 16,20,552.3 23,19,682.2 23,19,682.3 24,75,458.2 17,96,152.3 43,03,942.4 43,12,697.4 45,37,006.0

4. NEC/ Special Plan Scheme - - - - - - - -

5. Finance Commission Grants 5,59,923.0 4,80,627.0 4,80,627.0 4,48,218.0 7,66,251.6 9,12,120.0 10,17,270.0 9,20,496.0 i) Post Devolution Revenue Deficit Grants 2,91,800.0 - - - - - - - ii) Grants for Rural Local Bodies 1,24,100.0 1,93,550.0 1,93,550.0 2,19,050.0 3,85,241.1 4,11,400.0 4,11,400.0 4,01,200.0 iii) Grants for Urban Local Bodies 59,723.0 1,34,850.0 1,34,850.0 1,02,950.0 2,25,650.4 2,11,900.0 3,17,050.0 2,16,000.0 iv) Grant in aid for State Disaster Response Fund 68,080.0 89,460.0 89,460.0 75,120.0 1,24,880.0 1,63,900.0 1,63,900.0 1,72,100.0 v) Others (including Health Sector Grants) 16,220.0 62,767.0 62,767.0 51,098.0 30,480.0 1,24,920.0 1,24,920.0 1,31,196.0

6. Grants under proviso to Article 275(1) of the Constitution - - - - - - - -

7. Other Grants 31,814.4 92,104.5 94,604.5 31,088.3 66,804.7 - 8,236.0 -

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# - - - - - - - - 178Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) CHHATTISGARH GOA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 1,03,50,819.6 1,25,90,000.0 1,21,20,000.0 1,41,00,000.0 18,28,572.7 21,73,149.1 21,28,145.1 22,70,326.0 I. TAX REVENUE (A+B) 77,26,810.4 93,70,000.0 90,20,000.0 1,04,00,000.0 13,08,588.5 14,10,086.5 14,24,470.9 15,23,379.4 A. Own Tax Revenue (1 to 3) 38,78,622.4 49,70,000.0 46,20,000.0 54,00,000.0 8,72,603.5 9,39,249.5 9,27,737.9 9,74,317.4

1. Taxes on Income (i+ii) 81.5 160.6 99.9 109.9 - - - - i) Agricultural Income Tax ii) Taxes on Professions,Trades, - - - - Callings and Employment 81.5 160.6 99.9 109.9 - - - -

2. Taxes on Property and Capital Transactions (i to iii) 3,34,198.6 4,00,000.0 4,20,000.0 5,00,000.0 1,37,394.8 1,31,151.3 1,34,175.9 1,42,821.8 i) Land Revenue 84,780.4 1,20,000.0 1,00,000.0 1,00,000.0 12,711.9 10,596.2 11,341.2 11,952.1 ii) Stamps and Registration Fees 2,49,418.2 2,80,000.0 3,20,000.0 4,00,000.0 1,24,682.9 1,20,555.1 1,22,834.7 1,30,869.7 iii) Urban Immovable Property Tax - - - - - - - -

3. Taxes on Commodities and Services (i to viii) 35,44,342.2 45,69,839.4 41,99,900.1 48,99,890.1 7,35,208.7 8,08,098.2 7,93,562.0 8,31,495.6 i) Sales Tax (a to e) 6,51,347.7 9,96,000.2 6,48,970.0 8,78,866.8 1,85,786.0 2,11,664.8 1,99,874.2 2,04,363.3 a) Central Sales Tax 2,417.2 2,217.9 2,965.2 3,261.9 2,434.9 3,248.6 2,133.2 2,303.9 b) State Sales Tax/VAT 6,48,918.1 9,70,978.3 6,45,989.6 8,75,588.2 1,83,226.4 2,08,416.1 1,97,741.0 2,02,059.4 c) Surcharge on Sales Tax - - - - - - - - d) Receipts of Turnover Tax - - - - - - - - e) Other Receipts 12.4 22,804.1 15.2 16.7 124.7 0.1 - 0.1 ii) State Excise 8,43,041.0 10,99,999.5 10,49,999.5 12,49,999.5 90,006.8 97,495.8 97,712.0 1,03,992.9 iii) Taxes on Vehicles 2,04,819.8 2,20,000.0 2,50,000.0 3,00,000.0 48,261.3 54,836.5 54,636.5 49,081.2 iv) Taxes on Goods and Passengers 7,327.9 9,203.2 8,988.6 9,887.5 2,534.2 3,365.8 3,499.1 3,510.9 v) Taxes and Duties on Electricity 4,58,476.9 5,00,000.0 5,50,000.0 6,00,000.0 - - - - vi) Entertainment Tax 0.1 0.3 0.3 0.3 12.5 18.5 15.8 17.1 vii) State Goods and Services Tax 13,79,328.9 17,44,636.0 16,91,941.5 18,61,135.8 4,05,718.1 4,36,689.1 4,33,547.3 4,68,231.0 viii) Other Taxes and Duties 0.1 0.2 0.2 0.2 2,889.7 4,027.7 4,277.1 2,299.3 B. Share in Central Taxes (i to x) 38,48,188.0 44,00,000.0 44,00,000.0 50,00,000.0 4,35,985.0 4,70,837.0 4,96,733.0 5,49,062.0 i) Central Goods and Services Tax (CGST) 11,67,876.0 14,22,753.1 14,22,753.1 15,19,301.1 1,32,316.0 1,43,948.0 1,43,639.0 1,59,846.0 ii) Corporation Tax 11,55,056.0 14,08,290.4 14,08,290.4 15,02,620.0 1,30,861.0 1,47,858.0 1,39,554.0 1,53,317.0 iii) Income Tax 13,33,934.0 13,70,075.6 13,70,075.6 17,35,324.0 1,51,130.0 1,62,923.0 1,77,973.0 2,04,570.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - - - - - - - - vi) Taxes on Wealth - -36.7 -36.7 - - -5.0 -5.0 - vii) Customs 1,34,855.0 1,39,577.0 1,39,577.0 1,75,433.0 15,279.0 9,608.0 25,021.0 25,272.0 viii) Union Excise Duties 51,032.0 58,458.1 58,458.1 66,387.9 5,782.0 5,745.0 4,816.0 5,250.0 ix) Service Tax 718.0 882.5 882.5 934.0 83.0 16.0 16.0 16.0 x) Other Taxes and Duties on Commodities and Services 4,717.0 - - - 534.0 744.0 5,719.0 791.0 II. NON-TAX REVENUE (C+D) 26,24,009.3 32,20,000.0 31,00,000.0 37,00,000.0 5,19,984.1 7,63,062.7 7,03,674.2 7,46,946.7 C. Own Non-Tax Revenue (1 to 6) 15,14,796.4 18,70,000.0 17,50,000.0 22,00,000.0 4,23,360.5 6,12,405.7 5,93,627.0 6,10,550.5

1. Interest Receipts 17,515.7 26,314.6 35,205.6 23,471.0 3,260.4 1,146.4 1,568.1 1,199.1

2. Dividends and Profits 383.7 813.0 771.2 514.1 122.8 152.9 152.9 153.6

3. General Services 15,573.6 28,682.1 31,301.9 20,867.9 95,470.7 63,784.8 65,747.9 61,704.4

of which: State Lotteries - - - - - 3,575.0 - - 179State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) CHHATTISGARH GOA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 31,548.0 33,064.7 63,410.6 42,273.2 44,525.9 42,483.3 47,928.6 45,818.9 i) Education, Sports, Art and Culture 3,258.6 3,779.6 6,549.7 4,366.4 4,626.4 3,799.8 2,741.0 2,321.6 ii) Medical and Public Health 3,530.1 13,624.1 7,095.3 4,730.2 4,391.1 5,439.4 4,994.9 5,444.1 iii) Family Welfare - 2.1 2.1 2.1 - 0.0 - 0.0 iv) Water Supply and Sanitation 151.8 178.8 305.0 203.3 19,690.6 23,760.0 27,988.2 24,847.1 v) Housing 680.2 702.7 1,367.0 911.5 107.4 168.6 51.1 42.6 vi) Urban Development 16,795.6 3,537.7 33,757.7 22,503.6 13,450.7 8,200.0 10,514.2 11,550.0 vii) Labour and Employment 3,443.8 5,578.0 6,921.8 4,614.5 830.4 1,052.7 1,023.5 913.1 viii) Social Security and Welfare 766.6 1,219.1 1,540.8 1,027.2 1,429.1 61.2 613.3 698.7 ix) Others 2,921.3 4,442.7 5,871.2 3,914.4 0.1 1.7 2.4 1.7

5. Fiscal Services - 0.1 0.2 0.1 - - - -

6. Economic Services ( i to xvii ) 14,49,775.6 17,81,125.6 16,19,310.5 21,12,873.7 2,79,980.7 5,04,838.3 4,78,229.6 5,01,674.5 i) Crop Husbandry 3,288.0 2,956.9 6,608.6 4,405.7 251.0 263.7 286.1 200.0 ii) Animal Husbandry 691.5 834.0 1,389.8 926.6 324.6 565.1 456.1 472.1 iii) Fisheries 696.7 834.0 1,400.4 933.6 656.6 725.0 748.3 800.0 iv) Forestry and Wildlife 81,128.2 90,000.0 1,00,000.0 1,50,000.0 724.3 755.0 570.1 577.0 v) Plantations - - - - - - - - vi) Co-operation 267.7 292.0 538.0 358.7 276.9 168.4 168.9 177.3 vii) Other Agricultural Programmes 137.5 222.9 276.2 184.2 20.8 6.0 6.0 0.0 viii) Major and Medium Irrigation Projects 45,295.0 92,933.2 72,933.2 85,655.2 1,167.5 7,531.6 6,185.2 12,727.1 ix) Minor Irrigation 34,210.3 27,066.8 27,066.8 64,344.8 1,027.3 3,616.0 2,577.6 3,807.0 x) Power - - - - 2,43,558.3 4,26,232.7 4,34,982.3 4,48,764.3 xi) Petroleum - - - - - - - - xii) Village and Small Industries 492.3 353.7 989.5 659.7 4,973.2 4,236.0 6.7 4,001.5 xiii) Industries@ 12,80,593.6 15,62,221.2 14,02,128.7 18,01,419.0 17,998.6 51,971.2 20,442.5 18,787.9 xiv) Ports and Light Houses - - - - 1,974.5 1,412.7 1,862.8 1,925.9 xv) Road Transport - - - - - - - - xvi) Tourism - - - - 2,070.2 2,950.0 3,325.0 2,950.0 xvii) Others* 2,974.9 3,411.0 5,979.3 3,986.2 4,956.9 4,405.0 6,611.8 6,484.4 D. Grants from the Centre (1 to 7)** 11,09,212.8 13,50,000.0 13,50,000.0 15,00,000.0 96,623.6 1,50,656.9 1,10,047.2 1,36,396.1

1. State Plan Schemes - - - - 15,042.1 15,500.0 15,500.0

2. Central Plan Schemes - - - - 10,273.5 16,836.0 8,177.6 8,492.1

3. Centrally Sponsored Schemes 8,21,762.6 10,14,500.0 10,24,838.0 11,38,500.0 35,966.9 1,09,043.4 55,894.2 1,13,382.6

4. NEC/ Special Plan Scheme - - - -

5. Finance Commission Grants 1,77,090.0 2,30,600.0 2,30,600.0 2,31,500.0 1,080.0 4,038.0 5,538.3 6,750.0 i) Post Devolution Revenue Deficit Grants - - - - - 318.0 - 300.0 ii) Grants for Rural Local Bodies 1,12,500.0 1,19,200.0 1,19,200.0 1,16,300.0 3,720.0 4,258.3 4,550.0 iii) Grants for Urban Local Bodies 37,350.0 61,400.0 61,400.0 62,700.0 - - - - iv) Grant in aid for State Disaster Response Fund 18,160.0 40,000.0 40,000.0 40,000.0 1,080.0 - 1,280.0 1,900.0 v) Others (including Health Sector Grants) 9,080.0 10,000.0 10,000.0 12,500.0 - - - -

6. Grants under proviso to Article 275(1) of the Constitution 15,676.8 22,100.0 22,100.0 22,100.0 - - - -

7. Other Grants 94,683.5 82,800.0 72,462.0 1,07,900.0 34,261.1 5,239.5 24,937.0 7,771.5

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# 58,702.0 - 12,762.0 - 34,306.0 - 16,447.5 - 180Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) GUJARAT HARYANA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 2,22,76,272.9 2,29,65,317.0 2,31,53,146.0 2,51,55,307.0 1,01,31,484.1 1,16,63,890.3 1,12,62,439.9 1,27,81,683.6 I. TAX REVENUE (A+B) 1,73,49,797.6 1,91,19,500.0 1,92,38,373.0 2,07,88,330.0 84,85,646.8 97,88,333.0 96,00,973.0 1,07,69,103.7 A. Own Tax Revenue (1 to 3) 1,34,21,434.6 1,48,94,976.0 1,47,62,576.0 1,58,41,068.0 72,51,111.8 84,55,110.0 81,94,408.0 92,14,371.7

1. Taxes on Income (i+ii) 25,951.7 26,500.0 26,100.0 26,600.0 - - - - i) Agricultural Income Tax - - - - - - - - ii) Taxes on Professions,Trades, Callings and Employment 25,951.7 26,500.0 26,100.0 26,600.0 - - - -

2. Taxes on Property and Capital Transactions (i to iii) 24,56,806.0 21,93,900.0 20,97,994.0 25,58,122.0 10,55,169.6 15,12,900.0 14,07,696.0 16,59,030.7 i) Land Revenue 8,55,817.0 5,51,000.0 4,00,376.0 5,18,122.0 2,240.8 2,800.0 2,800.0 3,500.0 ii) Stamps and Registration Fees 15,33,402.0 16,00,000.0 16,49,987.0 19,80,000.0 10,52,928.8 15,10,100.0 14,04,896.0 16,55,530.7 iii) Urban Immovable Property Tax 67,587.0 42,900.0 47,631.0 60,000.0 - - - -

3. Taxes on Commodities and Services (i to viii) 1,09,38,676.8 1,26,74,576.0 1,26,38,482.0 1,32,56,346.0 61,95,942.2 69,42,210.0 67,86,712.0 75,55,341.0 i) Sales Tax (a to e) 33,12,668.8 33,90,000.0 33,21,300.0 32,62,600.0 11,33,056.4 13,20,000.0 11,80,000.0 12,75,000.0 a) Central Sales Tax 3,89,605.9 5,57,811.0 4,05,800.0 3,97,300.0 23,534.2 40,219.7 20,219.7 20,219.7 b) State Sales Tax/VAT 4,21,645.5 4,84,603.0 4,01,500.0 4,06,100.0 11,09,498.9 12,79,766.6 11,59,752.6 12,54,753.1 c) Surcharge on Sales Tax - - - - 0.0 - - - d) Receipts of Turnover Tax - - - - - - - - e) Other Receipts 25,01,417.5 23,47,586.0 25,14,000.0 24,59,200.0 23.3 13.7 27.7 27.2 ii) State Excise 20,030.0 15,500.0 20,000.0 25,000.0 11,32,648.4 12,65,000.0 12,65,000.0 14,06,391.0 iii) Taxes on Vehicles 5,56,762.0 5,60,000.0 5,67,693.0 6,20,000.0 4,90,363.6 5,40,360.0 5,25,000.0 6,00,000.0 iv) Taxes on Goods and Passengers 24,229.0 14,000.0 15,000.0 15,000.0 670.9 600.0 800.0 850.0 v) Taxes and Duties on Electricity 11,51,394.0 11,75,424.0 11,74,912.0 12,11,699.0 42,446.9 65,550.0 65,000.0 70,000.0 vi) Entertainment Tax 250.5 404.0 - - 1.4 7.1 7.1 7.1 vii) State Goods and Services Tax 58,00,986.0 74,59,676.0 74,75,005.0 80,52,000.0 33,96,002.6 37,49,800.0 37,50,000.0 42,02,100.0 viii) Other Taxes and Duties 72,356.5 59,572.0 64,572.0 70,047.0 752.1 892.9 904.9 992.9 B. Share in Central Taxes (i to x) 39,28,363.0 42,24,524.0 44,75,797.0 49,47,262.0 12,34,535.0 13,33,223.0 14,06,565.0 15,54,732.0 i) Central Goods and Services Tax (CGST) 11,92,214.0 14,23,700.0 13,07,209.0 14,40,275.0 3,74,667.0 4,07,604.0 4,06,729.0 4,52,622.0 ii) Corporation Tax 11,79,115.0 13,44,800.0 12,70,035.0 13,81,445.0 3,70,550.0 4,18,677.0 3,95,163.0 4,34,134.0 iii) Income Tax 13,61,732.0 13,06,600.0 16,19,674.0 18,43,250.0 4,27,941.0 4,61,332.0 5,03,950.0 5,79,262.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - - - - - - - - vi) Taxes on Wealth - - - - 1,512.0 2,093.0 16,192.0 2,241.0 vii) Customs 1,37,665.0 1,01,200.0 2,27,712.0 2,27,712.0 43,262.0 27,205.0 70,851.0 71,561.0 viii) Union Excise Duties 52,095.0 42,400.0 43,826.0 47,307.0 16,372.0 16,267.0 13,636.0 14,867.0 ix) Service Tax 733.0 800.0 140.0 143.0 231.0 45.0 44.0 45.0 x) Other Taxes and Duties on Commodities and Services 4,809.0 5,024.0 7,201.0 7,130.0 - - - - II. NON-TAX REVENUE (C+D) 49,26,475.3 38,45,817.0 39,14,773.0 43,66,977.0 16,45,837.3 18,75,557.3 16,61,466.9 20,12,579.9 C. Own Non-Tax Revenue (1 to 6) 23,70,775.0 19,67,526.0 20,30,819.0 23,65,899.0 8,10,300.2 9,24,346.3 8,77,161.5 10,33,426.2

1. Interest Receipts 2,70,267.0 2,00,001.0 1,66,248.0 1,81,901.0 1,64,519.5 1,79,500.0 1,79,500.0 1,85,000.0

2. Dividends and Profits 75,717.0 60,000.0 2,55,000.0 2,55,000.0 28,979.1 26,000.0 26,000.0 30,000.0

3. General Services 2,51,319.0 1,24,805.0 1,71,338.0 1,97,719.0 66,579.2 67,300.0 80,986.2 87,332.7

of which: State Lotteries - - - - 6.1 3.2 3.2 3.2 181State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) GUJARAT HARYANA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 5,05,034.0 4,26,502.0 3,29,458.0 3,84,041.0 2,49,292.7 3,42,309.3 3,04,750.2 3,66,815.0 i) Education, Sports, Art and Culture 1,94,652.0 1,63,500.0 1,10,058.0 97,531.0 36,651.7 69,500.0 69,500.0 75,000.0 ii) Medical and Public Health 26,595.0 51,700.0 54,000.0 45,017.0 30,120.6 61,083.6 41,000.0 45,000.0 iii) Family Welfare 26,872.0 800.0 1,000.0 1,000.0 2.5 5.0 2,000.0 2,500.0 iv) Water Supply and Sanitation 49,479.0 2,000.0 2,000.0 15,000.0 4,869.4 8,500.0 8,500.0 9,000.0 v) Housing 1,848.0 6,200.0 7,562.0 8,513.0 1,002.4 1,500.0 2,000.0 2,200.0 vi) Urban Development 73,067.0 61,601.0 19,101.0 65,202.0 1,55,963.4 1,80,000.0 1,60,000.0 2,10,000.0 vii) Labour and Employment 1,15,881.0 1,02,300.0 1,15,005.0 1,27,598.0 4,387.5 5,163.2 5,163.2 5,500.0 viii) Social Security and Welfare 2,432.0 2,600.0 1,633.0 2,600.0 16,236.2 16,500.0 16,500.0 17,500.0 ix) Others 14,208.0 35,801.0 19,099.0 21,580.0 59.1 57.5 87.0 115.0

5. Fiscal Services 6.0 8.0 7.0 8.0 - - - -

6. Economic Services ( i to xvii ) 12,68,432.0 11,56,210.0 11,08,768.0 13,47,230.0 3,00,929.7 3,09,237.0 2,85,925.2 3,64,278.5 i) Crop Husbandry 28,323.0 24,801.0 50,021.0 56,561.0 4,305.5 3,500.0 3,500.0 4,200.0 ii) Animal Husbandry 4,671.0 14,501.0 20,013.0 23,087.0 233.3 300.0 579.0 610.0 iii) Fisheries 1,559.0 2,101.0 4,564.0 5,024.0 344.9 550.0 550.0 600.0 iv) Forestry and Wildlife 4,489.0 5,701.0 2,976.0 3,528.0 2,303.2 2,500.0 2,500.0 2,800.0 v) Plantations - - - - - - - - vi) Co-operation 1,594.0 16,500.0 2,034.0 3,524.0 864.8 1,200.0 1,200.0 1,300.0 vii) Other Agricultural Programmes 364.0 1,000.0 3,521.0 4,021.0 173.1 250.0 250.0 300.0 viii) Major and Medium Irrigation Projects 2,09,328.0 2,35,402.0 2,02,661.0 2,90,101.0 61,833.2 36,010.0 36,010.0 36,700.0 ix) Minor Irrigation 1,044.0 10,501.0 4,347.0 5,065.0 0.1 - - - x) Power 26,309.0 1,901.0 4,565.0 4,725.0 - - - - xi) Petroleum 1.0 - - - 0.0 - - - xii) Village and Small Industries 4,326.0 6,401.0 2,561.0 3,005.0 421.8 500.0 500.0 600.0 xiii) Industries@ 6,10,713.0 4,62,901.0 5,80,809.0 6,60,035.0 81,094.9 95,625.0 75,600.0 1,40,150.0 xiv) Ports and Light Houses 1,47,745.0 1,50,000.0 1,70,000.0 2,10,400.0 - - - - xv) Road Transport 109.0 - - - 1,36,850.4 1,50,000.0 1,50,000.0 1,60,000.0 xvi) Tourism 21,306.0 500.0 7.0 9.0 96.0 200.0 200.0 300.0 xvii) Others* 2,06,551.0 2,24,000.0 60,689.0 78,145.0 12,408.4 18,602.0 15,036.2 16,718.5 D. Grants from the Centre (1 to 7)** 25,55,700.3 18,78,291.0 18,83,954.0 20,01,078.0 8,35,537.0 9,51,211.0 7,84,305.3 9,79,153.7

1. State Plan Schemes - - - - -

2. Central Plan Schemes - - - - -

3. Centrally Sponsored Schemes 9,46,824.8 12,80,182.0 12,92,491.0 13,09,936.0 2,76,855.9 5,65,673.9 4,56,371.9 6,39,318.6

4. NEC/ Special Plan Scheme - - - - -

5. Finance Commission Grants 5,25,789.0 5,24,272.0 5,01,905.0 6,33,197.0 1,97,332.6 3,70,025.5 3,12,533.4 3,24,235.1 i) Post Devolution Revenue Deficit Grants - - 42,400.0 1.0 20,000.0 ii) Grants for Rural Local Bodies 2,47,300.0 79,815.0 2,85,195.0 2,79,500.0 1,34,024.6 1,03,600.0 1,59,000.0 1,01,100.0 iii) Grants for Urban Local Bodies 1,24,399.0 74,200.0 1,03,234.0 1,37,600.0 19,948.0 53,400.0 53,400.0 54,400.0 iv) Grant in aid for State Disaster Response Fund 1,14,000.0 1,58,667.0 60,000.0 1,28,700.0 43,360.0 68,299.5 83,307.0 80,435.0 v) Others (including Health Sector Grants) 40,090.0 2,11,590.0 53,476.0 87,397.0 - 1,02,326.0 16,825.4 68,300.1

6. Grants under proviso to Article 275(1) of the Constitution - - - - -

7. Other Grants 10,83,086.5 73,837.0 89,558.0 57,945.0 3,61,348.6 15,511.6 15,400.0 15,600.0

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# 10,69,347.0 - - - 3,50,488.6 - - - 182Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) HIMACHAL PRADESH JAMMU AND KASHMIR Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 39,17,304.3 42,15,308.0 43,70,395.9 42,34,296.9 70,10,769.6 97,71,910.3 88,50,479.1 90,52,918.0 I. TAX REVENUE (A+B) 21,21,001.2 25,22,489.1 24,20,755.3 27,90,739.7 13,90,321.7 20,86,000.0 20,85,500.0 21,55,000.0 A. Own Tax Revenue (1 to 3) 11,83,529.2 15,10,069.1 13,52,631.3 16,10,109.7 13,90,321.7 20,86,000.0 20,85,500.0 21,55,000.0

1. Taxes on Income (i+ii) - - - - - - - - i) Agricultural Income Tax - - - - ii) Taxes on Professions,Trades, Callings and Employment - - - - - - - -

2. Taxes on Property and Capital Transactions (i to iii) 44,739.9 64,337.2 68,498.0 1,65,703.1 80,133.2 93,000.0 93,000.0 1,03,500.0 i) Land Revenue 703.1 1,784.3 1,697.1 1,01,895.4 12,378.7 13,000.0 13,000.0 13,500.0 ii) Stamps and Registration Fees 44,036.8 62,553.0 66,800.9 63,807.7 67,754.5 80,000.0 80,000.0 90,000.0 iii) Urban Immovable Property Tax - - - - - - - -

3. Taxes on Commodities and Services (i to viii) 11,38,789.3 14,45,731.8 12,84,133.4 14,44,406.7 13,10,188.5 19,93,000.0 19,92,500.0 20,51,500.0 i) Sales Tax (a to e) 1,75,373.1 2,08,000.0 1,97,500.0 2,21,200.0 1,63,119.4 1,90,000.0 1,90,000.0 1,99,500.0 a) Central Sales Tax 6,322.8 8,708.9 1,919.8 2,150.1 918.8 - - - b) State Sales Tax/VAT 1,69,050.3 1,99,291.2 1,95,580.3 2,19,049.9 1,62,200.6 1,90,000.0 1,90,000.0 1,99,500.0 c) Surcharge on Sales Tax - - - - - - - - d) Receipts of Turnover Tax - - - - - - - - e) Other Receipts - - - - - - - - ii) State Excise 2,69,232.9 2,88,400.0 2,90,200.0 3,25,000.0 2,49,025.3 2,60,000.0 2,60,000.0 2,99,000.0 iii) Taxes on Vehicles 78,174.2 90,224.5 88,444.0 97,804.5 90,425.4 1,40,000.0 1,40,000.0 1,50,000.0 iv) Taxes on Goods and Passengers 7,087.5 6,582.2 7,453.3 7,435.4 1,133.3 3,000.0 2,500.0 3,000.0 v) Taxes and Duties on Electricity 36,906.8 55,085.1 55,120.4 68,829.4 71.1 - - - vi) Entertainment Tax 4.7 13.4 1.2 1.3 - - - - vii) State Goods and Services Tax 5,33,988.5 6,55,200.0 6,01,000.0 6,76,125.0 8,06,414.1 14,00,000.0 14,00,000.0 14,00,000.0 viii) Other Taxes and Duties 38,021.6 1,42,226.6 44,414.5 48,011.1 - - - - B. Share in Central Taxes (i to x) 9,37,472.0 10,12,420.0 10,68,124.0 11,80,630.0 - - - - i) Central Goods and Services Tax (CGST) 2,84,513.0 3,09,525.0 3,08,861.0 3,43,711.0 - - - - ii) Corporation Tax 2,81,387.0 3,17,934.0 3,00,078.0 3,29,672.0 - - - - iii) Income Tax 3,24,967.0 3,50,326.0 3,93,293.0 4,39,879.0 - - - - iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - - - - - - - - vi) Taxes on Wealth - -10.0 - - - - - - vii) Customs 32,853.0 20,659.0 53,803.0 54,342.0 - - - - viii) Union Excise Duties 12,432.0 12,353.0 10,355.0 11,290.0 - - - - ix) Service Tax 173.0 34.0 33.0 34.0 - - - - x) Other Taxes and Duties on Commodities and Services 1,147.0 1,599.0 1,701.0 1,702.0 - - - - II. NON-TAX REVENUE (C+D) 17,96,303.1 16,92,818.9 19,49,640.6 14,43,557.2 56,20,447.9 76,85,910.3 67,64,979.1 68,97,918.0 C. Own Non-Tax Revenue (1 to 6) 3,02,088.3 3,64,070.8 4,23,058.6 4,19,305.0 6,43,033.5 9,72,645.3 8,57,821.0 10,35,511.0

1. Interest Receipts 12,605.8 7,338.4 53,533.9 27,424.8 2,786.8 2,000.0 200.0 280.0

2. Dividends and Profits 19,117.1 19,199.0 18,176.9 15,701.4 3,141.4 20,000.0 - 20,000.0

3. General Services 35,376.4 41,974.5 38,989.0 40,020.1 23,912.5 49,200.0 24,750.0 30,660.0

of which: State Lotteries - - - - - - - - 183State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) HIMACHAL PRADESH JAMMU AND KASHMIR Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 17,828.5 29,358.7 36,825.3 46,012.7 25,909.0 1,09,001.0 32,301.0 52,401.0 i) Education, Sports, Art and Culture 5,979.5 6,697.9 7,120.9 7,006.3 3,303.0 2,000.0 2,200.0 2,300.0 ii) Medical and Public Health 2,447.4 2,698.5 2,635.4 2,766.7 4,340.5 14,000.0 5,000.0 5,500.0 iii) Family Welfare 0.6 0.7 0.7 0.5 2.2 - - - iv) Water Supply and Sanitation 5,198.5 7,949.5 7,949.5 23,492.5 12,427.7 70,000.0 19,500.0 30,000.0 v) Housing 433.9 599.4 633.5 574.3 614.5 20,000.0 1,000.0 10,000.0 vi) Urban Development 523.4 375.1 1,381.6 450.6 4,238.5 1,000.0 100.0 100.0 vii) Labour and Employment 1,165.7 1,315.7 1,679.7 1,689.6 735.0 1,000.0 1,000.0 1,000.0 viii) Social Security and Welfare 2,004.8 9,587.3 15,309.1 9,952.0 244.3 1,000.0 3,500.0 3,500.0 ix) Others 74.7 134.7 115.0 80.0 3.4 1.0 1.0 1.0

5. Fiscal Services - - - - - - - -

6. Economic Services ( i to xvii ) 2,17,160.5 2,66,200.2 2,75,533.5 2,90,146.1 5,87,283.9 7,92,444.3 8,00,570.0 9,32,170.0 i) Crop Husbandry 2,498.5 1,514.4 1,620.9 1,512.4 2,234.0 2,000.0 2,000.0 2,200.0 ii) Animal Husbandry 45.5 269.2 243.6 270.0 1,139.3 2,000.0 1,300.0 1,400.0 iii) Fisheries 313.3 466.5 511.3 487.5 1,063.4 1,500.0 1,000.0 1,500.0 iv) Forestry and Wildlife 8,994.8 8,711.1 9,183.2 9,396.6 16,504.9 28,000.0 20,000.0 25,000.0 v) Plantations 0.8 2.1 2.1 3.0 - - - - vi) Co-operation 338.0 627.8 595.4 711.9 34.9 16.1 20.0 20.0 vii) Other Agricultural Programmes 6.9 83.2 83.2 90.0 49.6 73.7 50.0 50.0 viii) Major and Medium Irrigation Projects 2.7 4.7 4.8 4.7 1,22,049.0 1,00,000.0 1,30,000.0 1,40,000.0 ix) Minor Irrigation 76.7 256.5 256.5 280.8 1,261.7 5,000.0 1,300.0 1,400.0 x) Power 1,66,735.5 2,01,726.2 2,06,758.9 2,19,907.0 4,20,861.0 6,00,000.0 6,00,000.0 7,00,000.0 xi) Petroleum - - - - - - - - xii) Village and Small Industries 166.7 176.8 174.8 177.7 313.7 13,835.0 18,400.0 19,000.0 xiii) Industries@ 35,195.6 37,228.8 36,411.0 41,690.1 17,546.6 30,000.0 20,000.0 30,000.0 xiv) Ports and Light Houses - - - - - - - - xv) Road Transport 5.5 6.0 12.0 12.0 - - - - xvi) Tourism 337.5 434.6 434.6 457.5 2,021.8 5,000.0 5,000.0 10,000.0 xvii) Others* 2,442.6 14,692.4 19,241.2 15,145.0 2,204.2 5,019.5 1,500.0 1,600.0 D. Grants from the Centre (1 to 7)** 14,94,214.8 13,28,748.2 15,26,582.0 10,24,252.2 49,77,414.3 67,13,265.0 59,07,158.1 58,62,407.0

1. State Plan Schemes - - - - - 50,000.0 30,000.0 70,000.0

2. Central Plan Schemes - - - - - - - -

3. Centrally Sponsored Schemes 5,31,172.5 5,89,533.0 7,78,666.3 5,82,678.1 7,95,825.8 12,00,400.0 9,33,400.0 12,82,400.0

4. NEC/ Special Plan Scheme - - - - - - - -

5. Finance Commission Grants 8,73,815.7 7,37,215.0 7,37,215.0 4,39,574.0 - - - - i) Post Devolution Revenue Deficit Grants 8,05,800.0 6,25,800.0 6,25,800.0 3,25,700.0 - - - - ii) Grants for Rural Local Bodies 11,851.3 45,392.0 45,392.0 45,019.0 - - - - iii) Grants for Urban Local Bodies 15,804.4 18,723.0 18,723.0 19,155.0 - - - - iv) Grant in aid for State Disaster Response Fund 36,080.0 47,300.0 47,300.0 49,700.0 - - - - v) Others (including Health Sector Grants) 4,280.0 - - - - - - -

6. Grants under proviso to Article 275(1) of the Constitution 1,696.5 2,000.0 2,244.2 2,000.0 - - - -

7. Other Grants 87,530.2 0.1 8,456.5 0.1 41,81,588.5 54,62,865.0 49,43,758.1 45,10,007.0

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# 8,800.1 - - - - - - - 184Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) JHARKHAND KARNATAKA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 87,92,850.0 1,10,80,000.0 1,10,33,774.7 1,25,15,344.0 2,33,34,287.7 2,63,17,781.7 2,57,80,072.7 2,92,47,654.0 I. TAX REVENUE (A+B) 65,35,712.0 74,53,822.0 76,38,528.0 82,24,022.0 2,04,69,766.4 2,34,37,852.0 2,27,30,075.0 2,59,97,654.0 A. Own Tax Revenue (1 to 3) 28,00,476.9 34,19,826.0 33,82,687.5 35,19,883.6 1,63,50,503.4 1,89,89,303.0 1,80,36,803.0 2,08,10,000.0

1. Taxes on Income (i+ii) 4,665.4 8,617.3 8,587.5 8,883.6 1,34,104.7 1,40,000.0 1,34,600.0 1,45,800.0 i) Agricultural Income Tax - 0.0 - - 8.9 - - - ii) Taxes on Professions,Trades, Callings and Employment 4,665.4 8,617.3 8,587.5 8,883.6 1,34,095.8 1,40,000.0 1,34,600.0 1,45,800.0

2. Taxes on Property and Capital Transactions (i to iii) 3,13,344.3 3,15,000.0 3,20,000.0 3,30,000.0 21,00,692.4 26,36,217.0 24,36,217.0 28,61,277.0 i) Land Revenue 1,66,569.7 1,70,000.0 1,70,000.0 1,80,000.0 86,021.1 36,217.0 36,217.0 61,277.0 ii) Stamps and Registration Fees 1,46,774.3 1,45,000.0 1,50,000.0 1,50,000.0 20,14,671.2 26,00,000.0 24,00,000.0 28,00,000.0 iii) Urban Immovable Property Tax 0.3 - - - - - - -

3. Taxes on Commodities and Services (i to viii) 24,82,467.2 30,96,208.7 30,54,100.0 31,81,000.0 1,41,15,706.3 1,62,13,086.0 1,54,65,986.0 1,78,02,923.0 i) Sales Tax (a to e) 6,94,892.4 9,12,110.9 9,00,000.0 9,30,500.0 20,81,087.6 22,12,500.0 23,53,800.0 26,41,000.0 a) Central Sales Tax 11,538.0 6,843.6 10,292.5 10,640.4 1,14,610.2 - - - b) State Sales Tax/VAT 6,83,350.2 9,05,239.7 8,89,689.7 9,19,841.2 19,23,062.7 22,12,500.0 23,53,800.0 26,41,000.0 c) Surcharge on Sales Tax - 5.3 2.9 3.0 - - - - d) Receipts of Turnover Tax - 20.7 11.6 12.0 - - - - e) Other Receipts 4.3 1.7 3.3 3.4 43,414.7 - - - ii) State Excise 2,37,610.0 2,70,000.0 2,80,000.0 3,00,000.0 34,62,898.1 38,52,500.0 36,50,000.0 40,00,000.0 iii) Taxes on Vehicles 1,75,639.6 2,35,000.0 2,29,000.0 2,40,000.0 11,28,725.8 13,00,000.0 12,50,000.0 15,00,000.0 iv) Taxes on Goods and Passengers - - - - -528.9 - - - v) Taxes and Duties on Electricity 1,39,537.2 1,41,290.6 1,45,000.0 1,60,000.0 3,32,307.0 2,00,586.0 2,00,586.0 1,48,723.0 vi) Entertainment Tax 9.5 57.5 20.1 97.2 872.2 - - - vii) State Goods and Services Tax 12,34,771.6 15,37,473.9 15,00,000.0 15,50,000.0 71,04,145.1 86,47,500.0 80,11,600.0 92,13,200.0 viii) Other Taxes and Duties 7.0 275.9 79.9 402.8 6,199.3 - - 3,00,000.0 B. Share in Central Taxes (i to x) 37,35,235.1 40,33,996.0 42,55,840.5 47,04,138.4 41,19,263.0 44,48,549.0 46,93,272.0 51,87,654.0 i) Central Goods and Services Tax (CGST) 11,33,598.0 10,73,230.9 12,77,378.0 14,11,936.0 12,50,146.0 13,60,047.0 13,57,127.0 15,10,259.0 ii) Corporation Tax 11,21,150.0 12,23,837.7 14,75,207.0 16,30,604.0 12,36,418.0 13,96,993.0 13,18,535.0 14,48,570.0 iii) Income Tax 12,94,784.0 11,92,893.4 12,91,560.0 14,27,612.0 14,27,902.0 15,39,323.0 16,81,525.0 19,32,816.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - 174.0 112.5 116.4 - - - - vi) Taxes on Wealth - - - - - -45.0 - - vii) Customs 1,30,897.0 2,46,544.9 1,49,138.0 1,64,847.0 1,44,354.0 90,775.0 2,82,960.0 2,38,777.0 viii) Union Excise Duties 49,533.0 2,79,253.4 56,436.0 62,381.0 54,627.0 54,278.0 45,500.0 49,606.0 ix) Service Tax 694.0 11,061.8 793.0 876.0 766.0 150.0 149.0 150.0 x) Other Taxes and Duties on Commodities and Services 4,579.1 7,000.0 5,216.0 5,766.0 5,050.0 7,028.0 7,476.0 7,476.0 II. NON-TAX REVENUE (C+D) 22,57,138.0 36,26,178.0 33,95,246.7 42,91,322.0 28,64,521.4 28,79,929.7 30,49,997.7 32,50,000.0 C. Own Non-Tax Revenue (1 to 6) 13,42,512.0 19,30,043.0 20,02,653.7 25,85,611.9 13,11,737.1 13,49,959.7 14,49,997.7 16,50,000.0

1. Interest Receipts 43,097.9 37,363.3 50,000.0 70,000.0 1,49,269.8 41,753.0 3,00,841.4 2,53,069.0

2. Dividends and Profits - 591.2 7,200.0 6,000.0 30,287.4 47,700.0 84,971.8 1,29,400.0

3. General Services 70,787.0 1,30,982.2 62,225.0 75,491.9 1,97,232.6 1,84,762.6 1,54,602.0 1,18,926.0

of which: State Lotteries - 0.1 0.0 0.0 - - 146.0 - 185State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) JHARKHAND KARNATAKA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 37,999.8 51,797.7 35,107.0 60,508.0 85,328.7 79,568.3 95,706.1 1,20,674.0 i) Education, Sports, Art and Culture 477.4 600.0 500.0 700.0 16,770.4 5,363.0 15,206.0 25,344.0 ii) Medical and Public Health 974.9 1,100.0 400.0 800.0 48,843.6 48,967.1 60,834.0 63,856.0 iii) Family Welfare - 0.1 - 1.0 27.3 60.0 64.4 66.0 iv) Water Supply and Sanitation 1,427.7 1,450.7 3,000.0 3,500.0 339.7 302.0 210.8 300.0 v) Housing 2,177.0 3,000.0 200.0 3,000.0 8,384.7 8,764.0 9,134.4 14,126.0 vi) Urban Development 13,820.6 26,695.2 17,500.0 25,000.0 2,192.9 6,080.5 2,223.1 7,199.0 vii) Labour and Employment 11,169.8 8,946.1 11,000.0 20,000.0 8,191.8 8,674.8 7,116.6 8,989.0 viii) Social Security and Welfare 7,948.7 10,000.0 2,500.0 7,500.0 190.2 588.0 544.4 425.0 ix) Others 3.9 5.7 7.0 7.0 388.1 769.0 372.3 369.0

5. Fiscal Services - - - - - - - -

6. Economic Services ( i to xvii ) 11,90,627.3 17,09,308.7 18,48,121.7 23,73,612.0 8,49,618.6 9,96,175.7 8,13,876.4 10,27,931.0 i) Crop Husbandry 740.1 1,000.0 300.0 500.0 1,165.8 1,118.0 2,556.7 1,414.0 ii) Animal Husbandry 80.5 120.0 1,500.0 300.0 1,148.0 1,448.0 905.5 1,303.0 iii) Fisheries 531.9 510.0 400.0 800.0 3,088.8 3,319.0 2,782.4 3,578.0 iv) Forestry and Wildlife 81,569.5 90,000.0 10,000.0 1,20,000.0 42,333.4 24,107.2 47,796.1 51,692.0 v) Plantations - 0.1 - - 0.5 - 0.2 1.0 vi) Co-operation 119.7 225.0 75.0 100.0 6,136.6 5,460.0 5,717.0 6,530.0 vii) Other Agricultural Programmes 19.6 29.6 2.0 10.0 60.2 3.0 40.6 3.0 viii) Major and Medium Irrigation Projects 19,552.3 23,500.0 35,000.0 37,000.0 3,161.1 3,567.3 3,337.4 3,893.0 ix) Minor Irrigation 621.1 511.5 700.0 1,000.0 230.2 281.0 224.7 243.0 x) Power 718.6 938.8 600.0 800.0 21,457.3 22,138.0 291.0 25,000.0 xi) Petroleum - - - - - - - - xii) Village and Small Industries 162.0 315.0 100.0 200.0 5,109.6 5,346.0 4,001.7 5,250.0 xiii) Industries@ 10,60,890.3 15,51,889.3 17,73,226.0 21,91,275.0 7,32,423.7 9,00,170.0 7,25,089.4 9,00,019.0 xiv) Ports and Light Houses - - - - 2,244.6 840.0 831.8 2,090.0 xv) Road Transport 0.0 0.5 1.6 1.0 1.9 - 0.0 1.0 xvi) Tourism 13.6 18.0 17.0 15.0 458.6 553.0 17.5 553.0 xvii) Others* 25,608.2 40,251.0 26,200.1 21,611.0 30,598.5 27,825.2 20,284.4 26,361.0 D. Grants from the Centre (1 to 7)** 9,14,626.0 16,96,135.0 13,92,593.0 17,05,710.1 15,52,784.3 15,29,970.0 16,00,000.0 16,00,000.0

1. State Plan Schemes - - - - - - - -

2. Central Plan Schemes - - - - - - - -

3. Centrally Sponsored Schemes 6,26,671.1 13,35,631.4 10,46,701.9 12,82,047.2 9,86,621.1 9,27,162.0 6,48,396.0 8,66,709.0

4. NEC/ Special Plan Scheme - - - - - - - -

5. Finance Commission Grants 2,37,828.0 2,54,461.0 2,62,589.6 3,21,631.4 3,76,862.3 5,51,808.0 5,51,808.0 6,28,741.0 i) Post Devolution Revenue Deficit Grants - - - - - - - - ii) Grants for Rural Local Bodies 1,30,000.0 1,30,700.0 1,39,058.8 1,70,325.4 2,08,658.7 2,63,700.0 2,63,700.0 2,57,200.0 iii) Grants for Urban Local Bodies 16,600.0 35,650.0 8,854.5 10,845.4 72,740.0 1,35,800.0 1,35,800.0 1,38,500.0 iv) Grant in aid for State Disaster Response Fund 47,680.0 52,461.0 53,415.8 65,426.0 69,760.0 91,500.0 91,500.0 96,100.0 v) Others (including Health Sector Grants) 43,548.0 35,650.0 61,260.5 75,034.6 25,703.6 60,808.0 60,808.0 1,36,941.0

6. Grants under proviso to Article 275(1) of the Constitution - - - - 4,070.0 1,000.0 4,730.3 8,000.0

7. Other Grants 50,126.9 1,06,042.7 83,301.5 1,02,031.5 1,85,230.9 50,000.0 3,95,065.7 96,550.0

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# 16,563.1 - 8,834.9 10,821.3 1,19,140.5 - - - 186Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) KERALA MADHYA PRADESH Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 1,24,48,614.9 1,38,65,516.3 1,32,92,979.9 1,52,35,167.4 2,34,02,604.2 2,63,34,435.3 2,62,00,901.0 2,90,87,902.4 I. TAX REVENUE (A+B) 96,07,192.9 1,08,76,590.6 1,07,17,728.7 1,20,13,124.8 1,79,38,921.9 1,97,84,946.7 1,97,13,626.8 2,20,81,889.9 A. Own Tax Revenue (1 to 3) 74,32,900.9 84,88,350.6 81,62,728.7 91,51,474.8 90,72,387.9 1,02,09,650.7 96,11,581.8 1,09,15,702.9

1. Taxes on Income (i+ii) 20.6 40.6 31.8 32.8 36,314.7 38,000.0 36,800.0 37,200.0 i) Agricultural Income Tax 20.6 40.6 31.8 32.8 - - - - ii) Taxes on Professions,Trades, Callings and Employment - - - - 36,314.7 38,000.0 36,800.0 37,200.0

2. Taxes on Property and Capital Transactions (i to iii) 6,64,268.3 7,76,062.6 7,63,871.1 8,45,124.6 12,33,972.2 14,19,120.5 13,80,261.7 15,74,502.8 i) Land Revenue 71,171.2 84,189.6 76,159.7 84,300.2 1,07,910.6 70,108.5 81,249.7 83,490.8 ii) Stamps and Registration Fees 5,69,488.4 6,66,184.0 6,62,022.4 7,34,324.4 10,33,118.4 12,50,000.0 12,00,000.0 13,92,000.0 iii) Urban Immovable Property Tax 23,608.7 25,689.0 25,689.0 26,500.0 92,943.3 99,012.0 99,012.0 99,012.0

3. Taxes on Commodities and Services (i to viii) 67,68,612.0 77,12,247.4 73,98,825.9 83,06,317.4 78,02,100.9 87,52,530.1 81,94,520.1 93,04,000.1 i) Sales Tax (a to e) 27,69,042.7 30,26,730.6 30,45,100.0 33,59,143.6 17,86,266.6 21,00,000.0 19,30,000.0 22,69,800.0 a) Central Sales Tax 3,881.8 7,982.3 3,441.8 3,776.0 39,839.3 42,496.0 42,496.0 7,124.0 b) State Sales Tax/VAT 27,65,158.9 30,16,980.9 30,42,214.1 33,56,036.6 17,43,986.7 20,57,500.0 18,87,504.0 22,62,676.0 c) Surcharge on Sales Tax - 0.1 0.1 0.0 - - - - d) Receipts of Turnover Tax - - - - 7.7 0.0 0.0 0.0 e) Other Receipts 2.1 1,767.3 -555.9 -668.9 2,432.8 4.0 0.0 0.0 ii) State Excise 2,94,401.5 3,10,746.0 2,94,889.5 3,15,000.3 13,52,373.0 16,00,000.0 15,50,000.0 17,50,000.0 iii) Taxes on Vehicles 6,34,046.0 6,70,421.8 6,84,663.1 7,39,677.5 4,60,549.7 5,50,000.0 5,10,000.0 5,70,000.0 iv) Taxes on Goods and Passengers - 0.0 0.0 - 3,112.6 2,500.0 1,320.0 200.0 v) Taxes and Duties on Electricity 8,548.6 1,10,000.0 10,032.0 1,10,000.0 4,20,677.6 5,00,000.0 4,53,400.0 5,00,000.0 vi) Entertainment Tax - - - - -5.1 0.0 - - vii) State Goods and Services Tax 30,56,359.8 35,87,463.0 33,58,161.0 37,76,317.7 37,79,103.6 40,00,000.0 37,49,800.0 42,14,000.0 viii) Other Taxes and Duties 6,213.3 6,886.0 5,980.1 6,178.4 22.9 30.0 0.0 0.0 B. Share in Central Taxes (i to x) 21,74,292.0 23,88,240.0 25,55,000.0 28,61,650.0 88,66,534.0 95,75,296.0 1,01,02,045.0 1,11,66,187.0 i) Central Goods and Services Tax (CGST) 6,59,865.0 6,43,308.0 7,81,000.0 8,80,050.0 26,90,880.0 29,27,438.0 30,21,347.0 32,50,764.0 ii) Corporation Tax 6,52,625.0 8,29,741.0 7,82,000.0 8,89,500.0 26,61,343.0 30,06,963.0 28,38,085.0 31,17,981.0 iii) Income Tax 7,53,702.0 8,12,640.0 8,75,000.0 9,59,400.0 30,73,493.0 33,13,321.0 36,19,405.0 41,60,297.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - - - - - - - - vi) Taxes on Wealth - - - - - -96.0 - - vii) Customs 76,195.0 69,901.0 83,000.0 94,000.0 3,10,716.0 1,95,389.0 5,08,857.0 5,13,956.0 viii) Union Excise Duties 28,831.0 29,284.0 29,500.0 34,100.0 1,17,581.0 1,16,832.0 97,936.0 1,06,774.0 ix) Service Tax 407.0 1,122.0 500.0 500.0 1,652.0 322.0 323.0 322.0 x) Other Taxes and Duties on Commodities and Services 2,667.0 2,244.0 4,000.0 4,100.0 10,869.0 15,127.0 16,092.0 16,093.0 II. NON-TAX REVENUE (C+D) 28,41,422.0 29,88,925.7 25,75,251.2 32,22,042.6 54,63,682.4 65,49,488.7 64,87,274.1 70,06,012.5 C. Own Non-Tax Revenue (1 to 6) 16,34,595.9 18,35,645.7 17,90,564.7 19,14,552.6 19,92,579.7 20,60,332.8 21,89,526.2 21,39,912.1

1. Interest Receipts 17,534.7 17,746.2 26,962.6 28,060.5 1,93,434.5 1,67,515.0 2,19,802.5 2,17,602.5

2. Dividends and Profits 24,268.2 16,500.0 24,879.7 26,535.5 29,140.6 26,369.6 28,188.0 28,791.1

3. General Services 13,90,173.5 15,19,363.4 14,86,468.4 15,85,406.0 84,473.0 86,395.8 2,51,329.6 94,570.6

of which: State Lotteries 12,53,090.7 13,58,200.0 13,24,448.0 14,12,114.0 - 187State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) KERALA MADHYA PRADESH Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 59,311.2 86,417.7 76,903.2 82,877.1 3,05,412.3 2,81,513.4 2,90,108.0 2,64,321.6 i) Education, Sports, Art and Culture 23,034.3 32,891.6 30,903.0 32,849.1 2,54,458.1 2,17,953.5 2,40,507.5 2,11,655.3 ii) Medical and Public Health 31,350.2 47,258.8 40,089.1 43,962.6 20,023.5 33,239.9 21,550.1 22,308.4 iii) Family Welfare 6.7 8.3 3.1 8.3 12.7 50.0 15.0 15.0 iv) Water Supply and Sanitation - 0.2 0.5 0.4 2,012.1 2,000.1 1,106.0 1,209.0 v) Housing 515.7 652.3 669.3 658.8 2,885.3 3,008.9 2,963.1 3,587.5 vi) Urban Development 984.0 1,019.1 794.3 1,212.7 7,490.1 3,779.9 3,999.0 4,863.3 vii) Labour and Employment 3,360.0 4,005.6 3,185.8 3,757.0 3,862.5 4,113.9 4,269.8 4,323.8 viii) Social Security and Welfare 19.3 536.2 1,210.4 379.0 1,612.5 1,414.1 3,165.0 3,217.0 ix) Others 41.1 45.6 47.6 49.2 13,055.6 15,953.0 12,532.5 13,142.5

5. Fiscal Services - - - - 1.5 0.0 0.0 0.0

6. Economic Services ( i to xvii ) 1,43,308.4 1,95,618.5 1,75,350.8 1,91,673.6 13,80,117.9 14,98,539.0 14,00,098.1 15,34,626.2 i) Crop Husbandry 1,022.9 1,421.0 1,170.8 1,402.3 1,95,116.2 38,262.0 56,316.1 21,637.1 ii) Animal Husbandry 1,589.6 1,649.6 1,824.1 2,078.2 277.6 295.5 314.5 332.5 iii) Fisheries 2,855.8 2,895.7 3,067.8 3,365.2 554.0 620.2 537.2 640.2 iv) Forestry and Wildlife 26,243.1 38,400.0 30,389.1 38,443.4 1,42,101.0 1,65,006.0 1,48,503.9 1,55,213.0 v) Plantations - 0.0 0.0 0.0 - - - - vi) Co-operation 26,794.9 31,747.9 28,501.1 33,003.6 721.0 1,308.2 662.0 662.0 vii) Other Agricultural Programmes 92.6 104.5 111.5 131.5 4,120.2 5,566.3 2,089.7 2,075.2 viii) Major and Medium Irrigation Projects 5,418.4 5,589.2 5,530.2 6,061.3 34,602.3 41,881.1 43,495.2 72,914.1 ix) Minor Irrigation 868.9 949.6 966.6 975.1 32,578.4 43,920.9 41,520.5 16,527.0 x) Power - - - - 35,265.8 36,328.5 39,670.0 38,700.0 xi) Petroleum 4.0 11.8 4.1 11.8 0.4 0.4 0.6 0.5 xii) Village and Small Industries 457.2 204.7 1,678.9 191.8 8,803.7 8,023.5 9,061.4 9,628.9 xiii) Industries@ 55,549.6 73,515.8 74,375.2 75,405.8 9,17,148.2 11,51,014.1 10,49,616.1 12,07,916.2 xiv) Ports and Light Houses 1,370.2 1,835.2 1,828.2 1,878.2 - - - - xv) Road Transport - - - - xvi) Tourism 1,779.4 2,501.2 1,211.1 2,151.2 1,702.6 0.0 0.3 0.3 xvii) Others* 19,261.7 34,792.3 24,692.1 26,574.3 7,126.5 6,312.1 8,310.7 8,379.1 D. Grants from the Centre (1 to 7)** 12,06,826.1 11,53,280.0 7,84,686.6 13,07,490.0 34,71,102.6 44,89,155.9 42,97,747.9 48,66,100.4

1. State Plan Schemes - - - - - - - -

2. Central Plan Schemes - - - - - - - -

3. Centrally Sponsored Schemes 3,91,886.9 8,47,000.0 4,36,821.2 9,10,680.0 25,85,529.1 34,05,730.9 32,77,592.2 40,68,339.4

4. NEC/ Special Plan Scheme - - - - - - - -

5. Finance Commission Grants 7,24,568.5 3,00,095.0 3,34,991.0 3,90,610.0 5,30,603.6 9,61,425.0 10,20,155.7 7,97,761.0 i) Post Devolution Revenue Deficit Grants 4,74,900.0 - - - - ii) Grants for Rural Local Bodies 1,26,000.0 1,33,400.0 1,33,400.0 1,30,100.0 2,45,119.6 5,82,425.0 6,41,155.7 4,04,861.0 iii) Grants for Urban Local Bodies 40,035.6 68,700.0 77,385.0 1,11,320.0 85,744.0 1,68,200.0 1,68,200.0 1,71,600.0 iv) Grant in aid for State Disaster Response Fund 27,760.0 29,120.0 29,120.0 30,640.0 1,60,560.0 2,10,800.0 2,10,800.0 2,21,300.0 v) Others (including Health Sector Grants) 55,872.9 68,875.0 95,086.0 1,18,550.0 39,180.0 - - -

6. Grants under proviso to Article 275(1) of the Constitution - 0.0 0.0 0.0

7. Other Grants 90,370.7 6,185.0 12,874.4 6,200.0 3,54,969.9 1,22,000.0 - -

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# 73,788.0 - 6,689.4 - 3,54,969.9 1,22,000.0 - - 188Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) MAHARASHTRA MANIPUR Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 4,30,59,646.2 4,99,46,283.7 5,36,46,325.1 5,60,96,381.7 14,70,617.0 27,71,644.8 24,37,421.6 21,43,854.4 I. TAX REVENUE (A+B) 3,73,69,312.2 4,19,97,228.1 4,48,63,057.0 4,77,40,002.0 9,31,064.3 11,40,060.1 11,06,813.0 12,08,547.0 A. Own Tax Revenue (1 to 3) 3,02,34,337.2 3,42,91,859.1 3,67,33,773.0 3,87,54,422.0 1,23,339.3 2,48,525.1 1,86,868.0 1,91,545.0

1. Taxes on Income (i+ii) 2,95,261.2 3,50,000.0 3,77,300.0 4,02,500.0 2,531.4 3,420.0 2,800.0 3,316.0 i) Agricultural Income Tax 0.0 - - - - - - - ii) Taxes on Professions,Trades, Callings and Employment 2,95,261.2 3,50,000.0 3,77,300.0 4,02,500.0 2,531.4 3,420.0 2,800.0 3,316.0

2. Taxes on Property and Capital Transactions (i to iii) 53,51,424.0 58,00,000.0 65,00,000.0 69,00,000.0 1,214.5 2,394.0 1,900.0 1,836.0 i) Land Revenue 2,68,976.5 3,00,000.0 5,00,000.0 5,50,000.0 527.7 798.0 700.0 660.0 ii) Stamps and Registration Fees 50,82,447.5 55,00,000.0 60,00,000.0 63,50,000.0 686.8 1,596.0 1,200.0 1,176.0 iii) Urban Immovable Property Tax - - - - - - - -

3. Taxes on Commodities and Services (i to viii) 2,45,87,652.1 2,81,41,859.1 2,98,56,473.0 3,14,51,922.0 1,19,593.4 2,42,711.1 1,82,168.0 1,86,393.0 i) Sales Tax (a to e) 53,38,047.2 62,50,000.0 67,37,500.0 70,37,500.0 2,492.2 60,000.0 38,000.0 43,962.0 a) Central Sales Tax 79,493.9 1,74,000.0 1,95,100.0 2,05,000.0 - - - - b) State Sales Tax/VAT 51,99,734.1 61,61,000.0 66,27,400.0 68,90,000.0 - - - - c) Surcharge on Sales Tax - - - - - - - - d) Receipts of Turnover Tax - - - - - - - - e) Other Receipts 58,819.2 -85,000.0 -85,000.0 -57,500.0 2,492.2 60,000.0 38,000.0 43,962.0 ii) State Excise 23,32,234.9 30,50,000.0 30,50,000.0 32,57,500.0 2,036.3 30,000.0 2,500.0 2,807.0 iii) Taxes on Vehicles 12,96,931.5 14,87,500.0 14,87,500.0 15,60,600.0 4,053.6 8,400.0 5,000.0 6,247.0 iv) Taxes on Goods and Passengers 49,814.1 1,76,000.0 1,76,000.0 1,76,000.0 89.4 228.0 200.0 120.0 v) Taxes and Duties on Electricity 12,67,223.2 14,18,000.0 14,18,000.0 16,01,600.0 0.6 - - - vi) Entertainment Tax 3,551.2 - 7,517.4 7,870.1 1,044.3 1,468.0 1,468.0 1,468.0 vii) State Goods and Services Tax 1,41,97,858.8 1,55,75,559.1 1,67,90,500.0 1,76,11,900.0 1,09,876.9 1,42,615.1 1,35,000.0 1,31,789.0 viii) Other Taxes and Duties 1,01,991.2 1,84,800.0 1,89,455.6 1,98,951.9 - - - - B. Share in Central Taxes (i to x) 71,34,975.0 77,05,369.0 81,29,284.0 89,85,580.0 8,07,725.0 8,91,535.0 9,19,945.0 10,17,002.0 i) Central Goods and Services Tax (CGST) 21,65,388.0 23,55,748.0 23,50,691.0 26,15,933.0 2,45,435.0 2,66,786.0 2,75,581.0 2,96,503.0 ii) Corporation Tax 21,41,589.0 24,19,744.0 22,83,845.0 25,09,081.0 2,42,740.0 2,68,151.0 2,58,862.0 2,84,392.0 iii) Income Tax 24,73,280.0 26,66,274.0 29,12,583.0 33,47,847.0 2,80,332.0 3,08,832.0 3,30,127.0 3,79,461.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - - - - vi) Taxes on Wealth - -77.0 - - - - - - vii) Customs 2,50,038.0 1,57,232.0 4,90,152.0 4,13,587.0 28,341.0 39,426.0 46,413.0 46,878.0 viii) Union Excise Duties 94,620.0 94,016.0 78,811.0 85,923.0 10,725.0 8,311.0 8,933.0 9,739.0 ix) Service Tax 1,330.0 259.0 252.0 259.0 152.0 29.0 29.0 29.0 x) Other Taxes and Duties on Commodities and Services 8,730.0 12,173.0 12,950.0 12,950.0 II. NON-TAX REVENUE (C+D) 56,90,333.9 79,49,055.6 87,83,268.1 83,56,379.7 5,39,552.7 16,31,584.7 13,30,608.6 9,35,307.4 C. Own Non-Tax Revenue (1 to 6) 20,85,793.8 26,77,518.0 30,14,033.0 33,05,244.0 20,956.6 30,000.0 30,000.0 30,186.4

1. Interest Receipts 2,32,872.9 3,15,000.0 3,15,000.0 3,30,750.0 520.3 210.0 210.0 821.4

2. Dividends and Profits 7,209.7 10,500.0 10,500.0 11,025.0 - - - -

3. General Services 4,36,583.2 4,96,675.0 5,51,667.0 5,79,566.0 9,648.8 21,964.4 17,604.4 7,743.7

of which: State Lotteries 4,721.5 13,896.5 13,896.5 9,691.3 189State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) MAHARASHTRA MANIPUR Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 4,95,006.8 4,48,295.0 6,02,069.0 6,74,823.0 7,450.9 885.2 7,985.2 16,384.0 i) Education, Sports, Art and Culture 54,817.5 63,000.0 63,000.0 66,150.0 6,723.8 73.5 7,173.5 9,373.8 ii) Medical and Public Health 99,716.1 57,750.0 99,716.0 1,04,702.0 230.6 115.5 115.5 5,877.3 iii) Family Welfare 1,673.8 5,250.0 5,250.0 5,513.0 - - - - iv) Water Supply and Sanitation 17,179.0 10,500.0 17,179.0 18,038.0 317.9 420.0 420.0 662.4 v) Housing 16,638.9 10,000.0 17,000.0 20,000.0 165.0 262.5 262.5 148.7 vi) Urban Development 1,75,679.0 2,20,000.0 2,70,000.0 3,24,000.0 - - - - vii) Labour and Employment 12,873.6 13,125.0 13,125.0 13,781.0 3.5 4.2 4.2 2.5 viii) Social Security and Welfare 75,254.0 47,250.0 75,254.0 79,017.0 - - - - ix) Others 41,174.9 21,420.0 41,545.0 43,622.0 10.0 9.5 9.5 319.3

5. Fiscal Services 1.4 - - - -

6. Economic Services ( i to xvii ) 9,14,119.8 14,07,048.0 15,34,797.0 17,09,080.0 3,336.7 6,940.5 4,200.5 5,237.3 i) Crop Husbandry 22,646.0 26,250.0 26,250.0 27,563.0 16.6 10.5 10.5 10.0 ii) Animal Husbandry 15,538.9 9,260.0 15,539.0 16,316.0 7.4 21.0 21.0 112.7 iii) Fisheries 974.5 2,625.0 2,625.0 2,756.0 10.1 31.5 31.5 6.0 iv) Forestry and Wildlife 44,599.3 34,650.0 44,599.0 46,829.0 3,175.7 5,940.0 3,200.0 4,569.2 v) Plantations - - - - - - - - vi) Co-operation 11,985.0 15,750.0 15,750.0 16,538.0 14.8 94.5 94.5 42.0 vii) Other Agricultural Programmes 868.7 2,625.0 2,625.0 2,756.0 - - - - viii) Major and Medium Irrigation Projects 32,417.3 4,00,000.0 4,00,000.0 4,00,000.0 20.3 364.6 364.6 12.8 ix) Minor Irrigation 10,255.6 13,000.0 13,000.0 13,000.0 0.5 3.9 3.9 25.4 x) Power 1,829.2 16,000.0 16,000.0 16,000.0 - - - - xi) Petroleum 34.7 9.0 34.0 36.0 0.1 - - 0.1 xii) Village and Small Industries 454.7 525.0 525.0 551.0 3.9 210.0 210.0 27.5 xiii) Industries@ 6,93,580.3 8,00,525.0 8,94,725.0 10,58,451.0 - 105.0 105.0 - xiv) Ports and Light Houses - - - - - - - - xv) Road Transport - - - - - - - - xvi) Tourism 1,163.0 1,619.0 1,619.0 1,700.0 42.0 52.5 52.5 72.5 xvii) Others* 77,772.7 84,210.0 1,01,506.0 1,06,584.0 45.3 107.1 107.1 359.1 D. Grants from the Centre (1 to 7)** 36,04,540.2 52,71,537.6 57,69,235.1 50,51,135.7 5,18,596.1 16,01,584.7 13,00,608.6 9,05,121.0

1. State Plan Schemes - - - -

2. Central Plan Schemes - - - -

3. Centrally Sponsored Schemes 17,72,483.9 31,69,924.2 36,66,937.7 34,95,040.3 2,64,161.7 12,61,039.4 10,45,960.3 5,31,100.0

4. NEC/ Special Plan Scheme - - - -

5. Finance Commission Grants 8,81,597.3 12,43,420.5 13,70,146.9 12,62,345.9 2,12,280.0 1,97,606.0 1,86,740.0 1,33,820.0 i) Post Devolution Revenue Deficit Grants - - - - 2,10,400.0 1,70,100.0 1,70,100.0 1,15,700.0 ii) Grants for Rural Local Bodies 3,70,772.3 5,35,894.9 6,40,321.3 5,39,365.0 - 9,406.0 - - iii) Grants for Urban Local Bodies 1,83,285.0 3,34,530.2 3,56,830.2 3,31,405.5 - 6,700.0 6,400.0 6,700.0 iv) Grant in aid for State Disaster Response Fund 2,84,160.0 2,98,400.4 2,98,400.4 3,13,260.4 1,880.0 6,000.0 5,000.0 5,000.0 v) Others (including Health Sector Grants) 43,380.0 74,595.0 74,595.0 78,315.0 - 5,400.0 5,240.0 6,420.0

6. Grants under proviso to Article 275(1) of the Constitution 2,39,068.3 2,36,012.9 1,17,382.1 2,456.4 5,868.3 5,837.3 3,000.0

7. Other Grants 9,50,459.0 6,19,124.6 4,96,137.6 1,76,367.4 39,698.0 1,37,071.0 62,071.0 2,37,201.0

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# 8,61,796.0 3,87,800.0 2,50,300.0 - - - - - 190Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) MEGHALAYA MIZORAM Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 17,97,785.9 23,51,473.0 24,02,940.0 25,59,135.0 11,41,405.1 12,38,649.1 13,23,054.9 12,94,761.0 I. TAX REVENUE (A+B) 11,87,974.6 13,39,700.0 13,91,167.0 15,13,599.7 6,84,306.1 7,41,135.1 7,70,651.1 8,59,049.0 A. Own Tax Revenue (1 to 3) 3,21,652.6 4,04,127.0 4,04,127.0 4,22,585.7 1,19,559.1 1,31,242.1 1,33,590.1 1,47,826.0

1. Taxes on Income (i+ii) 457.2 534.0 534.0 547.9 1,640.6 1,500.1 1,500.1 1,651.0 i) Agricultural Income Tax - - - - - ii) Taxes on Professions,Trades, - - - - Callings and Employment 457.2 534.0 534.0 547.9 1,640.6 1,500.1 1,500.1 1,651.0

2. Taxes on Property and Capital Transactions (i to iii) 3,100.9 4,131.0 4,131.0 4,788.0 2,693.9 5,200.0 4,560.0 4,715.0 i) Land Revenue 471.1 706.0 706.0 678.0 1,014.4 2,200.0 2,200.0 2,300.0 ii) Stamps and Registration Fees 2,629.9 3,425.0 3,425.0 4,110.0 1,679.5 3,000.0 2,360.0 2,415.0 iii) Urban Immovable Property Tax - - - - - - - -

3. Taxes on Commodities and Services (i to viii) 3,18,094.5 3,99,462.0 3,99,462.0 4,17,249.8 1,15,224.6 1,24,542.0 1,27,530.0 1,41,460.0 i) Sales Tax (a to e) 83,693.2 1,15,595.0 1,15,595.0 1,17,952.5 12,593.2 14,000.0 14,000.0 15,400.0 a) Central Sales Tax -531.7 - - - - - - - b) State Sales Tax/VAT 58,382.4 80,491.3 80,491.3 86,952.5 12,593.2 14,000.0 14,000.0 15,400.0 c) Surcharge on Sales Tax - - - - - - - - d) Receipts of Turnover Tax - - - - - - - - e) Other Receipts 25,842.5 35,103.7 35,103.7 31,000.0 - - - - ii) State Excise 45,819.6 66,052.0 66,052.0 68,177.3 256.8 200.0 200.0 230.0 iii) Taxes on Vehicles 14,456.3 16,267.0 16,267.0 19,520.4 4,616.6 5,000.0 5,000.0 5,000.0 iv) Taxes on Goods and Passengers 1,358.6 1,570.0 1,570.0 1,615.6 847.2 830.0 830.0 830.0 v) Taxes and Duties on Electricity 232.4 239.0 239.0 252.0 - - - - vi) Entertainment Tax 0.2 - - 34.2 0.3 12.0 - - vii) State Goods and Services Tax 1,72,305.5 1,99,475.0 1,99,475.0 2,09,448.8 96,910.5 1,04,500.0 1,04,500.0 1,15,000.0 viii) Other Taxes and Duties 228.6 264.0 264.0 249.0 - - 3,000.0 5,000.0 B. Share in Central Taxes (i to x) 8,66,322.0 9,35,573.0 9,87,040.0 10,91,014.0 5,64,747.0 6,09,893.0 6,37,061.0 7,11,223.0 i) Central Goods and Services Tax (CGST) 2,62,918.0 2,86,031.0 2,88,342.0 3,17,622.0 1,71,394.0 1,86,461.0 1,86,061.0 2,07,055.0 ii) Corporation Tax 2,60,030.0 2,93,801.0 2,80,241.0 3,04,649.0 1,69,513.0 1,91,526.0 1,80,770.0 1,98,598.0 iii) Income Tax 3,00,303.0 3,23,735.0 3,57,027.0 4,06,490.0 1,95,762.0 2,11,040.0 2,30,535.0 2,64,987.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - - - - - - - - vi) Taxes on Wealth - -9.0 - - - -6.0 - - vii) Customs 30,359.0 19,091.0 50,151.0 50,217.0 19,791.0 12,445.0 32,411.0 32,736.0 viii) Union Excise Duties 11,489.0 11,415.0 9,660.0 10,433.0 7,489.0 7,442.0 6,238.0 6,801.0 ix) Service Tax 160.0 31.0 31.0 31.0 104.0 21.0 21.0 21.0 x) Other Taxes and Duties on Commodities and Services 1,063.0 1,478.0 1,588.0 1,572.0 694.0 964.0 1,025.0 1,025.0 II. NON-TAX REVENUE (C+D) 6,09,811.4 10,11,773.0 10,11,773.0 10,45,535.3 4,57,099.0 4,97,514.0 5,52,403.8 4,35,712.0 C. Own Non-Tax Revenue (1 to 6) 52,325.0 74,658.2 74,658.2 79,748.7 1,08,493.2 1,12,238.9 1,12,688.9 1,13,807.0

1. Interest Receipts 1,077.0 1,268.0 1,268.0 1,069.2 1,545.5 5,070.0 5,070.0 4,400.0

2. Dividends and Profits 13.7 49.0 49.0 58.8 -

3. General Services 4,598.0 5,120.0 5,120.0 6,710.1 28,884.3 6,107.0 6,107.0 6,291.4

of which: State Lotteries 865.3 - - 1,269.5 1,967.9 3,500.0 3,500.0 3,500.0 191State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) MEGHALAYA MIZORAM Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 1,624.0 1,778.0 1,778.0 2,449.0 8,323.6 8,958.0 8,958.0 8,956.0 i) Education, Sports, Art and Culture 128.9 295.0 295.0 295.0 309.3 370.0 370.0 372.5 ii) Medical and Public Health 367.8 401.0 401.0 530.2 46.4 300.0 300.0 175.0 iii) Family Welfare - - - 0.1 - 0.0 0.0 0.0 iv) Water Supply and Sanitation 611.5 646.0 646.0 880.5 7,718.6 8,000.0 8,000.0 8,100.0 v) Housing 91.5 96.0 96.0 132.0 108.5 200.0 200.0 180.0 vi) Urban Development 22.0 8.0 8.0 31.7 10.7 20.0 20.0 16.0 vii) Labour and Employment 382.4 316.0 316.0 550.8 89.1 46.0 46.0 85.0 viii) Social Security and Welfare 5.0 4.0 4.0 7.2 29.1 10.0 10.0 12.5 ix) Others 15.0 12.0 12.0 21.6 12.0 12.0 12.0 15.0

5. Fiscal Services - - - - 6,803.4 2,282.0 2,282.0 3,800.0

6. Economic Services ( i to xvii ) 45,012.3 66,443.2 66,443.2 69,461.7 62,936.4 89,821.9 90,271.9 90,359.6 i) Crop Husbandry 336.6 400.0 400.0 483.6 67.2 70.0 70.0 70.0 ii) Animal Husbandry 199.4 287.0 287.0 298.8 70.4 80.0 80.0 80.0 iii) Fisheries 2.9 5.0 5.0 4.9 7.1 50.0 50.0 35.0 iv) Forestry and Wildlife 10,888.1 14,446.0 14,446.0 14,690.0 565.1 650.0 650.0 700.0 v) Plantations - - - - - - - - vi) Co-operation 6.7 7.0 7.0 9.7 84.2 60.0 60.0 80.0 vii) Other Agricultural Programmes 134.0 221.0 221.0 221.0 95.1 221.0 221.0 221.5 viii) Major and Medium Irrigation Projects - - - - - - - - ix) Minor Irrigation 30.8 40.0 40.0 62.8 0.3 2.3 2.3 1.5 x) Power 617.1 397.0 397.0 888.6 57,726.7 84,123.0 84,573.0 84,500.0 xi) Petroleum - - - - - - - - xii) Village and Small Industries 76.5 148.0 148.0 148.0 21.4 30.0 30.0 28.0 xiii) Industries@ 32,281.8 50,000.0 50,000.0 52,000.0 1,169.8 1,500.0 1,500.0 1,500.0 xiv) Ports and Light Houses - - - - - - - - xv) Road Transport 2.5 7.0 7.0 7.2 168.6 170.0 170.0 170.0 xvi) Tourism 266.9 259.0 259.0 384.4 379.5 350.0 350.0 370.0 xvii) Others* 169.0 226.2 226.2 262.8 2,581.0 2,515.6 2,515.6 2,603.6 D. Grants from the Centre (1 to 7)** 5,57,486.4 9,37,114.8 9,37,114.8 9,65,786.6 3,48,605.8 3,85,275.1 4,39,714.9 3,21,905.0

1. State Plan Schemes - - - - - - - -

2. Central Plan Schemes - - - - - - - -

3. Centrally Sponsored Schemes 4,65,143.1 6,17,459.5 6,17,459.5 5,79,367.7 1,77,771.7 2,55,930.5 3,06,636.5 2,39,522.6

4. NEC/ Special Plan Scheme - - - - - - - -

5. Finance Commission Grants 77,520.0 68,953.0 68,953.0 37,191.0 1,63,590.0 1,24,800.0 1,24,800.0 75,700.0 i) Post Devolution Revenue Deficit Grants 71,500.0 11,000.0 11,000.0 - 1,47,400.0 1,07,900.0 1,07,900.0 58,600.0 ii) Grants for Rural Local Bodies - 14,300.0 14,300.0 14,600.0 7,000.0 7,600.0 7,600.0 7,400.0 iii) Grants for Urban Local Bodies 3,300.0 20,000.0 20,000.0 7,800.0 3,500.0 3,900.0 3,900.0 4,000.0 iv) Grant in aid for State Disaster Response Fund 2,720.0 11,653.0 11,653.0 8,000.0 4,160.0 5,400.0 5,400.0 4,560.0 v) Others (including Health Sector Grants) - 12,000.0 12,000.0 6,791.0 1,530.0 - 1,140.0

6. Grants under proviso to Article 275(1) of the Constitution - - - - 2,898.0 991.4 991.4 991.4

7. Other Grants 14,823.3 2,50,702.3 2,50,702.3 3,49,228.0 4,346.2 3,553.2 7,287.0 5,691.0

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# 3,308.2 - - - - - - - 192Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) NAGALAND ODISHA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 16,15,513.9 18,03,351.5 17,24,701.9 18,74,425.7 1,79,59,325.5 2,11,00,000.0 2,14,00,000.0 2,32,00,000.0 I. TAX REVENUE (A+B) 8,02,491.5 8,72,709.4 9,11,327.0 9,97,211.8 1,05,57,071.0 1,15,23,176.0 1,18,27,000.0 1,30,40,827.0 A. Own Tax Revenue (1 to 3) 1,59,809.0 1,78,653.4 1,79,090.0 1,87,841.8 54,42,703.0 60,00,000.0 60,00,000.0 66,00,000.0

1. Taxes on Income (i+ii) 2,998.3 3,294.0 3,125.0 3,210.0 28,823.4 35,000.0 35,000.0 36,000.0 i) Agricultural Income Tax - - - - - - - - ii) Taxes on Professions,Trades, Callings and Employment 2,998.3 3,294.0 3,125.0 3,210.0 28,823.4 35,000.0 35,000.0 36,000.0

2. Taxes on Property and Capital Transactions (i to iii) 555.5 480.0 480.0 490.0 3,24,922.6 3,37,145.0 3,37,700.0 3,59,036.0 i) Land Revenue 134.0 130.0 130.0 130.0 1,12,256.4 95,445.0 96,000.0 98,000.0 ii) Stamps and Registration Fees 421.5 350.0 350.0 360.0 2,12,666.1 2,41,700.0 2,41,700.0 2,61,036.0 iii) Urban Immovable Property Tax - - - - - - - -

3. Taxes on Commodities and Services (i to viii) 1,56,255.3 1,74,879.4 1,75,485.0 1,84,141.8 50,88,957.1 56,27,855.0 56,27,300.0 62,04,964.0 i) Sales Tax (a to e) 26,596.6 30,000.0 30,200.0 32,500.0 12,71,442.7 14,21,200.0 14,21,200.0 15,96,987.7 a) Central Sales Tax - - - - 9,714.6 1,349.1 1,349.1 1,516.1 b) State Sales Tax/VAT - - - - 12,61,727.5 14,19,835.7 14,19,835.7 15,95,454.6 c) Surcharge on Sales Tax - - - - d) Receipts of Turnover Tax - - - - e) Other Receipts 26,596.6 30,000.0 30,200.0 32,500.0 0.6 15.2 15.2 17.0 ii) State Excise 455.3 460.0 460.0 475.0 7,21,529.9 8,68,000.0 8,68,000.0 9,75,362.6 iii) Taxes on Vehicles 19,848.0 19,000.0 20,000.0 21,000.0 2,47,843.5 2,70,000.0 2,70,000.0 3,03,368.0 iv) Taxes on Goods and Passengers 2,261.5 2,215.0 3,000.0 3,000.0 11,194.1 21,500.0 21,500.0 25,000.0 v) Taxes and Duties on Electricity 789.9 825.0 825.0 850.0 4,47,376.0 4,25,200.0 4,25,200.0 4,63,468.0 vi) Entertainment Tax - - - - 3.8 7,400.0 7,096.8 11,765.3 vii) State Goods and Services Tax 1,06,303.9 1,22,379.4 1,21,000.0 1,26,316.8 23,89,566.4 26,07,300.0 26,07,345.3 28,17,477.9 viii) Other Taxes and Duties - - - - 0.6 7,255.0 6,957.9 11,534.6 B. Share in Central Taxes (i to x) 6,42,682.5 6,94,056.0 7,32,237.0 8,09,370.0 51,14,368.0 55,23,176.0 58,27,000.0 64,40,827.0 i) Central Goods and Services Tax (CGST) 1,95,045.0 2,12,193.0 2,19,000.0 2,35,629.0 15,52,141.0 15,36,200.0 16,84,966.0 18,75,090.0 ii) Corporation Tax 1,92,906.0 2,17,957.0 2,05,716.0 2,26,004.0 15,35,113.0 17,01,800.0 16,37,051.0 17,98,499.0 iii) Income Tax 2,22,781.0 2,40,163.0 2,62,349.0 3,01,555.0 17,72,838.0 17,51,500.0 20,87,728.0 23,99,723.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - vi) Taxes on Wealth - -7.0 - - - - - - vii) Customs 22,521.5 14,163.0 36,884.0 37,254.0 1,79,226.0 3,22,800.0 2,93,516.0 2,96,458.0 viii) Union Excise Duties 8,522.0 8,468.0 7,099.0 7,739.0 67,823.0 1,95,000.0 1,14,267.0 61,589.0 ix) Service Tax 118.0 23.0 23.0 23.0 952.0 8,500.0 190.0 186.0 x) Other Taxes and Duties on Commodities and Services 789.0 1,096.0 1,166.0 1,166.0 6,275.0 7,376.0 9,282.0 9,282.0 II. NON-TAX REVENUE (C+D) 8,13,022.5 9,30,642.1 8,13,374.9 8,77,213.8 74,02,254.5 95,76,824.0 95,73,000.0 1,01,59,173.0 C. Own Non-Tax Revenue (1 to 6) 67,785.2 46,351.2 62,122.0 59,371.0 53,01,103.8 58,00,000.0 58,00,000.0 60,00,000.0

1. Interest Receipts 1,567.6 1,000.0 1,250.0 1,200.0 92,117.4 1,58,000.0 1,58,000.0 1,70,640.0

2. Dividends and Profits 493.7 300.0 305.0 305.0 1,80,036.1 2,00,000.0 3,00,000.0 3,30,000.0

3. General Services 30,270.7 2,997.0 14,921.0 7,766.0 2,24,178.8 1,60,463.0 1,60,463.0 1,68,762.8

of which: State Lotteries - 193State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) NAGALAND ODISHA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 2,259.0 2,049.3 4,429.0 2,335.0 34,923.7 62,138.0 62,138.0 65,352.0 i) Education, Sports, Art and Culture 297.5 225.0 250.0 280.0 4,614.6 12,805.0 12,805.0 13,467.3 ii) Medical and Public Health 70.9 1.0 1,750.0 150.0 8,749.1 17,035.0 17,035.0 17,916.1 iii) Family Welfare - - - - 14.7 122.0 122.0 128.4 iv) Water Supply and Sanitation 296.6 325.0 325.0 340.0 6,120.5 13,679.0 13,679.0 14,386.5 v) Housing 1,545.9 1,465.0 1,500.0 1,515.0 2,601.5 5,639.0 5,639.0 5,930.6 vi) Urban Development 10.8 3.8 4.0 4.0 1,014.6 2,562.0 2,562.0 2,694.5 vii) Labour and Employment 21.7 15.0 15.0 15.0 1,572.7 3,088.0 3,088.0 3,247.7 viii) Social Security and Welfare 7.7 11.0 580.0 25.0 50.4 423.0 423.0 445.0 ix) Others 7.8 3.5 5.0 6.0 10,185.5 6,785.0 6,785.0 7,135.9

5. Fiscal Services - 0.2 0.2 0.2 0.2

6. Economic Services ( i to xvii ) 33,194.2 40,005.0 41,217.0 47,765.0 47,69,847.5 52,19,398.8 51,19,398.8 52,65,245.0 i) Crop Husbandry 13.6 10.1 400.0 405.0 834.2 2,062.0 2,062.0 2,168.7 ii) Animal Husbandry 45.4 65.0 65.0 65.0 293.4 561.0 561.0 590.0 iii) Fisheries 1.5 0.0 2.0 2.0 287.4 382.0 382.0 401.8 iv) Forestry and Wildlife 3,081.3 2,700.0 3,095.0 3,125.0 1,898.2 4,600.0 4,600.0 4,837.9 v) Plantations - - - - - - - - vi) Co-operation 13.1 3.0 6.0 6.0 460.3 872.0 872.0 917.1 vii) Other Agricultural Programmes 0.6 - - - 170.9 488.0 488.0 513.5 viii) Major and Medium Irrigation Projects - - - - 93,570.4 1,00,368.0 1,00,368.0 1,29,635.1 ix) Minor Irrigation 4.9 0.0 - - 1,558.1 1,632.0 1,632.0 2,532.0 x) Power 28,278.0 35,000.0 36,000.0 42,500.0 149.7 473.0 943.0 957.4 xi) Petroleum - - - - 386.4 527.0 757.0 854.2 xii) Village and Small Industries 14.7 17.0 18.0 5.0 250.4 265.0 355.0 458.7 xiii) Industries@ 459.1 1,000.0 450.0 450.0 45,04,915.5 48,60,508.0 46,60,838.0 47,47,727.2 xiv) Ports and Light Houses - - - - 20,985.1 37,480.0 38,050.0 45,418.6 xv) Road Transport 890.5 825.0 800.0 810.0 - 0.0 0.0 0.0 xvi) Tourism 70.1 65.0 52.0 55.0 1,017.2 1,353.0 1,353.0 1,423.0 xvii) Others* 321.6 319.9 329.0 342.0 1,43,070.2 2,07,827.8 3,06,137.8 3,26,809.8 D. Grants from the Centre (1 to 7)** 7,45,237.3 8,84,290.9 7,51,252.9 8,17,842.8 21,01,150.7 37,76,824.0 37,73,000.0 41,59,173.0

1. State Plan Schemes - - - -

2. Central Plan Schemes - - - -

3. Centrally Sponsored Schemes 7,33,330.3 4,50,898.9 3,18,334.4 4,40,300.3 15,61,638.9 25,32,258.0 25,28,433.0 29,10,143.6

4. NEC/ Special Plan Scheme - - - -

5. Finance Commission Grants 11,907.0 4,33,392.0 4,32,918.5 3,77,542.5 4,86,722.1 7,01,193.8 7,01,193.9 6,61,126.8 i) Post Devolution Revenue Deficit Grants 4,477.0 4,06,800.0 4,06,800.0 3,64,700.0 ii) Grants for Rural Local Bodies - - - - 1,74,691.4 2,71,324.8 2,71,324.8 2,26,661.0 iii) Grants for Urban Local Bodies 3,750.0 15,500.0 12,503.0 153.0 84,666.1 1,09,124.1 1,09,124.1 1,04,466.0 iv) Grant in aid for State Disaster Response Fund 3,680.0 4,800.0 7,323.5 6,081.5 1,41,520.0 1,85,745.0 1,85,745.0 1,94,999.8 v) Others (including Health Sector Grants) - 6,292.0 6,292.0 6,608.0 85,844.6 1,35,000.0 1,35,000.0 1,35,000.0

6. Grants under proviso to Article 275(1) of the Constitution - - - - 6,870.6 24,181.3 24,181.3 27,789.9

7. Other Grants - - - - 45,919.2 5,19,190.9 5,19,191.8 5,60,112.7

of which: GST Compensation (1)# - - - - GST Compensation (2)# - - - - - 3,00,000.0 3,00,000.0 3,00,000.0 194Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) PUNJAB RAJASTHAN Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 89,19,205.5 1,03,93,618.6 1,03,72,015.6 1,11,74,032.0 2,03,27,628.0 2,64,46,129.0 2,62,61,827.5 2,94,53,648.6 I. TAX REVENUE (A+B) 67,66,206.5 80,94,148.0 81,17,304.2 88,95,357.2 1,62,14,915.1 2,05,11,193.2 1,98,02,599.3 2,28,45,986.9 A. Own Tax Revenue (1 to 3) 47,25,214.5 58,90,000.0 57,91,900.2 63,25,000.2 94,08,594.1 1,25,52,482.2 1,20,47,823.3 1,42,74,338.9

1. Taxes on Income (i+ii) 16,758.0 32,000.0 25,500.0 35,000.0 4.0 1.4 2.7 3.3 i) Agricultural Income Tax - - - - 0.2 0.2 0.7 0.8 ii) Taxes on Professions,Trades, - - - - - Callings and Employment 16,758.0 32,000.0 25,500.0 35,000.0 3.8 1.2 2.0 2.5

2. Taxes on Property and Capital Transactions (i to iii) 4,45,594.6 5,98,000.0 6,31,332.2 7,23,004.2 9,75,043.5 12,02,110.5 12,77,600.5 15,28,110.5 i) Land Revenue 9,691.8 23,000.0 11,332.2 23,004.2 46,937.8 72,110.5 77,600.5 88,110.5 ii) Stamps and Registration Fees 4,35,902.9 5,75,000.0 6,20,000.0 7,00,000.0 9,18,148.8 11,00,000.0 11,90,000.0 14,35,000.0 iii) Urban Immovable Property Tax - - - - 9,957.0 30,000.0 10,000.0 5,000.0

3. Taxes on Commodities and Services (i to viii) 42,62,861.9 52,60,000.0 51,35,068.0 55,66,996.0 84,33,546.6 1,13,50,370.3 1,07,70,220.1 1,27,46,225.1 i) Sales Tax (a to e) 6,50,053.6 8,55,000.0 7,85,068.0 8,20,000.0 23,47,319.2 29,00,000.0 27,00,000.0 30,78,000.0 a) Central Sales Tax 71,317.5 40,000.0 40,000.0 40,000.0 63,075.9 91,412.2 75,465.4 79,841.8 b) State Sales Tax/VAT 5,78,272.3 8,15,000.0 7,45,068.0 7,80,000.0 20,67,620.5 25,64,889.1 24,09,483.6 27,60,802.0 c) Surcharge on Sales Tax - - - - - - - - d) Receipts of Turnover Tax - - - - - - - - e) Other Receipts 463.8 - - - 2,16,622.8 2,43,698.6 2,15,051.1 2,37,356.2 ii) State Excise 9,23,280.9 10,35,000.0 10,35,000.0 11,20,000.0 13,22,480.8 17,10,000.0 17,00,000.0 19,72,000.0 iii) Taxes on Vehicles 2,93,758.9 4,35,000.0 4,35,000.0 4,73,000.0 6,70,358.9 8,10,000.1 8,50,000.0 9,86,000.0 iv) Taxes on Goods and Passengers 7.6 - - - -45.7 300.0 100.0 100.0 v) Taxes and Duties on Electricity 3,03,261.0 3,50,000.0 3,50,000.0 3,74,500.0 2,91,816.4 3,50,000.0 3,10,000.0 3,50,000.0 vi) Entertainment Tax 0.5 10,000.0 10,000.0 14,496.0 2.3 30.0 1.0 1.0 vii) State Goods and Services Tax 20,92,498.0 25,75,000.0 25,20,000.0 27,65,000.0 38,01,597.1 55,80,000.0 52,10,000.0 63,60,000.0 viii) Other Taxes and Duties 1.4 - - - 17.7 40.2 119.1 124.1 B. Share in Central Taxes (i to x) 20,40,992.0 22,04,148.0 23,25,404.0 25,70,357.0 68,06,321.0 79,58,711.0 77,54,776.0 85,71,648.0 i) Central Goods and Services Tax (CGST) 6,19,417.0 6,73,870.0 6,72,424.0 7,48,297.0 20,65,636.0 24,00,328.0 22,38,239.0 24,95,427.0 ii) Corporation Tax 6,12,611.0 6,92,176.0 6,53,302.0 7,17,732.0 20,42,954.0 25,08,275.0 21,51,361.0 23,93,498.0 iii) Income Tax 7,07,491.0 7,62,697.0 8,33,155.0 9,57,663.0 23,59,345.0 27,43,449.0 27,53,480.0 31,93,624.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - - - - - - - - vi) Taxes on Wealth - -22.0 - - - -74.0 1,042.0 - vii) Customs 71,525.0 44,977.0 1,17,134.0 1,18,308.0 2,38,519.0 1,79,989.0 5,41,146.0 3,94,535.0 viii) Union Excise Duties 27,066.0 26,894.0 22,544.0 24,579.0 90,260.0 1,14,885.0 55,782.0 81,964.0 ix) Service Tax 379.0 74.0 73.0 74.0 1,268.0 247.0 5.0 247.0 x) Other Taxes and Duties on Commodities and Services 2,503.0 3,482.0 26,772.0 3,704.0 8,339.0 11,612.0 13,721.0 12,353.0 II. NON-TAX REVENUE (C+D) 21,52,999.0 22,99,470.6 22,54,711.4 22,78,674.7 41,12,712.9 59,34,935.8 64,59,228.2 66,07,661.7 C. Own Non-Tax Revenue (1 to 6) 7,23,363.2 11,24,633.0 10,82,581.5 12,21,056.8 18,67,958.4 22,66,539.9 26,91,728.2 26,88,331.5

1. Interest Receipts 27,752.6 27,500.0 30,013.3 32,469.5 2,00,613.4 2,54,362.5 2,45,730.1 2,84,631.0

2. Dividends and Profits 412.2 500.0 600.0 600.0 5,070.6 3,291.2 5,250.0 5,250.0

3. General Services 4,46,077.4 4,68,222.0 5,17,167.9 5,63,629.6 3,16,410.2 3,59,913.5 7,18,086.9 4,37,061.8

of which: State Lotteries 11,347.6 23,500.0 23,500.0 25,000.0 - - - - 195State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) PUNJAB RAJASTHAN Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 1,17,264.8 3,61,800.0 2,89,510.9 3,55,803.3 1,49,540.3 1,51,504.6 1,88,132.8 1,89,765.0 i) Education, Sports, Art and Culture 30,987.9 35,000.0 32,500.0 35,000.0 16,640.7 22,978.7 22,552.1 25,351.6 ii) Medical and Public Health 45,003.7 53,700.0 45,000.7 48,000.7 27,393.6 31,896.5 32,347.0 37,315.6 iii) Family Welfare 11.3 200.0 200.0 200.0 397.1 17.4 6,608.1 6,609.1 iv) Water Supply and Sanitation 4,850.0 4,500.0 5,007.0 7,500.0 16,749.4 4,600.0 26,500.0 10,000.0 v) Housing 10,560.4 1,53,000.0 1,07,500.0 1,12,000.0 893.1 1,200.3 1,100.9 1,201.1 vi) Urban Development 12,188.4 1,00,000.0 67,500.0 1,17,100.0 244.2 356.8 1,146.2 1,310.5 vii) Labour and Employment 3,242.9 5,000.0 4,500.7 5,000.1 79,332.8 84,310.6 89,525.8 98,596.2 viii) Social Security and Welfare 9,487.1 9,000.0 20,002.5 22,502.5 6,445.7 4,407.7 6,810.8 7,486.4 ix) Others 933.2 1,400.0 7,300.0 8,500.0 1,443.8 1,736.7 1,541.9 1,894.6

5. Fiscal Services - - - - - - - -

6. Economic Services ( i to xvii ) 1,31,856.2 2,66,611.0 2,45,289.4 2,68,554.4 11,96,323.9 14,97,468.0 15,34,528.5 17,71,623.7 i) Crop Husbandry 2,299.3 55,400.0 30,023.3 10,008.8 1,179.2 1,450.7 2,904.2 1,493.4 ii) Animal Husbandry 1,129.0 1,200.0 1,500.8 2,000.0 144.1 619.9 3,487.7 3,914.4 iii) Fisheries 36.7 300.0 300.0 500.0 6,911.2 9,000.0 9,000.0 10,000.0 iv) Forestry and Wildlife 26,831.6 7,000.0 7,600.7 10,000.0 13,976.6 17,675.0 17,725.0 16,275.0 v) Plantations - - - - - - - - vi) Co-operation 801.8 1,200.0 1,000.0 1,500.0 2,129.8 2,626.7 5,152.5 5,727.5 vii) Other Agricultural Programmes 547.5 500.0 600.5 801.0 1,810.1 2,151.1 1,868.1 2,076.6 viii) Major and Medium Irrigation Projects 26,153.6 20,000.0 33,019.6 40,002.9 16,473.9 19,759.0 20,825.0 23,150.0 ix) Minor Irrigation 357.2 500.0 300.0 500.3 777.2 4,175.0 4,174.7 3,085.0 x) Power 0.2 - - - 30,225.7 32,075.0 18,292.0 18,292.0 xi) Petroleum - - - - 3,42,508.2 4,00,000.0 2,90,000.0 3,20,000.0 xii) Village and Small Industries 1,114.5 3,500.0 1,500.0 2,500.5 358.9 160.2 250.1 310.1 xiii) Industries@ 28,912.8 40,000.0 35,101.1 45,100.0 7,46,173.7 9,50,111.1 11,00,100.6 12,98,100.6 xiv) Ports and Light Houses - - - - - - - - xv) Road Transport 9,776.4 40,000.0 35,000.0 40,000.0 - - - - xvi) Tourism 1,490.2 300.0 40.0 30.0 171.3 260.1 250.1 265.2 xvii) Others* 32,405.5 96,711.0 99,303.4 1,15,610.9 33,484.1 57,404.3 60,498.3 68,933.8 D. Grants from the Centre (1 to 7)** 14,29,635.8 11,74,837.6 11,72,129.9 10,57,617.9 22,44,754.5 36,68,395.9 37,67,500.0 39,19,330.2

1. State Plan Schemes - - - - - - - -

2. Central Plan Schemes - - - - - - - -

3. Centrally Sponsored Schemes 3,16,459.3 6,77,806.1 5,61,130.4 6,17,987.8 14,26,291.9 27,40,709.6 27,99,440.1 30,40,148.4

4. NEC/ Special Plan Scheme - - - - - - - -

5. Finance Commission Grants 7,38,881.7 4,81,031.6 5,55,838.5 4,20,630.1 5,59,054.7 8,43,157.9 8,68,245.1 6,70,547.8 i) Post Devolution Revenue Deficit Grants 5,61,800.0 1,99,500.0 1,99,500.0 - - - - - ii) Grants for Rural Local Bodies 79,976.2 1,17,800.0 1,64,300.0 1,67,900.0 2,79,594.0 4,10,000.0 3,77,505.0 3,08,700.0 iii) Grants for Urban Local Bodies 37,565.6 62,100.0 85,392.4 59,700.0 1,00,500.7 2,46,457.9 2,87,700.5 1,81,847.2 iv) Grant in aid for State Disaster Response Fund 43,680.0 45,871.6 48,800.2 48,160.1 1,30,720.0 1,37,200.0 1,37,200.0 1,44,000.0 v) Others (including Health Sector Grants) 15,860.0 55,760.0 57,846.0 1,44,870.0 48,240.0 49,500.0 65,839.6 36,000.5

6. Grants under proviso to Article 275(1) of the Constitution - - - - 8,940.1 8,360.7 11,310.3 15,120.2

7. Other Grants 3,74,294.7 16,000.0 55,161.0 19,000.0 2,50,467.9 76,167.7 88,504.6 1,93,513.9

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# 3,67,064.0 - 40,461.0 0.0 1,39,780.0 0.0 - - 196Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) SIKKIM TAMIL NADU Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 8,35,138.0 10,74,913.0 11,03,793.2 12,23,137.2 2,64,59,665.9 2,99,00,998.4 2,93,90,640.6 3,31,56,875.6 I. TAX REVENUE (A+B) 6,03,361.6 7,00,271.1 7,03,784.1 7,59,532.4 2,13,35,066.6 2,44,92,794.5 2,45,24,430.9 2,78,91,607.1 A. Own Tax Revenue (1 to 3) 1,74,816.6 2,16,354.1 1,98,654.1 2,07,623.4 1,67,27,839.1 1,95,17,299.5 1,92,75,242.9 2,20,89,457.1

1. Taxes on Income (i+ii) 1,731.6 2,000.0 2,000.0 2,000.0 12.3 16.0 9.8 10.0 i) Agricultural Income Tax - - - - 12.3 16.0 9.8 10.0 ii) Taxes on Professions,Trades, Callings and Employment 1,731.6 2,000.0 2,000.0 2,000.0 - - - -

2. Taxes on Property and Capital Transactions (i to iii) 5,714.1 5,451.0 5,451.0 5,142.0 19,27,965.8 23,75,362.9 23,14,589.8 26,35,700.5 i) Land Revenue 1,839.4 2,654.0 2,654.0 2,454.0 25,628.5 37,010.9 31,910.8 23,513.0 ii) Stamps and Registration Fees 3,874.7 2,797.0 2,797.0 2,688.0 19,01,335.1 23,36,987.0 22,81,479.0 26,10,987.5 iii) Urban Immovable Property Tax - - - - 1,002.2 1,365.0 1,200.0 1,200.0

3. Taxes on Commodities and Services (i to viii) 1,67,370.9 2,08,903.1 1,91,203.1 2,00,481.4 1,47,99,861.1 1,71,41,920.6 1,69,60,643.4 1,94,53,746.6 i) Sales Tax (a to e) 23,819.5 25,000.0 25,000.0 17,500.0 60,19,979.6 69,58,783.8 65,48,578.8 70,30,984.8 a) Central Sales Tax 0.7 - - - 74,032.4 1,17,898.5 87,804.5 47,005.5 b) State Sales Tax/VAT 23,814.6 25,000.0 25,000.0 17,500.0 59,45,947.2 68,40,885.4 64,60,774.3 69,83,979.3 c) Surcharge on Sales Tax - - - - - - - - d) Receipts of Turnover Tax - - - - - - - - e) Other Receipts 4.2 0.0 0.0 0.0 - - - - ii) State Excise 37,224.5 45,000.0 50,000.0 56,700.0 10,77,428.7 12,24,743.0 11,85,700.0 12,94,400.0 iii) Taxes on Vehicles 5,161.6 7,300.0 7,300.0 8,600.0 9,37,462.6 11,55,981.0 11,99,804.0 13,44,073.6 iv) Taxes on Goods and Passengers - - - - 689.8 453.6 61.0 67.1 v) Taxes and Duties on Electricity - - - - 5,67,984.4 4,23,101.0 3,98,779.5 4,22,238.3 vi) Entertainment Tax 0.1 0.1 0.1 0.5 18.2 28.2 8.0 8.7 vii) State Goods and Services Tax 96,569.6 1,26,500.1 1,03,800.1 1,11,742.5 61,96,029.2 73,78,819.0 76,27,712.0 93,61,974.0 viii) Other Taxes and Duties 4,595.7 5,103.0 5,103.0 5,938.4 268.5 11.0 0.0 0.0 B. Share in Central Taxes (i to x) 4,28,545.0 4,83,917.0 5,05,130.0 5,51,909.0 46,07,227.5 49,75,495.0 52,49,188.0 58,02,150.0 i) Central Goods and Services Tax (CGST) 1,31,808.0 1,44,571.0 1,44,383.0 1,60,675.0 13,98,228.5 15,21,149.0 15,33,279.5 16,89,155.0 ii) Corporation Tax 1,30,361.0 1,45,311.0 1,45,230.0 1,54,112.0 13,82,896.0 15,62,472.0 14,90,040.0 16,20,159.0 iii) Income Tax 1,44,782.0 1,67,356.0 1,84,714.0 2,05,630.0 15,97,041.0 17,21,661.0 18,98,449.5 21,61,764.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - 0.0 - - - - - - vi) Taxes on Wealth - - - - - -50.0 7.9 - vii) Customs 15,220.0 21,365.0 25,151.0 25,403.0 1,61,453.0 1,01,528.0 2,67,367.9 2,67,061.0 viii) Union Excise Duties 5,760.0 4,503.0 4,841.0 5,278.0 61,097.0 60,708.0 51,428.6 55,482.0 ix) Service Tax 77.0 16.0 16.0 16.0 859.0 167.0 178.8 167.0 x) Other Taxes and Duties on Commodities and Services 537.0 795.0 795.0 795.0 5,653.0 7,860.0 8,435.8 8,362.0 II. NON-TAX REVENUE (C+D) 2,31,776.4 3,74,641.8 4,00,009.1 4,63,604.8 51,24,599.3 54,08,203.9 48,66,209.7 52,65,268.5 C. Own Non-Tax Revenue (1 to 6) 87,441.5 92,697.1 98,778.1 1,00,723.7 25,90,383.6 30,72,781.9 28,12,369.4 28,81,858.0

1. Interest Receipts 9,579.2 7,000.0 11,000.0 7,319.7 9,96,875.8 9,69,407.3 13,32,183.0 10,74,719.5

2. Dividends and Profits 333.7 400.0 400.0 400.0 70,030.2 60,744.5 39,660.2 45,370.1

3. General Services 18,734.0 19,464.8 19,464.8 20,902.6 4,95,363.5 8,28,952.6 5,64,721.3 3,52,049.7

of which: State Lotteries 3,519.2 4,800.0 4,800.0 5,000.0 - - - - 197State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) SIKKIM TAMIL NADU Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 3,417.4 4,274.6 4,274.6 4,133.3 7,17,979.8 7,37,733.8 5,63,142.4 7,56,548.1 i) Education, Sports, Art and Culture 921.0 1,732.8 1,732.8 1,375.0 1,47,000.2 2,26,344.1 56,525.3 2,31,595.2 ii) Medical and Public Health 1,103.7 602.4 602.4 800.0 2,63,505.1 2,01,901.3 2,03,993.4 2,06,576.8 iii) Family Welfare - - - - 26,658.4 25,325.6 26,786.7 29,377.4 iv) Water Supply and Sanitation 578.5 1,086.0 1,086.0 1,200.0 9,144.9 105.2 2,003.1 1,628.3 v) Housing 54.5 60.0 60.0 60.0 36,830.2 21,584.8 26,882.2 28,569.2 vi) Urban Development 437.6 453.3 453.3 242.3 1,46,938.2 1,95,498.8 1,77,662.7 1,85,297.6 vii) Labour and Employment 236.6 250.0 250.0 350.0 27,627.3 17,514.5 18,404.9 18,721.7 viii) Social Security and Welfare 60.8 59.0 59.0 61.0 29,765.7 11,355.8 13,431.7 11,764.9 ix) Others 24.6 31.0 31.0 45.0 30,509.7 38,103.7 37,452.4 43,017.1

5. Fiscal Services - - - - - 0.5 95.3 -

6. Economic Services ( i to xvii ) 55,377.2 61,557.7 63,638.7 67,968.1 3,10,134.2 4,75,943.3 3,12,567.3 6,53,170.4 i) Crop Husbandry 92.4 100.0 100.0 85.0 18,057.2 18,011.7 20,528.2 21,619.0 ii) Animal Husbandry 107.0 244.7 244.7 218.3 1,535.6 1,567.3 3,152.8 2,073.6 iii) Fisheries 13.5 15.0 15.0 41.6 2,416.7 1,909.7 1,976.0 1,952.3 iv) Forestry and Wildlife 3,140.8 3,990.0 3,990.0 3,200.0 10,106.6 10,077.5 8,210.1 8,570.7 v) Plantations 225.0 0.0 0.0 300.0 0.3 - 3.0 3.2 vi) Co-operation 10.3 10.0 10.0 10.0 3,225.4 24,993.2 37,550.5 38,386.5 vii) Other Agricultural Programmes - - - - 9,326.3 8,963.2 9,467.7 9,562.8 viii) Major and Medium Irrigation Projects - - - - 12,624.0 14,139.4 16,203.0 15,696.2 ix) Minor Irrigation 29.2 50.0 50.0 40.0 371.1 349.7 402.7 304.7 x) Power 42,719.6 46,000.0 46,581.0 51,880.0 167.8 0.2 0.2 0.2 xi) Petroleum - - - - 1.4 1.0 - - xii) Village and Small Industries 29.3 30.0 30.0 0.2 6,887.9 4,668.9 9,777.3 5,420.7 xiii) Industries@ 203.6 418.0 1,918.0 401.0 1,64,443.7 3,35,442.6 1,54,559.6 4,98,025.0 xiv) Ports and Light Houses - - - - 439.0 - - - xv) Road Transport 7,288.6 9,200.0 9,200.0 10,000.0 - - - - xvi) Tourism 906.7 1,200.0 1,200.0 1,500.0 93.3 63.0 111.6 63.0 xvii) Others* 611.3 300.0 300.0 292.0 80,437.9 55,755.9 50,624.8 51,492.7 D. Grants from the Centre (1 to 7)** 1,44,334.9 2,81,944.8 3,01,231.0 3,62,881.1 25,34,215.7 23,35,422.0 20,53,840.3 23,83,410.6

1. State Plan Schemes - - - - - - - -

2. Central Plan Schemes - - - - - - - -

3. Centrally Sponsored Schemes 94,047.9 2,23,012.8 2,30,849.4 2,20,415.9 13,97,163.4 16,54,287.0 12,92,737.0 16,66,083.6

4. NEC/ Special Plan Scheme - - - - - - - -

5. Finance Commission Grants 32,199.0 13,512.0 15,868.1 19,045.0 6,25,076.3 6,55,000.0 6,65,355.0 6,61,025.0 i) Post Devolution Revenue Deficit Grants 14,900.0 - - - 83,894.4 88,900.0 88,900.0 93,325.0 ii) Grants for Rural Local Bodies 1,650.0 4,893.0 6,414.1 4,761.0 2,79,099.9 2,95,700.0 2,95,700.0 2,88,400.0 iii) Grants for Urban Local Bodies 800.0 2,719.0 2,719.0 2,765.0 1,61,372.0 1,52,300.0 1,52,300.0 1,55,300.0 iv) Grant in aid for State Disaster Response Fund 12,669.0 4,720.0 4,720.0 7,134.0 90,000.0 94,480.0 94,480.0 99,200.0 v) Others (including Health Sector Grants) 2,180.0 1,180.0 2,015.0 4,385.0 10,710.0 23,620.0 33,975.0 24,800.0

6. Grants under proviso to Article 275(1) of the Constitution 1,754.4 3,000.0 3,000.0 3,000.0 650.5 0.0 2,019.7 2,019.7

7. Other Grants 16,333.6 42,420.0 51,513.5 1,20,420.2 5,11,325.5 26,135.0 93,728.6 54,282.3

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# - - - - 4,57,419.6 0.0 0.0 0.0 198Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) TELANGANA TRIPURA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 1,69,29,336.0 2,21,24,222.9 2,02,10,768.9 2,29,72,062.3 20,53,802.3 22,95,754.3 24,51,363.5 26,41,615.0 I. TAX REVENUE (A+B) 1,35,54,017.5 1,64,39,764.0 1,56,45,700.0 1,75,31,935.1 11,28,423.0 12,38,406.0 13,99,614.0 15,16,275.0 A. Own Tax Revenue (1 to 3) 1,11,79,813.5 1,38,18,126.0 1,29,40,675.0 1,45,41,958.1 2,91,277.8 3,32,889.0 3,34,788.0 3,60,988.0

1. Taxes on Income (i+ii) 81,098.2 90,000.0 85,000.5 90,501.0 4,124.9 4,600.3 4,396.8 4,579.9 i) Agricultural Income Tax - - - - 1.9 0.3 8.8 8.9 ii) Taxes on Professions,Trades, Callings and Employment 81,098.2 90,000.0 85,000.5 90,501.0 4,123.0 4,600.0 4,388.0 4,571.0

2. Taxes on Property and Capital Transactions (i to iii) 14,29,764.7 18,24,481.3 14,70,801.8 19,10,325.5 13,738.9 16,375.1 15,653.2 19,729.1 i) Land Revenue 34.9 1,120.0 1,120.0 1,120.0 2,224.2 2,500.0 2,400.0 2,500.0 ii) Stamps and Registration Fees 14,29,556.3 18,22,881.8 14,69,202.3 19,08,726.0 11,514.6 13,875.0 13,253.2 17,229.1 iii) Urban Immovable Property Tax 173.6 479.5 479.5 479.5 - 0.1 - -

3. Taxes on Commodities and Services (i to viii) 96,68,950.6 1,19,03,644.7 1,13,84,872.7 1,25,41,131.6 2,73,414.0 3,11,913.6 3,14,738.0 3,36,679.0 i) Sales Tax (a to e) 29,98,955.0 33,44,921.0 33,44,921.0 37,46,389.6 54,114.9 63,012.0 63,000.0 65,000.0 a) Central Sales Tax 4,800.2 16,020.0 16,020.0 17,216.3 - - - - b) State Sales Tax/VAT 29,94,122.3 33,20,881.0 33,20,881.0 37,20,554.5 54,114.9 63,012.0 63,000.0 65,000.0 c) Surcharge on Sales Tax - - - - - - - - d) Receipts of Turnover Tax 1.0 5,000.0 5,000.0 5,373.4 - - - - e) Other Receipts 31.5 3,020.0 3,020.0 3,245.5 - - - - ii) State Excise 20,29,888.7 25,61,752.5 25,61,752.5 27,62,336.0 41,699.5 47,730.0 50,000.0 55,000.0 iii) Taxes on Vehicles 7,09,481.8 8,47,793.2 8,47,793.2 8,53,500.0 14,273.2 14,652.0 15,385.0 15,500.0 iv) Taxes on Goods and Passengers -766.5 991.0 991.0 991.0 - - - - v) Taxes and Duties on Electricity 1,711.4 71,550.0 71,550.0 77,550.0 4,348.1 4,919.6 5,253.0 5,779.0 vi) Entertainment Tax 95.9 101.0 101.0 101.0 - - - - vii) State Goods and Services Tax 39,29,504.4 50,76,272.0 45,57,500.0 51,00,000.0 1,58,978.3 1,81,600.0 1,81,100.0 1,95,400.0 viii) Other Taxes and Duties 79.9 264.0 264.0 264.0 - - - - B. Share in Central Taxes (i to x) 23,74,204.0 26,21,638.0 27,05,025.0 29,89,977.0 8,37,145.2 9,05,517.0 10,64,826.0 11,55,287.0 i) Central Goods and Services Tax (CGST) 7,20,539.0 7,83,219.0 8,09,021.0 8,70,459.0 2,42,694.0 2,70,000.0 3,11,500.0 3,40,600.0 ii) Corporation Tax 7,12,634.0 7,87,225.0 7,59,956.0 8,34,904.0 2,40,030.0 3,00,000.0 3,28,000.0 3,55,000.0 iii) Income Tax 8,22,993.0 9,06,656.0 9,69,171.0 11,14,006.0 2,77,201.0 2,50,000.0 3,28,400.0 3,48,000.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - - - - - - - - vi) Taxes on Wealth - - - - - - - - vii) Customs 83,199.0 1,15,745.0 1,36,257.0 1,37,622.0 28,023.0 29,600.0 42,000.0 52,000.0 viii) Union Excise Duties 31,486.0 24,398.0 26,224.0 28,591.0 10,605.0 10,806.0 12,866.0 17,200.0 ix) Service Tax 443.0 86.0 87.0 86.0 148.0 1,800.0 348.0 475.0 x) Other Taxes and Duties on Commodities and Services 2,910.0 4,309.0 4,309.0 4,309.0 38,444.2 43,311.0 41,712.0 42,012.0 II. NON-TAX REVENUE (C+D) 33,75,318.6 56,84,458.9 45,65,068.9 54,40,127.2 9,25,379.2 10,57,348.3 10,51,749.5 11,25,340.0 C. Own Non-Tax Revenue (1 to 6) 23,81,950.1 35,20,843.9 25,81,453.9 31,61,877.2 42,052.5 47,500.0 47,500.0 50,400.0

1. Interest Receipts 2,920.7 71,279.0 10,839.0 10,839.0 2,715.3 3,861.0 4,159.0 5,513.0

2. Dividends and Profits 11,458.9 11,240.0 11,240.0 11,240.0 785.3 1,200.0 900.0 1,000.0

3. General Services 16,85,295.7 25,81,784.4 17,02,834.4 21,83,501.0 19,131.1 19,768.4 20,161.0 20,658.0

of which: State Lotteries - - - - 199State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) TELANGANA TRIPURA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 1,05,007.8 1,57,373.0 1,57,373.0 1,57,373.0 974.5 1,381.9 1,269.3 1,396.6 i) Education, Sports, Art and Culture 38,890.3 74,890.0 74,890.0 74,890.0 244.7 333.0 250.0 275.0 ii) Medical and Public Health 23,967.1 48,508.0 48,508.0 48,508.0 325.3 440.0 440.0 484.0 iii) Family Welfare 31.1 60.0 60.0 60.0 - - 5.0 5.4 iv) Water Supply and Sanitation 281.0 350.0 350.0 350.0 126.2 166.5 150.0 165.0 v) Housing 7,635.2 15,220.0 15,220.0 15,220.0 194.0 320.0 320.0 352.0 vi) Urban Development 26,587.0 1,760.0 1,760.0 1,760.0 0.0 4.6 1.0 1.1 vii) Labour and Employment 5,417.8 13,435.0 13,435.0 13,435.0 82.2 113.0 100.0 110.0 viii) Social Security and Welfare 358.3 920.0 920.0 920.0 1.3 3.5 2.0 2.7 ix) Others 1,840.1 2,230.0 2,230.0 2,230.0 0.7 1.3 1.3 1.4

5. Fiscal Services - - - - 9.0 10.0 12.0 13.0

6. Economic Services ( i to xvii ) 5,77,266.9 6,99,167.5 6,99,167.5 7,98,924.2 18,437.3 21,278.7 20,998.7 21,819.4 i) Crop Husbandry 8,589.3 749.0 749.0 749.0 209.4 309.0 153.0 200.0 ii) Animal Husbandry 41.0 463.8 463.8 463.8 158.0 176.0 192.0 200.0 iii) Fisheries 131.8 530.0 530.0 530.0 99.8 115.0 115.0 125.0 iv) Forestry and Wildlife 3,219.6 3,080.0 3,080.0 3,080.0 1,655.9 1,861.0 1,700.0 1,870.0 v) Plantations - - - - vi) Co-operation 677.1 2,470.0 2,470.0 2,470.0 23.1 20.0 20.0 22.0 vii) Other Agricultural Programmes - - - - - - 10.0 11.0 viii) Major and Medium Irrigation Projects 1,049.7 8,500.0 8,500.0 8,500.0 ix) Minor Irrigation 1,276.8 1,390.0 1,390.0 1,390.0 16.1 30.0 25.0 30.0 x) Power 1,129.4 1,860.0 1,860.0 1,860.0 xi) Petroleum - - - - xii) Village and Small Industries 19.3 52.0 52.0 52.0 - - 3.0 4.0 xiii) Industries@ 5,44,072.2 6,59,487.4 6,59,487.4 7,59,244.0 15,665.1 17,982.0 18,000.0 18,500.0 xiv) Ports and Light Houses - - - - xv) Road Transport - - - - 1.5 - 3.0 4.0 xvi) Tourism 414.3 4,420.0 4,420.0 4,420.0 0.6 - - - xvii) Others* 16,646.4 16,165.4 16,165.4 16,165.4 607.8 785.7 777.7 853.4 D. Grants from the Centre (1 to 7)** 9,93,368.5 21,63,615.0 19,83,615.0 22,78,250.0 8,83,326.8 10,09,848.3 10,04,249.5 10,74,940.0

1. State Plan Schemes - - - - - - - -

2. Central Plan Schemes - - - - - - - -

3. Centrally Sponsored Schemes 5,96,643.0 15,16,800.0 15,16,800.0 15,72,796.0 4,07,899.3 5,36,628.4 5,27,726.7 7,01,224.8

4. NEC/ Special Plan Scheme - - - - - - - -

5. Finance Commission Grants 2,92,442.0 4,21,815.0 4,21,815.0 4,30,454.0 4,57,716.0 4,19,900.0 4,29,620.0 3,36,860.0 i) Post Devolution Revenue Deficit Grants - - - - 4,17,400.0 3,78,800.0 3,78,800.0 2,95,900.0 ii) Grants for Rural Local Bodies 1,42,417.8 2,91,715.0 2,91,715.0 2,96,254.0 10,360.0 15,700.0 24,580.0 15,300.0 iii) Grants for Urban Local Bodies 91,544.1 78,000.0 78,000.0 79,600.0 14,800.0 8,100.0 8,100.0 8,200.0 iv) Grant in aid for State Disaster Response Fund 58,480.0 52,100.0 52,100.0 54,600.0 6,080.0 6,320.0 7,160.0 5,880.0 v) Others (including Health Sector Grants) - - - - 9,076.0 10,980.0 10,980.0 11,580.0

6. Grants under proviso to Article 275(1) of the Constitution 5,169.0 - - - 4,226.4 1,900.0 6,532.2 4,600.0

7. Other Grants 99,114.5 2,25,000.0 45,000.0 2,75,000.0 13,485.1 51,419.8 40,370.6 32,255.2

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# 62,476.5 - - 50,000.0 - - - - 200Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) UTTAR PRADESH UTTARAKHAND Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 4,65,80,116.9 6,06,80,240.0 5,47,60,658.0 6,62,69,093.0 50,61,501.4 60,55,290.3 59,23,565.7 62,54,052.9 I. TAX REVENUE (A+B) 3,95,74,903.0 4,88,90,284.0 4,39,81,011.0 5,50,17,221.0 31,87,271.0 36,14,647.1 36,52,150.0 39,91,772.8 A. Own Tax Revenue (1 to 3) 1,93,12,934.4 2,70,43,168.0 2,08,95,549.0 2,95,00,000.0 19,24,496.0 22,50,932.1 22,13,414.0 24,01,480.8

1. Taxes on Income (i+ii) 0.8 - - - -43.5 8.0 8.0 8.0 i) Agricultural Income Tax - - - - - - - - ii) Taxes on Professions,Trades, - - - - Callings and Employment 0.8 - - - -43.5 8.0 8.0 8.0

2. Taxes on Property and Capital Transactions (i to iii) 27,36,593.9 36,51,488.0 30,92,552.0 38,77,500.0 2,44,587.4 2,71,526.6 2,71,126.6 2,82,919.2 i) Land Revenue 40,473.7 86,295.0 46,373.0 62,500.0 1,391.8 5,006.4 2,906.4 3,047.0 ii) Stamps and Registration Fees 26,96,120.2 35,65,193.0 30,46,179.0 38,15,000.0 2,43,195.6 2,66,520.2 2,68,220.2 2,79,872.3 iii) Urban Immovable Property Tax - - - - - - - -

3. Taxes on Commodities and Services (i to viii) 1,65,76,339.7 2,33,91,680.0 1,78,02,997.0 2,56,22,500.0 16,79,952.1 19,79,397.5 19,42,279.4 21,18,553.5 i) Sales Tax (a to e) 31,12,582.2 42,73,316.0 31,50,015.0 45,30,000.0 2,51,927.3 2,50,377.6 2,52,077.6 2,50,115.3 a) Central Sales Tax 1,12,198.4 93,874.4 69,198.2 99,513.1 2,922.3 135.5 135.5 149.1 b) State Sales Tax/VAT 29,92,881.1 41,31,052.8 30,45,147.6 43,79,191.5 2,50,491.1 2,50,000.1 2,51,700.1 2,49,700.1 c) Surcharge on Sales Tax 967.2 - - - - - - - d) Receipts of Turnover Tax - - - - - - - - e) Other Receipts 6,535.6 48,388.9 35,669.2 51,295.4 -1,486.0 242.0 242.0 266.2 ii) State Excise 45,57,074.7 58,30,756.0 48,77,086.0 63,00,000.0 4,04,058.5 4,43,944.7 4,49,944.7 5,05,960.8 iii) Taxes on Vehicles 11,20,516.6 12,50,473.0 11,57,270.0 14,00,000.0 1,38,966.6 1,55,000.0 1,45,071.9 1,60,405.8 iv) Taxes on Goods and Passengers 3.1 - - - - 0.0 0.0 0.0 v) Taxes and Duties on Electricity 2,71,183.6 5,77,694.0 3,01,152.0 3,50,000.0 33,395.1 55,006.1 52,506.1 55,006.7 vi) Entertainment Tax 317.0 - - - 35.8 0.0 0.0 -11.0 vii) State Goods and Services Tax 75,14,662.1 1,14,24,873.0 83,17,474.0 1,30,42,500.0 8,29,705.9 10,20,069.0 10,19,879.0 11,22,075.9 viii) Other Taxes and Duties 0.5 34,568.0 21,862.9 55,000.0 22,800.0 25,000.0 B. Share in Central Taxes (i to x) 2,02,61,968.6 2,18,47,116.0 2,30,85,462.0 2,55,17,221.0 12,62,775.0 13,63,715.0 14,38,736.0 15,90,292.0 i) Central Goods and Services Tax (CGST) 61,49,264.0 66,89,849.0 67,42,367.0 74,28,719.0 3,83,237.0 4,16,926.0 4,16,032.0 4,62,974.0 ii) Corporation Tax 60,81,740.0 68,71,581.0 65,50,636.0 71,25,280.0 3,79,028.0 4,28,253.0 4,04,201.0 4,44,064.0 iii) Income Tax 70,23,602.6 75,71,675.0 83,54,014.0 95,07,206.0 4,37,728.0 4,71,884.0 5,29,746.0 5,92,511.0 iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - - - - - - - - vi) Taxes on Wealth - -218.0 - - - -14.0 - - vii) Customs 7,10,055.0 4,46,509.0 11,74,503.0 11,74,503.0 44,254.0 27,827.0 72,472.0 73,198.0 viii) Union Excise Duties 2,68,705.0 2,66,985.0 2,26,048.0 2,44,000.0 16,746.0 16,639.0 13,948.0 15,207.0 ix) Service Tax 3,776.0 735.0 745.0 735.0 234.0 46.0 45.0 46.0 x) Other Taxes and Duties on Commodities and Services 24,826.0 - 37,149.0 36,778.0 1,548.0 2,154.0 2,292.0 2,292.0 II. NON-TAX REVENUE (C+D) 70,05,213.9 1,17,89,956.0 1,07,79,647.0 1,12,51,872.0 18,74,230.4 24,40,643.2 22,71,415.8 22,62,280.2 C. Own Non-Tax Revenue (1 to 6) 14,24,952.8 24,43,484.0 13,40,669.0 24,60,385.0 4,41,808.7 4,87,337.5 4,57,685.9 4,39,548.1

1. Interest Receipts 1,22,853.1 2,16,500.0 1,23,000.0 2,18,700.0 12,576.5 8,491.4 13,941.4 16,734.2

2. Dividends and Profits 4,965.8 10,500.0 10,000.0 13,000.0 2,519.7 3,150.0 3,150.0 2,700.0

3. General Services 1,50,868.0 3,26,010.0 1,70,511.0 3,26,060.0 1,94,083.6 1,62,381.4 1,37,723.9 1,10,043.1

of which: State Lotteries - - - - - - - - 201State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) UTTAR PRADESH UTTARAKHAND Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 2,48,603.4 1,91,038.0 1,44,963.0 1,91,675.0 66,546.8 58,559.1 64,679.1 68,217.6 i) Education, Sports, Art and Culture 1,43,817.3 70,000.0 60,000.0 72,500.0 24,690.3 26,622.1 26,022.1 28,000.8 ii) Medical and Public Health 32,388.4 52,500.0 35,000.0 55,000.0 20,717.1 23,008.8 30,008.8 31,969.3 iii) Family Welfare 1,801.4 200.0 2,500.0 300.0 8.2 10.8 10.8 85.4 iv) Water Supply and Sanitation 21,763.8 100.0 1.0 100.0 5,845.5 2,000.0 2,000.0 511.0 v) Housing 4,540.1 4,500.0 5,193.0 4,500.0 677.6 800.0 800.0 800.0 vi) Urban Development 17,722.2 4,500.0 18,000.0 20,000.0 726.8 1,660.0 1,500.0 1,743.0 vii) Labour and Employment 6,404.6 10,000.0 11,719.0 10,000.0 1,223.9 1,480.2 1,500.2 1,714.2 viii) Social Security and Welfare 18,456.2 41,964.0 9,500.0 22,000.0 10,560.1 717.1 1,107.1 1,515.0 ix) Others 1,709.3 7,274.0 3,050.0 7,275.0 2,097.4 2,260.0 1,730.0 1,879.0

5. Fiscal Services 80.4 - - - - 0.2 0.2 -

6. Economic Services ( i to xvii ) 8,97,582.2 16,99,436.0 8,92,195.0 17,10,950.0 1,66,082.1 2,54,755.6 2,38,191.4 2,41,853.2 i) Crop Husbandry 24,531.1 66,300.0 9,378.0 33,600.0 805.3 599.5 700.5 829.5 ii) Animal Husbandry 3,339.0 5,500.0 2,400.0 5,500.0 265.2 357.9 250.8 249.9 iii) Fisheries 1,046.5 1,300.0 1,000.0 1,300.0 1.5 100.2 15.2 16.2 iv) Forestry and Wildlife 35,667.5 62,500.0 43,328.0 62,500.0 55,153.3 71,000.0 66,925.0 72,045.4 v) Plantations - - - - - -0.0 -0.0 -0.0 vi) Co-operation 8,574.2 5,000.0 3,500.0 5,500.0 6,481.7 3,195.9 3,300.9 3,555.7 vii) Other Agricultural Programmes 120.3 2,000.0 2,000.0 2,000.0 6.0 631.2 401.2 132.7 viii) Major and Medium Irrigation Projects 1,20,499.5 1,90,500.0 1,17,447.0 1,90,500.0 1,208.9 1,165.1 1,532.6 1,857.5 ix) Minor Irrigation 13,502.5 11,000.0 7,300.0 11,000.0 315.7 370.6 290.6 300.2 x) Power 1,88,169.7 4,98,600.0 1,90,000.0 5,00,000.0 20,564.2 75,050.0 55,050.0 55,015.7 xi) Petroleum - - - - - - - - xii) Village and Small Industries 16,166.8 8,936.0 1,000.0 9,000.0 3,221.2 477.7 480.7 501.6 xiii) Industries@ 4,01,899.0 5,50,120.0 4,52,487.0 6,00,300.0 64,585.3 87,501.3 90,060.3 95,065.3 xiv) Ports and Light Houses - - - - - - - - xv) Road Transport 83.2 800.0 90.0 800.0 7,403.5 7,815.0 14,482.8 8,574.3 xvi) Tourism 816.4 1,200.0 2,000.0 2,500.0 1,636.2 1,500.0 1,000.0 683.0 xvii) Others* 83,166.8 2,95,680.0 60,265.0 2,86,450.0 4,434.2 4,991.3 3,701.0 3,026.3 D. Grants from the Centre (1 to 7)** 55,80,261.2 93,46,472.0 94,38,978.0 87,91,487.0 14,32,421.6 19,53,305.7 18,13,729.9 18,22,732.1

1. State Plan Schemes - - - - - - - -

2. Central Plan Schemes - - - - - - - -

3. Centrally Sponsored Schemes 38,82,777.5 74,21,161.8 75,13,667.8 68,76,393.0 5,67,589.8 11,68,306.6 10,30,239.8 13,10,298.1

4. NEC/ Special Plan Scheme - - - - - - - -

5. Finance Commission Grants 12,89,098.3 17,33,419.2 17,33,419.2 17,39,148.0 8,05,019.5 7,37,499.0 7,37,490.0 4,76,434.0 i) Post Devolution Revenue Deficit Grants - - - - 6,22,300.0 4,91,600.0 4,91,600.0 2,09,900.0 ii) Grants for Rural Local Bodies 5,60,054.8 7,99,400.0 7,99,400.0 7,79,700.0 47,181.4 69,350.0 69,350.0 69,409.0 iii) Grants for Urban Local Bodies 4,99,623.5 5,11,800.0 5,11,800.0 5,08,110.0 22,398.2 35,750.0 35,750.0 49,000.0 iv) Grant in aid for State Disaster Response Fund 2,29,420.0 2,23,875.0 2,23,875.0 2,35,050.0 82,640.0 1,08,490.0 1,08,490.0 91,100.0 v) Others (including Health Sector Grants) - 1,98,344.2 1,98,344.2 2,16,288.0 30,500.0 32,309.0 32,300.0 57,025.0

6. Grants under proviso to Article 275(1) of the Constitution 1,353.6 4,150.0 4,150.0 4,100.0 - 0.0 0.0 0.0

7. Other Grants 4,07,031.7 1,87,741.0 1,87,741.0 1,71,846.0 59,812.3 47,500.0 46,000.0 36,000.0

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# 4,07,031.7 - - - 47,662.3 0.0 0.0 0.0 202Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) WEST BENGAL Item 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5 TOTAL REVENUE (I+II) 2,00,26,760.6 2,36,25,108.9 2,27,59,077.9 2,66,06,042.0 I. TAX REVENUE (A+B) 1,74,95,729.1 1,95,24,920.9 1,95,87,312.5 2,19,54,244.2 A. Own Tax Revenue (1 to 3) 89,98,550.0 1,02,34,891.9 99,86,315.8 1,12,54,380.4

1. Taxes on Income (i+ii) 77,738.5 84,830.0 83,179.1 88,995.6 i) Agricultural Income Tax 0.7 1.0 0.7 0.7 ii) Taxes on Professions,Trades, Callings and Employment 77,737.8 84,829.0 83,178.4 88,994.8

2. Taxes on Property and Capital Transactions (i to iii) 10,46,476.8 10,77,064.9 12,02,476.2 15,11,121.0 i) Land Revenue 3,96,738.5 3,47,019.9 4,13,956.7 5,01,150.4 ii) Stamps and Registration Fees 6,49,738.3 7,30,045.0 7,88,519.6 10,09,970.7 iii) Urban Immovable Property Tax - - - -

3. Taxes on Commodities and Services (i to viii) 78,74,334.7 90,72,997.0 87,00,660.5 96,54,263.8 i) Sales Tax (a to e) 11,81,080.3 13,22,796.0 12,76,782.9 13,90,500.2 a) Central Sales Tax 39,837.6 50,000.0 42,875.1 93,564.9 b) State Sales Tax/VAT 11,41,242.7 12,72,796.0 12,33,907.8 12,96,935.3 c) Surcharge on Sales Tax - - - - d) Receipts of Turnover Tax - - - - e) Other Receipts - - - - ii) State Excise 17,90,764.7 21,84,636.0 20,44,445.2 22,55,032.7 iii) Taxes on Vehicles 3,78,829.4 4,09,303.0 4,07,431.3 5,82,400.3 iv) Taxes on Goods and Passengers 64,532.6 30,000.0 12.9 30,900.0 v) Taxes and Duties on Electricity 3,09,002.1 3,28,600.0 3,19,478.8 3,50,069.6 vi) Entertainment Tax 11.5 8.7 13.1 13.9 vii) State Goods and Services Tax 40,89,955.2 47,33,655.0 45,87,252.0 49,77,199.0 viii) Other Taxes and Duties 60,158.9 63,998.3 65,244.3 68,148.1 B. Share in Central Taxes (i to x) 84,97,179.1 92,90,029.0 96,00,996.7 1,06,99,863.8 i) Central Goods and Services Tax (CGST) 25,78,789.1 25,82,024.0 29,59,676.3 32,19,964.9 ii) Corporation Tax 25,50,475.0 31,60,937.0 27,31,048.6 31,71,149.3 iii) Income Tax 29,45,463.0 30,86,554.0 35,29,548.3 38,04,378.2 iv) Estate Duty - - - - v) Other Taxes on Income and Expenditure - - - - vi) Taxes on Wealth - - - - vii) Customs 2,97,773.0 3,42,896.0 2,77,405.3 3,99,752.6 viii) Union Excise Duties 1,12,684.0 1,06,618.0 91,183.9 91,731.0 ix) Service Tax 1,582.0 11,000.0 321.8 347.5 x) Other Taxes and Duties on Commodities and Services 10,413.0 - 11,812.5 12,540.2 II. NON-TAX REVENUE (C+D) 25,31,031.5 41,00,188.0 31,71,765.5 46,51,797.8 C. Own Non-Tax Revenue (1 to 6) 3,23,814.0 6,31,747.0 3,28,642.3 9,36,040.9

1. Interest Receipts 27,423.5 3,55,728.1 27,896.0 4,62,627.2

2. Dividends and Profits 28,900.7 43,750.2 35,286.1 50,308.0

3. General Services 93,916.6 75,652.5 95,676.6 1,02,637.8

of which: State Lotteries 6,840.0 6,337.1 6,957.7 7,489.9 203State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) WEST BENGAL Item 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5

4. Social Services ( i to ix) 77,126.4 78,533.1 70,880.2 65,679.6 i) Education, Sports, Art and Culture 12,151.5 13,867.3 11,936.9 8,951.4 ii) Medical and Public Health 28,852.0 29,684.0 28,101.1 28,845.9 iii) Family Welfare 0.1 0.1 0.1 0.1 iv) Water Supply and Sanitation 10,215.6 11,658.0 4,688.8 1,405.9 v) Housing 7,640.6 4,249.5 8,233.0 7,439.0 vi) Urban Development 12,106.9 13,438.6 12,316.1 13,258.4 vii) Labour and Employment 1,395.9 1,138.8 1,420.1 1,528.5 viii) Social Security and Welfare 3,214.7 2,544.4 3,173.2 3,296.1 ix) Others 1,549.3 1,952.4 1,011.1 954.5

5. Fiscal Services - - - -

6. Economic Services ( i to xvii ) 96,446.8 78,083.2 98,903.4 2,54,788.3 i) Crop Husbandry 975.6 1,117.2 1,426.6 1,425.0 ii) Animal Husbandry 385.8 458.5 386.3 406.2 iii) Fisheries 211.0 228.8 195.4 157.8 iv) Forestry and Wildlife 8,626.2 10,205.4 8,769.3 9,437.1 v) Plantations 1.4 0.7 1.4 1.5 vi) Co-operation 1,041.7 1,324.6 1,104.2 1,174.1 vii) Other Agricultural Programmes 31.1 75.3 34.5 31.8 viii) Major and Medium Irrigation Projects 1,387.9 1,170.6 1,413.0 1,521.1 ix) Minor Irrigation 1,753.7 2,306.9 1,702.3 1,790.6 x) Power - 0.0 0.0 0.0 xi) Petroleum 0.8 1.8 0.8 0.9 xii) Village and Small Industries 220.3 543.2 225.0 242.3 xiii) Industries@ 58,582.6 37,326.1 59,590.4 2,14,149.1 xiv) Ports and Light Houses 87.4 58.0 88.9 95.8 xv) Road Transport 176.7 1,535.8 179.8 193.5 xvi) Tourism 230.6 139.7 234.7 252.7 xvii) Others* 22,734.0 21,590.4 23,550.8 23,908.9 D. Grants from the Centre (1 to 7)** 22,07,217.5 34,68,441.0 28,43,123.2 37,15,757.0

1. State Plan Schemes -4.0 - - -

2. Central Plan Schemes -4.5 - - -

3. Centrally Sponsored Schemes 7,11,239.4 26,00,642.0 19,72,364.1 28,60,939.1

4. NEC/ Special Plan Scheme - - - -

5. Finance Commission Grants 14,61,437.1 8,19,102.0 8,36,679.1 8,16,477.9 i) Post Devolution Revenue Deficit Grants 8,35,300.0 56,800.0 56,800.0 - ii) Grants for Rural Local Bodies 3,51,817.1 4,18,438.0 4,18,438.0 4,12,376.0 iii) Grants for Urban Local Bodies 1,52,200.0 2,20,964.0 2,20,964.0 2,26,397.0 iv) Grant in aid for State Disaster Response Fund 89,200.0 98,300.0 1,02,077.1 1,18,119.9 v) Others (including Health Sector Grants) 32,920.0 24,600.0 38,400.0 59,585.0

6. Grants under proviso to Article 275(1) of the Constitution 4,744.4 5,000.0 4,550.0 5,000.0

7. Other Grants 29,805.1 43,697.0 29,530.0 33,340.0

of which: GST Compensation (1)# - - - - GST Compensation (2)# - - - - 204Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) DELHI PUDUCHERRY Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL REVENUE (I+II) 56,79,778.9 64,14,194.0 63,01,945.7 81,54,583.0 10,04,241.1 10,63,364.0 11,16,864.0 11,49,858.0 I. TAX REVENUE (A+B) 53,68,079.1 58,75,000.0 59,20,000.0 68,70,000.0 3,90,838.8 4,21,800.0 4,45,200.0 4,68,200.0 A. Own Tax Revenue (1 to 3) 53,68,079.1 58,75,000.0 59,20,000.0 68,70,000.0 3,90,838.8 4,21,800.0 4,45,200.0 4,68,200.0

1. Taxes on Income (i+ii) - - - - - - - - i) Agricultural Income Tax - - - - - - - - ii) Taxes on Professions,Trades, - - - - Callings and Employment - - - - - - - -

2. Taxes on Property and Capital Transactions (i to iii) 7,15,228.6 7,75,000.0 7,60,000.0 9,00,000.0 13,324.9 14,699.0 15,199.0 15,199.0 i) Land Revenue 2.4 3.0 3.0 3.0 70.4 199.0 199.0 199.0 ii) Stamps and Registration Fees 7,15,226.3 7,74,997.0 7,59,997.0 8,99,997.0 13,254.6 14,500.0 15,000.0 15,000.0 iii) Urban Immovable Property Tax - - - - - - - -

3. Taxes on Commodities and Services (i to viii) 46,52,850.5 51,00,000.0 51,60,000.0 59,70,000.0 3,77,513.9 4,07,101.0 4,30,001.0 4,53,001.0 i) Sales Tax (a to e) 6,55,132.8 7,00,000.0 7,20,000.0 8,00,000.0 75,454.7 88,600.0 88,000.0 98,000.0 a) Central Sales Tax 13,103.8 22,800.0 10,000.0 19,800.0 - - - - b) State Sales Tax/VAT 6,42,029.0 6,77,000.0 7,09,900.0 7,80,100.0 75,454.7 88,600.0 88,000.0 98,000.0 c) Surcharge on Sales Tax - - - - - - - - d) Receipts of Turnover Tax - - - - - - - - e) Other Receipts - 200.0 100.0 100.0 - - - - ii) State Excise 5,16,408.5 6,40,000.0 5,60,000.0 7,00,000.0 1,48,766.5 1,60,000.0 1,70,000.0 1,80,000.0 iii) Taxes on Vehicles 3,24,215.0 3,60,000.0 3,30,000.0 3,70,000.0 15,912.3 17,100.0 20,000.0 20,000.0 iv) Taxes on Goods and Passengers - - - - - - - - v) Taxes and Duties on Electricity - - - - - - - - vi) Entertainment Tax 4.4 - 108.5 - - - - - vii) State Goods and Services Tax 31,57,069.6 34,00,000.0 35,49,890.0 41,00,000.0 1,37,380.5 1,41,400.0 1,52,000.0 1,55,000.0 viii) Other Taxes and Duties 20.2 - 1.5 - 1.0 1.0 1.0 B. Share in Central Taxes (i to x) - - - - - - - - i) Central Goods and Services Tax (CGST) - - - - - - - - ii) Corporation Tax - - - - - - - - iii) Income Tax - - - - - - - - iv) Estate Duty - - - - - - - - v) Other Taxes on Income and Expenditure - - - - - - - - vi) Taxes on Wealth - - - - - - - - vii) Customs - - - - - - - - viii) Union Excise Duties - - - - - - - - ix) Service Tax - - - - - - - - x) Other Taxes and Duties on Commodities - - - - - - - - and Services II. NON-TAX REVENUE (C+D) 3,11,699.7 5,39,194.0 3,81,945.7 12,84,583.0 6,13,402.3 6,41,564.0 6,71,664.0 6,81,658.0 C. Own Non-Tax Revenue (1 to 6) 1,02,386.0 1,00,000.0 60,000.0 75,000.0 2,53,500.5 2,69,666.0 2,92,264.0 2,95,940.0

1. Interest Receipts 37,601.9 43,869.0 16,242.0 26,270.0 12,570.1 13,100.0 19,200.0 17,700.0

2. Dividends and Profits 17,505.3 10,550.0 6,950.0 10,550.0 956.1 1,000.0 1,300.0 1,200.0

3. General Services 14,473.8 18,716.0 15,569.0 16,416.0 2,223.4 2,122.0 8,360.0 7,568.0

of which: State Lotteries - - - - 205State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) DELHI PUDUCHERRY Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

4. Social Services ( i to ix) 22,409.0 18,538.0 13,960.0 14,265.0 6,577.5 6,801.0 8,251.0 9,414.0 i) Education, Sports, Art and Culture 9,529.5 4,600.0 806.0 936.0 188.6 190.0 190.0 190.0 ii) Medical and Public Health 11,094.4 12,010.0 11,257.0 11,310.0 1,799.1 1,800.0 2,100.0 3,200.0 iii) Family Welfare 1.6 2.0 1.0 1.0 2.4 4.0 5.0 5.0 iv) Water Supply and Sanitation - - - - 3,235.5 3,650.0 4,150.0 4,150.0 v) Housing 1,188.2 1,280.0 1,140.0 1,230.0 959.0 760.0 1,100.0 1,100.0 vi) Urban Development 115.6 150.0 260.0 260.0 - 1.0 1.0 1.0 vii) Labour and Employment 474.2 477.5 447.0 477.5 305.2 310.0 600.0 550.0 viii) Social Security and Welfare 5.5 15.0 48.0 49.0 65.2 65.0 90.0 200.0 ix) Others - 3.5 1.0 1.5 22.5 21.0 15.0 18.0

5. Fiscal Services - 5.0 - - - - - -

6. Economic Services ( i to xvii ) 10,395.9 8,322.0 7,279.0 7,499.0 2,31,173.3 2,46,643.0 2,55,153.0 2,60,058.0 i) Crop Husbandry 42.5 56.0 64.0 72.0 115.1 90.0 14.0 40.0 ii) Animal Husbandry 3.9 14.0 10.0 10.0 29.0 30.0 1.0 1.0 iii) Fisheries 1.6 15.0 3.0 7.0 36.6 40.0 16.0 18.0 iv) Forestry and Wildlife 213.8 600.0 330.0 360.0 1.0 2.0 5.0 2.0 v) Plantations - - - - - - - - vi) Co-operation 24.6 27.0 17.0 17.0 26.5 33.0 35.0 25.0 vii) Other Agricultural Programmes 2.0 21.0 6.0 7.0 0.1 2.0 2.0 1.0 viii) Major and Medium Irrigation Projects 3,096.4 2,000.0 650.0 700.0 0.1 1.0 1.0 1.0 ix) Minor Irrigation - 0.5 - 0.5 65.7 60.0 63.0 63.0 x) Power 5,924.1 4,601.0 4,201.0 4,301.0 2,28,356.1 2,44,000.0 2,52,000.0 2,57,000.0 xi) Petroleum - - - - - - - - xii) Village and Small Industries 4.6 10.0 5.0 8.0 5.0 6.0 21.0 1.0 xiii) Industries@ - 2.0 1.0 2.0 371.8 210.0 401.0 281.0 xiv) Ports and Light Houses - - - - 1,628.8 1,650.0 2,000.0 2,100.0 xv) Road Transport - - - - - - - - xvi) Tourism 11.0 14.0 14.0 15.0 286.5 300.0 380.0 310.0 xvii) Others* 1,071.3 961.5 1,978.0 1,999.5 251.0 219.0 214.0 215.0 D. Grants from the Centre (1 to 7)** 2,09,313.8 4,39,194.0 3,21,945.7 12,09,583.0 3,59,901.8 3,71,898.0 3,79,400.0 3,85,718.0

1. State Plan Schemes - - - - - - - -

2. Central Plan Schemes - - - - - - - -

3. Centrally Sponsored Schemes 95,533.8 3,22,394.0 1,88,845.0 4,12,782.0 20,032.8 43,000.0 50,000.0 40,000.0

4. NEC/ Special Plan Scheme - - - -

5. Finance Commission Grants - - - - 3,39,869.0 3,28,898.0 3,29,400.0 3,45,718.0 i) Post Devolution Revenue Deficit Grants - - - - - - - - ii) Grants for Rural Local Bodies - - - - - - - - iii) Grants for Urban Local Bodies - - - - - - - - iv) Grant in aid for State Disaster Response Fund - - - - 500.0 2,500.0 500.0 500.0 v) Others (including Health Sector Grants) - - - - 3,39,369.0 3,26,398.0 3,28,900.0 3,45,218.0

6. Grants under proviso to Article 275(1) of - - - - - - - - the Constitution

7. Other Grants 1,13,780.0 1,16,800.0 1,33,100.7 7,96,801.0 - - - -

of which: GST Compensation (1)# - - - - - - - - GST Compensation (2)# 1,13,780.0 - 36,299.7 - - - - - 206Appendix I

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) All STATES AND UTS Item 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5 TOTAL REVENUE (I+II) 39,30,24,020.7 46,73,80,859.1 45,84,01,857.0 51,29,61,957.2 I. TAX REVENUE (A+B) 30,80,59,769.4 35,58,77,705.2 35,23,13,859.5 39,70,76,013.8 A. Own Tax Revenue (1 to 3) 19,50,83,623.3 23,34,88,917.2 22,34,60,432.3 25,48,64,122.6

1. Taxes on Income (i+ii) 7,87,382.3 9,21,080.0 9,00,437.6 9,90,222.3 i) Agricultural Income Tax 93.9 334.0 106.1 125.2 ii) Taxes on Professions,Trades, Callings and Employment 7,87,288.3 9,20,746.0 9,00,331.5 9,90,097.1

2. Taxes on Property and Capital Transactions (i to iii) 2,54,51,715.5 2,98,43,370.8 2,90,80,486.3 3,38,14,640.3 i) Land Revenue 24,09,960.5 21,27,233.5 23,16,669.6 26,59,976.5 ii) Stamps and Registration Fees 2,28,15,497.5 2,74,91,476.0 2,65,45,423.4 3,09,36,052.2 iii) Urban Immovable Property Tax 2,26,257.6 2,24,661.3 2,18,393.3 2,18,611.5

3. Taxes on Commodities and Services (i to viii) 16,88,44,525.5 20,27,24,466.4 19,34,79,508.4 22,00,59,260.1 i) Sales Tax (a to e) 4,06,40,410.2 4,75,99,322.7 4,50,57,591.1 5,00,46,515.7 a) Central Sales Tax 12,92,527.9 15,60,171.7 12,76,052.0 13,28,132.5 b) State Sales Tax/VAT 3,64,63,035.9 4,33,25,033.4 4,09,90,093.9 4,59,11,368.4 c) Surcharge on Sales Tax 967.2 5.3 3.0 3.1 d) Receipts of Turnover Tax 8.7 5,020.7 5,011.6 5,385.3 e) Other Receipts 28,83,870.4 27,09,091.7 27,86,430.6 28,01,626.4 ii) State Excise 2,58,27,549.8 3,19,57,138.4 3,00,18,339.2 3,44,73,161.5 iii) Taxes on Vehicles 1,10,32,652.3 1,27,44,396.5 1,25,47,246.7 1,41,89,896.1 iv) Taxes on Goods and Passengers 1,75,701.2 2,75,663.8 2,43,848.5 2,78,531.1 v) Taxes and Duties on Electricity 67,34,166.3 71,05,549.6 66,91,686.9 70,96,585.0 vi) Entertainment Tax 6,267.2 19,576.2 26,362.9 35,875.2 vii) State Goods and Services Tax 8,41,12,077.2 10,24,57,528.6 9,84,80,986.6 11,31,95,479.4 viii) Other Taxes and Duties 3,15,701.5 5,65,290.7 4,13,446.5 7,43,216.2 B. Share in Central Taxes (i to x) 11,29,76,146.1 12,23,88,788.0 12,88,53,427.2 14,22,11,891.2 i) Central Goods and Services Tax (CGST) 3,42,77,539.6 3,70,71,265.0 3,79,80,236.8 4,17,69,883.0 ii) Corporation Tax 3,39,01,199.0 3,86,81,169.1 3,68,68,956.0 4,07,32,060.3 iii) Income Tax 3,91,45,637.6 4,10,55,145.0 4,59,93,711.4 5,17,91,356.2 iv) Estate Duty - - - - v) Other Taxes on Income and Expenditure - 174.0 112.5 116.4 vi) Taxes on Wealth 1,512.0 1,369.3 17,200.2 2,241.0 vii) Customs 39,58,028.5 35,38,492.9 63,90,976.2 62,81,758.6 viii) Union Excise Duties 14,97,805.0 18,46,702.5 13,30,457.6 13,94,615.9 ix) Service Tax 21,036.0 40,718.3 9,230.1 6,583.5 x) Other Taxes and Duties on Commodities and Services 1,73,388.5 1,53,752.0 2,62,546.3 2,33,276.2 II. NON-TAX REVENUE (C+D) 8,49,64,251.3 11,15,03,153.9 10,60,87,997.6 11,58,85,943.4 C. Own Non-Tax Revenue (1 to 6) 3,21,71,146.6 3,94,67,684.5 3,72,77,594.6 4,35,45,578.4

1. Interest Receipts 28,49,357.7 33,54,880.4 36,18,728.7 40,16,543.6

2. Dividends and Profits 6,91,454.1 6,40,700.2 8,94,044.6 10,69,914.0

3. General Services 66,22,679.7 82,31,545.2 74,16,500.6 83,58,566.3

of which: State Lotteries 12,82,358.2 14,13,811.9 13,77,251.4 14,64,067.9 207State Finances : A Study of Budgets of 2025-26

Appendix I : Revenue Receipts of States and Union Territories with Legislature (Concld.) (₹ Lakh) All STATES AND UTS Item 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5

4. Social Services ( i to ix) 34,69,535.5 38,89,954.9 35,80,348.8 41,43,420.6 i) Education, Sports, Art and Culture 10,41,607.6 11,09,528.3 8,64,411.4 10,38,081.6 ii) Medical and Public Health 7,69,244.8 8,56,995.1 8,40,813.6 9,00,971.1 iii) Family Welfare 57,691.0 32,219.4 44,852.3 46,112.5 iv) Water Supply and Sanitation 2,03,666.0 1,82,939.6 1,62,261.9 1,84,010.8 v) Housing 1,13,076.1 2,67,940.3 2,20,397.0 2,47,069.7 vi) Urban Development 6,83,152.9 8,34,653.5 8,05,105.8 10,18,167.4 vii) Labour and Employment 2,89,675.5 3,00,107.4 3,20,291.5 3,52,932.2 viii) Social Security and Welfare 1,88,137.2 1,62,935.7 1,79,811.4 1,98,215.2 ix) Others 1,23,284.3 1,42,635.7 1,42,404.1 1,57,860.2

5. Fiscal Services 6,901.9 2,306.0 2,396.9 3,821.3

6. Economic Services ( i to xvii ) 1,85,31,217.6 2,33,48,297.9 2,17,65,575.1 2,59,53,312.5 i) Crop Husbandry 3,21,102.7 2,52,696.6 2,22,208.1 1,98,161.7 ii) Animal Husbandry 34,068.7 44,044.9 58,328.1 64,615.6 iii) Fisheries 26,693.3 34,304.2 35,525.6 39,840.2 iv) Forestry and Wildlife 7,03,692.3 8,90,371.5 7,42,630.8 9,80,597.6 v) Plantations 228.0 2.9 6.8 308.7 vi) Co-operation 78,082.0 1,35,521.1 1,13,939.5 1,26,980.6 vii) Other Agricultural Programmes 18,221.4 25,267.1 24,397.4 25,226.1 viii) Major and Medium Irrigation Projects 8,20,221.7 13,39,474.7 12,54,797.7 15,33,202.9 ix) Minor Irrigation 1,02,490.7 1,27,846.2 1,10,141.8 1,28,509.8 x) Power 15,63,691.4 23,79,658.3 20,46,241.4 25,32,665.7 xi) Petroleum 7,26,984.7 9,86,588.2 8,76,834.4 8,28,656.5 xii) Village and Small Industries 54,961.6 62,930.4 55,522.4 66,267.3 xiii) Industries@ 1,27,12,153.2 1,52,14,573.0 1,46,58,664.4 1,74,94,404.1 xiv) Ports and Light Houses 1,76,474.6 1,93,276.0 2,14,661.8 2,63,908.5 xv) Road Transport 3,11,100.7 3,72,507.5 3,77,094.5 3,88,790.6 xvi) Tourism 39,516.2 26,105.6 24,179.6 31,463.6 xvii) Others* 8,41,534.3 12,63,129.9 9,50,401.0 12,49,713.2 D. Grants from the Centre (1 to 7)** 5,27,93,104.8 7,20,35,469.4 6,88,10,402.9 7,23,40,365.0

1. State Plan Schemes -1,670.6 65,500.0 45,500.0 70,000.0

2. Central Plan Schemes 10,269.0 16,836.0 8,177.6 8,492.1

3. Centrally Sponsored Schemes 2,76,51,179.2 4,80,11,801.6 4,49,98,438.7 4,98,20,998.3

4. NEC/ Special Plan Scheme - - - -

5. Finance Commission Grants 1,43,91,717.9 1,51,52,516.5 1,54,88,817.8 1,41,59,619.4 i) Post Devolution Revenue Deficit Grants 48,10,971.4 25,79,918.0 25,37,201.0 14,84,125.0 ii) Grants for Rural Local Bodies 44,26,829.2 56,26,048.7 60,06,155.4 54,88,431.4 iii) Grants for Urban Local Bodies 21,55,754.7 28,88,407.2 30,60,584.8 28,73,414.1 iv) Grant in aid for State Disaster Response Fund 20,13,709.0 23,80,851.4 23,42,606.9 24,36,266.6 v) Others (including Health Sector Grants) 9,84,453.6 16,77,291.2 15,42,269.7 18,77,382.3

6. Grants under proviso to Article 275(1) of the Constitution 60,506.5 3,20,667.6 3,30,659.6 2,20,103.3

7. Other Grants 1,06,81,102.9 84,68,147.7 79,38,809.2 80,61,151.9

of which: GST Compensation (1)# - - - - GST Compensation (2)# 45,46,423.5 8,26,197.4 6,88,220.7 3,60,821.4 @ : Include Non-Ferrous Mining and Metallurgical Industries and Other Industries. * : Include receipts from Dairy Development, Land Reforms, Other Rural Development Programmes, Hill Areas, Civil Aviation, Inland Water Transport, Foreign Trade and Export Promotion, Non-conventional Energy Sources, General Economic Services, Civil Supplies, Roads and Bridges, etc.

Also see notes to Appendices. ** : The following steps must be done to compare this revised structure with earlier year’s published one. From components 1 to 4, there is no change in format. To get statutory grants total, 5 and 6 are required to be added. To get non-Plan Grants, 5,6 and 7 are required to be added.

# : Compensation for Loss of Revenue Arising out of Implementation of GST (States have reported under1601(08(110)) and 1601(08(114)).

Note: Data pertaining to UT of Jammu and Kashmir for 2023-24 is taken from CAG.

Source: Budget documents of State governments. Details in methodology.

208Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (₹ Lakh) Item ANDHRA PRADESH ARUNACHAL PRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 2,12,44,955.6 2,35,91,699.3 2,24,34,262.6 2,51,16,250.3 20,56,435.2 25,93,186.9 26,33,658.3 29,96,332.8 I. DEVELOPMENTAL EXPENDITURE (A + B) 1,44,40,968.4 1,65,30,734.9 1,53,72,945.8 1,75,45,776.1 14,77,595.8 18,02,990.8 19,38,003.1 19,81,954.9 A. Social Services (1 to 12) 97,18,880.0 1,19,08,613.4 1,07,30,366.9 1,22,58,201.5 6,60,295.6 7,81,959.9 8,27,194.6 7,79,190.8

1. Education, Sports, Art and Culture 26,58,839.4 30,72,067.1 30,19,136.6 32,40,280.2 2,60,997.4 3,31,830.1 3,16,423.2 3,16,489.3

2. Medical and Public Health 9,96,895.9 12,63,799.0 11,09,273.5 12,48,677.2 1,55,702.7 1,69,078.2 1,81,680.6 1,14,208.5

3. Family Welfare 3,75,239.9 3,99,617.7 3,89,510.4 4,39,264.3 3,429.0 112.0 4,008.8 316.5

4. Water Supply and Sanitation 53,330.2 96,462.3 61,513.1 99,476.0 91,608.5 1,09,179.5 1,27,138.9 1,46,652.7

5. Housing 6,86,639.3 4,02,690.6 1,62,447.3 5,81,422.8 9,804.9 12,354.4 5,498.0 43,743.9

6. Urban Development 6,99,439.6 6,79,748.0 6,25,883.8 4,56,783.2 24,158.1 40,815.4 65,935.1 46,626.5

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 35,87,431.8 47,04,393.2 38,30,989.3 51,82,147.2 - - - -

8. Labour and Labour Welfare 44,781.9 59,985.6 28,727.6 56,443.6 4,895.3 5,417.3 3,928.9 4,477.6

9. Social Security and Welfare 3,07,567.9 4,02,712.0 2,61,217.8 3,24,092.0 46,945.5 56,803.7 62,236.6 57,424.3

10. Nutrition 1,44,646.2 4,59,211.9 9,60,044.1 5,37,355.4 4,000.0 2,700.0 2,743.1 3,288.9

11. Relief on account of Natural Calamities 1,32,619.0 3,19,391.5 2,46,583.7 40,420.2 49,520.9 45,008.4 46,158.7 35,940.0

12. Others* 31,448.9 48,534.6 35,039.8 51,839.5 9,233.4 8,660.9 11,442.8 10,022.7 B. Economic Services (1 to 9) 47,22,088.4 46,22,121.5 46,42,579.0 52,87,574.6 8,17,300.2 10,21,030.8 11,10,808.5 12,02,764.1

1. Agriculture and Allied Activities (i to xii) 9,74,218.1 12,12,294.9 6,07,078.3 13,80,173.1 1,55,740.8 2,21,613.8 1,96,791.2 2,10,730.5 i) Crop Husbandry 3,23,192.1 7,33,984.5 2,46,878.1 3,79,051.3 78,328.6 61,505.2 67,294.2 64,074.2 ii) Soil and Water Conservation 4,735.6 5,990.1 5,214.5 5,771.6 9,636.6 29,909.4 17,020.4 22,948.4 iii) Animal Husbandry 93,320.9 1,08,076.3 1,14,881.7 1,11,008.1 16,417.0 23,472.6 23,051.9 23,243.5 iv) Dairy Development - - - - 3,656.9 622.9 1,395.7 1,292.3 v) Fisheries 13,902.3 26,730.8 18,649.1 27,018.0 6,802.8 8,463.7 12,681.7 13,843.2 vi) Forestry and Wild Life 30,039.9 64,667.6 63,203.4 65,919.6 31,846.7 80,040.0 65,904.3 75,460.7 vii) Plantations - - - - - - - - viii) Food Storage and Warehousing 1,604.1 21,607.3 19,708.2 27,533.4 5,921.2 10,146.6 4,910.7 4,166.7 ix) Agricultural Research and Education 73,321.7 91,674.9 91,684.9 77,486.9 686.5 4,760.0 1,918.7 2,397.4 x) Agricultural Finance Institutions - - - - - - - - xi) Co-operation 20,106.6 25,391.7 23,830.2 22,910.2 2,081.2 2,445.4 2,288.0 2,774.3 xii) Other Agricultural Programmes 4,13,994.9 1,34,171.7 23,028.3 6,63,474.3 363.4 247.9 325.5 529.9

2. Rural Development 13,36,330.2 13,94,266.1 11,25,828.6 15,83,621.8 1,39,803.9 1,52,275.6 1,41,722.8 1,40,929.3

3. Special Area Programmes - - - - 20,093.4 2,322.9 545.0 3,936.1

4. Irrigation and Flood Control 70,551.1 76,846.4 75,400.0 91,482.5 39,925.7 60,742.1 1,52,962.9 1,19,629.5

of which: i) Major and Medium Irrigation 59,893.5 65,213.9 64,339.3 80,109.6 - - - - ii) Minor Irrigation 10,084.0 11,008.2 10,492.5 10,806.5 25,741.7 58,902.1 57,962.9 1,17,729.5 iii) Flood Control and Drainage 44.8 0.1 0.1 50.0 14,184.0 1,840.0 95,000.0 1,900.0

5. Energy 14,92,645.9 7,60,955.7 14,46,543.4 13,13,152.7 1,67,819.5 2,33,291.7 2,71,041.1 2,46,915.5

of which: Power 14,92,645.9 7,60,955.7 14,46,543.4 13,13,152.7 1,63,436.5 2,28,510.9 2,64,821.2 2,43,547.8

6. Industry and Minerals (i to iii) 53,396.0 1,83,023.0 90,897.1 1,79,859.1 14,567.0 17,200.2 17,124.1 18,483.4 i) Village and Small Industries 12,472.3 83,302.4 37,294.4 62,577.0 11,232.1 12,737.5 11,943.5 13,197.1 ii) Industries@ 32,130.9 78,520.6 39,373.0 1,09,842.2 2,720.6 3,034.6 3,888.4 4,085.9 iii) Others** 8,792.9 21,200.0 14,229.8 7,440.0 614.3 1,428.1 1,292.2 1,200.3 209State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item ANDHRA PRADESH ARUNACHAL PRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 5,16,446.2 5,45,134.9 5,29,676.2 5,43,260.9 2,36,065.0 1,99,381.7 2,72,994.3 2,17,932.7 i) Roads and Bridges 1,41,646.6 1,51,328.0 1,30,795.4 1,48,022.8 2,14,147.2 1,68,514.2 2,44,186.4 1,90,168.8 ii) Others @@ 3,74,799.6 3,93,806.9 3,98,880.8 3,95,238.1 21,917.8 30,867.6 28,808.0 27,763.9

8. Science, Technology and Environment 1,032.1 1,028.4 992.5 1,682.2 8,637.1 13,447.3 12,650.0 8,144.6

9. General Economic Services (i to iv) 2,77,468.9 4,48,572.1 7,66,162.9 1,94,342.2 34,648.0 1,20,755.5 44,977.2 2,36,062.6 i) Secretariat– Economic Services 2,41,469.1 3,10,988.2 6,36,178.2 1,13,191.9 16,859.6 92,370.2 6,105.7 2,10,443.0 ii) Tourism 2,367.8 2,169.6 2,254.3 16,884.7 4,337.1 8,238.3 9,861.7 5,989.3 iii) Civil Supplies 20,846.4 1,16,377.0 1,11,231.2 43,683.5 9,296.1 15,478.9 24,291.0 14,593.5 iv) Others + 12,785.5 19,037.3 16,499.2 20,582.2 4,155.2 4,668.1 4,718.8 5,036.7 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 68,01,854.8 70,58,464.4 70,58,816.7 75,67,974.2 5,78,839.4 7,90,196.1 6,95,655.2 10,14,377.9 A. Organs of State 1,42,326.2 2,82,601.9 3,02,430.0 1,52,283.1 23,318.1 50,296.7 35,881.6 29,876.8 B. Fiscal Services (i + ii) 1,02,636.1 1,44,905.3 1,39,758.9 1,69,599.3 6,648.5 8,396.3 9,053.2 10,100.1 i) Collection of Taxes and Duties 1,02,636.1 1,44,905.3 1,39,758.9 1,69,599.3 6,433.6 8,157.4 8,765.4 9,744.4 ii) Other Fiscal Services - - - - 214.9 238.9 287.8 355.7 C. Interest Payments and Servicing of Debt (1 + 2) 29,48,115.8 29,29,572.1 31,04,436.3 35,49,811.6 92,911.4 1,02,745.0 1,04,866.5 1,19,539.2

1. Appropriation for Reduction or Avoidance of Debt - 50,000.0 10,000.0 50,000.0 7,108.0 7,108.0 10,108.0 20,108.0

2. Interest Payments (i to iv) 29,48,115.8 28,79,572.1 30,94,436.3 34,99,811.6 85,803.4 95,637.0 94,758.5 99,431.2 i) Interest on Loans from the Centre 93,312.6 56,771.5 56,771.5 55,822.3 341.0 343.5 389.0 19.0 ii) Interest on Internal Debt 27,05,090.1 26,49,898.0 28,73,256.0 32,86,224.3 62,311.0 71,784.7 70,191.0 74,627.0

of which:

(a) Interest on Market Loans 24,94,329.9 24,38,259.0 26,66,095.5 30,56,055.8 46,106.0 52,192.8 50,632.0 55,258.0

(b) Interest on NSSF 74,962.9 58,198.7 47,598.7 57,231.0 10,066.0 8,582.5 8,582.0 7,107.0 iii) Interest on Small Savings, State Provident Funds, etc. 1,44,916.2 1,68,762.0 1,59,548.0 1,57,765.0 23,014.0 23,398.3 23,029.0 23,214.0 iv) Others 4,796.9 4,140.6 4,860.8 0.0 137.4 110.5 1,149.5 1,571.2 D. Administrative Services (i to v) 14,39,093.8 15,20,576.2 14,93,646.9 15,02,743.5 2,58,311.7 3,98,087.8 3,00,378.9 5,75,235.2 i) Secretariat– General Services 4,36,424.7 4,46,444.2 3,96,712.1 4,33,678.2 20,672.9 30,840.4 27,128.9 29,509.7 ii) District Administration 1,29,554.6 1,40,551.2 1,43,072.0 1,46,135.3 41,422.4 76,407.8 54,794.3 72,948.7 iii) Police 7,13,708.3 7,53,018.1 7,80,587.0 7,69,957.7 1,21,568.6 1,47,959.6 1,40,561.3 2,93,889.1 iv) Public Works 28,621.9 36,255.1 37,291.8 36,293.7 57,618.3 1,23,356.0 57,738.4 1,52,605.7 v) Others ++ 1,30,784.3 1,44,307.6 1,35,984.1 1,16,678.5 17,029.5 19,524.0 20,156.0 26,281.9 E. Pensions 21,69,636.8 21,80,772.7 20,18,499.9 21,93,536.5 1,97,529.1 2,30,528.4 2,45,321.7 2,79,480.6 F. Miscellaneous General Services 46.0 36.2 44.8 0.1 120.7 142.0 153.4 146.0

of which:

Payment on account of State Lotteries - - - - - - - - III. Grants-in-Aid and Contributions 2,132.4 2,500.0 2,500.0 2,500.0 - - - -

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 2,132.4 2,500.0 2,500.0 2,500.0 - - - - 210Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item ASSAM BIHAR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 94,16,289.9 1,10,09,185.7 1,17,57,293.4 1,17,22,596.7 1,90,51,416.7 2,25,67,699.6 2,81,23,044.7 2,52,00,025.6 I. DEVELOPMENTAL EXPENDITURE (A + B) 55,70,908.1 66,46,100.4 72,29,719.5 71,12,743.5 1,31,29,648.5 1,46,91,670.6 1,99,81,220.7 1,66,19,479.0 A. Social Services (1 to 12) 43,50,947.5 48,13,008.6 53,12,790.5 54,07,869.4 83,22,510.2 1,02,30,696.1 1,41,55,012.1 1,16,73,915.1

1. Education, Sports, Art and Culture 20,47,428.3 21,68,865.6 23,58,811.4 24,64,413.0 40,88,997.5 51,61,020.7 76,16,775.4 58,71,493.4

2. Medical and Public Health 5,62,504.7 6,70,595.3 7,44,567.8 6,98,710.1 9,84,623.6 11,53,805.0 15,44,701.2 15,30,906.6

3. Family Welfare 40,716.9 47,235.1 47,235.1 48,834.3 99,325.8 2,28,640.7 2,37,650.7 2,87,243.8

4. Water Supply and Sanitation 51,354.6 1,08,626.5 1,08,626.5 1,09,256.0 7,69,157.7 2,95,775.5 3,74,520.6 3,39,201.3

5. Housing 4,95,802.4 2,84,422.8 3,18,785.3 3,34,660.8 74,792.6 4,58,000.0 4,77,500.0 5,46,951.0

6. Urban Development 2,14,170.5 1,94,049.8 2,16,099.5 1,46,304.8 8,78,840.2 10,36,955.0 13,52,777.6 10,92,779.0

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 1,88,817.7 2,60,140.0 2,69,125.5 2,74,533.0 97,509.5 3,49,828.1 3,77,588.7 3,72,877.2

8. Labour and Labour Welfare 15,029.7 20,216.4 20,456.0 23,676.6 60,441.9 92,183.0 1,07,032.9 1,07,362.2

9. Social Security and Welfare 5,94,603.2 7,51,710.9 8,69,006.1 9,54,632.1 7,47,203.9 7,02,546.5 11,53,955.7 7,76,347.7

10. Nutrition 93,175.0 87,138.1 90,997.5 88,578.2 1,99,786.9 1,91,995.2 3,35,194.4 2,12,382.5

11. Relief on account of Natural Calamities 26,158.2 2,05,095.9 2,53,917.6 2,47,559.1 2,85,911.8 5,13,792.7 5,20,929.8 4,82,893.3

12. Others* 21,186.4 14,912.1 15,162.1 16,711.5 35,918.9 46,153.7 56,385.2 53,477.2 B. Economic Services (1 to 9) 12,19,960.6 18,33,091.8 19,16,929.0 17,04,874.1 48,07,138.3 44,60,974.5 58,26,208.5 49,45,563.9

1. Agriculture and Allied Activities (i to xii) 4,20,263.3 5,16,721.5 5,50,286.6 5,48,560.0 5,01,799.9 7,54,939.6 8,74,457.2 7,63,976.1 i) Crop Husbandry 1,47,452.4 1,43,677.3 1,51,536.9 1,39,993.5 1,79,411.4 3,19,155.9 3,58,538.1 3,02,318.6 ii) Soil and Water Conservation 20,038.1 25,132.6 25,158.6 11,818.1 5,912.0 22,863.4 28,074.6 14,339.6 iii) Animal Husbandry 37,787.4 55,779.7 56,706.4 58,606.0 64,692.1 92,174.3 1,00,931.1 95,914.7 iv) Dairy Development 3,310.8 7,356.1 7,356.1 5,096.9 19,626.2 18,611.3 19,914.9 18,681.8 v) Fisheries 11,137.3 13,739.7 13,759.0 12,643.7 34,109.2 38,638.4 42,157.3 43,828.7 vi) Forestry and Wild Life 86,072.5 1,30,524.2 1,32,625.0 1,40,723.8 37,031.5 79,597.2 98,500.6 83,382.4 vii) Plantations - - - - viii) Food Storage and Warehousing 55,573.0 73,930.9 86,247.0 1,04,697.1 43,723.1 56,500.1 90,027.4 52,665.1 ix) Agricultural Research and Education 41,994.5 43,702.5 43,702.5 46,601.3 49,966.1 60,990.8 68,442.5 66,690.3 x) Agricultural Finance Institutions - - - - xi) Co-operation 12,644.5 17,632.7 17,949.3 20,604.0 65,984.5 62,701.9 64,164.3 83,614.7 xii) Other Agricultural Programmes 4,252.8 5,246.0 15,246.0 7,775.7 1,343.8 3,706.4 3,706.4 2,540.2

2. Rural Development 3,71,122.0 7,11,741.1 7,11,757.0 4,96,172.4 18,12,316.5 18,94,405.0 22,39,554.7 20,77,375.9

3. Special Area Programmes 831.6 6,762.1 16,504.6 7,379.0 - - - -

4. Irrigation and Flood Control 1,03,830.8 1,61,239.1 1,63,369.2 1,36,334.4 1,50,614.9 1,42,320.7 1,59,772.7 1,59,614.7

of which: i) Major and Medium Irrigation 20,152.3 30,457.8 30,457.8 23,185.0 64,962.2 69,593.8 79,057.8 75,230.8 ii) Minor Irrigation 44,731.3 82,655.7 82,655.7 60,801.2 20,776.8 23,308.9 24,477.5 22,634.7 iii) Flood Control and Drainage 38,412.1 47,451.4 49,581.5 51,498.3 62,932.3 46,095.0 52,914.4 60,223.2

5. Energy 73,284.4 41,777.2 41,777.2 54,922.7 13,97,363.9 9,86,754.0 16,24,074.3 11,50,462.0

of which: Power 73,154.9 41,674.8 41,674.8 54,844.2 13,91,843.9 9,75,763.0 16,10,095.3 11,39,563.0

6. Industry and Minerals (i to iii) 56,024.0 1,53,037.1 1,53,037.1 2,28,493.3 1,73,476.9 1,60,289.5 2,40,518.2 1,75,332.7 i) Village and Small Industries 35,935.4 50,017.4 50,017.5 49,132.1 78,640.0 60,165.0 79,615.1 60,595.4 ii) Industries@ 20,088.5 1,03,019.6 1,03,019.7 1,79,361.1 94,837.0 1,00,124.6 1,60,903.1 1,14,737.3 iii) Others** - - - - 211State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item ASSAM BIHAR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 1,38,746.2 1,74,662.6 1,77,346.0 1,61,783.6 6,33,539.8 4,14,589.5 5,13,537.4 4,58,211.7 i) Roads and Bridges 1,05,434.6 1,42,404.2 1,44,404.2 1,30,245.6 6,20,988.5 3,90,462.9 4,75,462.9 4,34,423.7 ii) Others @@ 33,311.6 32,258.4 32,941.8 31,538.1 12,551.3 24,126.6 38,074.5 23,788.0

8. Science, Technology and Environment 2,286.8 2,900.2 2,900.2 2,769.6 290.9 742.1 742.1 1,415.9

9. General Economic Services (i to iv) 53,571.7 64,251.0 99,951.0 68,459.0 1,37,735.6 1,06,934.1 1,73,551.9 1,59,175.1 i) Secretariat– Economic Services 43,450.7 45,796.7 80,996.7 50,140.5 14,030.0 17,084.9 27,380.6 24,741.5 ii) Tourism 3,689.3 7,666.6 8,166.6 8,051.8 18,708.7 19,511.1 21,494.2 28,754.6 iii) Civil Supplies 46.3 440.2 440.2 121.0 97,282.7 55,820.5 1,02,312.0 66,654.0 iv) Others + 6,385.4 10,347.5 10,347.5 10,145.7 7,714.2 14,517.6 22,365.0 39,024.9 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 38,12,059.1 42,73,976.9 44,38,465.5 45,12,202.4 59,21,781.7 78,75,365.1 81,41,160.2 85,79,882.7 A. Organs of State 1,08,576.1 1,25,622.8 1,54,397.1 1,33,560.0 2,14,104.1 2,93,538.2 3,81,209.4 3,74,756.5 B. Fiscal Services (i + ii) 96,929.9 1,54,628.9 1,57,672.5 1,39,534.1 1,88,106.6 2,90,242.2 3,35,948.5 3,08,035.1 i) Collection of Taxes and Duties 96,672.1 1,54,170.5 1,57,214.1 1,39,144.9 1,87,805.1 2,89,942.6 3,35,649.0 3,08,035.1 ii) Other Fiscal Services 257.9 458.5 458.5 389.2 301.5 299.5 299.5 - C. Interest Payments and Servicing of Debt (1 + 2) 10,38,917.4 11,99,738.2 12,68,738.2 11,68,706.9 19,07,237.3 22,17,214.7 22,17,214.7 25,01,403.7

1. Appropriation for Reduction or Avoidance of Debt 2,25,000.0 2,40,000.0 3,00,000.0 70,000.0 1,46,657.4 1,64,596.1 1,64,596.1 2,00,010.0

2. Interest Payments (i to iv) 8,13,917.4 9,59,738.2 9,68,738.2 10,98,706.9 17,60,579.9 20,52,618.6 20,52,618.6 23,01,393.7 i) Interest on Loans from the Centre 9,032.3 9,551.6 9,551.6 12,405.7 96,367.7 57,707.0 57,707.0 1,30,000.0 ii) Interest on Internal Debt 7,16,353.5 8,55,717.1 8,55,717.1 9,91,831.7 15,49,445.4 18,74,842.7 18,74,842.7 20,93,973.5

of which:

(a) Interest on Market Loans 6,35,443.9 7,51,546.2 7,51,546.2 8,64,120.5 13,73,949.0 17,13,057.9 17,13,057.9 19,50,258.2

(b) Interest on NSSF 47,015.4 39,982.2 39,982.2 32,712.1 1,14,904.6 96,701.4 96,701.4 78,771.7 iii) Interest on Small Savings, State Provident Funds, etc. 88,531.6 88,364.5 88,364.5 88,364.5 1,09,290.1 1,18,800.0 1,18,800.0 76,100.0 iv) Others - 6,105.0 15,105.0 6,105.0 5,476.7 1,269.0 1,269.0 1,320.2 D. Administrative Services (i to v) 7,49,940.1 9,48,661.1 9,74,319.4 9,04,036.6 15,04,350.7 18,94,756.9 19,82,965.3 20,56,744.4 i) Secretariat– General Services 41,027.9 64,183.4 71,998.4 22,593.9 41,503.7 51,999.8 65,931.3 75,696.7 ii) District Administration 30,698.2 37,943.7 39,348.4 68,770.3 60,585.8 79,884.4 84,883.5 95,685.5 iii) Police 5,24,639.7 6,45,329.5 6,46,533.7 6,57,884.5 10,81,790.1 13,10,103.9 13,56,318.4 14,09,383.5 iv) Public Works 43,516.1 89,565.7 89,565.7 37,883.7 1,03,784.8 1,40,179.6 1,45,135.0 1,17,729.4 v) Others ++ 1,10,058.3 1,11,638.9 1,26,873.2 1,16,904.3 2,16,686.3 3,12,589.3 3,30,697.2 3,58,249.2 E. Pensions 17,65,420.7 17,81,143.4 18,17,155.9 20,90,028.7 24,29,091.6 31,79,613.0 31,79,613.0 33,38,943.1 F. Miscellaneous General Services 52,274.9 64,182.4 66,182.4 76,336.2 -3,21,108.6 0.2 44,209.3 0.0

of which:

Payment on account of State Lotteries - - - - - - - - III. Grants-in-Aid and Contributions 33,322.6 89,108.4 89,108.4 97,650.8 -13.5 663.9 663.9 663.9

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 33,322.6 89,107.4 89,107.4 97,649.8 -13.5 663.9 663.9 663.9 212Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item CHHATTISGARH GOA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 1,14,74,095.8 1,24,84,000.7 1,28,40,599.9 1,38,19,600.4 16,85,507.1 19,88,759.1 20,06,067.3 20,21,245.1 I. DEVELOPMENTAL EXPENDITURE (A + B) 87,20,337.4 94,70,632.7 98,21,211.5 1,03,05,970.5 11,02,205.9 12,64,541.8 12,77,881.4 12,85,904.5 A. Social Services (1 to 12) 39,41,193.5 55,63,196.4 54,50,190.2 59,31,463.1 6,12,690.4 7,14,165.5 7,17,896.2 7,11,906.2

1. Education, Sports, Art and Culture 19,91,972.9 24,58,828.7 22,68,528.8 25,69,851.7 2,97,800.0 3,25,147.5 3,25,778.1 3,20,603.0

2. Medical and Public Health 6,05,479.4 9,02,818.3 9,21,558.9 9,10,058.4 1,56,847.8 1,77,215.0 1,77,215.1 1,77,041.2

3. Family Welfare 27,130.7 44,069.9 39,129.9 44,653.8 1,734.5 1,785.6 1,785.6 1,824.3

4. Water Supply and Sanitation 54,599.6 76,432.0 67,603.0 61,420.6 46,819.3 57,181.8 57,181.8 47,977.8

5. Housing 3,38,604.9 8,40,069.9 7,50,049.3 9,05,064.8 1,845.7 2,150.0 2,150.0 2,080.0

6. Urban Development 2,01,180.1 3,11,264.6 2,83,263.5 2,43,018.8 8,130.1 20,464.0 20,464.0 20,833.0

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 22,010.0 46,767.8 38,978.6 49,152.0 5,541.3 10,419.0 10,519.0 10,512.7

8. Labour and Labour Welfare 58,066.2 50,563.1 47,089.2 51,237.7 9,095.7 10,764.1 10,764.1 11,932.5

9. Social Security and Welfare 4,27,602.9 6,44,788.3 8,44,055.9 8,99,834.9 70,515.4 96,962.6 96,962.7 1,03,606.4

10. Nutrition 76,362.6 84,055.5 84,055.5 84,076.0 2,356.9 2,227.1 2,227.1 2,446.1

11. Relief on account of Natural Calamities 60,958.5 53,568.7 53,545.7 52,070.3 1,471.7 2,111.6 2,111.6 2,606.6

12. Others* 77,225.6 49,969.7 52,332.0 61,024.2 10,532.2 7,737.3 10,737.3 10,442.7 B. Economic Services (1 to 9) 47,79,143.9 39,07,436.3 43,71,021.4 43,74,507.4 4,89,515.5 5,50,376.3 5,59,985.1 5,73,998.3

1. Agriculture and Allied Activities (i to xii) 33,11,297.7 22,97,746.8 25,25,254.5 26,30,303.2 49,872.9 63,095.9 63,342.1 65,202.4 i) Crop Husbandry 24,53,669.3 12,71,392.3 14,45,374.6 12,75,679.3 16,830.6 20,890.0 20,890.1 23,969.3 ii) Soil and Water Conservation 26,795.4 21,270.7 20,613.7 25,090.1 372.3 452.6 452.6 516.1 iii) Animal Husbandry 42,993.9 56,454.0 55,270.9 66,114.9 7,263.9 9,432.8 9,432.9 8,314.9 iv) Dairy Development - - - - 5,787.1 7,065.5 7,065.5 6,489.6 v) Fisheries 16,137.6 22,145.0 21,518.1 21,886.1 2,577.2 3,789.6 3,789.6 3,692.5 vi) Forestry and Wild Life 1,53,415.1 2,14,720.2 1,70,512.1 2,55,080.6 10,450.2 12,548.8 12,794.8 14,653.5 vii) Plantations - - - - viii) Food Storage and Warehousing 5,62,176.3 6,38,344.7 7,38,476.3 9,12,812.9 3,788.2 4,755.2 4,755.2 3,387.1 ix) Agricultural Research and Education 22,983.3 34,114.1 34,105.3 33,989.3 442.3 588.4 588.4 617.4 x) Agricultural Finance Institutions - - - - xi) Co-operation 31,430.2 36,605.7 36,683.6 36,650.0 2,198.8 3,370.6 3,370.6 3,358.9 xii) Other Agricultural Programmes 1,696.7 2,700.0 2,700.0 3,000.0 162.5 202.5 202.5 203.0

2. Rural Development 4,51,819.5 6,85,965.9 7,07,991.9 6,90,761.5 14,720.1 28,531.9 30,032.0 33,309.5

3. Special Area Programmes - - - - 1,269.0 1,427.5 1,427.5 1,365.2

4. Irrigation and Flood Control 58,766.8 54,555.2 71,270.8 91,978.2 17,615.7 24,584.0 22,092.0 24,633.3

of which: i) Major and Medium Irrigation 51,144.5 43,940.4 60,656.0 78,805.3 5,871.8 9,218.7 7,504.7 8,498.2 ii) Minor Irrigation 7,622.2 10,614.8 10,614.8 12,972.9 5,571.5 7,964.8 7,566.8 9,060.7 iii) Flood Control and Drainage - - - 200.0 4,855.5 5,310.0 5,310.0 5,142.0

5. Energy 6,54,517.0 5,80,910.5 7,64,658.7 5,37,658.5 3,41,036.5 3,16,164.8 3,18,164.8 3,22,911.6

of which: Power 6,49,037.0 5,68,260.4 7,56,983.5 5,30,832.4 3,39,479.0 3,09,607.7 3,09,607.7 3,16,927.8

6. Industry and Minerals (i to iii) 1,10,838.5 1,60,504.2 1,68,996.5 2,41,085.5 7,884.6 22,942.8 22,940.0 25,075.7 i) Village and Small Industries 22,438.5 26,824.3 26,551.5 42,820.3 3,142.9 6,828.7 6,825.8 7,330.9 ii) Industries@ 88,400.1 1,33,679.9 1,42,444.9 1,98,265.2 4,315.5 15,464.1 15,464.1 17,094.8 iii) Others** - - - - 426.2 650.0 650.0 650.0 213State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item CHHATTISGARH GOA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 1,78,332.8 1,05,229.9 1,10,483.7 1,58,580.5 33,940.1 63,381.8 63,881.9 60,276.4 i) Roads and Bridges 1,72,642.7 85,699.0 97,802.7 1,27,580.4 9,166.4 30,954.3 30,954.3 23,969.3 ii) Others @@ 5,690.1 19,530.9 12,681.0 31,000.1 24,773.8 32,427.5 32,927.6 36,307.1

8. Science, Technology and Environment 1,251.4 2,080.0 2,080.0 3,280.0 5,459.0 9,807.5 9,807.6 12,412.0

9. General Economic Services (i to iv) 12,320.2 20,443.8 20,285.4 20,860.1 17,717.5 20,440.3 28,297.4 28,812.3 i) Secretariat– Economic Services 2,650.3 4,142.5 4,600.1 4,495.8 338.5 376.5 376.5 645.5 ii) Tourism 5,557.8 9,819.4 9,819.4 9,491.5 13,282.5 13,985.0 21,742.1 20,865.9 iii) Civil Supplies - - - - 1,365.2 1,893.8 1,893.8 2,272.9 iv) Others + 4,112.2 6,481.9 5,865.8 6,872.8 2,731.3 4,185.0 4,285.0 5,027.9 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 26,24,001.1 28,77,636.1 28,83,656.4 33,77,779.0 5,83,301.2 7,24,217.3 7,28,185.9 7,35,340.7 A. Organs of State 1,05,595.3 1,29,431.0 1,30,137.9 1,24,291.9 23,222.3 35,272.6 37,483.6 30,883.4 B. Fiscal Services (i + ii) 1,73,000.9 2,24,833.0 2,16,461.1 2,44,027.5 11,492.8 15,964.3 15,964.4 16,116.1 i) Collection of Taxes and Duties 1,73,000.9 2,24,833.0 2,16,461.1 2,44,027.5 10,870.9 14,899.3 14,899.4 14,961.1 ii) Other Fiscal Services - - - - 621.9 1,065.0 1,065.0 1,155.0 C. Interest Payments and Servicing of Debt (1 + 2) 7,21,333.7 8,41,100.5 9,49,524.0 9,61,506.4 1,91,928.2 2,09,035.0 2,09,035.0 2,34,760.5

1. Appropriation for Reduction or Avoidance of Debt 41,500.0 48,000.0 48,000.0 10,000.0 3,000.0 4,000.0 4,000.0 5,000.0

2. Interest Payments (i to iv) 6,79,833.7 7,93,100.5 9,01,524.0 9,51,506.4 1,88,928.2 2,05,035.0 2,05,035.0 2,29,760.5 i) Interest on Loans from the Centre 25,955.2 20,630.8 20,630.8 22,281.3 1,361.0 5,010.0 5,010.0 5,010.0 ii) Interest on Internal Debt 5,06,848.1 6,12,723.1 7,21,146.6 8,10,152.5 1,62,325.9 1,71,557.5 1,71,557.5 1,94,387.5

of which:

(a) Interest on Market Loans 4,47,108.0 5,38,292.0 6,46,715.5 7,33,456.5 1,38,227.4 1,46,000.0 1,46,000.0 1,46,000.0

(b) Interest on NSSF 28,419.7 35,000.0 35,000.0 35,000.0 14,541.4 16,000.0 16,000.0 16,000.0 iii) Interest on Small Savings, State Provident Funds, etc. 70,742.9 74,261.2 74,261.2 79,772.1 16,676.5 18,220.0 18,220.0 18,220.0 iv) Others 76,287.6 85,485.4 85,485.4 39,300.5 8,564.8 10,247.5 10,247.5 12,143.0 D. Administrative Services (i to v) 7,11,819.9 9,03,472.6 8,08,698.3 9,59,504.3 1,23,988.8 1,79,048.1 1,80,413.6 1,89,575.1 i) Secretariat– General Services 48,361.9 37,348.9 39,688.7 48,035.6 7,230.9 9,744.1 9,744.1 11,319.4 ii) District Administration 39,271.2 50,570.3 41,532.7 47,634.2 9,776.0 9,742.1 9,742.1 9,674.5 iii) Police 5,17,255.1 6,72,395.1 5,92,706.7 7,01,536.7 73,409.7 86,788.2 88,088.5 99,986.0 iv) Public Works 53,582.1 62,053.5 56,999.1 74,000.6 14,897.2 45,298.8 45,298.8 37,103.9 v) Others ++ 53,349.6 81,104.7 77,771.2 88,297.2 18,675.0 27,474.9 27,540.0 31,491.4 E. Pensions 9,11,182.2 7,73,703.2 7,73,739.3 10,33,353.0 2,30,239.1 2,81,356.9 2,81,148.9 2,58,032.4 F. Miscellaneous General Services 1,069.2 5,095.8 5,095.8 55,095.9 2,430.0 3,540.4 4,140.4 5,973.1

of which:

Payment on account of State Lotteries - - - - 154.9 606.4 606.4 471.3 III. Grants-in-Aid and Contributions 1,29,757.2 1,35,731.9 1,35,732.0 1,35,850.9 - - - -

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 1,29,757.2 1,35,731.9 1,35,732.0 1,35,850.9 - - - - 214Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item GUJARAT HARYANA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 1,89,28,570.1 2,19,83,189.0 2,10,18,122.0 2,31,85,788.0 1,13,19,570.3 1,34,45,636.3 1,30,47,207.7 1,48,41,659.7 I. DEVELOPMENTAL EXPENDITURE (A + B) 1,22,02,546.0 1,38,57,102.0 1,36,18,648.0 1,48,40,145.0 67,79,743.9 82,61,915.5 78,93,827.4 92,21,257.1 A. Social Services (1 to 12) 78,68,589.0 87,50,835.0 90,06,277.0 96,72,687.0 43,77,752.7 53,43,661.1 51,34,758.3 61,50,181.3

1. Education, Sports, Art and Culture 34,40,589.0 40,08,232.0 39,07,961.0 42,71,364.0 16,81,661.1 19,97,623.1 19,25,074.2 20,47,638.5

2. Medical and Public Health 9,46,571.0 9,63,540.0 10,74,359.0 11,59,478.0 5,78,809.5 7,89,912.5 7,32,896.9 8,05,432.9

3. Family Welfare 4,41,239.0 5,85,192.0 5,94,206.0 6,24,020.0 29,832.9 36,365.0 41,336.6 36,475.0

4. Water Supply and Sanitation 89,446.0 1,08,140.0 1,31,938.0 1,39,350.0 2,70,876.4 2,42,648.1 2,53,163.4 2,64,727.0

5. Housing 3,33,192.0 2,55,734.0 2,71,047.0 3,59,434.0 41,871.9 42,970.0 70,597.1 2,52,299.0

6. Urban Development 7,11,343.0 8,18,214.0 8,31,231.0 9,38,938.0 3,30,017.8 5,61,904.2 3,69,184.2 5,40,432.7

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 5,71,103.0 6,77,829.0 6,20,412.0 7,00,331.0 62,611.7 85,234.5 70,614.3 79,543.8

8. Labour and Labour Welfare 1,32,244.0 1,83,171.0 1,48,975.0 1,83,571.0 86,643.6 1,17,505.4 97,240.1 1,24,488.4

9. Social Security and Welfare 4,74,437.0 5,03,134.0 5,09,673.0 5,93,403.0 11,43,817.5 13,14,892.2 14,24,181.8 18,35,354.1

10. Nutrition 5,19,866.0 5,34,317.0 5,65,103.0 6,42,014.0 40,256.9 52,292.2 57,654.9 54,590.7

11. Relief on account of Natural Calamities 1,74,675.0 66,563.0 3,08,393.0 18,354.0 76,632.0 58,514.7 52,938.6 65,533.9

12. Others* 33,884.0 46,769.0 42,979.0 42,430.0 34,721.3 43,799.3 39,876.3 43,665.3 B. Economic Services (1 to 9) 43,33,957.0 51,06,267.0 46,12,371.0 51,67,458.0 24,01,991.2 29,18,254.4 27,59,069.1 30,71,075.8

1. Agriculture and Allied Activities (i to xii) 8,89,211.0 10,31,396.0 9,42,516.0 12,24,108.0 4,90,965.4 7,07,432.5 6,20,450.8 8,65,865.6 i) Crop Husbandry 3,53,217.0 4,29,829.0 3,66,758.0 5,49,514.0 1,72,179.9 3,18,679.7 3,07,596.1 3,56,312.4 ii) Soil and Water Conservation 1,154.0 1,201.0 1,181.0 1,187.0 14,546.0 19,821.5 18,234.3 24,859.1 iii) Animal Husbandry 1,30,297.0 1,66,397.0 1,59,493.0 1,75,989.0 83,781.2 1,42,245.0 1,16,424.7 1,73,110.9 iv) Dairy Development 7,598.0 7,112.0 7,087.0 7,942.0 38.9 67.0 42.0 42.0 v) Fisheries 45,346.0 69,630.0 50,004.0 1,15,113.0 13,055.2 23,534.1 8,690.6 21,476.0 vi) Forestry and Wild Life 76,308.0 94,305.0 81,535.0 1,02,078.0 37,298.1 57,088.8 48,090.1 63,106.9 vii) Plantations - - - - - - - - viii) Food Storage and Warehousing 15,299.0 18,656.0 20,047.0 18,236.0 98,521.5 74,901.4 72,856.8 1,60,415.0 ix) Agricultural Research and Education 85,002.0 90,548.0 86,926.0 98,930.0 - 2.0 - 2.0 x) Agricultural Finance Institutions - - - - - - - - xi) Co-operation 1,72,322.0 1,52,794.0 1,68,832.0 1,54,382.0 71,385.4 70,855.1 48,324.0 66,306.3 xii) Other Agricultural Programmes 2,668.0 924.0 653.0 737.0 159.3 238.0 192.2 235.0

2. Rural Development 4,65,660.0 7,01,485.0 6,54,655.0 6,97,079.0 3,65,812.6 6,61,956.4 4,96,493.2 6,63,878.2

3. Special Area Programmes 11,097.0 4,242.0 3,213.0 4,797.0 - - - -

4. Irrigation and Flood Control 2,31,319.0 4,25,657.0 3,55,304.0 3,39,270.0 2,61,501.9 3,07,172.6 2,51,775.8 2,95,781.6

of which: i) Major and Medium Irrigation 42,072.0 56,555.0 89,799.0 89,212.0 1,94,393.3 2,24,578.6 2,07,491.3 2,23,687.1 ii) Minor Irrigation 1,82,832.0 3,59,811.0 2,56,661.0 2,31,521.0 645.1 842.0 716.5 844.5 iii) Flood Control and Drainage 5,239.0 7,606.0 7,084.0 16,437.0 - - - -

5. Energy 10,85,356.0 14,41,260.0 11,32,011.0 12,79,361.0 7,95,307.2 6,77,236.0 8,10,455.9 6,21,541.0

of which: Power 10,34,485.0 13,33,851.0 10,01,701.0 11,77,027.0 7,14,484.8 6,35,016.0 6,57,333.0 5,60,316.0

6. Industry and Minerals (i to iii) 7,53,008.0 7,21,787.0 8,58,763.0 8,84,139.0 79,728.7 1,34,336.0 1,04,724.9 1,90,443.6 i) Village and Small Industries 1,98,909.0 2,14,887.0 1,99,510.0 2,35,212.0 58,470.6 70,641.2 74,312.7 1,38,890.5 ii) Industries@ 5,47,099.0 5,01,900.0 6,54,253.0 6,48,927.0 21,258.1 63,694.8 30,412.2 51,553.1 iii) Others** 7,000.0 5,000.0 5,000.0 - - - - 215State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item GUJARAT HARYANA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 5,83,500.0 3,26,499.0 3,19,574.0 3,29,174.0 3,92,915.1 4,07,185.2 4,59,298.2 4,13,061.5 i) Roads and Bridges 4,55,291.0 1,96,536.0 2,08,012.0 2,04,560.0 1,34,626.4 1,13,391.0 1,65,752.0 1,15,991.0 ii) Others @@ 1,28,209.0 1,29,963.0 1,11,562.0 1,24,614.0 2,58,288.8 2,93,794.2 2,93,546.2 2,97,070.5

8. Science, Technology and Environment 87,129.0 1,38,582.0 45,868.0 54,900.0 3,756.8 7,994.4 3,306.5 4,287.2

9. General Economic Services (i to iv) 2,27,677.0 3,15,359.0 3,00,467.0 3,54,630.0 12,003.6 14,941.4 12,563.9 16,217.1 i) Secretariat– Economic Services 17,987.0 17,571.0 16,052.0 18,617.0 3,538.7 4,382.6 3,981.9 4,799.0 ii) Tourism 24,813.0 36,150.0 30,255.0 62,139.0 5,380.1 5,694.0 4,625.0 6,610.5 iii) Civil Supplies 1,68,454.0 2,42,238.0 2,41,532.0 2,40,579.0 23.5 33.0 26.3 32.0 iv) Others + 16,423.0 19,400.0 12,628.0 33,295.0 3,061.2 4,831.8 3,930.7 4,775.6 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 66,70,490.1 80,59,291.0 73,18,377.0 82,60,427.0 45,39,826.4 51,83,720.8 51,53,380.3 56,20,402.6 A. Organs of State 1,93,566.0 2,60,241.0 3,06,305.0 2,38,023.0 1,66,301.5 1,88,893.2 1,82,778.4 2,01,391.3 B. Fiscal Services (i + ii) 1,04,984.0 1,46,612.0 1,08,258.0 1,26,839.0 76,209.5 82,338.6 72,526.6 1,00,517.2 i) Collection of Taxes and Duties 1,04,984.0 1,46,612.0 1,08,258.0 1,26,839.0 76,055.6 82,136.6 72,350.6 1,00,306.2 ii) Other Fiscal Services - - - - 153.9 202.0 176.0 211.0 C. Interest Payments and Servicing of Debt (1 + 2) 29,17,563.1 31,95,356.0 30,70,696.0 33,20,071.0 21,90,497.3 25,44,170.3 24,99,258.8 26,53,110.9

1. Appropriation for Reduction or Avoidance of Debt 2,00,000.0 2,00,000.0 2,00,000.0 2,00,000.0 30,000.0 30,000.0 30,000.0 30,000.0

2. Interest Payments (i to iv) 27,17,563.1 29,95,356.0 28,70,696.0 31,20,071.0 21,60,497.3 25,14,170.3 24,69,258.8 26,23,110.9 i) Interest on Loans from the Centre 51,039.3 54,168.0 57,889.0 76,901.0 10,892.1 6,575.0 9,275.0 7,660.0 ii) Interest on Internal Debt 24,52,582.4 26,94,922.0 25,44,135.0 27,17,873.0 19,62,646.2 22,90,811.2 22,44,120.2 23,91,436.5

of which:

(a) Interest on Market Loans 21,30,534.6 23,73,624.0 22,43,878.0 23,95,476.0 16,91,390.0 20,37,500.0 19,75,000.0 22,11,000.0

(b) Interest on NSSF 2,39,040.3 2,03,817.0 2,03,817.0 1,68,597.0 61,019.1 52,772.0 52,772.1 41,627.2 iii) Interest on Small Savings, State Provident Funds, etc. 71,706.7 1,05,319.0 1,04,306.0 1,07,442.0 1,29,556.5 1,52,400.0 1,43,400.0 1,53,450.0 iv) Others 1,42,234.8 1,40,947.0 1,64,366.0 2,17,855.0 57,402.6 64,384.1 72,463.5 70,564.4 D. Administrative Services (i to v) 10,05,340.0 11,84,065.0 11,44,391.0 12,36,391.0 7,57,060.3 8,33,199.6 8,67,483.9 9,80,745.8 i) Secretariat– General Services 33,457.0 47,364.0 44,841.0 59,542.0 29,602.4 38,667.9 34,850.2 46,685.7 ii) District Administration 64,053.0 98,295.0 73,215.0 79,589.0 32,104.6 37,738.4 56,176.3 56,638.3 iii) Police 7,07,093.0 7,81,141.0 7,82,028.0 8,53,832.0 5,80,430.4 6,23,404.6 6,57,826.1 7,38,768.3 iv) Public Works 43,703.0 70,001.0 64,916.0 47,561.0 23,903.8 19,346.4 23,566.4 18,193.0 v) Others ++ 1,57,034.0 1,87,264.0 1,79,391.0 1,95,867.0 91,019.2 1,14,042.3 95,065.0 1,20,460.7 E. Pensions 24,37,135.0 26,42,360.0 26,71,082.0 29,15,791.0 13,49,670.2 15,00,003.0 15,00,001.5 16,49,501.5 F. Miscellaneous General Services 11,902.0 6,30,657.0 17,645.0 4,23,312.0 87.5 35,116.2 31,331.2 35,135.8

of which:

Payment on account of State Lotteries - - - - - - - - III. Grants-in-Aid and Contributions 55,534.0 66,796.0 81,097.0 85,216.0 - - - -

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 55,534.0 66,796.0 81,097.0 85,216.0 - - - - 216Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item HIMACHAL PRADESH JAMMU AND KASHMIR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 44,73,163.1 46,66,662.9 50,20,016.3 48,73,304.1 66,62,146.7 81,48,549.7 83,57,966.1 79,70,308.9 I. DEVELOPMENTAL EXPENDITURE (A + B) 25,58,520.2 26,67,650.8 29,41,154.5 26,72,845.1 34,62,326.4 46,05,039.1 45,26,583.7 46,57,449.2 A. Social Services (1 to 12) 17,32,292.2 18,40,483.5 19,24,342.8 18,38,685.4 22,53,717.0 28,29,661.3 27,95,191.1 28,93,181.9

1. Education, Sports, Art and Culture 8,09,999.4 9,53,921.7 9,23,750.1 9,78,662.2 12,05,955.1 14,48,877.9 13,80,211.5 13,50,057.6

2. Medical and Public Health 2,42,882.1 2,52,709.3 2,57,974.1 2,30,777.0 4,48,424.3 5,73,730.7 5,68,427.4 6,14,505.9

3. Family Welfare 47,689.8 69,637.4 67,360.8 68,920.4 43,062.4 92,162.9 89,407.5 91,814.8

4. Water Supply and Sanitation 1,30,364.1 1,31,382.8 1,20,672.2 1,22,625.0 1,69,487.2 1,78,924.9 1,76,851.6 1,78,438.9

5. Housing 17,117.6 25,542.6 1,04,200.7 23,921.8 7,239.6 12,218.6 13,729.1 13,921.4

6. Urban Development 96,404.1 58,004.2 72,339.0 61,957.0 1,18,281.8 1,25,419.3 1,34,353.8 1,29,956.8

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 5,316.8 7,124.1 6,834.7 4,896.0 4,929.8 19,663.9 21,279.2 17,250.0

8. Labour and Labour Welfare 33,662.0 26,464.3 35,821.6 21,520.4 5,315.8 7,959.3 6,096.7 6,418.7

9. Social Security and Welfare 2,06,357.9 2,41,476.2 2,42,903.1 2,51,840.9 1,35,332.0 2,36,330.2 2,51,009.2 3,25,409.3

10. Nutrition 6,050.0 7,901.0 11,769.9 7,900.0 69,388.8 84,233.9 1,04,272.9 1,10,397.5

11. Relief on account of Natural Calamities 1,28,350.1 52,500.1 71,157.9 55,200.1 31,072.2 31,079.2 31,082.3 34,285.2

12. Others* 8,098.4 13,819.9 9,558.7 10,464.6 15,228.3 19,060.5 18,470.0 20,726.2 B. Economic Services (1 to 9) 8,26,228.0 8,27,167.3 10,16,811.7 8,34,159.6 12,08,609.3 17,75,377.8 17,31,392.6 17,64,267.3

1. Agriculture and Allied Activities (i to xii) 2,54,530.1 2,71,825.8 2,88,933.8 2,59,829.1 3,33,587.8 3,93,564.1 4,01,184.6 4,01,610.0 i) Crop Husbandry 68,082.7 77,547.5 80,695.4 68,159.7 67,618.9 81,096.4 88,304.7 89,071.3 ii) Soil and Water Conservation 6,167.4 9,993.1 9,611.5 6,354.2 5,567.8 6,461.8 5,848.8 6,127.9 iii) Animal Husbandry 45,930.3 48,311.5 48,939.3 47,619.7 61,208.4 72,798.2 70,269.6 72,668.3 iv) Dairy Development 10,864.7 3,824.7 4,009.2 6,430.1 - - - - v) Fisheries 2,308.2 2,911.4 4,015.4 2,642.8 10,762.3 15,072.0 14,249.4 14,274.9 vi) Forestry and Wild Life 65,305.2 78,644.2 82,046.4 70,658.5 1,19,425.5 1,44,349.8 1,38,002.6 1,34,667.0 vii) Plantations 114.2 109.6 90.3 102.9 - - - - viii) Food Storage and Warehousing 23,182.3 19,527.7 27,664.0 26,512.1 17,812.4 22,064.2 21,949.9 24,061.2 ix) Agricultural Research and Education 27,828.7 25,647.7 26,868.8 25,551.7 40,941.2 41,671.2 51,100.0 51,100.0 x) Agricultural Finance Institutions - - - - - - - - xi) Co-operation 4,746.3 5,305.5 4,993.7 5,797.6 7,764.8 7,369.1 8,698.1 6,942.0 xii) Other Agricultural Programmes - 3.0 - - 2,486.4 2,681.2 2,761.7 2,697.4

2. Rural Development 1,28,254.5 2,12,305.1 2,33,946.3 2,10,542.4 59,753.5 92,742.1 81,305.0 97,619.2

3. Special Area Programmes - - - - - - - -

4. Irrigation and Flood Control 44,974.9 49,507.7 42,786.9 45,179.4 61,718.7 67,433.0 66,222.0 65,607.3

of which: i) Major and Medium Irrigation 3,077.4 2,451.5 2,260.7 2,366.5 7,362.2 8,609.2 8,459.8 7,987.0 ii) Minor Irrigation 41,671.2 46,834.0 40,334.6 42,594.0 40,349.5 43,717.1 42,814.6 42,811.9 iii) Flood Control and Drainage 226.4 222.2 191.6 218.9 11,246.6 12,419.2 12,208.0 12,079.4

5. Energy 1,15,143.2 51,968.4 1,93,775.1 80,838.4 6,29,091.9 10,79,971.3 10,44,300.1 10,45,590.7

of which: Power 1,14,823.2 51,684.5 1,93,571.9 80,682.7 6,29,091.9 10,79,971.3 10,44,300.1 10,45,590.7

6. Industry and Minerals (i to iii) 19,534.0 17,944.1 16,508.0 9,878.6 38,257.7 53,028.6 53,095.9 64,377.8 i) Village and Small Industries 16,962.4 14,927.2 13,402.1 7,709.4 32,174.9 45,013.1 45,298.3 57,627.0 ii) Industries@ 2,571.6 3,016.9 3,105.9 2,169.2 6,082.8 8,015.6 7,797.6 6,750.9 iii) Others** - - - - - - - - 217State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item HIMACHAL PRADESH JAMMU AND KASHMIR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 2,45,312.1 2,11,616.5 2,20,115.0 2,08,491.2 45,213.9 34,857.8 33,078.1 34,931.0 i) Roads and Bridges 1,69,690.0 1,77,675.8 1,49,291.0 1,72,279.9 45,213.9 34,857.8 33,078.1 34,931.0 ii) Others @@ 75,622.1 33,940.7 70,824.0 36,211.3 - - - -

8. Science, Technology and Environment 843.8 1,420.0 1,172.1 576.0 5,063.2 5,397.0 5,730.9 5,818.3

9. General Economic Services (i to iv) 17,635.4 10,579.7 19,574.5 18,824.6 35,922.7 48,383.9 46,476.0 48,713.2 i) Secretariat– Economic Services 3,199.5 4,944.8 3,806.7 3,402.3 9,751.4 10,744.4 11,410.5 11,611.0 ii) Tourism 1,929.9 2,182.0 11,610.0 2,020.4 16,211.1 24,245.6 23,206.5 24,400.1 iii) Civil Supplies 1,672.4 1,865.9 2,069.8 1,848.6 - - - - iv) Others + 10,833.6 1,587.1 2,088.0 11,553.4 9,960.2 13,394.0 11,859.0 12,702.1 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 19,14,642.9 19,97,948.8 20,78,861.8 21,99,395.7 31,99,820.3 35,43,510.6 38,31,382.4 33,12,859.6 A. Organs of State 42,472.6 47,357.1 57,262.3 42,844.0 54,251.2 1,16,628.0 1,22,469.3 91,843.8 B. Fiscal Services (i + ii) 37,385.8 51,617.6 54,362.2 51,876.0 46,374.2 72,223.9 72,991.6 74,424.5 i) Collection of Taxes and Duties 37,269.1 51,489.7 54,241.0 51,746.3 46,274.3 69,813.8 70,379.6 71,822.5 ii) Other Fiscal Services 116.7 128.0 121.2 129.7 99.9 2,410.1 2,612.0 2,602.0 C. Interest Payments and Servicing of Debt (1 + 2) 5,64,836.6 6,25,536.2 6,26,509.2 6,73,885.0 9,99,747.0 10,34,416.6 10,34,417.0 11,59,034.6

1. Appropriation for Reduction or Avoidance of Debt - 2.0 - 0.0 7,251.0 7,251.0 7,251.0 7,251.0

2. Interest Payments (i to iv) 5,64,836.6 6,25,534.2 6,26,509.2 6,73,885.0 9,92,496.0 10,27,165.6 10,27,166.0 11,51,783.6 i) Interest on Loans from the Centre 8,087.8 7,185.9 8,384.6 7,701.4 3,686.8 2,731.0 2,731.0 1,774.0 ii) Interest on Internal Debt 4,22,929.2 4,79,598.3 4,72,197.7 5,15,083.6 7,61,305.2 8,23,808.0 8,73,429.0 9,57,431.0

of which:

(a) Interest on Market Loans 3,48,434.0 4,12,623.3 4,01,960.2 4,53,287.6 4,37,146.6 5,13,263.0 5,62,424.0 6,52,550.0

(b) Interest on NSSF 36,348.7 30,899.7 30,899.7 25,523.1 53,743.6 46,491.0 46,728.0 39,749.0 iii) Interest on Small Savings, State Provident Funds, etc. 1,28,416.2 1,33,250.0 1,38,250.0 1,43,500.0 1,88,682.8 1,81,797.6 1,21,396.0 1,81,797.6 iv) Others 5,403.3 5,500.0 7,676.9 7,600.0 38,821.3 18,829.0 29,610.0 10,781.0 D. Administrative Services (i to v) 2,62,001.9 2,75,001.8 2,65,298.5 2,70,923.2 10,69,415.1 9,11,415.0 8,22,002.2 4,54,511.4 i) Secretariat– General Services 9,920.2 11,264.7 10,313.2 9,705.4 15,041.1 16,468.3 17,504.5 18,274.3 ii) District Administration 22,476.8 26,430.0 28,358.1 27,292.4 57,849.5 71,008.6 68,365.1 70,970.9 iii) Police 1,51,527.0 1,64,902.9 1,56,458.9 1,63,550.9 8,39,648.5 6,43,713.1 5,76,265.7 2,24,849.4 iv) Public Works 37,827.8 37,762.3 33,558.7 36,086.9 73,320.1 86,376.5 85,655.0 87,214.7 v) Others ++ 40,250.1 34,641.9 36,609.7 34,287.7 83,555.9 93,848.6 74,211.9 53,202.2 E. Pensions 10,05,584.8 9,96,110.0 10,72,443.6 11,57,742.7 10,29,800.3 14,05,807.7 17,74,182.9 15,30,025.9 F. Miscellaneous General Services 2,361.2 2,326.1 2,986.1 2,124.8 232.5 3,019.5 5,319.5 3,019.5

of which:

Payment on account of State Lotteries - - - - - - - - III. Grants-in-Aid and Contributions - 1,063.3 - 1,063.3 - - - -

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions - 1,063.3 - 1,063.3 - - - - 218Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item JHARKHAND KARNATAKA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 76,67,643.2 91,83,154.3 98,47,421.8 1,10,63,669.5 2,42,61,443.4 2,90,53,135.2 2,83,92,776.2 3,11,73,873.3 I. DEVELOPMENTAL EXPENDITURE (A + B) 51,08,609.0 64,47,671.8 69,75,440.9 82,64,728.7 1,60,68,575.6 1,87,83,889.3 1,86,30,904.9 1,96,24,829.6 A. Social Services (1 to 12) 28,70,870.7 36,47,816.0 43,19,020.8 54,37,655.4 93,72,340.3 1,16,63,982.6 1,15,13,209.7 1,20,43,394.4

1. Education, Sports, Art and Culture 11,82,661.9 13,71,173.8 14,25,624.5 16,91,812.6 32,72,535.5 39,32,740.4 35,36,456.7 39,29,616.4

2. Medical and Public Health 4,87,000.0 6,30,596.7 6,07,922.5 6,44,791.9 11,22,582.7 14,00,037.5 12,83,049.8 15,48,724.2

3. Family Welfare 546.9 635.8 642.9 812.9 1,01,203.7 1,04,631.7 1,10,038.4 1,10,038.4

4. Water Supply and Sanitation 29,786.9 51,567.2 52,548.8 57,870.0 49,533.9 86,175.2 75,660.2 96,904.3

5. Housing 5,304.3 12,000.0 7,800.0 11,500.0 2,35,382.8 2,57,619.9 2,78,123.9 2,86,340.8

6. Urban Development 1,23,151.0 2,37,169.8 1,53,062.9 2,66,549.3 1,87,394.9 1,27,977.4 1,34,282.6 58,852.0

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 2,03,240.1 2,64,374.3 2,32,693.0 2,56,275.3 8,85,091.8 10,12,328.0 10,33,968.2 11,49,408.1

8. Labour and Labour Welfare 82,667.2 92,543.0 94,313.9 98,331.4 78,514.3 1,79,086.8 1,29,309.0 2,10,513.8

9. Social Security and Welfare 5,48,185.2 6,95,044.3 14,43,752.1 20,93,778.1 30,01,833.3 42,12,493.8 42,19,706.2 42,96,989.3

10. Nutrition 68,527.8 92,106.0 89,106.0 92,634.2 2,65,841.5 1,83,000.0 1,83,000.0 1,84,278.3

11. Relief on account of Natural Calamities 1,01,263.5 1,62,615.6 1,66,275.6 1,83,627.1 1,23,125.6 1,22,732.6 4,68,204.7 1,28,948.8

12. Others* 38,535.8 37,989.6 45,278.6 39,672.7 49,300.4 45,159.4 61,409.9 42,780.1 B. Economic Services (1 to 9) 22,37,738.3 27,99,855.8 26,56,420.1 28,27,073.3 66,96,235.3 71,19,906.7 71,17,695.3 75,81,435.2

1. Agriculture and Allied Activities (i to xii) 2,83,944.1 5,06,554.2 4,62,160.6 5,05,918.3 18,26,931.2 22,52,433.2 22,37,787.8 21,85,258.8 i) Crop Husbandry 75,352.9 2,06,345.5 1,67,343.2 1,67,245.7 3,83,400.6 4,60,760.2 4,53,237.9 5,02,785.1 ii) Soil and Water Conservation 1,541.9 1,920.7 1,950.2 1,857.4 41,424.6 36,031.9 34,824.7 8,002.9 iii) Animal Husbandry 26,124.6 49,679.5 42,139.0 59,204.0 1,41,587.4 1,65,368.2 1,54,270.3 1,56,128.3 iv) Dairy Development 29,219.6 40,690.4 31,233.8 40,647.6 1,18,063.7 1,30,100.0 1,50,100.0 1,70,000.0 v) Fisheries 13,628.0 17,627.3 16,797.3 17,364.1 21,908.6 25,046.1 26,307.5 29,423.0 vi) Forestry and Wild Life 91,315.1 1,34,523.7 1,23,051.5 1,34,263.9 1,43,118.9 1,69,266.1 1,54,601.0 1,85,965.7 vii) Plantations - - - - viii) Food Storage and Warehousing - - - - 7,35,377.8 9,95,743.0 9,97,002.7 8,39,650.8 ix) Agricultural Research and Education 29,404.8 30,352.7 30,131.3 30,934.8 81,170.2 79,619.6 81,215.1 85,641.0 x) Agricultural Finance Institutions - - - - xi) Co-operation 17,022.3 25,180.7 49,280.7 54,154.8 1,60,879.5 1,90,498.1 1,86,228.7 2,07,662.0 xii) Other Agricultural Programmes 334.9 233.6 233.6 246.2

2. Rural Development 6,72,161.8 13,44,117.2 10,77,962.8 11,77,776.4 9,75,981.0 10,18,994.8 10,31,787.8 10,99,438.7

3. Special Area Programmes - - - - 1,169.3 1,283.7 1,351.1 1,409.4

4. Irrigation and Flood Control 39,689.7 47,843.9 45,162.4 49,637.5 1,85,487.2 1,73,860.4 1,73,860.4 1,58,420.3

of which: i) Major and Medium Irrigation 32,227.0 38,922.9 36,441.5 39,978.0 1,39,099.1 1,30,124.6 1,29,829.2 1,12,271.2 ii) Minor Irrigation 7,462.7 8,900.9 8,700.9 9,639.5 41,235.1 38,397.3 38,402.5 39,893.3 iii) Flood Control and Drainage - 20.0 20.0 20.0 225.1

5. Energy 9,54,929.7 4,70,864.0 7,04,603.0 6,65,514.0 23,79,515.5 22,49,999.9 22,49,366.7 26,15,322.4

of which: Power 8,99,550.2 4,32,864.0 6,66,603.0 6,24,014.0 23,78,015.5 22,44,999.9 22,44,366.7 26,12,822.4

6. Industry and Minerals (i to iii) 32,933.8 53,682.1 49,432.6 50,828.9 1,48,628.5 1,82,613.0 1,83,373.0 1,87,774.6 i) Village and Small Industries 9,566.1 13,578.9 13,364.4 12,064.6 1,15,346.5 1,37,158.8 1,37,007.3 1,36,476.6 ii) Industries@ 23,367.7 40,103.2 36,068.2 38,764.3 33,282.0 45,454.3 46,365.7 51,297.9 iii) Others** - - - - 219State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item JHARKHAND KARNATAKA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 59,779.4 78,640.5 73,963.0 77,368.8 6,36,219.6 7,95,857.5 7,96,179.1 8,32,274.6 i) Roads and Bridges 47,763.6 58,941.3 58,956.8 59,160.8 2,22,946.6 1,95,684.1 1,98,585.6 1,99,741.8 ii) Others @@ 12,015.8 19,699.2 15,006.2 18,208.0 4,13,272.9 6,00,173.4 5,97,593.6 6,32,532.8

8. Science, Technology and Environment - - - - 7,758.8 7,567.1 7,641.9 7,302.4

9. General Economic Services (i to iv) 1,94,299.8 2,98,154.0 2,43,135.8 3,00,029.4 5,34,544.3 4,37,297.2 4,36,347.5 4,94,234.1 i) Secretariat– Economic Services 7,139.3 8,243.3 15,706.0 8,793.7 40,449.7 94,143.0 90,860.3 1,28,633.5 ii) Tourism 8,415.0 7,694.8 5,827.1 8,890.2 8,937.7 10,288.8 9,948.2 11,459.2 iii) Civil Supplies 1,76,632.6 2,79,013.0 2,18,519.8 2,79,281.1 4,417.5 5,059.8 5,535.7 5,220.5 iv) Others + 2,112.9 3,202.9 3,082.9 3,064.4 4,80,739.4 3,27,805.6 3,30,003.2 3,48,920.9 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 25,59,034.3 27,35,472.5 28,71,970.9 27,98,925.8 75,69,958.3 95,85,892.2 90,73,276.6 1,09,10,499.0 A. Organs of State 1,12,968.8 1,85,602.9 2,19,936.4 1,39,345.8 3,03,383.9 3,28,368.8 3,42,853.9 3,27,443.3 B. Fiscal Services (i + ii) 58,782.3 73,383.9 76,709.6 77,700.1 2,86,122.4 2,86,468.1 3,36,330.3 3,36,166.2 i) Collection of Taxes and Duties 58,567.5 73,383.9 76,709.6 77,700.1 2,84,729.9 2,84,886.3 3,34,422.0 3,34,384.6 ii) Other Fiscal Services 214.8 - - - 1,392.6 1,581.8 1,908.2 1,781.6 C. Interest Payments and Servicing of Debt (1 + 2) 7,40,595.2 7,64,657.5 7,74,437.8 6,99,279.3 32,82,631.8 41,23,353.7 38,63,353.9 48,60,024.2

1. Appropriation for Reduction or Avoidance of Debt 56,700.0 59,200.0 59,200.0 63,813.0 2,00,000.0 2,00,000.0 2,00,000.0 3,00,000.0

2. Interest Payments (i to iv) 6,83,895.2 7,05,457.5 7,15,237.8 6,35,466.3 30,82,631.8 39,23,353.7 36,63,353.9 45,60,024.2 i) Interest on Loans from the Centre 26,525.6 39,501.9 39,501.9 34,646.3 84,549.0 47,253.2 84,253.2 86,041.2 ii) Interest on Internal Debt 5,45,300.8 6,08,940.6 6,07,240.6 5,32,200.0 26,39,758.5 34,99,452.5 32,00,095.2 40,68,094.0

of which:

(a) Interest on Market Loans 4,17,448.4 4,70,000.0 4,70,000.0 4,06,800.0 25,00,226.5 33,47,378.0 30,30,114.7 38,94,012.0

(b) Interest on NSSF 50,289.9 44,000.0 44,000.0 37,000.0 1,00,554.9 84,812.0 84,812.0 69,070.0 iii) Interest on Small Savings, State Provident Funds, etc. 26,838.8 35,475.0 46,475.0 47,450.0 3,55,038.6 3,73,254.0 3,73,294.0 4,02,354.0 iv) Others 85,230.0 21,540.0 22,020.3 21,170.0 3,285.7 3,394.0 5,711.5 3,535.0 D. Administrative Services (i to v) 7,47,903.2 8,36,628.9 9,25,687.9 8,64,239.0 11,78,150.4 15,77,307.9 14,91,359.7 15,80,616.4 i) Secretariat– General Services 12,174.2 14,422.8 21,520.1 16,970.0 25,138.2 67,864.0 36,353.3 63,477.4 ii) District Administration 49,409.4 59,512.7 55,568.8 60,098.9 63,964.8 1,11,677.0 87,069.1 1,00,998.1 iii) Police 6,15,449.4 6,78,714.1 7,44,787.2 6,86,229.0 8,47,849.3 11,30,512.2 10,61,399.5 11,01,107.1 iv) Public Works 16,608.1 23,277.8 23,033.2 25,342.0 93,041.0 1,06,610.0 1,06,052.2 1,08,539.5 v) Others ++ 54,262.1 60,701.6 80,778.6 75,599.1 1,48,157.1 1,60,644.7 2,00,485.6 2,06,494.3 E. Pensions 9,01,446.6 8,74,149.3 8,74,149.3 10,17,311.6 24,85,940.1 32,35,544.7 30,04,529.8 37,65,521.5 F. Miscellaneous General Services -2,661.9 1,050.0 1,050.0 1,050.0 33,729.6 34,849.0 34,849.0 40,727.4

of which:

Payment on account of State Lotteries - - - - III. Grants-in-Aid and Contributions - 10.0 10.0 15.0 6,22,909.6 6,83,353.8 6,88,594.8 6,38,544.7

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions - 10.0 10.0 15.0 6,22,909.6 6,83,353.8 6,88,594.8 6,38,544.7 220Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item KERALA MADHYA PRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 1,42,62,633.9 1,66,50,121.1 1,62,12,568.7 1,79,47,619.8 2,21,53,827.3 2,61,64,441.2 2,60,98,310.5 2,90,26,107.2 I. DEVELOPMENTAL EXPENDITURE (A + B) 55,42,011.0 69,64,038.5 64,28,039.1 76,72,778.2 1,50,19,181.7 1,73,97,309.0 1,76,16,667.1 1,90,95,069.6 A. Social Services (1 to 12) 44,00,527.9 52,75,062.5 52,22,272.4 58,43,734.9 93,00,703.9 1,15,00,738.1 1,10,37,136.4 1,21,81,672.4

1. Education, Sports, Art and Culture 21,71,645.6 23,81,159.6 23,22,210.4 25,92,635.9 36,60,386.8 42,63,376.7 40,18,864.1 46,06,999.6

2. Medical and Public Health 8,65,754.3 9,41,428.0 8,81,991.2 10,13,398.5 13,15,036.7 17,91,114.4 17,09,699.3 18,89,111.9

3. Family Welfare 57,099.6 42,449.0 42,938.1 44,624.4 65,370.2 86,118.9 86,118.9 93,399.4

4. Water Supply and Sanitation 11,897.9 44,240.0 22,587.3 41,692.4 1,23,562.2 70,278.9 1,07,336.0 1,60,725.6

5. Housing 9,186.5 7,710.3 8,719.7 8,107.3 3,51,732.3 5,68,188.0 5,47,464.6 6,26,000.3

6. Urban Development 1,05,972.2 1,52,356.3 1,47,926.0 1,90,690.5 3,42,636.4 4,26,448.0 3,94,669.4 3,95,708.1

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 2,49,204.3 2,35,482.2 1,79,769.1 2,28,530.1 4,44,185.3 6,71,979.3 7,16,510.9 7,38,934.8

8. Labour and Labour Welfare 64,630.9 1,05,026.0 66,215.6 1,03,153.1 1,14,095.1 1,64,319.0 1,57,834.0 1,70,447.7

9. Social Security and Welfare 7,94,021.5 12,94,514.7 14,80,737.0 15,46,755.3 24,08,846.9 28,98,704.9 28,98,415.4 29,13,167.6

10. Nutrition 65.2 67.6 75.7 86.7 90,946.2 1,24,200.2 1,35,241.6 1,21,302.7

11. Relief on account of Natural Calamities 53,191.7 48,531.0 48,515.5 51,030.0 2,70,491.5 3,48,960.3 1,79,087.6 3,65,842.9

12. Others* 17,858.2 22,097.9 20,586.8 23,030.7 1,13,414.4 87,049.4 85,894.5 1,00,031.9 B. Economic Services (1 to 9) 11,41,483.1 16,88,976.0 12,05,766.7 18,29,043.3 57,18,477.8 58,96,570.9 65,79,530.7 69,13,397.3

1. Agriculture and Allied Activities (i to xii) 5,92,751.7 7,23,880.4 6,59,584.0 7,70,208.9 13,03,514.4 19,37,679.6 18,13,888.9 21,47,285.4 i) Crop Husbandry 1,06,890.5 1,48,671.3 1,20,358.7 1,53,524.6 7,27,379.7 9,91,718.9 9,65,944.8 10,40,109.8 ii) Soil and Water Conservation 9,851.1 13,656.2 12,747.1 11,200.3 5,198.8 7,159.8 5,776.2 7,779.1 iii) Animal Husbandry 81,967.3 94,817.8 84,479.4 1,02,484.3 1,11,668.5 2,08,715.4 1,64,429.1 2,31,511.9 iv) Dairy Development 12,166.5 16,813.6 12,314.0 17,370.7 - - - 0.0 v) Fisheries 39,170.9 41,882.1 32,385.9 44,934.3 12,147.0 20,489.0 15,582.4 20,255.0 vi) Forestry and Wild Life 64,175.5 73,004.5 65,927.6 80,855.8 1,90,558.6 2,44,153.3 2,37,844.9 2,85,024.4 vii) Plantations 95.1 434.4 224.9 432.3 - - - - viii) Food Storage and Warehousing 1,79,650.7 1,82,317.5 2,03,018.6 1,92,480.0 1,62,054.6 3,46,735.0 3,10,152.5 4,31,927.9 ix) Agricultural Research and Education 43,683.8 50,350.5 43,833.6 51,333.8 17,938.0 22,300.0 22,300.0 27,300.0 x) Agricultural Finance Institutions - - - - - - - - xi) Co-operation 33,585.6 46,383.0 40,720.9 49,995.5 76,569.3 96,408.2 91,859.0 1,03,377.3 xii) Other Agricultural Programmes 21,514.6 55,549.6 43,573.3 65,597.4 - - - -

2. Rural Development 1,51,393.9 5,36,217.2 1,88,751.8 5,94,873.7 9,79,621.3 12,31,577.0 11,81,016.8 10,92,386.8

3. Special Area Programmes 7,140.8 7,300.0 1,800.0 2,500.0 - - - -

4. Irrigation and Flood Control 59,610.7 66,443.7 61,193.6 70,091.9 1,47,370.2 1,76,130.5 1,87,517.2 2,51,805.0

of which: i) Major and Medium Irrigation 29,823.1 30,879.7 30,132.6 33,030.1 1,38,220.2 1,64,152.1 1,75,883.8 2,34,065.6 ii) Minor Irrigation 23,266.5 26,784.1 23,620.8 27,983.9 8,560.1 11,090.5 11,024.3 16,985.2 iii) Flood Control and Drainage 6,521.1 8,779.9 7,440.2 9,077.9 - - - -

5. Energy 83,859.7 9,520.6 57,674.3 10,833.3 26,84,973.6 17,63,448.2 25,67,559.2 25,58,356.7

of which: Power 81,912.4 3,462.0 56,147.0 4,628.8 26,84,151.7 17,60,956.1 25,65,134.9 25,14,172.1

6. Industry and Minerals (i to iii) 48,970.3 79,103.9 51,110.7 89,222.7 3,83,887.2 5,08,955.4 5,68,315.5 5,78,075.9 i) Village and Small Industries 39,016.7 51,929.6 39,229.8 55,254.6 71,037.3 1,14,895.7 1,55,203.3 1,70,180.8 ii) Industries@ 7,106.8 19,824.3 8,980.9 27,228.1 3,12,849.9 3,94,059.7 4,13,112.2 4,07,895.1 iii) Others** 2,846.8 7,350.0 2,900.0 6,740.0 - - - - 221State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item KERALA MADHYA PRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 1,13,832.6 1,67,428.4 1,01,393.7 1,81,383.5 1,76,519.1 2,08,688.0 1,96,488.5 2,08,059.6 i) Roads and Bridges 98,922.6 1,43,295.8 79,215.6 1,55,034.9 1,76,072.2 2,07,328.0 1,95,482.2 2,06,654.6 ii) Others @@ 14,910.0 24,132.6 22,178.1 26,348.6 446.9 1,360.0 1,006.3 1,405.0

8. Science, Technology and Environment 11,611.0 22,426.8 15,196.3 24,057.9 16,448.9 30,209.2 27,526.7 33,150.1

9. General Economic Services (i to iv) 72,312.4 76,655.1 69,062.5 85,871.3 26,143.1 39,883.0 37,218.0 44,277.9 i) Secretariat– Economic Services 24,465.6 21,579.9 21,277.8 25,833.9 3,446.1 6,708.7 6,385.1 7,026.0 ii) Tourism 19,731.8 23,396.2 18,383.1 24,349.0 7,446.9 13,021.2 13,006.4 13,887.2 iii) Civil Supplies 6,568.6 7,130.6 6,480.3 10,201.0 - - - - iv) Others + 21,546.4 24,548.4 22,921.3 25,487.4 15,250.1 20,153.1 17,826.5 23,364.7 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 78,18,516.3 81,65,536.4 84,64,456.5 86,76,793.1 62,82,958.6 75,84,672.1 74,36,196.2 84,29,512.4 A. Organs of State 1,48,335.8 1,63,823.2 2,07,089.3 1,68,718.4 2,67,585.7 3,66,523.7 3,44,879.4 3,36,170.3 B. Fiscal Services (i + ii) 2,29,479.6 2,38,551.9 2,38,263.8 2,62,168.7 4,29,905.7 4,92,138.6 5,10,059.4 5,93,107.2 i) Collection of Taxes and Duties 2,04,973.1 2,14,767.9 2,14,525.7 2,36,851.8 4,29,681.1 4,91,833.8 5,09,790.4 5,92,834.9 ii) Other Fiscal Services 24,506.5 23,784.0 23,738.1 25,316.8 224.6 304.9 269.0 272.3 C. Interest Payments and Servicing of Debt (1 + 2) 27,10,622.3 28,81,424.0 29,85,932.3 31,94,371.8 23,09,841.2 27,47,985.6 26,87,696.0 28,63,633.1

1. Appropriation for Reduction or Avoidance of Debt 12,000.0 12,000.0 12,000.0 12,000.0 - 8,000.0 0.0 0.0

2. Interest Payments (i to iv) 26,98,622.3 28,69,424.0 29,73,932.3 31,82,371.8 23,09,841.2 27,39,985.6 26,87,696.0 28,63,633.1 i) Interest on Loans from the Centre 39,239.3 24,836.8 38,036.8 37,039.6 2,14,968.3 2,23,188.0 2,44,200.0 2,50,215.0 ii) Interest on Internal Debt 18,08,860.2 19,80,217.7 20,67,273.1 22,69,980.8 19,54,652.9 23,06,487.1 22,13,095.5 24,18,217.6

of which:

(a) Interest on Market Loans 15,69,299.7 17,33,826.1 17,81,238.2 19,55,689.9 15,04,918.3 17,65,324.5 16,99,376.8 18,83,701.2

(b) Interest on NSSF 2,02,393.4 2,08,367.5 2,31,584.0 2,55,294.0 3,04,459.0 3,40,000.0 3,40,000.0 3,60,000.0 iii) Interest on Small Savings, State Provident Funds, etc. 8,46,802.7 8,64,369.4 8,63,667.6 8,75,351.4 1,27,306.2 1,61,100.5 2,13,100.5 1,71,200.5 iv) Others 3,720.1 0.0 4,954.8 0.0 12,913.8 49,210.0 17,300.0 24,000.0 D. Administrative Services (i to v) 6,91,485.6 7,42,329.6 7,33,530.2 7,97,412.8 10,71,348.7 14,04,209.3 13,40,038.6 17,28,579.9 i) Secretariat– General Services 30,280.4 32,844.6 32,804.4 35,039.6 27,995.8 47,403.2 43,919.8 43,011.9 ii) District Administration 57,834.5 61,930.8 61,614.7 63,674.2 95,055.4 1,33,895.0 1,14,540.2 1,29,157.9 iii) Police 4,32,394.3 4,65,930.1 4,62,383.4 5,04,467.0 7,83,467.4 9,87,017.1 9,87,027.6 11,35,096.1 iv) Public Works 24,069.7 24,157.9 23,038.0 26,100.3 25,963.3 30,874.3 30,248.6 35,651.4 v) Others ++ 1,46,906.7 1,57,466.2 1,53,689.7 1,68,131.8 1,38,866.8 2,05,019.7 1,64,302.4 3,85,662.6 E. Pensions 25,64,424.1 28,60,904.3 27,58,163.1 29,45,982.6 21,96,573.7 25,64,759.8 25,38,159.8 28,96,114.9 F. Miscellaneous General Services 14,74,168.9 12,78,503.4 15,41,477.8 13,08,138.9 7,703.6 9,055.1 15,363.1 11,907.0

of which:

Payment on account of State Lotteries 11,40,120.1 12,52,548.2 12,22,154.9 12,82,213.3 - - - - III. Grants-in-Aid and Contributions 9,02,106.6 15,20,546.2 13,20,073.0 15,98,048.5 8,51,687.1 11,82,460.1 10,45,447.2 15,01,525.2

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 9,02,106.6 15,20,546.2 13,20,073.0 15,98,048.5 8,51,687.1 11,82,460.1 10,45,447.2 15,01,525.2 222Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item MAHARASHTRA MANIPUR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 4,44,35,045.7 5,19,51,353.1 5,62,99,851.7 6,06,85,467.6 13,82,174.6 20,62,779.0 19,94,429.9 19,49,585.1 I. DEVELOPMENTAL EXPENDITURE (A + B) 2,72,58,707.6 2,99,87,967.2 3,63,99,359.0 3,68,88,664.0 6,10,907.9 12,22,549.3 11,01,556.7 9,99,641.8 A. Social Services (1 to 12) 1,89,22,404.6 2,16,68,114.9 2,53,67,967.0 2,49,33,658.5 4,10,292.8 7,33,465.8 6,70,012.5 6,59,679.2

1. Education, Sports, Art and Culture 91,64,752.9 98,43,822.7 95,52,328.6 1,05,47,363.2 2,36,407.8 3,20,380.9 3,04,165.9 3,01,300.0

2. Medical and Public Health 18,72,574.2 22,19,580.7 27,05,248.6 25,45,006.8 90,804.1 1,38,870.1 1,28,357.6 1,24,506.6

3. Family Welfare 1,45,301.0 1,97,614.3 1,85,443.3 1,71,484.4 2,153.1 7,025.2 5,630.1 5,835.9

4. Water Supply and Sanitation 8,53,226.6 7,09,121.6 7,00,683.4 6,91,475.4 9,868.5 13,127.0 11,172.0 12,010.2

5. Housing 5,15,610.9 6,27,664.6 4,41,479.6 4,30,173.9 706.4 1,590.0 1,440.0 1,512.0

6. Urban Development 15,83,271.8 19,55,282.7 22,96,942.6 19,24,772.8 10,936.4 74,359.9 52,447.3 37,325.3

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 22,87,153.1 24,93,101.9 29,09,608.7 24,44,734.3 12,738.5 29,063.4 25,565.5 27,011.6

8. Labour and Labour Welfare 1,59,259.7 2,67,595.9 3,69,333.9 2,68,829.5 3,861.4 6,272.3 6,031.6 4,650.6

9. Social Security and Welfare 10,88,968.8 20,41,618.2 47,64,375.6 46,26,801.7 34,869.4 91,879.7 90,488.2 1,02,462.2

10. Nutrition 4,63,724.6 3,96,131.3 5,72,456.5 3,62,678.4 5,475.9 16,237.5 14,181.7 12,265.9

11. Relief on account of Natural Calamities 7,37,528.3 8,09,217.4 7,94,697.0 8,11,829.9 504.7 32,783.4 28,872.8 28,957.4

12. Others* 51,032.8 1,07,363.7 75,369.4 1,08,508.2 1,966.7 1,876.4 1,659.8 1,841.6 B. Economic Services (1 to 9) 83,36,303.0 83,19,852.3 1,10,31,392.0 1,19,55,005.5 2,00,615.1 4,89,083.6 4,31,544.2 3,39,962.6

1. Agriculture and Allied Activities (i to xii) 31,01,544.7 26,68,220.3 39,80,155.4 32,27,658.0 39,797.8 1,21,175.8 79,325.9 78,827.3 i) Crop Husbandry 17,12,194.7 12,93,134.0 22,04,377.6 19,08,839.6 9,608.8 43,680.0 25,783.3 27,980.9 ii) Soil and Water Conservation 43,946.6 67,583.0 63,536.3 94,359.9 3,973.3 4,313.9 4,566.5 4,589.9 iii) Animal Husbandry 1,65,198.9 2,49,852.3 2,34,445.7 2,39,289.6 7,552.8 18,016.4 14,691.8 13,247.4 iv) Dairy Development 44,689.5 27,614.6 1,69,261.4 24,275.8 152.2 208.9 166.9 180.3 v) Fisheries 64,776.8 59,837.5 59,670.0 48,665.0 2,279.9 8,705.4 3,442.5 3,565.4 vi) Forestry and Wild Life 2,95,147.8 4,19,367.4 3,87,157.3 4,42,394.1 7,160.0 20,640.0 16,382.2 18,345.9 vii) Plantations - - - - - 13.1 13.1 18.5 viii) Food Storage and Warehousing 3,31,496.9 1,56,977.0 3,99,994.6 84,243.0 6,482.8 20,868.5 11,314.4 7,666.0 ix) Agricultural Research and Education 1,84,852.2 2,10,766.2 2,10,847.6 2,20,040.8 275.5 379.8 193.9 277.4 x) Agricultural Finance Institutions - - - - - - - - xi) Co-operation 2,58,809.9 1,82,088.3 2,49,164.9 1,64,450.1 2,310.5 4,350.0 2,771.4 2,955.7 xii) Other Agricultural Programmes 431.3 1,000.1 1,700.1 1,100.1 2.0 - - -

2. Rural Development 14,92,376.9 17,55,109.5 24,20,099.8 30,55,617.5 88,258.6 2,51,230.0 2,56,363.4 1,71,828.8

3. Special Area Programmes 94.1 162.1 151.6 180.3 1,326.9 4,562.9 4,951.2 4,306.1

4. Irrigation and Flood Control 2,38,798.4 3,02,609.0 2,59,006.1 3,10,057.7 5,460.4 9,595.5 8,705.1 9,461.5

of which: i) Major and Medium Irrigation 1,62,463.6 2,03,303.6 1,65,908.8 1,96,039.3 3,079.3 4,447.0 4,220.0 4,669.8 ii) Minor Irrigation 71,573.6 91,184.9 84,070.6 83,269.1 791.0 2,644.4 2,438.7 2,538.5 iii) Flood Control and Drainage 2,915.8 5,355.1 6,873.7 12,324.8 1,252.1 1,969.0 1,757.0 1,934.4

5. Energy 13,48,506.0 11,24,737.0 20,24,047.1 25,81,078.2 42,503.9 33,019.3 37,921.6 35,669.7

of which: Power 13,08,980.9 9,73,654.7 18,33,222.7 22,51,329.2 42,317.6 31,959.3 37,318.0 34,949.7

6. Industry and Minerals (i to iii) 7,30,417.6 5,44,646.5 7,06,919.7 8,16,006.5 6,416.9 26,421.7 17,299.0 10,864.1 i) Village and Small Industries 1,34,527.7 1,28,926.5 1,07,768.5 1,22,260.0 6,128.6 23,567.8 15,973.6 9,201.7 ii) Industries@ 5,95,890.0 4,15,720.0 5,99,151.2 6,93,746.5 283.4 2,693.9 1,165.3 1,152.4 iii) Others** - - - - 4.8 160.0 160.0 510.0 223State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item MAHARASHTRA MANIPUR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 10,64,758.3 13,64,809.1 11,44,771.9 13,20,486.9 8,250.3 11,322.9 10,082.9 10,488.4 i) Roads and Bridges 8,60,206.0 8,76,132.7 8,25,243.5 8,45,549.1 8,250.3 11,322.9 10,082.9 10,488.4 ii) Others @@ 2,04,552.3 4,88,676.4 3,19,528.4 4,74,937.8 - - - -

8. Science, Technology and Environment 97,210.7 1,06,310.3 1,29,151.0 1,07,836.0 3,890.1 11,529.7 8,194.6 8,615.2

9. General Economic Services (i to iv) 2,62,596.5 4,53,248.5 3,67,089.5 5,36,084.6 4,710.3 20,225.9 8,700.8 9,901.5 i) Secretariat– Economic Services 1,21,136.3 1,82,859.4 1,74,112.8 2,56,742.6 1,856.8 15,129.9 5,227.9 4,358.7 ii) Tourism 1,26,255.4 2,49,079.0 1,74,821.3 2,57,299.1 893.7 2,858.6 949.2 2,816.5 iii) Civil Supplies - 0.0 0.0 - - - - - iv) Others + 15,204.9 21,310.1 18,155.4 22,042.9 1,959.9 2,237.5 2,523.8 2,726.3 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 1,39,87,470.8 1,86,77,770.0 1,63,10,582.5 2,02,13,619.1 7,22,171.4 7,77,033.1 8,36,623.3 8,78,919.3 A. Organs of State 5,41,349.2 8,69,913.0 8,66,248.9 7,52,749.7 47,350.4 54,559.9 49,053.0 51,584.3 B. Fiscal Services (i + ii) 6,89,745.2 5,56,617.3 7,76,464.1 6,58,138.2 6,146.9 10,286.1 8,760.4 9,706.5 i) Collection of Taxes and Duties 6,89,745.2 5,56,617.3 7,76,464.1 6,58,138.2 6,103.7 10,219.2 8,709.7 9,652.8 ii) Other Fiscal Services - - - - 43.1 66.9 50.7 53.7 C. Interest Payments and Servicing of Debt (1 + 2) 48,65,190.6 60,72,720.4 56,68,737.8 69,65,867.8 97,657.8 1,10,112.5 1,11,790.3 1,20,859.2

1. Appropriation for Reduction or Avoidance of Debt 3,00,000.0 4,00,000.0 2,00,000.0 5,00,000.0

2. Interest Payments (i to iv) 45,65,190.6 56,72,720.4 54,68,737.8 64,65,867.8 97,657.8 1,10,112.5 1,11,790.3 1,20,859.2 i) Interest on Loans from the Centre 1,10,962.6 1,10,044.1 1,10,044.1 1,25,954.0 2,493.0 3,209.8 2,483.0 2,452.0 ii) Interest on Internal Debt 38,21,851.3 47,00,461.8 45,58,563.7 55,97,181.0 84,710.0 95,715.8 97,961.0 1,07,221.0

of which: - - - -

(a) Interest on Market Loans 32,93,857.9 41,00,000.0 39,60,000.0 50,10,000.0 74,637.0 80,794.0 86,614.0 95,275.0

(b) Interest on NSSF 3,71,012.1 3,18,785.5 3,18,785.5 2,66,559.0 4,155.0 4,673.0 4,155.0 4,673.0 iii) Interest on Small Savings, State Provident Funds, etc. 5,59,794.1 8,39,687.9 7,86,582.6 7,28,757.9 10,451.0 10,768.4 10,451.0 10,768.0 iv) Others 72,582.6 22,526.6 13,547.4 13,974.9 4.0 418.5 895.0 419.0 D. Administrative Services (i to v) 35,88,746.7 51,42,892.1 43,29,333.9 56,98,568.8 3,13,382.2 3,01,258.6 3,20,105.1 3,44,552.8 i) Secretariat– General Services 72,575.2 1,62,644.8 1,23,809.7 1,74,861.3 8,649.0 9,729.0 9,999.7 10,489.2 ii) District Administration 10,82,770.8 14,40,953.9 13,09,175.3 16,08,387.5 7,327.2 8,209.5 8,497.1 8,897.3 iii) Police 20,95,775.9 28,39,637.2 24,82,199.4 32,00,027.2 2,79,090.4 2,58,967.1 2,79,326.3 3,01,728.8 iv) Public Works 1,20,888.4 1,88,128.8 1,51,160.1 1,99,376.6 2,237.5 3,216.5 2,996.0 3,203.1 v) Others ++ 2,16,736.4 5,11,527.5 2,62,989.4 5,15,916.1 16,078.1 21,136.5 19,286.0 20,234.4 E. Pensions 42,62,922.0 59,81,687.8 46,18,028.0 60,27,649.9 2,57,624.9 3,00,800.0 3,46,900.0 3,52,200.0 F. Miscellaneous General Services 39,517.1 53,939.4 51,769.9 1,10,644.8 9.2 16.0 14.6 16.6

of which:

Payment on account of State Lotteries 4,649.3 7,542.1 5,822.3 6,904.6 9.2 16.0 14.6 16.6 III. Grants-in-Aid and Contributions 31,88,867.2 32,85,616.0 35,89,910.2 35,83,184.4 49,095.3 63,196.6 56,249.9 71,023.9

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 31,88,867.2 32,85,616.0 35,89,910.2 35,83,184.4 49,095.3 63,196.6 56,249.9 71,023.9 224Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item MEGHALAYA MIZORAM 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 16,58,353.6 19,65,276.2 19,65,276.2 20,55,621.1 10,83,696.0 11,82,154.0 13,33,357.2 12,38,470.3 I. DEVELOPMENTAL EXPENDITURE (A + B) 11,08,725.2 13,52,438.8 13,52,438.8 14,30,256.8 6,56,945.5 7,38,300.2 8,51,754.2 7,35,840.1 A. Social Services (1 to 12) 6,02,975.7 7,52,246.3 7,48,237.3 8,16,153.2 4,20,928.8 4,58,108.8 5,34,996.2 4,47,521.4

1. Education, Sports, Art and Culture 3,06,428.7 3,56,590.3 3,52,581.3 3,68,923.6 1,72,062.9 2,36,789.3 2,49,230.8 2,09,120.0

2. Medical and Public Health 1,51,040.0 1,78,737.6 1,78,737.6 1,97,038.6 55,684.8 66,077.3 86,151.4 68,267.6

3. Family Welfare 7,436.1 8,922.2 8,922.2 9,889.7 302.3 3,435.7 7,176.5 2,888.3

4. Water Supply and Sanitation 39,761.9 42,634.1 42,634.1 47,909.4 28,814.5 23,617.6 32,100.5 24,904.1

5. Housing 15,562.1 15,310.9 15,310.9 16,840.7 14,349.0 11,055.2 12,168.1 11,179.1

6. Urban Development 14,806.2 33,361.6 33,361.6 41,616.7 68,082.4 19,328.9 23,635.9 23,719.1

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 20.8 14,910.4 14,910.4 27,732.3 57,312.2 61,217.1 61,229.5 65,114.1

8. Labour and Labour Welfare 6,084.9 9,331.4 9,331.4 10,475.4 2,798.3 3,175.4 3,303.0 2,948.8

9. Social Security and Welfare 37,798.5 50,195.5 50,195.5 56,498.1 20,758.9 24,307.7 32,139.0 28,675.7

10. Nutrition 16,449.3 18,582.4 18,582.4 19,384.4 380.7 1,444.3 1,748.4 1,601.7

11. Relief on account of Natural Calamities 3,431.9 18,903.6 18,903.6 14,933.1 -1,200.8 6,050.0 24,406.0 7,430.0

12. Others* 4,155.2 4,766.3 4,766.3 4,911.4 1,583.8 1,610.1 1,707.2 1,673.1 B. Economic Services (1 to 9) 5,05,749.5 6,00,192.5 6,04,201.5 6,14,103.7 2,36,016.7 2,80,191.5 3,16,758.1 2,88,318.6

1. Agriculture and Allied Activities (i to xii) 87,512.2 1,25,512.1 1,25,512.1 1,47,489.5 60,354.7 64,625.8 76,248.2 67,657.7 i) Crop Husbandry 20,552.9 30,881.8 30,881.8 44,913.2 17,825.2 23,603.5 26,422.0 28,688.7 ii) Soil and Water Conservation 16,181.9 25,069.6 25,069.6 30,033.0 2,638.4 2,847.4 4,238.6 1,899.8 iii) Animal Husbandry 13,790.5 16,043.8 16,043.8 16,356.2 6,162.6 6,651.7 7,279.9 8,516.4 iv) Dairy Development 1,492.2 1,941.9 1,941.9 2,075.7 116.2 121.6 121.6 114.7 v) Fisheries 3,007.5 6,738.2 6,738.2 8,568.4 2,601.0 1,101.4 5,708.9 1,101.8 vi) Forestry and Wild Life 23,458.0 27,470.2 27,470.2 23,667.4 10,475.9 13,792.6 14,092.9 14,613.8 vii) Plantations - - - - - - - - viii) Food Storage and Warehousing 9.3 10.0 10.0 29.0 17,310.4 13,042.1 14,641.5 9,052.2 ix) Agricultural Research and Education 3,315.5 3,946.1 3,946.1 3,792.9 1,007.4 1,171.0 1,278.0 1,150.2 x) Agricultural Finance Institutions - - - - - - - - xi) Co-operation 3,409.0 4,937.2 4,937.2 4,903.7 1,487.1 1,516.7 1,651.4 1,777.2 xii) Other Agricultural Programmes 2,295.4 8,473.3 8,473.3 13,150.0 730.5 777.8 813.5 742.9

2. Rural Development 2,45,297.6 1,95,719.0 1,95,719.0 1,80,531.3 22,320.8 43,849.5 47,603.3 41,734.2

3. Special Area Programmes 1,976.9 5,326.4 9,335.5 2,741.0 6,000.0 9,411.4 9,459.1 8,342.0

4. Irrigation and Flood Control 7,055.9 8,856.8 8,856.8 8,917.1 1,489.1 1,478.8 1,544.8 1,410.7

of which: i) Major and Medium Irrigation - 5.7 5.7 167.2 - - - - ii) Minor Irrigation 6,795.7 8,569.0 8,569.0 8,343.9 1,488.9 1,478.7 1,544.7 1,410.6 iii) Flood Control and Drainage 260.2 282.1 282.1 406.0 - - - -

5. Energy 28,365.1 69,132.5 69,132.5 47,437.5 77,543.1 89,173.3 1,03,116.9 95,209.1

of which: Power 27,419.8 63,348.4 63,348.4 42,437.5 77,543.1 89,173.3 1,03,116.9 95,209.1

6. Industry and Minerals (i to iii) 22,689.3 28,234.3 28,234.3 26,163.8 7,161.6 6,909.6 8,552.7 6,936.9 i) Village and Small Industries 9,636.1 12,964.7 12,964.7 12,609.6 6,376.6 6,030.2 7,654.8 6,115.1 ii) Industries@ 13,053.1 15,269.6 15,269.6 13,554.2 785.0 879.4 897.9 821.8 iii) Others** - - - - - - - - 225State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item MEGHALAYA MIZORAM 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 42,603.0 45,947.8 45,947.8 77,411.3 52,998.0 55,314.9 60,163.0 57,442.9 i) Roads and Bridges 42,603.0 45,947.8 45,947.8 77,411.3 49,519.2 51,963.3 56,300.5 54,235.8 ii) Others @@ - - - - 3,478.8 3,351.6 3,862.4 3,207.2

8. Science, Technology and Environment 70.3 219.4 219.4 1,472.3 1,077.5 1,073.6 1,149.4 1,410.9

9. General Economic Services (i to iv) 70,179.2 1,21,244.1 1,21,244.1 1,21,939.9 7,071.8 8,354.5 8,920.7 8,174.2 i) Secretariat– Economic Services 55,394.5 1,01,505.3 1,01,505.3 1,00,171.8 1,482.6 1,708.2 1,878.3 1,789.3 ii) Tourism 4,998.7 5,112.2 5,112.2 6,458.5 1,170.8 1,259.2 1,498.3 1,166.4 iii) Civil Supplies 6,318.9 10,818.2 10,818.2 11,398.5 2,401.9 3,372.2 3,403.1 3,227.3 iv) Others + 3,467.1 3,808.4 3,808.4 3,911.2 2,016.5 2,014.9 2,141.0 1,991.2 II. NON-DEVELOPMENTAL EXPENDITURE 5,49,628.4 6,12,837.4 6,12,837.4 6,25,364.2 4,26,750.6 4,43,853.8 4,81,602.9 5,02,630.2 (General Services) (A to F) A. Organs of State 42,051.2 60,009.9 60,009.9 47,517.5 19,915.4 12,462.6 24,181.6 14,705.1 B. Fiscal Services (i + ii) 14,517.2 16,432.9 16,432.9 14,267.3 11,481.7 13,419.1 14,095.4 13,956.4 i) Collection of Taxes and Duties 14,473.2 16,336.0 16,336.0 14,158.4 11,322.9 13,257.6 13,906.0 13,786.2 ii) Other Fiscal Services 44.1 96.9 96.9 108.9 158.8 161.5 189.3 170.2 C. Interest Payments and Servicing of Debt 1,23,031.1 1,33,369.3 1,33,369.3 1,47,378.5 62,780.3 70,473.5 73,238.0 90,301.0 (1 + 2)

1. Appropriation for Reduction or 9,221.2 9,800.0 9,800.0 12,700.0 4,590.0 10,000.0 10,000.0 11,000.0 Avoidance of Debt

2. Interest Payments (i to iv) 1,13,809.9 1,23,569.3 1,23,569.3 1,34,678.5 58,190.3 60,473.5 63,238.0 79,301.0 i) Interest on Loans from the Centre 1,888.1 2,341.9 2,341.9 2,813.3 1,763.9 2,323.0 2,323.0 1,500.0 ii) Interest on Internal Debt 94,703.3 1,03,222.4 1,03,222.4 1,12,060.2 45,926.4 47,550.5 47,551.6 56,300.0

of which:

(a) Interest on Market Loans 85,588.3 94,106.0 94,106.0 1,02,532.1 44,773.0 45,824.5 45,825.6 54,958.4

(b) Interest on NSSF 4,015.2 3,600.0 3,600.0 3,100.0 1,153.5 1,200.0 1,200.0 1,041.6 iii) Interest on Small Savings, State 17,036.5 17,300.0 17,300.0 18,800.0 10,500.0 10,500.0 10,500.0 20,500.0 Provident Funds, etc.

iv) Others 182.0 705.0 705.0 1,005.0 100.0 2,863.5 1,001.0 D. Administrative Services (i to v) 1,89,417.2 2,14,916.9 2,14,916.9 2,29,201.2 1,32,823.5 1,50,691.9 1,44,986.6 1,58,312.1 i) Secretariat– General Services 11,448.3 12,841.6 12,841.6 12,740.5 24,667.4 33,487.1 20,401.4 37,740.0 ii) District Administration 6,900.4 7,950.5 7,950.5 9,216.1 6,100.2 6,158.6 6,656.0 5,877.7 iii) Police 1,10,754.7 1,24,954.8 1,24,954.8 1,35,418.9 71,279.0 72,619.7 76,943.4 75,245.3 iv) Public Works 28,666.8 30,548.3 30,548.3 31,734.2 6,795.1 8,222.5 9,110.5 7,960.0 v) Others ++ 31,647.1 38,621.7 38,621.7 40,091.5 23,981.8 30,204.0 31,875.1 31,489.2 E. Pensions 1,78,988.2 1,86,471.2 1,86,471.2 1,85,221.0 1,99,472.1 1,96,575.1 2,24,802.6 2,25,085.1 F. Miscellaneous General Services 1,623.5 1,637.1 1,637.1 1,778.8 277.5 231.6 298.8 270.5

of which: 130.2 180.2 180.2 217.9 277.5 231.6 298.8 270.5 Payment on account of State Lotteries III. Grants-in-Aid and Contributions - - - - - - - -

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions - - - - - - - - 226Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item NAGALAND ODISHA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 14,81,970.7 16,89,287.3 16,14,496.3 17,12,652.7 1,48,83,177.4 1,83,56,302.3 1,86,06,544.4 2,00,19,999.9 I. DEVELOPMENTAL EXPENDITURE (A + B) 7,60,143.3 8,76,336.6 8,11,284.7 8,57,521.6 1,05,80,298.0 1,37,90,284.3 1,41,41,945.1 1,49,61,517.4 A. Social Services (1 to 12) 4,31,793.5 4,38,572.4 4,57,607.3 4,66,436.9 63,34,797.8 88,78,640.7 92,84,680.3 94,56,978.9

1. Education, Sports, Art and Culture 2,21,666.6 2,30,090.9 2,42,460.1 2,46,936.2 26,04,250.9 30,28,278.1 31,14,471.7 32,11,118.0

2. Medical and Public Health 76,996.9 83,401.6 84,113.2 87,881.5 11,85,617.8 16,46,714.3 17,82,642.4 17,40,035.4

3. Family Welfare 4,517.2 8,652.3 6,016.5 8,729.4 61,278.9 89,172.9 88,938.2 97,056.2

4. Water Supply and Sanitation 11,516.3 11,812.5 13,496.5 12,131.8 3,59,448.8 2,93,811.0 3,50,805.8 2,72,451.9

5. Housing 38,475.2 22,175.5 13,183.8 27,093.8 45,520.3 56,927.7 57,163.3 70,345.0

6. Urban Development 8,183.6 13,987.3 13,854.3 10,125.3 3,97,874.5 3,93,213.0 4,33,453.0 5,33,587.6

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 4,058.3 6,228.8 5,571.6 5,167.3 3,24,628.8 4,08,412.2 4,38,987.9 4,70,301.1

8. Labour and Labour Welfare 4,488.5 5,116.8 5,120.8 4,806.4 36,026.8 55,426.5 63,858.5 56,722.8

9. Social Security and Welfare 32,636.5 30,128.5 31,362.2 35,071.5 8,38,740.7 22,95,012.5 23,50,458.2 24,35,392.7

10. Nutrition 15,931.5 11,528.3 10,770.9 10,647.1 1,11,007.2 1,05,781.4 90,897.5 1,03,000.0

11. Relief on account of Natural Calamities 7,244.1 5,503.0 24,239.9 5,745.0 2,86,840.4 3,98,722.0 3,99,000.0 4,09,000.0

12. Others* 6,078.7 9,947.1 7,417.7 12,101.8 83,562.8 1,07,169.2 1,14,003.9 57,968.0 B. Economic Services (1 to 9) 3,28,349.8 4,37,764.2 3,53,677.3 3,91,084.7 42,45,500.2 49,11,643.6 48,57,264.8 55,04,538.5

1. Agriculture and Allied Activities (i to xii) 92,031.9 1,17,109.2 1,10,633.1 1,14,499.0 13,67,868.4 19,03,700.0 18,38,016.6 20,70,583.7 i) Crop Husbandry 42,769.1 60,985.9 56,417.9 56,973.6 7,04,658.2 12,52,005.0 12,13,463.9 14,17,266.1 ii) Soil and Water Conservation 6,748.9 6,639.3 6,685.4 7,076.6 45,790.3 66,526.4 66,587.3 66,502.5 iii) Animal Husbandry 10,537.0 13,429.0 12,385.6 12,593.4 68,441.7 86,745.3 90,063.2 89,695.5 iv) Dairy Development - - 13.7 - 479.9 16,884.9 15,189.9 14,766.7 v) Fisheries 4,708.3 10,533.4 6,051.8 9,406.2 58,818.8 60,849.6 60,168.8 53,616.0 vi) Forestry and Wild Life 12,343.1 13,692.0 13,073.0 14,911.8 1,05,261.1 1,27,271.4 1,32,226.4 1,37,386.4 vii) Plantations - - - - - - - - viii) Food Storage and Warehousing 10,275.2 7,182.9 10,884.9 8,670.7 2,33,148.0 1,23,087.1 85,705.6 1,00,134.8 ix) Agricultural Research and Education 2,018.5 2,038.5 2,068.1 1,976.9 29,751.6 45,953.6 45,967.4 50,736.6 x) Agricultural Finance Institutions - - - - - - - - xi) Co-operation 2,631.8 2,608.3 3,052.7 2,889.8 1,21,065.9 1,23,712.7 1,27,977.0 1,34,898.9 xii) Other Agricultural Programmes - - - - 453.0 664.0 667.1 5,580.2

2. Rural Development 69,176.8 1,44,783.8 64,314.4 94,781.8 14,74,847.2 16,68,459.4 16,17,250.6 17,44,771.9

3. Special Area Programmes 3,581.2 3,098.2 3,393.3 3,763.4 42,117.8 9,000.0 6,000.0 3,015.1

4. Irrigation and Flood Control 3,744.4 4,511.4 4,096.9 4,246.8 3,34,565.6 3,61,522.4 3,92,062.1 3,93,838.4

of which: i) Major and Medium Irrigation - - - - 90,660.5 1,06,255.7 1,07,449.8 1,21,156.0 ii) Minor Irrigation 3,744.4 4,511.4 4,096.9 4,246.8 1,99,793.2 2,06,242.4 2,36,344.4 2,13,084.4 iii) Flood Control and Drainage - - - - 22,268.6 23,336.1 23,639.7 24,772.6

5. Energy 77,862.3 82,196.1 77,329.2 83,056.2 14,145.4 20,123.3 30,173.0 1,20,442.7

of which: Power 76,919.2 81,521.0 76,709.8 82,425.9 2,330.7 8,304.3 8,354.0 14,231.2

6. Industry and Minerals (i to iii) 17,291.2 16,126.8 20,283.2 17,023.9 1,98,849.2 2,25,815.1 2,47,204.8 2,54,093.6 i) Village and Small Industries 12,929.0 12,143.0 15,946.6 12,748.3 40,659.2 71,668.0 67,678.5 85,103.0 ii) Industries@ 4,362.2 3,983.8 4,336.6 4,275.7 74,302.3 80,147.1 98,026.3 95,890.6 iii) Others** - - - - 83,887.7 74,000.0 81,500.0 73,100.0 227State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item NAGALAND ODISHA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 48,402.3 52,856.5 56,308.3 55,002.1 4,19,231.4 4,96,440.8 5,06,869.3 5,58,352.7 i) Roads and Bridges 38,843.0 42,803.7 45,781.5 44,765.7 3,35,971.6 3,59,161.4 3,68,633.1 4,19,774.4 ii) Others @@ 9,559.3 10,052.8 10,526.8 10,236.5 83,259.8 1,37,279.5 1,38,236.2 1,38,578.3

8. Science, Technology and Environment 1,587.7 1,420.5 1,500.4 1,365.8 17,600.1 21,483.1 24,361.4 42,323.4

9. General Economic Services (i to iv) 14,672.2 15,661.7 15,818.5 17,345.7 3,76,275.0 2,05,099.4 1,95,327.0 3,17,117.0 i) Secretariat– Economic Services 6,541.7 6,885.4 6,900.2 7,981.8 3,39,685.9 1,59,159.0 1,46,863.8 2,60,184.0 ii) Tourism 2,125.0 2,047.6 2,150.6 2,478.3 28,290.0 31,820.0 34,265.7 40,058.8 iii) Civil Supplies - - - - 4,679.8 3,232.6 3,209.2 5,703.5 iv) Others + 6,005.6 6,728.7 6,767.8 6,885.6 3,619.3 10,887.8 10,988.3 11,170.7 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 7,21,827.5 8,12,950.7 8,03,211.6 8,55,131.0 41,47,904.8 43,85,275.3 42,82,980.6 48,75,360.0 A. Organs of State 16,641.1 14,996.5 18,410.7 13,426.6 1,33,295.3 2,33,284.5 2,28,089.6 1,93,301.2 B. Fiscal Services (i + ii) 9,717.3 10,331.2 10,911.5 10,789.2 1,51,967.6 1,81,432.4 1,78,248.2 1,78,586.3 i) Collection of Taxes and Duties 9,707.3 10,323.2 10,901.5 10,781.2 1,51,320.7 1,80,509.4 1,77,309.1 1,77,476.3 ii) Other Fiscal Services 10.0 8.0 10.0 8.0 646.9 923.0 939.0 1,109.9 C. Interest Payments and Servicing of Debt (1 + 2) 1,06,843.5 1,36,885.0 1,29,349.0 1,43,182.5 5,18,113.5 5,50,000.0 5,50,000.0 6,50,000.0

1. Appropriation for Reduction or Avoidance of Debt - 150.0 10,000.0 10,500.0 - - - -

2. Interest Payments (i to iv) 1,06,843.5 1,36,735.0 1,19,349.0 1,32,682.5 5,18,113.5 5,50,000.0 5,50,000.0 6,50,000.0 i) Interest on Loans from the Centre 791.2 763.0 845.0 860.0 24,008.7 33,249.4 33,249.4 41,048.9 ii) Interest on Internal Debt 95,341.7 1,24,037.1 1,07,904.0 1,21,922.5 3,15,344.7 3,25,041.6 3,25,041.6 4,10,321.1

of which: - - - -

(a) Interest on Market Loans 89,536.5 1,15,846.7 1,02,050.7 1,16,025.4 1,54,963.8 1,38,336.5 1,38,336.5 1,69,310.1

(b) Interest on NSSF 768.8 1,050.0 770.0 750.0 53,739.9 45,500.0 45,500.0 40,000.0 iii) Interest on Small Savings, State Provident Funds, etc. 10,710.6 11,935.0 10,600.0 9,900.0 1,78,736.1 1,91,700.0 1,91,700.0 1,97,830.0 iv) Others - - - - 24.1 9.0 9.0 800.0 D. Administrative Services (i to v) 2,77,253.5 2,94,643.3 3,02,537.8 3,00,163.6 8,28,740.2 10,20,482.8 10,96,836.4 12,16,911.1 i) Secretariat– General Services 24,240.4 26,762.4 26,818.0 27,316.5 55,992.1 1,00,204.7 97,419.8 96,594.2 ii) District Administration 19,360.8 20,696.7 20,584.3 20,855.3 27,437.7 35,647.4 36,342.0 37,781.1 iii) Police 1,82,770.7 1,93,485.7 1,98,645.0 1,96,930.7 4,49,827.5 5,13,131.8 5,80,926.4 6,83,105.3 iv) Public Works 22,750.1 23,455.3 26,303.6 23,987.0 1,66,592.2 1,86,725.0 1,92,752.7 1,99,450.2 v) Others ++ 28,131.5 30,243.1 30,186.8 31,074.1 1,28,890.8 1,84,773.9 1,89,395.4 1,99,980.1 E. Pensions 3,10,191.9 3,55,705.1 3,41,591.0 3,87,171.0 20,10,753.7 21,94,014.0 21,94,014.0 24,80,000.0 F. Miscellaneous General Services 1,180.3 389.7 411.6 398.1 5,05,034.5 2,06,061.6 35,792.5 1,56,561.5

of which:

Payment on account of State Lotteries 1,180.3 389.6 411.6 398.1 - - - - III. Grants-in-Aid and Contributions - - - - 1,54,974.6 1,80,742.7 1,81,618.7 1,83,122.5

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions - - - - 1,54,974.6 1,80,742.7 1,81,618.7 1,83,122.5 228Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item PUNJAB RAJASTHAN 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 1,17,40,736.3 1,27,13,433.0 1,32,40,513.4 1,35,69,760.0 2,42,23,087.8 2,90,21,939.6 2,94,55,742.7 3,25,54,589.9 I. DEVELOPMENTAL EXPENDITURE (A + B) 56,99,286.4 64,08,835.0 68,59,373.0 66,65,329.3 1,64,55,318.7 2,03,01,134.0 2,04,38,100.2 2,29,79,279.7 A. Social Services (1 to 12) 31,96,093.8 35,57,771.7 35,85,384.6 37,60,166.3 1,01,88,390.8 1,30,79,232.8 1,27,94,747.4 1,41,09,780.0

1. Education, Sports, Art and Culture 15,12,150.5 16,77,747.0 16,56,029.2 18,47,085.5 49,27,726.6 62,51,613.7 61,19,153.3 65,78,054.0

2. Medical and Public Health 4,48,806.6 5,36,750.1 5,26,796.3 5,77,112.2 14,93,141.6 18,81,745.7 18,93,717.2 20,90,994.8

3. Family Welfare 29,090.8 25,134.4 24,268.4 25,483.4 4,33,861.1 4,66,173.4 4,93,613.5 5,31,849.1

4. Water Supply and Sanitation 93,094.2 1,01,725.3 1,00,799.6 1,02,150.0 4,64,337.9 5,19,634.4 5,47,973.2 6,36,841.7

5. Housing 33,431.7 1,50,045.1 30,786.3 44,620.3 6,351.4 9,275.3 11,055.1 9,799.9

6. Urban Development 11,128.9 17,433.6 1,11,916.0 21,139.3 6,84,294.3 10,62,990.4 9,70,639.3 10,55,021.6

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 1,06,262.2 70,370.8 93,007.6 74,942.3 1,50,958.5 2,67,671.3 2,57,589.9 2,77,280.3

8. Labour and Labour Welfare 29,770.7 38,130.2 33,479.4 41,090.1 1,55,621.9 2,02,693.7 1,99,165.8 2,49,791.2

9. Social Security and Welfare 7,43,676.7 7,81,531.5 7,99,809.1 8,24,422.5 13,29,817.7 17,43,326.0 15,95,216.7 19,22,937.0

10. Nutrition 19,261.0 37,932.0 49,899.2 47,101.0 2,53,304.7 3,65,475.7 3,61,130.0 3,62,162.7

11. Relief on account of Natural Calamities 1,08,425.3 70,252.7 86,867.7 70,175.2 2,38,393.1 2,79,676.2 3,10,957.6 3,56,660.8

12. Others* 60,995.3 50,719.1 71,725.8 84,844.4 50,582.0 28,957.1 34,535.7 38,386.8 B. Economic Services (1 to 9) 25,03,192.6 28,51,063.3 32,73,988.4 29,05,163.0 62,66,927.9 72,21,901.1 76,43,352.8 88,69,499.7

1. Agriculture and Allied Activities (i to xii) 12,09,285.4 13,54,200.3 14,04,518.2 14,08,683.8 10,94,565.6 13,74,226.0 13,33,792.3 15,53,767.0 i) Crop Husbandry 10,15,011.1 11,42,220.5 11,70,719.9 11,68,035.4 4,25,741.5 5,03,675.0 5,13,275.9 6,52,906.4 ii) Soil and Water Conservation 18,254.9 15,103.0 16,245.6 17,147.0 8,575.6 9,710.9 9,515.9 10,492.0 iii) Animal Husbandry 51,894.5 57,024.2 54,392.3 62,455.7 2,79,879.0 3,23,244.6 2,89,597.1 3,42,788.6 iv) Dairy Development 2,243.7 2,688.9 2,187.3 2,650.0 55,000.0 60,000.0 50,000.0 65,000.0 v) Fisheries 4,081.3 3,159.4 4,540.3 3,031.5 1,447.2 1,946.3 2,483.0 2,245.5 vi) Forestry and Wild Life 23,180.2 26,299.6 25,979.6 28,110.5 81,339.5 1,20,804.7 1,05,548.8 1,46,464.7 vii) Plantations - - - - - - - - viii) Food Storage and Warehousing 3,368.1 2,000.0 12,500.0 8,650.0 - 0.0 - 0.0 ix) Agricultural Research and Education 47,565.3 47,218.5 61,311.1 58,818.0 40,262.1 33,975.0 36,734.9 34,551.4 x) Agricultural Finance Institutions - - - - - - - - xi) Co-operation 43,410.1 58,184.7 56,343.7 59,490.7 1,59,603.8 2,72,766.6 2,84,040.2 2,56,142.8 xii) Other Agricultural Programmes 276.2 301.6 298.3 295.0 42,717.0 48,102.9 42,596.6 43,175.4

2. Rural Development 60,590.8 99,287.4 1,02,325.6 1,42,724.2 12,01,413.7 19,47,973.6 19,81,725.7 23,58,555.2

3. Special Area Programmes - - - - 139.6 298.7 118.1 12,785.7

4. Irrigation and Flood Control 1,09,571.0 1,24,514.6 1,16,675.4 1,23,665.8 2,34,373.7 2,87,149.1 2,88,805.7 3,25,979.4

of which: i) Major and Medium Irrigation 85,434.0 97,888.7 93,036.1 98,356.0 2,15,961.5 2,63,707.4 2,64,416.6 3,00,711.9 ii) Minor Irrigation 11,217.3 12,477.8 10,491.7 11,533.1 15,971.1 17,320.7 18,375.7 17,774.8 iii) Flood Control and Drainage 12,919.8 14,148.1 13,147.6 13,776.7 - - - -

5. Energy 6,81,828.0 7,80,448.0 11,38,643.0 7,61,449.0 27,04,043.6 28,05,821.9 32,88,103.8 36,94,542.8

of which: Power 6,81,828.0 7,80,448.0 11,38,643.0 7,61,448.0 27,03,797.5 28,05,452.6 32,87,810.6 36,94,213.7

6. Industry and Minerals (i to iii) 2,93,750.3 3,33,655.1 3,35,190.3 3,30,642.3 55,506.3 77,309.7 77,784.5 1,06,408.0 i) Village and Small Industries 27,802.2 12,609.4 13,047.5 12,589.6 26,351.5 36,842.5 35,301.9 70,973.0 ii) Industries@ 2,65,948.1 3,21,045.7 3,22,142.8 3,18,052.7 29,154.8 40,467.2 42,482.6 35,435.1 iii) Others** - - - - - - - - 229State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item PUNJAB RAJASTHAN 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 63,123.5 62,898.5 57,793.4 61,670.7 5,35,941.4 4,05,851.3 4,07,757.3 4,89,295.3 i) Roads and Bridges 14,592.7 19,260.0 21,363.0 23,420.0 4,55,335.3 2,86,195.1 3,37,207.3 3,64,295.1 ii) Others @@ 48,530.9 43,638.5 36,430.4 38,250.6 80,606.1 1,19,656.1 70,550.0 1,25,000.1

8. Science, Technology and Environment 2,716.1 3,370.1 3,062.9 3,578.7 1,714.9 2,358.4 2,489.3 3,551.2

9. General Economic Services (i to iv) 82,327.4 92,689.3 1,15,779.7 72,748.5 4,39,229.1 3,20,912.5 2,62,776.2 3,24,615.2 i) Secretariat– Economic Services 1,842.9 4,439.2 3,473.4 5,574.3 5,714.5 6,234.8 5,938.9 7,176.7 ii) Tourism 6,143.4 9,284.4 2,552.3 1,475.8 8,749.8 13,865.9 12,967.7 16,673.5 iii) Civil Supplies 71,352.3 75,488.7 1,06,545.7 62,428.0 1,30,210.6 1,65,320.3 1,46,137.5 1,54,411.0 iv) Others + 2,988.9 3,476.9 3,208.3 3,270.5 2,94,554.2 1,35,491.5 97,732.1 1,46,353.9 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 57,11,842.5 57,51,217.2 57,90,741.6 62,25,320.5 77,67,763.9 87,20,798.6 90,17,635.5 95,75,302.1 A. Organs of State 1,65,259.2 1,89,561.2 1,96,144.4 1,65,179.5 2,38,530.5 3,20,557.7 2,96,873.1 2,49,900.4 B. Fiscal Services (i + ii) 53,715.1 71,006.3 1,11,101.0 58,714.1 2,55,286.6 3,33,151.2 3,49,690.1 3,72,452.1 i) Collection of Taxes and Duties 52,470.3 69,613.8 1,09,226.0 57,439.7 2,54,719.5 3,33,094.6 3,49,608.6 3,72,283.8 ii) Other Fiscal Services 1,244.8 1,392.5 1,875.0 1,274.4 567.1 56.6 81.5 168.3 C. Interest Payments and Servicing of Debt (1 + 2) 24,30,192.5 23,90,000.0 23,95,372.2 24,99,549.1 34,12,777.7 38,23,782.9 40,95,313.9 41,55,821.8

1. Appropriation for Reduction or Avoidance of Debt 1,75,000.0 0.0 0.0 0.0 - 70,000.0 1,83,500.0 1,50,000.0

2. Interest Payments (i to iv) 22,55,192.5 23,90,000.0 23,95,372.2 24,99,549.1 34,12,777.7 37,53,782.9 39,11,813.9 40,05,821.8 i) Interest on Loans from the Centre 26,382.0 25,500.0 25,704.1 26,053.8 92,690.9 96,864.7 97,092.3 1,03,426.7 ii) Interest on Internal Debt 19,82,952.5 21,70,774.3 21,17,741.8 22,06,059.1 27,25,926.7 30,60,301.5 31,47,688.6 31,81,697.9

of which:

(a) Interest on Market Loans 16,10,433.6 18,17,032.0 17,47,041.1 18,81,550.0 23,21,299.7 27,04,573.8 27,95,526.5 29,07,034.0

(b) Interest on NSSF 1,07,401.5 89,707.0 89,707.0 71,808.0 88,036.4 72,483.9 74,289.9 56,931.4 iii) Interest on Small Savings, State Provident Funds, etc. 1,55,169.5 1,13,698.4 1,48,589.5 1,55,992.8 5,25,262.5 5,12,518.8 5,76,219.4 6,29,085.5 iv) Others 90,688.6 80,027.3 1,03,336.9 1,11,443.5 68,897.6 84,097.8 90,813.6 91,611.8 D. Administrative Services (i to v) 10,22,532.6 10,60,242.6 11,05,992.3 13,67,733.7 10,49,087.4 12,29,522.9 12,51,171.4 14,07,231.9 i) Secretariat– General Services 28,378.7 26,956.8 26,560.3 33,193.7 32,263.6 37,313.4 40,963.7 40,943.3 ii) District Administration 47,913.0 51,938.6 50,792.9 50,736.2 72,174.1 90,874.4 92,308.1 1,00,593.4 iii) Police 8,00,178.9 8,27,606.3 8,24,424.9 8,52,121.3 8,43,814.6 9,86,263.9 9,87,856.2 10,74,163.8 iv) Public Works 46,819.2 48,483.6 50,851.5 50,557.4 -21,272.9 -29,823.6 -33,926.1 -10,829.9 v) Others ++ 99,242.9 1,05,257.2 1,53,362.8 3,81,125.0 1,22,108.0 1,44,894.7 1,63,969.5 2,02,361.3 E. Pensions 20,09,033.5 19,80,000.0 19,60,221.2 20,75,011.2 27,20,319.3 29,01,655.9 30,22,962.3 33,88,152.3 F. Miscellaneous General Services 31,109.6 60,407.2 21,910.6 59,132.9 91,762.3 1,12,128.1 1,624.7 1,743.8

of which:

Payment on account of State Lotteries 7,505.2 14,480.0 12,050.6 13,093.0 - - - - III. Grants-in-Aid and Contributions 3,29,607.4 5,53,380.8 5,90,398.7 6,79,110.3 5.2 7.0 7.0 8.0

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 3,29,607.4 5,53,380.8 5,90,398.7 6,79,110.3 5.2 7.0 7.0 8.0 230Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item SIKKIM TAMIL NADU 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 8,22,055.0 10,24,979.2 9,96,974.3 11,02,817.3 3,09,71,776.7 3,48,28,871.7 3,40,37,390.7 3,73,20,369.4 I. DEVELOPMENTAL EXPENDITURE (A + B) 4,84,272.2 6,03,552.4 6,11,413.3 6,32,240.3 1,72,81,837.1 1,94,13,669.9 1,90,38,621.6 2,04,97,099.6 A. Social Services (1 to 12) 2,88,947.9 3,49,034.6 3,45,842.6 3,39,980.6 1,01,24,550.9 1,19,46,582.8 1,15,78,725.0 1,28,96,320.5

1. Education, Sports, Art and Culture 1,39,459.4 1,65,401.1 1,63,705.7 1,73,034.0 46,21,301.1 52,97,000.6 47,76,140.7 55,71,589.3

2. Medical and Public Health 60,092.6 67,129.2 67,170.7 69,796.0 13,57,481.9 15,27,740.1 15,60,900.0 16,61,081.4

3. Family Welfare 2,006.9 2,306.4 2,306.4 2,159.5 2,98,214.5 3,29,894.4 3,89,259.6 3,41,537.2

4. Water Supply and Sanitation 7,344.5 11,976.4 12,450.9 10,741.1 49,997.5 83,584.0 55,318.3 72,274.1

5. Housing 19,351.6 13,025.9 13,195.9 11,989.5 2,61,160.5 4,25,259.5 4,55,146.5 3,66,558.1

6. Urban Development 5,791.9 10,917.4 11,102.7 11,034.9 1,34,644.6 1,99,708.1 79,215.1 1,96,800.2

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 9,815.1 9,647.6 9,702.3 6,057.8 4,26,215.5 4,43,553.1 4,69,171.4 4,74,190.4

8. Labour and Labour Welfare 1,428.3 2,015.9 1,994.2 2,348.3 1,02,031.4 1,18,556.4 1,08,299.8 3,22,331.1

9. Social Security and Welfare 18,934.8 29,059.5 25,871.7 30,866.9 20,89,675.4 28,41,763.9 28,78,100.7 29,46,770.9

10. Nutrition 3,699.0 2,199.6 2,204.8 3,079.7 4,87,157.8 5,93,459.6 6,33,364.3 6,73,244.8

11. Relief on account of Natural Calamities 15,779.6 29,885.0 30,803.5 13,020.9 2,17,771.7 1.9 79,881.6 1,71,556.9

12. Others* 5,244.3 5,470.6 5,333.9 5,851.9 78,899.1 86,061.3 93,927.2 98,386.1 B. Economic Services (1 to 9) 1,95,324.3 2,54,517.8 2,65,570.7 2,92,259.7 71,57,286.2 74,67,087.0 74,59,896.5 76,00,779.2

1. Agriculture and Allied Activities (i to xii) 65,949.0 88,258.0 88,255.2 1,06,498.9 19,65,856.3 22,15,972.3 20,42,897.1 21,73,960.3 i) Crop Husbandry 30,242.0 42,385.8 42,281.1 56,811.3 10,94,927.3 13,45,504.4 11,97,698.9 14,05,347.8 ii) Soil and Water Conservation 3,801.4 5,460.5 5,460.5 4,828.9 10,254.0 9,934.7 11,393.4 11,868.2 iii) Animal Husbandry 6,784.4 9,297.0 9,354.7 11,294.0 87,242.5 1,03,788.2 1,06,853.6 1,15,197.4 iv) Dairy Development 2,069.0 899.9 899.9 891.5 8,569.7 6,092.0 12,798.3 11,048.8 v) Fisheries 2,553.9 3,593.2 3,609.5 2,748.3 53,289.8 66,531.3 74,671.1 65,216.8 vi) Forestry and Wild Life 13,954.0 17,761.3 17,777.6 19,586.3 57,964.9 61,657.0 66,069.8 66,502.8 vii) Plantations 1,096.5 801.5 801.5 1,035.1 - - - - viii) Food Storage and Warehousing 3,193.6 4,339.4 4,373.6 5,237.3 - 0.0 0.0 5,000.0 ix) Agricultural Research and Education - - - - 1,04,402.3 1,07,833.8 1,07,340.2 1,10,200.6 x) Agricultural Finance Institutions - - - - xi) Co-operation 2,254.1 3,719.4 3,696.9 4,066.3 5,23,233.6 4,87,268.2 4,38,030.9 3,56,173.0 xii) Other Agricultural Programmes - - - - 25,972.2 27,362.7 28,040.8 27,404.9

2. Rural Development 27,721.6 40,582.8 40,686.4 45,184.4 6,76,330.9 6,62,001.9 7,41,331.2 8,33,522.4

3. Special Area Programmes 2,490.8 4,110.0 3,860.0 2,110.0 1,908.2 831.4 549.4 567.6

4. Irrigation and Flood Control 4,002.5 3,883.8 3,892.8 3,729.2 2,86,076.2 3,70,334.5 3,34,362.2 4,53,273.2

of which: i) Major and Medium Irrigation - - - - 2,51,058.9 3,27,331.0 2,96,030.7 4,12,092.2 ii) Minor Irrigation 3,034.5 3,883.8 3,892.8 3,729.2 14,108.9 15,842.1 15,770.8 16,838.5 iii) Flood Control and Drainage 968.0 0.0 0.0 0.0 20,908.4 27,161.3 22,560.8 24,342.4

5. Energy 42,393.0 45,657.8 56,148.8 54,097.8 24,03,718.8 21,21,124.6 22,84,585.2 15,28,571.5

of which: Power 244.3 255.8 255.8 246.2 24,03,687.5 21,20,991.6 22,84,477.6 15,28,468.9

6. Industry and Minerals (i to iii) 7,277.5 11,722.5 11,860.7 11,376.9 3,29,986.5 4,70,848.5 3,89,012.2 5,64,907.6 i) Village and Small Industries 5,430.0 8,276.3 8,433.5 8,483.3 2,41,818.7 2,70,292.9 2,79,059.8 3,18,254.4 ii) Industries@ 1,737.5 3,446.3 3,427.3 2,893.6 88,167.8 2,00,555.7 1,09,952.3 2,46,653.3 iii) Others** 110.0 - - - - - - - 231State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item SIKKIM TAMIL NADU 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 37,876.4 42,221.1 42,183.1 49,383.5 3,30,349.4 4,23,597.7 3,84,961.3 4,90,543.0 i) Roads and Bridges 30,107.1 32,916.9 32,841.0 39,222.1 1,42,048.5 1,52,360.4 1,51,645.7 1,85,762.3 ii) Others @@ 7,769.3 9,304.2 9,342.1 10,161.4 1,88,300.9 2,71,237.3 2,33,315.6 3,04,780.7

8. Science, Technology and Environment 1,265.9 2,282.7 2,863.2 3,031.3 4,587.1 5,051.6 6,747.7 8,100.8

9. General Economic Services (i to iv) 6,347.6 15,799.3 15,820.5 16,847.8 11,58,472.9 11,97,324.6 12,75,450.3 15,47,332.8 i) Secretariat– Economic Services 546.6 6,750.4 6,761.9 7,536.1 11,597.2 13,114.2 13,827.4 14,078.2 ii) Tourism 3,920.8 6,766.0 6,777.0 6,459.2 3,704.0 3,820.2 5,123.0 4,000.8 iii) Civil Supplies 272.9 361.6 367.3 382.1 11,20,829.7 11,33,521.6 12,13,325.7 14,80,229.8 iv) Others + 1,607.3 1,921.4 1,914.4 2,470.4 22,342.1 46,868.6 43,174.3 49,023.9 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 3,28,195.3 4,06,803.0 3,69,416.1 4,56,223.8 1,13,33,568.6 1,29,33,538.8 1,25,88,537.9 1,41,38,085.5 A. Organs of State 18,851.5 18,384.6 18,838.1 18,064.6 2,47,005.5 3,47,313.7 3,98,640.9 2,86,253.5 B. Fiscal Services (i + ii) 8,965.1 11,447.9 11,568.3 11,576.8 1,79,400.4 1,95,130.0 2,18,666.5 2,19,177.1 i) Collection of Taxes and Duties 8,920.1 11,423.9 11,544.3 11,532.8 1,78,612.6 1,94,277.7 2,17,842.7 2,18,290.6 ii) Other Fiscal Services 45.0 24.0 24.0 44.0 787.9 852.3 823.8 886.4 C. Interest Payments and Servicing of Debt (1 + 2) 83,862.9 93,834.3 95,013.7 1,09,237.2 54,84,885.2 63,63,426.8 60,63,190.1 70,84,932.7

1. Appropriation for Reduction or Avoidance of Debt 1,500.0 2,000.0 2,000.0 2,100.0 1,28,315.9 1,17,839.4 27,468.9 1,73,572.0

2. Interest Payments (i to iv) 82,362.9 91,834.3 93,013.7 1,07,137.2 53,56,569.3 62,45,587.4 60,35,721.2 69,11,360.7 i) Interest on Loans from the Centre 650.8 618.1 618.1 679.9 1,64,441.3 2,24,754.8 2,17,995.8 2,51,763.2 ii) Interest on Internal Debt 72,232.8 80,796.2 81,975.6 96,557.3 44,08,270.8 50,31,046.0 49,23,461.6 56,64,512.9

of which:

(a) Interest on Market Loans 69,894.3 78,335.7 79,515.2 94,214.1 41,41,753.5 47,60,293.6 46,98,706.7 54,21,541.6

(b) Interest on NSSF 907.4 772.2 772.2 636.9 1,18,472.5 1,01,109.2 1,01,109.2 83,746.0 iii) Interest on Small Savings, State Provident Funds, etc. 9,045.4 9,420.0 9,420.0 8,900.0 7,48,084.0 9,70,461.2 8,72,108.0 9,66,650.1 iv) Others 434.0 1,000.0 1,000.0 1,000.0 35,773.1 19,325.5 22,155.9 28,434.5 D. Administrative Services (i to v) 83,759.1 99,997.0 98,656.8 1,06,132.3 15,24,682.6 17,12,764.7 16,75,207.2 18,76,319.3 i) Secretariat– General Services 9,518.3 10,280.3 10,068.8 12,183.0 35,311.0 42,934.4 46,120.6 67,769.4 ii) District Administration 4,169.6 4,858.2 4,949.2 7,000.6 1,89,204.3 2,00,712.1 2,03,478.1 2,53,318.5 iii) Police 52,860.7 61,019.8 59,822.1 62,923.4 10,29,993.1 11,55,199.1 11,11,700.4 12,30,550.7 iv) Public Works 4,870.0 6,053.4 6,040.1 6,254.0 67,947.3 91,838.5 87,819.4 89,524.2 v) Others ++ 12,340.5 17,785.3 17,776.6 17,771.2 2,02,227.0 2,22,080.6 2,26,088.7 2,35,156.5 E. Pensions 1,30,108.6 1,51,278.7 1,40,478.7 1,76,224.0 37,69,680.9 42,50,925.0 41,43,744.8 46,21,408.7 F. Miscellaneous General Services 2,648.1 31,860.5 4,860.5 34,989.0 1,27,914.1 63,978.6 89,088.4 49,994.3

of which:

Payment on account of State Lotteries 298.7 372.4 372.4 378.1 - - - - III. Grants-in-Aid and Contributions 9,587.6 14,623.8 16,144.9 14,353.3 23,56,370.9 24,81,663.1 24,10,231.3 26,85,184.3

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 9,587.6 14,623.8 16,144.9 14,353.3 23,56,370.9 24,81,663.1 24,10,231.3 26,85,184.3 232Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item TELANGANA TRIPURA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 1,68,51,408.8 2,20,94,481.3 1,96,21,898.0 2,26,98,228.9 18,34,204.6 21,17,087.3 22,56,864.3 24,52,017.8 I. DEVELOPMENTAL EXPENDITURE (A + B) 1,12,86,845.5 1,77,17,343.9 1,52,51,724.7 1,78,68,850.3 10,38,346.5 12,16,779.0 13,18,264.0 14,77,877.9 A. Social Services (1 to 12) 58,61,010.4 91,43,722.9 81,12,542.5 1,10,96,666.2 7,60,562.1 8,25,384.0 9,09,562.7 10,43,131.9

1. Education, Sports, Art and Culture 19,18,473.6 20,57,598.3 20,25,976.1 22,58,055.8 2,47,206.1 3,12,439.6 3,37,656.4 3,54,208.9

2. Medical and Public Health 6,05,150.0 7,40,478.4 7,12,269.4 8,29,128.9 89,116.5 1,08,746.0 1,11,398.5 1,16,999.7

3. Family Welfare 2,06,900.8 2,14,862.1 1,94,930.8 2,47,891.6 28,131.9 38,345.6 55,839.6 60,218.5

4. Water Supply and Sanitation 1,17,730.6 94,333.9 85,254.5 1,15,426.7 27,230.4 33,683.0 33,948.2 37,696.5

5. Housing 41,265.1 7,76,075.6 1,33,753.5 12,60,215.7 1,36,934.9 21,696.0 32,153.5 1,40,000.0

6. Urban Development 3,36,626.2 10,67,000.4 8,68,479.5 12,73,142.0 29,835.7 30,650.9 24,900.6 30,043.6

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 9,67,216.7 18,89,980.4 18,12,885.2 27,02,293.2 57,101.2 78,674.8 78,492.7 84,453.8

8. Labour and Labour Welfare 26,894.2 39,313.3 39,070.7 41,739.4 5,180.0 6,829.0 6,552.3 8,260.1

9. Social Security and Welfare 13,25,072.1 17,96,057.0 17,71,173.8 18,92,562.4 1,16,821.3 1,64,499.4 1,79,202.6 1,80,023.9

10. Nutrition 1,67,740.8 3,91,462.6 3,91,312.6 3,98,638.9 8,104.2 14,140.8 14,035.9 15,441.9

11. Relief on account of Natural Calamities 77,973.4 10,355.7 33,994.3 10,421.1 8,386.7 8,862.0 28,435.7 8,492.0

12. Others* 69,967.0 66,205.3 43,442.3 67,150.7 6,513.2 6,817.0 6,946.8 7,293.1 B. Economic Services (1 to 9) 54,25,835.1 85,73,621.0 71,39,182.3 67,72,184.1 2,77,784.3 3,91,395.0 4,08,701.3 4,34,746.0

1. Agriculture and Allied Activities (i to xii) 29,55,884.8 51,17,646.7 40,77,379.6 26,34,423.4 86,756.6 1,14,090.9 1,18,882.1 1,26,209.6 i) Crop Husbandry 15,70,638.2 22,64,890.2 19,45,373.6 23,64,653.4 41,682.8 48,625.9 54,121.7 57,537.2 ii) Soil and Water Conservation 1,537.6 4,502.4 4,502.4 4,647.0 3,269.3 7,010.9 7,876.9 5,747.2 iii) Animal Husbandry 52,322.0 63,656.7 63,894.5 69,158.5 12,744.7 15,105.8 15,135.8 16,498.4 iv) Dairy Development 6,000.0 - - 3,200.0 144.4 265.0 265.0 253.0 v) Fisheries 4,409.1 29,048.3 27,177.1 24,037.1 7,815.2 9,288.0 10,290.1 8,613.4 vi) Forestry and Wild Life 43,713.9 81,181.0 79,791.6 77,262.4 14,108.5 25,267.0 22,384.0 27,748.2 vii) Plantations - - - - - - - - viii) Food Storage and Warehousing 2,884.0 4,450.6 4,950.6 11,184.3 4,021.3 4,612.7 4,632.6 4,928.1 ix) Agricultural Research and Education 45,665.6 53,979.3 51,793.6 63,016.3 817.6 1,087.8 1,078.1 1,272.1 x) Agricultural Finance Institutions - - - - - - - - xi) Co-operation 14,387.5 14,687.1 14,670.1 15,850.0 2,152.8 2,828.0 3,097.9 3,612.0 xii) Other Agricultural Programmes 12,14,326.8 26,01,251.1 18,85,226.3 1,414.5 - - - -

2. Rural Development 4,73,304.2 6,85,568.1 6,66,375.9 6,86,120.4 1,13,935.5 1,78,460.9 1,55,126.8 1,85,489.0

3. Special Area Programmes - - - - - 104.0 2.0 3.0

4. Irrigation and Flood Control 50,140.4 81,073.8 81,063.3 82,571.8 7,006.9 8,919.0 8,485.3 9,563.2

of which: i) Major and Medium Irrigation 45,012.2 73,452.9 73,449.9 74,738.7 77.6 500.0 340.0 500.0 ii) Minor Irrigation 3,304.9 4,803.1 4,795.6 4,961.2 4,208.7 5,392.0 5,138.3 1,158.2 iii) Flood Control and Drainage - - - - 2,720.5 3,027.0 3,007.0 7,905.0

5. Energy 15,94,476.3 16,25,352.7 14,58,224.3 19,61,700.3 9,943.4 14,675.0 22,648.7 18,557.1

of which: Power 15,93,073.3 16,24,001.6 14,56,925.2 18,60,217.5 9,943.4 14,675.0 22,648.7 18,557.1

6. Industry and Minerals (i to iii) 41,516.4 2,42,123.4 1,48,974.4 3,46,215.4 8,959.8 11,069.1 12,245.2 13,303.8 i) Village and Small Industries 6,852.1 1,01,689.8 51,844.9 1,09,842.3 8,023.0 9,539.1 10,955.2 11,591.8 ii) Industries@ 29,802.7 1,34,045.7 95,584.1 2,30,204.1 936.8 1,530.0 1,290.0 1,712.0 iii) Others** 4,861.6 6,387.9 1,545.5 6,169.0 - - - - 233State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item TELANGANA TRIPURA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 2,47,813.6 5,77,950.0 5,74,039.7 5,94,404.2 36,725.2 41,290.0 60,779.8 56,768.7 i) Roads and Bridges 1,48,562.1 1,66,382.2 1,66,382.2 1,60,738.0 34,914.6 39,380.0 58,312.8 54,483.7 ii) Others @@ 99,251.5 4,11,567.7 4,07,657.5 4,33,666.2 1,810.5 1,910.0 2,467.0 2,285.0

8. Science, Technology and Environment 591.5 4,408.9 1,428.8 4,319.2 1,183.7 1,604.3 1,575.8 2,504.0

9. General Economic Services (i to iv) 62,107.9 2,39,497.6 1,31,696.3 4,62,429.4 13,273.4 21,181.8 28,955.8 22,347.6 i) Secretariat– Economic Services 29,338.5 94,690.6 36,798.4 1,02,309.9 3,252.9 5,398.0 6,154.4 5,643.9 ii) Tourism 5,813.9 52,433.3 2,587.7 77,018.5 1,187.4 1,098.0 1,307.7 1,509.8 iii) Civil Supplies 15,702.8 80,738.7 80,738.7 2,70,299.1 7,539.9 12,495.5 18,889.5 12,181.3 iv) Others + 11,252.8 11,635.0 11,571.5 12,801.9 1,293.3 2,190.3 2,604.3 3,012.6 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 55,64,563.3 43,76,127.4 43,69,163.2 48,28,368.6 7,51,921.2 8,48,923.3 8,69,288.8 9,10,496.9 A. Organs of State 2,03,534.6 1,77,106.2 1,84,803.0 2,00,291.1 31,165.4 43,329.2 42,630.0 31,719.3 B. Fiscal Services (i + ii) 1,12,962.1 1,12,176.0 1,11,869.0 1,34,049.9 8,881.6 10,399.4 11,393.1 11,501.1 i) Collection of Taxes and Duties 1,12,962.1 1,12,176.0 1,11,869.0 1,34,049.9 8,488.1 9,826.6 10,839.2 10,968.3 ii) Other Fiscal Services - - - - 393.5 572.8 553.8 532.8 C. Interest Payments and Servicing of Debt (1 + 2) 24,34,718.9 17,73,102.3 17,73,102.3 19,37,027.3 1,43,436.7 1,58,607.2 1,50,742.4 1,54,684.0

1. Appropriation for Reduction or Avoidance of Debt - 125.0 125.0 125.0 10,094.6 10,000.0 10,000.0 10,000.0

2. Interest Payments (i to iv) 24,34,718.9 17,72,977.3 17,72,977.3 19,36,902.3 1,33,342.1 1,48,607.2 1,40,742.4 1,44,684.0 i) Interest on Loans from the Centre 10,708.5 26,431.7 26,431.7 11,103.1 849.5 933.0 1,427.0 1,017.0 ii) Interest on Internal Debt 23,22,814.6 16,64,120.6 16,64,120.6 18,43,374.2 89,824.8 1,00,270.0 89,901.0 95,470.0

of which:

(a) Interest on Market Loans 21,56,721.8 15,26,193.2 15,26,193.2 17,26,193.0 77,214.8 85,000.0 75,000.0 80,000.0

(b) Interest on NSSF 53,261.4 55,768.0 55,768.0 42,442.1 6,872.0 9,000.0 7,500.0 8,000.0 iii) Interest on Small Savings, State Provident Funds, etc. 1,01,195.8 82,425.0 82,425.0 82,425.0 42,546.2 45,900.0 45,945.0 46,525.0 iv) Others - - - - 121.6 1,504.2 3,469.4 1,672.0 D. Administrative Services (i to v) 11,29,127.0 11,49,234.7 11,34,880.7 12,45,663.0 2,61,612.7 3,15,126.4 3,11,537.2 3,30,094.3 i) Secretariat– General Services 24,662.8 80,423.6 74,078.9 95,611.0 9,046.2 18,648.6 11,774.4 15,895.5 ii) District Administration 86,961.4 77,577.8 77,573.1 86,343.3 11,825.0 14,211.6 14,518.8 14,889.6 iii) Police 8,94,038.2 8,50,528.3 8,48,187.4 9,19,046.1 1,81,618.0 2,13,022.5 2,14,506.8 2,24,636.8 iv) Public Works 30,776.5 35,686.1 35,686.1 36,286.3 37,725.3 44,754.9 46,660.9 48,507.8 v) Others ++ 92,688.1 1,05,019.0 99,355.2 1,08,376.4 21,398.1 24,488.8 24,076.2 26,164.5 E. Pensions 16,84,154.9 11,64,138.3 11,64,138.3 13,10,967.3 3,06,539.5 3,21,160.0 3,52,685.0 3,82,195.0 F. Miscellaneous General Services 65.8 370.0 370.0 370.0 285.3 301.2 301.2 303.2

of which:

Payment on account of State Lotteries - - - - 0.2 1.0 1.0 3.0 III. Grants-in-Aid and Contributions - 1,010.0 1,010.0 1,010.0 43,936.9 51,385.0 69,311.5 63,643.0

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions - 1,010.0 1,010.0 1,010.0 43,936.9 51,385.0 69,311.5 63,643.0 234Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item UTTARAKHAND UTTAR PRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 47,27,395.8 55,81,577.4 56,38,329.9 59,95,465.2 4,29,78,786.7 5,32,65,532.7 4,88,59,844.9 5,83,17,457.4 I. DEVELOPMENTAL EXPENDITURE (A + B) 27,13,793.6 30,98,592.2 31,98,853.9 32,51,750.1 2,51,25,570.5 3,00,23,751.7 2,79,26,854.0 3,13,41,477.5 A. Social Services (1 to 12) 19,65,317.4 22,08,727.2 23,17,537.6 22,94,387.7 1,50,98,633.0 1,91,50,627.8 1,70,87,491.4 2,02,28,987.4

1. Education, Sports, Art and Culture 9,74,470.5 10,97,328.6 11,15,132.4 11,59,468.3 69,17,188.5 92,16,948.3 77,74,333.6 94,81,707.9

2. Medical and Public Health 3,61,371.0 4,22,545.4 4,02,661.0 4,38,198.9 15,74,721.5 22,24,943.3 19,30,629.3 24,66,946.2

3. Family Welfare 17,516.7 20,344.1 16,507.5 16,802.5 8,79,333.1 11,97,211.1 9,55,509.0 13,05,685.3

4. Water Supply and Sanitation 81,273.6 74,371.0 77,891.0 1,08,884.0 1,20,253.0 4,60,377.7 4,60,333.5 4,40,052.2

5. Housing 969.8 2,412.6 2,412.6 1,964.4 52,511.6 52,918.1 49,518.0 57,417.2

6. Urban Development 41,766.9 51,570.4 59,176.4 30,553.8 23,33,087.7 18,02,439.0 18,07,813.6 19,83,353.5

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 17,394.7 33,837.6 34,591.1 26,658.1 4,07,131.9 5,50,384.2 5,37,205.4 6,20,178.4

8. Labour and Labour Welfare 26,475.2 21,377.8 21,014.5 25,837.8 1,68,351.6 2,36,098.3 2,22,681.8 2,21,990.9

9. Social Security and Welfare 2,81,084.2 2,99,141.8 2,95,667.1 3,04,703.0 21,83,319.8 28,85,381.6 27,80,728.0 31,69,850.2

10. Nutrition - - - - - - - -

11. Relief on account of Natural Calamities 1,36,955.5 1,48,225.6 2,32,241.6 1,40,576.4 3,10,397.9 4,07,994.0 4,06,284.8 3,64,143.8

12. Others* 26,039.4 37,572.5 60,242.5 40,740.7 1,52,336.4 1,15,932.2 1,62,454.5 1,17,661.8 B. Economic Services (1 to 9) 7,48,476.2 8,89,865.0 8,81,316.3 9,57,362.3 1,00,26,937.5 1,08,73,123.9 1,08,39,362.6 1,11,12,490.1

1. Agriculture and Allied Activities (i to xii) 2,79,501.5 3,31,050.4 3,30,960.4 3,82,536.2 11,43,644.5 17,76,405.5 16,98,237.1 19,80,262.6 i) Crop Husbandry 98,223.2 1,06,997.9 1,13,269.8 1,29,697.8 5,74,145.1 8,90,675.7 8,37,217.7 9,51,566.4 ii) Soil and Water Conservation - - - - 60,495.9 1,34,792.5 1,21,345.5 1,32,057.8 iii) Animal Husbandry 36,014.2 48,180.9 45,037.5 53,468.3 2,50,496.7 3,26,130.1 3,70,333.2 4,49,859.5 iv) Dairy Development 10,684.1 10,285.7 11,297.4 9,494.2 18,232.5 26,359.3 23,694.9 39,429.8 v) Fisheries 5,292.2 10,815.0 9,209.8 24,626.1 17,355.5 49,381.4 43,443.4 49,385.5 vi) Forestry and Wild Life 76,728.4 97,040.9 91,658.5 1,06,114.2 73,472.0 1,05,615.0 88,720.7 1,09,263.1 vii) Plantations - - - - 488.1 0.3 0.3 - viii) Food Storage and Warehousing 15,582.4 25,368.4 25,449.9 24,683.6 36,180.7 50,072.8 40,068.6 53,746.0 ix) Agricultural Research and Education 23,880.1 15,677.9 15,677.9 18,305.5 30,764.9 44,165.0 37,313.2 44,432.4 x) Agricultural Finance Institutions - - - - - - - - xi) Co-operation 13,096.9 16,683.7 19,359.7 16,146.6 79,132.0 1,43,708.1 1,31,386.8 1,44,913.5 xii) Other Agricultural Programmes - - - - 2,881.2 5,505.4 4,713.0 5,608.7

2. Rural Development 2,45,552.5 2,96,341.8 2,70,266.3 2,71,955.0 22,02,236.3 27,39,817.7 23,77,834.6 26,63,620.0

3. Special Area Programmes - - - - - 9,869.0 7,896.2 5,922.0

4. Irrigation and Flood Control 52,669.2 63,814.9 64,057.0 70,884.8 9,90,178.0 13,20,007.1 11,84,096.2 13,86,911.6

of which: i) Major and Medium Irrigation 46,697.0 55,612.5 54,652.5 60,906.0 6,19,684.2 9,03,827.6 7,80,155.2 9,63,433.8 ii) Minor Irrigation 4,156.1 5,602.4 5,604.4 5,628.8 3,24,862.8 3,26,955.8 3,16,957.2 3,33,936.2 iii) Flood Control and Drainage 1,816.2 2,600.0 3,800.0 4,350.0 36,921.1 57,133.5 57,133.5 62,875.6

5. Energy 3,748.3 4,395.6 4,505.8 9,574.1 33,56,334.5 26,18,195.0 32,16,017.6 27,87,869.2

of which: Power - - - - 32,92,534.0 25,30,000.0 31,34,107.9 26,90,000.0

6. Industry and Minerals (i to iii) 26,322.2 29,285.5 31,321.0 32,225.2 11,25,195.5 13,20,150.8 12,78,815.4 11,43,295.1 i) Village and Small Industries 24,682.7 24,046.5 26,046.5 27,407.2 2,51,383.1 3,18,096.0 2,83,771.6 3,46,588.6 ii) Industries@ 1,639.5 5,239.0 5,274.5 4,818.0 8,56,143.6 9,23,694.5 8,12,333.7 6,90,654.3 iii) Others** - - - - 17,668.8 78,360.2 1,82,710.2 1,06,052.2 235State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item UTTARAKHAND UTTAR PRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 1,06,572.8 1,18,291.3 1,31,197.3 1,21,798.4 10,47,195.6 7,71,269.1 8,15,627.6 8,88,795.8 i) Roads and Bridges 88,656.1 95,072.0 1,04,472.0 93,857.0 10,22,854.1 7,04,615.0 7,56,468.0 8,13,840.8 ii) Others @@ 17,916.7 23,219.3 26,725.3 27,941.4 24,341.5 66,654.2 59,159.6 74,955.0

8. Science, Technology and Environment 8,284.3 6,849.3 7,159.2 12,096.5 6,891.9 10,592.7 9,202.5 11,907.1

9. General Economic Services (i to iv) 25,825.4 39,836.2 41,849.3 56,292.1 1,55,261.3 3,06,817.1 2,51,635.3 2,43,906.8 i) Secretariat– Economic Services 3,860.2 9,758.9 12,567.9 23,325.4 13,253.7 24,025.6 19,495.0 24,898.7 ii) Tourism 14,978.5 18,688.1 20,274.6 21,501.1 20,351.8 21,622.6 21,715.8 23,478.0 iii) Civil Supplies 3,844.6 7,007.3 5,007.3 6,981.2 99,479.2 2,30,624.5 1,84,596.7 1,60,950.5 iv) Others + 3,142.2 4,382.0 3,999.6 4,484.4 22,176.6 30,544.4 25,827.9 34,579.6 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 17,57,863.0 21,14,218.3 20,78,320.0 23,46,908.2 1,54,81,910.5 2,08,41,779.0 1,85,32,989.1 2,42,75,979.9 A. Organs of State 57,762.7 87,997.2 85,559.8 74,743.3 5,90,489.9 8,05,963.7 7,74,747.6 8,05,407.6 B. Fiscal Services (i + ii) 44,790.0 58,341.7 51,491.2 57,956.0 4,66,608.5 9,56,590.1 7,76,372.7 10,26,662.5 i) Collection of Taxes and Duties 44,539.0 58,341.7 51,491.2 57,956.0 4,64,340.2 9,53,855.3 7,74,157.3 10,23,915.7 ii) Other Fiscal Services 251.0 - - - 2,268.2 2,734.8 2,215.4 2,746.8 C. Interest Payments and Servicing of Debt (1 + 2) 5,30,245.3 6,98,644.4 6,98,644.4 7,44,014.1 48,77,731.3 56,21,199.3 58,30,427.2 77,09,595.2

1. Appropriation for Reduction or Avoidance of Debt 11,000.0 35,000.0 35,000.0 45,000.0 1,50,000.0 2,50,000.0 4,50,000.0 13,00,000.0

2. Interest Payments (i to iv) 5,19,245.3 6,63,644.4 6,63,644.4 6,99,014.1 47,27,731.3 53,71,199.3 53,80,427.2 64,09,595.2 i) Interest on Loans from the Centre 7,611.7 8,000.0 8,000.0 7,200.0 47,939.8 20,248.5 37,400.6 34,755.2 ii) Interest on Internal Debt 4,15,370.7 5,48,317.3 5,48,317.3 5,69,941.3 41,16,211.1 46,91,948.7 47,57,745.7 51,66,310.1

of which:

(a) Interest on Market Loans 3,47,831.1 4,40,015.3 4,40,015.3 4,95,539.3 34,00,622.6 40,21,387.4 41,27,188.4 45,80,288.4

(b) Interest on NSSF 50,391.9 70,000.0 70,000.0 50,000.0 3,36,660.3 2,87,213.7 2,87,213.7 2,38,559.8 iii) Interest on Small Savings, State Provident Funds, etc. 66,180.4 84,750.0 84,750.0 84,800.1 4,78,144.4 6,22,889.0 5,39,939.9 11,32,230.0 iv) Others 30,082.4 22,577.0 22,577.0 37,072.8 85,436.0 36,113.0 45,341.0 76,300.0 D. Administrative Services (i to v) 3,78,507.9 4,54,383.9 4,27,773.5 4,78,154.1 33,52,502.7 46,85,233.1 38,84,476.2 49,58,782.1 i) Secretariat– General Services 31,103.8 43,194.8 35,569.0 35,057.2 69,323.3 1,06,309.8 88,427.3 1,14,847.3 ii) District Administration 19,212.2 25,103.3 23,705.3 25,600.5 1,26,190.5 1,43,849.0 1,20,723.1 1,54,328.2 iii) Police 2,26,493.3 2,60,034.9 2,53,030.6 2,78,148.8 25,31,480.9 33,01,830.6 26,76,704.8 34,50,386.4 iv) Public Works 48,168.2 65,378.7 55,465.1 69,203.1 34,359.2 3,73,377.2 3,03,695.3 3,90,751.8 v) Others ++ 53,530.4 60,672.2 60,003.4 70,144.4 5,91,148.9 7,59,866.6 6,94,925.7 8,48,468.4 E. Pensions 7,59,748.7 8,14,550.2 8,14,550.2 9,91,740.2 62,45,711.6 86,48,757.0 70,99,885.2 90,72,038.2 F. Miscellaneous General Services -13,191.5 301.0 301.0 300.5 -51,133.4 1,24,035.9 1,67,080.2 7,03,494.3

of which:

Payment on account of State Lotteries - - - - - - - - III. Grants-in-Aid and Contributions 2,55,739.2 3,68,766.8 3,61,156.0 3,96,807.0 23,71,305.8 24,00,002.0 24,00,001.8 27,00,000.0

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 2,55,739.2 3,68,766.8 3,61,156.0 3,96,807.0 23,71,305.8 24,00,002.0 24,00,001.8 27,00,000.0 236Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item WEST BENGAL 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 2,25,95,947.4 2,68,20,275.7 2,70,85,244.8 3,01,37,537.0 I. DEVELOPMENTAL EXPENDITURE (A + B) 1,40,96,171.7 1,78,36,227.1 1,78,33,609.7 2,05,16,116.4 A. Social Services (1 to 12) 1,03,03,126.8 1,32,78,454.1 1,38,22,684.2 1,58,87,968.7

1. Education, Sports, Art and Culture 38,62,776.6 46,24,279.0 48,60,703.5 49,39,873.6

2. Medical and Public Health 14,25,040.1 15,79,758.4 18,25,929.2 17,37,076.6

3. Family Welfare 1,63,001.6 1,38,630.6 1,54,058.0 1,86,795.8

4. Water Supply and Sanitation 1,72,418.2 1,91,497.9 3,14,065.1 3,47,826.3

5. Housing 31,564.9 7,04,326.0 9,25,776.1 22,55,518.7

6. Urban Development 9,12,288.9 8,43,566.5 8,26,954.8 9,17,581.1

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 4,46,579.5 5,74,106.2 5,48,707.9 6,32,615.8

8. Labour and Labour Welfare 68,364.0 82,093.9 75,584.8 83,663.9

9. Social Security and Welfare 27,97,773.9 41,20,222.1 38,43,570.3 42,99,291.9

10. Nutrition 1,79,809.2 1,59,208.1 1,86,479.1 1,62,981.5

11. Relief on account of Natural Calamities 1,62,657.1 1,76,179.3 1,88,999.2 2,34,661.2

12. Others* 80,853.0 84,586.4 71,856.4 90,082.3 B. Economic Services (1 to 9) 37,93,044.9 45,57,773.0 40,10,925.5 46,28,147.7

1. Agriculture and Allied Activities (i to xii) 16,37,078.7 21,53,174.5 21,34,059.4 22,22,969.3 i) Crop Husbandry 7,55,885.1 8,34,737.9 8,17,379.6 8,11,202.5 ii) Soil and Water Conservation 9,322.1 8,683.7 10,010.0 5,248.7 iii) Animal Husbandry 74,689.5 93,183.7 83,213.4 97,116.8 iv) Dairy Development 8,038.3 9,591.5 8,239.5 9,081.0 v) Fisheries 19,892.2 36,817.3 25,223.0 37,600.4 vi) Forestry and Wild Life 64,607.2 85,334.7 72,836.3 93,854.9 vii) Plantations - - - - viii) Food Storage and Warehousing 6,31,962.4 9,71,503.9 10,11,441.2 9,76,262.4 ix) Agricultural Research and Education 21,596.9 28,011.3 23,135.6 25,244.4 x) Agricultural Finance Institutions - xi) Co-operation 36,839.8 50,007.5 44,199.4 52,173.4 xii) Other Agricultural Programmes 14,245.3 35,302.9 38,381.3 1,15,184.8

2. Rural Development 13,20,097.3 15,57,479.1 9,70,713.4 13,56,871.0

3. Special Area Programmes 1,36,231.5 1,58,153.7 1,48,415.2 1,63,237.9

4. Irrigation and Flood Control 1,46,521.5 1,67,002.3 1,64,520.8 2,11,248.7

of which: i) Major and Medium Irrigation 33,508.7 36,848.9 34,111.0 39,482.7 ii) Minor Irrigation 54,999.6 62,437.0 64,286.0 71,455.4 iii) Flood Control and Drainage 58,013.2 67,716.4 66,123.8 1,00,310.6

5. Energy 2,88,746.2 1,73,022.4 2,33,243.7 1,91,391.1

of which: Power 2,88,445.0 1,68,990.0 2,28,942.0 1,89,110.0

6. Industry and Minerals (i to iii) 39,180.7 1,08,610.3 77,988.9 1,11,275.7 i) Village and Small Industries 29,023.2 65,624.0 53,352.0 72,995.0 ii) Industries@ 10,157.5 42,986.3 24,636.9 38,280.7 iii) Others** - - - - 237State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item WEST BENGAL 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5

7. Transport and Communications (i + ii) 1,81,829.0 1,58,622.0 1,93,786.0 2,67,852.8 i) Roads and Bridges 87,267.3 60,629.8 98,017.1 1,65,300.7 ii) Others @@ 94,561.7 97,992.2 95,768.8 1,02,552.1

8. Science, Technology and Environment 5,094.4 14,952.4 10,499.6 15,460.1

9. General Economic Services (i to iv) 38,265.7 66,756.4 77,698.6 87,841.2 i) Secretariat– Economic Services 18,774.7 20,395.0 45,755.7 33,225.7 ii) Tourism 7,057.2 29,537.1 13,650.6 30,068.3 iii) Civil Supplies 7,340.3 10,139.6 11,801.6 16,411.0 iv) Others + 5,093.5 6,684.7 6,490.7 8,136.2 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 84,27,641.5 88,39,093.9 91,55,614.5 94,77,027.5 A. Organs of State 2,28,780.3 2,42,393.4 3,08,838.3 2,39,422.8 B. Fiscal Services (i + ii) 1,50,980.9 1,70,519.0 1,70,988.3 1,87,015.1 i) Collection of Taxes and Duties 1,49,918.3 1,69,459.0 1,69,807.3 1,85,742.1 ii) Other Fiscal Services 1,062.6 1,059.9 1,181.0 1,273.1 C. Interest Payments and Servicing of Debt (1 + 2) 42,82,088.2 45,46,883.5 46,81,541.9 48,97,841.8

1. Appropriation for Reduction or Avoidance of Debt 20,000.0 20,000.0 60,000.0 20,000.0

2. Interest Payments (i to iv) 42,62,088.2 45,26,883.5 46,21,541.9 48,77,841.8 i) Interest on Loans from the Centre 30,748.3 27,356.9 25,405.9 19,905.9 ii) Interest on Internal Debt 37,28,774.6 40,41,634.9 40,59,054.1 43,08,993.3

of which:

(a) Interest on Market Loans 32,62,357.2 36,28,441.9 36,48,634.9 39,57,242.9

(b) Interest on NSSF 4,23,989.3 3,65,187.8 3,62,263.2 3,02,582.4 iii) Interest on Small Savings, State Provident Funds, etc. 1,72,887.7 1,75,990.9 1,75,781.0 1,77,250.8 iv) Others 3,29,677.6 2,81,900.8 3,61,300.9 3,71,691.9 D. Administrative Services (i to v) 12,89,362.1 13,86,316.0 14,34,572.2 15,32,236.8 i) Secretariat– General Services 36,885.3 42,714.1 41,973.2 45,203.9 ii) District Administration 27,262.3 31,518.6 29,431.5 30,760.5 iii) Police 9,99,119.1 10,55,071.6 11,12,845.0 11,89,117.2 iv) Public Works 75,825.7 86,369.6 79,754.4 85,096.0 v) Others ++ 1,50,269.7 1,70,642.2 1,70,568.1 1,82,059.3 E. Pensions 24,35,969.1 24,71,018.7 25,30,169.6 25,90,516.0 F. Miscellaneous General Services 40,461.0 21,963.5 29,504.3 29,995.1

of which:

Payment on account of State Lotteries 0.2 1,060.6 30.8 30.8 III. Grants-in-Aid and Contributions 72,134.2 1,44,954.6 96,020.6 1,44,393.0

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 72,134.2 1,44,954.6 96,020.6 1,44,393.0 238Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item DELHI PUDUCHERRY 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 50,33,549.1 60,91,075.3 54,70,573.8 71,88,451.5 10,06,644.8 10,96,980.3 11,57,266.6 11,62,472.0 I. DEVELOPMENTAL EXPENDITURE (A + B) 37,95,442.0 46,84,461.4 40,55,991.6 55,82,430.2 6,95,939.3 7,82,752.3 8,29,893.1 8,28,451.3 A. Social Services (1 to 12) 28,18,198.4 37,17,315.2 31,13,129.3 45,29,071.6 3,81,356.8 4,05,844.9 4,42,346.9 4,17,066.8

1. Education, Sports, Art and Culture 13,95,899.3 15,85,620.7 15,52,227.9 17,45,259.8 1,24,640.6 1,24,204.9 1,25,268.1 1,34,074.6

2. Medical and Public Health 6,57,304.7 7,74,156.0 7,64,967.3 9,25,752.0 84,033.5 95,700.9 96,022.2 97,156.7

3. Family Welfare 10,717.4 27,193.0 13,411.7 18,420.0 1,725.9 2,234.1 1,776.3 2,088.2

4. Water Supply and Sanitation 1,82,846.9 3,44,201.0 1,58,925.0 4,91,718.0 14,155.0 14,788.0 13,150.0 13,992.9

5. Housing 17,865.3 18,954.0 19,891.8 36,821.6 6,326.0 5,582.3 6,952.9 9,251.1

6. Urban Development 1,29,451.6 2,71,400.7 1,22,042.8 2,35,820.1 42,286.0 43,239.5 57,178.5 33,305.3

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 8,383.4 13,335.3 15,870.2 15,801.1 20,185.7 22,101.0 21,765.6 22,456.9

8. Labour and Labour Welfare 16,890.8 26,156.6 21,149.6 26,339.8 4,210.6 4,412.3 4,453.0 4,642.5

9. Social Security and Welfare 3,78,332.3 6,27,278.6 4,29,579.1 10,08,675.9 77,398.2 86,266.9 88,268.0 91,808.3

10. Nutrition (0.1) 1,000.0 - 200.0 4,285.2 5,085.2 4,618.5 5,706.2

11. Relief on account of Natural Calamities 15,876.3 14,185.2 8,798.0 9,749.0 1,226.9 1,075.4 21,682.3 1,039.9

12. Others* 4,630.5 13,834.1 6,266.1 14,514.3 883.2 1,154.4 1,211.6 1,544.2 B. Economic Services (1 to 9) 9,77,243.6 9,67,146.3 9,42,862.3 10,53,358.6 3,14,582.6 3,76,907.4 3,87,546.2 4,11,384.5

1. Agriculture and Allied Activities (i to xii) 16,164.7 20,149.5 18,003.0 21,094.1 55,420.3 58,946.8 60,165.3 74,983.2 i) Crop Husbandry 2,423.3 3,454.1 2,401.2 4,057.7 10,193.2 11,202.3 11,503.2 16,052.1 ii) Soil and Water Conservation 55.7 65.1 69.0 71.1 223.1 333.8 237.1 338.9 iii) Animal Husbandry 3,702.4 4,517.8 3,890.7 4,959.8 7,753.8 7,499.9 6,114.4 8,229.2 iv) Dairy Development 397.4 1,400.0 2,400.0 1,400.0 658.1 1,286.3 2,231.5 1,875.6 v) Fisheries 24.0 90.3 62.5 77.1 7,933.9 9,944.6 9,439.5 11,499.0 vi) Forestry and Wild Life 7,236.9 7,816.5 6,904.5 7,758.3 841.8 1,148.5 1,125.0 1,146.4 vii) Plantations - - - - - - - - viii) Food Storage and Warehousing - - - - 21,907.2 21,859.0 24,155.0 30,000.0 ix) Agricultural Research and Education 224.1 399.8 188.2 300.7 4,077.4 3,223.4 3,356.2 3,761.1 x) Agricultural Finance Institutions - - - - - - - - xi) Co-operation 1,847.5 2,049.0 1,864.0 2,058.0 1,212.9 1,333.7 1,470.0 1,263.1 xii) Other Agricultural Programmes 253.3 357.0 223.0 411.5 619.1 1,115.3 533.5 817.9

2. Rural Development 1,525.1 2,124.4 2,109.5 2,457.3 7,252.7 10,667.6 8,757.5 12,436.7

3. Special Area Programmes - - - - 2,399.2 2,400.0 2,400.0 2,580.0

4. Irrigation and Flood Control 25,216.4 21,670.0 29,441.0 27,033.0 2,955.7 4,211.4 3,361.3 4,188.4

of which: - - - - i) Major and Medium Irrigation - - - - - - - - ii) Minor Irrigation 2,394.1 3,056.5 1,913.9 2,685.5 2,705.3 3,971.4 3,165.3 3,915.4 iii) Flood Control and Drainage 22,822.3 18,613.5 27,527.1 24,347.5 250.5 240.0 196.0 273.0

5. Energy 3,27,150.6 3,30,247.7 3,64,579.8 3,65,248.2 2,21,417.2 2,70,143.6 2,80,488.2 2,82,811.6

of which: Power 3,27,021.2 3,28,547.7 3,63,179.8 3,63,548.2 2,21,371.1 2,70,095.6 2,80,440.2 2,82,747.1

6. Industry and Minerals (i to iii) 3,037.4 6,076.0 3,908.0 13,283.0 8,086.3 8,716.4 10,976.8 11,175.0 i) Village and Small Industries 2,900.9 3,617.0 3,206.0 11,785.0 3,054.6 4,046.9 3,997.0 3,562.6 ii) Industries@ 136.5 2,459.0 702.0 1,498.0 5,031.8 4,669.5 6,979.8 7,612.4 iii) Others** - - - - - - - - 239State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item DELHI PUDUCHERRY 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport and Communications (i + ii) 5,74,473.2 5,32,676.0 4,86,340.6 5,20,020.0 7,531.4 8,591.7 11,058.6 8,929.6 i) Roads and Bridges 82,768.1 55,200.0 61,583.6 78,935.3 4,146.2 4,679.0 4,232.1 4,675.6 ii) Others @@ 4,91,705.1 4,77,476.0 4,24,757.0 4,41,084.7 3,385.2 3,912.7 6,826.6 4,254.1

8. Science, Technology and Environment 6,554.1 16,690.0 5,103.4 35,166.9 376.9 859.6 642.1 745.3

9. General Economic Services (i to iv) 23,122.2 37,512.7 33,377.0 69,056.2 9,142.8 12,370.4 9,696.5 13,534.8 i) Secretariat– Economic Services 1,669.6 2,886.3 2,113.5 3,779.1 2,276.5 2,488.9 2,407.4 2,587.6 ii) Tourism 1,457.5 7,047.5 4,170.0 12,072.5 2,773.2 3,247.1 3,048.7 4,014.4 iii) Civil Supplies 17,537.0 23,656.0 23,631.0 43,341.0 3,091.3 5,757.7 3,607.1 6,278.6 iv) Others + 2,458.1 3,922.9 3,462.5 9,863.6 1,001.8 876.7 633.3 654.2 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 7,16,187.7 8,86,108.9 8,34,035.2 9,14,839.7 3,10,705.5 3,14,228.0 3,27,373.4 3,34,020.7 A. Organs of State 1,77,933.8 3,14,718.7 2,97,921.9 3,39,273.2 9,046.8 9,466.5 9,418.7 10,907.4 B. Fiscal Services (i + ii) 32,725.5 44,812.9 40,187.7 46,555.5 7,561.0 8,962.7 8,416.5 8,774.2 i) Collection of Taxes and Duties 32,695.9 44,774.4 40,159.7 46,517.0 7,561.0 8,962.7 8,416.5 8,774.2 ii) Other Fiscal Services 29.6 38.5 28.0 38.5 - - - - C. Interest Payments and Servicing of Debt (1 + 2) 3,09,431.1 2,66,609.0 2,66,609.0 2,24,619.0 84,157.5 87,272.0 89,953.1 87,886.9

1. Appropriation for Reduction or Avoidance of Debt - - - - 7,446.8 5,000.0 5,000.0 5,000.0

2. Interest Payments (i to iv) 3,09,431.1 2,66,609.0 2,66,609.0 2,24,619.0 76,710.7 82,272.0 84,953.1 82,886.9 i) Interest on Loans from the Centre 3,09,431.1 2,66,609.0 2,66,609.0 2,24,619.0 8,511.5 6,074.0 5,993.0 5,030.0 ii) Interest on Internal Debt - - - - 60,693.6 66,500.0 66,733.8 64,998.9

of which: - - - -

(a) Interest on Market Loans - - - - 60,693.6 66,500.0 66,733.8 64,998.9

(b) Interest on NSSF - - - - - - - - iii) Interest on Small Savings, State Provident Funds, etc. - - - - 5,050.5 5,700.0 7,700.0 6,700.0 iv) Others - - - - 2,455.1 3,998.0 4,526.3 6,158.0 D. Administrative Services (i to v) 1,94,160.6 2,57,738.3 2,26,932.7 3,01,642.0 66,486.0 70,433.8 71,503.7 70,822.8 i) Secretariat– General Services 12,446.8 17,276.7 14,020.4 19,517.6 4,575.2 5,334.1 5,000.2 5,380.2 ii) District Administration 19,159.2 28,751.5 20,264.5 30,125.1 754.1 848.1 852.2 949.7 iii) Police 10,627.9 31,972.5 8,409.0 37,092.0 32,715.5 32,962.3 37,104.4 33,583.5 iv) Public Works 54,037.5 61,030.9 62,385.5 79,338.2 17,278.5 18,313.7 16,020.3 16,506.9 v) Others ++ 97,889.1 1,18,706.8 1,21,853.3 1,35,569.2 11,162.8 12,975.5 12,526.7 14,402.5 E. Pensions 368.0 300.0 500.0 600.0 1,43,057.0 1,37,463.0 1,47,463.0 1,54,970.0 F. Miscellaneous General Services 1,568.7 1,930.0 1,884.0 2,150.0 397.2 630.0 618.5 659.5

of which:

Payment on account of State Lotteries - - - - - - - - III. Grants-in-Aid and Contributions 5,21,919.5 5,20,505.0 5,80,546.9 6,91,181.6 - - - -

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 5,21,919.5 5,20,505.0 5,80,546.9 6,91,181.6 - - - - 240Appendix II

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item All STATES and UTs 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5 TOTAL EXPENDITURE (I+II+III) 40,23,67,709.3 47,53,92,806.1 47,74,23,914.1 52,11,19,344.2 I. DEVELOPMENTAL EXPENDITURE (A + B) 25,08,31,728.7 29,94,46,262.4 30,62,73,285.2 32,84,15,275.2 A. Social Services (1 to 12) 15,78,92,692.3 19,54,55,726.9 19,93,19,153.7 21,62,07,694.5

1. Education, Sports, Art and Culture 6,81,18,332.1 8,03,00,998.8 7,96,67,171.0 8,53,79,089.9

2. Medical and Public Health 2,10,58,092.6 2,59,73,454.9 2,66,53,028.7 2,83,58,802.1

3. Family Welfare 36,25,110.6 45,15,805.2 43,54,976.9 49,27,057.2

4. Water Supply and Sanitation 45,75,142.9 46,81,310.9 47,48,342.8 53,04,803.9

5. Housing 38,46,473.3 60,95,965.3 52,39,499.6 87,46,748.6

6. Urban Development 1,07,85,477.3 1,26,81,240.3 1,25,94,586.8 1,29,48,371.7

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 1,16,30,148.9 1,53,12,159.4 1,47,44,145.3 1,70,41,379.9

8. Labour and Labour Welfare 16,07,821.6 22,39,799.8 21,44,229.6 25,50,043.1

9. Social Security and Welfare 2,43,02,948.9 3,39,59,784.4 3,77,64,018.0 4,09,29,449.7

10. Nutrition 33,17,600.9 40,25,114.5 49,73,167.3 43,19,465.2

11. Relief on account of Natural Calamities 38,43,633.7 44,48,337.6 51,67,967.8 44,22,703.8

12. Others* 11,81,909.4 12,21,755.8 12,68,019.9 12,79,779.5 B. Economic Services (1 to 9) 9,29,39,036.5 10,39,90,535.6 10,69,54,131.5 11,22,07,580.7

1. Agriculture and Allied Activities (i to xii) 2,66,47,845.3 3,24,95,642.1 3,17,60,757.3 3,23,51,133.1 i) Crop Husbandry 1,32,79,728.4 1,51,63,913.3 1,51,03,339.9 1,62,14,339.0 ii) Soil and Water Conservation 3,88,010.5 5,70,441.5 5,44,048.0 5,44,760.2 iii) Animal Husbandry 20,80,247.1 27,36,089.9 26,23,446.3 29,92,643.1 iv) Dairy Development 3,69,299.6 3,97,904.0 5,41,227.4 4,59,729.9 v) Fisheries 5,03,279.0 6,98,079.6 6,32,516.4 7,42,398.6 vi) Forestry and Wild Life 20,47,353.9 28,29,593.1 26,43,837.7 30,26,971.7 vii) Plantations 1,793.9 1,358.8 1,130.0 1,588.7 viii) Food Storage and Warehousing 32,22,506.3 38,70,603.8 42,46,938.6 41,28,032.4 ix) Agricultural Research and Education 10,55,840.1 11,76,149.3 11,85,047.1 12,36,453.3 x) Agricultural Finance Institutions - - - - xi) Co-operation 19,45,605.9 21,15,390.7 21,34,937.0 20,42,294.4 xii) Other Agricultural Programmes 17,54,180.7 29,36,118.0 21,04,289.1 9,61,921.7

2. Rural Development 1,76,46,989.3 2,29,46,036.4 2,18,21,408.8 2,45,03,965.5

3. Special Area Programmes 2,39,867.0 2,30,666.0 2,21,372.8 2,30,940.8

4. Irrigation and Flood Control 39,72,802.5 49,75,490.6 47,81,722.4 53,26,446.8

of which: - i) Major and Medium Irrigation 23,41,935.9 29,47,879.1 27,96,089.6 32,80,680.0 ii) Minor Irrigation 11,85,699.7 15,07,204.6 14,03,501.0 14,32,788.5 iii) Flood Control and Drainage 3,27,923.6 3,51,326.0 4,55,798.1 4,34,465.2

5. Energy 2,60,77,569.6 2,28,71,588.3 2,79,14,913.8 2,71,22,086.3

of which: Power 2,57,03,568.5 2,23,18,996.0 2,71,78,383.9 2,61,27,260.8

6. Industry and Minerals (i to iii) 48,42,779.7 59,16,168.2 59,85,407.5 67,38,267.4 i) Village and Small Industries 15,42,923.7 20,12,887.1 18,86,578.4 22,91,178.5 ii) Industries@ 31,73,642.9 37,08,744.9 38,08,841.4 42,45,227.4 iii) Others** 1,26,213.1 1,94,536.3 2,89,987.7 2,01,861.5 241State Finances : A Study of Budgets of 2025-26

Appendix II : Revenue Expenditure of States and Union Territories with Legislature (Concld.) (₹ Lakh) Item All STATES and UTs 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5

7. Transport and Communications (i + ii) 87,96,036.5 89,03,103.7 88,57,676.9 95,13,436.2 i) Roads and Bridges 60,61,197.4 51,01,094.5 53,56,493.2 56,39,519.7 ii) Others @@ 27,34,839.1 38,02,009.3 35,01,183.7 38,73,916.5

8. Science, Technology and Environment 3,12,265.9 4,54,658.5 3,50,965.1 4,23,280.8

9. General Economic Services (i to iv) 44,02,880.7 51,97,181.9 52,59,906.8 59,98,024.0 i) Secretariat– Economic Services 10,47,000.4 12,96,505.7 15,16,900.3 14,73,738.5 ii) Tourism 3,80,679.4 6,43,649.2 5,03,171.7 7,52,342.9 iii) Civil Supplies 19,77,206.5 24,87,885.0 25,26,410.5 28,98,710.0 iv) Others + 9,97,994.5 7,69,141.9 7,13,424.3 8,73,232.6 II. NON-DEVELOPMENTAL EXPENDITURE (General Services) (A to F) 13,95,85,001.0 16,21,98,456.8 15,74,34,795.3 17,74,29,969.4 A. Organs of State 46,74,970.6 63,76,219.4 66,85,522.9 58,85,878.4 B. Fiscal Services (i + ii) 40,53,511.1 50,43,360.6 52,11,016.4 55,30,089.2 i) Collection of Taxes and Duties 40,17,853.2 50,04,900.3 51,72,012.8 54,89,461.1 ii) Other Fiscal Services 35,657.9 38,460.3 39,003.6 40,628.1 C. Interest Payments and Servicing of Debt (1 + 2) 5,24,63,922.2 5,83,13,227.5 5,82,02,510.3 6,56,81,936.3

1. Appropriation for Reduction or Avoidance of Debt 17,46,384.8 19,60,071.5 20,48,049.0 32,08,179.0

2. Interest Payments (i to iv) 5,07,17,537.4 5,63,53,156.1 5,61,54,461.3 6,24,73,757.3 i) Interest on Loans from the Centre 15,07,230.7 14,10,776.0 14,98,295.2 15,87,698.7 ii) Interest on Internal Debt 4,26,31,359.1 4,77,72,499.0 4,74,85,281.4 5,29,24,433.6

of which:

(a) Interest on Market Loans 3,69,26,740.7 4,19,95,567.2 4,17,69,526.6 4,74,14,368.8

(b) Interest on NSSF 29,58,596.0 26,91,674.4 27,01,110.8 23,94,512.2 iii) Interest on Small Savings, State Provident Funds, etc. 54,18,314.4 62,04,416.1 60,56,123.4 68,03,096.1 iv) Others 11,60,633.4 9,65,465.0 11,14,761.0 11,58,529.7 D. Administrative Services (i to v) 2,72,52,394.0 3,31,54,638.4 3,13,61,634.6 3,57,23,780.2 i) Secretariat– General Services 12,69,918.5 16,93,916.3 15,39,156.9 17,58,883.4 ii) District Administration 25,08,778.6 31,85,446.7 29,46,082.1 34,74,928.6 iii) Police 1,87,82,669.1 2,18,69,237.3 2,09,10,558.8 2,32,84,763.5 iv) Public Works 13,84,921.9 21,36,874.3 19,45,420.6 21,67,212.7 v) Others ++ 33,06,105.9 42,69,163.8 40,20,416.2 50,37,992.0 E. Pensions 4,90,98,318.2 5,65,63,256.2 5,37,96,795.5 6,14,92,515.7 F. Miscellaneous General Services 20,41,884.9 27,47,754.8 21,77,315.6 31,15,769.6

of which:

Payment on account of State Lotteries 11,54,325.7 12,77,428.1 12,41,943.5 13,03,997.1 III. Grants-in-Aid and Contributions 1,19,50,979.6 1,37,48,086.9 1,37,15,833.7 1,52,74,099.6

of which:

Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 1,19,50,979.6 1,37,48,085.9 1,37,16,896.0 1,52,74,098.6 * : Include expenditure on Information and Publicity, Secretariat-Social Services, other Social Services, etc.

@ : Include expenditure on Non-Ferrous Mining and Metallurgical Industries. ** : Include expenditure on other Industries and other Outlays on Industries and Minerals. @@ : Include expenditure on Port and Light Houses, Civil Aviation, Road Transport, Inland Water Transport, etc.

+ : Include expenditure on Foreign Trade and Export Promotion, Census Survey and Statistics and Other General Economic Services. ++ : Include expenditure on Public Service Commission, Treasury and Accounts, Administration, Jails, Supplies and Disposal, Stationery and Printing, Other Administrative Services, etc.

Also see notes to Appendices.

Note: Data pertaining to Jammu and Kashmir for 2023-24 are taken from CAG and are provisional.

Source: Budget documents of State governments. Details in methodology.

242Appendix III

Appendix III : Capital Receipts of States and Union Territories with Legislature (₹ Lakh) ANDHRA PRADESH ARUNACHAL PRADESH Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 5,55,61,169.7 2,71,04,522.8 2,06,56,422.1 2,41,72,801.8 1,93,51,295.8 3,50,69,341.8 5,41,02,718.5 5,68,52,415.0 TOTAL CAPITAL RECEIPTS 78,24,492.5 93,18,112.6 97,06,308.5 1,04,38,280.3 5,26,559.5 4,47,470.0 5,44,311.8 6,19,060.7 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 71,19,815.0 73,19,324.0 81,10,800.0 81,95,650.2 1,41,158.3 2,56,349.0 2,22,679.0 2,00,016.5

1. Market Loans 68,40,000.6 71,00,000.0 78,60,800.0 80,45,650.2 89,933.3 1,36,638.0 1,34,379.0 1,11,716.5

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for – – – – – – – – Agriculture and Rural Development 2,00,000.0 2,19,324.0 1,00,000.0 1,50,000.0 50,000.0 81,027.0 50,000.0 50,000.0

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative – – – – Development Corporation 20,365.4 – – – – 1,000.0 1,000.0 1,000.0

6. WMA from RBI 59,449.0 – 1,50,000.0 – – 37,300.0 37,300.0 37,300.0

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ – – – – 1,225.0 384.0 – – II. Loans and Advances from the Centre (1 to 6) 5,01,114.8 18,24,977.0 16,24,400.0 21,70,000.0 2,36,341.5 2,00,000.0 2,29,800.0 3,28,800.0

1. State Plan Schemes – – – – – – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 5,01,114.8 18,24,977.0 16,24,400.0 21,70,000.0 2,36,341.5 2,00,000.0 2,29,800.0 3,28,800.0 legislature schemes III. Recovery of Loans and Advances (1 to 12) 2,396.8 1,200.0 2,451.9 2,574.2 157.3 1,000.0 1,000.0 1,000.0

1. Housing – – – – – – – –

2. Urban Development – – – – – – – –

3. Crop Husbandry – – – – – – – –

4. Food Storage and Warehousing – – – – – – – –

5. Co–operation 75.2 100.0 31.6 100.0 – – – –

6. Minor Irrigation – – – – – – – –

7. Power Projects – – – – – – – –

8. Village and Small Industries – – – – – – – –

9. Industries and Minerals – – – – – – – –

10. Road Transport – – – – – – – –

11. Government Servants, etc.+ 1,725.8 500.0 1,752.8 1,874.2 157.3 1,000.0 1,000.0 1,000.0

12. Others** 595.8 600.0 667.6 600.0 – – – – IV. Inter–State Settlement – – – – – – – – V. Contingency Fund 7.4 – – – – – – – VI. State Provident Funds, etc. (1 + 2) 5,05,613.1 7,06,767.1 7,05,070.1 6,06,335.9 1,60,981.0 1,17,812.4 1,13,156.6 1,09,711.5

1. State Provident Funds 2,89,733.5 4,91,426.7 4,89,731.3 3,46,832.1 94,531.2 46,902.7 45,145.7 47,403.0

2. Others 2,15,879.6 2,15,340.4 2,15,338.8 2,59,503.8 66,449.8 70,909.7 68,010.9 62,308.5 VII. Reserve Funds (1 to 4) 3,13,490.8 3,92,762.9 3,92,822.7 3,99,388.9 1,84,063.9 17,436.0 78,063.5 81,966.7

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds 1,47,229.6 1,54,492.4 1,54,492.4 1,76,675.6 35,248.5 – – –

3. Famine Relief Fund – – – – – – – –

4. Others 1,66,261.2 2,38,270.5 2,38,330.3 2,22,713.4 1,48,815.4 17,436.0 78,063.5 81,966.7 VIII. Deposits and Advances (1 to 4) 94,75,994.3 1,09,95,673.3 98,20,877.1 1,02,61,970.4 1,77,834.6 51,356.4 40,264.4 42,277.6

1. Civil Deposits 76,87,507.0 89,60,899.5 86,59,656.0 85,73,532.1 1,06,831.8 50,733.5 40,069.6 42,073.1

2. Deposits of Local Funds 13,19,464.2 15,79,822.7 7,05,274.0 11,25,624.5 – – – –

3. Civil Advances – – – – 35,302.8 622.9 194.8 204.6

4. Others 4,69,023.1 4,54,951.1 4,55,947.0 5,62,813.8 35,700.0 – – – IX. Suspense and Miscellaneous (1 to 4) 3,76,42,491.5 58,59,266.6 0.2 25,36,882.2 1,70,31,036.1 3,40,21,685.7 5,31,78,780.5 5,58,37,719.5

1. Suspense -36,897.9 1,19,042.3 0.2 0.2 -27.6 -956.3 29,497.9 30,972.8

2. Cash Balance Investment Accounts 21,14,068.3 24,91,883.7 0.0 25,36,882.0 1,70,28,974.0 97,97,993.1 1,58,53,478.7 1,66,46,152.6

3. Deposits with RBI 3,55,65,321.0 32,48,340.6 0.0 0.0 – 2,42,24,419.8 3,72,95,733.9 3,91,60,520.6

4. Others – – 0.0 0.0 2,089.7 229.1 70.0 73.5 X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts – – – – – – – – XII. Remittances 246.1 4,551.9 0.0 0.1 14,19,723.2 4,03,702.4 2,38,974.6 2,50,923.3 243State Finances : A Study of Budgets of 2025-26

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) ASSAM BIHAR Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 1,29,59,333.4 1,78,21,181.0 1,70,88,594.4 1,45,68,795.1 8,20,09,731.4 1,37,07,317.4 1,49,11,673.3 1,62,21,329.0 TOTAL CAPITAL RECEIPTS 31,43,338.3 29,61,898.6 36,65,310.9 38,89,175.4 71,34,824.2 51,92,731.3 63,97,087.2 56,06,357.7 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 38,00,867.2 25,18,271.1 35,18,271.0 27,09,500.0 49,54,576.3 49,18,813.7 50,74,600.0 54,65,804.0

1. Market Loans 18,50,000.0 20,09,340.0 20,09,340.0 22,50,000.0 47,61,200.0 45,88,813.7 47,54,600.0 51,75,804.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for – – – – – – – – Agriculture and Rural Development 3,26,642.2 5,08,931.0 5,08,931.0 4,59,500.0 1,93,376.3 2,70,000.0 2,70,000.0 2,50,000.0

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative – – – – – – – – Development Corporation – – – – – – – –

6. WMA from RBI 16,24,225.0 0.1 10,00,000.0 0.0 – – – –

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ – – – – – 60,000.0 50,000.0 40,000.0 II. Loans and Advances from the Centre (1 to 6) 6,00,517.5 4,25,799.0 8,14,712.0 9,09,000.0 10,67,178.3 2,50,000.0 12,92,069.6 1,07,975.0

1. State Plan Schemes – – – – – – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 6,00,517.5 4,25,799.0 8,14,712.0 9,09,000.0 10,67,178.3 2,50,000.0 12,92,069.6 1,07,975.0 legislature schemes III. Recovery of Loans and Advances (1 to 12) 3,28,245.6 2,22,103.2 2,27,076.3 2,01,778.2 9,593.6 43,917.6 50,417.6 52,540.0

1. Housing – 2,916.4 2,916.4 – – – – –

2. Urban Development 27,680.0 28,331.3 28,331.3 27,500.0 – – – –

3. Crop Husbandry – 3,342.6 3,342.6 – – – – –

4. Food Storage and Warehousing 425.0 74.1 329.8 514.3 – – – –

5. Co–operation 3,337.7 2,108.4 2,109.4 4,038.2 1,878.1 40,994.4 40,994.4 40,994.4

6. Minor Irrigation – – – –

7. Power Projects 1,22,272.8 1,72,076.8 1,72,076.8 1,54,603.1 284.7 – – –

8. Village and Small Industries 4,153.5 884.6 884.6 3,025.5 0.6 – – –

9. Industries and Minerals 1,64,411.1 2,475.6 7,192.0 8,937.5 0.0 – – –

10. Road Transport – – – – – – – –

11. Government Servants, etc.+ 565.5 459.5 459.5 684.2 2,320.5 2,923.2 2,923.2 3,145.6

12. Others** 5,400.0 9,433.9 9,433.9 2,475.5 5,109.7 – 6,500.0 8,400.0 IV. Inter–State Settlement – – – – – – – – V. Contingency Fund 2,00,000.0 2,00,000.0 2,00,000.0 2,00,000.0 – – – – VI. State Provident Funds, etc. (1 + 2) 2,15,035.1 2,10,835.0 2,00,792.1 1,96,752.3 2,41,583.9 2,55,000.0 2,55,000.0 2,45,000.0

1. State Provident Funds 2,05,055.5 2,01,658.0 1,91,615.1 1,87,758.8 1,96,914.7 2,10,000.0 2,10,000.0 2,00,000.0

2. Others 9,979.5 9,177.1 9,177.1 8,993.5 44,669.2 45,000.0 45,000.0 45,000.0 VII. Reserve Funds (1 to 4) 4,99,419.5 3,58,036.3 4,98,436.7 2,42,492.3 3,86,326.6 4,84,586.1 4,84,586.1 4,40,010.0

1. Depreciation/Renewal Reserve Funds – – – – 2,39,672.6 3,20,000.0 3,20,000.0 2,40,000.0

2. Sinking Funds 4,56,515.4 2,64,342.0 3,46,415.7 1,30,925.5 1,46,654.0 1,64,586.1 1,64,586.1 2,00,010.0

3. Famine Relief Fund – – – – – – – –

4. Others 42,904.1 93,694.4 1,52,021.0 1,11,566.8 – – – – VIII. Deposits and Advances (1 to 4) 8,19,617.0 11,43,315.2 11,43,676.1 11,50,451.1 96,22,853.6 75,55,000.0 75,55,000.0 96,50,000.0

1. Civil Deposits 4,88,276.5 5,17,890.2 5,18,251.2 5,28,615.2 2,93,256.9 2,80,000.0 2,80,000.0 3,00,000.0

2. Deposits of Local Funds – 0.4 0.4 0.4 41,97,564.5 32,50,000.0 32,50,000.0 42,00,000.0

3. Civil Advances 29,799.2 2,33,281.7 2,33,281.7 1,98,314.2 – – – –

4. Others 3,01,541.3 3,92,142.9 3,92,142.9 4,23,521.4 51,32,032.3 40,25,000.0 40,25,000.0 51,50,000.0 IX. Suspense and Miscellaneous (1 to 4) 60,06,316.7 1,20,77,118.7 99,53,067.6 84,79,514.7 6,57,27,618.2 2,00,000.0 2,00,000.0 2,60,000.0

1. Suspense 59,922.9 74,233.9 75,509.3 69,331.1 2,41,537.8 2,00,000.0 2,00,000.0 2,60,000.0

2. Cash Balance Investment Accounts 57,49,700.0 1,19,98,921.4 96,99,083.2 82,47,772.5 4,60,66,940.1 – – –

3. Deposits with RBI – – – – – – – –

4. Others 1,96,693.8 3,963.4 1,78,475.1 1,62,411.1 1,94,19,140.3 – – – X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts – – – – – – – – XII. Remittances 4,89,314.9 6,65,702.5 5,32,562.5 4,79,306.5 0.9 – – – 244Appendix III

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) CHHATTISGARH GOA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 2,58,46,996.3 2,71,02,012.1 2,80,70,200.2 2,83,65,684.9 39,77,354.4 37,24,739.3 32,28,598.5 33,44,742.1 TOTAL CAPITAL RECEIPTS 56,46,860.4 30,25,498.9 39,57,293.6 34,83,707.0 4,49,154.1 4,34,412.8 7,20,179.2 6,15,985.6 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 50,25,844.6 25,11,043.6 32,22,343.6 29,83,716.9 3,59,134.2 4,25,020.0 2,15,252.0 4,37,252.0

1. Market Loans 32,00,000.0 22,55,043.6 28,31,343.6 28,07,716.9 2,55,000.0 3,00,000.0 1,10,000.0 3,10,000.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for – – – – – – – – Agriculture and Rural Development 1,50,513.6 1,70,000.0 3,70,000.0 1,50,000.0 44,969.4 50,000.0 60,000.0 60,000.0

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative – – – – – – – – Development Corporation – – – – – 20.0 20.0 20.0

6. WMA from RBI – 10,000.0 10,000.0 10,000.0 13,328.0 50,000.0 20,000.0 50,000.0

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ 16,75,331.0 76,000.0 11,000.0 16,000.0 45,836.8 25,000.0 25,232.0 17,232.0 II. Loans and Advances from the Centre (1 to 6) 3,79,127.6 4,00,000.0 6,80,000.0 4,50,000.0 69,520.3 46,500.0 1,31,500.0 91,500.0

1. State Plan Schemes – – – – – 1,500.0 1,500.0 1,500.0

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 3,79,127.6 4,00,000.0 6,80,000.0 4,50,000.0 69,520.3 45,000.0 1,30,000.0 90,000.0 legislature schemes III. Recovery of Loans and Advances (1 to 12) 2,496.1 14,999.9 15,000.0 10,000.0 297.8 1,833.8 1,990.4 319.3

1. Housing – – – – – 1,600.0 1,600.0 –

2. Urban Development 50.0 750.0 750.0 500.0 – – – –

3. Crop Husbandry 0.0 10.6 10.6 7.0 – – – –

4. Food Storage and Warehousing 8.2 1,500.0 1,500.0 1,000.0 – – – –

5. Co–operation 2,431.9 6,109.4 6,109.6 4,074.8 16.9 10.0 10.4 8.6

6. Minor Irrigation – – – – – – – –

7. Power Projects – 500.0 500.0 333.0 – – – –

8. Village and Small Industries 0.1 9.0 9.0 6.0 – – 0.1 0.1

9. Industries and Minerals – 80.0 80.0 53.0 – – – –

10. Road Transport – – – – – – – –

11. Government Servants, etc.+ 5.9 40.8 40.8 27.1 250.7 213.3 376.3 305.0

12. Others** – 6,000.1 6,000.1 3,999.1 30.3 10.5 3.6 5.5 IV. Inter–State Settlement 64.5 – – – – – – – V. Contingency Fund – 10,000.0 16,403.0 10,000.0 – – – – VI. State Provident Funds, etc. (1 + 2) 3,22,213.2 2,44,095.0 2,44,095.0 2,51,100.0 39,144.4 42,867.7 45,820.0 47,071.3

1. State Provident Funds 3,02,334.5 2,24,295.0 2,24,295.0 2,30,100.0 38,354.1 42,126.4 45,020.0 46,321.3

2. Others 19,878.7 19,800.0 19,800.0 21,000.0 790.2 741.2 800.0 750.0 VII. Reserve Funds (1 to 4) 7,29,246.8 3,72,560.0 3,09,995.0 3,76,659.3 54,391.1 75,955.6 59,513.4 79,514.9

1. Depreciation/Renewal Reserve Funds – 1.0 1.0 1.1 – – – –

2. Sinking Funds 41,500.0 48,000.0 48,000.0 10,000.0 9,333.3 9,000.0 5,963.4 13,162.1

3. Famine Relief Fund 2.9 1.0 1.0 1.1 – – – –

4. Others 6,87,743.9 3,24,558.0 2,61,993.0 3,66,657.1 45,057.8 66,955.6 53,550.1 66,352.8 VIII. Deposits and Advances (1 to 4) 3,56,030.3 3,13,458.6 3,46,508.6 3,96,273.7 1,04,433.9 76,840.0 88,881.7 79,485.3

1. Civil Deposits 2,35,507.5 2,05,052.6 2,41,202.6 2,65,052.6 41,809.9 35,647.6 50,151.5 33,750.6

2. Deposits of Local Funds – 4.0 4.0 4.0 – – – –

3. Civil Advances 71,209.9 60,000.0 60,000.0 65,000.0 1,318.8 902.2 603.8 702.4

4. Others 49,313.0 48,402.0 45,302.0 66,217.1 61,305.2 40,290.2 38,126.4 45,032.3 IX. Suspense and Miscellaneous (1 to 4) 1,85,00,535.4 2,23,55,851.0 2,23,55,851.0 2,29,63,931.0 26,48,547.2 27,07,099.4 22,49,128.5 21,22,926.6

1. Suspense 1,114.6 250.0 250.0 300.0 34,073.8 19,156.7 9,014.2 18,156.3

2. Cash Balance Investment Accounts 90,38,026.9 1,00,00,000.0 1,00,00,000.0 1,00,50,000.0 12,40,601.0 9,22,634.9 5,82,262.0 10,55,823.0

3. Deposits with RBI 94,30,512.4 36,75,000.0 36,75,000.0 38,00,000.0 2,23,339.4 8,12,345.6 6,91,126.7 78,325.7

4. Others 30,881.5 86,80,601.0 86,80,601.0 91,13,631.0 11,50,533.0 9,52,962.3 9,66,725.6 9,70,621.6 X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts 501.0 – – – – – – – XII. Remittances 5,30,936.7 8,80,004.0 8,80,004.0 9,24,004.0 7,01,885.6 3,48,622.9 4,36,512.5 4,86,672.8 245State Finances : A Study of Budgets of 2025-26

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) GUJARAT HARYANA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 8,39,95,404.7 5,85,47,445.0 3,58,93,907.0 3,97,98,561.0 2,30,38,208.7 2,76,51,430.0 2,53,22,263.2 2,76,98,004.0 TOTAL CAPITAL RECEIPTS 50,63,971.7 97,90,355.0 80,63,947.0 1,14,47,280.0 66,10,956.8 73,76,079.0 67,87,164.2 76,83,609.0 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 34,90,148.0 66,50,000.0 63,00,100.0 76,50,100.0 86,97,566.4 96,07,000.0 94,45,000.0 1,04,32,000.0

1. Market Loans 30,50,000.0 57,50,000.0 56,00,000.0 66,00,000.0 47,50,000.0 49,50,000.0 49,50,000.0 52,50,000.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for Agriculture and Rural Development 4,40,148.0 9,00,000.0 7,00,000.0 10,50,000.0 1,71,308.6 1,95,000.0 1,95,000.0 2,20,000.0

4. Loans from SBI and other Banks – – – – 1,231.6 2,500.0 – –

5. Loans from National Co-operative Development Corporation – – – – 11,37,301.0 14,32,000.0 12,68,000.0 14,30,000.0

6. WMA from RBI – – 100.0 100.0 25,99,412.0 30,00,000.0 30,00,000.0 35,00,000.0

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ – – – – 38,313.2 27,500.0 32,000.0 32,000.0 II. Loans and Advances from the Centre (1 to 6) 5,49,022.0 11,00,000.0 13,00,000.0 13,00,000.0 1,74,515.6 1,09,300.0 1,70,000.0 2,03,000.0

1. State Plan Schemes – – – – 3,338.7 – 2,000.0 3,000.0

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 5,49,022.0 11,00,000.0 13,00,000.0 13,00,000.0 1,71,176.9 1,09,300.0 1,68,000.0 2,00,000.0 legislature schemes III. Recovery of Loans and Advances (1 to 12) 1,37,557.9 29,212.0 30,000.0 2,50,000.0 30,115.1 68,901.0 68,901.0 81,701.0

1. Housing 565.1 64.0 75.0 – 0.3 – – –

2. Urban Development 98.5 – – – – – – –

3. Crop Husbandry 1.0 1.0 – – 292.4 10,000.0 5,000.0 11,000.0

4. Food Storage and Warehousing 3.3 – – – 1,386.2 – 5,000.0 5,500.0

5. Co–operation 13.4 13.0 – – 1,527.4 16,401.0 16,401.0 16,501.0

6. Minor Irrigation – – – – – – – –

7. Power Projects 24,577.5 17,500.0 8,481.0 30,000.0 10,175.2 26,800.0 23,000.0 27,700.0

8. Village and Small Industries 26.7 4.0 – – 7,000.0 6,400.0 6,400.0 6,000.0

9. Industries and Minerals 13,243.0 3,500.0 2,256.0 20,000.0 – – – –

10. Road Transport 73,728.0 – 2,765.0 1,20,000.0 – – – –

11. Government Servants, etc.+ 1,181.7 18.0 1,553.0 – 7,492.6 6,200.0 8,000.0 8,500.0

12. Others** 24,119.7 8,112.0 14,870.0 80,000.0 2,241.0 3,100.0 5,100.0 6,500.0 IV. Inter–State Settlement – – – – – – – – V. Contingency Fund 2,025.8 – – – – – 54,595.2 – VI. State Provident Funds, etc. (1 + 2) 1,97,929.0 2,27,658.0 2,34,737.0 2,51,741.0 3,48,404.0 3,99,065.0 3,79,870.0 3,96,416.0

1. State Provident Funds 1,57,269.0 2,04,609.0 1,92,327.0 2,03,320.0 3,44,816.9 3,94,880.0 3,75,675.0 3,92,210.0

2. Others 40,660.0 23,049.0 42,410.0 48,421.0 3,587.1 4,185.0 4,195.0 4,206.0 VII. Reserve Funds (1 to 4) 5,14,998.0 4,31,898.0 4,15,711.0 4,25,175.0 2,52,326.9 2,27,164.0 2,62,997.0 2,32,382.0

1. Depreciation/Renewal Reserve Funds 306.0 288.0 288.0 297.0 11,480.6 11,725.0 11,762.0 11,882.0

2. Sinking Funds 2,75,817.0 2,05,660.0 2,00,000.0 2,00,000.0 42,994.2 48,000.0 45,000.0 45,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 2,38,875.0 2,25,950.0 2,15,423.0 2,24,878.0 1,97,852.0 1,67,439.0 2,06,235.0 1,75,500.0 VIII. Deposits and Advances (1 to 4) 70,59,982.0 58,30,841.0 60,17,147.0 63,63,876.0 57,88,403.6 58,17,100.0 58,91,000.0 62,57,080.0

1. Civil Deposits 14,60,206.0 13,08,825.0 13,08,825.0 13,45,716.0 7,43,534.2 5,40,000.0 6,15,000.0 6,50,000.0

2. Deposits of Local Funds 52,59,700.0 42,56,693.0 42,56,693.0 44,69,528.0 77.9 350.0 250.0 280.0

3. Civil Advances – 8.0 – – – – – –

4. Others 3,40,076.0 2,65,315.0 4,51,629.0 5,48,632.0 50,44,791.4 52,76,750.0 52,75,750.0 56,06,800.0 IX. Suspense and Miscellaneous (1 to 4) 6,92,73,970.0 4,04,63,869.0 1,93,82,245.0 1,95,03,062.0 64,99,258.4 97,14,900.0 77,14,900.0 83,17,425.0

1. Suspense 42,41,485.0 27,27,948.0 27,27,948.0 27,55,227.0 1,84,912.2 2,14,000.0 2,14,000.0 2,16,500.0

2. Cash Balance Investment Accounts 4,34,68,504.0 2,11,58,105.0 1,00,000.0 1,00,000.0 63,13,531.0 95,00,000.0 75,00,000.0 81,00,000.0

3. Deposits with RBI 2,16,65,850.0 1,65,77,173.0 1,65,53,654.0 1,66,47,173.0 – – – –

4. Others -1,01,869.0 643.0 643.0 662.0 815.1 900.0 900.0 925.0 X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts – 17,50,000.0 1,50,000.0 19,70,000.0 11,482.7 4,87,000.0 70,000.0 4,60,000.0 XII. Remittances 27,69,772.0 20,63,967.0 20,63,967.0 20,84,607.0 12,36,136.1 12,21,000.0 12,65,000.0 13,18,000.0 246Appendix III

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) HIMACHAL PRADESH JAMMU AND KASHMIR Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 79,46,914.8 17,58,933.9 28,43,111.6 18,05,505.3 88,75,766.8 59,41,224.5 51,07,101.0 49,00,524.6 TOTAL CAPITAL RECEIPTS 12,75,522.8 12,78,665.8 13,45,843.6 13,10,237.3 19,30,937.2 19,67,022.0 17,75,979.8 14,41,394.9 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 13,25,236.4 12,00,742.5 22,24,750.7 12,20,954.0 53,48,276.4 52,74,300.0 44,96,982.0 42,32,200.0

1. Market Loans 8,07,200.0 9,79,939.3 9,70,399.2 10,07,980.4 16,33,749.0 13,08,800.0 13,88,800.0 11,61,500.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for – – – – – – – – Agriculture and Rural Development 79,999.2 70,000.0 85,000.0 60,700.0 84,115.4 1,50,000.0 90,000.0 1,50,000.0

4. Loans from SBI and other Banks – – – – 5,980.5 20,000.0 – 20,000.0

5. Loans from National Co-operative – – – – – – – – Development Corporation – 803.2 673.5 1,073.6 – – – –

6. WMA from RBI 4,38,037.2 1,50,000.0 11,67,000.0 1,50,000.0 36,24,421.5 33,13,600.0 27,25,700.0 28,00,000.0

7. Special Securities issued to NSSF – – – –

8. Others (including 106)@ – – 1,678.0 1,200.0 10.0 4,81,900.0 2,92,482.0 1,00,700.0 II. Loans and Advances from the Centre (1 to 6) 1,64,915.1 90,168.0 1,50,214.8 1,16,520.0 – 500.0 – –

1. State Plan Schemes – – – – – – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 1,64,915.1 90,168.0 1,50,214.8 1,16,520.0 – 500.0 – – legislature schemes III. Recovery of Loans and Advances (1 to 12) 2,739.4 2,755.3 2,878.2 2,763.3 603.6 569.5 543.5 544.0

1. Housing 11.4 0.0 5.6 0.0 – 6.5 6.5 6.5

2. Urban Development – – – – – – – –

3. Crop Husbandry 0.8 0.4 0.7 0.4 1.4 2.0 0.5 0.5

4. Food Storage and Warehousing 0.2 0.0 0.2 0.1 – – – –

5. Co–operation 2,149.2 2,043.5 2,283.5 2,111.0 517.5 – – –

6. Minor Irrigation – – – – – – – –

7. Power Projects – – – – – – – –

8. Village and Small Industries 2.1 1.1 1.1 1.1 0.2 – – –

9. Industries and Minerals – 0.0 0.0 0.0 – 500.0 500.0 500.0

10. Road Transport – – – – – – – –

11. Government Servants, etc.+ 575.6 707.0 585.6 648.9 65.9 50.0 25.0 25.0

12. Others** 0.2 3.3 1.6 1.8 18.6 11.0 11.5 12.0 IV. Inter–State Settlement – – – – – – – – V. Contingency Fund – – – – – – – – VI. State Provident Funds, etc. (1 + 2) 4,79,474.7 2,97,500.0 2,97,500.0 2,97,500.0 6,17,790.6 5,86,397.0 5,31,817.5 5,92,322.6

1. State Provident Funds 4,76,068.0 2,95,000.0 2,95,000.0 2,95,000.0 5,89,426.6 5,69,897.0 5,17,812.5 5,76,297.6

2. Others 3,406.7 2,500.0 2,500.0 2,500.0 28,364.0 16,500.0 14,005.0 16,025.0 VII. Reserve Funds (1 to 4) 1,64,578.0 102.0 102.0 102.0 53,735.4 55,701.0 54,001.0 51,701.0

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds – – – – 7,251.0 4,251.0 7,251.0 7,251.0

3. Famine Relief Fund – – – – – – – –

4. Others 1,64,578.0 102.0 102.0 102.0 46,484.4 51,450.0 46,750.0 44,450.0 VIII. Deposits and Advances (1 to 4) 4,07,112.8 37,388.0 37,388.0 37,388.0 4,33,451.3 2,300.0 2,300.0 2,300.0

1. Civil Deposits 3,77,074.8 7,987.0 7,987.0 7,987.0 1,15,904.5 1,100.0 1,100.0 1,100.0

2. Deposits of Local Funds 12,856.5 21,500.0 21,500.0 21,500.0 90,717.5 – – –

3. Civil Advances – 7,250.0 7,250.0 7,250.0 - 1,200.0 1,200.0 1,200.0

4. Others 17,181.6 651.0 651.0 651.0 2,26,829.3 – – – IX. Suspense and Miscellaneous (1 to 4) 44,94,983.3 82,241.0 82,241.0 82,241.0 24,21,885.9 8,157.0 8,157.0 8,157.0

1. Suspense 1,40,115.2 17,100.0 17,100.0 17,100.0 4,49,874.2 2,157.0 2,157.0 2,157.0

2. Cash Balance Investment Accounts 43,54,868.0 15,000.0 15,000.0 15,000.0 19,72,011.7 3,600.0 3,600.0 3,600.0

3. Deposits with RBI – 50,000.0 50,000.0 50,000.0 – – – –

4. Others 0.1 141.0 141.0 141.0 – 2,400.0 2,400.0 2,400.0 X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts 219.7 – – – – – – – XII. Remittances 9,07,655.5 48,037.0 48,037.0 48,037.0 23.7 13,300.0 13,300.0 13,300.0 247State Finances : A Study of Budgets of 2025-26

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) JHARKHAND KARNATAKA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 5,52,92,893.8 4,35,43,866.5 4,95,08,964.6 5,37,90,113.0 12,93,07,896.4 7,35,51,619.0 7,34,33,036.5 9,85,46,507.4 TOTAL CAPITAL RECEIPTS 23,05,694.7 19,26,986.3 21,94,600.3 20,68,315.7 1,09,45,160.7 1,15,06,039.0 1,07,92,126.0 1,08,95,438.0 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 3,12,044.6 13,20,000.0 15,00,000.0 14,40,000.0 84,33,411.8 98,39,100.0 93,85,100.0 1,09,00,001.0

1. Market Loans 1,00,000.0 9,85,000.0 11,65,000.0 10,80,000.0 81,00,000.0 96,84,000.0 90,00,000.0 1,05,00,000.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for – – – – – – – – Agriculture and Rural Development 2,12,044.6 3,00,000.0 3,00,000.0 3,20,000.0 3,33,411.8 1,20,000.0 3,50,000.0 3,50,000.0

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative – – – – – – – – Development Corporation – 10,000.0 10,000.0 10,000.0 – – – –

6. WMA from RBI – – – – – 100.0 100.0 1.0

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ – 25,000.0 25,000.0 30,000.0 – 35,000.0 35,000.0 50,000.0 II. Loans and Advances from the Centre (1 to 6) 5,12,668.0 4,80,000.0 5,00,000.0 5,60,000.0 5,94,580.6 6,85,500.0 6,85,500.0 7,00,000.0

1. State Plan Schemes 5,12,668.0 4,80,000.0 5,00,000.0 5,60,000.0 – – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with – – – – 5,94,580.6 6,85,500.0 6,85,500.0 7,00,000.0 legislature schemes III. Recovery of Loans and Advances (1 to 12) 7,27,670.3 10,000.0 38,061.0 24,656.0 30,610.7 21,255.0 11,200.5 13,400.5

1. Housing – – – – – – – –

2. Urban Development – – – – – – – –

3. Crop Husbandry – – – – – – – –

4. Food Storage and Warehousing – – – – – – – –

5. Co–operation 36.6 81.7 57.0 71.0 119.7 95.0 95.0 95.0

6. Minor Irrigation – – – – – – – –

7. Power Projects 7,23,080.1 – 30,000.0 10,000.0 26,314.4 16,102.5 5,100.0 7,300.0

8. Village and Small Industries – 3.5 – – 5.0 4.0 4.0 4.0

9. Industries and Minerals – – – – 2,066.8 3,354.0 3,304.0 3,304.0

10. Road Transport – – – – – – – –

11. Government Servants, etc.+ 4,486.9 9,888.2 8,000.0 14,500.0 398.4 356.5 696.5 696.5

12. Others** 66.7 26.7 4.0 85.0 1,706.4 1,343.0 2,001.0 2,001.0 IV. Inter–State Settlement – – – – – – – – V. Contingency Fund – – – – – 500.0 500.0 500.0 VI. State Provident Funds, etc. (1 + 2) 1,98,829.9 1,89,060.5 2,21,000.0 3,32,000.0 9,86,100.4 10,13,211.0 10,13,211.0 10,92,354.3

1. State Provident Funds 1,98,065.6 1,88,192.0 2,10,000.0 3,20,000.0 4,89,235.0 5,03,043.0 5,03,043.0 5,29,107.6

2. Others 764.3 868.5 11,000.0 12,000.0 4,96,865.5 5,10,168.0 5,10,168.0 5,63,246.7 VII. Reserve Funds (1 to 4) 4,38,094.4 1,44,999.8 2,87,203.6 2,32,017.0 9,67,651.8 9,08,425.0 12,53,847.0 8,83,008.0

1. Depreciation/Renewal Reserve Funds – – – – 0.2 – – –

2. Sinking Funds 56,700.0 59,200.0 59,200.0 63,813.0 2,00,000.0 2,00,000.0 2,00,000.0 3,00,000.0

3. Famine Relief Fund 0.0 0.0 0.0 0.0 – – – –

4. Others 3,81,394.4 85,799.8 2,28,003.6 1,68,204.0 7,67,651.6 7,08,425.0 10,53,847.0 5,83,008.0 VIII. Deposits and Advances (1 to 4) 30,99,964.5 29,89,618.0 19,69,600.0 30,52,800.0 79,96,155.2 55,79,878.0 55,79,878.0 99,53,643.6

1. Civil Deposits 3,93,394.4 3,24,923.1 3,00,000.0 4,00,000.0 19,68,086.9 – – –

2. Deposits of Local Funds 25,73,165.1 26,19,747.9 16,00,000.0 25,00,000.0 39,17,866.0 51,05,906.0 51,05,906.0 94,04,763.0

3. Civil Advances 1,00,865.0 25,518.4 35,000.0 1,20,000.0 – – – –

4. Others 32,539.9 19,428.6 34,600.0 32,800.0 21,10,202.3 4,73,972.0 4,73,972.0 5,48,880.6 IX. Suspense and Miscellaneous (1 to 4) 4,86,91,752.4 3,75,47,195.0 4,37,93,100.0 4,68,33,560.0 11,02,95,787.2 5,55,00,000.0 5,55,00,000.0 7,50,00,000.0

1. Suspense 63,579.6 40,206.3 2,50,000.0 70,000.0 3,26,881.8 – – –

2. Cash Balance Investment Accounts 1,94,10,550.5 1,42,80,605.0 1,85,20,000.0 1,95,10,560.0 7,84,58,585.1 5,55,00,000.0 5,55,00,000.0 7,50,00,000.0

3. Deposits with RBI 2,92,14,591.2 2,32,23,793.0 2,50,20,000.0 2,72,50,000.0 49,07,330.5 – – –

4. Others 3,031.1 2,590.7 3,100.0 3,000.0 2,66,02,989.7 – – – X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts – – – – 3,598.9 3,750.0 3,800.0 3,600.0 XII. Remittances 13,11,869.7 8,62,993.2 12,00,000.0 13,15,080.0 -0.2 – – – 248Appendix III

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) KERALA MADHYA PRADESH Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 4,90,31,831.2 5,22,61,494.6 5,06,60,841.0 5,22,97,661.2 9,39,19,008.1 9,61,95,460.1 10,56,62,262.9 11,09,32,610.3 TOTAL CAPITAL RECEIPTS 53,13,087.0 67,71,478.8 67,67,311.0 70,12,130.8 65,87,438.4 98,59,886.7 93,54,008.7 1,09,56,302.1 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 1,03,45,393.9 1,04,94,658.3 1,46,23,153.9 1,51,07,373.0 50,10,838.8 81,93,132.0 74,25,175.0 94,25,078.0

1. Market Loans 42,43,800.0 48,27,944.0 50,47,334.2 51,80,678.3 38,50,000.0 64,59,132.0 60,71,175.0 76,21,078.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for – – – – – – – – Agriculture and Rural Development 61,107.0 90,000.0 72,000.0 90,000.0 3,49,940.0 4,00,000.0 4,00,000.0 4,20,000.0

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative – – – – – – – – Development Corporation 2,861.6 4,691.0 12,338.2 4,691.0 – 4,000.0 4,000.0 4,000.0

6. WMA from RBI 53,30,652.3 49,52,500.0 87,35,342.2 91,03,000.0 – 4,00,000.0 0.0 4,00,000.0

7. Special Securities issued to NSSF 7,06,973.0 6,19,523.3 7,49,707.0 7,00,000.0 8,01,050.0 8,50,000.0 9,00,000.0 9,00,000.0

8. Others (including 106)@ – 0.0 6,432.3 29,003.7 9,848.8 80,000.0 50,000.0 80,000.0 II. Loans and Advances from the Centre (1 to 6) 90,092.0 2,10,000.0 3,60,000.0 4,73,537.0 15,07,163.3 12,50,000.0 15,30,000.0 14,50,000.0

1. State Plan Schemes – – – – -83.5 – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 90,092.0 2,10,000.0 3,60,000.0 4,73,537.0 15,07,246.9 12,50,000.0 15,30,000.0 14,50,000.0 legislature schemes III. Recovery of Loans and Advances (1 to 12) 71,480.3 1,07,690.2 1,04,999.2 1,12,590.6 37,179.0 45,601.4 3,91,579.2 5,55,081.2

1. Housing 23.9 518.5 423.5 498.5 0.0 0.1 0.0 0.0

2. Urban Development 1,698.4 1,763.2 1,700.5 1,763.7 5,137.6 9,505.5 4,800.0 4,800.0

3. Crop Husbandry 0.1 138.5 138.5 138.5 0.2 0.3 0.6 0.6

4. Food Storage and Warehousing 270.1 380.3 343.0 422.3 – 0.0 0.0 0.0

5. Co–operation 2,243.7 4,687.0 3,384.4 4,207.9 511.3 558.3 264.9 265.3

6. Minor Irrigation – – – – –

7. Power Projects 1,352.8 – – – 31,520.0 35,000.0 3,86,500.0 5,50,000.0

8. Village and Small Industries 994.1 1,381.5 905.9 1,283.4 – 0.0 0.0 0.0

9. Industries and Minerals 308.3 1,753.9 857.8 2,003.9 – 0.0 – 0.0

10. Road Transport 297.6 0.1 0.1 0.1 – – – –

11. Government Servants, etc.+ 59,609.3 94,041.0 94,132.7 98,589.7 0.2 2.2 0.6 1.2

12. Others** 4,682.0 3,026.4 3,112.9 3,682.8 9.7 535.1 13.1 14.0 IV. Inter–State Settlement – – – – -38.8 170.0 155.0 150.0 V. Contingency Fund – 100.0 100.0 100.0 – 1,00,000.0 1,00,000.0 1,00,000.0 VI. State Provident Funds, etc. (1 + 2) 1,48,96,615.9 1,70,01,466.3 1,62,22,288.0 1,72,18,479.9 3,95,248.6 7,00,682.5 3,96,870.9 4,08,777.0

1. State Provident Funds 9,94,080.0 6,89,047.3 10,52,864.5 10,79,934.6 3,65,598.9 6,83,261.4 3,43,335.6 3,53,635.6

2. Others 1,39,02,535.9 1,63,12,419.0 1,51,69,423.4 1,61,38,545.4 29,649.7 17,421.1 53,535.3 55,141.4 VII. Reserve Funds (1 to 4) 1,33,365.3 90,354.2 94,989.7 92,624.0 9,55,477.7 6,21,116.4 5,40,664.5 7,59,006.2

1. Depreciation/Renewal Reserve Funds – – – – 7.7 8.9 7.1 7.3

2. Sinking Funds 76,361.7 40,044.0 40,044.0 40,044.0 – 20,000.0 0.0 0.0

3. Famine Relief Fund – – – – – 0.0 0.0 0.0

4. Others 57,003.6 50,310.1 54,945.7 52,579.9 9,55,469.9 6,01,107.5 5,40,657.3 7,58,998.9 VIII. Deposits and Advances (1 to 4) 6,70,450.3 8,16,167.9 5,68,232.0 6,46,829.9 46,05,332.0 76,54,285.2 66,28,395.2 82,30,690.3

1. Civil Deposits 4,55,724.6 6,44,187.1 3,71,738.4 4,11,858.4 6,11,259.8 10,15,550.4 4,53,468.0 5,02,747.5

2. Deposits of Local Funds -0.4 0.5 0.5 0.1 77,576.5 1,52,819.8 41,778.8 43,032.1

3. Civil Advances 44.1 0.0 0.0 0.0 1.9 – 0.0 0.0

4. Others 2,14,682.0 1,71,980.3 1,96,493.1 2,34,971.4 39,16,493.8 64,85,915.1 61,33,148.5 76,84,910.7 IX. Suspense and Miscellaneous (1 to 4) 2,23,52,826.2 2,31,98,301.6 1,83,47,682.2 1,83,23,160.3 7,85,86,330.3 7,54,76,429.1 8,47,26,264.8 8,59,62,984.2

1. Suspense 36,25,374.6 39,04,320.6 38,98,701.2 39,04,179.4 44,379.8 84,292.3 24,789.0 25,532.7

2. Cash Balance Investment Accounts 49,54,053.2 59,45,000.0 11,00,000.0 10,00,000.0 3,84,98,619.4 3,83,49,017.3 3,96,53,578.0 3,95,38,116.8

3. Deposits with RBI – 0.0 0.0 0.0 1,96,11,770.1 1,77,41,144.1 2,29,99,924.5 2,36,89,922.3

4. Others 1,37,73,398.5 1,33,48,980.9 1,33,48,980.9 1,34,18,980.9 2,04,31,561.1 1,93,01,975.4 2,20,47,973.3 2,27,09,412.5 X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts 4,750.7 6,630.2 4,500.1 6,630.2 378.0 1,670.9 375.9 376.9 XII. Remittances 4,66,856.7 3,36,125.9 3,34,896.0 3,16,336.3 28,21,099.3 21,52,372.6 39,22,782.4 40,40,466.4 249State Finances : A Study of Budgets of 2025-26

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) MAHARASHTRA MANIPUR Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 6,52,05,278.3 8,20,76,248.2 8,51,53,955.2 8,59,49,179.1 17,33,726.2 11,29,236.2 12,57,076.2 12,83,056.2 TOTAL CAPITAL RECEIPTS 1,32,03,756.8 1,32,94,721.8 1,59,26,100.8 1,55,00,285.4 2,14,000.6 2,09,889.5 2,59,769.5 3,83,749.5 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 1,15,34,152.1 1,27,74,867.6 1,44,44,555.9 1,44,03,415.6 9,15,961.2 6,82,500.0 6,82,500.0 6,82,500.0

1. Market Loans 1,09,99,975.9 1,08,00,000.0 1,25,23,800.0 1,25,00,000.0 1,42,600.0 1,50,000.0 1,50,000.0 1,50,000.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for – – – – – – – – Agriculture and Rural Development 4,13,887.9 3,21,839.5 2,31,592.3 2,49,902.0 14,207.5 30,000.0 30,000.0 30,000.0

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative – – – – – – – – Development Corporation 55,895.6 28.0 503.5 503.5 – – – –

6. WMA from RBI – 3,000.0 3,000.0 3,000.0 7,59,153.6 5,00,000.0 5,00,000.0 5,00,000.0

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ 64,392.7 16,50,000.1 16,85,660.0 16,50,010.0 – 2,500.0 2,500.0 2,500.0 II. Loans and Advances from the Centre (1 to 6) 10,64,600.0 9,72,138.0 16,69,243.8 11,36,904.4 59,624.1 60,000.0 1,27,000.0 2,00,000.0

1. State Plan Schemes – – – – 59,624.1 60,000.0 1,27,000.0 2,00,000.0

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 10,64,600.0 9,72,138.0 16,69,243.8 11,36,904.4 – – – – legislature schemes III. Recovery of Loans and Advances (1 to 12) 74,220.1 2,47,510.4 2,69,345.1 2,82,176.5 108.1 379.5 379.5 379.5

1. Housing 2,903.2 12,364.0 12,364.0 12,611.3 – – – –

2. Urban Development 1,356.5 1,494.5 23,329.1 31,240.2 – – – –

3. Crop Husbandry 0.2 8.5 8.5 8.7 – – – –

4. Food Storage and Warehousing – – – – – – – –

5. Co–operation 1,775.1 17,314.7 17,314.7 17,661.0 0.4 7.0 7.0 7.0

6. Minor Irrigation 0.3 1.0 1.0 1.1 – – – –

7. Power Projects 20,309.9 1,60,538.3 1,60,538.3 1,63,749.0 – – – –

8. Village and Small Industries 282.0 284.7 284.7 290.4 – 0.5 0.5 0.5

9. Industries and Minerals -7,370.8 1,369.4 1,369.4 1,396.8 – – – –

10. Road Transport – – – – – – – –

11. Government Servants, etc.+ 41,706.1 44,689.5 44,689.5 45,583.3 107.7 120.0 120.0 120.0

12. Others** 13,257.6 9,445.9 9,445.9 9,634.8 – 252.0 252.0 252.0 IV. Inter–State Settlement – – – – – – – – V. Contingency Fund – – – – – – 50,000.0 – VI. State Provident Funds, etc. (1 + 2) 5,81,796.7 5,75,679.4 5,91,613.2 6,06,033.9 29,127.2 40,350.0 40,350.0 40,350.0

1. State Provident Funds 5,12,690.2 4,94,654.0 4,94,654.0 5,19,223.8 28,786.8 40,000.0 40,000.0 40,000.0

2. Others 69,106.6 81,025.4 96,959.2 86,810.1 340.4 350.0 350.0 350.0 VII. Reserve Funds (1 to 4) 13,83,823.8 10,72,458.0 8,72,540.4 12,34,668.9 18,704.3 15,000.0 24,840.0 25,820.0

1. Depreciation/Renewal Reserve Funds 0.1 5.0 5.0 5.0 – – – –

2. Sinking Funds 7,61,704.7 4,00,000.0 2,00,000.0 5,00,000.0 14,809.8 7,500.0 15,000.0 15,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 6,22,119.0 6,72,453.0 6,72,535.3 7,34,663.9 3,894.6 7,500.0 9,840.0 10,820.0 VIII. Deposits and Advances (1 to 4) 69,10,351.6 48,62,329.9 50,25,914.2 51,77,065.1 57,258.2 71,000.0 68,000.0 68,000.0

1. Civil Deposits 60,01,803.7 44,92,880.5 45,31,501.1 45,39,733.8 3,997.2 9,000.0 5,000.0 5,000.0

2. Deposits of Local Funds – – – – – – –

3. Civil Advances 2,53,822.2 1,93,573.1 1,93,573.1 1,93,573.1 3,584.4 2,000.0 3,000.0 3,000.0

4. Others 6,54,725.7 1,75,876.3 3,00,840.0 4,43,758.1 49,676.6 60,000.0 60,000.0 60,000.0 IX. Suspense and Miscellaneous (1 to 4) 3,81,41,247.3 5,85,68,344.3 5,92,77,822.3 6,01,05,994.3 4,63,274.0 60,006.7 64,006.7 66,006.7

1. Suspense -64,416.1 9,731.6 9,731.6 9,731.6 27,756.7 7,000.0 11,000.0 13,000.0

2. Cash Balance Investment Accounts 3,88,53,918.1 5,65,75,150.0 5,72,84,628.0 5,81,12,800.0 4,29,809.0 50,000.0 50,000.0 50,000.0

3. Deposits with RBI – – – – – – – –

4. Others -6,48,254.7 19,83,462.7 19,83,462.7 19,83,462.7 5,708.3 3,006.7 3,006.7 3,006.7 X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts – – – – – – – – XII. Remittances 55,15,086.7 30,02,920.5 30,02,920.5 30,02,920.5 1,89,669.2 2,00,000.0 2,00,000.0 2,00,000.0 250Appendix III

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) MEGHALAYA MIZORAM Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 26,39,226.4 1,05,22,318.4 1,04,72,318.4 1,21,60,355.4 16,61,028.4 13,37,243.0 12,45,213.0 13,00,965.0 TOTAL CAPITAL RECEIPTS 5,16,630.4 3,34,830.0 2,84,830.0 4,65,025.2 1,63,772.6 1,89,010.0 1,53,900.0 2,03,762.0 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 6,15,316.9 3,43,735.0 2,93,735.0 4,69,047.8 5,64,806.2 1,48,203.0 1,42,503.0 1,46,503.0

1. Market Loans 1,36,400.0 2,78,616.0 2,28,616.0 3,44,267.8 90,231.4 1,17,000.0 1,17,000.0 1,15,000.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for Agriculture and Rural Development 20,000.0 27,000.0 22,000.0 22,000.0 29,487.9 25,000.0 25,000.0 25,000.0

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative – – – – Development Corporation – – – – 229.3 500.0 500.0 500.0

6. WMA from RBI 2,73,388.9 20,900.0 20,900.0 26,700.0 4,44,857.5 3.0 3.0 3.0

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ 1,85,528.0 17,219.0 22,219.0 76,080.0 – 5,700.0 – 6,000.0 II. Loans and Advances from the Centre (1 to 6) 1,36,116.8 9,000.0 9,000.0 9,800.0 75,397.7 51,000.0 64,000.0 76,115.0

1. State Plan Schemes – – – – – – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes 25.0 – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 1,36,091.8 9,000.0 9,000.0 9,800.0 75,397.7 51,000.0 64,000.0 76,115.0 legislature schemes III. Recovery of Loans and Advances (1 to 12) 2,402.9 2,995.0 2,995.0 3,593.5 2,395.8 3,360.0 3,360.0 2,497.0

1. Housing 31.7 28.0 28.0 62.5 79.9 130.0 130.0 62.1

2. Urban Development – – – – – – – 9.2

3. Crop Husbandry – – – – – – –

4. Food Storage and Warehousing – – – – – – – –

5. Co–operation 0.5 4.0 4.0 5.8 64.2 230.0 230.0 75.3

6. Minor Irrigation – – – – – – – –

7. Power Projects – – – – – – – –

8. Village and Small Industries – – – – – – – –

9. Industries and Minerals – – – – – – – –

10. Road Transport – – – – – – – –

11. Government Servants, etc.+ 2,370.7 2,963.0 2,963.0 3,525.2 2,250.5 3,000.0 3,000.0 2,349.3

12. Others** – – – – 1.3 – – 1.2 IV. Inter–State Settlement – – – – – – – – V. Contingency Fund – – – – – – – – VI. State Provident Funds, etc. (1 + 2) 49,345.5 50,378.0 50,378.0 55,910.2 51,031.9 66,700.0 64,700.0 51,200.0

1. State Provident Funds 49,345.5 50,378.0 50,378.0 55,910.2 49,785.1 65,000.0 63,000.0 50,000.0

2. Others – – – – 1,246.8 1,700.0 1,700.0 1,200.0 VII. Reserve Funds (1 to 4) 18,051.5 20,291.1 20,291.1 23,043.0 8,670.0 14,630.0 14,630.0 17,250.0

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds 10,358.2 10,752.0 10,752.0 12,700.0 3,240.0 6,480.0 6,480.0 8,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 7,693.2 9,539.0 9,539.0 10,343.0 5,430.0 8,150.0 8,150.0 9,250.0 VIII. Deposits and Advances (1 to 4) 1,64,163.9 95,051.3 95,051.3 1,89,669.4 1,40,814.3 1,47,550.0 1,36,900.0 1,30,000.0

1. Civil Deposits 1,25,805.3 65,531.1 65,531.1 1,45,307.1 1,40,433.5 1,47,550.0 1,30,000.0 1,23,000.0

2. Deposits of Local Funds – – – – – – – –

3. Civil Advances 8,262.6 4,818.0 4,818.0 5,058.9 380.8 – – –

4. Others 30,096.0 24,702.1 24,702.1 39,303.5 – – 6,900.0 7,000.0 IX. Suspense and Miscellaneous (1 to 4) 13,30,702.1 96,41,909.0 96,41,909.0 1,10,32,517.0 5,63,888.7 6,05,000.0 5,64,200.0 5,68,450.0

1. Suspense 828.6 8,051.0 8,051.0 8,453.6 96,324.6 5,000.0 96,400.0 96,150.0

2. Cash Balance Investment Accounts 13,29,147.0 17,64,886.0 17,64,886.0 27,61,642.8 4,62,795.9 6,00,000.0 4,63,000.0 4,67,800.0

3. Deposits with RBI – 78,68,209.0 78,68,209.0 82,61,619.5 – – – –

4. Others 726.6 763.0 763.0 801.1 4,768.3 – 4,800.0 4,500.0 X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts – – – – – – – – XII. Remittances 3,23,126.8 3,58,959.0 3,58,959.0 3,76,774.7 2,54,023.8 3,00,800.0 2,54,920.0 3,08,950.0 251State Finances : A Study of Budgets of 2025-26

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) NAGALAND ODISHA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 25,53,768.4 15,70,065.9 17,09,932.9 16,11,088.2 15,01,61,440.2 7,75,36,343.0 7,72,36,343.0 8,51,05,975.6 TOTAL CAPITAL RECEIPTS 3,30,646.6 2,17,452.9 3,18,777.0 2,45,475.2 30,53,358.6 53,08,881.8 50,08,881.8 56,99,770.1 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 5,08,829.8 5,90,582.4 5,39,392.6 6,06,541.0 13,82,138.3 35,78,170.0 25,78,170.0 38,25,000.0

1. Market Loans 2,55,128.8 2,30,576.3 1,81,112.9 2,49,476.0 125.0 15,78,000.0 5,78,000.0 17,46,330.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for Agriculture and Rural Development 3,674.8 4,391.4 4,482.0 4,631.2 4,10,653.8 6,21,500.0 6,21,500.0 6,90,000.0

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative – – – – – – – – Development Corporation – – – – – – – –

6. WMA from RBI 2,47,899.4 3,50,000.0 3,50,000.0 3,50,000.0 – – – –

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ 2,126.8 5,614.6 3,797.7 2,433.8 9,71,359.5 13,78,670.0 13,78,670.0 13,88,670.0 II. Loans and Advances from the Centre (1 to 6) 99,049.2 3,719.6 1,64,231.9 3,781.7 4,30,192.8 6,71,330.0 8,71,330.0 8,15,000.0

1. State Plan Schemes – – – – – – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 99,049.2 3,719.6 1,64,231.9 3,781.7 4,30,192.8 6,71,330.0 8,71,330.0 8,15,000.0 legislature schemes III. Recovery of Loans and Advances (1 to 12) 298.5 151.0 152.5 152.5 55,932.3 50,500.0 50,500.0 60,000.0

1. Housing 1.8 – 1.5 1.5 1.4 10.8 10.8 10.8

2. Urban Development – – – – – 15.8 15.8 15.8

3. Crop Husbandry – – – – 20,000.0 9,600.3 9,600.3 19,100.3

4. Food Storage and Warehousing – – – – – 20.6 20.6 20.6

5. Co–operation 149.9 101.0 101.0 101.0 3,007.7 740.1 740.1 740.1

6. Minor Irrigation – – – – – 5.3 5.3 5.3

7. Power Projects – – – – 5,046.1 5,000.2 5,000.2 5,000.2

8. Village and Small Industries – – – – 4,253.6 505.7 505.7 505.7

9. Industries and Minerals – – – – 2,548.3 8.0 8.0 8.0

10. Road Transport – – – – – 0.1 0.1 0.1

11. Government Servants, etc.+ 146.8 50.0 50.0 50.0 21,047.8 33,062.3 33,062.3 33,062.3

12. Others** – – – – 27.4 1,530.9 1,530.9 1,530.9 IV. Inter–State Settlement – – – – – – – – V. Contingency Fund – – – – – 40,000.0 40,000.0 – VI. State Provident Funds, etc. (1 + 2) 50,675.4 35,000.0 37,000.0 32,000.0 4,40,541.0 8,58,153.9 8,58,153.9 9,33,969.2

1. State Provident Funds 47,417.9 33,000.0 35,000.0 30,000.0 4,34,729.7 8,53,243.3 8,53,243.3 9,28,567.6

2. Others 3,257.5 2,000.0 2,000.0 2,000.0 5,811.3 4,910.6 4,910.6 5,401.6 VII. Reserve Funds (1 to 4) 18,198.0 28,250.0 34,292.9 23,750.0 22,78,648.2 15,03,229.5 15,03,229.5 16,53,552.2

1. Depreciation/Renewal Reserve Funds – – – – 0.2 0.2 0.2

2. Sinking Funds 11,882.9 15,000.0 10,000.0 10,500.0 1,22,146.8 0.1 0.1 0.1

3. Famine Relief Fund 1.3 1.3 1.4

4. Others 6,315.1 13,250.0 24,292.9 13,250.0 21,56,501.5 15,03,227.9 15,03,227.9 16,53,550.5 VIII. Deposits and Advances (1 to 4) 1,10,899.5 57,303.0 79,803.0 89,803.0 47,65,935.0 61,66,245.3 61,66,245.3 67,82,868.8

1. Civil Deposits 48,743.8 10,000.0 10,000.0 10,000.0 38,28,003.4 39,25,675.4 39,25,675.4 43,18,242.5

2. Deposits of Local Funds – – – – 3,42,719.4 3,80,344.9 3,80,344.9 4,18,379.1

3. Civil Advances 1,402.2 1,800.0 1,800.0 1,800.0 97,986.9 46,863.4 46,863.4 51,549.6

4. Others 60,753.5 45,503.0 68,003.0 78,003.0 4,97,225.4 18,13,361.6 18,13,361.6 19,94,697.7 IX. Suspense and Miscellaneous (1 to 4) 14,38,060.6 6,55,000.0 6,55,000.0 6,55,000.0 13,60,12,257.5 5,93,35,955.4 5,93,35,955.4 6,52,69,549.5

1. Suspense 1,01,446.8 5,000.0 50,000.0 50,000.0 -15,762.3 1,252.2 1,252.2 1,376.1

2. Cash Balance Investment Accounts 13,33,260.0 6,00,000.0 6,00,000.0 6,00,000.0 3,05,50,065.8 5,93,11,883.1 5,93,11,883.1 6,52,43,071.4

3. Deposits with RBI – – – – 10,54,77,123.1 1.3 1.3 1.4

4. Others 3,353.8 50,000.0 5,000.0 5,000.0 830.9 22,818.8 22,818.8 25,100.6 X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts – – – – – – – – XII. Remittances 3,27,757.4 2,00,060.0 2,00,060.0 2,00,060.0 47,95,795.1 53,32,759.0 58,32,759.0 57,66,035.9 252Appendix III

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) PUNJAB RAJASTHAN Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 2,13,56,926.3 5,22,26,448.2 5,45,01,539.5 5,45,62,338.4 5,43,14,922.9 5,53,88,322.7 6,33,35,059.6 5,74,33,058.8 TOTAL CAPITAL RECEIPTS 91,01,731.1 90,29,900.4 90,60,822.8 93,27,984.6 95,48,215.4 1,01,14,804.8 1,01,33,585.7 1,22,64,753.3 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 1,02,82,219.4 96,33,148.0 1,14,91,189.0 1,20,35,000.0 2,11,30,703.1 2,11,73,600.1 2,15,07,616.0 2,16,22,195.0

1. Market Loans 42,38,605.4 38,33,148.0 42,66,189.0 48,10,000.0 73,62,399.5 78,53,600.0 77,30,600.0 92,95,195.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for Agriculture and Rural Development 65,000.0 80,000.0 80,000.0 80,000.0 2,55,172.0 2,80,000.0 2,57,016.0 2,92,000.0

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative Development Corporation – 0.0 0.0 0.0 – 0.0 0.0 0.0

6. WMA from RBI 12,94,929.7 9,00,000.0 29,25,000.0 29,25,000.0 1,35,11,220.0 1,30,00,000.0 1,35,00,000.0 1,20,00,000.0

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ 46,83,684.3 48,20,000.0 42,20,000.0 42,20,000.0 1,911.6 40,000.0 20,000.0 35,000.0 II. Loans and Advances from the Centre (1 to 6) 21,181.5 2,50,000.0 2,95,458.8 80,000.0 10,95,930.4 10,28,254.0 13,43,963.9 17,26,606.0

1. State Plan Schemes -90,657.3 60,000.0 – – – – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 1,11,838.8 1,90,000.0 2,95,458.8 80,000.0 10,95,930.4 10,28,254.0 13,43,963.9 17,26,606.0 legislature schemes III. Recovery of Loans and Advances (1 to 12) 3,877.5 15,000.0 17,422.5 19,025.0 40,474.3 30,552.7 52,945.7 41,638.9

1. Housing – – – – 6.3 – – –

2. Urban Development – – – – 7,286.8 6,219.0 0.0 0.0

3. Crop Husbandry – – – – 0.1 – – –

4. Food Storage and Warehousing 342.5 15,000.0 15,000.0 15,000.0 2,247.3 1,200.0 6,569.4 4,161.0

5. Co–operation 705.4 – – – 1,851.8 – 705.6 705.6

6. Minor Irrigation – – – – – – – –

7. Power Projects 363.9 – – – 28,491.0 22,733.6 42,170.7 35,772.3

8. Village and Small Industries 53.2 – – – – – – –

9. Industries and Minerals – – – – 2.8 – – –

10. Road Transport – – – – -0.0 0.0 0.0 0.0

11. Government Servants, etc.+ 2,412.5 – 2,422.5 4,025.0 1.9 – – –

12. Others** 0.1 – – – 586.3 400.0 3,500.0 1,000.0 IV. Inter–State Settlement – – – – – – – – V. Contingency Fund – – – – – – – – VI. State Provident Funds, etc. (1 + 2) 3,41,767.2 4,09,873.5 3,34,389.5 3,34,389.5 16,40,828.6 17,48,004.6 17,32,002.8 18,48,277.7

1. State Provident Funds 3,32,174.8 4,00,000.0 3,24,516.0 3,24,516.0 9,29,905.0 10,07,025.3 9,58,042.9 10,06,510.7

2. Others 9,592.4 9,873.5 9,873.5 9,873.5 7,10,923.6 7,40,979.3 7,73,959.9 8,41,767.0 VII. Reserve Funds (1 to 4) 4,62,901.5 2,48,127.9 2,19,967.8 2,70,811.9 17,37,586.1 19,69,228.0 20,23,432.7 17,69,572.1

1. Depreciation/Renewal Reserve Funds 259.9 – – – – 0.1 – –

2. Sinking Funds 2,26,504.5 1,00,000.0 49,155.9 60,000.0 – 70,000.0 1,83,451.1 1,50,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 2,36,137.0 1,48,127.9 1,70,811.9 2,10,811.9 17,37,586.1 18,99,227.9 18,39,981.6 16,19,572.1 VIII. Deposits and Advances (1 to 4) 6,87,787.7 6,14,175.7 10,86,988.9 7,66,988.9 2,43,82,581.1 2,60,88,207.1 3,18,65,313.3 2,59,14,984.0

1. Civil Deposits 3,65,685.1 3,46,988.9 3,46,988.9 3,46,988.9 46,18,125.5 56,98,399.6 62,79,882.7 54,29,092.2

2. Deposits of Local Funds – – 1,00,000.0 3,46,988.9 1,12,59,877.5 1,14,77,302.8 1,18,31,058.4 1,18,39,216.4

3. Civil Advances – – – – 9.1 11.7 11.7 11.7

4. Others 3,22,102.7 2,67,186.8 6,40,000.0 73,011.1 85,04,569.0 89,12,493.0 1,37,54,360.5 86,46,663.7 IX. Suspense and Miscellaneous (1 to 4) 95,46,908.6 4,10,02,839.2 4,10,02,839.2 4,10,02,839.2 28,33,618.7 19,67,643.7 30,48,488.8 30,48,488.8

1. Suspense 1,88,402.1 1,28,258.2 1,28,258.2 1,28,258.2 11,823.7 15,443.4 11,175.5 11,175.5

2. Cash Balance Investment Accounts 10,35,514.0 34,18,665.6 34,18,665.6 34,18,665.6 28,21,773.0 19,52,153.0 30,37,266.0 30,37,266.0

3. Deposits with RBI – 3,05,58,768.3 3,05,58,768.3 3,05,58,768.3 – – – –

4. Others 83,22,992.5 68,97,147.0 68,97,147.0 68,97,147.0 22.0 47.3 47.3 47.3 X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts 0.1 50,000.0 50,000.0 50,000.0 1,423.9 2,000.0 2,000.0 2,000.0 XII. Remittances 10,282.9 3,283.9 3,283.9 3,283.9 14,51,776.7 13,80,832.6 17,59,296.4 14,59,296.4 253State Finances : A Study of Budgets of 2025-26

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) SIKKIM TAMIL NADU Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 26,14,796.6 24,95,077.6 26,15,490.2 27,02,663.7 9,88,73,559.8 3,43,77,168.4 5,49,84,113.9 5,29,95,410.5 TOTAL CAPITAL RECEIPTS 2,77,359.8 3,29,766.0 3,80,525.5 3,59,698.6 1,33,95,983.6 1,54,56,433.9 1,41,79,169.5 1,52,21,769.8 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 1,98,453.0 2,23,802.0 2,23,802.0 2,65,132.0 1,16,60,222.4 1,26,96,512.0 1,27,63,100.0 1,41,20,000.0

1. Market Loans 1,91,600.0 2,16,802.0 2,16,802.0 2,58,132.0 1,13,00,084.8 1,21,86,512.0 1,24,03,100.0 1,36,50,000.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for Agriculture and Rural Development 6,853.0 7,000.0 7,000.0 7,000.0 3,40,143.1 4,00,000.0 3,36,000.0 4,00,000.0

4. Loans from SBI and other Banks – – – – 19,994.5 1,10,000.0 24,000.0 70,000.0

5. Loans from National Co-operative Development Corporation – – – – – – – –

6. WMA from RBI – – – – – – – –

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ – – – – – – – – II. Loans and Advances from the Centre (1 to 6) 80,088.1 1,03,726.5 1,53,567.5 1,05,736.5 14,99,491.6 18,53,200.0 10,72,475.0 10,83,970.4

1. State Plan Schemes – – – – 9,66,850.1 13,50,000.0 5,59,371.5 5,05,336.1

2. Central Plan Schemes – – – – – 0.0 0.0 0.0

3. Centrally Sponsored Schemes 37.5 36.5 36.5 36.5 – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 80,050.6 1,03,690.0 1,53,531.0 1,05,700.0 5,32,641.5 5,03,200.0 5,13,103.4 5,78,634.3 legislature schemes III. Recovery of Loans and Advances (1 to 12) 38.8 32.7 32.7 32.7 4,02,446.8 4,80,036.5 3,93,966.5 75,588.8

1. Housing – – – – 0.5 – – –

2. Urban Development – – – – 96,090.2 22,412.6 69,977.3 17,319.8

3. Crop Husbandry – – – – 13,115.0 – – –

4. Food Storage and Warehousing – – – – 1,693.8 – – –

5. Co–operation – – – – 18,470.8 1,644.1 1,832.1 1,832.1

6. Minor Irrigation – – – – – – – –

7. Power Projects – – – – 1,97,779.4 2,65,000.0 2,44,480.1 0.0

8. Village and Small Industries – – – – 443.9 30.7 21.5 10.0

9. Industries and Minerals – – – – 19,652.7 32,609.1 28,331.0 14,138.0

10. Road Transport – – – – 2,088.0 – – –

11. Government Servants, etc.+ 38.8 30.0 30.0 30.0 24,010.1 40,610.9 41,062.0 34,323.3

12. Others** – 2.7 2.7 2.7 29,102.3 1,17,729.2 8,262.5 7,965.5 IV. Inter–State Settlement – – – – – – – – V. Contingency Fund – – – – – – 35,000.0 – VI. State Provident Funds, etc. (1 + 2) 46,545.2 48,548.5 48,548.5 48,633.4 9,30,456.8 10,08,736.1 9,33,151.0 10,05,705.4

1. State Provident Funds 45,879.2 47,700.0 47,700.0 47,700.0 9,16,140.4 9,95,471.2 9,18,831.8 9,91,386.2

2. Others 666.1 848.5 848.5 933.4 14,316.4 13,264.9 14,319.2 14,319.2 VII. Reserve Funds (1 to 4) 32,053.2 44,771.8 45,690.3 20,264.0 15,90,453.5 12,03,157.3 11,11,078.1 13,33,401.6

1. Depreciation/Renewal Reserve Funds – – – – 289.7 289.7 292.1 292.1

2. Sinking Funds 7,550.5 1,500.0 1,500.0 2,100.0 7,17,068.0 1,30,470.7 40,987.4 1,77,381.8

3. Famine Relief Fund – – – – – – – –

4. Others 24,502.7 43,271.8 44,190.3 18,164.0 8,73,095.8 10,72,397.0 10,69,798.6 11,55,727.7 VIII. Deposits and Advances (1 to 4) 51,492.4 44,664.3 44,664.3 56,741.3 1,18,71,111.7 80,87,318.7 92,44,725.0 1,00,21,908.5

1. Civil Deposits 21,741.2 13,664.3 13,664.3 21,741.3 1,01,83,128.3 57,88,859.8 70,17,214.0 79,05,713.5

2. Deposits of Local Funds – – – – 2,27,745.7 2,18,241.9 2,26,760.2 2,26,765.8

3. Civil Advances – – – – 0.2 –

4. Others 29,751.2 31,000.0 31,000.0 35,000.0 14,60,237.6 20,80,217.0 20,00,750.9 18,89,429.2 IX. Suspense and Miscellaneous (1 to 4) 18,53,512.5 17,34,434.1 18,04,087.2 18,53,510.6 7,09,18,206.6 90,47,870.6 2,94,29,762.9 2,53,54,331.9

1. Suspense 686.1 681.0 681.0 686.1 66,64,624.1 -60,22,175.6 75,85,586.2 75,85,586.2

2. Cash Balance Investment Accounts 10,60,653.1 9,91,000.0 10,60,653.1 10,60,653.1 2,97,83,629.1 1,50,70,025.9 2,18,44,161.5 1,77,68,730.5

3. Deposits with RBI – – – – – – – –

4. Others 7,92,173.3 7,42,753.1 7,42,753.1 7,92,171.3 3,44,69,953.4 20.3 15.2 15.2 X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts – – – – 1,187.6 336.8 855.0 503.5 XII. Remittances 3,52,613.3 2,95,097.6 2,95,097.6 3,52,613.3 -17.2 0.3 0.4 0.4 254Appendix III

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) TELANGANA TRIPURA Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 2,40,46,603.5 1,62,48,317.0 1,57,41,168.5 1,66,83,372.1 44,21,819.6 6,32,149.0 7,43,060.5 7,71,660.7 TOTAL CAPITAL RECEIPTS 59,19,864.5 69,57,248.5 64,50,100.0 74,64,592.5 1,75,424.2 3,68,644.0 5,03,286.0 5,02,773.0 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 1,48,62,571.4 58,21,248.5 58,04,000.0 65,63,900.0 70,322.4 2,30,000.0 2,02,600.0 2,52,175.0

1. Market Loans 49,61,800.4 57,11,248.5 56,94,000.0 64,53,900.0 – 1,60,000.0 1,25,500.0 1,22,500.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for – – – – Agriculture and Rural Development 91,022.5 1,00,000.0 1,00,000.0 1,00,000.0 70,322.4 65,000.0 65,000.0 1,09,775.0

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative – – – – – – – – Development Corporation – – – – – 200.0 – –

6. WMA from RBI 98,09,748.5 10,000.0 10,000.0 10,000.0 – – – –

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ – – – – 4,800.0 12,100.0 19,900.0 II. Loans and Advances from the Centre (1 to 6) 1,94,833.8 3,90,000.0 2,50,000.0 4,00,000.0 69,746.3 96,144.0 2,59,586.0 2,07,198.0

1. State Plan Schemes – – – – – – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 1,94,833.8 3,90,000.0 2,50,000.0 4,00,000.0 69,746.3 96,144.0 2,59,586.0 2,07,198.0 legislature schemes III. Recovery of Loans and Advances (1 to 12) 3,596.6 3,56,000.0 6,100.0 1,10,692.5 89.2 2,500.0 1,100.0 3,400.0

1. Housing – 685.0 685.0 715.0 – 1.5 1.6 1.6

2. Urban Development – 3,50,000.0 100.0 1,00,000.0 – – – –

3. Crop Husbandry – – – – – – – –

4. Food Storage and Warehousing – – – – – – – –

5. Co–operation – 120.0 120.0 120.0 49.7 118.0 88.0 88.0

6. Minor Irrigation – – – – – – – –

7. Power Projects – – – – – 2,300.0 900.0 3,200.0

8. Village and Small Industries – – – – – – – –

9. Industries and Minerals – 337.0 337.0 337.0 – – – –

10. Road Transport – – – – – – – –

11. Government Servants, etc.+ 3,596.6 4,856.0 4,856.0 9,518.5 39.5 80.5 110.4 110.4

12. Others** – 2.0 2.0 2.0 – – – – IV. Inter–State Settlement 13.5 – – – – – – – V. Contingency Fund – – – – – – – – VI. State Provident Funds, etc. (1 + 2) 3,46,822.1 3,18,083.2 3,18,083.2 4,16,194.3 1,82,720.5 1,96,600.0 1,86,400.0 1,89,850.0

1. State Provident Funds 1,99,859.2 1,81,968.5 1,81,968.5 2,39,831.2 1,78,672.9 1,92,400.0 1,82,200.0 1,85,550.0

2. Others 1,46,962.9 1,36,114.6 1,36,114.6 1,76,363.0 4,047.6 4,200.0 4,200.0 4,300.0 VII. Reserve Funds (1 to 4) 2,36,877.8 1,62,318.4 1,62,318.4 2,84,253.4 67,657.3 62,700.0 50,972.5 67,048.0

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds 1,15,890.8 83,783.5 83,783.5 1,39,069.0 17,202.2 10,000.0 10,171.5 10,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 1,20,987.0 78,534.9 78,534.9 1,45,184.4 50,455.1 52,700.0 40,801.1 57,048.0 VIII. Deposits and Advances (1 to 4) 74,21,814.3 92,00,667.0 92,00,667.0 89,08,331.9 45,977.6 35,700.0 42,200.0 51,773.7

1. Civil Deposits 48,89,830.9 54,47,580.3 54,47,580.3 58,68,078.9 37,233.1 28,200.0 29,500.0 25,890.0

2. Deposits of Local Funds 15,46,391.0 18,49,144.1 18,49,144.1 18,55,723.0 – – – –

3. Civil Advances 1.6 1.0 1.0 1.9 – – – –

4. Others 9,85,590.8 19,03,941.7 19,03,941.7 11,84,528.1 8,744.5 7,500.0 12,700.0 25,883.7 IX. Suspense and Miscellaneous (1 to 4) 9,72,121.3 – – – 39,85,345.5 8,505.0 202.0 216.0

1. Suspense 2,97,620.0 – – – 2,569.6 8,505.0 202.0 216.0

2. Cash Balance Investment Accounts 6,72,012.7 – – – 39,82,775.9 – – –

3. Deposits with RBI – – – – – – – –

4. Others 2,488.6 – – – – – – – X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts – – – – – – – – XII. Remittances 7,952.8 – – – -39.1 – – – 255State Finances : A Study of Budgets of 2025-26

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) UTTARAKHAND UTTAR PRADESH Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 1,10,25,235.4 39,95,280.7 38,82,575.0 50,30,280.8 29,78,52,210.3 5,89,16,629.1 5,81,39,139.1 6,21,44,416.0 TOTAL CAPITAL RECEIPTS 10,64,397.1 14,12,447.9 13,85,928.3 19,62,447.9 1,27,92,172.6 1,10,03,392.2 1,10,03,142.4 1,10,05,172.2 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 26,78,199.1 26,26,000.0 26,60,000.0 36,75,000.0 1,00,90,000.0 89,69,379.0 79,69,379.0 90,17,929.0

1. Market Loans 6,30,000.0 10,00,000.0 10,70,000.0 16,00,000.0 97,65,000.0 76,15,000.0 76,15,000.0 77,15,000.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for – – – – – – – – Agriculture and Rural Development 84,548.4 90,000.0 90,000.0 1,00,000.0 3,25,000.0 3,50,000.0 3,50,000.0 3,00,000.0

4. Loans from SBI and other Banks – 25,000.0 – 0.0 – – – –

5. Loans from National Co-operative – – – – – – – – Development Corporation 10,979.9 11,000.0 0.0 0.0 – 4,300.0 4,300.0 2,850.0

6. WMA from RBI 19,52,670.8 15,00,000.0 15,00,000.0 19,50,000.0 – 10,00,000.0 – 10,00,000.0

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ – – 0.0 25,000.0 – 79.0 79.0 79.0 II. Loans and Advances from the Centre (1 to 6) 2,04,969.6 1,66,000.0 1,50,000.0 1,72,000.0 19,75,396.2 21,53,900.0 21,53,900.0 23,13,026.0

1. State Plan Schemes – 16,000.0 15,000.0 22,000.0 – – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – 17,93,900.0 17,93,900.0 17,93,900.0

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 2,04,969.6 1,50,000.0 1,35,000.0 1,50,000.0 19,75,396.2 3,60,000.0 3,60,000.0 5,19,126.0 legislature schemes III. Recovery of Loans and Advances (1 to 12) 1,581.8 2,421.3 2,428.3 2,421.3 1,83,443.9 3,29,863.0 3,29,863.0 3,24,217.0

1. Housing – – – – – – – –

2. Urban Development – – – – 0.0 7,865.0 7,865.0 8,295.0

3. Crop Husbandry – – – – 1.8 692.0 692.0 875.0

4. Food Storage and Warehousing – – – – 0.1 75.0 75.0 95.0

5. Co-operation 103.0 448.5 455.5 448.5 2,116.8 4,830.0 4,830.0 9,655.0

6. Minor Irrigation – – – – – – – –

7. Power Projects 1,403.2 1,815.0 1,815.0 1,815.0 – 94,626.0 94,626.0 –

8. Village and Small Industries – 5.5 5.5 5.5 41.7 27.0 27.0 65.0

9. Industries and Minerals – – – – 1,23,243.4 1,53,252.0 1,53,252.0 2,16,543.0

10. Road Transport – – – – 494.5 1,500.0 1,500.0 2,293.0

11. Government Servants, etc.+ 75.6 152.3 152.3 152.3 5,425.5 19,235.0 19,235.0 27,315.0

12. Others** – 0.0 0.0 0.0 52,120.0 47,761.0 47,761.0 59,081.0 IV. Inter-State Settlement – – – – – – – – V. Contingency Fund 17,850.4 40,000.0 25,000.0 30,000.0 22,308.5 10,000.0 10,000.0 10,000.0 VI. State Provident Funds, etc. (1 + 2) 1,95,948.6 1,66,888.2 1,59,613.2 1,66,888.2 12,23,280.0 15,80,645.0 15,80,645.0 16,05,470.0

1. State Provident Funds 1,91,757.9 1,62,576.2 1,58,200.0 1,62,576.2 11,83,720.0 15,16,145.0 15,16,145.0 15,37,970.0

2. Others 4,190.6 4,312.0 1,413.2 4,312.0 39,560.1 64,500.0 64,500.0 67,500.0 VII. Reserve Funds (1 to 4) 1,56,946.8 1,75,470.6 1,37,710.1 1,75,470.6 11,91,157.7 12,15,051.0 14,37,561.0 22,57,822.9

1. Depreciation/Renewal Reserve Funds – – – – – 4,000.0 4,000.0 4,000.0

2. Sinking Funds 10,000.0 33,000.0 21,500.0 33,000.0 1,50,000.0 2,50,000.0 4,50,000.0 13,00,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 1,46,946.8 1,42,470.6 1,16,210.1 1,42,470.6 10,41,157.7 9,61,051.0 9,83,561.0 9,53,822.9 VIII. Deposits and Advances (1 to 4) 6,21,272.8 4,89,390.7 3,07,589.8 4,89,390.7 40,37,802.4 25,41,675.1 25,41,675.1 28,91,800.1

1. Civil Deposits 2,37,795.3 2,39,790.6 2,19,241.1 2,39,790.6 23,65,985.5 9,91,050.1 9,91,050.1 11,91,050.1

2. Deposits of Local Funds 2,25,439.6 97,000.0 59,704.2 97,000.0 2,78,112.0 2,89,525.0 2,89,525.0 2,85,050.0

3. Civil Advances – 17,600.0 17,490.0 17,600.0 12,252.5 – – –

4. Others 1,58,038.0 1,35,000.0 11,154.5 1,35,000.0 13,81,452.4 12,61,100.0 12,61,100.0 14,15,700.0 IX. Suspense and Miscellaneous (1 to 4) 71,48,240.6 2,56,300.0 1,55,893.0 2,56,300.0 27,67,77,155.6 4,16,66,116.1 4,16,66,116.1 4,32,74,151.1

1. Suspense 1,46,593.3 33,000.0 23,402.0 33,000.0 -7,258.5 1,48,740.0 1,48,740.0 1,48,740.0

2. Cash Balance Investment Accounts 15,21,732.2 1,10,000.0 – 1,10,000.0 7,21,05,212.3 2,90,00,000.0 2,90,00,000.0 3,06,00,000.0

3. Deposits with RBI – – – – 15,49,47,307.7 – – –

4. Others 54,79,915.2 1,13,300.0 1,32,491.0 1,13,300.0 4,97,31,894.1 1,25,17,376.0 1,25,17,376.0 1,25,25,411.0 X. Appropriation to Contingency Fund – 0.0 0.0 0.0 – – – – XI. Miscellaneous Capital Receipts – 10,000.0 0.0 0.0 – – – – XII. Remittances 225.7 62,810.0 2,84,340.6 62,810.0 23,51,666.2 4,50,000.0 4,50,000.0 4,50,000.0 256Appendix III

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) WEST BENGAL Item 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 12,44,39,618.4 13,21,05,145.2 13,64,86,312.0 14,07,21,790.1 TOTAL CAPITAL RECEIPTS 90,50,533.0 94,06,292.9 1,03,85,998.5 1,00,09,450.5 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 72,21,951.2 1,12,35,900.0 1,12,67,000.0 99,91,173.0

1. Market Loans 69,90,997.7 79,72,700.0 80,00,000.0 81,97,233.0

2. Loans from LIC – – – –

3. Loans from National Bank for – – – – Agriculture and Rural Development – – – –

4. Loans from SBI and other Banks – – – –

5. Loans from National Co-operative – – – – Development Corporation – – – –

6. WMA from RBI – 30,00,000.0 30,00,000.0 15,00,000.0

7. Special Securities issued to NSSF – – – –

8. Others (including 106)@ 2,30,953.6 2,63,200.0 2,67,000.0 2,93,940.0 II. Loans and Advances from the Centre (1 to 6) 7,95,192.8 9,33,000.0 15,11,000.0 10,86,000.0

1. State Plan Schemes – – – –

2. Central Plan Schemes – – – –

3. Centrally Sponsored Schemes – – – –

4. Non-Plan Loans – – – –

5. Loans for Special Schemes – – – –

6. Other Loans for States/Union Territories with 7,95,192.8 9,33,000.0 15,11,000.0 10,86,000.0 legislature schemes III. Recovery of Loans and Advances (1 to 12) 1,45,597.6 18,736.2 22,254.5 2,22,362.7

1. Housing 0.2 0.8 0.5 0.5

2. Urban Development – – – –

3. Crop Husbandry – 12.0 10.0 10.0

4. Food Storage and Warehousing 816.7 200.0 950.0 1,000.0

5. Co–operation 10.4 23.0 21.4 21.6

6. Minor Irrigation – – – –

7. Power Projects 1,35,909.1 9,040.0 10,675.0 2,10,703.0

8. Village and Small Industries 0.8 1.2 1.2 1.2

9. Industries and Minerals 8,685.8 7,099.0 9,858.0 9,863.0

10. Road Transport – 2,100.0 400.0 400.0

11. Government Servants, etc.+ 119.2 173.6 158.4 178.4

12. Others** 55.5 86.6 180.0 185.0 IV. Inter–State Settlement – – – – V. Contingency Fund – – 7,893.6 – VI. State Provident Funds, etc. (1 + 2) 5,18,370.4 5,44,276.8 5,72,207.7 5,70,864.5

1. State Provident Funds 5,16,851.6 5,42,687.1 5,71,100.0 5,69,705.0

2. Others 1,518.7 1,589.7 1,107.7 1,159.5 VII. Reserve Funds (1 to 4) 5,03,004.7 1,11,485.9 5,52,484.5 1,23,216.6

1. Depreciation/Renewal Reserve Funds – – – –

2. Sinking Funds 1,12,633.1 -2,09,200.0 1,55,000.0 -3,08,200.0

3. Famine Relief Fund – – – –

4. Others 3,90,371.6 3,20,685.9 3,97,484.5 4,31,416.6 VIII. Deposits and Advances (1 to 4) 1,19,85,218.6 1,27,72,710.4 1,21,15,596.6 1,22,57,178.1

1. Civil Deposits 11,32,662.6 11,00,236.0 11,33,180.2 11,48,375.4

2. Deposits of Local Funds 28,82,056.5 28,34,328.4 21,31,068.9 20,62,002.5

3. Civil Advances – – – –

4. Others 79,70,499.5 88,38,146.0 88,51,347.5 90,46,800.2 IX. Suspense and Miscellaneous (1 to 4) 10,32,70,280.6 10,64,87,797.9 11,04,37,543.9 11,64,70,683.6

1. Suspense 9,733.9 1,09,403.6 1,09,403.6 67,710.0

2. Cash Balance Investment Accounts 2,83,01,585.0 2,88,30,375.0 2,90,55,080.0 3,17,13,413.0

3. Deposits with RBI 5,73,84,383.7 5,85,49,700.0 5,96,79,758.0 6,26,63,746.0

4. Others 1,75,74,577.9 1,89,98,319.4 2,15,93,302.3 2,20,25,814.7 X. Appropriation to Contingency Fund – – – – XI. Miscellaneous Capital Receipts – – – – XII. Remittances 2.5 1,238.0 331.2 311.6 257State Finances : A Study of Budgets of 2025-26

Appendix III : Capital Receipts of States and Union Territories with Legislature (Contd.) (₹ Lakh) DELHI PUDUCHERRY Item 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 9,825.0 10,37,911.0 4,02,254.3 15,48,955.0 2,14,168.3 40,14,586.0 40,33,535.3 40,99,597.8 TOTAL CAPITAL RECEIPTS 9,825.0 10,37,911.0 4,02,254.3 15,48,955.0 1,30,516.9 2,16,132.6 2,12,874.1 2,15,432.2 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) – – – – 1,23,741.2 2,06,636.0 2,06,636.0 2,10,142.0

1. Market Loans – – – – 1,10,000.0 1,60,000.0 1,61,636.0 1,73,142.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for – – – – – – – – Agriculture and Rural Development – – – – 9,304.9 15,000.0 15,000.0 15,000.0

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative – – – – – – – – Development Corporation – – – – – – – –

6. WMA from RBI – – – – – – – –

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106)@ – – – – 4,436.3 31,636.0 30,000.0 22,000.0 II. Loans and Advances from the Centre (1 to 6) – 10,00,001.0 3,98,000.0 15,38,000.0 3,200.0 – – –

1. State Plan Schemes – – – – – – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – – – – – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with – 10,00,001.0 3,98,000.0 15,38,000.0 3,200.0 – – – legislature schemes III. Recovery of Loans and Advances (1 to 12) 9,825.0 37,910.0 4,254.3 10,955.0 10.2 – – –

1. Housing – – – – 0.1 – – –

2. Urban Development – – – – – – – –

3. Crop Husbandry – – – – – – – –

4. Food Storage and Warehousing – – – – – – – –

5. Co–operation – – – – – – – –

6. Minor Irrigation – – – – – – – –

7. Power Projects – – – – – – – –

8. Village and Small Industries – – – – – – – –

9. Industries and Minerals – – – – – – – –

10. Road Transport – – – – – – – –

11. Government Servants, etc.+ 63.9 60.0 60.0 60.0 10.2 – – –

12. Others** 9,761.1 37,850.0 4,194.3 10,895.0 – – – – IV. Inter–State Settlement – – – – – – – – V. Contingency Fund – – – – – – – – VI. State Provident Funds, etc. (1 + 2) – – – – 30,773.9 34,780.0 34,780.0 35,700.0

1. State Provident Funds – – – – 30,037.5 34,000.0 34,000.0 35,000.0

2. Others – – – – 736.4 780.0 780.0 700.0 VII. Reserve Funds (1 to 4) – – – – 7,415.2 5,000.0 5,000.0 5,000.0

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds – – – – 7,415.2 5,000.0 5,000.0 5,000.0

3. Famine Relief Fund – – – – – – – –

4. Others – – – – – – – – VIII. Deposits and Advances (1 to 4) – – – – 22,475.7 23,989.7 24,103.1 24,826.2

1. Civil Deposits – – – – 22,615.1 23,690.0 23,730.0 24,441.9

2. Deposits of Local Funds – – – – – 1.0 1.0 1.1

3. Civil Advances – – – – 67.1 72.1 72.1 74.3

4. Others – – – – -206.5 226.6 300.0 309.0 IX. Suspense and Miscellaneous (1 to 4) – – – – 4,015.6 37,18,455.3 37,63,016.2 38,23,929.6

1. Suspense – – – – 15,989.3 16,480.0 200.0 206.0

2. Cash Balance Investment Accounts – – – – – 24,31,943.3 24,39,239.2 24,63,631.6

3. Deposits with RBI – – – – – 12,70,000.0 13,23,500.0 13,60,000.0

4. Others – – – – -11,973.8 31.9 77.0 92.0 X. Appropriation to Contingency Fund – – – – – – – – XI. Miscellaneous Capital Receipts – – – – – – – – XII. Remittances – – – – 22,536.5 25,725.0 – – 258Appendix III

Appendix III : Capital Receipts of States and Union Territories with Legislature (Concld.) (₹ Lakh) ALL STATE AND UTs Item 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget Estimates) (Revised Estimates) (Budget Estimates) 1 2 3 4 5 TOTAL CAPITAL RECEIPTS (I to XII) 1,51,42,37,959.6 1,01,95,89,077.5 1,05,84,28,781.4 1,11,93,99,417.9 TOTAL CAPITAL RECEIPTS 14,37,06,187.0 15,67,44,397.0 15,81,21,417.9 16,98,48,371.2 (Includes Public Accounts on a net basis)* I. Internal Debt (1 to 8) 15,82,03,899.6 16,14,62,037.9 16,85,40,385.8 17,82,85,298.9

1. Market Loans 10,07,05,831.8 11,11,97,853.5 11,29,54,526.9 12,44,82,300.0

2. Loans from LIC – – – –

3. Loans from National Bank for – – – – Agriculture and Rural Development 48,36,854.3 59,41,013.0 57,85,521.3 62,05,508.2

4. Loans from SBI and other Banks 27,206.6 1,57,500.0 24,000.0 90,000.0

5. Loans from National Co-operative Development Corporation 12,27,632.9 14,68,542.3 13,01,335.3 14,54,638.2

6. WMA from RBI 4,19,83,393.4 3,21,97,403.1 3,86,54,445.2 3,63,15,104.0

7. Special Securities issued to NSSF 15,08,023.0 14,69,523.3 16,49,707.0 16,00,000.0

8. Others (including 106)@ 79,14,957.7 90,30,202.7 81,70,850.1 81,37,748.5 II. Loans and Advances from the Centre (1 to 6) 1,42,51,767.3 1,68,14,157.1 1,99,60,953.3 1,98,14,470.0

1. State Plan Schemes 14,51,740.0 19,67,500.0 12,04,871.5 12,91,836.1

2. Central Plan Schemes – 0.0 0.0 0.0

3. Centrally Sponsored Schemes 62.5 17,93,936.5 17,93,936.5 17,93,936.5

4. Non-Plan Loans – – – –

5. Loans for Special Schemes – – – –

6. Other Loans for States/Union Territories with 1,27,99,964.8 1,30,52,720.6 1,69,62,145.3 1,67,28,697.4 legislature schemes III. Recovery of Loans and Advances (1 to 12) 23,07,482.9 21,48,987.2 21,03,198.3 24,68,081.1

1. Housing 3,625.7 18,325.6 18,248.4 13,970.3

2. Urban Development 1,39,398.0 4,28,356.7 1,36,869.0 1,91,443.7

3. Crop Husbandry 33,412.9 23,808.1 18,804.2 31,140.9

4. Food Storage and Warehousing 7,193.4 18,450.0 29,788.0 27,713.2

5. Co–operation 43,164.4 98,782.0 98,190.3 1,03,928.1

6. Minor Irrigation 0.3 6.3 6.3 6.4

7. Power Projects 13,28,880.0 8,29,032.4 11,85,863.1 12,00,175.6

8. Village and Small Industries 17,257.4 9,542.9 9,050.7 11,198.3

9. Industries and Minerals 3,26,791.5 2,06,337.9 2,07,345.2 2,77,084.2

10. Road Transport 76,608.1 3,600.2 4,665.2 1,22,693.2

11. Government Servants, etc.+ 1,82,259.3 2,65,482.7 2,71,517.3 2,90,400.5

12. Others** 1,48,891.9 2,47,262.3 1,22,850.7 1,98,326.9 IV. Inter–State Settlement 39.2 170.0 155.0 150.0 V. Contingency Fund 2,42,192.1 4,00,600.0 5,39,491.7 3,50,600.0 VI. State Provident Funds, etc. (1 + 2) 2,62,64,994.7 2,96,75,114.6 2,84,03,244.1 2,99,86,997.9

1. State Provident Funds 1,03,89,237.1 1,13,60,587.0 1,11,24,844.1 1,15,32,367.3

2. Others 1,58,75,757.5 1,83,14,527.6 1,72,78,400.0 1,84,54,630.6 VII. Reserve Funds (1 to 4) 1,53,59,315.3 1,20,32,266.7 1,29,48,972.5 1,35,80,992.4

1. Depreciation/Renewal Reserve Funds 2,52,016.8 3,36,317.8 3,36,355.4 2,56,484.7

2. Sinking Funds 37,84,011.4 21,31,861.9 25,13,734.0 33,01,432.1

3. Famine Relief Fund 2.9 2.3 2.3 2.5

4. Others 1,13,23,284.2 95,64,084.8 1,00,98,880.8 1,00,23,073.1 VIII. Deposits and Advances (1 to 4) 12,38,94,572.2 12,01,61,199.6 12,37,34,585.0 12,99,46,395.4

1. Civil Deposits 4,90,01,964.0 4,22,21,892.3 4,30,17,188.3 4,44,04,878.5

2. Deposits of Local Funds 3,42,11,329.5 3,41,32,732.4 3,18,49,013.3 3,88,95,859.0

3. Civil Advances 6,16,311.4 5,95,522.6 6,05,159.7 6,65,340.6

4. Others 4,00,64,967.3 4,32,11,052.4 4,82,63,223.7 4,59,80,317.3 IX. Suspense and Miscellaneous (1 to 4) 1,14,54,32,174.3 65,39,68,291.3 67,83,38,260.1 71,90,13,531.6

1. Suspense 1,68,53,288.0 18,76,121.3 1,56,33,050.1 1,55,23,745.7

2. Cash Balance Investment Accounts 49,29,12,916.1 38,06,68,842.4 36,78,56,464.4 39,92,11,580.9

3. Deposits with RBI 43,84,27,529.1 18,77,98,894.5 20,57,15,675.7 21,35,20,076.6

4. Others 19,72,38,441.1 8,36,24,433.1 8,91,33,070.0 9,07,58,128.4 X. Appropriation to Contingency Fund – 0.0 0.0 0.0 XI. Miscellaneous Capital Receipts 23,542.5 23,11,387.9 2,81,531.0 24,93,110.6 XII. Remittances 2,82,57,979.4 2,06,14,865.3 2,35,78,004.7 2,34,59,789.8 * : Sum of Items I to XII where Items IV to X, XII and I(4) are on a net basis while Items I (6) and IX (2 and 3) are excluded. Items I (6) and IX (2 and 3) have been taken as financing items for overall surplus/deficit.

@ : Include Land Compensation Bonds, loans from Khadi and Village Industries Commission, CWC, etc. + : Comprises recovery of loans and advances from Government Servants for housing, purchase of conveyance, festivals, marriages, etc.

** : Include recovery of loans and advances for Education, Art and Culture, Social Security and Welfare, Fisheries and Animal Husbandry, etc. $ : State Provident Funds also includes other savings deposits.

Also see Notes to Appendices.

Note: 1. Data pertaining to Jammu and Kashmir for 2023-24 is taken from CAG and are provisional.

2. As per the Constitution of India, States cannot raise resources directly from external agencies.

Source: Budget documents of State governments. Details in methodology.

259State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (₹ Lakh) Item ANDHRA PRADESH ARUNACHAL PRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS(ItoXII) 5,16,92,904.3 2,36,31,535.7 1,58,26,626.7 2,08,54,204.9 1,99,50,627.5 3,60,03,135.4 5,58,46,879.0 5,83,92,836.5 TOTAL CAPITAL DISBURSEMENTS 41,10,699.5 58,51,025.5 50,26,513.1 71,19,683.4 9,03,253.3 9,16,034.1 11,37,146.6 9,50,590.2 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 23,33,048.2 32,71,284.3 24,07,246.0 40,63,572.0 8,46,382.6 8,33,549.1 10,54,888.2 8,84,236.8

1. Development (a+b) 22,63,843.3 32,04,971.0 23,68,075.7 39,99,004.5 6,67,861.3 5,88,149.2 8,43,688.9 4,76,653.4

(a) Social Services (1 to 9) 12,22,872.1 10,91,368.6 11,60,296.9 15,75,045.3 1,97,328.7 1,72,136.5 2,52,382.6 1,29,455.6

1. Education, Sports, Art and Culture 4,81,119.2 2,39,044.1 1,69,079.2 2,81,014.1 58,705.1 76,911.9 1,06,639.5 30,061.0

2. Medical and Public Health 1,29,659.7 2,07,519.8 2,19,176.2 2,70,057.8 9,156.1 7,463.8 11,999.8 11,142.1

3. Family Welfare 8,853.5 2,241.0 2,239.0 938.6 – – 5.0 5.0

4. Water Supply and Sanitation 3,90,364.9 1,55,498.1 99,567.0 2,85,059.4 38,420.2 25,788.1 32,835.9 27,160.0

5. Housing 215.8 458.6 308.6 248.6 9,475.3 11,009.0 26,557.2 16,135.0

6. Urban Development 1,63,897.3 4,37,076.8 6,34,498.0 7,05,745.2 63,217.3 32,831.1 42,897.6 11,450.0

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 31,117.2 23,272.6 16,555.9 22,516.2 1,476.8 6,763.0 10,996.1 10,000.0

8. Social Security and Welfare 10,834.7 8,550.9 2,190.7 5,197.0 16,007.8 10,271.7 18,110.2 22,527.5

9. Others* 6,809.7 17,706.6 16,682.5 4,268.4 870.2 1,098.0 2,341.2 975.0

(b) Economic Services (1 to 10) 10,40,971.2 21,13,602.4 12,07,778.8 24,23,959.2 4,70,532.5 4,16,012.7 5,91,306.4 3,47,197.8

1. Agriculture and Allied Activities (i to xi) 28,015.3 39,134.6 12,112.3 33,630.4 12,773.1 44,078.9 49,500.7 51,072.9 i) Crop Husbandry 2,232.5 5,477.1 3,322.3 1,194.5 121.0 667.5 72.5 2,006.9 ii) Soil and Water Conservation 99.4 0.2 0.2 164.2 1,550.0 875.0 1,323.0 640.0 iii) Animal Husbandry 947.1 1,495.0 1,158.9 199.0 382.5 702.5 745.7 1,070.0 iv) Dairy Development – – – – – 30.0 – 50.0 v) Fisheries 19,678.3 25,403.0 1,446.4 27,001.0 2,784.1 – 1,728.7 800.0 vi) Forestry and Wild Life 2,267.8 2,335.5 2,128.4 2,479.2 4,490.9 41,195.2 42,242.7 40,948.0 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing – – – – 34.8 – – 210.0 ix) Agricultural Research and Education 2,790.3 4,423.8 4,056.3 2,592.5 673.0 555.8 515.0 1,886.9 x) Co-operation – – – – 5.0 3.0 20.0 81.0 xi) Others@ – – – – 2,731.9 50.0 2,853.2 3,380.0

2. Rural Development 78,419.5 1,95,676.1 81,502.3 2,30,411.0 6,586.6 2,622.4 7,260.2 115.0

3. Special Area Programmes – – – – 7,764.2 14,850.0 26,691.1 2,485.0

of which: Hill Areas – – – – – – – –

4. Irrigation and Flood Control 6,09,687.0 14,46,896.1 8,58,510.7 15,57,561.8 58,118.7 53,926.8 73,499.2 48,255.6

5. Energy 83.9 223.8 13.5 365.8 66,448.6 40,039.9 64,852.8 40,000.0

6. Industry and Minerals (i to iv) 7,284.0 1,08,616.4 31,293.3 97,371.8 13,910.1 3,172.1 11,103.5 2,105.0 i) Village and Small Industries – 9,600.0 2,000.0 7,600.0 13,299.4 1,863.5 10,769.8 1,475.0 ii) Iron and Steel Industries – – – – – 1,000.0 – – iii) Non-Ferrous Mining and – 1.3 1.3 1.3 396.0 267.0 246.7 410.0 Metallurgical Industries iv) Others# 7,284.0 99,015.2 29,292.1 89,770.6 214.6 41.6 87.0 220.0 260Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item ANDHRA PRADESH ARUNACHAL PRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 2 3 4 5

7. Transport (i + ii) 94,084.2 2,58,383.1 1,89,539.8 2,62,257.5 3,01,054.0 2,54,652.3 3,51,154.4 2,00,644.4 i) Roads and Bridges 87,030.5 1,94,225.2 1,45,560.1 1,96,753.6 2,95,207.7 2,52,464.7 3,47,321.0 1,98,680.7 ii) Others** 7,053.7 64,157.9 43,979.6 65,503.8 5,846.3 2,187.6 3,833.5 1,963.7

8. Communications – – – – – – – –

9. Science, Technology and Environment – – – – – 15.0 7.0 20.0

10. General Economic Services (i + ii) 2,23,397.3 64,672.3 34,806.9 2,42,360.9 3,877.2 2,655.2 7,237.4 2,500.0 i) Tourism 25,354.0 7,452.9 6,952.9 6,304.1 2,844.2 1,299.7 6,467.8 1,740.0 ii) Others@@ 1,98,043.3 57,219.4 27,853.9 2,36,056.8 1,033.0 1,355.5 769.7 760.0

2. Non-Development (General Services) 69,204.9 66,313.3 39,170.3 64,567.5 1,78,521.3 2,45,399.9 2,11,199.2 4,07,583.3 II. Discharge of Internal Debt (1 to 8) 15,66,487.5 23,47,946.6 23,71,727.6 22,78,018.4 53,999.4 1,16,933.8 1,16,623.2 1,00,798.3

1. Market Loans 13,07,046.6 21,10,240.0 21,10,240.0 20,08,600.0 23,000.0 30,600.0 30,600.0 13,000.0

2. Loans from LIC 1,030.6 984.4 984.4 502.6 9.0 9.5 9.0 5.0

3. Loans from National Bank for Agriculture and 1,33,971.0 1,14,647.0 1,38,144.0 1,61,634.1 13,295.0 31,027.0 31,027.0 26,609.0 Rural Development

4. Loans from SBI and other Banks – – – – –

5. Loans from National Co-operative 6,578.0 8,498.0 8,498.0 8,029.1 177.0 558.7 210.0 205.0 Development Corporation

6. WMA from RBI – – – – – 37,300.0 37,300.0 37,300.0

7. Special Securities issued to NSSF 1,17,295.0 1,13,346.3 1,13,300.0 99,065.5 17,431.0 17,430.6 17,431.0 23,679.0

8. Others (including 106) 566.3 230.9 561.2 187.2 87.4 8.0 46.2 0.3 III. Repayment of Loans to the Centre (1 to 6) 1,38,111.2 1,01,951.6 1,47,245.0 1,64,998.3 2,540.7 2,549.3 2,549.3 2,553.2

1. State Plan Schemes – – – – – 2,413.3 – –

2. Central Plan Schemes – – – – – 89.4 – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans 8.2 – – – – 27.1 – –

5. Loans for Special Schemes – – – – – 19.4 – –

6. Other Loans for States/Union Territories with 1,38,103.0 1,01,951.6 1,47,245.0 1,64,998.3 2,540.7 – 2,549.3 2,553.2 legislature schemes IV. Loans and Advances by State Governments 73,052.6 1,29,842.9 1,00,294.5 6,13,094.6 330.7 302.0 386.0 302.0 (1+2)

1. Development Purposes (a + b) 72,744.7 1,22,957.9 97,827.3 6,07,109.6 330.7 302.0 386.0 302.0 a) Social Services (1 to 7) 24,955.1 15,483.0 14,178.0 2,71,341.3 330.7 300.0 250.0 300.0

1. Education, Sports, Art and Culture – – – – – – – –

2. Medical and Public Health – – – – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation 24,357.3 12,653.0 12,653.0 15,087.0 – – – –

5. Housing – – – 51,924.3 – – – –

6. Government Servants (Housing) 597.8 2,830.0 1,525.0 9,830.0 330.7 300.0 250.0 300.0

7. Others – – – 1,94,500.0 – – – – 261State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item ANDHRA PRADESH ARUNACHAL PRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 2 3 4 5 b) Economic Services (1 to 10) 47,789.7 1,07,474.9 83,649.3 3,35,768.3 – 2.0 136.0 2.0

1. Crop Husbandry – – – – – – – –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing – – – – – – – –

4. Co-operation 1,000.0 5,434.7 – 1,074.7 – 2.0 136.0 2.0

5. Major and Medium Irrigation, etc. 1,500.0 – – – – – – –

6. Power Projects – 61,176.8 61,176.8 61,100.9 – – – –

7. Village and Small Industries 2,653.0 5,027.0 5,027.0 3,840.0 – – – –

8. Other Industries and Minerals – – – – – – – –

9. Rural Development – – – – – – – –

10. Others 42,636.7 35,836.5 17,445.6 2,69,752.7 – – – –

2. Non-Development Purposes (a + b) 307.9 6,885.0 2,467.2 5,985.0 – – – – a) Government Servants (other than Housing) 307.9 6,885.0 2,467.2 5,985.0 – – – – b) Miscellaneous – – – – – – – – V. Inter-StateSettlement – – – – – – – – VI. Contingency Fund – – – – – – – – VII. State Provident Funds, etc. (1 + 2) 3,54,191.9 5,68,254.4 5,65,464.0 6,02,327.1 95,766.2 1,14,909.4 77,875.0 80,660.1

1. State Provident Funds 3,07,450.5 4,78,585.6 4,75,795.3 3,61,541.3 71,546.7 49,572.7 52,857.4 55,500.2

2. Others 46,741.4 89,668.8 89,668.8 2,40,785.8 24,219.6 65,336.7 25,017.7 25,159.9 VIII. Reserve Funds (1 to 4) 2,29,683.7 4,05,750.4 3,98,278.7 3,75,743.4 79,328.3 6,615.0 15,162.0 15,920.1

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds 1,47,229.6 1,54,492.4 1,54,492.4 1,74,152.4 35,248.4 6,615.0 15,000.0 15,750.0

3. Famine Relief Fund – – – – – – – –

4. Others 82,454.1 2,51,257.9 2,43,786.2 2,01,591.0 44,079.8 – 162.0 170.1 IX. Deposits and Advances (1 to 4) 94,06,721.8 1,09,79,587.3 98,36,370.6 1,02,19,568.8 1,91,442.1 41,596.9 34,401.5 36,122.6

1. Civil Deposits 76,94,828.2 89,59,711.1 85,71,301.9 85,56,567.1 1,19,297.3 40,905.7 34,313.2 36,029.9

2. Deposits of Local Funds 12,83,615.2 15,73,987.9 8,30,403.4 11,14,223.7 – – – –

3. Civil Advances 27.1 – – – 35,927.0 544.6 30.6 32.1

4. Others 4,28,251.3 4,45,888.2 4,34,665.3 5,48,778.0 36,217.9 146.6 57.7 60.6 X. Suspense and Miscellaneous (1 to 4) 3,75,92,667.3 58,23,753.8 0.2 25,36,882.2 1,72,50,105.9 3,44,87,525.5 5,42,99,297.9 5,70,14,262.8

1. Suspense 8,290.2 89,428.7 0.2 0.1 -3,672.2 -671.4 -1,471.5 -1,545.0

2. Cash Balance Investment Accounts 20,20,417.9 24,91,883.7 0.0 25,36,882.0 1,72,51,611.8 1,02,63,222.6 1,70,04,804.3 1,78,55,044.6

3. Deposits with RBI 3,55,63,948.1 32,42,440.6 0.0 0.0 – 2,42,24,419.8 3,72,95,733.9 3,91,60,520.6

4. Others 11.1 0.9 0.0 0.0 2,166.3 554.6 231.1 242.6 XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances -1,059.8 3,164.4 0.1 0.1 14,30,731.6 3,99,154.5 2,45,696.0 2,57,980.8 A. Surplus (+)/Deficit (-) on Revenue Account -38,68,254.4 -34,74,338.2 -48,31,146.5 -33,18,597.0 6,87,664.8 5,33,543.4 7,20,967.7 4,58,073.8 B. Surplus (+)/Deficit(-) on Capital Account 37,13,793.0 34,67,087.0 46,79,795.4 33,18,597.0 -3,76,693.8 -4,68,564.1 -5,92,834.8 -3,31,529.5 C. Overall Surplus (+)/Deficit (-) (A+B) -1,54,461.4 -7,251.1 -1,51,351.1 0.0 3,10,971.0 64,979.3 1,28,132.8 1,26,544.2 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) -1,54,461.4 -7,251.1 -1,51,351.1 – 3,10,971.0 64,979.3 1,28,132.8 1,26,544.2 i. Increase (+)/Decrease (-) in Cash Balances 11.0 -1,351.1 -1,351.1 – 88,333.1 -4,00,250.2 -10,23,192.8 -10,82,347.7 a) Opening Balance 1,30,28,044.9 1,41,86,981.7 1,41,86,989.1 1,56,33,362.8 -4,78,219.4 -8,83,271.0 -3,89,886.3 -14,13,079.1 b) Closing Balance 1,30,28,056.0 1,41,85,630.6 1,41,85,638.0 1,56,33,362.8 -3,89,886.3 -12,83,521.3 -14,13,079.1 -24,95,426.8 ii. Withdrawals from (-)/Additions to (+) Cash Balance Investment Account (net) -95,023.4 -5,900.0 – – 2,22,637.9 4,65,229.5 11,51,325.7 12,08,892.0 iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) -59,449.0 – -1,50,000.0 – – – – – 262Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item ASSAM BIHAR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 1,26,51,368.6 1,78,46,884.9 1,67,87,030.3 1,43,73,327.6 8,23,00,959.7 1,38,19,458.3 1,53,73,291.7 1,71,04,447.4 TOTAL CAPITAL DISBURSEMENTS 25,91,154.5 33,79,876.0 41,09,976.9 38,75,917.8 61,56,825.9 53,04,872.2 68,58,705.7 64,89,476.1 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 21,44,422.7 26,59,558.2 33,89,659.1 29,36,449.6 36,45,302.0 29,41,591.3 43,68,607.2 40,53,184.0

1. Development (a+b) 18,39,373.1 21,79,374.5 29,04,806.6 25,32,087.4 30,78,859.6 24,68,449.0 37,67,354.3 34,63,218.1

(a) Social Services (1 to 9) 4,61,078.7 6,97,135.3 9,24,886.6 10,09,952.9 7,00,043.1 6,07,704.9 9,50,126.9 9,36,935.0

1. Education, Sports, Art and Culture 1,50,666.9 1,53,849.5 1,91,236.1 1,51,151.6 2,98,777.4 2,99,463.0 3,74,691.1 4,61,961.0

2. Medical and Public Health 66,007.2 1,21,805.6 1,65,025.5 1,42,494.2 2,17,499.7 66,389.9 2,53,149.9 1,00,207.6

3. Family Welfare – 218.0 218.0 207.1 – – – –

4. Water Supply and Sanitation 1,31,245.3 1,27,458.1 1,27,458.2 4,28,566.0 1,00,263.2 87,813.0 97,801.0 1,70,560.0

5. Housing 5,453.6 5,039.3 5,039.3 3,275.8 67,730.2 73,722.3 1,09,691.2 97,825.0

6. Urban Development 65,778.7 1,18,633.7 2,44,129.8 1,29,907.4 – – – –

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 10,924.0 80,099.9 80,099.9 77,842.9 4,925.7 16,840.0 31,840.0 43,594.0

8. Social Security and Welfare 23,338.2 66,148.3 87,797.0 57,436.1 299.8 37,350.7 42,928.7 29,573.3

9. Others* 7,664.8 23,882.9 23,882.9 19,071.8 10,547.1 26,126.0 40,025.0 33,214.1

(b) Economic Services (1 to 10) 13,78,294.4 14,82,239.2 19,79,920.0 15,22,134.5 23,78,816.5 18,60,744.1 28,17,227.4 25,26,283.1

1. Agriculture and Allied Activities (i to xi) 28,545.3 92,408.8 93,250.2 65,400.7 14,112.0 39,387.1 62,650.3 39,900.1 i) Crop Husbandry 11,637.9 64,439.0 64,439.0 36,923.0 -3,269.1 23,000.0 24,000.0 18,400.0 ii) Soil and Water Conservation 3,978.6 6,074.5 6,074.5 6,777.2 – – – – iii) Animal Husbandry 2,063.7 6,494.9 6,494.9 4,208.5 8,491.0 – 20,489.0 1,500.0 iv) Dairy Development 248.4 827.3 827.3 4,471.5 – – – – v) Fisheries 1,035.9 4,300.0 4,300.0 5,322.0 – – – – vi) Forestry and Wild Life 2,924.4 4,400.0 4,900.0 5,687.9 6,301.8 4,087.0 4,515.3 5,000.0 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing 561.9 872.3 872.3 344.5 2,252.5 10,450.0 10,450.0 10,850.0 ix) Agricultural Research and Education – – – 104.5 – – – – x) Co-operation 6,094.7 5,000.8 5,342.2 1,561.6 335.9 1,850.1 3,196.0 4,150.1 xi) Others@ – – – – – – – –

2. Rural Development – 400.0 400.0 0.0 7,08,398.3 8,15,659.0 8,51,459.0 9,37,672.0

3. Special Area Programmes 2,890.3 6,181.8 6,181.8 3,092.9 – – – –

of which: Hill Areas – – – – – – – –

4. Irrigation and Flood Control 1,24,250.0 2,24,686.4 2,73,686.4 1,48,454.1 5,87,580.1 3,96,440.0 5,18,531.0 7,64,235.0

5. Energy 2,32,997.1 2,19,705.7 3,80,629.1 2,07,133.0 1,91,831.1 1,46,652.0 4,65,652.0 1,89,652.0

6. Industry and Minerals (i to iv) 2,76,099.1 81,199.0 81,199.1 88,039.7 72,221.1 20,505.0 63,356.6 21,546.0 i) Village and Small Industries 6,425.9 3,003.9 3,003.9 2,324.4 41,990.1 505.0 23,756.6 5,153.0 ii) Iron and Steel Industries – – – – – – – – iii) Non-Ferrous Mining and 212.0 322.0 322.0 229.9 – – – – Metallurgical Industries iv) Others# 2,69,461.2 77,873.1 77,873.1 85,485.4 30,231.0 20,000.0 39,600.0 16,393.0 263State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item ASSAM BIHAR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 7,03,787.2 8,39,909.7 11,26,825.7 9,89,140.7 7,59,936.9 4,00,481.0 7,63,313.6 4,71,528.0 i) Roads and Bridges 6,86,546.1 8,16,577.9 10,99,727.9 9,70,321.1 6,93,187.8 3,81,856.0 7,02,978.6 4,48,745.0 ii) Others** 17,241.1 23,331.8 27,097.8 18,819.6 66,749.1 18,625.0 60,335.0 22,783.0

8. Communications – – – – – – – –

9. Science, Technology and Environment 4,278.0 8,557.8 8,557.8 6,139.1 – – – –

10. General Economic Services (i + ii) 5,447.4 9,190.1 9,190.1 14,734.4 44,737.1 41,620.0 92,264.9 1,01,750.0 i) Tourism 3,233.6 2,650.1 2,650.1 2,307.5 27,305.5 26,200.0 76,844.9 81,100.0 ii) Others@@ 2,213.9 6,540.0 6,540.0 12,426.9 17,431.6 15,420.0 15,420.0 20,650.0

2. Non-Development (General Services) 3,05,049.6 4,80,183.7 4,84,852.5 4,04,362.2 5,66,442.3 4,73,142.3 6,01,252.9 5,89,965.9 II. Discharge of Internal Debt (1 to 8) 20,47,951.0 7,12,331.5 17,12,331.5 9,27,498.5 21,43,871.0 20,62,199.4 20,62,199.4 21,12,491.3

1. Market Loans 2,50,000.0 5,15,000.0 5,15,000.0 6,65,000.0 17,46,906.3 16,42,311.2 16,42,311.2 17,50,004.9

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for Agriculture and 97,734.3 1,21,362.0 1,21,362.0 2,01,300.0 1,79,767.7 1,97,423.6 1,97,423.6 1,88,587.9 Rural Development

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative 450.7 450.7 450.7 450.7 5,043.6 10,300.8 10,300.8 6,651.6 Development Corporation

6. WMA from RBI 16,24,225.0 0.1 10,00,000.1 0.1 – – – –

7. Special Securities issued to NSSF 75,496.4 75,496.4 75,496.4 60,747.8 1,88,834.8 1,88,834.8 1,88,834.8 1,43,917.9

8. Others (including 106) 44.6 22.3 22.3 – 23,318.6 23,329.0 23,329.0 23,329.0 III. Repayment of Loans to the Centre (1 to 6) 16,555.8 6,839.0 6,839.0 6,812.0 1,54,067.3 1,77,072.4 1,77,072.4 1,69,495.7

1. State Plan Schemes – – – – – – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – 280.3 294.4 294.4 246.1

4. Non-Plan Loans – 0.1 0.1 0.1 – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 16,555.8 6,838.9 6,838.9 6,811.9 1,53,787.0 1,76,778.0 1,76,778.0 1,69,249.6 legislature schemes IV. Loans and Advances by State Governments 6,450.1 1,147.4 1,147.4 5,157.8 2,13,585.7 1,24,009.1 2,50,826.7 1,54,305.1 (1+2)

1. Development Purposes (a + b) 6,365.1 1,061.4 1,061.4 1,153.0 2,13,064.4 1,22,309.1 2,49,126.7 1,52,105.1 a) Social Services (1 to 7) 181.0 390.0 390.0 99.8 1,61,130.5 72,200.0 1,62,200.0 1,01,700.0

1. Education, Sports, Art and Culture – – – – 1,60,308.8 70,000.0 1,60,000.0 1,00,000.0

2. Medical and Public Health – – – – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation – – – – – – – –

5. Housing – – – – – – – –

6. Government Servants (Housing) 10.0 40.0 40.0 4.8 821.7 2,200.0 2,200.0 1,700.0

7. Others 171.0 350.0 350.0 95.0 – – – – 264Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item ASSAM BIHAR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) 6,184.1 671.4 671.4 1,053.3 51,933.9 50,109.1 86,926.7 50,405.1

1. Crop Husbandry – – – – – – – –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing – – – – – 0.0 0.0 0.0

4. Co-operation – 0.0 0.0 – 1,153.5 1.1 1.1 0.1

5. Major and Medium Irrigation, etc. – – – –

6. Power Projects 3,346.6 – – – 8,673.4 8,503.0 8,643.0 7,810.0

7. Village and Small Industries 162.0 136.0 136.0 136.0 41,510.0 39,605.0 42,967.0 39,595.0

8. Other Industries and Minerals – – – – – – 2,825.6 –

9. Rural Development – – – – 597.0 – – –

10. Others 2,675.6 535.4 535.4 917.3 – 2,000.0 32,490.0 3,000.0

2. Non-Development Purposes (a + b) 85.0 86.0 86.0 4,004.8 521.3 1,700.0 1,700.0 2,200.0 a) Government Servants (other than Housing) 85.0 86.0 86.0 4,004.8 521.3 1,700.0 1,700.0 2,200.0 b) Miscellaneous – – – – – – – – V. Inter-StateSettlement – – – – – – – – VI. Contingency Fund 2,00,000.0 2,00,000.0 2,00,000.0 2,00,000.0 – – – – VII. State Provident Funds, etc. (1 + 2) 2,52,107.5 2,59,013.7 2,65,890.6 2,76,419.1 2,67,159.6 2,45,000.0 2,45,000.0 2,55,000.0

1. State Provident Funds 2,34,469.9 2,31,736.3 2,38,885.9 2,49,684.5 2,47,329.6 2,20,000.0 2,20,000.0 2,10,000.0

2. Others 17,637.6 27,277.5 27,004.7 26,734.6 19,830.1 25,000.0 25,000.0 45,000.0 VIII. Reserve Funds (1 to 4) 5,52,749.7 3,71,318.4 4,98,436.7 2,42,492.3 2,64,055.1 4,74,586.1 4,74,586.1 4,30,010.0

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds 4,56,515.4 2,77,624.0 3,46,415.7 1,30,925.5 1,46,654.0 1,64,586.1 1,64,586.1 2,00,010.0

3. Famine Relief Fund – – – – – – – –

4. Others 96,234.2 93,694.4 1,52,021.0 1,11,566.8 1,17,401.1 3,10,000.0 3,10,000.0 2,30,000.0 IX. Deposits and Advances (1 to 4) 8,96,913.8 9,30,389.4 8,67,339.3 9,00,026.7 94,99,993.1 75,75,000.0 75,75,000.0 96,50,000.0

1. Civil Deposits 4,78,452.4 3,81,154.1 3,43,724.5 3,60,910.7 4,54,661.2 2,80,000.0 2,80,000.0 3,00,000.0

2. Deposits of Local Funds – – – – 38,88,544.1 32,50,000.0 32,50,000.0 42,00,000.0

3. Civil Advances 1,21,738.4 1,53,175.3 1,52,540.3 1,37,286.2 – – – –

4. Others 2,96,723.0 3,96,060.0 3,71,074.6 4,01,829.7 51,56,787.8 40,45,000.0 40,45,000.0 51,50,000.0 X. Suspense and Miscellaneous (1 to 4) 60,39,600.9 1,17,61,484.3 90,89,504.2 81,97,857.5 6,61,12,687.7 2,20,000.0 2,20,000.0 2,79,961.3

1. Suspense 40,736.0 1,52,132.7 1,33,947.5 1,27,250.2 -6,38,951.7 2,20,000.0 2,20,000.0 2,79,961.3

2. Cash Balance Investment Accounts 59,93,919.0 1,16,06,647.9 89,52,852.9 80,65,562.5 4,73,36,166.6 – – –

3. Deposits with RBI – – – – – – – –

4. Others 4,945.9 2,703.8 2,703.8 5,044.8 1,94,15,472.8 – – – XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances 4,94,617.2 9,44,803.0 7,55,882.4 6,80,614.2 238.3 – – – A. Surplus (+)/Deficit (-) on Revenue Account -2,62,841.2 1,85,198.3 -5,36,759.2 – 2,83,306.3 1,12,140.9 -36,78,762.3 8,83,118.4 B. Surplus (+)/Deficit(-) on Capital Account 5,52,183.8 -4,17,977.4 -4,44,666.1 13,257.6 9,77,998.3 -1,12,140.9 -4,61,618.5 -8,83,118.4 C. Overall Surplus (+)/Deficit (-) (A+B) 2,89,342.6 -2,32,779.0 -9,81,425.2 13,257.6 12,61,304.5 0.0 -41,40,380.7 0.0 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) 2,89,342.6 -2,32,779.0 -9,81,425.3 13,257.5 12,61,304.5 – -41,40,380.7 – i. Increase (+)/Decrease (-) in Cash Balances 45,123.6 1,59,494.5 -2,35,195.1 1,95,467.5 -7,922.0 – -41,40,380.7 – a) Opening Balance -67,423.0 -2,36,941.6 -22,299.4 -2,57,494.5 80,590.7 5,000.0 5,000.0 5,000.0 b) Closing Balance -22,299.4 -77,447.1 -2,57,494.5 -62,027.1 72,668.7 5,000.0 -41,35,380.7 5,000.0 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) 2,44,219.0 -3,92,273.6 -7,46,230.3 -1,82,210.0 12,69,226.5 – – – iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) – – 0.1 0.0 – – – – 265State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item CHHATTISGARH GOA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 2,47,29,262.0 2,72,02,574.1 2,73,18,300.3 2,86,36,084.0 41,28,826.1 39,16,450.0 34,81,955.9 35,14,541.1 TOTAL CAPITAL DISBURSEMENTS 39,84,338.4 31,86,060.9 32,55,393.7 38,04,106.1 4,95,978.0 6,24,376.4 6,70,929.1 7,36,263.9 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 15,41,892.8 22,30,002.1 22,99,400.0 26,34,099.6 3,56,619.6 4,85,323.8 5,31,781.4 5,32,952.9

1. Development (a+b) 14,53,469.2 21,24,884.4 21,56,830.6 24,63,654.1 3,13,294.4 4,09,330.5 4,55,681.2 4,60,198.8

(a) Social Services (1 to 9) 7,07,423.8 9,94,591.7 10,35,386.8 12,07,442.7 1,08,606.9 1,56,461.6 1,67,295.6 1,62,031.1

1. Education, Sports, Art and Culture 1,36,089.6 75,200.0 65,326.0 1,03,174.0 16,497.5 33,322.6 27,522.6 29,131.1

2. Medical and Public Health 58,130.2 99,051.7 81,307.2 1,65,741.9 11,345.9 28,659.7 33,659.7 24,023.4

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation 3,10,705.4 4,67,261.2 3,81,040.3 4,87,959.9 45,980.1 63,156.4 65,856.4 74,117.7

5. Housing 8,685.0 14,759.8 89,659.8 8,716.4 – 0.0 0.0 0.0

6. Urban Development 1,47,044.9 2,18,301.3 3,20,934.9 3,17,069.7 32,099.7 23,575.0 32,509.0 28,041.0

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 33,168.4 79,466.9 62,755.9 78,716.6 2,449.4 7,490.0 7,490.0 4,935.0

8. Social Security and Welfare 11,580.2 24,882.1 27,882.1 34,973.7 34.3 108.0 108.0 1,058.0

9. Others* 2,020.2 15,668.5 6,480.5 11,090.5 200.0 150.0 150.0 725.0

(b) Economic Services (1 to 10) 7,46,045.5 11,30,292.8 11,21,443.8 12,56,211.3 2,04,687.5 2,52,868.9 2,88,385.6 2,98,167.7

1. Agriculture and Allied Activities (i to xi) 18,650.7 37,958.8 39,362.8 45,110.6 5,057.7 -291.2 -291.2 9,710.5 i) Crop Husbandry 174.0 5,417.7 5,793.7 4,872.4 298.7 525.0 525.0 710.0 ii) Soil and Water Conservation 1,776.6 2,000.0 2,000.0 850.0 3,301.9 3,000.0 3,000.0 4,344.8 iii) Animal Husbandry 165.3 959.6 1,211.6 1,776.1 265.5 1,005.0 1,005.0 755.0 iv) Dairy Development – – – – – – – – v) Fisheries 171.6 881.0 881.0 931.0 1,974.9 4,202.0 4,202.0 3,208.0 vi) Forestry and Wild Life 3,304.5 13,028.9 13,028.9 5,949.2 270.2 1,000.5 1,000.5 700.5 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing 134.6 112.5 182.5 50.5 -1,553.2 -10,000.0 -10,000.0 – ix) Agricultural Research and Education 5,941.8 11,766.1 12,034.1 19,331.3 – 10.0 10.0 10.0 x) Co-operation 6,982.4 3,793.0 4,231.0 11,350.0 499.8 -33.8 -33.8 -17.8 xi) Others@ – – – – – – – –

2. Rural Development 92,902.2 55,481.0 66,684.1 71,959.4 5,224.7 9,938.3 9,938.3 4,083.4

3. Special Area Programmes – – – – 53.5 300.0 300.0 300.0

of which: Hill Areas – – – – 53.5 300.0 300.0 300.0

4. Irrigation and Flood Control 1,48,802.9 2,37,791.0 2,13,807.7 2,89,110.9 33,279.0 40,015.0 48,015.0 48,854.0

5. Energy 1,24,858.0 1,41,445.2 71,894.3 87,165.3 56,174.3 78,089.7 97,089.7 84,788.5

6. Industry and Minerals (i to iv) 6,908.1 25,884.5 53,891.6 13,747.0 1,459.8 1,580.1 1,580.1 8,987.0 i) Village and Small Industries 6,812.4 25,219.5 53,180.6 13,582.0 959.8 1,280.1 1,280.1 8,187.0 ii) Iron and Steel Industries – – – – – – – – iii) Non-Ferrous Mining and 95.8 665.0 711.0 165.0 – 300.0 300.0 300.0 Metallurgical Industries iv) Others# – – – – 500.0 0.0 0.0 500.0 266Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item CHHATTISGARH GOA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 3,47,500.6 6,07,098.3 6,50,360.3 7,24,996.8 86,495.7 97,766.0 1,06,282.7 1,07,710.2 i) Roads and Bridges 3,46,699.4 5,99,837.4 6,41,137.4 7,18,647.0 82,920.4 82,703.8 89,503.8 96,180.2 ii) Others** 801.2 7,260.9 9,222.9 6,349.8 3,575.3 15,062.2 16,778.9 11,530.0

8. Communications – 8,100.0 478.0 8,100.0 – – – –

9. Science, Technology and Environment 306.5 4,500.0 8,181.0 3,230.0 6,692.8 13,050.0 13,050.0 4,113.0

10. General Economic Services (i + ii) 6,116.4 12,034.0 16,784.0 12,791.5 10,250.0 12,421.0 12,421.0 29,621.0 i) Tourism 6,097.0 11,985.0 16,735.0 12,708.5 10,250.0 12,421.0 12,421.0 29,621.0 ii) Others@@ 19.4 49.0 49.0 83.0 – – – –

2. Non-Development (General Services) 88,423.6 1,05,117.7 1,42,569.4 1,70,445.5 43,325.1 75,993.2 76,100.2 72,754.1 II. Discharge of Internal Debt (1 to 8) 23,87,311.4 9,13,714.5 9,13,714.5 11,19,712.9 1,44,909.8 1,77,981.5 1,47,981.5 2,42,292.9

1. Market Loans 5,70,000.0 7,50,000.0 7,50,000.0 9,55,000.0 99,000.0 90,000.0 90,000.0 1,50,400.0

2. Loans from LIC – 5.0 5.0 4.0 – – – –

3. Loans from National Bank for Agriculture and 95,919.7 98,000.0 98,000.0 99,000.0 12,436.3 17,771.5 17,771.5 21,312.9 Rural Development

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative 1.9 1.9 1.9 1.9 6.3 10.0 10.0 5.0 Development Corporation

6. WMA from RBI – 10,000.0 10,000.0 10,000.0 13,328.0 50,000.0 20,000.0 50,000.0

7. Special Securities issued to NSSF 45,587.5 46,000.0 46,000.0 46,000.0 20,139.2 20,200.0 20,200.0 20,200.0

8. Others (including 106) 16,75,802.2 9,707.6 9,707.6 9,707.0 – – – 375.0 III. Repayment of Loans to the Centre (1 to 6) 23,984.7 22,329.1 22,329.1 14,004.0 7,472.9 10,056.1 10,056.1 10,056.1

1. State Plan Schemes 23,984.7 22,326.1 22,326.1 14,001.0 7,458.0 10,040.0 10,040.0 10,040.0

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans – 1.0 1.0 1.0 11.9 13.1 13.1 13.1

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with – 2.0 2.0 2.0 3.0 3.0 3.0 3.0 legislature schemes IV. Loans and Advances by State Governments 31,149.5 30,015.1 29,950.1 46,289.6 303.8 1,015.0 1,110.0 962.0 (1+2)

1. Development Purposes (a + b) 31,149.5 30,005.1 29,940.1 46,289.6 168.1 845.0 845.0 842.0 a) Social Services (1 to 7) 21,590.0 21,955.0 21,940.0 12,199.5 130.0 250.0 250.0 250.0

1. Education, Sports, Art and Culture – – – – 30.0 200.0 200.0 200.0

2. Medical and Public Health – – – – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation 2,000.0 2,650.0 2,635.0 4,199.5 – – – –

5. Housing – – – – – – – –

6. Government Servants (Housing) – – – – 100.0 50.0 50.0 50.0

7. Others 19,590.0 19,305.0 19,305.0 8,000.0 – – – – 267State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item CHHATTISGARH GOA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) 9,559.5 8,050.1 8,000.1 34,090.1 38.1 595.0 595.0 592.0

1. Crop Husbandry – 0.1 0.1 0.1 – – – –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing 4,559.5 3,250.0 3,200.0 30,090.0 – – – –

4. Co-operation 5,000.0 4,800.0 4,800.0 4,000.0 8.1 89.0 89.0 86.0

5. Major and Medium Irrigation, etc. – – – – – – – –

6. Power Projects – – – – – – – –

7. Village and Small Industries – – – – 30.0 505.0 505.0 505.0

8. Other Industries and Minerals – – – – – – – –

9. Rural Development – – – – – – – –

10. Others – – – – – 1.0 1.0 1.0

2. Non-Development Purposes (a + b) – 10.0 10.0 – 135.8 170.0 265.0 120.0 a) Government Servants (other than Housing) 10.0 10.0 135.8 170.0 265.0 120.0 b) Miscellaneous – – – – – – – – V. Inter-StateSettlement 45.9 544.6 50.0 10.0 – – – – VI. Contingency Fund – 10,000.0 16,403.0 10,000.0 – – – – VII. State Provident Funds, etc. (1 + 2) 1,70,040.4 1,73,895.0 1,94,095.0 2,01,100.0 40,935.8 41,668.4 46,542.4 48,853.6

1. State Provident Funds 1,49,760.2 1,54,295.0 1,74,295.0 1,80,100.0 40,477.2 41,168.4 46,321.0 48,326.2

2. Others 20,280.3 19,600.0 19,800.0 21,000.0 458.6 500.0 221.4 527.4 VIII. Reserve Funds (1 to 4) 6,52,645.7 3,38,560.0 3,09,995.0 3,76,659.2 92,320.6 77,508.1 29,649.2 59,650.5

1. Depreciation/Renewal Reserve Funds – 1.0 1.0 1.1 – – – –

2. Sinking Funds 41,500.0 48,000.0 48,000.0 10,000.0 9,333.3 9,256.9 3,857.2 7,580.4

3. Famine Relief Fund – 1.0 1.0 1.0 – – – –

4. Others 6,11,145.7 2,90,558.0 2,61,993.0 3,66,657.1 82,987.3 68,251.2 25,792.0 52,070.1 IX. Deposits and Advances (1 to 4) 3,30,197.5 3,07,658.6 3,46,508.6 3,96,273.7 84,635.2 84,806.8 69,655.9 2,91,988.4

1. Civil Deposits 2,13,364.7 1,99,252.6 2,41,202.6 2,65,052.6 26,343.2 23,015.5 28,426.4 2,35,221.7

2. Deposits of Local Funds – 4.0 4.0 4.0 – – – –

3. Civil Advances 71,219.7 60,000.0 60,000.0 65,000.0 1,318.8 901.0 900.3 1,138.4

4. Others 45,613.1 48,402.0 45,302.0 66,217.1 56,973.2 60,890.3 40,329.2 55,628.3 X. Suspense and Miscellaneous (1 to 4) 1,90,55,772.8 2,22,95,851.0 2,23,05,851.0 2,29,13,931.0 27,74,163.9 26,93,401.1 25,99,342.1 22,71,456.9

1. Suspense 6,737.2 250.0 250.0 300.0 44,023.7 20,012.7 47,836.3 90,032.4

2. Cash Balance Investment Accounts 95,82,814.5 99,40,000.0 99,50,000.0 1,00,00,000.0 13,45,248.8 9,25,146.2 7,86,354.0 11,03,624.0

3. Deposits with RBI 94,30,512.4 36,75,000.0 36,75,000.0 38,00,000.0 2,23,339.4 8,11,581.3 7,89,642.2 80,045.4

4. Others 35,708.6 86,80,601.0 86,80,601.0 91,13,631.0 11,61,552.0 9,36,661.0 9,75,509.5 9,97,755.2 XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances 5,36,221.3 8,80,004.0 8,80,004.0 9,24,004.0 6,27,464.7 3,44,689.2 45,837.3 56,327.9 A. Surplus (+)/Deficit (-) on Revenue Account -11,23,276.1 1,05,999.3 -7,20,599.9 2,80,399.6 1,43,065.6 1,84,390.0 1,22,077.8 2,49,080.9 B. Surplus (+)/Deficit(-) on Capital Account 16,62,521.9 -1,60,562.0 7,01,899.9 -3,20,399.1 -46,823.9 -1,89,963.6 49,250.1 -1,20,278.3 C. Overall Surplus (+)/Deficit (-) (A+B) 5,39,245.8 -54,562.7 -18,700.0 -39,999.4 96,241.6 -5,573.6 1,71,327.9 1,28,802.6 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) 5,39,245.8 -54,562.7 -18,700.0 -39,999.4 96,241.6 -5,573.6 1,71,327.9 1,28,802.6 i. Increase (+)/Decrease (-) in Cash Balances -5,541.8 5,437.3 31,300.0 10,000.6 -8,406.2 -7,320.7 -1,31,279.6 79,281.9 a) Opening Balance 21,563.0 -78,417.4 16,021.2 47,321.2 43,126.2 7,588.1 1,03,256.2 10,624.2 b) Closing Balance 16,021.2 -72,980.1 47,321.2 57,321.8 34,720.0 267.4 -28,023.4 89,906.1 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) 5,44,787.6 -60,000.0 -50,000.0 -50,000.0 1,04,647.9 1,747.1 3,02,607.5 49,520.7 iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) – – – – – – – – 268Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item GUJARAT HARYANA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 8,72,89,522.9 5,94,39,500.0 3,79,94,509.0 4,16,67,354.0 2,17,41,123.6 2,58,12,375.3 2,35,21,747.9 2,56,72,464.8 TOTAL CAPITAL DISBURSEMENTS 84,47,925.8 1,08,61,317.0 1,02,80,503.0 1,33,88,795.0 53,17,623.7 55,42,024.3 49,84,148.9 56,60,069.8 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 55,67,925.0 75,68,853.0 70,17,260.0 95,47,171.0 15,92,093.7 16,28,093.8 12,75,252.5 16,16,410.7

1. Development (a+b) 54,52,665.0 73,63,185.0 68,64,466.0 92,08,277.0 15,28,032.7 15,14,007.8 11,93,974.1 14,61,908.2

(a) Social Services (1 to 9) 22,26,869.0 27,58,149.0 26,97,476.0 37,45,579.0 4,43,792.9 5,52,626.8 4,93,840.7 5,83,408.9

1. Education, Sports, Art and Culture 3,49,462.0 4,49,654.0 4,31,577.0 5,76,224.0 57,452.5 79,728.0 52,836.0 81,848.9

2. Medical and Public Health 2,00,349.0 3,50,595.0 3,54,872.0 4,67,248.0 1,15,435.7 1,27,805.0 1,27,435.4 1,25,447.0

3. Family Welfare 32,949.0 35,453.0 35,453.0 33,217.0 – – – –

4. Water Supply and Sanitation 5,46,368.0 5,94,500.0 6,46,261.0 5,68,813.0 1,91,546.2 2,32,131.0 2,21,782.0 2,26,369.4

5. Housing 52,364.0 74,131.0 43,254.0 1,60,343.0 7,197.7 14,700.0 12,279.0 23,100.0

6. Urban Development 9,85,961.0 10,45,157.0 10,35,502.0 16,36,069.0 60,200.0 60,645.0 55,304.0 82,224.0

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 17,026.0 67,848.0 39,900.0 1,48,153.0 622.8 890.2 891.0 891.0

8. Social Security and Welfare 2,413.0 9,461.0 19,103.0 43,367.0 3,760.8 15,753.0 10,786.7 27,354.0

9. Others* 39,977.0 1,31,350.0 91,554.0 1,12,145.0 7,577.3 20,974.6 12,526.6 16,174.6

(b) Economic Services (1 to 10) 32,25,796.0 46,05,036.0 41,66,990.0 54,62,698.0 10,84,239.8 9,61,381.0 7,00,133.5 8,78,499.3

1. Agriculture and Allied Activities (i to xi) 1,05,823.0 1,54,280.0 1,43,789.0 1,90,286.0 2,99,771.1 84,487.0 -14,495.0 24,896.0 i) Crop Husbandry 5,936.0 5,660.0 3,434.0 17,210.0 4,530.3 92,177.0 19,331.0 49,530.0 ii) Soil and Water Conservation 62.0 107.0 80.0 – – – – – iii) Animal Husbandry 6,296.0 7,311.0 5,749.0 14,579.0 4,078.0 10,742.0 6,600.0 7,150.0 iv) Dairy Development – – – – – – – – v) Fisheries – – – – 17.9 252.0 262.0 400.0 vi) Forestry and Wild Life 88,720.0 1,28,277.0 1,18,869.0 1,44,505.0 – 51.0 51.0 70.0 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing 1,900.0 5,914.0 9,180.0 7,231.0 2,88,015.0 -29,900.0 -41,369.0 -38,155.0 ix) Agricultural Research and Education – – – – – – – – x) Co-operation 137.0 1,154.0 2,720.0 3,604.0 3,130.0 11,165.0 630.0 5,901.0 xi) Others@ 2,772.0 5,857.0 3,757.0 3,157.0 – – – –

2. Rural Development 1,48,096.0 1,53,975.0 1,49,254.0 1,54,268.0 1,23,216.1 70,633.0 71,219.0 75,860.0

3. Special Area Programmes 507.0 2,000.0 2,000.0 2,000.0 – – – –

of which: Hill Areas – – – – – – – –

4. Irrigation and Flood Control 9,79,087.0 13,18,177.0 10,75,639.0 15,08,370.0 2,62,365.3 3,25,116.0 3,08,618.5 3,14,251.0

5. Energy 4,43,359.0 5,85,457.0 4,29,638.0 5,65,052.0 23,404.2 28,035.0 12,556.8 15,669.3

6. Industry and Minerals (i to iv) 47,416.0 1,83,031.0 2,34,334.0 1,30,214.0 18,319.1 2,842.0 43.0 36,962.0 i) Village and Small Industries 10,964.0 5,740.0 5,109.0 4,383.0 7,797.9 2,800.0 16.0 36,900.0 ii) Iron and Steel Industries – – – – – – – – iii) Non-Ferrous Mining and 20.0 1,100.0 1,100.0 3,574.0 0.2 20.0 5.0 40.0 Metallurgical Industries iv) Others# 36,432.0 1,76,191.0 2,28,125.0 1,22,257.0 10,521.0 22.0 22.0 22.0 269State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item GUJARAT HARYANA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 13,51,323.0 19,45,023.0 19,38,126.0 21,70,930.0 3,35,545.5 3,82,405.0 2,89,056.2 3,45,048.0 i) Roads and Bridges 11,14,600.0 16,81,575.0 16,99,152.0 18,79,927.0 2,65,099.7 2,91,700.0 2,29,310.2 2,64,803.0 ii) Others** 2,36,723.0 2,63,448.0 2,38,974.0 2,91,003.0 70,445.9 90,705.0 59,746.0 80,245.0

8. Communications 10,237.0 5,090.0 5,090.0 8,225.0 – – – –

9. Science, Technology and Environment 48,829.0 44,279.0 38,579.0 39,300.0 – 9,501.0 3.0 9,501.0

10. General Economic Services (i + ii) 91,119.0 2,13,724.0 1,50,541.0 6,94,053.0 21,618.5 58,362.0 33,132.0 56,312.0 i) Tourism 72,018.0 2,08,719.0 1,50,538.0 2,15,648.0 7,414.8 14,150.0 7,132.0 14,100.0 ii) Others@@ 19,101.0 5,005.0 3.0 4,78,405.0 14,203.7 44,212.0 26,000.0 42,212.0

2. Non-Development (General Services) 1,15,260.0 2,05,668.0 1,52,794.0 3,38,894.0 64,061.0 1,14,086.0 81,278.4 1,54,502.6 II. Discharge of Internal Debt (1 to 8) 24,95,966.0 28,24,185.0 28,25,163.0 32,96,721.0 58,98,419.8 63,79,225.7 63,55,936.8 70,56,664.5

1. Market Loans 18,55,146.0 21,92,050.0 21,92,050.0 26,76,050.0 13,94,618.0 12,60,000.0 12,60,000.0 14,10,000.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for Agriculture and 2,77,589.0 2,69,002.0 2,69,980.0 2,98,350.0 69,706.7 58,100.0 59,500.0 94,911.3 Rural Development

4. Loans from SBI and other Banks 296.0 98.0 98.0 – – – – –

5. Loans from National Co-operative – – – – 11,98,831.8 14,31,800.0 14,01,800.0 14,32,000.0 Development Corporation

6. WMA from RBI – 100.0 100.0 100.0 25,99,412.0 30,00,000.0 30,00,000.0 35,00,000.0

7. Special Securities issued to NSSF 3,62,935.0 3,62,935.0 3,62,935.0 3,22,221.0 1,00,438.7 1,00,438.7 1,00,438.7 84,217.2

8. Others (including 106) – – – – 5,35,412.6 5,28,887.0 5,34,198.1 5,35,536.0 III. Repayment of Loans to the Centre (1 to 6) 1,17,670.0 84,300.0 83,475.0 62,915.0 21,000.5 25,194.2 18,482.0 22,214.0

1. State Plan Schemes 83,258.0 48,117.0 47,755.0 26,449.0 20,843.4 24,979.8 18,326.3 22,064.7

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans 331.0 330.0 330.0 319.0 157.1 214.4 155.7 149.3

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 34,081.0 35,853.0 35,390.0 36,147.0 0.0 0.0 0.0 0.0 legislature schemes IV. Loans and Advances by State Governments 2,66,660.9 3,84,177.0 3,54,803.0 4,82,088.0 4,05,521.7 5,09,510.6 3,34,477.6 4,64,780.6 (1+2)

1. Development Purposes (a + b) 2,59,951.0 3,77,188.0 3,42,528.0 4,73,857.0 3,96,008.2 4,93,000.6 3,22,167.6 4,47,170.6 a) Social Services (1 to 7) 2,36,195.0 3,04,128.0 3,12,961.0 4,20,144.0 1,97,017.9 2,03,899.0 1,78,422.0 2,09,702.0

1. Education, Sports, Art and Culture – – – – 1,20,245.0 1,12,200.0 94,700.0 1,12,400.0

2. Medical and Public Health 84,321.0 70,000.0 70,000.0 38,500.0 76,569.3 87,698.0 81,120.0 85,200.0

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation – – – – – – – –

5. Housing 146.0 70.0 117.0 457.0 – – – –

6. Government Servants (Housing) 25.0 100.0 70.0 100.0 203.6 3,500.0 2,600.0 12,100.0

7. Others 1,51,703.0 2,33,958.0 2,42,774.0 3,81,087.0 – 501.0 2.0 2.0 270Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item GUJARAT HARYANA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) 23,756.0 73,060.0 29,567.0 53,713.0 1,98,990.4 2,89,101.6 1,43,745.6 2,37,468.6

1. Crop Husbandry – – – – 38,311.7 28,469.0 4,400.0 23,019.0

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing – – – – 2,475.6 700.0 100.0 2,000.0

4. Co-operation – – – – 3,200.8 4,021.6 1,003.6 3,209.6

5. Major and Medium Irrigation, etc. – – – – – – – –

6. Power Projects – 47,729.0 4,237.0 12,639.0 – – – –

7. Village and Small Industries – 1.0 1.0 – 333.0 500.0 334.0 1,000.0

8. Other Industries and Minerals – – – – – – – –

9. Rural Development – – – – – 100.0 1.0 200.0

10. Others 23,756.0 25,330.0 25,329.0 41,074.0 1,54,669.2 2,55,311.0 1,37,907.0 2,08,040.0

2. Non-Development Purposes (a + b) 6,709.9 6,989.0 12,275.0 8,231.0 9,513.4 16,510.0 12,310.0 17,610.0 a) Government Servants (other than Housing) 1,513.9 1,699.0 2,066.0 1,786.0 9,513.4 16,510.0 12,310.0 17,610.0 b) Miscellaneous 5,196.0 5,290.0 10,209.0 6,445.0 – – – – V. Inter-StateSettlement – 1.0 1.0 1.0 – – – – VI. Contingency Fund – – – – 54,595.2 – – – VII. State Provident Funds, etc. (1 + 2) 1,95,329.0 2,33,944.0 2,18,623.0 2,39,757.0 3,38,561.0 3,31,065.0 3,70,920.0 3,90,020.0

1. State Provident Funds 1,79,210.0 2,14,288.0 2,02,605.0 2,04,109.0 3,35,164.1 3,27,500.0 3,67,500.0 3,86,640.0

2. Others 16,119.0 19,656.0 16,018.0 35,648.0 3,396.9 3,565.0 3,420.0 3,380.0 VIII. Reserve Funds (1 to 4) 4,22,679.0 4,26,598.0 4,10,556.0 4,14,806.0 1,09,555.6 1,94,216.0 1,92,285.0 1,92,765.0

1. Depreciation/Renewal Reserve Funds 87.0 68.0 68.0 70.0 9,800.0 9,000.0 11,200.0 11,400.0

2. Sinking Funds 2,75,822.0 2,06,492.0 2,00,000.0 2,00,000.0 42,994.2 48,000.0 45,000.0 45,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 1,46,770.0 2,20,038.0 2,10,488.0 2,14,736.0 56,761.4 1,37,216.0 1,36,085.0 1,36,365.0 IX. Deposits and Advances (1 to 4) 61,26,960.0 56,03,108.0 57,88,865.0 60,83,218.0 55,43,689.6 58,04,420.0 59,71,344.0 62,88,760.0

1. Civil Deposits 10,88,539.0 11,66,970.0 11,66,970.0 11,97,723.0 5,04,660.4 5,29,000.0 6,97,500.0 6,85,000.0

2. Deposits of Local Funds 46,99,368.0 41,70,267.0 41,70,267.0 43,37,078.0 102.3 320.0 244.0 260.0

3. Civil Advances – 1.0 – – – – – –

4. Others 3,39,053.0 2,65,870.0 4,51,628.0 5,48,417.0 50,38,926.9 52,75,100.0 52,73,600.0 56,03,500.0 X. Suspense and Miscellaneous (1 to 4) 6,93,61,775.0 4,02,95,124.0 1,92,76,553.0 1,94,40,699.0 65,40,034.0 97,20,850.0 77,28,950.0 83,19,950.0

1. Suspense 42,48,833.0 27,38,221.0 27,38,221.0 27,65,603.0 2,29,422.9 2,25,000.0 2,25,500.0 2,20,900.0

2. Cash Balance Investment Accounts 4,33,78,667.0 2,11,18,571.0 1,00,000.0 1,00,000.0 63,09,779.0 94,95,000.0 75,02,500.0 80,98,000.0

3. Deposits with RBI 2,16,65,850.0 1,64,37,700.0 1,64,37,700.0 1,65,74,451.0 – – – –

4. Others 68,425.0 632.0 632.0 645.0 832.1 850.0 950.0 1,050.0 XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances 27,34,558.0 20,19,210.0 20,19,210.0 20,99,978.0 12,37,652.6 12,19,800.0 12,74,100.0 13,20,900.0 A. Surplus (+)/Deficit (-) on Revenue Account 33,47,702.8 9,82,128.0 21,35,024.0 19,69,519.0 -11,88,086.2 -17,81,746.0 -17,84,767.9 -20,59,976.1 B. Surplus (+)/Deficit(-) on Capital Account -33,83,954.2 -10,70,962.0 -22,16,556.0 -19,41,515.0 12,93,333.1 18,34,054.7 18,03,015.3 20,23,539.2 C. Overall Surplus (+)/Deficit (-) (A+B) -36,251.4 -88,834.0 -81,532.0 28,004.0 1,05,246.9 52,308.7 18,247.4 -36,436.9 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) -36,252.0 -88,835.0 -81,533.0 28,003.0 1,05,247.2 52,308.7 18,247.4 -36,436.9 i. Increase (+)/Decrease (-) in Cash Balances 53,584.0 90,072.0 34,421.0 1,00,725.0 1,08,999.2 57,308.7 15,747.4 -34,436.9 a) Opening Balance -27,188.0 1,83,156.0 26,396.0 60,817.0 -71,609.3 -40,358.3 37,389.9 53,137.3 b) Closing Balance 26,396.0 2,73,228.0 60,817.0 1,61,542.0 37,389.9 16,950.4 53,137.3 18,700.4 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) -89,836.0 -1,79,007.0 -1,15,954.0 -72,722.0 -3,752.0 -5,000.0 2,500.0 -2,000.0 iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) – 100.0 – – – – – – 271State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item HIMACHAL PRADESH JAMMU AND KASHMIR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 73,77,879.1 15,07,965.8 28,37,677.9 13,23,394.9 92,24,733.5 76,64,630.2 60,85,521.9 67,19,819.7 TOTAL CAPITAL DISBURSEMENTS 9,25,224.0 10,27,697.8 13,40,409.9 8,28,126.9 22,53,204.8 36,90,427.7 27,54,400.7 32,60,690.0 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 5,62,978.5 6,26,967.7 9,27,317.1 3,94,112.9 12,08,885.4 25,16,507.7 19,56,776.7 26,83,625.0

1. Development (a+b) 5,27,307.7 6,11,149.7 8,89,251.1 3,87,460.2 11,40,492.7 23,60,138.9 18,09,385.1 25,07,463.9

(a) Social Services (1 to 9) 1,74,360.6 1,28,768.4 2,30,097.5 1,10,616.1 3,86,093.8 8,99,299.1 6,42,018.9 9,64,166.2

1. Education, Sports, Art and Culture 30,029.8 27,256.0 41,032.7 17,887.1 77,994.5 1,60,916.7 1,38,966.4 1,71,565.8

2. Medical and Public Health 29,566.7 16,648.4 61,404.6 33,533.5 64,359.4 1,67,451.4 1,10,678.7 1,75,050.0

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation 1,02,296.6 68,429.0 96,754.9 49,442.0 62,935.0 1,71,403.7 1,11,746.4 1,71,477.7

5. Housing 2,482.4 3,820.0 7,414.5 157.5 9,951.0 23,852.0 13,746.7 26,852.0

6. Urban Development 6,124.1 6,470.0 10,156.6 6,040.0 1,28,386.0 2,52,174.9 1,80,074.0 2,49,321.5

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 127.0 2,838.0 1,860.1 2,667.5 7,697.8 30,587.2 15,588.9 33,800.0

8. Social Security and Welfare 3,595.7 3,187.0 11,342.4 869.5 33,010.0 79,279.0 63,319.5 1,01,900.4

9. Others* 138.3 120.0 131.7 19.0 1,760.1 13,634.2 7,898.3 34,198.8

(b) Economic Services (1 to 10) 3,52,947.1 4,82,381.3 6,59,153.7 2,76,844.1 7,54,398.9 14,60,839.8 11,67,366.2 15,43,297.7

1. Agriculture and Allied Activities (i to xi) 757.0 3,641.8 4,790.0 239.9 80,415.1 2,65,609.8 2,39,297.7 2,83,939.0 i) Crop Husbandry -1,089.7 671.0 514.0 57.0 34,248.3 1,21,318.8 1,12,248.5 1,40,012.0 ii) Soil and Water Conservation 56.7 68.0 65.0 23.0 441.2 800.0 608.3 1,085.4 iii) Animal Husbandry 773.3 1,068.0 1,110.3 26.0 12,720.8 48,949.9 45,979.9 50,231.3 iv) Dairy Development – – – – – – – – v) Fisheries 376.7 627.3 1,902.3 84.9 2,420.3 8,245.5 6,082.8 8,250.0 vi) Forestry and Wild Life 606.8 1,180.0 1,175.0 38.0 7,092.9 19,782.0 15,013.7 20,968.3 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing 6.8 12.5 9.4 9.0 17,832.8 44,075.6 38,608.5 44,192.0 ix) Agricultural Research and Education – – – – 5,190.9 19,938.0 18,998.0 16,500.0 x) Co-operation 26.6 15.0 14.0 2.0 468.1 2,500.0 1,758.0 2,700.0 xi) Others@ – – – – – – – –

2. Rural Development 2,455.5 2,165.0 3,665.4 104.0 2,72,805.4 3,73,154.0 2,78,388.8 3,77,393.0

3. Special Area Programmes – – – – – – – –

of which: Hill Areas – – – – – – – –

4. Irrigation and Flood Control 38,548.1 88,699.0 85,337.8 57,141.7 15,325.2 97,293.0 74,851.7 97,293.0

5. Energy 2,350.0 4,667.0 9,467.0 1,429.0 71,307.9 2,02,067.0 1,25,857.0 2,02,137.0

6. Industry and Minerals (i to iv) 7,209.4 1,523.5 9,923.2 159.5 12,139.1 53,062.1 30,165.1 53,750.0 i) Village and Small Industries 7,209.4 1,523.5 9,923.2 159.5 11,903.0 52,662.1 29,949.4 53,115.0 ii) Iron and Steel Industries – – – – 187.9 200.0 176.7 335.0 iii) Non-Ferrous Mining and – – – – 48.2 200.0 39.0 300.0 Metallurgical Industries iv) Others# – – – – – – – – 272Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item HIMACHAL PRADESH JAMMU AND KASHMIR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 2,68,040.2 3,17,315.0 4,69,678.6 1,77,295.0 2,42,941.5 3,28,700.0 3,00,639.7 3,31,400.0 i) Roads and Bridges 2,06,511.8 2,16,750.0 2,59,280.1 1,49,200.0 2,42,776.5 3,27,100.0 2,99,495.5 3,29,800.0 ii) Others** 61,528.4 1,00,565.0 2,10,398.5 28,095.0 165.0 1,600.0 1,144.2 1,600.0

8. Communications – – – – – – – –

9. Science, Technology and Environment – – – – 3,587.7 16,530.0 13,351.0 16,642.8

10. General Economic Services (i + ii) 33,586.9 64,370.0 76,291.7 40,475.0 55,877.0 1,24,423.8 1,04,815.1 1,80,743.0 i) Tourism 6,372.5 651.0 12,572.8 20,147.0 13,777.6 40,220.0 27,786.3 40,420.0 ii) Others@@ 27,214.4 63,719.0 63,719.0 20,328.0 42,099.3 84,203.8 77,028.8 1,40,323.0

2. Non-Development (General Services) 35,670.8 15,818.0 38,066.0 6,652.7 68,392.7 1,56,368.9 1,47,391.6 1,76,161.1 II. Discharge of Internal Debt (1 to 8) 7,78,823.5 5,36,955.1 15,53,875.2 5,74,357.2 46,67,090.0 44,72,501.0 35,08,305.0 33,56,566.0

1. Market Loans 1,92,710.0 2,34,500.0 2,34,500.0 2,81,000.0 2,14,126.6 1,40,000.0 1,40,000.0 1,95,000.0

2. Loans from LIC 284.8 284.8 284.8 284.8 12,527.7 10,325.0 10,285.0 10,194.0

3. Loans from National Bank for Agriculture and 59,760.7 63,765.8 63,765.8 66,032.0 38,349.5 38,000.0 46,308.0 45,501.0 Rural Development

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative 2,196.7 2,589.6 2,509.7 2,589.6 – – – – Development Corporation

6. WMA from RBI 4,38,037.2 1,50,000.0 11,67,000.0 1,50,000.0 36,36,025.5 33,13,600.0 27,25,700.0 28,00,000.0

7. Special Securities issued to NSSF 56,909.9 56,909.9 56,909.9 45,545.7 84,864.5 84,865.0 84,862.0 78,147.0

8. Others (including 106) 28,924.2 28,905.0 28,905.0 28,905.0 6,81,196.3 8,85,711.0 5,01,150.0 2,27,724.0 III. Repayment of Loans to the Centre (1 to 6) 10,763.4 10,955.4 7,742.5 6,216.8 12,105.9 12,119.0 12,119.0 10,299.0

1. State Plan Schemes 10,287.4 10,483.6 6,937.7 5,420.7 11,873.9 12,119.0 12,119.0 10,299.0

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans 41.7 37.6 37.6 28.8 – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 434.3 434.3 767.3 767.3 232.1 – – – legislature schemes IV. Loans and Advances by State Governments 10,695.9 2,819.5 18,475.1 3,440.0 1,148.9 2,900.0 2,900.0 10,200.0 (1+2)

1. Development Purposes (a + b) 10,483.6 2,719.5 18,175.1 3,340.0 1,148.9 2,900.0 2,900.0 10,200.0 a) Social Services (1 to 7) 648.2 884.5 419.4 396.0 – 400.0 400.0 1,200.0

1. Education, Sports, Art and Culture – – – – – – – –

2. Medical and Public Health – – – – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation – – – – – – – –

5. Housing – – – – – – – –

6. Government Servants (Housing) 648.2 877.5 419.4 395.0 – 400.0 400.0 1,200.0

7. Others – 7.0 – 1.0 – – – – 273State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item HIMACHAL PRADESH JAMMU AND KASHMIR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) 9,835.5 1,835.0 17,755.7 2,944.0 1,148.9 2,500.0 2,500.0 9,000.0

1. Crop Husbandry – 0.0 – 0.0 – – – –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing – – – – – – – –

4. Co-operation – 2.0 – – – – – –

5. Major and Medium Irrigation, etc. – – – – – – – –

6. Power Projects 9,835.5 1,833.0 17,755.7 2,944.0 – – – –

7. Village and Small Industries – – – – – – – –

8. Other Industries and Minerals – – – – 1,148.9 2,500.0 2,500.0 9,000.0

9. Rural Development – – – – – – – –

10. Others – – – – – – – –

2. Non-Development Purposes (a + b) 212.3 100.0 300.0 100.0 – – – – a) Government Servants (other than Housing) 212.3 100.0 300.0 100.0 – – – – b) Miscellaneous – – – – – – – – V. Inter-StateSettlement – – – – – – – – VI. Contingency Fund – – – – – – – – VII. State Provident Funds, etc. (1 + 2) 3,13,941.6 1,62,500.0 1,62,500.0 1,77,500.0 5,02,963.2 5,86,397.0 5,31,817.5 5,89,322.6

1. State Provident Funds 3,11,337.0 1,60,000.0 1,60,000.0 1,75,000.0 4,83,141.2 5,79,697.0 5,25,217.5 5,82,622.6

2. Others 2,604.6 2,500.0 2,500.0 2,500.0 19,822.0 6,700.0 6,600.0 6,700.0 VIII. Reserve Funds (1 to 4) 1,30,073.1 102.0 102.0 102.0 2,597.3 52,605.5 52,003.7 48,207.1

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds – – – – – – 3,600.0 7,251.0

3. Famine Relief Fund – – – – – – – –

4. Others 1,30,073.1 102.0 102.0 102.0 2,597.3 52,605.5 48,403.7 40,956.1 IX. Deposits and Advances (1 to 4) 4,03,364.3 37,388.0 37,388.0 37,388.0 3,88,943.6 2,300.0 2,300.0 2,300.0

1. Civil Deposits 3,73,276.5 7,987.0 7,987.0 7,987.0 80,963.0 1,100.0 1,100.0 1,100.0

2. Deposits of Local Funds 12,897.1 21,500.0 21,500.0 21,500.0 99,349.6 – – –

3. Civil Advances – 7,250.0 7,250.0 7,250.0 – 1,200.0 1,200.0 1,200.0

4. Others 17,190.8 651.0 651.0 651.0 2,08,631.0 – – – X. Suspense and Miscellaneous (1 to 4) 42,72,212.6 82,241.0 82,241.0 82,241.0 24,40,002.1 6,000.0 6,000.0 6,000.0

1. Suspense 1,36,081.5 17,100.0 17,100.0 17,100.0 4,52,895.4 – – –

2. Cash Balance Investment Accounts 41,36,131.0 15,000.0 15,000.0 15,000.0 19,87,106.7 3,600.0 3,600.0 3,600.0

3. Deposits with RBI – 50,000.0 50,000.0 50,000.0 – – – –

4. Others 0.1 141.0 141.0 141.0 – 2,400.0 2,400.0 2,400.0 XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances 8,95,026.2 48,037.0 48,037.0 48,037.0 997.1 13,300.0 13,300.0 13,300.0 A. Surplus (+)/Deficit (-) on Revenue Account -5,55,858.8 -4,51,355.0 -6,49,620.4 -6,39,007.1 3,48,622.9 16,23,360.6 4,92,513.1 10,82,609.1 B. Surplus (+)/Deficit(-) on Capital Account 3,50,298.8 2,50,968.1 5,433.7 4,82,110.4 -3,22,267.6 -17,23,405.7 -9,78,420.9 -18,19,295.1 C. Overall Surplus (+)/Deficit (-) (A+B) -2,05,560.0 -2,00,386.9 -6,44,186.7 -1,56,896.7 26,355.3 -1,00,045.2 -4,85,907.9 -7,36,686.0 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) -2,05,559.9 -2,00,386.9 -6,44,186.8 -1,56,896.7 26,355.3 -1,00,045.2 -4,85,907.9 -7,36,686.0 i. Increase (+)/Decrease (-) in Cash Balances 13,177.1 -2,00,386.9 -6,44,186.8 -1,56,896.7 -343.7 -1,00,045.2 -4,85,907.9 -7,36,686.0 a) Opening Balance -8,932.6 -1,24,707.2 4,244.5 -5,88,354.2 1,44,830.9 44,762.3 -55,282.9 -5,41,190.8 b) Closing Balance 4,244.5 -3,25,094.1 -6,39,942.3 -7,45,250.9 1,44,487.2 -55,282.9 -5,41,190.8 -12,77,876.7 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) -2,18,737.0 – – – 15,095.0 – – – iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) – – 0.0 – 11,604.0 – – – 274Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item JHARKHAND KARNATAKA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 5,63,90,388.3 4,53,16,479.9 5,10,43,778.9 5,55,38,137.9 12,81,89,627.5 7,01,30,624.4 7,08,34,550.7 9,74,32,119.6 TOTAL CAPITAL DISBURSEMENTS 31,24,477.2 37,06,845.7 32,24,414.6 34,76,330.5 79,04,554.9 80,85,044.3 81,93,640.2 97,71,051.2 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 20,56,993.8 23,98,725.0 19,09,593.9 22,62,057.3 52,12,005.8 52,90,296.2 54,41,187.0 68,17,224.5

1. Development (a+b) 19,60,115.2 22,71,808.9 18,03,476.2 21,47,202.3 49,14,841.7 50,92,555.0 52,35,054.6 62,59,385.0

(a) Social Services (1 to 9) 6,61,416.3 8,88,115.9 5,13,239.4 8,44,371.3 12,02,626.1 16,03,875.1 16,90,575.5 24,50,462.2

1. Education, Sports, Art and Culture 74,727.7 1,48,259.0 82,163.8 1,15,776.0 1,20,108.6 1,61,714.6 1,62,674.6 1,65,773.6

2. Medical and Public Health 65,047.1 91,988.5 47,880.5 1,02,464.6 1,11,382.2 1,30,934.4 1,31,710.0 2,11,518.2

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation 3,46,713.9 4,19,149.5 1,84,489.5 4,14,199.5 5,98,122.4 8,50,800.0 8,50,800.0 12,43,010.0

5. Housing 14,453.4 21,000.0 19,500.0 25,500.0 33,811.6 48,952.1 48,952.1 24,000.0

6. Urban Development 58,449.2 91,345.0 80,345.0 75,996.0 29,750.0 66,050.0 87,762.0 2,39,538.0

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 87,772.6 86,879.0 69,365.6 80,856.0 2,76,410.3 3,21,043.1 3,72,848.5 5,13,684.0

8. Social Security and Welfare 13,143.3 19,593.0 19,593.0 21,327.2 7,409.0 9,891.0 21,319.8 29,473.3

9. Others* 1,109.1 9,902.0 9,902.0 8,252.0 25,631.9 14,490.0 14,508.6 23,465.0

(b) Economic Services (1 to 10) 12,98,698.9 13,83,693.0 12,90,236.8 13,02,831.0 37,12,215.6 34,88,679.9 35,44,479.1 38,08,922.8

1. Agriculture and Allied Activities (i to xi) 90,733.1 95,195.0 90,045.5 94,767.0 87,143.0 83,255.3 85,457.3 1,01,846.0 i) Crop Husbandry 850.3 1,400.0 1,400.0 3,000.0 6,312.5 10,845.3 10,845.3 14,059.0 ii) Soil and Water Conservation 45,883.7 38,000.0 35,999.2 38,000.0 629.0 305.2 305.2 19,872.0 iii) Animal Husbandry 923.6 2,200.0 1,955.0 2,500.0 3,700.0 3,987.7 3,987.7 8,100.0 iv) Dairy Development 3.4 500.0 500.0 500.0 2,500.0 – – – v) Fisheries 1,492.3 2,084.0 1,196.0 2,444.0 6,841.8 6,136.0 6,803.0 12,583.0 vi) Forestry and Wild Life 3,272.4 2,000.0 2,000.0 3,200.0 67,159.8 60,981.0 60,981.0 44,601.0 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing 24.0 6,000.0 5,000.0 6,000.0 – 1,500.0 101.0 ix) Agricultural Research and Education – – – – – 1,000.0 1,000.0 2,060.0 x) Co-operation 37,944.7 43,011.0 41,995.3 39,123.0 – – 35.0 470.0 xi) Others@ 338.6 – – – – – – –

2. Rural Development 3,51,434.5 5,03,140.0 4,92,590.0 4,75,990.0 22,352.8 11,388.0 24,586.0 10,912.2

3. Special Area Programmes – – – – 3,59,550.0 3,60,500.0 3,60,500.0 3,60,530.0

of which: Hill Areas – – – – – – – –

4. Irrigation and Flood Control 1,50,666.3 1,74,800.0 1,49,670.9 1,74,920.0 17,43,565.9 17,45,565.3 16,96,922.3 20,60,178.1

5. Energy 1,60,578.0 7,001.0 7,001.0 2.0 50,000.0 60,000.0 58,356.0 70,000.0

6. Industry and Minerals (i to iv) 16,342.0 536.0 535.0 4,141.0 8,104.9 16,258.5 16,269.5 33,160.0 i) Village and Small Industries 16,292.0 1.0 – 181.0 23,417.1 15,258.5 15,258.5 28,660.0 ii) Iron and Steel Industries – – – – -16.0 – – 2,500.0 iii) Non-Ferrous Mining and 50.0 160.0 160.0 160.0 – – – – Metallurgical Industries iv) Others# – 375.0 375.0 3,800.0 -15,296.2 1,000.0 1,011.0 2,000.0 275State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item JHARKHAND KARNATAKA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 5,25,955.9 5,95,519.0 5,43,933.0 5,46,709.0 9,64,479.4 7,55,065.6 8,13,065.6 6,95,805.3 i) Roads and Bridges 5,20,679.6 5,80,000.0 5,34,274.0 5,30,000.0 8,76,079.6 7,21,170.6 7,79,170.6 6,32,781.5 ii) Others** 5,276.3 15,519.0 9,659.0 16,709.0 88,399.8 33,895.0 33,895.0 63,023.8

8. Communications – – – – – – – –

9. Science, Technology and Environment – – – – – – – 900.0

10. General Economic Services (i + ii) 2,989.2 7,502.0 6,461.4 6,302.0 4,77,019.7 4,56,647.2 4,89,322.4 4,75,591.2 i) Tourism 2,989.2 7,500.0 6,400.0 6,300.0 16,698.2 7,490.0 20,635.2 7,711.0 ii) Others@@ – 2.0 61.4 2.0 4,60,321.5 4,49,157.2 4,68,687.2 4,67,880.2

2. Non-Development (General Services) 96,878.6 1,26,916.0 1,06,117.7 1,14,855.0 2,97,164.1 1,97,741.2 2,06,132.4 5,57,839.5 II. Discharge of Internal Debt (1 to 8) 6,04,203.8 7,96,983.1 7,98,683.1 8,32,605.0 20,77,344.2 23,33,496.5 23,33,496.5 24,48,490.0

1. Market Loans 2,95,000.0 4,95,000.0 4,95,000.0 5,35,000.0 17,99,724.0 20,50,002.5 20,50,002.5 21,18,753.0

2. Loans from LIC – – – – 3,134.1 2,253.0 2,253.0 1,702.0

3. Loans from National Bank for Agriculture and 1,49,194.9 1,57,500.0 1,57,500.0 1,62,000.0 1,11,490.9 1,18,145.0 1,18,145.0 1,75,000.0 Rural Development

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative 236.1 0.0 0.0 600.0 – – – – Development Corporation

6. WMA from RBI – – – – – 100.0 100.0 10,000.0

7. Special Securities issued to NSSF 76,948.8 76,949.0 76,949.0 67,370.9 1,62,791.6 1,62,792.0 1,62,792.0 1,42,863.0

8. Others (including 106) 82,824.0 67,534.1 69,234.1 67,634.1 203.7 204.0 204.0 172.0 III. Repayment of Loans to the Centre (1 to 6) 34,194.7 53,049.0 53,049.0 42,050.5 1,67,919.6 1,63,932.7 1,63,932.7 1,98,956.7

1. State Plan Schemes 13,722.2 26,213.0 26,213.0 10,780.5 1,67,414.7 1,63,432.0 1,63,432.0 1,98,469.0

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – 0.4 0.4 0.4 0.4

4. Non-Plan Loans 170.8 170.0 170.0 170.0 486.3 482.0 482.0 469.0

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 20,301.6 26,666.0 26,666.0 31,100.0 18.2 18.3 18.3 18.3 legislature schemes IV. Loans and Advances by State Governments 4,29,084.9 4,58,088.6 4,63,088.6 3,39,617.6 4,47,285.3 2,97,419.0 2,55,124.0 3,16,380.0 (1+2)

1. Development Purposes (a + b) 4,28,884.2 4,56,588.6 4,61,588.6 3,38,317.6 4,45,985.3 2,96,751.0 2,53,616.0 3,15,892.0 a) Social Services (1 to 7) 5,767.1 7,228.6 12,228.6 27,733.6 3,07,951.2 1,93,150.0 1,43,150.0 2,08,650.0

1. Education, Sports, Art and Culture – – – – – – – –

2. Medical and Public Health – – – – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation – – – – 81,234.2 75,000.0 75,000.0 75,000.0

5. Housing – – – – 5,600.0 – – –

6. Government Servants (Housing) 3,055.3 5,500.0 10,500.0 25,715.8 170.0 650.0 650.0 650.0

7. Others 2,711.8 1,728.6 1,728.6 2,017.8 2,20,947.0 1,17,500.0 67,500.0 1,33,000.0 276Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item JHARKHAND KARNATAKA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) 4,23,117.1 4,49,360.0 4,49,360.0 3,10,584.0 1,38,034.1 1,03,601.0 1,10,466.0 1,07,242.0

1. Crop Husbandry – – – – – – – –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing – – – – 25,100.0 10,000.0 10,000.0 4,754.0

4. Co-operation – – – – – – – –

5. Major and Medium Irrigation, etc. – – – – – – – –

6. Power Projects 4,22,774.6 4,48,760.0 4,48,760.0 3,09,984.0 11,333.0 2,000.0 8,865.0 –

7. Village and Small Industries – – – – – – – –

8. Other Industries and Minerals – – – – – – – –

9. Rural Development 342.6 600.0 600.0 600.0 – – – –

10. Others – – – – 1,01,601.1 91,601.0 91,601.0 1,02,488.0

2. Non-Development Purposes (a + b) 200.7 1,500.0 1,500.0 1,300.0 1,300.0 668.0 1,508.0 488.0 a) Government Servants (other than Housing) 200.7 1,500.0 1,500.0 1,300.0 1,300.0 668.0 1,508.0 488.0 b) Miscellaneous – – – – – – – – V. Inter-StateSettlement – – – – – – – – VI. Contingency Fund – – – – – 500.0 500.0 500.0 VII. State Provident Funds, etc. (1 + 2) 1,44,784.5 1,28,026.0 3,00,000.0 2,72,000.0 6,30,669.7 6,50,385.0 6,50,385.0 7,19,862.1

1. State Provident Funds 1,34,609.8 1,19,321.8 1,90,000.0 2,60,000.0 3,67,157.0 3,98,815.0 3,98,815.0 4,12,500.9

2. Others 10,174.7 8,704.2 1,10,000.0 12,000.0 2,63,512.7 2,51,570.0 2,51,570.0 3,07,361.2 VIII. Reserve Funds (1 to 4) 1,26,708.3 1,53,959.2 2,64,700.0 2,17,013.0 4,53,608.0 3,79,117.0 13,08,647.5 17,51,862.8

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds 56,700.0 59,200.0 56,700.0 63,813.0 2,00,000.0 2,00,000.0 2,00,000.0 3,00,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 70,008.3 94,759.2 2,08,000.0 1,53,200.0 2,53,608.0 1,79,117.0 11,08,647.5 14,51,862.8 IX. Deposits and Advances (1 to 4) 27,06,464.1 28,31,107.0 18,44,600.0 30,17,800.0 72,48,800.5 55,15,478.0 51,81,278.0 1,01,78,843.6

1. Civil Deposits 2,81,185.0 2,20,936.4 2,80,000.0 4,46,300.0 17,18,408.4 – – –

2. Deposits of Local Funds 23,14,970.7 25,51,813.6 15,00,000.0 24,30,000.0 36,21,261.1 50,41,506.0 47,07,306.0 96,29,963.0

3. Civil Advances 96,647.9 44,763.1 34,000.0 1,10,000.0 – – – –

4. Others 13,660.5 13,593.9 30,600.0 31,500.0 19,09,131.0 4,73,972.0 4,73,972.0 5,48,880.6 X. Suspense and Miscellaneous (1 to 4) 4,89,80,033.9 3,76,22,225.7 4,43,08,000.4 4,71,77,870.4 11,19,57,564.6 5,55,00,000.0 5,55,00,000.0 7,50,00,000.0

1. Suspense 73,276.1 1,21,741.6 2,60,000.0 74,000.0 2,39,618.9 – – –

2. Cash Balance Investment Accounts 1,97,07,035.5 1,42,73,359.0 1,90,25,000.0 1,98,50,570.0 8,03,80,922.0 5,55,00,000.0 5,55,00,000.0 7,50,00,000.0

3. Deposits with RBI 2,91,96,818.1 2,32,23,793.0 2,50,20,000.0 2,72,50,000.0 49,07,330.5 – – –

4. Others 2,904.2 3,332.1 3,000.4 3,300.4 2,64,29,693.2 – – – XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances 13,07,920.3 8,74,316.4 11,02,063.9 13,77,124.0 -5,570.2 – – – A. Surplus (+)/Deficit (-) on Revenue Account 11,25,206.8 18,96,845.7 11,86,352.9 14,51,674.5 -9,27,155.7 -27,35,353.5 -26,12,703.5 -19,26,219.3 B. Surplus (+)/Deficit(-) on Capital Account -8,18,782.6 -17,79,859.4 -10,29,814.3 -14,08,014.8 30,40,605.9 34,20,994.7 25,98,485.8 11,24,386.8 C. Overall Surplus (+)/Deficit (-) (A+B) 3,06,424.2 1,16,986.3 1,56,538.6 43,659.7 21,13,450.1 6,85,641.1 -14,217.7 -8,01,832.5 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) 3,06,424.2 1,16,986.3 1,56,538.6 43,659.7 21,13,450.2 6,85,641.1 -14,217.7 -8,01,832.5 i. Increase (+)/Decrease (-) in Cash Balances 27,712.3 1,24,232.3 -3,48,461.4 -2,96,350.3 1,91,113.3 6,85,641.1 -14,217.7 -8,11,831.5 a) Opening Balance 5,57,270.1 6,91,354.9 5,84,982.3 2,36,521.0 2,78,821.7 -3,00,655.1 4,69,934.9 4,55,717.2 b) Closing Balance 5,84,982.3 8,15,587.1 2,36,521.0 -59,829.4 4,69,934.9 3,84,986.1 4,55,717.2 -3,56,114.3 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) 2,78,711.9 -7,246.0 5,05,000.0 3,40,010.0 19,22,336.9 – – – iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) – – – – – – – 9,999.0 277State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item KERALA MADHYA PRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 4,72,08,545.2 4,94,80,957.4 4,77,45,353.2 4,95,89,239.9 9,47,22,094.1 9,59,84,430.5 10,57,14,826.4 11,09,94,109.4 TOTAL CAPITAL DISBURSEMENTS 37,93,949.1 39,35,941.5 38,51,823.2 43,03,709.5 78,98,383.2 90,43,320.6 94,09,666.7 1,11,05,434.6 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 13,58,445.5 15,66,321.6 14,06,985.5 16,93,809.8 56,53,859.6 61,63,348.9 64,92,992.6 82,51,341.4

1. Development (a+b) 13,33,719.7 15,45,103.7 13,87,727.3 16,70,307.6 55,33,482.2 59,40,249.7 62,97,256.7 80,12,617.0

(a) Social Services (1 to 9) 2,94,557.4 2,95,615.1 2,90,935.7 3,30,862.0 21,61,837.3 24,34,410.7 27,64,642.8 36,84,706.8

1. Education, Sports, Art and Culture 65,654.2 44,464.0 37,500.4 47,152.0 3,88,721.1 5,45,289.8 5,18,313.0 5,43,891.8

2. Medical and Public Health 34,811.1 24,840.1 33,328.7 29,374.1 2,50,598.8 2,94,171.8 2,79,206.2 3,98,803.6

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation 1,35,078.1 86,831.0 1,40,238.6 88,199.0 10,52,422.4 9,12,899.6 12,58,079.1 18,51,627.2

5. Housing 1,476.6 4,969.0 2,424.1 6,050.0 1,846.3 3,273.5 3,023.5 11,173.5

6. Urban Development 14,633.0 19,600.0 10,034.7 14,161.0 3,12,703.0 4,34,390.0 4,98,131.0 5,48,192.7

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 30,054.4 92,940.2 53,703.9 1,20,261.4 1,34,272.4 2,01,007.9 1,69,234.8 2,59,599.8

8. Social Security and Welfare 3,348.2 4,160.8 1,241.2 7,529.5 13,936.4 33,072.1 32,171.2 57,642.7

9. Others* 9,501.9 17,810.0 12,464.2 18,135.0 7,337.0 10,306.1 6,484.1 13,775.5

(b) Economic Services (1 to 10) 10,39,162.2 12,49,488.6 10,96,791.5 13,39,445.6 33,71,645.0 35,05,838.9 35,32,613.9 43,27,910.2

1. Agriculture and Allied Activities (i to xi) 44,040.1 50,332.5 49,609.6 55,649.7 2,22,968.0 2,81,582.9 1,90,204.2 2,34,947.0 i) Crop Husbandry 409.9 1,063.5 674.9 354.0 400.0 3,277.9 1,540.4 3,388.6 ii) Soil and Water Conservation 5,466.1 3,240.0 3,540.9 5,047.0 – 361.0 360.3 310.7 iii) Animal Husbandry 1,371.1 835.0 300.0 935.0 583.1 6,202.7 6,161.6 11,085.0 iv) Dairy Development 1,262.9 3,070.0 1,535.0 4,070.0 – – – 5,000.0 v) Fisheries 24,446.1 23,822.0 25,280.3 26,559.6 – 2,515.1 1,262.1 12,967.1 vi) Forestry and Wild Life 6,758.4 9,580.0 6,247.5 9,680.0 65,034.2 1,65,016.4 76,813.1 1,01,505.1 vii) Plantations – – 199.9 300.0 – – – – viii) Food Storage and Warehousing 188.6 3,682.0 1,471.4 3,742.0 2.3 1,680.7 1,681.2 289.4 ix) Agricultural Research and Education – – – – – – – – x) Co-operation 734.9 4,740.0 2,773.0 4,662.0 1,56,948.4 1,02,529.0 1,02,385.7 1,00,401.1 xi) Others@ 3,402.1 300.0 7,586.7 300.0 – – – –

2. Rural Development 1,19,016.9 2,00,250.0 1,89,727.2 2,07,201.0 2,35,488.2 4,03,444.1 3,06,744.1 4,24,212.3

3. Special Area Programmes 40.0 17,960.0 12,360.0 23,760.0 – – – –

of which: Hill Areas 40.0 9,760.0 9,760.0 9,760.0 – – – –

4. Irrigation and Flood Control 34,104.7 57,748.1 37,798.4 59,473.1 14,69,475.1 11,23,706.0 14,89,233.4 14,69,556.0

5. Energy 222.2 480.0 736.6 771.0 1,17,436.7 7,25,673.0 4,82,087.5 8,54,619.9

6. Industry and Minerals (i to iv) 54,788.7 81,919.0 26,252.6 82,014.0 1,70,170.0 2,04,508.1 2,12,579.6 2,11,966.9 i) Village and Small Industries 8,743.0 5,384.0 1,791.7 8,920.0 13,729.0 22,993.0 22,354.6 24,776.8 ii) Iron and Steel Industries – – – – – – – – iii) Non-Ferrous Mining and 6.7 – – – 86,000.0 1,10,715.0 1,10,715.0 1,11,190.0 Metallurgical Industries iv) Others# 46,039.0 76,535.0 24,460.9 73,094.0 70,441.0 70,800.1 79,510.1 76,000.1 278Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item KERALA MADHYA PRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 3,05,449.3 3,61,259.0 2,94,721.1 3,59,672.9 11,34,283.2 7,29,902.4 8,05,338.9 10,86,082.3 i) Roads and Bridges 2,12,378.1 2,93,076.0 1,88,203.4 2,87,004.9 11,31,987.4 6,96,990.3 7,90,626.7 10,42,070.2 ii) Others** 93,071.1 68,183.0 1,06,517.6 72,668.0 2,295.8 32,912.1 14,712.1 44,012.2

8. Communications – – – – – – – –

9. Science, Technology and Environment – – – – 7,356.8 21,400.1 18,200.0 20,851.0

10. General Economic Services (i + ii) 4,81,500.3 4,79,540.0 4,85,586.1 5,50,904.0 14,467.1 15,622.4 28,226.3 25,674.9 i) Tourism 12,770.6 18,731.0 8,739.5 21,553.0 14,449.3 15,222.0 28,025.8 25,141.5 ii) Others@@ 4,68,729.7 4,60,809.1 4,76,846.6 5,29,351.0 17.8 400.4 200.4 533.4

2. Non-Development (General Services) 24,725.8 21,217.9 19,258.3 23,502.2 1,20,377.3 2,23,099.2 1,95,735.9 2,38,724.4 II. Discharge of Internal Debt (1 to 8) 73,43,309.4 70,16,720.5 1,08,13,243.0 1,14,08,667.9 19,02,047.3 27,32,470.3 23,92,123.4 27,26,701.1

1. Market Loans 15,80,000.0 15,70,008.3 15,70,006.5 17,30,006.5 11,50,000.0 15,55,810.0 15,45,800.1 14,80,013.0

2. Loans from LIC 12,048.2 9,128.2 9,128.2 5,526.3 22.0 500.0 25.0 0.0

3. Loans from National Bank for Agriculture and 65,382.6 70,175.0 70,203.0 78,236.0 2,00,607.2 2,15,000.0 2,15,000.0 2,40,000.0 Rural Development

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative 16,485.2 15,900.1 12,802.3 13,625.6 2,085.1 2,161.3 2,161.3 375.0 Development Corporation

6. WMA from RBI 53,30,652.3 49,52,500.0 87,35,342.2 91,03,000.0 – 4,00,000.0 0.0 4,00,000.0

7. Special Securities issued to NSSF 3,25,172.8 3,81,493.1 3,95,870.1 4,56,663.0 4,75,391.1 4,80,000.0 5,55,497.0 5,32,713.0

8. Others (including 106) 13,568.2 17,515.8 19,890.8 21,610.6 73,941.9 78,999.0 73,640.0 73,600.0 III. Repayment of Loans to the Centre (1 to 6) 93,274.5 89,109.5 1,09,307.1 87,421.1 2,61,525.4 2,37,215.0 2,79,515.0 2,71,321.0

1. State Plan Schemes 84,492.0 84,434.1 83,132.2 60,250.0 2,61,192.2 2,36,875.0 2,79,175.0 2,71,001.0

2. Central Plan Schemes – 0.0 0.0 0.0 – – – –

3. Centrally Sponsored Schemes – 0.0 0.0 0.0 – – – –

4. Non-Plan Loans 174.9 175.4 174.9 171.1 333.2 340.0 340.0 320.0

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 8,607.7 4,500.0 26,000.0 27,000.0 – – – – legislature schemes IV. Loans and Advances by State Governments 3,29,572.0 2,16,289.9 2,57,629.7 2,16,810.8 80,951.0 3,10,286.4 2,45,035.7 2,56,071.2 (1+2)

1. Development Purposes (a + b) 2,63,918.6 1,49,671.0 1,91,697.2 1,50,174.9 80,951.0 3,10,286.4 2,45,035.7 2,56,071.2 a) Social Services (1 to 7) 1,359.9 1,843.1 3,145.9 2,030.9 30,511.6 1,15,391.1 84,231.1 1,15,315.2

1. Education, Sports, Art and Culture 50.0 – 2,150.0 – 2,500.0 2,500.0 2,500.0 2,500.0

2. Medical and Public Health 30.0 0.0 0.0 – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation – – – – – – – –

5. Housing 76.0 500.0 120.0 510.0 – 0.0 0.0 0.0

6. Government Servants (Housing) 49.9 43.0 250.9 270.9 – 70.1 0.0 70.1

7. Others 1,154.0 1,300.1 625.0 1,250.0 28,011.6 1,12,821.0 81,731.0 1,12,745.1 279State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item KERALA MADHYA PRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) 2,62,558.8 1,47,827.9 1,88,551.3 1,48,143.9 50,439.4 1,94,895.3 1,60,804.6 1,40,756.0

1. Crop Husbandry – – – – – – – –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing 715.4 50.0 316.5 50.0 5,965.0 0.0 0.0 0.0

4. Co-operation 283.7 3,946.0 2,377.3 3,768.0 – 0.0 – 0.0

5. Major and Medium Irrigation, etc. – – – – – – – –

6. Power Projects 4,130.5 1,500.0 999.3 540.0 19,474.4 1,69,895.2 1,30,804.6 1,15,756.0

7. Village and Small Industries 2,887.7 2,426.0 1,491.0 2,002.0 – – – –

8. Other Industries and Minerals 7,130.0 5,820.0 1,460.6 8,900.0 – – – –

9. Rural Development – – – – – – – –

10. Others 2,47,411.4 1,34,085.9 1,81,906.6 1,32,883.9 25,000.0 25,000.0 30,000.0 25,000.0

2. Non-Development Purposes (a + b) 65,653.4 66,618.9 65,932.5 66,635.9 – – – – a) Government Servants (other than Housing) 65,509.4 66,488.9 65,823.0 66,525.9 – – – – b) Miscellaneous 144.0 130.0 109.5 110.0 – – – – V. Inter-StateSettlement – – – – -23.0 200.0 107.4 200.0 VI. Contingency Fund – 100.0 100.0 100.0 – 1,00,000.0 1,00,000.0 1,00,000.0 VII. State Provident Funds, etc. (1 + 2) 1,49,21,283.6 1,60,77,972.9 1,58,37,608.5 1,67,42,244.6 4,99,585.3 5,67,387.4 6,63,634.1 4,80,914.3

1. State Provident Funds 9,73,499.7 6,94,647.3 8,99,110.6 8,96,882.7 4,54,300.3 5,19,430.5 4,21,540.8 4,34,187.0

2. Others 1,39,47,783.9 1,53,83,325.6 1,49,38,497.9 1,58,45,361.9 45,285.0 47,956.9 2,42,093.3 46,727.2 VIII. Reserve Funds (1 to 4) 95,367.7 1,66,171.2 81,476.9 2,00,668.3 5,95,334.4 5,93,388.7 8,22,964.1 14,44,766.8

1. Depreciation/Renewal Reserve Funds – – – – – 0.0 0.0 0.0

2. Sinking Funds 76,361.7 50,712.0 50,712.0 50,712.0 – 20,000.0 0.0 0.0

3. Famine Relief Fund – – – – – 0.0 0.0 0.0

4. Others 19,006.0 1,15,459.2 30,764.9 1,49,956.3 5,95,334.4 5,73,388.7 8,22,964.1 14,44,766.8 IX. Deposits and Advances (1 to 4) 6,63,583.8 7,55,561.5 5,59,231.7 6,34,826.0 47,22,003.7 74,04,394.8 70,29,916.6 85,33,114.5

1. Civil Deposits 4,48,940.1 5,83,598.1 3,62,738.4 3,99,854.5 8,50,501.4 9,36,204.6 8,55,237.7 8,80,895.5

2. Deposits of Local Funds 0.0 0.1 0.1 0.1 10,892.5 6,165.3 20,416.2 21,028.7

3. Civil Advances 23.1 0.0 0.0 0.0 3.1 1.5 6.8 7.1

4. Others 2,14,620.6 1,71,963.3 1,96,493.1 2,34,971.4 38,60,606.7 64,62,023.5 61,54,256.0 76,31,183.3 X. Suspense and Miscellaneous (1 to 4) 2,20,57,554.8 2,32,66,684.2 1,83,66,818.3 1,82,87,898.0 7,82,38,046.3 7,58,18,342.5 8,38,10,923.3 8,49,35,736.5

1. Suspense 36,12,310.8 39,16,320.6 39,16,452.1 39,17,531.6 50,278.6 50,150.5 53,477.0 55,081.3

2. Cash Balance Investment Accounts 46,49,905.1 60,00,000.0 11,00,000.0 10,00,000.0 3,79,90,760.6 3,89,54,553.8 3,96,50,483.4 3,94,50,483.4

3. Deposits with RBI – 0.0 0.0 0.0 1,96,11,770.1 1,77,41,144.1 2,29,99,924.5 2,36,89,922.3

4. Others 1,37,95,338.9 1,33,50,363.5 1,33,50,366.1 1,33,70,366.4 2,05,85,237.0 1,90,72,494.1 2,11,07,038.4 2,17,40,249.6 XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances 3,46,153.9 3,26,026.1 3,12,952.5 3,16,793.5 27,68,764.3 20,57,396.5 38,77,614.3 39,93,942.7 A. Surplus (+)/Deficit (-) on Revenue Account -18,14,019.0 -27,84,604.8 -29,19,588.7 -27,12,452.4 12,48,776.9 1,69,994.1 1,02,590.5 61,795.2 B. Surplus (+)/Deficit(-) on Capital Account 15,19,138.0 28,35,537.2 29,15,487.8 27,08,421.3 -13,10,944.8 8,16,566.1 -55,658.1 -1,49,132.6 C. Overall Surplus (+)/Deficit (-) (A+B) -2,94,881.0 50,932.4 -4,100.9 -4,031.1 -62,167.8 9,86,560.2 46,932.4 -87,337.4 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) -2,94,881.0 50,932.4 -4,101.0 -4,031.1 -62,167.9 9,86,560.2 46,932.4 -87,337.4 i. Increase (+)/Decrease (-) in Cash Balances 9,267.1 -4,067.6 -4,101.0 -4,031.1 4,45,690.9 3,81,023.8 50,027.0 296.1 a) Opening Balance 18,268.5 11,975.2 27,535.6 23,434.7 -4,95,043.7 -3,71,857.7 -49,352.8 674.2 b) Closing Balance 27,535.6 7,907.6 23,434.7 19,403.6 -49,352.8 9,166.1 674.2 970.2 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) -3,04,148.1 55,000.0 – – -5,07,858.8 6,05,536.5 -3,094.6 -87,633.4 iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) – – – – – – – – 280Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item MAHARASHTRA MANIPUR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 6,28,81,595.4 8,12,01,093.8 8,25,67,928.0 8,14,05,221.3 18,55,804.4 18,46,513.7 17,18,558.4 14,48,499.1 TOTAL CAPITAL DISBURSEMENTS 1,18,36,438.9 1,49,94,717.4 1,66,24,701.5 1,50,69,127.6 3,27,666.4 9,27,167.0 7,21,251.7 5,49,192.4 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 72,57,339.7 85,29,216.1 95,02,214.2 84,45,736.7 2,74,859.2 8,61,611.6 6,51,889.2 4,04,000.0

1. Development (a+b) 66,99,350.8 78,24,119.1 88,15,138.8 76,47,932.4 2,60,736.3 8,10,989.1 6,14,327.7 3,71,683.7

(a) Social Services (1 to 9) 15,24,367.8 11,17,005.0 19,88,080.9 13,91,508.2 90,717.3 2,46,405.0 1,45,230.3 1,04,867.5

1. Education, Sports, Art and Culture 46,828.2 54,688.3 57,857.7 86,486.2 6,150.6 10,313.7 8,318.1 9,081.1

2. Medical and Public Health 3,96,066.0 3,57,594.3 6,43,171.5 3,75,491.1 865.6 12,999.1 5,094.1 5,366.7

3. Family Welfare – – – – – 30.0 70.0 70.0

4. Water Supply and Sanitation – – – – 69,151.7 1,48,118.7 81,532.0 48,910.3

5. Housing 38,796.3 94,416.3 1,18,916.4 68,934.0 1,303.7 3,429.1 538.0 807.0

6. Urban Development 8,04,200.0 3,20,600.0 9,07,784.0 2,63,600.0 8,552.0 19,579.4 7,702.7 3,646.2

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 1,67,658.2 2,03,599.8 1,75,507.3 4,62,231.4 2,971.0 46,426.5 38,371.6 10,632.4

8. Social Security and Welfare 19,033.0 27,903.1 27,155.6 32,170.3 1,672.7 4,395.5 3,072.8 25,508.8

9. Others* 51,786.1 58,203.2 57,688.4 1,02,595.2 50.0 1,113.0 531.0 845.0

(b) Economic Services (1 to 10) 51,74,983.0 67,07,114.1 68,27,057.9 62,56,424.1 1,70,019.0 5,64,584.1 4,69,097.4 2,66,816.3

1. Agriculture and Allied Activities (i to xi) 5,00,178.7 9,17,654.1 8,18,343.9 8,47,150.0 265.3 4,571.9 3,421.9 3,306.0 i) Crop Husbandry – – – – – 532.9 66.9 234.0 ii) Soil and Water Conservation 3,00,851.9 3,72,483.3 3,18,812.2 3,76,523.0 – 141.0 91.0 155.0 iii) Animal Husbandry 5,247.9 13,143.9 13,003.4 14,367.9 19.4 1,093.0 1,043.0 339.0 iv) Dairy Development – 24,883.0 24,883.0 499.0 – – – – v) Fisheries 14,339.7 25,799.4 36,374.4 32,091.4 9.9 290.0 60.0 95.0 vi) Forestry and Wild Life 1,38,216.1 1,69,413.3 1,44,808.9 1,81,074.1 55.8 1,957.0 1,943.0 2,235.0 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing 12,062.9 2,57,908.1 2,28,080.6 1,97,011.3 20.0 433.0 173.0 188.0 ix) Agricultural Research and Education 2,277.5 4,010.9 3,012.9 3,000.0 – – – – x) Co-operation 7,092.1 22,812.2 14,568.6 13,083.4 – 125.0 45.0 60.0 xi) Others@ 20,090.8 27,200.0 34,800.0 29,500.0 160.2 0.0 0.0 0.0

2. Rural Development 2,74,373.0 6,23,051.9 2,49,577.9 3,97,449.9 33,498.0 1,68,794.8 1,72,740.0 18,986.8

3. Special Area Programmes 13,056.5 25,500.0 17,850.0 25,500.0 32,763.1 71,552.0 1,00,578.9 1,66,523.0

of which: Hill Areas 13,056.5 25,500.0 17,850.0 25,500.0 – – – –

4. Irrigation and Flood Control 14,92,112.4 18,40,214.4 19,43,620.9 18,43,593.1 27,059.2 90,532.4 55,384.0 31,283.2

5. Energy 1,45,553.4 2,38,806.7 18,155.5 22,278.1 – 18,000.0 9,500.0 5,000.0

6. Industry and Minerals (i to iv) 5,679.7 30,025.0 48,317.5 32,175.0 290.7 1,552.8 1,258.0 76.0 i) Village and Small Industries 42.0 5,025.0 2,207.5 7,175.0 – 951.0 658.0 75.0 ii) Iron and Steel Industries – – – – – – – – iii) Non-Ferrous Mining and – – – – – – – – Metallurgical Industries iv) Others# 5,637.7 25,000.0 46,110.0 25,000.0 290.7 601.8 600.0 1.0 281State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item MAHARASHTRA MANIPUR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 27,18,886.8 29,71,720.6 36,67,970.3 29,93,650.0 71,464.3 1,77,540.1 1,14,543.8 33,749.0 i) Roads and Bridges 26,37,450.9 29,13,620.6 35,85,130.2 29,30,049.9 71,464.3 1,77,185.1 1,14,119.8 33,749.0 ii) Others** 81,435.9 58,100.0 82,840.0 63,600.0 – 355.0 424.0 –

8. Communications – 0.0 0.0 0.0 – – – –

9. Science, Technology and Environment – – – – 3,152.2 20,191.3 11,053.9 7,118.3

10. General Economic Services (i + ii) 25,142.6 60,141.5 63,221.9 94,628.2 1,526.2 11,848.7 616.8 773.9 i) Tourism 18,961.2 53,781.5 59,419.9 93,227.1 1,526.2 11,803.7 576.8 207.0 ii) Others@@ 6,181.4 6,360.0 3,802.0 1,401.0 – 45.0 40.0 566.8

2. Non-Development (General Services) 5,57,988.9 7,05,097.1 6,87,075.3 7,97,804.4 14,122.9 50,622.6 37,561.5 32,316.3 II. Discharge of Internal Debt (1 to 8) 38,26,931.3 55,42,215.4 55,47,014.4 56,00,589.3 8,14,879.1 5,60,745.4 5,63,673.4 6,39,443.0

1. Market Loans 30,26,235.4 32,08,380.0 32,08,380.0 32,50,100.0 34,999.1 46,300.0 46,300.0 60,000.0

2. Loans from LIC – 0.0 0.0 0.0 – – 1,828.0 –

3. Loans from National Bank for Agriculture and 2,45,730.0 2,92,521.0 2,97,320.0 3,27,509.2 6,911.0 8,800.0 9,900.0 10,498.0 Rural Development

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative 210.1 243.5 243.5 220.0 – – – – Development Corporation

6. WMA from RBI – 3,000.0 3,000.0 3,000.0 7,67,566.0 5,00,000.0 5,00,000.0 5,00,000.0

7. Special Securities issued to NSSF 5,38,070.8 5,38,070.8 5,38,070.8 4,87,650.0 5,403.0 5,415.4 5,415.4 5,415.0

8. Others (including 106) 16,685.0 15,00,000.0 15,00,000.0 15,32,110.0 – 230.0 230.0 63,530.0 III. Repayment of Loans to the Centre (1 to 6) 2,54,752.2 1,77,539.1 1,77,539.1 1,54,986.3 5,469.2 4,600.0 5,469.2 5,469.2

1. State Plan Schemes 51,980.5 47,042.4 47,042.4 9,501.0 – – – –

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans 503.1 496.7 496.7 485.3 – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 2,02,268.6 1,30,000.0 1,30,000.0 1,45,000.0 5,469.2 4,600.0 5,469.2 5,469.2 legislature schemes IV. Loans and Advances by State Governments 4,97,415.7 7,48,746.8 14,00,933.9 8,70,815.3 25.0 210.0 220.0 280.3 (1+2)

1. Development Purposes (a + b) 4,55,400.2 7,17,391.1 13,68,779.2 8,35,377.4 25.0 210.0 220.0 280.3 a) Social Services (1 to 7) 2,91,288.7 6,11,295.9 8,80,001.6 7,31,358.4 25.0 210.0 220.0 280.3

1. Education, Sports, Art and Culture – – – – – – – –

2. Medical and Public Health – – – – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation – – – – – – – –

5. Housing 265.9 847.8 1,496.3 1,254.9 – – – –

6. Government Servants (Housing) 41,277.4 69,523.9 72,454.7 80,690.0 25.0 210.0 220.0 280.3

7. Others 2,49,745.4 5,40,924.2 8,06,050.7 6,49,413.5 – – – – 282Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item MAHARASHTRA MANIPUR 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) 1,64,111.5 1,06,095.2 4,88,777.5 1,04,019.0 – – – –

1. Crop Husbandry – – – – – – – –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing – – – – – – – –

4. Co-operation 59,232.4 4,387.9 3,82,739.0 1,200.1 – – – –

5. Major and Medium Irrigation, etc. – – – –

6. Power Projects 1,02,305.9 1,00,000.0 1,04,331.2 1,00,000.0 – – – –

7. Village and Small Industries 2.4 1,507.3 1,507.3 1,818.9 – – – –

8. Other Industries and Minerals – – – – – – – –

9. Rural Development – – – – – – – –

10. Others 2,570.7 200.1 200.1 1,000.0 – – – –

2. Non-Development Purposes (a + b) 42,015.5 31,355.8 32,154.7 35,437.9 – – – – a) Government Servants (other than Housing) 42,015.5 31,355.8 32,154.7 35,437.9 – – – – b) Miscellaneous – – – – – – – – V. Inter-StateSettlement 0.1 0.2 0.2 0.2 – – – – VI. Contingency Fund – – – – – – 50,000.0 – VII. State Provident Funds, etc. (1 + 2) 5,29,144.1 7,11,889.5 6,81,004.2 7,18,500.8 34,494.7 42,340.0 42,300.0 42,300.0

1. State Provident Funds 4,84,774.8 6,13,179.7 6,13,179.7 6,33,244.3 34,194.2 42,040.0 42,000.0 42,000.0

2. Others 44,369.3 98,709.8 67,824.5 85,256.5 300.5 300.0 300.0 300.0 VIII. Reserve Funds (1 to 4) 12,09,950.4 11,42,185.6 8,40,241.9 12,22,466.8 20,925.9 25,000.0 27,000.0 29,000.0

1. Depreciation/Renewal Reserve Funds – 5.0 5.0 5.0 – – – –

2. Sinking Funds 7,61,704.7 4,00,000.0 2,03,416.8 5,00,000.0 14,809.8 7,500.0 15,000.0 15,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 4,48,245.7 7,42,180.6 6,36,820.1 7,22,461.8 6,116.1 17,500.0 12,000.0 14,000.0 IX. Deposits and Advances (1 to 4) 59,02,485.1 56,02,668.9 56,76,211.7 56,45,055.5 50,776.3 92,000.0 68,000.0 68,000.0

1. Civil Deposits 46,90,326.6 44,86,972.1 45,49,452.6 45,07,073.7 1,515.7 20,000.0 5,000.0 5,000.0

2. Deposits of Local Funds – – – – – – – –

3. Civil Advances 2,53,081.9 61,613.3 61,613.3 61,613.3 3,584.4 2,000.0 3,000.0 3,000.0

4. Others 9,59,076.6 10,54,083.5 10,65,145.8 10,76,368.5 45,676.2 70,000.0 60,000.0 60,000.0 X. Suspense and Miscellaneous (1 to 4) 3,78,49,568.3 5,57,11,930.1 5,57,11,563.2 5,57,09,785.6 4,67,102.5 60,006.7 60,006.7 60,006.7

1. Suspense -65,984.6 22,469.6 22,102.7 20,325.1 32,130.2 7,000.0 7,000.0 7,000.0

2. Cash Balance Investment Accounts 3,78,97,553.0 5,40,00,000.0 5,40,00,000.0 5,40,00,000.0 4,29,809.0 50,000.0 50,000.0 50,000.0

3. Deposits with RBI – – – – – – – –

4. Others 17,999.9 16,89,460.5 16,89,460.5 16,89,460.5 5,163.2 3,006.7 3,006.7 3,006.7 XI. Appropriation to Contingency Fund – – – – – – 50,000.0 – XII. Remittances 55,54,008.5 30,34,702.2 30,31,205.4 30,37,284.9 1,87,272.6 2,00,000.0 2,00,000.0 2,00,000.0 A. Surplus (+)/Deficit (-) on Revenue Account -13,75,399.5 -20,05,069.5 -26,53,526.6 -45,89,085.9 88,442.3 7,08,865.9 4,42,991.7 1,94,269.3 B. Surplus (+)/Deficit(-) on Capital Account 13,67,317.9 -16,99,995.6 -6,98,600.7 4,31,157.8 -1,13,665.9 -7,17,277.5 -4,61,482.2 -1,65,442.9 C. Overall Surplus (+)/Deficit (-) (A+B) -8,081.6 -37,05,065.1 -33,52,127.3 -41,57,928.1 -25,223.5 -8,411.6 -18,490.5 28,826.4 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) -8,081.6 -37,05,065.1 -33,52,127.3 -41,57,928.1 -25,223.5 -8,411.6 -18,490.5 28,826.4 i. Increase (+)/Decrease (-) in Cash Balances 9,48,283.5 -11,29,915.1 -67,499.3 -45,128.1 -33,635.9 -8,411.6 -18,490.5 28,826.4 a) Opening Balance -12,57,128.0 -12,95,339.9 -3,08,844.5 -3,76,343.9 -14,997.1 -1,11,219.0 -48,632.9 -67,123.5 b) Closing Balance -3,08,844.5 -24,25,255.0 -3,76,343.9 -4,21,471.9 -48,632.9 -1,19,630.7 -67,123.5 -38,297.1 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) -9,56,365.1 -25,75,150.0 -32,84,628.0 -41,12,800.0 – – – – iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) – – – – 8,412.4 – – – 283State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item MEGHALAYA MIZORAM 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 27,78,631.9 1,09,07,813.2 1,09,52,694.3 1,26,12,955.4 16,68,784.1 13,93,738.1 13,99,529.4 13,57,255.7 TOTAL CAPITAL DISBURSEMENTS 6,90,120.0 7,21,026.8 7,39,815.8 9,17,978.9 1,71,877.1 2,45,505.1 3,08,216.4 2,65,852.7 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 4,52,954.0 5,86,950.6 5,86,950.7 6,99,529.4 1,25,377.4 1,95,375.1 2,57,266.6 2,23,580.7

1. Development (a+b) 4,36,095.8 5,65,716.1 5,65,716.2 6,74,272.9 1,13,626.8 73,405.1 2,19,707.0 75,721.6

(a) Social Services (1 to 9) 1,12,293.7 1,87,321.8 1,87,321.8 2,75,837.1 29,560.1 38,599.9 1,15,652.5 27,203.1

1. Education, Sports, Art and Culture 19,252.2 28,000.0 28,000.0 40,640.2 1,776.4 650.0 5,801.5 200.6

2. Medical and Public Health 5,970.5 9,400.0 9,400.0 10,700.0 8,363.8 14,440.5 16,667.3 11,451.0

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation 28,707.1 47,594.6 47,594.6 86,248.8 10,090.0 5,142.5 16,943.2 3,692.2

5. Housing 2,338.4 26,481.7 26,481.7 25,563.3 – – 14,242.0 –

6. Urban Development 52,558.9 59,800.5 59,800.5 95,470.0 6,877.4 18,266.8 48,432.4 9,591.8

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes – – – – 1,156.2 – 3,889.0 –

8. Social Security and Welfare 3,441.4 14,510.0 14,510.0 15,749.9 1,190.4 100.0 3,352.1 2,267.5

9. Others* 25.2 1,535.0 1,535.0 1,465.0 106.0 – 6,325.0 –

(b) Economic Services (1 to 10) 3,23,802.1 3,78,394.4 3,78,394.4 3,98,435.7 84,066.7 34,805.2 1,04,054.5 48,518.5

1. Agriculture and Allied Activities (i to xi) 1,612.3 3,527.0 3,527.0 4,579.9 16,729.5 8,107.2 11,312.3 0.1 i) Crop Husbandry 877.2 500.0 500.0 1,000.0 1,941.2 7,827.3 10,480.8 0.1 ii) Soil and Water Conservation – 581.9 581.9 1,068.9 – – – – iii) Animal Husbandry – – – 32.0 1,306.0 237.5 673.7 – iv) Dairy Development – 793.1 793.1 819.0 – – – – v) Fisheries – 250.0 250.0 270.0 – – – – vi) Forestry and Wild Life 48.1 110.0 110.0 110.0 – – 36.2 – vii) Plantations – – – – – – – – viii) Food Storage and Warehousing 52.0 – – – 2,440.0 – – – ix) Agricultural Research and Education – – – – – – – – x) Co-operation 535.0 1,092.0 1,092.0 1,280.0 – – 8.3 – xi) Others@ 100.0 200.0 200.0 – 11,042.3 42.3 113.3 –

2. Rural Development 16,507.5 4,425.3 4,425.3 9,575.3 73.5 – 2,759.0 1.1

3. Special Area Programmes – 3,505.0 3,505.0 8,690.8 – – – –

of which: Hill Areas – – – – – – – –

4. Irrigation and Flood Control 6,246.5 15,382.5 15,382.5 16,213.3 1,031.0 8,839.4 9,146.6 7,716.0

5. Energy 92,800.0 84,785.0 84,785.0 1,03,600.0 6,548.1 5,178.6 12,724.4 2,799.5

6. Industry and Minerals (i to iv) 405.4 2,711.0 2,711.0 4,115.0 – – – 0.7 i) Village and Small Industries 405.4 2,711.0 2,711.0 4,115.0 – – – – ii) Iron and Steel Industries – – – – – – – – iii) Non-Ferrous Mining and – – – – – – – – Metallurgical Industries iv) Others# – – – – – – – 0.7 284Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item MEGHALAYA MIZORAM 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 1,21,072.8 1,46,183.6 1,46,183.6 1,62,011.5 44,530.3 12,546.5 42,487.8 3,000.0 i) Roads and Bridges 1,19,774.2 1,41,760.0 1,41,760.0 1,55,906.5 44,120.3 12,546.5 34,409.9 3,000.0 ii) Others** 1,298.6 4,423.6 4,423.6 6,105.0 410.0 – 8,077.9 –

8. Communications – – – – – – – –

9. Science, Technology and Environment – – – – – – – –

10. General Economic Services (i + ii) 85,157.7 1,17,875.0 1,17,875.0 89,650.0 15,154.3 133.6 25,624.4 35,001.1 i) Tourism 1,884.7 5,650.0 5,650.0 7,750.0 154.3 133.6 6,498.5 – ii) Others@@ 83,273.0 1,12,225.0 1,12,225.0 81,900.0 15,000.0 – 19,125.9 35,001.1

2. Non-Development (General Services) 16,858.2 21,234.5 21,234.5 25,256.6 11,750.6 1,21,970.0 37,559.5 1,47,859.1 II. Discharge of Internal Debt (1 to 8) 4,77,904.8 1,47,109.0 1,91,990.1 2,38,389.5 4,86,091.1 42,663.0 42,683.4 37,900.0

1. Market Loans 44,000.0 87,300.0 87,300.0 1,18,000.0 26,000.0 26,000.0 26,000.0 20,000.0

2. Loans from LIC – – – – 862.6 550.0 550.0 504.4

3. Loans from National Bank for Agriculture and 12,703.6 14,500.0 14,500.0 16,500.0 11,938.5 13,690.0 13,690.0 15,582.8 Rural Development

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative 538.7 539.0 539.0 539.0 197.3 170.0 190.4 172.0 Development Corporation

6. WMA from RBI 2,47,296.9 20,900.0 46,992.1 26,700.0 4,44,857.5 3.0 3.0 3.0

7. Special Securities issued to NSSF 5,375.3 5,400.0 5,400.0 4,320.0 1,701.4 1,700.0 1,700.0 1,357.0

8. Others (including 106) 1,67,990.3 18,470.0 37,259.0 72,330.5 533.7 550.0 550.0 280.9 III. Repayment of Loans to the Centre (1 to 6) 2,456.2 2,720.0 2,720.0 2,160.0 2,768.5 6,420.0 6,420.0 4,000.0

1. State Plan Schemes 1,969.7 1,940.6 1,940.6 1,153.1 2,768.5 2,700.0 2,700.0 2,500.0

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes 23.2 23.2 23.2 25.7 – – – –

4. Non-Plan Loans 18.0 15.0 15.0 14.3 – 3,720.0 3,720.0 1,500.0

5. Loans for Special Schemes 22.2 12.8 12.8 – – – – –

6. Other Loans for States/Union Territories with 423.1 728.4 728.4 967.0 – – – – legislature schemes IV. Loans and Advances by State Governments 4,101.9 5,147.2 5,147.2 4,600.0 2,497.7 1,050.0 1,849.4 375.0 (1+2)

1. Development Purposes (a + b) 1,925.9 1,647.2 1,647.2 1,100.0 545.8 600.0 972.4 270.0 a) Social Services (1 to 7) 27.0 100.0 100.0 100.0 202.3 600.0 900.0 270.0

1. Education, Sports, Art and Culture – – – – – – – –

2. Medical and Public Health – – – – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation – – – – – – – –

5. Housing – – – – – – – –

6. Government Servants (Housing) 27.0 100.0 100.0 100.0 202.3 600.0 900.0 270.0

7. Others – – – – – – – – 285State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item MEGHALAYA MIZORAM 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) 1,898.9 1,547.2 1,547.2 1,000.0 343.5 – 72.4 –

1. Crop Husbandry – – – – – – – –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing – – – – – – – –

4. Co-operation 405.2 405.2 405.2 – 343.5 – 72.4 –

5. Major and Medium Irrigation, etc. – – – – – – – –

6. Power Projects 556.0 142.0 142.0 – – – – –

7. Village and Small Industries – – – – – – – –

8. Other Industries and Minerals – – – – – – – –

9. Rural Development – – – – – – – –

10. Others 937.7 1,000.0 1,000.0 1,000.0 – – – –

2. Non-Development Purposes (a + b) 2,176.0 3,500.0 3,500.0 3,500.0 1,951.9 450.0 877.0 105.0 a) Government Servants (other than Housing) 2,176.0 3,500.0 3,500.0 3,500.0 – 450.0 525.0 105.0 b) Miscellaneous – – – – 1,951.9 – 352.0 – V. Inter-StateSettlement – – – – – – – – VI. Contingency Fund – – – – – – – – VII. State Provident Funds, etc. (1 + 2) 40,368.9 41,793.0 41,793.0 46,626.2 99,075.5 72,500.0 96,800.0 99,900.0

1. State Provident Funds 40,368.9 41,793.0 41,793.0 46,626.2 97,235.3 70,700.0 95,000.0 98,000.0

2. Others – – – – 1,840.1 1,800.0 1,800.0 1,900.0 VIII. Reserve Funds (1 to 4) 11,683.0 20,291.1 20,291.1 23,043.0 9,489.4 14,630.0 14,630.0 17,950.0

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds 9,471.6 10,752.0 10,752.0 12,700.0 3,240.0 6,480.0 6,480.0 8,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 2,211.4 9,539.0 9,539.0 10,343.0 6,249.4 8,150.0 8,150.0 9,950.0 IX. Deposits and Advances (1 to 4) 1,42,781.6 1,03,636.3 1,03,636.3 1,89,669.4 1,32,318.5 1,55,300.0 1,68,000.0 1,64,500.0

1. Civil Deposits 1,06,570.1 74,116.2 74,116.2 1,45,307.1 1,31,923.4 1,55,300.0 1,61,000.0 1,57,300.0

2. Deposits of Local Funds – – – – – – – –

3. Civil Advances 8,262.6 4,818.0 4,818.0 5,058.9 380.8 – – –

4. Others 27,948.9 24,702.1 24,702.1 39,303.5 14.3 – 7,000.0 7,200.0 X. Suspense and Miscellaneous (1 to 4) 13,22,776.3 96,41,207.0 96,41,207.0 1,10,32,163.2 5,29,772.2 6,05,000.0 5,30,400.0 5,28,800.0

1. Suspense 894.7 8,051.0 8,051.0 8,453.6 62,456.9 5,000.0 62,500.0 62,000.0

2. Cash Balance Investment Accounts 13,21,155.0 17,64,184.0 17,64,184.0 27,61,289.0 4,62,447.0 6,00,000.0 4,63,000.0 4,62,000.0

3. Deposits with RBI – 78,68,209.0 78,68,209.0 82,61,619.5 – – – –

4. Others 726.6 763.0 763.0 801.2 4,868.2 – 4,900.0 4,800.0 XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances 3,23,605.2 3,58,959.0 3,58,959.0 3,76,774.7 2,81,393.8 3,00,800.0 2,81,480.0 2,80,250.0 A. Surplus (+)/Deficit (-) on Revenue Account 1,39,432.3 3,86,196.8 4,37,663.8 5,03,514.0 57,709.0 56,495.1 -10,302.2 56,290.7 B. Surplus (+)/Deficit(-) on Capital Account -1,73,489.6 -3,86,196.8 -4,54,985.8 -4,52,953.7 -8,104.6 -56,495.1 -1,54,316.4 -62,090.7 C. Overall Surplus (+)/Deficit (-) (A+B) -34,057.3 0.0 -17,322.0 50,560.2 49,604.4 – -1,64,618.6 -5,800.0 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) -34,057.3 0.0 -17,322.0 50,560.2 49,604.4 – -1,64,618.6 -5,800.0 i. Increase (+)/Decrease (-) in Cash Balances 26.8 702.0 -42,712.1 50,914.0 49,953.3 – -1,64,618.6 – a) Opening Balance 3,892.1 3,606.1 3,918.9 -38,793.2 -34,287.2 -38,989.1 15,666.2 -1,48,952.4 b) Closing Balance 3,918.9 4,308.1 -38,793.2 12,120.8 15,666.2 -38,989.1 -1,48,952.4 -1,48,952.4 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) -7,992.0 -702.0 -702.0 -353.8 -348.9 – – -5,800.0 iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) -26,092.1 – 26,092.1 – – – – – 286Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item NAGALAND ODISHA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 26,78,646.7 16,86,112.8 19,03,490.4 17,72,861.2 15,32,37,585.8 8,02,80,040.7 8,00,29,798.6 8,82,85,975.6 TOTAL CAPITAL DISBURSEMENTS 3,79,838.9 3,33,499.8 5,12,334.5 4,07,248.2 55,29,853.8 81,43,697.7 78,93,455.6 89,80,000.1 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 3,12,252.2 2,59,141.4 4,38,555.5 2,96,869.0 43,27,338.3 58,19,540.6 55,39,198.5 65,01,199.9

1. Development (a+b) 2,59,440.9 2,04,349.1 3,77,608.5 2,34,963.3 41,16,161.5 55,02,893.0 52,45,079.1 60,70,833.6

(a) Social Services (1 to 9) 1,05,468.1 1,13,859.3 1,75,073.3 1,14,612.1 9,60,623.5 20,01,053.4 17,99,496.9 24,10,678.4

1. Education, Sports, Art and Culture 24,910.9 41,095.4 41,310.5 39,808.8 1,24,227.6 2,04,629.2 1,61,129.2 5,19,892.6

2. Medical and Public Health 6,204.1 3,642.5 6,732.7 5,307.7 3,44,461.1 3,73,985.7 3,65,985.7 4,53,788.9

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation 9,050.1 6,095.4 7,917.4 5,456.6 1,91,087.1 8,46,613.4 7,39,494.8 8,56,200.1

5. Housing 6,493.2 3,821.5 13,125.1 5,543.7 79,508.4 1,07,799.4 1,27,936.9 2,96,052.0

6. Urban Development 57,284.6 37,477.2 63,477.9 35,818.8 97,749.8 2,78,619.1 2,17,653.2 61,629.2

7. Welfare of Scheduled Castes, Scheduled – – – – – – – – Tribes and Other Backward Classes 265.0 20,200.0 14,328.2 19,365.0 87,521.4 1,43,784.7 1,19,478.7 1,48,836.2

8. Social Security and Welfare 554.7 993.0 19,494.4 1,446.0 9,907.8 14,921.7 34,523.0 15,306.6

9. Others* 705.5 534.3 8,687.1 1,865.5 26,160.3 30,700.1 33,295.4 58,972.9

(b) Economic Services (1 to 10) 1,53,972.8 90,489.8 2,02,535.2 1,20,351.3 31,55,538.0 35,01,839.6 34,45,582.2 36,60,155.2

1. Agriculture and Allied Activities (i to xi) 15,372.3 19,125.4 20,380.5 19,164.6 37,891.5 50,187.7 50,578.2 52,713.1 i) Crop Husbandry 2,986.1 1,100.0 2,896.0 1,404.8 12,000.0 15,300.0 15,300.0 22,700.0 ii) Soil and Water Conservation 1,135.7 675.0 1,750.0 902.1 – 0.0 0.0 0.0 iii) Animal Husbandry – 350.0 850.0 476.0 1,800.0 372.0 372.0 2,088.0 iv) Dairy Development – – – – – – – – v) Fisheries 150.0 120.0 127.5 150.0 – 7,000.0 5,590.5 7,500.0 vi) Forestry and Wild Life 5,200.6 8,149.5 6,598.9 7,201.6 1,200.0 2,670.0 2,670.0 2,125.0 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing 300.0 330.9 455.9 610.0 1,229.7 1,845.6 2,645.6 0.0 ix) Agricultural Research and Education – – – – – – – – x) Co-operation – – – – 20,682.6 22,700.0 23,700.0 18,000.0 xi) Others@ 5,600.0 8,400.0 7,702.2 8,420.0 979.1 300.0 300.0 300.0

2. Rural Development 3,044.5 440.0 1,149.7 500.0 3,30,223.7 1,00,000.0 79,396.4 2,00,000.0

3. Special Area Programmes 12,379.7 7,303.8 11,986.2 16,802.1 36,717.8 43,850.0 38,850.0 34,872.7

of which: Hill Areas – – – – – – – –

4. Irrigation and Flood Control 11,802.5 28,153.6 9,162.5 18,308.1 10,42,621.5 10,67,092.4 9,15,864.7 12,33,499.9

5. Energy 12,990.0 2,338.6 9,814.6 7,429.0 2,12,576.6 2,84,104.3 2,44,004.3 2,06,291.5

6. Industry and Minerals (i to iv) 278.9 517.5 20,076.2 360.0 46,213.0 96,500.0 93,500.0 20,800.1 i) Village and Small Industries 178.9 40.0 16,567.0 160.0 16,675.0 26,000.0 20,500.0 8,800.0 ii) Iron and Steel Industries – – – – 1,870.0 – – – iii) Non-Ferrous Mining and 100.0 477.5 3,509.2 200.0 – – – – Metallurgical Industries iv) Others# – – – – 27,668.0 70,499.9 72,999.9 12,000.1 287State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item NAGALAND ODISHA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 89,120.8 32,031.0 1,24,889.8 56,906.0 14,12,175.3 18,01,851.4 19,52,634.9 18,11,493.1 i) Roads and Bridges 87,935.6 31,403.0 1,23,862.2 55,900.0 13,02,777.4 15,86,471.4 17,64,254.9 16,03,032.1 ii) Others** 1,185.3 628.0 1,027.6 1,006.0 1,09,398.0 2,15,380.0 1,88,380.0 2,08,461.0

8. Communications – – – – 0.0 0.0 0.0 0.0

9. Science, Technology and Environment – – – 171.4 – – – –

10. General Economic Services (i + ii) 8,984.1 580.0 5,075.7 710.0 37,118.6 58,253.8 70,753.8 1,00,484.8 i) Tourism 1,283.6 300.0 4,795.7 300.0 35,015.9 49,528.0 62,028.0 41,400.0 ii) Others@@ 7,700.5 280.0 280.0 410.0 2,102.7 8,725.8 8,725.8 59,084.8

2. Non-Development (General Services) 52,811.4 54,792.3 60,947.0 61,905.6 2,11,176.9 3,16,647.6 2,94,119.3 4,30,366.3 II. Discharge of Internal Debt (1 to 8) 3,35,745.3 4,20,413.4 4,21,292.6 4,56,433.3 8,36,773.5 16,92,156.0 16,92,156.0 19,00,000.0

1. Market Loans 53,500.0 60,000.0 60,000.0 95,000.0 4,65,800.0 3,00,131.1 3,00,131.1 2,00,131.1

2. Loans from LIC 8.6 8.6 8.6 8.6 – – – –

3. Loans from National Bank for Agriculture and 2,093.1 2,081.8 2,082.7 2,101.0 2,80,259.8 2,96,809.1 2,96,809.1 3,15,025.1 Rural Development

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative 713.9 713.9 713.9 780.7 – – – – Development Corporation

6. WMA from RBI 2,70,102.4 3,50,000.0 3,50,000.0 3,50,000.0 – 0.0 0.0 0.0

7. Special Securities issued to NSSF 1,312.9 1,325.0 1,325.0 1,325.0 88,253.5 88,253.5 88,253.5 88,253.5

8. Others (including 106) 8,014.4 6,284.2 7,162.4 7,218.0 2,460.1 10,06,962.2 10,06,962.2 12,96,590.2 III. Repayment of Loans to the Centre (1 to 6) 1,908.8 3,888.5 2,429.9 3,889.4 86,723.2 4,17,000.0 4,17,000.0 4,20,000.0

1. State Plan Schemes 1,646.2 2,150.0 2,150.0 2,150.0 45,226.6 42,153.9 42,153.9 58,027.0

2. Central Plan Schemes – 69.3 70.3 70.3 – – – –

3. Centrally Sponsored Schemes 43.0 43.0 43.0 43.0 47.1 3.8 3.8 3.8

4. Non-Plan Loans – – – – 179.7 164.8 164.8 158.7

5. Loans for Special Schemes 16.6 16.6 16.6 16.6 – – – –

6. Other Loans for States/Union Territories with 202.9 1,609.5 150.0 1,609.5 41,269.9 3,74,677.5 3,74,677.5 3,61,810.5 legislature schemes IV. Loans and Advances by State Governments 35.0 56.5 56.5 56.5 2,79,018.8 2,15,001.1 2,45,101.1 1,58,800.1 (1+2)

1. Development Purposes (a + b) – – – – 2,60,798.7 2,00,001.1 2,30,101.1 1,52,200.1 a) Social Services (1 to 7) – – – – 1,33,798.7 1,20,000.0 1,20,000.0 90,000.0

1. Education, Sports, Art and Culture – – – – – 0.0 0.0 0.0

2. Medical and Public Health – – – – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation – – – – – – – –

5. Housing – – – – – – – –

6. Government Servants (Housing) – – – – 63,798.7 50,000.0 50,000.0 20,000.0

7. Others – – – – 70,000.0 70,000.0 70,000.0 70,000.0 288Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item NAGALAND ODISHA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) – – – – 1,27,000.0 80,001.1 1,10,101.1 62,200.1

1. Crop Husbandry – – – – 20,000.0 –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing – – – – – – – –

4. Co-operation – – – – 3,000.0 0.1 0.1 0.1

5. Major and Medium Irrigation, etc. – – – – – – – –

6. Power Projects – – – – 1,00,000.0 80,000.0 1,10,100.0 62,200.0

7. Village and Small Industries – – – – 4,000.0 0.0 0.0 0.0

8. Other Industries and Minerals – – – – – 0.0 0.0 0.0

9. Rural Development – – – – – – – –

10. Others – – – – – 1.0 1.0 –

2. Non-Development Purposes (a + b) 35.0 56.5 56.5 56.5 18,220.1 15,000.0 15,000.0 6,600.0 a) Government Servants (other than Housing) 35.0 56.5 56.5 56.5 18,220.1 15,000.0 15,000.0 6,600.0 b) Miscellaneous – – – – – 0.0 0.0 0.0 V. Inter-StateSettlement – – – – – – – – VI. Contingency Fund – – – – 27,434.5 40,000.0 40,000.0 – VII. State Provident Funds, etc. (1 + 2) 58,271.4 62,000.0 42,000.0 42,000.0 5,20,568.2 7,58,154.1 7,58,154.1 8,33,969.4

1. State Provident Funds 55,957.9 60,000.0 40,000.0 40,000.0 5,09,005.6 7,53,243.3 7,53,243.3 8,28,567.6

2. Others 2,313.5 2,000.0 2,000.0 2,000.0 11,562.5 4,910.8 4,910.8 5,401.8 VIII. Reserve Funds (1 to 4) 18,198.0 28,250.0 34,292.9 23,750.0 15,38,569.6 17,25,408.8 17,25,408.8 18,97,949.4

1. Depreciation/Renewal Reserve Funds – – – – – 0.2 0.2 0.2

2. Sinking Funds 11,882.9 15,000.0 10,000.0 10,500.0 1,22,146.8 0.1 0.1 0.1

3. Famine Relief Fund – – – – – 0.0 0.0 0.0

4. Others 6,315.1 13,250.0 24,292.9 13,250.0 14,16,422.9 17,25,408.4 17,25,408.4 18,97,949.1 IX. Deposits and Advances (1 to 4) 1,13,681.4 57,303.0 1,09,803.0 94,803.0 42,01,106.6 63,08,408.4 63,08,408.4 69,39,248.5

1. Civil Deposits 40,899.0 10,000.0 30,000.0 10,000.0 33,23,218.2 53,35,037.5 53,35,037.5 58,68,540.9

2. Deposits of Local Funds – – – – 2,84,471.3 4,32,686.0 4,32,686.0 4,75,954.4

3. Civil Advances 1,542.9 1,800.0 1,800.0 1,800.0 97,991.6 56,835.2 56,835.2 62,518.6

4. Others 71,239.5 45,503.0 78,003.0 83,003.0 4,95,425.6 4,83,849.7 4,83,849.7 5,32,234.6 X. Suspense and Miscellaneous (1 to 4) 15,13,320.6 6,55,000.0 6,55,000.0 6,55,000.0 13,66,26,916.4 5,92,46,058.6 5,92,46,058.6 6,51,70,664.0

1. Suspense 49.5 5,000.0 5,000.0 5,000.0 -707.2 2,921.9 2,921.9 3,213.6

2. Cash Balance Investment Accounts 13,86,743.0 6,00,000.0 6,00,000.0 6,00,000.0 3,11,49,716.0 5,92,20,764.0 5,92,20,764.0 6,51,42,840.4

3. Deposits with RBI – – – – 10,54,77,123.1 2.3 2.3 2.5

4. Others 1,26,528.2 50,000.0 50,000.0 50,000.0 784.4 22,370.5 22,370.5 24,607.5 XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances 3,25,234.0 2,00,060.0 2,00,060.0 2,00,060.0 47,93,136.6 40,58,313.2 40,58,313.2 44,64,144.3 A. Surplus (+)/Deficit (-) on Revenue Account 1,33,543.2 1,14,064.2 1,10,205.7 1,61,773.0 30,76,148.1 27,43,697.7 27,93,455.6 31,80,000.1 B. Surplus (+)/Deficit(-) on Capital Account -49,192.3 -1,16,046.9 -1,93,557.5 -1,61,773.0 -24,76,495.2 -28,34,815.9 -28,84,573.7 -32,80,230.0 C. Overall Surplus (+)/Deficit (-) (A+B) 84,350.9 -1,982.7 -83,351.9 -0.0 5,99,652.8 -91,118.1 -91,118.1 -1,00,229.9 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) 84,350.9 -1,982.7 -83,351.9 – 5,99,652.8 -91,118.1 -91,118.1 -1,00,229.9 i. Increase (+)/Decrease (-) in Cash Balances 8,664.9 -1,982.7 -83,351.9 – 2.6 – – 0.0 a) Opening Balance 32,080.1 -88,595.0 -968.7 -84,320.6 -109.3 24,218.0 -106.7 -106.7 b) Closing Balance 40,745.0 -90,577.7 -84,320.6 -84,320.6 -106.7 24,218.0 -106.7 -106.7 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) 53,483.0 – – – 5,99,650.3 -91,118.1 -91,118.1 -1,00,229.9 iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) 22,203.0 – – – – 0.0 0.0 0.0 289State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item PUNJAB RAJASTHAN 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 1,85,52,765.4 4,99,06,633.7 5,16,33,041.6 5,21,66,610.7 5,04,12,159.4 5,27,98,287.8 6,01,30,453.0 5,43,20,609.7 TOTAL CAPITAL DISBURSEMENTS 65,24,829.8 67,10,085.9 61,92,324.8 69,32,256.9 55,93,031.0 75,24,769.9 69,28,979.2 91,52,304.2 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 4,74,279.9 7,44,503.2 8,34,662.4 10,30,165.0 26,64,572.5 44,21,648.0 38,28,819.0 53,68,615.2

1. Development (a+b) 4,48,400.8 6,87,958.1 7,89,592.4 9,25,606.0 26,23,878.3 42,92,582.4 37,42,175.7 52,20,114.0

(a) Social Services (1 to 9) 2,20,535.2 3,80,093.2 3,51,018.8 3,60,829.2 9,94,952.0 20,56,520.4 18,43,118.7 23,27,556.0

1. Education, Sports, Art and Culture 52,116.0 55,291.9 56,459.3 63,954.3 1,94,247.9 2,55,658.3 2,32,488.3 2,58,832.2

2. Medical and Public Health 23,075.9 55,249.0 34,609.8 63,364.0 2,00,284.1 4,18,098.5 3,83,320.0 5,65,962.3

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation 30,875.7 53,176.2 52,890.8 59,203.4 3,17,615.9 6,07,370.8 6,06,377.1 7,19,016.1

5. Housing 335.1 21.6 21.6 21.6 5,810.1 11,707.8 10,177.5 12,772.0

6. Urban Development 1,10,351.1 1,16,927.0 1,83,788.1 1,28,234.5 2,03,299.7 6,28,819.1 4,93,474.9 6,26,124.0

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 120.9 80,152.4 12,316.0 27,245.9 45,979.9 82,959.6 74,226.3 80,905.6

8. Social Security and Welfare 1,358.3 10,647.0 6,690.5 8,373.0 12,526.6 14,542.8 12,218.4 11,901.4

9. Others* 2,302.3 8,628.0 4,242.6 10,432.5 15,187.7 37,363.5 30,836.2 52,042.5

(b) Economic Services (1 to 10) 2,27,865.6 3,07,865.0 4,38,573.7 5,64,776.8 16,28,926.3 22,36,062.0 18,99,057.0 28,92,557.9

1. Agriculture and Allied Activities (i to xi) 9.5 11,761.5 6,507.9 31,990.0 89,165.0 80,222.0 69,776.8 1,02,082.1 i) Crop Husbandry – 7,240.5 2,387.4 6,932.0 4,620.3 4,673.0 5,174.1 7,977.6 ii) Soil and Water Conservation – 4,310.0 4,095.6 15,310.0 – – – – iii) Animal Husbandry 9.5 210.0 5.0 2,228.0 11,283.6 6,741.8 8,041.8 19,000.0 iv) Dairy Development – – 20.0 20.0 – – – – v) Fisheries – – – – – 187.0 120.0 70.0 vi) Forestry and Wild Life – – – – 72,949.2 68,163.5 55,984.3 74,730.7 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing – – – – – – – – ix) Agricultural Research and Education – – – – – – – – x) Co-operation – 1.0 – 7,500.0 312.0 456.7 456.6 303.7 xi) Others@ – – – – – – – –

2. Rural Development 17,166.4 9,302.1 47,961.6 46,843.4 84,218.4 1,01,403.0 1,01,003.0 1,00,050.0

3. Special Area Programmes – – – – 5,827.4 28,760.0 13,406.4 39,770.6

of which: Hill Areas – – – – – – – –

4. Irrigation and Flood Control 93,055.7 86,230.1 1,97,406.5 1,99,873.2 5,08,594.7 7,17,258.5 6,70,961.0 7,76,688.8

5. Energy 2,236.3 12,941.6 2,515.0 9,504.5 1,85,432.0 2,67,111.4 17,000.1 3,25,301.9

6. Industry and Minerals (i to iv) 5,193.9 3,150.0 11,025.0 13,100.0 524.4 1,705.0 11,307.1 11,573.1 i) Village and Small Industries 5,193.9 3,150.0 11,025.0 13,100.0 – 726.1 205.0 646.0 ii) Iron and Steel Industries – – – – – – – – iii) Non-Ferrous Mining and – – – – – 786.7 – 827.0 Metallurgical Industries iv) Others# – – – – 524.4 192.2 11,102.1 10,100.1 290Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item PUNJAB RAJASTHAN 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 96,911.4 1,71,115.0 1,60,606.0 1,77,534.9 7,12,136.9 9,37,718.7 9,58,729.4 14,01,561.6 i) Roads and Bridges 93,221.7 1,67,232.0 1,55,640.0 1,61,025.0 6,47,287.9 9,37,643.7 9,58,579.4 14,01,561.5 ii) Others** 3,689.7 3,883.0 4,966.0 16,509.9 64,849.0 75.1 150.0 0.1

8. Communications – – – – – – – –

9. Science, Technology and Environment 42.6 1,037.6 290.0 2,722.0 949.1 1,716.4 1,311.6 1,250.0

10. General Economic Services (i + ii) 13,249.8 12,327.1 12,261.7 83,208.8 42,078.5 1,00,166.9 55,561.6 1,34,279.9 i) Tourism – 104.0 20.0 60.0 1,256.1 9,611.6 1,274.3 17,127.4 ii) Others@@ 13,249.8 12,223.1 12,241.7 83,148.8 40,822.4 90,555.3 54,287.3 1,17,152.5

2. Non-Development (General Services) 25,879.1 56,545.1 45,069.9 1,04,559.0 40,694.2 1,29,065.5 86,643.3 1,48,501.2 II. Discharge of Internal Debt (1 to 8) 72,82,793.3 69,29,502.1 83,54,502.1 88,69,203.6 1,62,41,116.1 1,59,16,233.0 1,64,15,902.5 1,56,04,153.3

1. Market Loans 10,72,901.0 6,22,250.0 6,22,250.0 11,40,000.0 17,00,000.0 18,80,000.1 18,80,000.1 25,80,000.0

2. Loans from LIC – – – – 202.0 188.2 188.2 151.1

3. Loans from National Bank for Agriculture and 38,001.6 40,199.3 40,199.3 53,368.6 1,70,285.4 1,78,418.0 1,78,097.5 1,88,531.0 Rural Development

4. Loans from SBI and other Banks 1,56,007.8 1,68,248.0 1,68,248.0 1,81,040.0 – – – –

5. Loans from National Co-operative 695.8 695.9 695.9 695.9 2,137.3 387.0 375.0 288.8 Development Corporation

6. WMA from RBI 11,58,203.1 9,00,000.0 29,25,000.0 29,25,000.0 1,35,11,220.0 1,30,00,000.0 1,35,00,000.0 1,20,00,000.0

7. Special Securities issued to NSSF 1,84,147.4 1,84,147.4 1,84,147.4 1,55,137.7 1,58,476.0 1,58,476.0 1,58,476.0 1,36,474.4

8. Others (including 106) 46,72,836.5 50,13,961.5 44,13,961.5 44,13,961.5 6,98,795.6 6,98,763.8 6,98,765.8 6,98,708.0 III. Repayment of Loans to the Centre (1 to 6) 62,386.2 57,153.6 57,153.6 75,685.2 1,58,741.6 1,50,847.5 1,42,962.3 1,41,090.4

1. State Plan Schemes 17,772.6 56,903.8 11,903.8 436.3 50,905.5 24,586.1 21,551.9 14,137.9

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans 250.4 249.6 249.6 248.8 247.1 245.6 245.6 245.6

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 44,363.1 0.2 45,000.2 75,000.2 1,07,589.0 1,26,015.7 1,21,164.8 1,26,706.9 legislature schemes IV. Loans and Advances by State Governments 19,581.4 47,175.0 39,254.8 63,243.1 39,820.7 36,041.5 41,295.4 38,445.4 (1+2)

1. Development Purposes (a + b) 17,120.9 43,150.0 36,707.7 57,558.1 39,820.7 36,041.5 41,295.4 38,445.4 a) Social Services (1 to 7) – – 1,002.0 4,501.0 2,390.0 3,360.1 13,000.1 4,821.3

1. Education, Sports, Art and Culture – – – – 2,360.0 3,360.0 3,000.0 0.0

2. Medical and Public Health – – – – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation – – – – – – 0.0 0.0

5. Housing – – 852.0 1.0 – – – –

6. Government Servants (Housing) – – 150.0 4,500.0 – – – –

7. Others – – – – 30.0 0.1 10,000.1 4,821.2 291State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item PUNJAB RAJASTHAN 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) 17,120.9 43,150.0 35,705.7 53,057.1 37,430.7 32,681.4 28,295.3 33,624.2

1. Crop Husbandry – 6,750.0 11,418.7 14,224.3 10,844.0 5,844.0 10,844.0 5,844.0

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing 5,000.0 29,000.0 14,726.0 33,000.0 597.0 6,567.0 6,569.4 800.0

4. Co-operation 10,000.0 4,400.0 3,561.0 2,159.0 49.7 100.1 725.0 100.1

5. Major and Medium Irrigation, etc. – – – – – – – –

6. Power Projects – – – – – 0.2 0.1 6,800.1

7. Village and Small Industries – – – – – 0.0 – 0.0

8. Other Industries and Minerals – – – – – 0.0 – 0.0

9. Rural Development – – – – – – – –

10. Others 2,120.9 3,000.0 6,000.0 3,673.8 25,940.0 20,170.1 10,156.8 20,079.9

2. Non-Development Purposes (a + b) 2,460.6 4,025.0 2,547.0 5,685.0 – – – – a) Government Servants (other than Housing) 2,460.6 4,025.0 2,547.0 5,685.0 – – – – b) Miscellaneous – 0.0 0.0 0.0 – – – – V. Inter-StateSettlement – – – – – – – – VI. Contingency Fund – – – – – – – – VII. State Provident Funds, etc. (1 + 2) 2,81,672.7 3,66,235.6 3,66,235.6 3,66,235.6 10,31,179.1 10,10,385.5 10,25,922.5 11,10,130.5

1. State Provident Funds 2,77,072.7 3,61,237.6 3,61,237.6 3,61,237.6 5,59,350.6 5,69,832.0 5,91,175.9 6,15,457.1

2. Others 4,600.0 4,998.0 4,998.0 4,998.0 4,71,828.5 4,40,553.5 4,34,746.5 4,94,673.4 VIII. Reserve Funds (1 to 4) 3,00,686.5 1,30,000.0 1,30,000.0 1,30,000.0 16,26,440.3 17,73,950.7 21,30,386.7 16,33,859.4

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds 2,26,504.5 1,00,000.0 1,00,000.0 1,00,000.0 – 70,000.0 1,83,451.1 1,50,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 74,182.0 30,000.0 30,000.0 30,000.0 16,26,440.3 17,03,950.7 19,46,935.6 14,83,859.4 IX. Deposits and Advances (1 to 4) 6,71,887.9 6,25,941.2 8,45,110.2 6,25,955.2 2,43,23,672.2 2,61,51,718.1 3,17,46,984.6 2,59,27,913.2

1. Civil Deposits 3,43,794.6 3,65,863.1 3,65,863.1 3,65,863.1 45,30,090.9 60,44,130.3 62,64,037.8 53,98,347.3

2. Deposits of Local Funds – – 1,00,000.0 – 1,13,52,103.3 1,13,85,934.8 1,18,95,021.2 1,18,84,221.2

3. Civil Advances – – – – – 0.1 0.1 0.1

4. Others 3,28,093.3 2,60,078.1 3,79,247.1 2,60,092.1 84,41,478.0 87,21,652.9 1,35,87,925.5 86,45,344.6 X. Suspense and Miscellaneous (1 to 4) 94,51,221.6 4,10,02,839.2 4,10,02,839.2 4,10,02,839.2 28,73,995.4 19,56,486.5 30,38,698.7 30,36,921.1

1. Suspense 1,86,952.1 1,28,258.2 1,28,258.2 1,28,258.2 -859.8 1,060.7 -1,440.1 -1,406.2

2. Cash Balance Investment Accounts 9,44,981.0 34,18,665.6 34,18,665.6 34,18,665.6 28,74,194.0 19,52,153.0 30,37,266.0 30,37,266.0

3. Deposits with RBI – 3,05,58,768.3 3,05,58,768.3 3,05,58,768.3 – – – –

4. Others 83,19,288.5 68,97,147.0 68,97,147.0 68,97,147.0 661.3 3,272.8 2,872.8 1,061.4 XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances 8,256.0 3,283.9 3,283.9 3,283.9 14,52,621.4 13,80,977.1 17,59,481.4 14,59,481.4 A. Surplus (+)/Deficit (-) on Revenue Account -28,21,530.8 -23,19,814.4 -28,68,497.8 -23,95,728.1 -38,95,459.8 -25,75,810.6 -31,93,915.1 -31,00,941.3 B. Surplus (+)/Deficit(-) on Capital Account 25,76,901.3 23,19,814.5 28,68,497.9 23,95,727.7 39,55,184.5 25,90,034.9 32,04,606.6 31,12,449.1 C. Overall Surplus (+)/Deficit (-) (A+B) -2,44,629.6 0.1 0.2 -0.4 59,724.7 14,224.3 10,691.4 11,507.8 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) -2,44,629.6 – 0.1 -0.4 59,724.7 14,224.1 10,691.4 11,507.8 i. Increase (+)/Decrease (-) in Cash Balances -17,370.0 – 0.1 -0.4 7,303.7 14,224.1 10,691.4 11,507.8 a) Opening Balance 36,590.0 -53,910.0 19,220.0 19,220.2 -7,065.3 -4,224.3 238.4 10,929.8 b) Closing Balance 19,220.0 -53,910.0 19,220.2 19,219.8 238.4 9,999.7 10,929.8 22,437.6 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) -90,533.0 – – – 52,421.0 – – – iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) -1,36,726.6 – – – – – – – 292Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item SIKKIM TAMILNADU 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 26,30,192.2 25,40,601.8 26,36,166.1 28,59,717.7 9,43,66,533.6 2,94,49,409.5 5,03,26,684.0 4,88,29,481.6 TOTAL CAPITAL DISBURSEMENTS 2,95,757.0 3,75,290.3 4,70,854.6 5,16,752.6 92,91,010.1 1,05,38,700.8 99,50,901.0 1,13,04,571.5 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 2,66,066.0 3,33,796.1 4,29,342.7 4,50,501.3 40,50,020.3 47,68,130.4 46,76,603.3 57,23,096.1

1. Development (a+b) 1,93,988.6 2,37,301.2 3,37,265.0 3,05,547.7 39,55,014.9 46,13,509.2 45,61,155.9 55,23,967.9

(a) Social Services (1 to 9) 1,22,683.4 1,33,861.3 1,88,915.1 1,35,367.7 14,39,805.1 14,22,174.1 17,40,601.9 15,23,687.4

1. Education, Sports, Art and Culture 46,835.9 33,956.9 49,651.4 52,554.6 1,00,955.0 1,35,717.6 2,02,208.9 2,06,752.6

2. Medical and Public Health 11,242.4 11,090.4 14,649.9 5,801.2 64,216.2 55,407.4 80,543.4 70,665.6

3. Family Welfare – – – – 57,385.8 60,000.0 1,21,811.7 61,561.1

4. Water Supply and Sanitation 16,915.2 12,065.3 12,044.5 21,980.5 4,49,253.6 6,15,719.4 6,73,763.5 4,24,260.3

5. Housing 5,829.1 26,087.2 26,255.4 1,873.8 1,265.0 19,620.7 17,655.8 26,369.0

6. Urban Development 40,131.5 13,664.1 37,347.1 22,087.0 6,41,450.1 4,02,785.1 4,81,068.7 5,96,834.4

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 562.6 32,908.9 32,908.9 26,794.1 76,983.4 92,974.9 1,04,366.4 96,804.9

8. Social Security and Welfare 1,060.9 3,944.6 15,940.6 4,129.5 18,814.0 14,449.1 14,302.9 12,510.7

9. Others* 105.9 143.9 117.2 147.1 29,482.0 25,499.9 44,880.8 27,928.8

(b) Economic Services (1 to 10) 71,305.2 1,03,439.8 1,48,349.9 1,70,180.0 25,15,209.8 31,91,335.1 28,20,554.0 40,00,280.5

1. Agriculture and Allied Activities (i to xi) 836.2 2,391.1 2,177.7 2,938.4 1,57,243.3 2,07,232.7 2,08,354.5 2,22,481.4 i) Crop Husbandry 240.0 233.0 80.0 406.0 16,966.5 11,192.6 6,333.3 10,482.5 ii) Soil and Water Conservation – – – – 2,146.4 722.7 930.3 718.3 iii) Animal Husbandry 4.8 298.5 298.5 357.0 7,483.8 5,925.1 5,988.6 4,440.7 iv) Dairy Development – – – – 28,930.5 54,200.0 46,000.0 58,000.0 v) Fisheries – 85.9 85.9 60.0 64,160.4 60,627.8 91,090.2 76,041.3 vi) Forestry and Wild Life 340.7 1,497.7 1,497.7 1,673.4 23,001.3 45,677.2 40,457.4 61,092.5 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing 211.0 155.5 95.1 404.0 10,846.9 26,338.4 11,856.1 8,206.0 ix) Agricultural Research and Education – – – – 1,000.0 1,500.0 3,157.7 3,500.0 x) Co-operation 39.8 120.5 120.5 38.0 -15.4 0.1 -14.1 0.1 xi) Others@ – – – – 2,723.0 1,048.9 2,555.1 0.0

2. Rural Development 2,707.1 1,174.1 1,074.1 2,494.6 2,15,869.0 5,42,305.0 3,99,007.1 4,79,657.8

3. Special Area Programmes 400.0 12,612.4 12,752.6 7,466.0 7,424.7 5,000.0 7,425.0 7,425.0

of which: Hill Areas – – – – 7,424.7 5,000.0 7,425.0 7,425.0

4. Irrigation and Flood Control 6,647.9 9,828.9 10,928.9 13,052.6 3,74,637.7 4,05,943.5 3,54,498.8 4,35,485.3

5. Energy 7,794.6 16,288.6 40,430.7 41,902.0 12,931.0 39,430.0 12,442.0 5,06,780.0

6. Industry and Minerals (i to iv) 84.5 1,396.9 1,398.9 450.0 21,149.2 11,300.1 -0.1 11,150.1 i) Village and Small Industries 0.8 201.9 203.9 420.0 11,150.0 11,300.0 0.0 11,150.0 ii) Iron and Steel Industries – – – – – – – – iii) Non-Ferrous Mining and 83.7 87.6 87.6 18.5 – – – – Metallurgical Industries iv) Others# – 1,107.4 1,107.4 11.5 9,999.2 0.0 -0.2 0.0 293State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item SIKKIM TAMILNADU 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 43,042.5 51,027.0 53,931.8 67,093.2 17,12,996.5 19,59,241.0 18,14,143.8 23,06,554.9 i) Roads and Bridges 42,915.0 50,924.0 53,028.8 67,035.2 16,14,795.1 17,88,854.9 17,02,505.3 18,45,639.5 ii) Others** 127.5 103.0 903.0 58.0 98,201.3 1,70,386.1 1,11,638.5 4,60,915.4

8. Communications – – – – – – – –

9. Science, Technology and Environment 144.4 47.4 32.4 21.0 7,000.0 7,000.0 5,000.0

10. General Economic Services (i + ii) 9,648.0 8,673.3 25,622.7 34,762.2 12,958.5 13,882.8 17,682.9 25,746.1 i) Tourism 9,555.0 8,528.7 25,456.7 34,654.4 8,138.8 11,382.1 17,542.9 23,246.0 ii) Others@@ 93.1 144.6 166.0 107.8 4,819.6 2,500.7 140.0 2,500.0

2. Non-Development (General Services) 72,077.4 96,494.9 92,077.7 1,44,953.6 95,005.4 1,54,621.2 1,15,447.4 1,99,128.2 II. Discharge of Internal Debt (1 to 8) 28,498.0 40,223.5 40,241.2 65,205.2 41,64,320.1 38,50,888.7 38,48,621.2 44,51,414.3

1. Market Loans 21,500.0 33,000.0 33,000.0 58,000.0 34,74,917.8 31,45,000.0 31,45,074.4 37,37,500.0

2. Loans from LIC 825.8 708.9 708.9 498.6 5,397.9 5,247.1 5,172.3 4,955.9

3. Loans from National Bank for Agriculture and 4,328.6 4,893.8 4,911.5 5,429.0 2,69,046.3 2,85,781.2 2,82,909.0 3,03,447.6 Rural Development

4. Loans from SBI and other Banks – – – – 616.6 1,227.0 8,308.0

5. Loans from National Co-operative – – – – 6,072.9 5,420.7 5,415.4 2,940.2 Development Corporation

6. WMA from RBI – – – – – – – –

7. Special Securities issued to NSSF 1,610.5 1,610.5 1,610.5 1,268.7 1,80,308.1 1,80,308.1 1,80,308.1 1,65,870.7

8. Others (including 106) 233.2 10.3 10.3 8.8 2,28,577.1 2,28,515.0 2,28,515.0 2,28,392.0 III. Repayment of Loans to the Centre (1 to 6) 1,137.8 1,135.7 1,135.7 911.1 1,92,158.6 2,66,937.1 2,20,646.0 2,52,543.8

1. State Plan Schemes 1,014.5 985.4 985.4 725.4 1,55,972.6 1,41,707.0 1,35,230.1 1,35,802.8

2. Central Plan Schemes 29.8 30.4 30.4 35.7 – – – –

3. Centrally Sponsored Schemes 9.6 9.4 9.4 9.4 105.6 105.6 105.6 105.6

4. Non-Plan Loans – 0.0 0.0 – 435.1 428.7 428.7 425.4

5. Loans for Special Schemes 22.0 14.0 14.0 0.0 – – – –

6. Other Loans for States/Union Territories with 62.0 96.5 96.5 140.6 35,645.3 1,24,695.8 84,881.6 1,16,209.9 legislature schemes IV. Loans and Advances by State Governments 55.1 135.0 135.0 135.0 8,84,511.1 16,53,361.3 12,06,257.5 8,85,825.3 (1+2)

1. Development Purposes (a + b) 55.1 125.0 125.0 125.0 8,77,364.7 16,43,228.1 11,96,599.3 8,76,167.1 a) Social Services (1 to 7) 55.1 125.0 125.0 125.0 6,55,244.5 13,58,145.6 10,03,541.5 6,15,166.9

1. Education, Sports, Art and Culture – – – – – – – –

2. Medical and Public Health – – – – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation – – – – – – – –

5. Housing – – – – 30.0 2,050.0 4,919.0 1,385.0

6. Government Servants (Housing) 55.1 125.0 125.0 125.0 27,686.5 30,295.6 33,074.1 33,400.0

7. Others – – – – 6,27,528.0 13,25,800.0 9,65,548.4 5,80,381.8 294Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item SIKKIM TAMILNADU 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) – – – – 2,22,120.2 2,85,082.4 1,93,057.7 2,61,000.3

1. Crop Husbandry – – – – 12,500.0 0.0 12,000.0 –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing – – – – – 0.0 0.0 –

4. Co-operation – – – – 15,561.3 0.0 10,970.4 0.0

5. Major and Medium Irrigation, etc. – – – – – – – –

6. Power Projects – – – – 95,522.0 68,315.0 20,259.0 80,000.0

7. Village and Small Industries – – – – 6,896.1 4,000.0 0.0 0.0

8. Other Industries and Minerals – – – – 24,154.2 58,000.1 41,500.1 68,000.1

9. Rural Development – – – – – – – –

10. Others – – – – 67,486.6 1,54,767.3 1,08,328.2 1,13,000.1

2. Non-Development Purposes (a + b) – 10.0 10.0 10.0 7,146.4 10,133.2 9,658.2 9,658.2 a) Government Servants (other than Housing) – 10.0 10.0 10.0 7,146.4 10,133.2 9,658.2 9,658.2 b) Miscellaneous – – – – – 0.0 0.0 – V. Inter-StateSettlement – – – – – – – – VI. Contingency Fund – – – – 547.0 – – – VII. State Provident Funds, etc. (1 + 2) 46,649.9 49,736.0 49,736.0 49,809.6 7,98,917.9 8,46,056.3 8,07,625.8 8,80,494.7

1. State Provident Funds 45,994.6 49,000.0 49,000.0 49,000.0 7,87,598.7 8,36,731.3 7,95,262.2 8,68,182.6

2. Others 655.3 736.0 736.0 809.6 11,319.2 9,325.0 12,363.7 12,312.1 VIII. Reserve Funds (1 to 4) 39,424.3 43,389.8 43,389.8 30,290.4 16,24,867.4 12,01,962.7 11,27,862.4 13,08,635.9

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds 7,550.5 1,500.0 1,500.0 2,100.0 6,42,286.6 1,30,357.9 39,087.6 1,76,332.8

3. Famine Relief Fund – – – – – – – –

4. Others 31,873.8 41,889.8 41,889.8 28,190.4 9,82,580.8 10,71,604.8 10,88,774.8 11,32,303.2 IX. Deposits and Advances (1 to 4) 45,789.3 42,664.3 42,664.3 56,741.3 1,26,88,291.5 78,16,301.7 94,03,466.0 1,02,21,884.9

1. Civil Deposits 17,192.1 13,664.3 13,664.3 21,741.2 1,09,86,618.4 53,41,219.4 66,30,272.7 84,85,481.6

2. Deposits of Local Funds – – – – 2,07,607.4 1,92,776.9 1,254.8 1,254.7

3. Civil Advances – – – – – – – –

4. Others 28,597.2 29,000.0 29,000.0 35,000.0 14,94,065.7 22,82,305.4 27,71,938.5 17,35,148.5 X. Suspense and Miscellaneous (1 to 4) 18,39,228.4 17,34,423.8 17,34,423.8 18,53,510.6 6,99,62,408.7 90,45,764.8 2,90,00,601.4 2,51,05,586.2

1. Suspense 491.5 670.7 670.7 686.1 66,63,006.7 -60,14,236.0 75,85,586.2 75,85,586.2

2. Cash Balance Investment Accounts 10,57,651.6 9,91,000.0 9,91,000.0 10,60,653.1 2,93,81,576.5 1,50,60,000.0 2,14,15,000.1 1,75,20,000.0

3. Deposits with RBI – – – – – – – –

4. Others 7,81,085.3 7,42,753.1 7,42,753.1 7,92,171.3 3,39,17,825.5 0.8 15.2 0.1 XI. Appropriation to Contingency Fund – – – – – – 35,000.0 – XII. Remittances 3,63,343.4 2,95,097.6 2,95,097.6 3,52,613.3 491.1 6.7 0.4 0.4 A. Surplus (+)/Deficit (-) on Revenue Account 13,082.9 49,933.8 1,06,818.9 1,20,319.8 -45,12,110.8 -49,27,873.4 -46,46,750.1 -41,63,493.8 B. Surplus (+)/Deficit(-) on Capital Account -18,397.2 -45,524.3 -90,329.1 -1,57,054.0 41,04,973.6 49,17,733.1 42,28,268.5 39,17,198.3 C. Overall Surplus (+)/Deficit (-) (A+B) -5,314.3 4,409.6 16,489.8 -36,734.2 -4,07,137.2 -10,140.3 -4,18,481.6 -2,46,295.5 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) -5,314.3 4,409.6 16,489.8 -36,734.2 -4,07,137.2 -10,140.3 -4,18,481.6 -2,46,295.5 i. Increase (+)/Decrease (-) in Cash Balances -2,312.7 4,409.6 86,143.0 -36,734.2 -5,084.6 -114.4 10,679.8 2,435.0 a) Opening Balance 7,625.6 26,997.3 5,312.9 91,455.8 -4,237.2 6,474.7 -9,321.8 1,358.0 b) Closing Balance 5,312.9 31,406.9 91,455.8 54,721.7 -9,321.8 6,360.3 1,358.0 3,793.0 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) -3,001.6 – -69,653.1 – -4,02,052.6 -10,025.9 -4,29,161.4 -2,48,730.5 iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) – – – – – 0.0 0.0 0.0 295State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item TELANGANA TRIPURA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 2,41,28,155.3 1,63,02,487.2 1,62,62,621.7 1,70,07,050.7 46,41,760.2 9,26,885.0 10,12,559.8 10,59,213.9 TOTAL CAPITAL DISBURSEMENTS 63,29,719.0 70,11,418.7 69,71,553.3 77,88,271.1 3,73,871.2 6,63,380.0 7,72,785.3 7,90,326.2 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 43,91,761.5 33,48,650.5 33,08,785.0 36,50,444.7 2,73,418.8 6,06,465.1 7,17,179.4 6,88,724.3

1. Development (a+b) 43,05,292.0 31,37,538.9 31,03,280.4 34,61,492.5 2,47,081.0 5,21,175.1 6,02,668.7 5,80,928.7

(a) Social Services (1 to 9) 9,11,589.4 9,25,466.4 8,91,204.9 10,50,330.7 95,654.3 2,23,593.4 2,45,392.6 2,04,387.1

1. Education, Sports, Art and Culture 57,983.9 1,22,515.6 1,22,540.1 1,14,838.7 21,823.0 48,612.2 59,295.1 40,584.2

2. Medical and Public Health 1,32,013.7 1,99,278.3 1,89,175.5 1,97,224.6 4,030.1 19,119.2 6,339.0 8,463.0

3. Family Welfare 9,300.0 25,353.4 21,237.2 – 2,366.1 3,211.0 5,692.9 3,274.0

4. Water Supply and Sanitation 5,62,906.4 1,20,938.3 1,20,938.3 1,20,938.3 14,938.0 32,794.0 19,082.9 23,255.0

5. Housing 1,973.4 14,200.0 14,200.0 14,200.0 83.3 140.0 110.0 155.0

6. Urban Development 72,677.0 – – – 42,613.0 81,316.0 97,554.2 74,075.5

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 70,855.2 4,12,585.7 4,12,585.7 5,71,974.6 8,818.1 36,638.0 47,142.4 44,351.3

8. Social Security and Welfare 3,782.4 10,595.1 10,528.1 14,153.5 857.9 1,663.0 10,040.1 9,979.2

9. Others* 97.4 20,000.0 – 17,001.0 124.7 100.0 136.0 250.0

(b) Economic Services (1 to 10) 33,93,702.7 22,12,072.5 22,12,075.5 24,11,161.8 1,51,426.7 2,97,581.7 3,57,276.1 3,76,541.6

1. Agriculture and Allied Activities (i to xi) 8,461.6 28,686.4 28,686.4 33,942.4 17,055.4 61,780.2 49,805.2 68,274.4 i) Crop Husbandry 375.0 600.0 600.0 600.0 1,207.4 4,982.8 7,340.5 11,222.0 ii) Soil and Water Conservation – – – – 658.4 1,500.0 1,090.7 700.0 iii) Animal Husbandry 111.4 200.0 200.0 200.0 1,002.8 2,312.2 3,648.6 2,593.5 iv) Dairy Development – – – – – – – – v) Fisheries 628.0 – – 5,256.0 648.8 6,642.0 6,319.8 2,796.8 vi) Forestry and Wild Life 4,712.8 24,736.4 24,736.4 24,736.4 9,825.1 40,340.0 25,323.0 40,946.0 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing – – – – 260.0 196.6 351.1 2,401.0 ix) Agricultural Research and Education 2,634.4 3,150.0 3,150.0 3,150.0 22.0 29.5 27.0 355.0 x) Co-operation – – – – 526.5 657.5 536.8 791.8 xi) Others@ – – – – 2,904.3 5,119.6 5,167.7 6,468.3

2. Rural Development 2,50,780.1 3,38,952.3 3,38,952.3 3,85,952.3 5,044.9 5,861.2 7,976.8 6,226.1

3. Special Area Programmes – – – – 2.7 3,011.0 992.9 552.1

of which: Hill Areas – – – – – – – –

4. Irrigation and Flood Control 27,06,503.9 11,59,728.6 11,59,731.6 12,65,222.0 9,843.0 13,920.0 17,899.0 24,095.0

5. Energy – – – – 26,419.8 58,485.0 39,000.0 55,100.0

6. Industry and Minerals (i to iv) 14,739.4 26,258.0 26,258.0 37,098.0 7,976.8 11,224.0 13,944.6 28,124.0 i) Village and Small Industries – – – – 7,959.8 10,044.0 12,904.6 24,660.0 ii) Iron and Steel Industries – – – – – – – – iii) Non-Ferrous Mining and – – – – – – – – Metallurgical Industries iv) Others# 14,739.4 26,258.0 26,258.0 37,098.0 17.0 1,180.0 1,040.0 3,464.0 296Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item TELANGANA TRIPURA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 1,49,067.7 3,13,147.2 3,13,147.2 3,43,147.2 76,985.6 1,24,061.0 2,05,879.6 1,77,011.0 i) Roads and Bridges 94,773.9 3,13,147.2 3,13,147.2 3,43,147.2 74,943.4 1,21,601.0 1,99,837.6 1,75,301.0 ii) Others** 54,293.8 – – – 2,042.3 2,460.0 6,042.1 1,710.0

8. Communications – – – – – – – –

9. Science, Technology and Environment – – – – – 220.0 120.0 –

10. General Economic Services (i + ii) 2,64,150.0 3,45,300.0 3,45,300.0 3,45,800.0 8,098.5 19,019.2 21,657.9 17,159.0 i) Tourism – – – 500.0 1,765.4 14,801.0 11,231.0 9,951.0 ii) Others@@ 2,64,150.0 3,45,300.0 3,45,300.0 3,45,300.0 6,333.1 4,218.2 10,426.9 7,208.0

2. Non-Development (General Services) 86,469.5 2,11,111.6 2,05,504.7 1,88,952.2 26,337.8 85,290.0 1,14,510.7 1,07,795.6 II. Discharge of Internal Debt (1 to 8) 1,09,29,196.8 16,70,370.2 16,70,370.2 19,68,685.7 87,156.2 54,748.0 52,748.0 1,00,137.0

1. Market Loans 9,34,117.5 13,11,760.0 13,11,760.0 15,84,820.0 55,000.0 15,000.0 15,000.0 57,500.0

2. Loans from LIC 583.1 1,046.0 1,046.0 305.3 327.4 75.0 75.0 –

3. Loans from National Bank for Agriculture and 98,903.5 1,05,620.8 1,05,620.8 1,07,281.3 19,257.6 27,000.0 27,000.0 29,964.0 Rural Development

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative 734.5 650.0 650.0 – 673.0 673.0 673.0 673.0 Development Corporation

6. WMA from RBI 97,09,786.5 10,000.0 10,000.0 10,000.0 – – – –

7. Special Securities issued to NSSF 82,730.3 1,38,891.8 1,38,891.8 1,64,325.8 11,898.3 12,000.0 10,000.0 12,000.0

8. Others (including 106) 1,02,341.4 1,02,401.6 1,02,401.6 1,01,953.3 – – – – III. Repayment of Loans to the Centre (1 to 6) 32,470.3 39,766.5 39,766.5 44,085.4 3,271.2 1,943.9 1,834.9 1,036.9

1. State Plan Schemes 32,262.9 39,766.5 39,766.5 43,893.7 3,009.7 1,651.0 1,452.0 615.0

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – 99.9 99.9 99.9 99.9

4. Non-Plan Loans 207.3 – – 191.7 39.1 39.0 39.0 36.0

5. Loans for Special Schemes – – – – 40.8 32.0 31.0 11.0

6. Other Loans for States/Union Territories with – – – – 81.7 122.0 213.0 275.0 legislature schemes IV. Loans and Advances by State Governments 6,86,077.0 19,62,631.6 19,62,631.6 21,35,055.3 10,025.0 223.0 1,023.0 428.0 (1+2)

1. Development Purposes (a + b) 6,81,707.2 19,47,891.6 19,47,891.6 21,20,315.3 10,025.0 223.0 398.0 228.0 a) Social Services (1 to 7) 2,52,532.4 7,80,602.4 7,80,602.4 8,57,615.9 25.0 200.0 375.0 200.0

1. Education, Sports, Art and Culture – – – – – – – –

2. Medical and Public Health – – – – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation 98,649.4 4,84,951.3 4,84,951.3 5,58,500.0 – – – –

5. Housing 1,47,654.2 1,55,351.2 1,55,351.2 1,58,815.9 – – – –

6. Government Servants (Housing) 6,228.8 20,300.0 20,300.0 20,300.0 25.0 200.0 375.0 200.0

7. Others – 1,20,000.0 1,20,000.0 1,20,000.0 – – – – 297State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item TELANGANA TRIPURA 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) 4,29,174.8 11,67,289.2 11,67,289.2 12,62,699.5 10,000.0 23.0 23.0 28.0

1. Crop Husbandry 13,851.3 – – – – – – –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing – – – – – – – –

4. Co-operation – – – – – 23.0 23.0 28.0

5. Major and Medium Irrigation, etc. 2,20,015.3 9,87,701.0 9,87,701.0 9,87,701.0

6. Power Projects 20,067.3 14,463.0 14,463.0 1,59,068.0 10,000.0 – – –

7. Village and Small Industries – – – – – – – –

8. Other Industries and Minerals – – – – – – – –

9. Rural Development – – – – – – – –

10. Others 1,75,240.8 1,65,125.2 1,65,125.2 1,15,930.5 – – – –

2. Non-Development Purposes (a + b) 4,369.8 14,740.0 14,740.0 14,740.0 – – 625.0 200.0 a) Government Servants (other than Housing) 4,369.8 14,740.0 14,740.0 14,740.0 – – 625.0 200.0 b) Miscellaneous – – – – – – – – V. Inter-StateSettlement 1,409.3 – – – – – – – VI. Contingency Fund 70.4 – – – – – – – VII. State Provident Funds, etc. (1 + 2) 1,56,837.1 2,22,625.2 2,22,625.2 1,88,204.8 1,58,711.1 1,56,600.0 1,46,400.0 1,49,850.0

1. State Provident Funds 1,20,837.2 1,58,382.9 1,58,382.9 1,45,004.9 1,55,630.1 1,53,600.0 1,43,400.0 1,46,750.0

2. Others 35,999.9 64,242.3 64,242.3 43,199.9 3,081.0 3,000.0 3,000.0 3,100.0 VIII. Reserve Funds (1 to 4) 1,76,130.0 3,58,147.4 3,58,147.4 2,11,356.1 55,247.3 58,900.0 42,472.5 61,548.0

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds 1,15,890.8 83,783.5 83,783.5 1,39,069.0 17,202.6 10,000.0 10,171.5 10,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 60,239.2 2,74,363.9 2,74,363.9 72,287.1 38,044.7 48,900.0 32,301.1 51,548.0 IX. Deposits and Advances (1 to 4) 70,50,470.5 87,00,296.0 87,00,296.0 88,09,218.7 50,182.1 39,500.0 50,700.0 57,273.7

1. Civil Deposits 44,22,239.4 51,51,041.2 51,51,041.2 56,55,243.7 41,435.3 32,000.0 38,000.0 31,390.0

2. Deposits of Local Funds 13,69,204.7 16,68,173.8 16,68,173.8 16,43,045.7 – – – –

3. Civil Advances – – – – – – – –

4. Others 12,59,026.5 18,81,080.9 18,81,080.9 15,10,929.3 8,746.9 7,500.0 12,700.0 25,883.7 X. Suspense and Miscellaneous (1 to 4) 6,94,077.5 – – – 40,03,749.1 8,471.0 167.0 180.0

1. Suspense 2,47,681.7 – – – -521.6 8,471.0 167.0 180.0

2. Cash Balance Investment Accounts 4,43,672.1 – – – 40,04,269.5 – – –

3. Deposits with RBI – – – – – – – –

4. Others 2,723.7 – – – 1.1 – – – XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances 9,655.0 – – – -0.6 34.0 35.0 36.0 A. Surplus (+)/Deficit (-) on Revenue Account 77,927.2 29,741.6 5,88,870.9 2,73,833.4 2,19,597.7 1,78,667.0 1,94,499.3 1,89,597.2 B. Surplus (+)/Deficit(-) on Capital Account -4,09,854.5 -54,170.2 -5,21,453.3 -3,23,678.6 -1,98,447.0 -2,94,736.0 -2,69,499.3 -2,87,553.2 C. Overall Surplus (+)/Deficit (-) (A+B) -3,31,927.3 -24,428.6 67,417.6 -49,845.2 21,150.6 -1,16,069.0 -75,000.0 -97,956.0 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) -3,31,927.3 -24,428.7 67,417.6 -49,845.2 21,150.6 -1,16,069.0 -75,000.0 -97,956.0 i. Increase (+)/Decrease (-) in Cash Balances -3,624.6 -24,428.7 67,417.6 -49,845.2 -343.0 -1,16,069.0 -75,000.0 -97,956.0 a) Opening Balance 3,479.1 -4,88,656.5 -145.5 67,272.1 -7.3 -65,007.3 -350.2 -75,350.2 b) Closing Balance -145.5 -5,13,085.1 67,272.1 17,426.9 -350.2 -1,81,076.3 -75,350.2 -1,73,306.2 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) -2,28,340.7 – – – 21,493.6 – – – iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) -99,962.0 – – – – – – – 298Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item UTTARAKHAND UTTARPRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 1,13,56,393.1 44,62,262.4 41,50,531.1 52,77,900.7 30,14,53,363.1 6,72,91,475.3 6,58,34,836.4 7,20,95,392.1 TOTAL CAPITAL DISBURSEMENTS 15,21,597.8 18,41,429.6 16,53,884.5 21,72,067.8 1,39,95,899.1 1,93,78,238.4 1,86,98,839.7 2,15,56,148.3 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 10,98,179.7 13,77,966.5 11,76,820.7 14,76,312.8 1,10,55,538.9 1,54,74,747.4 1,47,71,850.6 1,65,24,291.0

1. Development (a+b) 8,62,211.2 10,57,450.4 9,76,165.6 11,95,632.8 1,03,72,233.0 1,41,27,535.7 1,35,57,526.1 1,53,59,391.6

(a) Social Services (1 to 9) 3,49,637.6 3,10,213.7 3,15,311.1 4,77,543.7 39,44,729.3 57,16,249.6 49,67,617.5 60,87,668.2

1. Education, Sports, Art and Culture 52,363.7 72,622.5 77,950.3 87,093.0 4,02,789.2 8,16,516.5 7,24,189.7 8,73,550.1

2. Medical and Public Health 80,770.5 14,549.3 19,125.4 19,751.7 3,35,118.1 7,07,842.6 6,25,002.4 8,93,626.7

3. Family Welfare – 0.0 0.0 0.0 1,01,932.6 1,47,411.0 1,31,982.4 2,37,354.6

4. Water Supply and Sanitation 91,845.9 44,196.8 44,154.8 2,04,230.1 18,81,581.2 23,45,010.0 19,44,508.2 23,68,005.0

5. Housing 26,384.9 48,400.1 47,800.1 36,900.0 5,73,779.6 6,87,074.0 6,09,569.8 7,05,092.2

6. Urban Development 71,794.5 61,290.0 67,390.0 85,595.4 4,46,397.4 5,72,003.1 5,54,308.5 6,11,276.0

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 9,505.4 19,036.2 18,509.6 28,365.2 25,573.5 91,983.4 76,257.1 1,03,613.7

8. Social Security and Welfare 16,772.7 9,868.8 10,130.8 5,598.2 60,543.1 1,81,291.9 1,56,463.3 1,55,755.3

9. Others* 200.0 40,250.0 30,250.0 10,010.0 1,17,014.7 1,67,117.0 1,45,336.1 1,39,394.6

(b) Economic Services (1 to 10) 5,12,573.7 7,47,236.8 6,60,854.5 7,18,089.1 64,27,503.7 84,11,286.1 85,89,908.6 92,71,723.4

1. Agriculture and Allied Activities (i to xi) 89,470.2 1,13,963.0 1,14,143.7 1,22,532.5 5,38,613.6 3,76,919.0 3,46,635.5 4,41,202.5 i) Crop Husbandry 13,446.7 24,850.0 24,850.0 37,789.0 24,828.6 24,969.5 21,498.0 62,988.9 ii) Soil and Water Conservation – – – – 886.3 160.0 160.0 225.0 iii) Animal Husbandry 3,944.5 6,500.0 7,100.0 3,700.0 24,211.8 32,847.2 27,222.1 33,324.7 iv) Dairy Development 200.0 4,100.0 4,250.0 3,650.0 – 450.0 369.0 300.0 v) Fisheries 2,669.9 4,350.0 4,280.6 4,423.5 549.7 27,800.0 22,805.0 27,800.0 vi) Forestry and Wild Life 6,315.4 12,863.0 12,363.0 9,670.0 90,525.8 1,08,220.9 96,535.9 1,30,905.0 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing 62,893.6 61,300.0 61,300.0 61,300.0 3,73,222.4 1,40,822.3 1,40,822.3 1,50,218.0 ix) Agricultural Research and Education – – – – 8,526.2 24,324.0 19,988.0 29,691.4 x) Co-operation – 0.0 0.0 2,000.0 15,854.2 16,815.9 16,815.9 5,240.1 xi) Others@ – – – – 8.7 509.4 419.5 509.4

2. Rural Development 1,25,735.9 1,58,872.6 1,55,658.7 1,64,374.2 6,24,932.9 8,59,526.0 9,00,614.7 9,42,636.0

3. Special Area Programmes – – – – 1,05,554.3 1,17,928.0 98,610.9 1,30,516.0

of which: Hill Areas – – – – – – – –

4. Irrigation and Flood Control 64,793.4 1,55,320.0 1,19,820.0 1,24,184.3 4,52,050.0 9,64,329.2 8,10,685.5 9,55,737.9

5. Energy 63,541.8 1,21,941.0 86,600.0 1,30,698.0 15,98,662.6 19,64,974.4 22,61,745.6 22,10,835.5

6. Industry and Minerals (i to iv) 5,046.0 5,060.0 5,060.0 6,164.0 1,42,812.5 2,47,315.3 2,10,697.0 1,60,445.5 i) Village and Small Industries 1,000.0 1,760.0 1,760.0 0.0 9,199.5 79,504.3 71,703.6 75,877.5 ii) Iron and Steel Industries – – – – – – – – iii) Non-Ferrous Mining and – – – – – 260.0 315.0 518.0 Metallurgical Industries iv) Others# 4,046.0 3,300.0 3,300.0 6,164.0 1,33,613.0 1,67,551.0 1,38,678.4 84,050.0 299State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item UTTARAKHAND UTTARPRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 1,50,407.5 1,71,155.1 1,56,647.1 1,42,961.1 28,21,621.3 36,88,714.7 37,75,767.2 42,03,127.8 i) Roads and Bridges 1,33,727.6 1,43,820.0 1,38,820.0 1,30,820.0 25,99,474.4 33,63,981.7 33,56,434.2 38,34,263.8 ii) Others** 16,679.8 27,335.1 17,827.1 12,141.1 2,22,146.9 3,24,733.0 4,19,333.0 3,68,864.0

8. Communications – – – – – – – –

9. Science, Technology and Environment – – – – 2,486.0 8,475.0 8,475.0 35,401.0

10. General Economic Services (i + ii) 13,579.1 20,925.0 22,925.0 27,175.0 1,40,770.6 1,83,104.5 1,76,677.2 1,91,821.2 i) Tourism 13,579.1 20,925.0 22,925.0 27,175.0 1,40,707.7 1,68,007.0 1,61,579.7 1,79,128.0 ii) Others@@ – – – – 62.9 15,097.5 15,097.5 12,693.2

2. Non-Development (General Services) 2,35,968.5 3,20,516.1 2,00,655.1 2,80,680.0 6,83,305.8 13,47,211.8 12,14,324.5 11,64,899.4 II. Discharge of Internal Debt (1 to 8) 22,96,163.1 19,05,032.0 19,05,032.0 25,91,022.0 19,59,760.3 39,12,841.6 29,12,841.6 50,84,073.8

1. Market Loans 2,50,000.0 2,40,010.0 2,40,010.0 4,90,000.0 8,00,000.0 17,50,000.0 17,50,000.0 30,00,000.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for Agriculture and 76,096.7 85,000.0 85,000.0 75,000.0 2,03,493.9 2,05,742.4 2,05,742.4 2,30,161.2 Rural Development

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative – 5,000.0 5,000.0 6,000.0 3,475.8 4,300.0 4,300.0 2,850.0 Development Corporation

6. WMA from RBI 18,91,964.8 15,00,000.0 15,00,000.0 19,50,000.0 – 10,00,000.0 – 10,00,000.0

7. Special Securities issued to NSSF 78,101.7 75,000.0 75,000.0 70,000.0 5,12,207.4 5,12,207.4 5,12,207.4 4,10,484.4

8. Others (including 106) – 22.0 22.0 22.0 4,40,583.2 4,40,591.8 4,40,591.8 4,40,578.3 III. Repayment of Loans to the Centre (1 to 6) 6,810.4 8,621.0 8,553.7 9,543.7 1,79,103.0 67,775.2 74,866.3 56,241.8

1. State Plan Schemes 5,136.0 7,500.0 7,500.0 7,500.0 – – – –

2. Central Plan Schemes – 1.0 1.0 1.0 – – – –

3. Centrally Sponsored Schemes – 10.0 10.0 0.0 – – – –

4. Non-Plan Loans 42.7 110.0 42.7 42.7 – – – –

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 1,631.7 1,000.0 1,000.0 2,000.0 1,79,103.0 67,775.2 74,866.3 56,241.8 legislature schemes IV. Loans and Advances by State Governments 12,409.4 49,810.0 63,478.0 45,189.3 8,01,497.0 9,22,874.2 9,39,281.2 8,91,541.8 (1+2)

1. Development Purposes (a + b) 12,386.9 49,700.0 63,258.0 45,079.3 8,01,346.5 9,12,752.2 9,25,905.2 8,81,497.8 a) Social Services (1 to 7) 100.0 200.0 3,983.0 110.0 1,10,290.3 1,27,601.9 1,36,754.9 1,23,329.5

1. Education, Sports, Art and Culture – – – – – – – –

2. Medical and Public Health – – – – – – 75.0 –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation – – – – 22,309.4 30,000.0 39,000.0 50,000.0

5. Housing – – 3,583.0 – – – – –

6. Government Servants (Housing) 100.0 200.0 400.0 110.0 5,174.5 6,022.0 6,100.0 7,200.0

7. Others – – – – 82,806.5 91,579.9 91,579.9 66,129.5 300Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item UTTARAKHAND UTTARPRADESH 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) 12,286.9 49,500.0 59,275.0 44,969.3 6,91,056.2 7,85,150.3 7,89,150.3 7,58,168.3

1. Crop Husbandry – 24,500.0 20,000.0 17,500.0 – – – –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing – – – – – – – –

4. Co-operation 800.0 10,000.0 10,575.0 500.0 – 1.0 1.0 0.1

5. Major and Medium Irrigation, etc. – – – –

6. Power Projects 11,200.0 14,000.0 26,200.0 26,969.3 – 80,549.0 80,549.0 89,126.0

7. Village and Small Industries – – – – – – – –

8. Other Industries and Minerals – – – – 23,890.3 25,556.0 29,556.0 25,500.0

9. Rural Development – – – – – – – –

10. Others 286.9 1,000.0 2,500.0 0.0 6,67,165.9 6,79,044.3 6,79,044.3 6,43,542.2

2. Non-Development Purposes (a + b) 22.5 110.0 220.0 110.0 150.5 10,122.0 13,376.0 10,044.0 a) Government Servants (other than Housing) – – – – 14.6 22.0 44.0 44.0 b) Miscellaneous 22.5 110.0 220.0 110.0 135.8 10,100.0 13,332.0 10,000.0 V. Inter-StateSettlement – – – – – – – – VI. Contingency Fund 30,880.8 30,000.0 11,500.0 25,000.0 39,832.2 10,000.0 10,000.0 10,000.0 VII. State Provident Funds, etc. (1 + 2) 1,74,183.3 1,24,051.7 1,27,300.4 1,44,051.7 11,28,487.5 14,81,275.0 14,81,275.0 15,24,395.0

1. State Provident Funds 1,69,285.3 1,19,965.8 1,25,000.0 1,39,965.8 11,00,576.0 14,14,765.0 14,14,765.0 14,52,885.0

2. Others 4,898.0 4,085.9 2,300.4 4,085.9 27,911.5 66,510.0 66,510.0 71,510.0 VIII. Reserve Funds (1 to 4) 76,598.6 1,65,100.9 1,51,219.0 1,65,100.9 8,83,288.0 12,28,079.0 14,50,525.8 23,46,440.9

1. Depreciation/Renewal Reserve Funds – – – – – 4,000.0 4,000.0 –

2. Sinking Funds 10,000.0 22,300.0 30,000.0 22,300.0 1,50,000.0 2,50,000.0 4,50,000.0 13,00,000.0

3. Famine Relief Fund – – – – – – – –

4. Others 66,598.6 1,42,800.9 1,21,219.0 1,42,800.9 7,33,288.0 9,74,079.0 9,96,525.8 10,46,440.9 IX. Deposits and Advances (1 to 4) 5,63,005.6 4,56,281.8 2,83,695.1 4,76,281.8 38,11,397.6 28,32,400.1 28,32,400.1 32,92,025.1

1. Civil Deposits 2,04,624.8 2,44,992.2 2,10,321.3 2,44,992.2 21,77,854.7 11,99,100.1 11,99,100.1 15,49,100.1

2. Deposits of Local Funds 2,03,413.5 64,899.9 58,268.8 84,899.9 2,50,188.4 3,11,200.0 3,11,200.0 3,27,225.0

3. Civil Advances – 16,909.6 13,105.0 16,909.6 12,252.6 – – –

4. Others 1,54,967.4 1,29,480.0 2,000.0 1,29,480.0 13,71,101.9 13,22,100.0 13,22,100.0 14,15,700.0 X. Suspense and Miscellaneous (1 to 4) 70,97,687.9 2,90,259.8 1,23,439.3 2,90,259.8 27,91,72,079.5 4,08,61,482.8 4,08,61,795.8 4,18,66,382.8

1. Suspense 1,63,352.3 30,996.0 23,439.3 30,996.0 -14,085.0 1,38,740.0 1,38,740.0 1,38,740.0

2. Cash Balance Investment Accounts 14,56,395.2 1,48,000.0 – 1,48,000.0 7,45,02,638.6 2,90,00,000.0 2,90,00,000.0 3,00,00,000.0

3. Deposits with RBI – – – – 15,49,47,307.7 – – –

4. Others 54,77,940.4 1,11,263.8 1,00,000.0 1,11,263.8 4,97,36,218.2 1,17,22,742.8 1,17,23,055.8 1,17,27,642.8 XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances 474.4 55,138.8 2,99,493.0 55,138.8 24,22,379.3 5,00,000.0 5,00,000.0 5,00,000.0 A. Surplus (+)/Deficit (-) on Revenue Account 3,34,105.5 4,73,712.9 2,85,235.8 2,58,587.7 36,01,330.2 74,14,707.3 59,00,813.1 79,51,635.6 B. Surplus (+)/Deficit(-) on Capital Account -4,57,200.7 -4,28,981.7 -2,67,956.1 -2,09,619.9 -12,03,726.5 -83,74,846.2 -76,95,697.3 -1,05,50,976.1 C. Overall Surplus (+)/Deficit (-) (A+B) -1,23,095.2 44,731.2 17,279.7 48,967.8 23,97,603.7 -9,60,138.9 -17,94,884.2 -25,99,340.5 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) -1,23,095.2 44,731.2 17,279.7 48,967.8 23,97,603.7 -9,60,138.9 -17,94,884.2 -25,99,340.5 i. Increase (+)/Decrease (-) in Cash Balances 2,947.8 6,731.2 17,279.7 10,967.8 177.3 -9,60,138.9 -17,94,884.2 -19,99,340.5 a) Opening Balance -13,182.0 616.0 -10,234.2 7,045.5 10,277.3 38,18,966.0 10,454.6 -17,84,429.6 b) Closing Balance -10,234.2 7,347.2 7,045.5 18,013.3 10,454.6 28,58,827.1 -17,84,429.6 -37,83,770.1 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) -65,337.0 38,000.0 – 38,000.0 23,97,426.3 – – -6,00,000.0 iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) -60,706.0 – – – – – – – 301State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item WESTBENGAL 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 12,18,68,791.6 12,89,10,178.6 13,21,60,119.9 13,71,90,594.9 TOTAL CAPITAL DISBURSEMENTS 60,10,863.4 67,91,326.3 60,99,210.4 72,81,872.3 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 28,96,309.4 35,86,554.8 29,14,726.6 39,33,774.5

1. Development (a+b) 28,38,655.7 34,29,490.7 28,14,312.0 37,89,659.7

(a) Social Services (1 to 9) 10,31,901.4 13,81,346.3 11,71,843.5 19,72,472.0

1. Education, Sports, Art and Culture 51,176.5 1,22,757.3 67,031.5 1,16,042.8

2. Medical and Public Health 1,34,595.6 2,86,883.1 2,69,321.6 2,69,979.2

3. Family Welfare – – – –

4. Water Supply and Sanitation 6,31,608.4 3,13,700.0 4,53,517.4 10,29,357.6

5. Housing 18,340.2 28,926.4 18,423.1 25,477.5

6. Urban Development 1,31,927.4 3,76,206.3 2,37,040.4 2,96,240.4

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 46,123.5 2,06,778.3 88,687.8 1,89,205.4

8. Social Security and Welfare 14,038.0 27,787.0 28,577.4 26,452.0

9. Others* 4,091.8 18,308.0 9,244.3 19,717.2

(b) Economic Services (1 to 10) 18,06,754.4 20,48,144.4 16,42,468.5 18,17,187.8

1. Agriculture and Allied Activities (i to xi) 60,787.0 1,08,855.9 88,432.0 1,05,343.7 i) Crop Husbandry 7,310.2 24,094.0 8,109.6 5,862.6 ii) Soil and Water Conservation 7.8 16.5 16.5 16.6 iii) Animal Husbandry 26,639.8 15,440.0 22,091.0 15,205.0 iv) Dairy Development 5,286.1 4,250.0 7,471.4 4,345.0 v) Fisheries 3,363.1 8,350.0 4,585.3 8,530.0 vi) Forestry and Wild Life 8,524.5 11,436.0 7,265.6 10,399.9 vii) Plantations – – – – viii) Food Storage and Warehousing 1,313.5 11,567.5 6,321.1 10,167.5 ix) Agricultural Research and Education 592.3 1,880.0 1,200.0 1,916.0 x) Co-operation 4,387.5 1,721.9 1,125.7 1,927.8 xi) Others@ 3,362.4 30,100.0 30,245.9 46,973.4

2. Rural Development 4,96,546.3 3,31,764.1 3,50,591.9 65,875.5

3. Special Area Programmes 89,522.0 2,23,201.7 1,33,358.6 2,08,717.0

of which: Hill Areas – – – –

4. Irrigation and Flood Control 2,64,982.7 3,98,722.0 2,37,988.9 3,69,221.9

5. Energy 2,22,181.2 2,03,500.0 2,07,432.0 2,16,338.0

6. Industry and Minerals (i to iv) 45,304.5 1,66,152.5 1,00,445.6 1,58,084.1 i) Village and Small Industries 22,898.1 57,699.3 29,984.5 49,551.4 ii) Iron and Steel Industries – – – – iii) Non-Ferrous Mining and – 0.1 0.1 0.1 Metallurgical Industries iv) Others# 22,406.4 1,08,453.1 70,461.0 1,08,532.6 302Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item WESTBENGAL 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5

7. Transport (i + ii) 6,19,068.0 5,85,043.4 5,03,503.0 6,61,156.6 i) Roads and Bridges 5,88,234.1 5,10,787.0 4,55,955.1 5,86,382.0 ii) Others** 30,833.9 74,256.4 47,547.9 74,774.6

8. Communications – – – –

9. Science, Technology and Environment – – – –

10. General Economic Services (i + ii) 8,362.6 30,905.0 20,716.6 32,451.0 i) Tourism 4,386.0 20,505.0 12,056.6 20,800.0 ii) Others@@ 3,976.6 10,400.0 8,660.0 11,651.0

2. Non-Development (General Services) 57,653.7 1,57,064.0 1,00,414.6 1,44,114.8 II. Discharge of Internal Debt (1 to 8) 28,61,469.3 59,77,478.5 59,41,393.4 46,11,257.2

1. Market Loans 21,00,000.0 21,90,000.0 21,90,000.0 24,00,000.0

2. Loans from LIC – – – –

3. Loans from National Bank for Agriculture and – – – – Rural Development

4. Loans from SBI and other Banks – – – –

5. Loans from National Co-operative 8,125.3 8,475.0 7,740.0 7,795.0 Development Corporation

6. WMA from RBI – 30,00,000.0 30,00,000.0 15,00,000.0

7. Special Securities issued to NSSF 6,33,999.5 6,33,999.5 6,33,999.5 5,36,077.9

8. Others (including 106) 1,19,344.5 1,45,004.0 1,09,654.0 1,67,384.3 III. Repayment of Loans to the Centre (1 to 6) 1,73,671.7 1,65,262.9 1,59,951.1 1,61,951.1

1. State Plan Schemes 42,848.8 23,764.2 23,764.2 23,764.2

2. Central Plan Schemes – – – –

3. Centrally Sponsored Schemes – – – –

4. Non-Plan Loans 43,462.6 43,498.7 43,186.9 43,186.9

5. Loans for Special Schemes – – – –

6. Other Loans for States/Union Territories with 87,360.3 98,000.0 93,000.0 95,000.0 legislature schemes IV. Loans and Advances by State Governments 79,413.0 62,030.2 83,139.3 74,889.5 (1+2)

1. Development Purposes (a + b) 79,403.2 62,005.2 83,118.3 74,867.5 a) Social Services (1 to 7) 18,670.3 15,300.0 49,530.0 25,213.0

1. Education, Sports, Art and Culture – – – –

2. Medical and Public Health 15.0 40.0 20.0 23.0

3. Family Welfare – – – –

4. Water Supply and Sanitation – – – –

5. Housing – – – –

6. Government Servants (Housing) 76.0 550.0 550.2 550.0

7. Others 18,579.3 14,710.0 48,959.9 24,640.0 303State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item WESTBENGAL 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5 b) Economic Services (1 to 10) 60,732.9 46,705.2 33,588.3 49,654.5

1. Crop Husbandry 1.0 0.6 1.1

2. Soil and Water Conservation – – – –

3. Food Storage and Warehousing – – – –

4. Co-operation – 30.0 18.0 20.0

5. Major and Medium Irrigation, etc. – – – –

6. Power Projects 30,000.0 100.0 2,560.0 200.0

7. Village and Small Industries 1.3 12.3 5.0 5.0

8. Other Industries and Minerals – 0.0 0.0 0.0

9. Rural Development – – – –

10. Others 30,731.7 46,561.9 31,004.7 49,428.4

2. Non-Development Purposes (a + b) 9.8 25.0 21.0 22.0 a) Government Servants (other than Housing) 9.8 25.0 21.0 22.0 b) Miscellaneous – – – – V. Inter-StateSettlement – – – – VI. Contingency Fund 4,194.5 – 2,594.3 – VII. State Provident Funds, etc. (1 + 2) 3,93,899.4 4,16,067.1 3,52,560.0 3,87,750.5

1. State Provident Funds 3,89,449.8 4,11,392.1 3,48,050.0 3,83,175.0

2. Others 4,449.6 4,675.0 4,510.0 4,575.5 VIII. Reserve Funds (1 to 4) 2,13,536.8 97,365.9 3,97,413.5 76,421.6

1. Depreciation/Renewal Reserve Funds – – – –

2. Sinking Funds 1,12,633.1 -2,09,200.0 1,55,000.0 -3,08,200.0

3. Famine Relief Fund – – – –

4. Others 1,00,903.8 3,06,565.9 2,42,413.5 3,84,621.6 IX. Deposits and Advances (1 to 4) 1,14,16,367.8 1,26,96,383.4 1,19,09,870.8 1,22,77,172.3

1. Civil Deposits 7,30,426.6 8,68,516.9 8,16,797.3 8,78,789.2

2. Deposits of Local Funds 27,24,366.5 29,59,948.5 21,43,859.5 22,28,468.5

3. Civil Advances – – – –

4. Others 79,61,574.7 88,67,918.0 89,49,214.0 91,69,914.6 X. Suspense and Miscellaneous (1 to 4) 10,38,29,990.3 10,59,07,797.9 11,03,98,139.9 11,56,67,066.6

1. Suspense 34,576.8 1,09,403.6 1,09,403.6 67,710.0

2. Cash Balance Investment Accounts 2,87,70,427.7 2,82,50,375.0 2,90,15,676.0 3,09,09,796.0

3. Deposits with RBI 5,73,84,383.7 5,85,49,700.0 5,96,79,758.0 6,26,63,746.0

4. Others 1,76,40,602.1 1,89,98,319.4 2,15,93,302.3 2,20,25,814.7 XI. Appropriation to Contingency Fund – – – – XII. Remittances -60.6 1,238.0 331.1 311.6 A. Surplus (+)/Deficit (-) on Revenue Account -25,69,186.8 -31,95,166.8 -43,26,166.9 -35,31,494.9 B. Surplus (+)/Deficit(-) on Capital Account 30,39,669.6 26,14,966.6 42,86,788.1 27,27,578.2 C. Overall Surplus (+)/Deficit (-) (A+B) 4,70,482.7 -5,80,200.2 -39,378.8 -8,03,916.7 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) 4,70,482.7 -5,80,200.0 -39,378.8 -8,03,916.7 i. Increase (+)/Decrease (-) in Cash Balances 1,640.0 -200.0 25.2 -299.7 a) Opening Balance -1,376.7 -500.0 263.3 288.5 b) Closing Balance 263.3 -700.0 288.5 -11.2 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) 4,68,842.7 -5,80,000.0 -39,404.0 -8,03,617.0 iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) – – – – 304Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item DELHI PUDUCHERRY 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 15,48,837.9 15,08,924.7 14,79,426.2 28,11,548.5 2,23,249.5 39,90,597.3 40,03,625.1 40,83,855.6 TOTAL CAPITAL DISBURSEMENTS 15,48,837.9 15,08,924.7 14,79,426.2 28,11,548.5 1,39,598.1 1,73,019.7 1,66,233.5 1,97,528.0 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 6,85,540.9 5,91,940.7 4,85,678.2 17,22,414.5 43,915.4 77,640.9 71,861.1 97,571.7

1. Development (a+b) 6,38,607.2 5,32,250.2 4,43,020.1 15,67,023.3 39,011.1 66,205.8 63,678.6 83,934.5

(a) Social Services (1 to 9) 2,67,847.2 2,66,759.5 2,36,179.3 6,16,335.5 11,870.2 30,377.5 27,668.4 31,546.3

1. Education, Sports, Art and Culture 72,235.1 29,005.0 40,139.6 1,58,630.5 3,044.0 6,833.0 6,119.4 8,523.5

2. Medical and Public Health 87,505.3 67,175.5 73,514.3 3,45,179.0 3,343.8 13,174.7 11,569.1 9,378.9

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation – – – – 4,906.4 7,088.0 6,822.0 8,805.0

5. Housing 8,145.2 100.0 500.0 8,000.0 160.7 120.0 235.0 320.0

6. Urban Development 91,611.5 1,57,601.0 1,09,600.0 85,490.6 61.8 1,243.0 720.5 2,297.0

7. Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 3,804.7 6,850.0 4,653.0 6,600.0 24.8 1,072.1 1,242.1 622.6

8. Social Security and Welfare 2,655.0 1,198.5 5,386.0 4,610.0 136.8 475.1 490.0 1,033.2

9. Others* 1,890.4 4,829.5 2,386.5 7,825.5 191.9 371.6 470.3 566.2

(b) Economic Services (1 to 10) 3,70,760.0 2,65,490.7 2,06,840.8 9,50,687.8 27,140.9 35,828.3 36,010.2 52,388.2

1. Agriculture and Allied Activities (i to xi) 7,994.0 3,949.7 10,516.7 9,992.3 2,699.7 3,758.7 2,773.1 3,317.4 i) Crop Husbandry – – – – 43.4 933.1 286.9 1,026.5 ii) Soil and Water Conservation – – – – – – – – iii) Animal Husbandry 69.7 1,139.0 326.0 4,710.0 10.1 156.6 156.6 10.1 iv) Dairy Development – – – – – – – – v) Fisheries 22.6 25.0 25.0 25.0 2,623.3 2,158.3 1,812.3 1,745.0 vi) Forestry and Wild Life 7,873.1 2,569.0 9,949.0 5,060.0 15.1 253.9 262.8 346.5 vii) Plantations – – – – – – – – viii) Food Storage and Warehousing – – – – – – – – ix) Agricultural Research and Education – – – – – – – – x) Co-operation 28.6 216.7 216.7 197.3 7.8 256.8 254.4 97.3 xi) Others@ – – – – – – – 92.0

2. Rural Development 15,272.2 90,033.0 17,078.1 99,956.7 14.9 23.0 13.8 16.5

3. Special Area Programmes – – – – – – – –

of which: Hill Areas – – – – – – – –

4. Irrigation and Flood Control 8,305.2 8,505.0 10,300.0 31,300.0 1,494.3 3,963.4 4,485.0 10,819.0

5. Energy – 4,800.0 200.0 19,100.0 2,938.6 9,269.0 6,404.7 6,551.0

6. Industry and Minerals (i to iv) 17.9 357.0 66.0 66.0 10.0 72.5 46.2 2,509.3 i) Village and Small Industries 17.9 357.0 66.0 66.0 10.0 72.5 46.2 509.3 ii) Iron and Steel Industries – – – – – – – – iii) Non-Ferrous Mining and – – – – – – – – Metallurgical Industries iv) Others# – – – – – – – 2,000.0 305State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item DELHI PUDUCHERRY 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5

7. Transport (i + ii) 3,38,460.8 1,53,783.0 1,67,114.2 5,47,665.3 16,063.3 18,087.2 20,071.9 26,272.5 i) Roads and Bridges 1,93,613.9 1,21,600.0 1,04,741.2 3,05,350.0 14,926.4 16,936.6 18,412.2 20,794.2 ii) Others** 1,44,846.9 32,183.0 62,373.0 2,42,315.3 1,136.9 1,150.6 1,659.8 5,478.3

8. Communications – – – – – – – –

9. Science, Technology and Environment 69.3 134.0 117.7 180.0 35.5 277.3 157.5 1,221.6

10. General Economic Services (i + ii) 640.6 3,929.0 1,448.1 2,42,427.5 3,884.7 377.3 2,058.1 1,681.0 i) Tourism 38.3 1.0 100.0 25.0 3,859.8 262.5 1,990.0 1,318.0 ii) Others@@ 602.3 3,928.0 1,348.1 2,42,402.5 24.9 114.8 68.1 363.0

2. Non-Development (General Services) 46,933.7 59,690.5 42,658.1 1,55,391.2 4,904.3 11,435.1 8,182.4 13,637.2 II. Discharge of Internal Debt (1 to 8) – – – – 71,737.7 80,611.2 80,416.3 89,200.2

1. Market Loans – – – – 62,500.0 72,038.0 72,038.0 80,000.0

2. Loans from LIC – – – – – – – –

3. Loans from National Bank for Agriculture and – – – – 3,193.7 2,250.0 2,150.0 2,300.0 Rural Development

4. Loans from SBI and other Banks – – – – – – – –

5. Loans from National Co-operative – – – – – – – – Development Corporation

6. WMA from RBI – – – – – – – –

7. Special Securities issued to NSSF – – – – – – – –

8. Others (including 106) – – – – 6,044.0 6,323.2 6,228.3 6,900.2 III. Repayment of Loans to the Centre (1 to 6) 4,99,368.8 4,91,433.0 4,91,433.0 4,64,167.0 23,936.7 14,694.0 13,946.1 10,706.1

1. State Plan Schemes – – – – 10,829.6 2,266.0 2,266.0 334.0

2. Central Plan Schemes – – – – – – – –

3. Centrally Sponsored Schemes – – – – – – – –

4. Non-Plan Loans 2,76,450.6 2,68,514.0 2,68,514.0 2,41,248.0 13,107.1 12,214.0 11,680.0 10,372.0

5. Loans for Special Schemes – – – – – – – –

6. Other Loans for States/Union Territories with 2,22,918.2 2,22,919.0 2,22,919.0 2,22,919.0 – 214.0 0.1 0.1 legislature schemes IV. Loans and Advances by State Governments 3,63,928.2 4,25,551.0 5,02,315.0 6,24,967.0 8.3 73.7 10.0 50.0 (1+2)

1. Development Purposes (a + b) 2,43,919.7 3,35,521.0 2,62,285.0 3,64,837.0 – 25.0 – 25.0 a) Social Services (1 to 7) 1,64,469.7 2,95,400.0 1,12,175.0 1,58,383.0 – 25.0 – 25.0

1. Education, Sports, Art and Culture – – – – – – – –

2. Medical and Public Health – – – – – – – –

3. Family Welfare – – – – – – – –

4. Water Supply and Sanitation 1,64,444.2 2,95,300.0 1,12,075.0 1,58,283.0 – – – –

5. Housing – – – – – – – –

6. Government Servants (Housing) 25.5 100.0 100.0 100.0 – 25.0 – 25.0

7. Others – – – – – – – – 306Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item DELHI PUDUCHERRY 2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget (Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) Estimates) Estimates) Estimates) 1 2 3 4 5 2 3 4 5 b) Economic Services (1 to 10) 79,450.0 40,121.0 1,50,110.0 2,06,454.0 – – – –

1. Crop Husbandry – – – – – – – –

2. Soil and Water Conservation – – – – – – – –

3. Food Storage and Warehousing – – – – – – – –

4. Co-operation – – – – – – – –

5. Major and Medium Irrigation, etc. – – – – – – – –

6. Power Projects – – – – – – – –

7. Village and Small Industries – 120.0 10.0 95.0 – – – –

8. Other Industries and Minerals – – – – – – – –

9. Rural Development – – – – – – – –

10. Others 79,450.0 40,001.0 1,50,100.0 2,06,359.0 – – – –

2. Non-Development Purposes (a + b) 1,20,008.5 90,030.0 2,40,030.0 2,60,130.0 8.3 48.7 10.0 25.0 a) Government Servants (other than Housing) 8.5 30.0 30.0 30.0 8.3 48.7 10.0 25.0 b) Miscellaneous 1,20,000.0 90,000.0 2,40,000.0 2,60,100.0 – – – – V. Inter-StateSettlement – – – – – – – – VI. Contingency Fund – – – – – – – – VII. State Provident Funds, etc. (1 + 2) – – – – 23,362.2 30,500.0 32,500.0 34,500.0

1. State Provident Funds – – – – 23,064.6 30,000.0 32,000.0 34,000.0

2. Others – – – – 297.6 500.0 500.0 500.0 VIII. Reserve Funds (1 to 4) – – – – 7,415.2 5,000.0 5,000.0 5,000.0

1. Depreciation/Renewal Reserve Funds – – – – – – – –

2. Sinking Funds – – – – 7,415.2 5,000.0 5,000.0 5,000.0

3. Famine Relief Fund – – – – – – – –

4. Others – – – – – – – – IX. Deposits and Advances (1 to 4) – – – – 16,746.1 17,706.7 20,201.0 20,807.0

1. Civil Deposits – – – – 16,680.4 17,633.6 20,130.0 20,733.9

2. Deposits of Local Funds – – – – – 1.0 1.0 1.0

3. Civil Advances – – – – 65.8 72.1 70.0 72.1

4. Others – – – – – 0.0 – – X. Suspense and Miscellaneous (1 to 4) – – – – -1,847.1 37,23,170.8 37,79,690.7 38,26,020.6

1. Suspense – – – – -1,886.9 2,060.0 200.0 206.0

2. Cash Balance Investment Accounts – – – – – 24,51,067.6 24,55,969.7 24,65,793.6

3. Deposits with RBI – – – – – 12,70,000.0 13,23,500.0 13,60,000.0

4. Others – – – – 39.8 43.3 21.0 21.0 XI. Appropriation to Contingency Fund – – – – – – – – XII. Remittances – – – – 37,975.0 41,200.0 – – A. Surplus (+)/Deficit (-) on Revenue Account 6,46,229.8 3,23,118.7 8,31,371.9 9,66,131.5 -2,403.8 -33,616.3 -40,402.5 -12,614.0 B. Surplus (+)/Deficit(-) on Capital Account -15,39,012.9 -4,71,013.7 -10,77,171.9 -12,62,593.5 -9,081.2 43,112.9 46,640.7 17,904.2 C. Overall Surplus (+)/Deficit (-) (A+B) -8,92,783.2 -1,47,895.0 -2,45,800.0 -2,96,462.0 -11,484.9 9,496.6 6,238.1 5,290.2 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) -8,92,783.0 -1,47,895.0 -2,45,800.0 -2,96,462.0 -11,484.9 9,496.6 6,238.1 5,290.2 i. Increase (+)/Decrease (-) in Cash Balances -8,92,783.0 -1,47,895.0 -2,45,800.0 -2,96,462.0 -11,484.9 -9,627.6 -10,492.4 3,128.2 a) Opening Balance 14,35,045.0 1,47,895.0 5,42,262.0 2,96,462.0 2,03,683.5 1,19,670.0 1,11,747.5 1,01,255.1 b) Closing Balance 5,42,262.0 – 2,96,462.0 – 1,92,198.5 1,10,042.5 1,01,255.1 1,04,383.3 ii. Withdrawals from (–)/Additions to (+) Cash Balance Investment Account (net) – – – – – 19,124.2 16,730.5 2,162.0 iii. Increase (-)/Decrease (+) in Ways and Means Advances and Overdrafts from RBI (net) – – – – – – – – 307State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item ALL STATES AND UTS 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5 TOTAL CAPITAL DISBURSEMENTS (I to XII) 1,50,38,81,112.0 1,01,31,60,057.4 1,04,86,14,113.9 1,11,63,96,825.8 TOTAL CAPITAL DISBURSEMENTS 12,84,68,402.1 15,30,37,062.2 15,12,82,440.2 17,14,63,292.1 (Excluding Public Accounts)$ I. Total Capital Outlay (1+2) 7,47,30,579.1 9,17,64,301.6 9,06,71,350.8 10,56,07,074.1

1. Development (a+b) 7,04,17,143.7 8,53,57,826.5 8,48,05,446.5 9,81,38,143.6

(a) Social Services (1 to 9) 2,31,63,142.0 2,98,31,158.5 3,02,02,929.3 3,68,47,465.4

1. Education, Sports, Art and Culture 35,84,722.2 45,33,936.6 43,40,049.1 54,54,078.0

2. Medical and Public Health 32,01,475.6 43,55,255.1 46,65,056.0 55,68,607.5

3. Family Welfare 2,12,786.9 2,73,917.3 3,18,709.2 3,36,627.4

4. Water Supply and Sanitation 83,62,994.3 94,68,742.2 91,42,291.7 1,20,66,119.9

5. Housing 9,85,689.4 13,72,032.5 14,28,038.6 16,31,457.8

6. Urban Development 49,47,781.7 59,52,447.6 67,99,421.6 70,41,766.3

7. Welfare of Scheduled Castes, Scheduled – – – – Tribes and Other Backward Classes 11,85,968.4 24,95,916.2 21,57,600.4 32,15,065.7

8. Social Security and Welfare 3,11,057.1 6,60,995.2 7,30,769.4 7,87,174.4

9. Others* 3,70,666.4 7,17,915.8 6,20,993.4 7,46,568.5

(b) Economic Services (1 to 10) 4,72,54,001.6 5,55,26,668.0 5,46,02,517.1 6,12,90,678.2

1. Agriculture and Allied Activities (i to xi) 25,83,189.7 32,73,754.7 28,80,656.6 33,02,406.3 i) Crop Husbandry 1,49,635.0 4,64,968.7 3,54,044.0 4,62,343.6 ii) Soil and Water Conservation 3,68,931.5 4,35,421.3 3,80,884.7 4,72,733.2 iii) Animal Husbandry 1,25,906.0 1,78,920.1 1,93,968.7 2,07,186.8 iv) Dairy Development 38,431.2 93,103.4 86,648.8 81,724.6 v) Fisheries 1,50,405.1 2,22,153.3 2,28,873.0 2,67,404.7 vi) Forestry and Wild Life 6,27,007.4 9,50,971.8 7,79,508.2 9,37,638.2 vii) Plantations – 0.0 200.0 300.0 viii) Food Storage and Warehousing 7,74,252.0 5,33,797.5 4,69,687.1 4,65,370.1 ix) Agricultural Research and Education 29,648.3 72,588.1 67,148.9 84,097.7 x) Co-operation 2,62,758.0 2,42,703.6 2,23,992.9 2,24,507.5 xi) Others@ 56,215.3 79,127.1 95,700.6 99,100.1

2. Rural Development 46,62,404.6 61,33,854.2 53,63,398.8 58,90,777.4

3. Special Area Programmes 6,74,453.1 9,44,015.7 8,47,349.5 10,39,003.2

of which: Hill Areas 20,574.7 40,560.0 35,335.0 42,985.0

4. Irrigation and Flood Control 1,33,26,636.7 1,43,04,823.4 1,34,47,388.5 1,59,53,947.6

5. Energy 41,33,657.1 55,71,490.4 52,58,585.2 61,88,293.7

6. Industry and Minerals (i to iv) 10,08,097.8 13,89,935.0 13,18,637.2 12,70,454.8 i) Village and Small Industries 2,44,274.0 3,47,376.3 3,48,935.8 3,91,721.9 ii) Iron and Steel Industries 2,041.8 1,200.0 176.7 2,835.0 iii) Non-Ferrous Mining and 87,012.6 1,15,362.2 1,17,511.9 1,17,933.8 Metallurgical Industries iv) Others# 6,74,769.3 9,25,996.4 8,52,012.8 7,57,964.1 308Appendix IV

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Contd.) (₹ Lakh) Item ALL STATES AND UTS 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5

7. Transport (i + ii) 1,86,14,888.2 2,11,88,445.8 2,28,20,286.6 2,35,84,115.4 i) Roads and Bridges 1,71,23,140.8 1,95,35,541.4 2,10,26,379.1 2,13,97,870.8 ii) Others** 14,91,747.4 16,52,904.4 17,93,907.5 21,86,244.6

8. Communications 10,237.0 13,190.1 5,568.1 16,325.1

9. Science, Technology and Environment 77,929.7 1,56,931.9 1,28,487.1 1,53,782.2

10. General Economic Services (i + ii) 21,62,507.6 25,50,226.9 25,32,159.6 38,91,572.3 i) Tourism 4,63,686.6 7,50,016.4 7,77,046.2 9,41,670.5 ii) Others@@ 16,98,821.0 18,00,210.4 17,55,113.4 29,49,901.9

2. Non-Development (General Services) 43,13,435.4 64,06,475.1 58,65,904.3 74,68,930.6 II. Discharge of Internal Debt (1 to 8) 8,68,12,269.7 8,21,66,875.4 8,75,86,282.1 9,07,88,692.1

1. Market Loans 2,65,98,748.2 2,96,22,691.2 2,96,12,753.9 3,48,38,878.6

2. Loans from LIC 37,263.7 31,313.7 32,551.5 24,642.5

3. Loans from National Bank for Agriculture and 29,47,448.6 31,33,226.3 31,70,062.1 35,41,172.9 Rural Development

4. Loans from SBI and other Banks 1,56,303.8 1,68,962.6 1,69,573.0 1,89,348.0

5. Loans from National Co-operative 12,55,667.1 14,99,539.0 14,65,280.8 14,87,488.0 Development Corporation

6. WMA from RBI 4,16,42,677.1 3,21,97,503.2 3,85,30,537.4 3,63,25,103.1

7. Special Securities issued to NSSF 45,93,832.2 47,04,496.1 47,92,321.2 43,63,310.8

8. Others (including 106) 95,80,329.0 1,08,09,143.4 98,13,202.2 1,00,18,748.3 III. Repayment of Loans to the Centre (1 to 6) 27,48,321.1 28,74,410.1 29,17,540.4 28,77,780.7

1. State Plan Schemes 11,07,870.2 10,36,549.7 10,09,863.1 9,29,315.2

2. Central Plan Schemes 29.8 190.2 101.7 107.0

3. Centrally Sponsored Schemes 609.1 589.6 589.6 533.9

4. Non-Plan Loans 3,36,658.1 3,31,486.7 3,30,487.3 2,99,796.7

5. Loans for Special Schemes 101.6 94.8 74.4 27.6

6. Other Loans for States/Union Territories with 13,03,052.2 15,05,499.0 15,76,424.3 16,48,000.3 legislature schemes IV. Loans and Advances by State Governments 59,76,213.2 85,97,940.8 88,07,377.3 87,04,196.3 (1+2)

1. Development Purposes (a + b) 56,92,998.7 83,17,097.7 83,76,198.1 82,51,198.0 a) Social Services (1 to 7) 26,16,887.0 42,50,668.3 40,36,476.6 39,82,561.4

1. Education, Sports, Art and Culture 2,85,493.8 1,88,260.0 2,62,550.0 2,15,100.0

2. Medical and Public Health 1,60,935.3 1,57,738.0 1,51,215.0 1,23,723.0

3. Family Welfare – – – –

4. Water Supply and Sanitation 3,92,994.4 9,00,554.3 7,26,314.3 8,61,069.5

5. Housing 1,53,772.1 1,58,819.0 1,66,438.5 2,14,348.1

6. Government Servants (Housing) 1,50,713.9 1,94,812.0 2,03,804.2 2,20,236.8

7. Others 14,72,977.6 26,50,485.0 25,26,154.6 23,48,084.0 309State Finances : A Study of Budgets of 2025-26

Appendix IV : Capital Expenditure of States and Union Territories with Legislature (Concld.) (₹ Lakh) Item ALL STATES AND UTS 2023-24 2024-25 2024-25 2025-26

(Accounts) (Budget (Revised (Budget Estimates) Estimates) Estimates) 1 2 3 4 5 b) Economic Services (1 to 10) 30,76,111.7 40,66,429.4 43,39,721.5 42,68,636.5

1. Crop Husbandry 95,507.0 65,564.2 58,663.4 60,588.6

2. Soil and Water Conservation – – – –

3. Food Storage and Warehousing 44,412.6 49,567.1 34,911.9 70,694.1

4. Co-operation 1,00,038.2 37,643.7 4,17,497.1 16,147.8

5. Major and Medium Irrigation, etc. 2,21,515.3 9,87,701.0 9,87,701.0 9,87,701.0

6. Power Projects 8,49,219.2 10,98,966.2 10,39,845.6 10,35,137.3

7. Village and Small Industries 58,475.4 53,839.6 51,983.3 48,996.9

8. Other Industries and Minerals 56,323.4 91,876.1 77,842.3 1,11,400.1

9. Rural Development 939.5 700.0 601.0 800.0

10. Others 16,49,681.1 16,80,571.6 16,70,675.8 19,37,170.8

2. Non-Development Purposes (a + b) 2,83,214.5 2,80,843.1 4,31,179.2 4,52,998.4 a) Government Servants (other than Housing) 1,55,764.3 1,75,213.1 1,66,956.7 1,76,233.3 b) Miscellaneous 1,27,450.2 1,05,630.0 2,64,222.5 2,76,765.0 V. Inter-StateSettlement 1,432.3 745.8 158.5 211.2 VI. Contingency Fund 3,57,554.4 3,90,600.0 4,31,097.2 3,45,600.0 VII. State Provident Funds, etc. (1 + 2) 2,42,03,142.2 2,65,32,626.8 2,64,04,586.8 2,76,94,699.1

1. State Provident Funds 91,39,849.3 98,74,920.0 99,76,432.9 1,03,41,190.5

2. Others 1,50,63,292.9 1,66,57,706.8 1,64,28,153.8 1,73,53,508.6 VIII. Reserve Funds (1 to 4) 1,16,19,157.2 1,16,58,157.4 1,33,57,124.7 1,49,53,478.9

1. Depreciation/Renewal Reserve Funds 9,887.0 13,074.2 15,274.2 11,476.3

2. Sinking Funds 37,01,097.8 21,48,451.9 25,92,006.1 33,47,996.2

3. Famine Relief Fund – 1.0 1.0 1.0

4. Others 79,08,172.4 94,96,630.2 1,07,49,843.4 1,15,94,005.4 IX. Deposits and Advances (1 to 4) 11,93,94,673.2 11,95,71,305.9 12,34,13,646.4 13,11,36,779.6

1. Civil Deposits 4,60,98,830.9 4,26,89,421.8 4,37,34,335.6 4,67,17,546.0

2. Deposits of Local Funds 3,23,22,355.3 3,36,31,184.8 3,11,10,605.8 3,83,99,128.0

3. Civil Advances 7,04,067.8 4,11,884.9 3,97,169.6 4,72,886.4

4. Others 4,02,69,419.3 4,28,38,814.4 4,81,71,535.4 4,55,47,219.3 X. Suspense and Miscellaneous (1 to 4) 1,14,99,04,269.2 65,00,43,382.0 67,33,77,512.4 71,22,69,932.8

1. Suspense 1,58,07,427.9 20,05,553.0 1,57,03,913.0 1,56,03,163.4

2. Cash Balance Investment Accounts 49,81,53,714.8 37,80,93,193.3 36,50,22,120.0 39,46,55,070.1

3. Deposits with RBI 43,84,08,383.1 18,76,52,758.2 20,56,98,238.2 21,34,49,075.5

4. Others 19,75,34,743.5 8,22,91,877.5 8,69,53,241.2 8,85,62,623.8 XI. Appropriation to Contingency Fund – – 85,000.0 – XII. Remittances 2,81,33,500.5 1,95,59,711.7 2,15,62,437.3 2,20,18,381.0 A. Surplus (+)/Deficit (-) on Revenue Account -93,43,688.6 -80,11,947.0 -1,90,22,057.1 -81,57,387.0 B. Surplus (+)/Deficit(-) on Capital Account 1,52,37,784.9 37,07,334.8 68,38,977.8 -16,14,920.9 C. Overall Surplus (+)/Deficit (-) (A+B) 58,94,096.3 -43,04,612.3 -1,21,83,079.4 -97,72,307.9 D. Financing of Surplus (+)/Deficit (-) (C = i to iii) 58,94,096.3 -43,04,613.4 -1,21,83,080.6 -97,72,308.9 i. Increase (+)/Decrease (-) in Cash Balances 10,13,159.0 -15,82,928.1 -92,07,390.9 -51,54,796.0 a) Opening Balance 1,34,24,382.6 1,50,96,611.8 1,52,75,407.4 1,17,46,357.7 b) Closing Balance 1,44,37,541.5 1,35,13,683.8 60,68,016.5 65,91,561.8 ii. Withdrawals from (–)/Additions to (+) Cash – – – – Balance Investment Account (net) 52,21,653.6 -27,21,785.4 -28,51,781.8 -46,27,512.0 iii. Increase (-)/Decrease (+) in Ways and Means – – – – Advances and Overdrafts from RBI (net) -3,40,716.3 100.0 -1,23,907.8 9,999.1 $ : Sum of Items I to IV while items at II(4) and II(6) are excluded item II(4) has been taken on a net basis under capital receipts while item II(6) has been taken as financing item for overall surplus/deficit.

* : Include outlay on Information and Publicity, other Social Services, etc. @ : Include outlay on other Agricultural Programmes, etc. # : Include outlay on Cement and Non-Metallic Industries, Petro-Chemical Industries, Chemical Industries, Engineering Industries, Telecommunication and Electronic Industries, Consumer Industries, Atomic Energy Industries, other Industries and Minerals, etc.

** : Include outlay on Indian Railway Commercial Lines, Indian Railway Strategic Lines, Ports and Light Houses, Shipping, Civil Aviation, Road Transport, Inland Water Transport, Other Transport, etc. @@ : Include outlay on Foreign Trade and Export Promotion Technology, other General Economic Services, Investments in General Financial and Trading Institutions, International Financial Institutions, etc.

Note: Data pertaining to Jammu and Kashmir for 2023-24 are taken from CAG and are provisional.

Source: Budget documents of State governments.

310Appendix IV NOTES TO APPENDICES

Appendix I:

1. Where details are not available in respect of one or several sub-groups under a major group, the relevant amount is shown against the sub-group ‘Others’ except for Sales Tax where the relevant amount is shown against the sub-group ‘State Sales Tax’.

2. Where the break-up of grants for ‘Central Plan Schemes’ and ‘Centrally Sponsored Schemes’ are not available, the relevant amount is shown against ‘Centrally Sponsored Schemes’.

3. The data are subject to rounding-off.

Appendix II:

1. Where details are not available in respect of one or several sub-groups under major groups, the relevant amount is shown against the sub-group ‘Others’.

2. The data are subject to rounding-off.

Appendix III:

1. All figures are on a gross basis including those under ‘Public Account’. Further, WMA from RBI is included under ‘Internal Debt’ while ‘Cash Balance Investment Account’ and ‘Deposits with RBI’ are included under ‘Suspense and Miscellaneous’. Total capital receipts taking public accounts on a net basis are also given to provide comparable data with those of the previous years.

2. Sub-groups ‘Small Savings, Provident Funds, etc.’, ‘Reserve Funds’, ‘Deposits and Advances’, ‘Suspense and Miscellaneous’ and ‘Remittances’ pertain to the ‘Public Account’.

3. Where details are not available in respect of one or several sub-groups under a major group, the relevant amount is shown against the sub-group ‘Others’.

4. Where the break-up of loans for ‘Central Plan Schemes’, and ‘Centrally Sponsored Schemes’ are not available, the relevant amount is shown against ‘Centrally Sponsored Schemes’.

5. The data are subject to rounding-off.

Appendix IV:

1. All figures are on a gross basis including those under ‘Public Account’ and ‘Contingency Fund’. Total capital expenditure exclusive of public accounts are also given to provide comparable data with those of the previous years.

2. Where details are not available in respect of one or several sub-groups under major groups, the relevant amount is shown against the sub-group ‘Others’.

3. The data are subject to rounding-off.

311