Archive · 27 Jun 2025
Indian States to Borrow ₹2.87 Trillion in September Quarter
Indian states are planning to borrow a lot of money, about ₹2.87 trillion, in the next few months.
This is more than they borrowed last year.
The Reserve Bank of India (RBI), which is like India's bank, will help them do this.
States usually use their own money first, like taxes, before they borrow.
The combined budgets of many states are expected to be very large in a couple of years.
Indian states plan to borrow ₹2.87 trillion through securities in the September quarter.
This is higher than the ₹2.6 trillion borrowed during the same period last year.
The Reserve Bank of India (RBI) will conduct auctions, considering market conditions.
States typically use tax revenues and central funds before market borrowings.
Combined budgets of 26 Indian states are projected to reach ₹70.6 trillion in 2025-26.
- Who
- 26 state governments.
- What
- Indian states plan to borrow ₹2.87 trillion.
- When
- During the September quarter.
- Where
- From the markets, in India.
- Why
- To fund state expenditures.
- Planned Borrowing
- ₹2.87 trillion
- Borrowing Period
- September quarter
- Previous Year Borrowing
- ₹2.6 trillion
- Number of States
- 26
- Projected Budget 2025-26
- ₹70.6 trillion