Fiscal Pulse Check: Indian States' Rs 2.82 Trillion Borrowing Plan Signals Steady Economic Management

The Reserve Bank of India (RBI) has announced that Indian states and union territories are set to borrow Rs 2.82 trillion (2.82 lakh crore) through market borrowings in the October-December quarter of FY 2025-26. This borrowing aligns with expectations and indicates a steady fiscal approach by states amid evolving economic conditions.

 

Key Highlights:

This borrowing plan reflects the ongoing fiscal responsibility of states as they manage expenditure and developmental needs while adhering to regulatory oversight by RBI and the central government.

 

Source: The Economic Times,  Business Standard