The state’s debt burden is on the rise as total debt stock is expected to reach Rs 9.32 lakh crore (Rs 9,32,242 crore) in the fiscal year 2025-26. In the financial year 2024-25, the actual debt stood at Rs 8.39 lakh crore (Rs 8,39,275 crore) as against the projected R7.8 lakh crore.

Chief Minister Devendra Fadnavis and finance minister Ajit Pawar claimed that the situation is very much under control and within prescribed limits–25 threshold under MFRBM (Maharashtra Fiscal Responsibility and Budget Management) rules.