Lok Sabha Question No. 2955 (UNSTARRED), answered on 2022-03-21
Subject: Loans Taken by States
Ministry: FINANCE
Asked by: Sunil Kumar Soni

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE

## LOK SABHA

## UNSTARRED QUESTION NO.  †2955

## TO BE ANSWERED ON MONDAY, 21 st  March, 2022/30 Phalguna, 1943 (SAKA)

## Loans Taken by States

## †2955. SHRI SUNIL KUMAR SONI:

Will the Minister of FINANCE be pleased to state:

- a) the  details  and  the  amount  of  loans  taken  by  various  States/  UTs  of  the  country  including Chhattisgarh during the financial years 2018-19, 2019-20, 2020-21, and 2021-22 along with the names of the institutions from which these loans were taken, year-wise;
- b) whether the reasons and utility of such loans are reviewed by the Government and if so, the details thereof; and
- c) if not, whether the Government is likely to review the said loans and if so, the time by which it is likely to be done?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

- (a) As gleaned from Reserve Bank of India report titled 'State finances: A study of budgets of 2020-21' and 'State finances: A study of budgets of 2021-22', the State-wise details of amount of loans taken by various States/UTs including Chhattisgarh during the financial year 2018-19, 201920, 2020-21(RE) and 2021-22 (BE) are at Annexure I to Annexure IV.
- (b) &(c) All States have enacted their Fiscal Responsibility and Budget Management (FRBM) Act. Compliance to the State FRBM Act is monitored by the respective State legislatures.

********

## State-wise details of amount of loans taken by various States/UTs during the financial year 2018-19

(Rs in crore)

|   S.No | Particular        | Market Loans   | Loans from NABARD, NCDC, LIC, SBI and Others   | Special Securities issued to NSSF   | Loans and Advances from the Centre   |
|--------|-------------------|----------------|------------------------------------------------|-------------------------------------|--------------------------------------|
|      1 | Andhra Pradesh    | 30,200         | 1,364                                          | -                                   | 1,990                                |
|      2 | Arunachal Pradesh | 719            | 277                                            | 410                                 | -                                    |
|      3 | Assam             | 10,595         | 1,070                                          | -                                   | 89                                   |
|      4 | Bihar             | 14,300         | 1,834                                          | -                                   | 2,534                                |
|      5 | Chhattisgarh      | 12,900         | 917                                            | -                                   | 553                                  |
|      6 | Goa               | 2,350          | 108                                            | -                                   | 70                                   |
|      7 | Gujarat           | 36,971         | 3,980                                          | -                                   | 2,196                                |
|      8 | Haryana           | 21,265         | 12,370                                         | -                                   | 125                                  |
|      9 | Himachal Pradesh  | 4,210          | 654                                            | -                                   | 67                                   |
|     10 | Jammu and Kashmir | 6,684          | 406                                            | -                                   | 4                                    |
|     11 | Jharkhand         | 5,509          | 2,022                                          | -                                   | 273                                  |
|     12 | Karnataka         | 39,600         | 870                                            | -                                   | 1,444                                |
|     13 | Kerala            | 19,500         | 1,425                                          | 2,370                               | 452                                  |
|     14 | Madhya Pradesh    | 20,496         | 1,858                                          | 2,972                               | 3,796                                |
|     15 | Maharashtra       | 20,869         | 4,818                                          | -                                   | 339                                  |
|     16 | Manipur           | 970            | 180                                            | -                                   | -                                    |
|     17 | Meghalaya         | 1,122          | 180                                            | -                                   | 22                                   |
|     18 | Mizoram           | -              | 123                                            | -                                   | 11                                   |
|     19 | Nagaland          | 822            | 122                                            | -                                   | 4                                    |
|     20 | NCT Delhi         | -              | -                                              | -                                   | 2,880                                |
|     21 | Odisha            | 5,500          | 3,520                                          | -                                   | 983                                  |
|     22 | Puducherry        | 825            | 132                                            | -                                   | 50                                   |
|     23 | Punjab            | 22,115         | 211                                            | -                                   | 1,317                                |
|     24 | Rajasthan         | 33,178         | 2,027                                          | -                                   | 2,642                                |
|     25 | Sikkim            | 1,088          | 52                                             | -                                   | 5                                    |
|     26 | Tamil Nadu        | 43,125         | 2,471                                          | -                                   | 2,340                                |
|     27 | Telangana         | 26,740         | 1,963                                          | -                                   | 433                                  |
|     28 | Tripura           | 1,543          | 152                                            | -                                   | 13                                   |
|     29 | Uttar Pradesh     | 46,000         | 4,791                                          | -                                   | 804                                  |
|     30 | Uttarakhand       | 6,300          | 870                                            | -                                   | 105                                  |
|     31 | West Bengal       | 42,828         | 1,187                                          | -                                   | 1,178                                |

Source:

RBI report titled 'State finances: A study of budgets of 2020-21'

## Annexure-II referred to in part (a) of Lok Sabha Unstarred question no. †2955 for 21.03.2022 State-wise details of amount of loans taken by various States/UTs during the financial year 2019-20

(Rs in crore)

|   S.No | Particular        | Market Loans   | Loans from NABARD, NCDC, LIC, SBI and Others   | Special Securities issued to NSSF   | Loans and Advances from the Centre   |
|--------|-------------------|----------------|------------------------------------------------|-------------------------------------|--------------------------------------|
|      1 | Andhra Pradesh    | 42,415         | 1,200                                          | -                                   | 2,030                                |
|      2 | Arunachal Pradesh | 1,366          | 208                                            | 606                                 | -                                    |
|      3 | Assam             | 12,906         | 1,237                                          | -                                   | 106                                  |
|      4 | Bihar             | 25,601         | 2,293                                          | -                                   | 1,279                                |
|      5 | Chhattisgarh      | 11,680         | 7,628                                          | -                                   | 279                                  |
|      6 | Goa               | 2,600          | 54                                             | -                                   | 46                                   |
|      7 | Gujarat           | 38,900         | 3,794                                          | -                                   | 798                                  |
|      8 | Haryana           | 24,677         | 18,391                                         | -                                   | 102                                  |
|      9 | Himachal Pradesh  | 6,580          | 753                                            | -                                   | 70                                   |
|     10 | Jammu and Kashmir | 7,869          | 390                                            | -                                   | 4                                    |
|     11 | Jharkhand         | 7,500          | 1,667                                          | -                                   | 426                                  |
|     12 | Karnataka         | 48,500         | 974                                            | -                                   | 675                                  |
|     13 | Kerala            | 18,073         | 1,144                                          | 3,294                               | 2,151                                |
|     14 | Madhya Pradesh    | 22,371         | 1,978                                          | 5,147                               | 4,868                                |
|     15 | Maharashtra       | 48,498         | 7,721                                          | -                                   | 937                                  |
|     16 | Manipur           | 1,757          | 61                                             | -                                   | 8                                    |
|     17 | Meghalaya         | 1,344          | 136                                            | -                                   | 16                                   |
|     18 | Mizoram           | 900            | 160                                            | -                                   | 15                                   |
|     19 | Nagaland          | 1,000          | 79                                             | -                                   | 7                                    |
|     20 | NCT Delhi         | -              | -                                              | -                                   | 4,766                                |
|     21 | Odisha            | 7,500          | 6,221                                          | -                                   | 958                                  |
|     22 | Puducherry        | 970            | 73                                             | -                                   | -                                    |
|     23 | Punjab            | 27,355         | 319                                            | -                                   | 145                                  |
|     24 | Rajasthan         | 39,092         | 1,456                                          | -                                   | 4,209                                |
|     25 | Sikkim            | 809            | 10                                             | 3                                   | 14                                   |
|     26 | Tamil Nadu        | 62,425         | 2,360                                          | -                                   | 1,990                                |
|     27 | Telangana         | 37,109         | 969                                            | -                                   | 207                                  |
|     28 | Tripura           | 2,928          | 153                                            | -                                   | 0                                    |
|     29 | Uttar Pradesh     | 69,703         | 2,851                                          | -                                   | 1,255                                |
|     30 | Uttarakhand       | 5,100          | 664                                            | -                                   | 70                                   |
|     31 | West Bengal       | 56,992         | 830                                            | -                                   | 2,017                                |

Source:

RBI report titled 'State finances: A study of budgets of 2021-22'

Annexure-III referred to in part (a) of Lok Sabha Unstarred question no †2955 for 21.03.2022

State-wise details of amount of loans taken by various States/UTs during the financial year 2020-21 (RE)

(Rs in crore)

|   S.No | Particular        | Market Loans*   | Loans from NABARD, NCDC, LIC, SBI and Others   | Special Securities issued to NSSF   | Loans and Advances from the Centre   |
|--------|-------------------|-----------------|------------------------------------------------|-------------------------------------|--------------------------------------|
|      1 | Andhra Pradesh    | 50,896          | 1,977                                          | -                                   | 4,932                                |
|      2 | Arunachal Pradesh | 767             | 285                                            | 713                                 | -                                    |
|      3 | Assam             | 15,030          | 1,500                                          | -                                   | 701                                  |
|      4 | Bihar             | 27,285          | 2,431                                          | -                                   | 7,548                                |
|      5 | Chhattisgarh      | 13,000          | 1,011                                          | -                                   | 3,401                                |
|      6 | Goa               | 3,354           | 210                                            | -                                   | 89                                   |
|      7 | Gujarat           | 44,780          | 4,500                                          | -                                   | 11,507                               |
|      8 | Haryana           | 30,000          | 13,045                                         | -                                   | 120                                  |
|      9 | Himachal Pradesh  | 6,000           | 752                                            | -                                   | 66                                   |
|     10 | Jammu and Kashmir | 9,328           | 12,025                                         | -                                   | 5                                    |
|     11 | Jharkhand         | 9,400           | 2,920                                          | -                                   | 700                                  |
|     12 | Karnataka         | 69,000          | 1,300                                          | -                                   | 1,332                                |
|     13 | Kerala            | 28,566          | 1,049                                          | 3,919                               | 7,672                                |
|     14 | Madhya Pradesh    | 45,573          | 2,505                                          | 4,971                               | 11,362                               |
|     15 | Maharashtra       | 69,000          | 38,759                                         | -                                   | 1,770                                |
|     16 | Manipur           | 1,302           | 180                                            | -                                   | -                                    |
|     17 | Meghalaya         | 1,777           | 200                                            | -                                   | 68                                   |
|     18 | Mizoram           | 944             | 205                                            | -                                   | 214                                  |
|     19 | Nagaland          | 1,721           | 295                                            | -                                   | 16                                   |
|     20 | NCT Delhi         | -               | -                                              | -                                   | 15,500                               |
|     21 | Odisha            | 3,000           | 14,040                                         | -                                   | 5,210                                |
|     22 | Puducherry        | 1,390           | 470                                            | -                                   | -                                    |
|     23 | Punjab            | 32,995          | 300                                            | -                                   | 9,259                                |
|     24 | Rajasthan         | 57,359          | 1,789                                          | -                                   | 7,480                                |
|     25 | Sikkim            | 1,292           | 71                                             | -                                   | 209                                  |
|     26 | Tamil Nadu        | 87,977          | 4,000                                          | -                                   | 12,061                               |
|     27 | Telangana         | 43,784          | 650                                            | -                                   | 400                                  |
|     28 | Tripura           | 1,916           | 400                                            | -                                   | 529                                  |
|     29 | Uttar Pradesh     | 75,500          | 3,098                                          | -                                   | 1,800                                |
|     30 | Uttarakhand       | 6,200           | 900                                            | -                                   | 2,900                                |
|     31 | West Bengal       | 59,680          | 1,503                                          | -                                   | 6,176                                |

Source:

RBI report titled 'State finances: A study of budgets of 2021-22'

## State-wise details of amount of loans taken by various States/UTs during the financial year 2021-22 (BE)

(Rs in crore)

|   S.No | Particular        | Market Loans   | Loans from NABARD, NCDC, LIC, SBI and Others   | Special Securities issued to NSSF   | Loans and Advances from the Centre   |
|--------|-------------------|----------------|------------------------------------------------|-------------------------------------|--------------------------------------|
|      1 | Andhra Pradesh    | 44,525         | 2,500                                          | -                                   | 2,000                                |
|      2 | Arunachal Pradesh | 701            | 267                                            | 703                                 | -                                    |
|      3 | Assam             | 16,394         | 1,788                                          | -                                   | 143                                  |
|      4 | Bihar             | 26,234         | 2,671                                          | -                                   | 2,900                                |
|      5 | Chhattisgarh      | 16,133         | 1,211                                          | -                                   | 601                                  |
|      6 | Goa               | 2,900          | 500                                            | -                                   | 80                                   |
|      7 | Gujarat           | 42,000         | 6,500                                          | -                                   | 2,000                                |
|      8 | Haryana           | 40,200         | 16,984                                         | -                                   | 215                                  |
|      9 | Himachal Pradesh  | 8,960          | 700                                            | -                                   | 71                                   |
|     10 | Jammu and Kashmir | 7,609          | 1,600                                          | -                                   | 5                                    |
|     11 | Jharkhand         | 10,200         | 3,500                                          | -                                   | 800                                  |
|     12 | Karnataka         | 67,100         | 1,500                                          | -                                   | 2,232                                |
|     13 | Kerala            | 30,136         | 827                                            | 4,000                               | 2,478                                |
|     14 | Madhya Pradesh    | 47,760         | 2,540                                          | 5,500                               | 7,458                                |
|     15 | Maharashtra       | 1,00,000       | 20,500                                         | -                                   | 2,016                                |
|     16 | Manipur           | 1,500          | 120                                            | -                                   | -                                    |
|     17 | Meghalaya         | 1,650          | 250                                            | -                                   | 68                                   |
|     18 | Mizoram           | 1,000          | 195                                            | -                                   | 31                                   |
|     19 | Nagaland          | 1,706          | 65                                             | -                                   | 22                                   |
|     20 | NCT Delhi         | -              | -                                              | -                                   | 9,285                                |
|     21 | Odisha            | 18,000         | 21,186                                         | -                                   | 1,800                                |
|     22 | Puducherry        | 1,484          | 200                                            | -                                   | -                                    |
|     23 | Punjab            | 35,041         | 700                                            | -                                   | 1,595                                |
|     24 | Rajasthan         | 54,717         | 2,581                                          | -                                   | 4,607                                |
|     25 | Sikkim            | 1,536          | 68                                             | -                                   | 203                                  |
|     26 | Tamil Nadu        | 1,01,800       | 4,000                                          | -                                   | 12,450                               |
|     27 | Telangana         | 47,500         | 1,500                                          | -                                   | 200                                  |
|     28 | Tripura           | 2,691          | 400                                            | -                                   | 3                                    |
|     29 | Uttar Pradesh     | 70,150         | 3,259                                          | -                                   | 2,100                                |
|     30 | Uttarakhand       | 10,700         | 900                                            | -                                   | 150                                  |
|     31 | West Bengal       | 73,603         | 2,003                                          | -                                   | 10,067                               |

Source:

RBI report titled 'State finances: A study of budgets of 2021-22'