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Document - Table 177: State-wise Outstanding Guarantees of State Governments () or PDF - Table 177: State-wise Outstanding Guarantees of State Governments ()
Date : Dec 11, 2025
Table 177: State-wise Outstanding Guarantees of State Governments
(As at end-March)
(₹ Crore)
State/Union Territory 2008 2009 2010 2011 2012 2013 2014 2015 2016
Andhra Pradesh 14,668.7 15,972.6 13,135.1 12,290.1 12,286.2 14,856.8 31,153.2 10,675.3 7,058.5
Arunachal Pradesh 1.0 0.6 0.9 - 1.6 1.6 1.6 1.0 1.0
Assam 951.3 795.9 298.5 - 259.0 114.2 89.6 143.1 143.1
Bihar 556.2 744.2 978.7 632.0 1,195.7 1,200.8 1,201.8 2,148.7 4,838.6
Chhattisgarh 480.6 895.2 3,371.3 2,849.5 2,654.1 2,694.9 3,358.3 2,314.5 1,988.2
Goa - - - - - - - - -
Gujarat 11,317.6 10,026.8 9,666.8 8,660.8 7,448.7 6,195.0 6,549.3 5,983.8 5,236.2
Haryana 4,401.8 4,575.4 4,536.0 4,527.6 5,601.5 20,732.8 27,306.1 30,387.7 16,876.3
Himachal Pradesh 2,632.1 2,290.8 1,949.2 3,909.9 3,316.4 3,353.4 4,332.9 4,281.3 3,714.4
Jharkhand - - 500.0 - - 157.2 157.2 157.2 157.2
Karnataka 10,786.4 8,693.0 7,203.1 6,617.7 6,639.5 6,687.8 7,782.7 11,032.8 13,324.4
Kerala 8,317.3 7,603.3 7,495.0 7,425.8 8,277.4 9,099.5 9,763.4 11,126.9 12,438.5
Madhya Pradesh 855.7 1,930.1 1,629.6 5,110.5 5,605.0 7,719.5 9,977.6 20,124.3 27,530.4
Maharashtra 58,275.6 51,470.6 42,683.1 15,040.9 15,040.9 9,245.7 7,234.6 7,999.5 7,807.1
Manipur 211.0 273.6 194.8 - 175.4 191.4 215.3 193.0 339.5
Meghalaya 750.6 990.3 953.7 1,110.8 1,293.2 1,285.2 1,610.6 1,173.8 1,042.2
Mizoram 152.6 120.0 102.8 102.8 232.2 223.1 108.4 96.9 100.2
Nagaland - - 10.9 46.4 65.2 70.2 70.2 70.2 70.2
Odisha 2,168.4 1,386.4 1,026.9 2,066.2 2,510.4 2,251.2 1,705.3 1,671.8 1,290.3
Punjab 11,014.4 25,868.3 33,294.8 40,332.8 45,713.8 58,102.1 58,802.2 66,893.3 56,751.6
Rajasthan 19,769.7 27,765.5 39,068.9 50,691.9 60,711.1 75,546.4 85,911.3 94,577.8 53,620.1
Sikkim 75.0 75.0 77.6 276.4 164.2 187.7 122.1 112.1 89.2
Tamil Nadu 5,409.9 4,632.6 6,296.8 15,954.8 9,751.3 24,070.5 49,499.3 53,697.6 51,585.7
Telangana - - - - - - - 18,265.2 26,618.7
Tripura 35.6 29.5 29.5 35.6 115.7 193.3 187.8 241.5 287.8
Uttar Pradesh 13,360.0 16,084.0 20,038.1 20,162.0 21,752.0 43,336.7 62,822.3 70,739.6 57,618.4
Uttarakhand 1,676.6 1,801.6 1,511.0 1,511.0 1,739.4 1,570.1 1,474.6 1,831.9 1,743.3
West Bengal 13,680.0 12,016.5 10,394.3 11,984.3 10,221.1 8,846.1 4,645.4 9,386.0 8,857.6
Jammu & Kashmir 2,806.6 2,536.8 3,036.9 2,708.1 2,098.3 610.7 2,714.4 2,859.6 2,826.9
NCT Delhi - - - - - - - - -
Puducherry - - - - - - - 0.3 -
All States and UTs 1,84,355.0 1,98,578.2 2,09,484.3 2,14,048.0 2,24,869.4 2,98,543.8 3,78,797.1 4,28,186.5 3,63,955.6
Per cent of GDP 3.8 3.6 3.3 2.8 2.6 3.0 3.4 3.4 2.6

TABLE 177: STATE-WISE OUTSTANDING GUARANTEES OF STATE GOVERNMENTS (Concld.)
(As at end-March)
(₹ Crore)
State/Union Territory 2017 2018 2019 2020 2021 2022 2023 (A) 2024 (RE) 2025 (BE)
Andhra Pradesh 9,664.9 35,964.1 54,252.5 77,782.8 1,08,936.3 1,17,503.1 1,19,936.0 1,55,075.3 -
Arunachal Pradesh 1.0 1.0 1.0 1.1 1.0 1.0 8.7 10.6 1.7
Assam 130.0 90.2 85.0 83.4 77.7 311.8 1,166.5 2,241.3 -
Bihar 4,637.6 5,174.5 5,397.9 5,379.6 16,080.0 24,654.9 25,256.7 26,715.3 32,567.2
Chhattisgarh 3,983.0 3,881.9 10,770.3 18,459.4 19,836.1 19,499.9 20,957.5 21,904.9 28,624.7
Goa - 740.9 - - - - - - -
Gujarat 4,804.1 4,834.0 4,733.0 4,494.0 3,691.0 3,089.0 1,473.0 1,464.0 20,000.0
Haryana 8,243.9 14,137.7 18,219.9 20,737.6 23,053.2 24,342.6 23,058.1 - -
Himachal Pradesh 4,550.4 4,306.8 1,776.9 1,880.0 2,141.8 1,884.6 1,780.6 - -
Jharkhand 157.2 157.2 1,553.4 - 2,220.4 4,222.4 4,998.4 4,998.4 4,998.4
Karnataka 15,392.4 18,415.6 24,091.4 26,830.0 32,733.0 33,192.0 38,356.0 44,150.5 -
Kerala 16,245.6 17,356.5 26,834.7 27,757.0 36,601.0 44,369.9 50,374.5 - -
Madhya Pradesh 33,396.8 30,751.1 30,916.8 30,929.6 36,997.3 35,005.5 39,788.5 44,314.9 -
Maharashtra 7,305.8 26,657.7 25,134.9 41,179.1 40,613.3 51,263.4 49,632.8 - -
Manipur 403.4 513.7 475.1 411.6 598.3 1,840.1 1,177.2 1,177.2 1,177.2
Meghalaya 983.1 814.2 1,150.3 1,120.1 3,061.0 3,059.6 2,977.5 2,906.0 -
Mizoram 124.0 89.6 74.2 0.8 86.3 73.7 68.5 68.5 68.5
Nagaland 81.2 118.3 10,719.1 250.6 149.0 190.0 190.0 228.6 228.6
Odisha 2,256.1 1,710.5 4,169.1 3,532.5 7,068.4 6,140.9 5,134.9 3,435.4 -
Punjab 20,608.2 21,265.9 4,778.0 22,251.5 19,721.6 20,422.3 20,207.9 22,035.7 -
Rajasthan 51,158.9 61,760.9 70,430.1 80,631.3 82,612.5 95,868.1 1,04,832.4 - -
Sikkim 441.5 564.8 3,455.0 3,749.3 3,844.2 4,878.4 4,443.7 4,321.0 4,321.0
Tamil Nadu 29,145.3 34,617.9 43,661.1 47,318.9 65,659.0 91,975.4 90,709.2 - -
Telangana 29,964.8 39,800.0 77,314.9 89,600.8 1,05,006.7 1,35,282.5 2,14,705.2 2,20,606.6 2,20,606.6
Tripura 312.5 327.7 4.5 734.6 771.4 634.3 579.9 602.2 633.5
Uttar Pradesh 55,825.5 90,547.6 1,09,845.9 1,13,818.2 1,53,835.7 1,71,705.1 1,70,780.5 - -
Uttarakhand 1,258.0 1,173.2 1,311.2 582.4 728.7 374.3 117.0 119.0 119.0
West Bengal 7,817.2 8,541.5 6,593.3 8,212.2 7,727.7 16,884.6 13,155.9 12,839.7 -
Jammu & Kashmir 2,635.9 5,321.0 - 5,351.0 5,351.0 12,328.8 24,867.9 - -
NCT Delhi - - - - - - - - -
Puducherry - 51.7 51.7 44.3 40.0 31.0 - - -
All States and UTs 3,11,528.3 4,29,687.6 5,37,800.9 6,33,123.5 7,79,243.5 9,21,029.0 10,30,735.2 5,69,214.9 3,13,346.4
Per cent of GDP 2.0 2.5 2.8 3.1 3.9 3.9 3.8 1.9 1.0
-: Not Available. A: Actual. RE: Revised Estimates. BE: Budget Estimates.
Source: State Finances: A Study of Budgets, Reserve Bank of India, various issues.