After the Centre’s clampdown on states for resorting to fiscal indiscipline, states’ off-budget borrowings will likely fall 72% on year to Rs 18,498 crore in the current financial year.

When factoring in off-budget borrowings, the overall interest burden surged from 15.1% in 2014–15 to 28.2% in 2023–24, signalling persistent pressure on state finances, it said.

The Central government has said that the off-budget borrowings by the Andhra Pradesh government will be considered as State government loans. Andhra Pradesh government’s off-budget borrowings ...

THIRUVANANTHAPURAM: The Central government has adjusted Rs 14,000 crore worth off-budget borrowings in the net borrowing ceiling (NBC) of the state government. The cut will be in a phased manner.

The off-budget borrowings are loans that government does ... to audit all receipts and expenditure of both Centre and state, has warned the union government about extra borrowing several times.

The decision to treat off-Budget borrowings from 2021-22 onwards serviced from the State budgets as States’ borrowings and adjusting them against borrowing limits under Fiscal Responsibility and ...

In the year 2023-24, as per the scrutiny of vouchers, the State government budgeted and expended an amount of Rs 10,037.31 crore towards assistance/grants on account of off-budget borrowings.

The Comptroller and Auditor General (CAG) reported that the Telangana government faced liabilities of Rs 2,86,228 crore for market borrowings from 2022-23 to 2032-33. A significant portion of ...

the CM said it is also the first state in the country to incorporate off-budget borrowings into total liabilities. However, the union government's failure to fully compensate for GST revenue loss ...

Using the debt-to-GDP ratio as a fiscal anchor aligns with efforts to promote fiscal transparency through proper disclosure of off-budget borrowings ... Regarding states, Seth said the government ...