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State debt stock to rise to 17.3 pc of GSDP; to be within prescribed 25 pc limit

The survey said the debt stock currently stood at Rs 7,82,991 crore as per budget estimates, while interest due was Rs 56,727 crore

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The debt stock of Maharashtra is expected to increase by 10.1 per cent over the previous year and will stand at 17.3 per cent of the Gross State Domestic Product (GSDP), which will be within fiscal and budgetary norms, as per the economic survey tabled in the state legislature on Friday.

Debt stock of 17.3 per cent will be within the prescribed limit of 25 per cent of GSDP, it said.

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