Off-budget borrowings by states rose sharply in 2020-21 and 2021-22. Worried (they widen the fiscal deficit), the Centre cracked down on the habit in March 2022 and they have decreased.

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 ...

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.

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 Telangana Government has raised off budget borrowings of ₹2,545.98 crore during 2023-24,the last year of the Bharat Rashtra Samithi’s (BRS) second term of government, taking the total to ...

A significant portion of these borrowings funded loans and advances to public sector entities for servicing off-budget borrowings, raising concerns about debt sustainability. The state's ...

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.

Using the debt-to-GDP ratio as a fiscal anchor aligns with efforts to promote fiscal transparency through proper disclosure of off-budget borrowings. Illustration: Dominic Xavier/Rediff.com In ...

A massive $34bn in spending measures are booked for the forward estimates and $108bn in off-budget expenditures ... of lower interest rates on government borrowings. Treasury expects the weighted ...

Gift 5 articles to anyone you choose each month when you subscribe. Treasurer Jim Chalmers will spend nearly $100 billion off budget over the next four years, economists predict, as Labor piles ...