IST,
ଖୋଜନ୍ତୁ
errorSearch
Page
Official Website of Reserve Bank of India
ଜାନୁଆରୀ 23, 2026
State Finances: A Study of Budgets of 2025-26
Foreword
Contents
List of Abbreviations
Chapters
I. Overview
II. Fiscal Position of the State Governments
III. Demographic Transition in India – Implications for State Finances
IV. The Way Forward
References
Explanatory Note on Data Sources and Methodology
Appendix Tables: 2025-26
Appendix Table 1: Major Deficit Indicators of State Governments
Appendix Table 2: Devolution and Transfer of Resources from the Centre
Appendix Table 3: Development and Non-Development Expenditure: Aggregate
Appendix Table 4: Development Expenditure - Major Heads
Appendix Table 5: Non-Development Expenditure - Major Heads
Appendix Table 6: Development and Non-Development Expenditure
Appendix Table 7: Composition of Social Sector Expenditure
Appendix Table 8: Decomposition of Gross Fiscal Deficit
Appendix Table 9: Financing of Gross Fiscal Deficit
Appendix Table 10: Financing of Gross Fiscal Deficit - As per cent of Total
Appendix Table 11: Composition of Outstanding Liabilities of State Governments and Uts
Appendix Table 12: Composition of Outstanding Liabilities of State Governments and UTs - As per cent of Total
Appendix Table 13: State Government Market Borrowings
Statements: 2025-26
Statement 1: Major Fiscal Indicators
Statement 2: Revenue Deficit/Surplus
Statement 3: Gross Fiscal Deficit/Surplus
Statement 4: Decomposition of Gross Fiscal Deficit
Statement 5: Financing of Gross Fiscal Deficit – 2023-24 (Accounts)
Statement 6: Financing of Gross Fiscal Deficit – As per cent of Total – 2023-24 (Accounts)
Statement 7: Financing of Gross Fiscal Deficit – 2024-25 (Revised Estimates)
Statement 8: Financing of Gross Fiscal Deficit – As per cent of Total – 2024-25 (Revised Estimates)
Statement 9: Financing of Gross Fiscal Deficit – 2025-26 (Budget Estimates)
Statement 10: Financing of Gross Fiscal Deficit – As per cent of Total 2025-26 (Budget Estimates)
Statement 11: Development Expenditure
Statement 12: Non-Development Expenditure
Statement 13: Interest Payments
Statement 14: Tax Revenue
Statement 15: Non-Tax Revenue
Statement 16: Loans from the Centre
Statement 17: Devolution and Transfer of Resources from the Centre
Statement 18: Composition of Outstanding Liabilities
Statement 19: Total Outstanding Liabilities of State Governments
Statement 20: Total Outstanding Liabilities - As per cent of GSDP
Statement 21: Market Borrowings of State Governments
Statement 22: State Government Market Loans
Statement 23: Maturity Profile of Outstanding State Government Securities
Statement 24: Maturity Profile of Outstanding State Government Securities - As per cent of Total
Statement 25: Investment Outstanding in Treasury Bills
Statement 26: Expenditure on Education - As per cent of Aggregate Expenditure
Statement 27: Expenditure on Medical and Public Health and Family Welfare - As per cent of Aggregate Expenditure
Statement 28: Outstanding Guarantees of State Governments
Statement 29: Expenditure on Wages and Salaries
Statement 30: Expenditure on Operations and Maintenance
Statement 31: Social Sector Expenditure
Statement 32: Social Sector Expenditure as per cent of Total Disbursement
Statement 33: Revenue Receipts of State Governments and Uts
Statement 34: Revenue Expenditure of State Governments and Uts
Statement 35: Development Expenditure: Select Indicators
Statement 36: Subsidies
Statement 37: States’ Expenditure on Medical and Public Health, Family Welfare and Water Supply and Sanitation
Appendices I to IV: 2025-26
Appendix I: Revenue Receipts of States and Union Territories with Legislature
States: Andhra Pradesh, Arunachal Pradesh, Assam, Bihar
States: Chhattisgarh, Goa, Gujarat, Haryana
States: Himachal Pradesh, Jammu and Kashmir, Jharkhand, Karnataka
States: Kerala, Madhya Pradesh, Maharashtra, Manipur
States: Meghalaya, Mizoram, Nagaland, Odisha
States: Punjab, Rajasthan, Sikkim, Tamil Nadu
States: Telangana, Tripura, Uttarakhand, Uttar Pradesh, West Bengal
States: Delhi, Puducherry, All States and UTs
Appendix II: Revenue Expenditure of States and Union Territories with Legislature
States: Andhra Pradesh, Arunachal Pradesh, Assam, Bihar
States: Chhattisgarh, Goa, Gujarat, Haryana
States: Himachal Pradesh, Jammu and Kashmir, Jharkhand, Karnataka
States: Kerala, Madhya Pradesh, Maharashtra, Manipur
States: Meghalaya, Mizoram, Nagaland, Odisha
States: Punjab, Rajasthan, Sikkim, Tamil Nadu
States: Telangana, Tripura, Uttarakhand, Uttar Pradesh, West Bengal
States: Delhi, Puducherry, All States and UTs
Appendix III: Capital Receipts of States and Union Territories with Legislature
States: Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Goa, Gujarat, Haryana
States: Himachal Pradesh, Jammu and Kashmir, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Manipur
States: Meghalaya, Mizoram, Nagaland, Odisha, Punjab, Rajasthan, Sikkim, Tamil Nadu
States: Telangana, Tripura, Uttarakhand, Uttar Pradesh, West Bengal, Delhi, Puducherry, All States and UTs
Appendix IV: Capital Expenditure of States and Union Territories with Legislature
States: Andhra Pradesh and Arunachal Pradesh
States: Assam and Bihar
States: Chhattisgarh and Goa
States: Gujarat and Haryana
States: Himachal Pradesh and Jammu and Kashmir
States: Jharkhand and Karnataka
States: Kerala and Madhya Pradesh
States: Maharashtra and Manipur
States: Meghalaya and Mizoram
States: Nagaland and Odisha
States: Punjab and Rajasthan
States: Sikkim and Tamil Nadu
States: Telangana and Tripura
States: Uttarakhand and Uttar Pradesh
States: West Bengal
States: Delhi and Puducherry
States: All States and UTs
Notes to Appendices
ରିଜର୍ଭ ବ୍ୟାଙ୍କ ଅଫ୍ ଇଣ୍ଡିଆ ମୋବାଇଲ୍ ଆପ୍ଲିକେସନ୍ ଇନଷ୍ଟଲ୍ କରନ୍ତୁ ଏବଂ ଲାଟେଷ୍ଟ ନିଉଜ୍ କୁ ଶୀଘ୍ର ଆକ୍ସେସ୍ ପାଆନ୍ତୁ!
ଆମର ଆପ୍ ଇନଷ୍ଟଲ୍ କରିବାକୁ QR କୋଡ୍ ସ୍କାନ୍ କରନ୍ତୁ
ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି:
