<p>Mumbai: Maharashtra’s debt stock has crossed the Rs 8 lakh crore mark, in alarming news for the state. </p><p>According to the Economic Survey of Maharashtra 2024-25, the debt stock currently stood at Rs 7,82,991 crore (budget estimates) while the interest due was Rs 56,727 crore. </p>.<p>As per the budget estimates of 2024-25 (BE), debt stock of the State is expected to increase by 10.1 per cent over the previous year. </p><p>However, its percentage to the GSDP (17.3 per cent) is expected to be well within the prescribed limit (25.0 per cent of GSDP) as per Maharashtra Fiscal Management and Budget Management Rules, 2006. </p><p>As per 2024-25 (BE), the major contributor of total debt stock is internal debt of the state, which is expected to be Rs 6,37,141 crore (81.4 per cent), according to the Economic Survey, which was tabled in the Maharashtra Legislature on Friday. </p>.Karnataka Budget: BBMP gets special grant of Rs 7,000 crore.<p>As per the advance estimates of 2024-25, the state economy is expected to grow at 7.3 per cent over 2023-24 whereas the Indian economy is expected to grow at 6.5 per cent. </p><p>During 2024-25, real Gross State Value Added of ‘Agriculture & allied activities’, ‘Industry’ and ‘Services’ sector is expected to grow at 8.7 per cent, 4.9 per cent and 7.8 per cent respectively.</p><p>The per capita State Income for 2024-25 is estimated at Rs 3,09,340 as against Rs 2,78,681 for 2023-24.</p><p>The Revenue receipts of the State are expected to be Rs 4,99,463 crore for 2024-25 (BE) as against Rs 4,86,116 crore for 2023-24 (RE). The tax and non-tax revenue (including central grants) for 2024-25 (BE) are expected to be Rs 4,19,972 crore and Rs 79,491 crore respectively.</p><p>Actual revenue receipts during 2024-25 upto January were Rs 3,81,080 crore (76.3 per cent of BE).</p><p>The Revenue expenditure of the State is expected to be Rs 5,19,514 crore as per 2024-25 (BE) as against ` 5,05,647 crore in 2023-24 (RE). During 2024-25 upto January actual revenue expenditure was Rs 3,52,141 crore (67.8 per cent of BE).</p>
<p>Mumbai: Maharashtra’s debt stock has crossed the Rs 8 lakh crore mark, in alarming news for the state. </p><p>According to the Economic Survey of Maharashtra 2024-25, the debt stock currently stood at Rs 7,82,991 crore (budget estimates) while the interest due was Rs 56,727 crore. </p>.<p>As per the budget estimates of 2024-25 (BE), debt stock of the State is expected to increase by 10.1 per cent over the previous year. </p><p>However, its percentage to the GSDP (17.3 per cent) is expected to be well within the prescribed limit (25.0 per cent of GSDP) as per Maharashtra Fiscal Management and Budget Management Rules, 2006. </p><p>As per 2024-25 (BE), the major contributor of total debt stock is internal debt of the state, which is expected to be Rs 6,37,141 crore (81.4 per cent), according to the Economic Survey, which was tabled in the Maharashtra Legislature on Friday. </p>.Karnataka Budget: BBMP gets special grant of Rs 7,000 crore.<p>As per the advance estimates of 2024-25, the state economy is expected to grow at 7.3 per cent over 2023-24 whereas the Indian economy is expected to grow at 6.5 per cent. </p><p>During 2024-25, real Gross State Value Added of ‘Agriculture & allied activities’, ‘Industry’ and ‘Services’ sector is expected to grow at 8.7 per cent, 4.9 per cent and 7.8 per cent respectively.</p><p>The per capita State Income for 2024-25 is estimated at Rs 3,09,340 as against Rs 2,78,681 for 2023-24.</p><p>The Revenue receipts of the State are expected to be Rs 4,99,463 crore for 2024-25 (BE) as against Rs 4,86,116 crore for 2023-24 (RE). The tax and non-tax revenue (including central grants) for 2024-25 (BE) are expected to be Rs 4,19,972 crore and Rs 79,491 crore respectively.</p><p>Actual revenue receipts during 2024-25 upto January were Rs 3,81,080 crore (76.3 per cent of BE).</p><p>The Revenue expenditure of the State is expected to be Rs 5,19,514 crore as per 2024-25 (BE) as against ` 5,05,647 crore in 2023-24 (RE). During 2024-25 upto January actual revenue expenditure was Rs 3,52,141 crore (67.8 per cent of BE).</p>