Lok Sabha Question No. 2444 (UNSTARRED), answered on 2025-08-04
Subject: Loan Borrowings and Debt of Uttar Pradesh
Ministry: FINANCE
Asked by: Smt. Dimple Yadav

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF EXPENDITURE

## LOK SABHA UNSTARRED QUESTION NO. 2444

TO BE ANSWERED ON MONDAY, 4 th  AUGUST, 2025 SRAVANA 13, 1947 (SAKA)

## LOAN BORROWINGS AND DEBT OF UTTAR PRADESH

## 2444.   Smt. Dimple Yadav

Will the Minister of Finance be pleased to state:

- (a) the total amount of loans borrowed by the State Government of Uttar Pradesh from the Reserve Bank of India (RBI), in all forms, since the Financial Year 2017-18;
- (b) whether the Government has any data of loans raised by the Government of Uttar Pradesh from other market sources during the same period and if so, the details thereof, sourcewise;
- (c) whether  the  Government  has  any  data  on  the  current  outstanding  liabilities  of  State Government of Uttar Pradesh and if so, the State's debt trends since FY 2018-19, yearwise; and
- (d) the latest debt-to-Gross State Domestic Product (GSDP) ratio of every State and Union Territory including Uttar Pradesh?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE

## (SHRI PANKAJ CHAUDHARY)

(a) to (b) As per information provided by the State Government of Uttar Pradesh and the Reserve Bank  of  India  (RBI),  the  total  amount  of  loans  borrowed  by  the  State  Government  of  Uttar Pradesh from  the  Reserve  Bank of  India (RBI),  and  other  market  sources,  from  the  Financial Year (FY) 2017-18 to FY 2024-25 is enclosed at Annexure-I .

(c) to (d) As per information provided by RBI, the outstanding liabilities of Uttar Pradesh from FY 2017-18 to FY 2024-25 (Budget Estimate) and latest debt-to-Gross State Domestic Product (GSDP)  ratio  of  every  State  and  Union  Territory,  including  Uttar  Pradesh  is  enclosed  at Annexure-II and Annexure-III respectively.

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Annexure-I referred to in the answer of part (a) to (b) of Lok Sabha Unstarred question no. 2444 for 04.08.2025 The total amount of loans borrowed by the Government of Uttar Pradesh form the Reserve Bank of India (RBI) and other market sources from the FY 2017-18 to FY 2024-25

(Rs. in crore)

| Financial Year   | Market loans raised through RBI   | Negotiated loans from various Financial Institutions for specific projects   |
|------------------|-----------------------------------|------------------------------------------------------------------------------|
| 2017-18          | 41,600                            | 1,780                                                                        |
| 2018-19          | 46,000                            | 4,791                                                                        |
| 2019-20          | 69,703                            | 2,851                                                                        |
| 2020-21          | 75,500                            | 3,177                                                                        |
| 2021-22          | 62,500                            | 2,503                                                                        |
| 2022-23          | 55,612                            | 2,412                                                                        |
| 2023-24          | 97,650                            | 3,250                                                                        |
| 2024-25          | 45,000                            | 2,302                                                                        |

## Annexure-II referred to in the answer of part (c) to (d) of Lok Sabha Unstarred question no. 2444 for 04.08.2025

## Details of Total Outstanding Liabilities of Uttar Pradesh from FY 2017-18 to FY 2024-25 (Budget Estimate)

(Rs. in crore)

| Financial Year   | Total Outstanding Liabilities   |
|------------------|---------------------------------|
| 2017-18          | 5,17,585                        |
| 2018-19          | 5,67,777                        |
| 2019-20          | 5,49,559                        |
| 2020-21          | 6,00,109                        |
| 2021-22          | 6,46,321                        |
| 2022-23          | 6,93,865                        |
| 2023-24 (RE)*    | 7,88,464                        |
| 2024-25 (BE)#    | 8,57,844                        |

# BE - Budget Estimate

## Annexure-III referred to in the answer of part (c) to (d) of Lok Sabha Unstarred question no. 2444 for 04.08.2025

## Details of latest debt-to-Gross State Domestic Product (GSDP) ratio of States and Union Territories

(in percent)

| State/UT             |   FY 2024-25 (BE) |
|----------------------|-------------------|
| 1. Andhra Pradesh    |              34.7 |
| 2. Arunachal Pradesh |              57   |
| 3. Assam             |              27.5 |
| 4. Bihar             |              37.3 |
| 5. Chhattisgarh      |              29.1 |
| 6. Goa               |              30.2 |
| 7. Gujarat           |              17.9 |
| 8. Haryana           |              30.4 |
| 9. Himachal Pradesh  |              45.2 |
| 10. Jharkhand        |              26.6 |
| 11. Karnataka        |              26.5 |
| 12. Kerala           |              36.8 |
| 13. Madhya Pradesh   |              31.6 |
| 14. Maharashtra      |              19   |
| 15. Manipur          |              36.7 |
| 16. Meghalaya        |              39   |
| 17. Mizoram          |              31.6 |
| 18. Nagaland         |              40   |
| 19. Odisha           |              16.3 |
| 20. Punjab           |              46.6 |
| 21. Rajasthan        |              35.8 |
| 22. Sikkim           |              35   |
| 23. Tamil Nadu       |              30.3 |
| 24. Telangana        |              26.2 |
| 25. Tripura          |              27.9 |
| 26. Uttar Pradesh    |              31.8 |
| 27. Uttarakhand      |              24.2 |
| 28. West Bengal      |              38   |
| 29. Jammu &Kashmir   |              33.6 |
| 30. NCT Delhi        |               1.3 |
| 31. Puducherry       |              26.8 |