| Year (end-March) | Domestic Liabilities of the Centre | External Liabilities of the Centre | Total Liabilities of the Centre (2+3) | Total Liabilities of the States | Combined Domestic Liabilities of Centre & States | Combined Total Liabilities of Centre & States (3+6) |
Notes : 1. Data for 2023-24 are Revised Estimates and data for 2024-25 are Budget Estimates. 2. External liabilities of the Centre are at current exchange rate. 3. Total liabilities of the States, Combined domestic liabilities of Center & States and Combined total liabilities of the Centre & States have been revised to include ‘reserve funds’, ‘deposits and advances’ and ‘contingency fund’ of State Governments. 4. The combined liabilities of the Central and State government are calculated by including the adjustments for inter-governmental transactions and is not equal to arithmetic sum of the Central and State governments liabilities. Sources : 1. Budget documents of the Government of India and the State Governments. 2. Status Paper on Government Debt, Department of Economic Affairs, Ministry of Finance. 3. Quarterly Report on Public Debt Management, Department of Economic Affairs, Ministry of Finance. 4. Combined Finance and Revenue Accounts of the Union and the State Governments in India. |