Home / Mumbai / Mumbai News / Article / Maharashtra total debt projected to cross Rs 11 lakh crore in 2026-27 Budget

Maharashtra total debt projected to cross Rs 11 lakh crore in 2026-27 Budget

Maharashtra’s total outstanding debt is projected to rise to Rs 11.02 lakh crore in 2026-27 as the government plans to borrow Rs 1.28 lakh crore. Despite rising liabilities, Chief Minister Devendra Fadnavis said the borrowing remains within prescribed fiscal limits

Listen to this article :
Minister of State for Finance Ashish Jaiswal (centre left), Deputy Chief Minister Sunetra Pawar (centre), and Chief Minister Devendra Fadnavis (centre right) at the Maharashtra Legislative  Assembly before the Budget presentation on Friday. Pic/Sayyed Sameer Abedi

Minister of State for Finance Ashish Jaiswal (centre left), Deputy Chief Minister Sunetra Pawar (centre), and Chief Minister Devendra Fadnavis (centre right) at the Maharashtra Legislative Assembly before the Budget presentation on Friday. Pic/Sayyed Sameer Abedi

The state’s debt burden is set to rise further, with total outstanding liabilities projected to touch Rs 11,02,654 crore in the financial year 2026-27, according to the upcoming Budget estimates.

In 2025-26, the actual debt stood at Rs 9,73,989 crore, overshooting the earlier projection of Rs 9,32,242 crore. A similar pattern was observed in 2024-25, when the state’s debt climbed to Rs 8.39 lakh crore (Rs 8,39,275 crore) against a projected Rs 7.8 lakh crore, reflecting a widening gap between estimates and actual liabilities.

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement