Telangana debt profile healthy - lowest in the country: RBI

[hyperbole]

Telangana has second lowest debt to GSDP ratio of 17 per cent among States

 

Large States With The Lowest Debt To GDP

(In %)

 

State	FY20 (BE)
Assam	18.9
Gujarat	19.2
Karnataka	18.7
Maharashtra	16.9
Telangana	17.0

Source: RBI

 

Large States With The Highest Debt To GDP Ratio

(In %)

 

State	FY20 (BE)
Punjab	39.9
Uttar Pradesh	38.1
Himachal Pradesh	34.9
Rajasthan	33.6
West Bengal	32.6

Source: RBI

 

A study report by the Reserve Bank of India (RBI) titled ‘State Finance-A study of Budgets of 2019-20’ released on Monday said that elongation of maturity structure of debt profile by Telangana State was a preferred strategy to limit roll-over risk in debt structure.

Data included in the RBI report shows that the debt performance across large states varies widely. Despite repeated attempts, investors in state government securities do not differentiate much between states based on their individual performance.

With no incentives for prudence or better performance, a number of large states are now running higher debt-to-GDP ratios.

Among larger states, Punjab has the worst debt-to-GDP ratio of 39.9 percent, followed by Uttar Pradesh, where debt levels have hit 38.1 percent of GDP. Himachal Pradesh, Rajasthan and West Bengal also have debt-to-GDP ratios far higher than the threshold.

In contrast, Assam, Gujarat, Karnataka, Maharashtra and Telangana have the lowest debt-to-GDP ratios among larger states.

In addition to the debt-to-GDP across states, the RBI also flagged off the increase in guarantees given by the state. Data obtained from the Comptroller and Auditor General and from state finance departments shows that the quantum of guarantees given jumped sharply by 37.7 percent in 2017-18 to 2.5 percent of GDP.

“In terms of the sectoral distribution of exposure, the power sector remains dominant – accounting for over 60 per cent of total outstanding guarantees, on average. For a few states, it accounted for over 80 per cent – followed by the transport sector,” the RBI said.

Read more at: https://www.bloombergquint.com/economy-finance/20-indian-states-have-debt-levels-higher-than-threshold-shows-rbi-state-finances-report
Copyright © BloombergQuint

link to the RBI report : https://rbidocs.rbi.org.in/rdocs/Publications/PDFs/STATEFINANCE201920E15C4A9A916D4F4B8BF01608933FF0BB.PDF

[Hydrockers]

Mari AP ?

[hyperbole]

6 minutes ago, Hydrockers said:

Mari AP ?

worst top 6, 2.58 lakh cr appu unnadi ..ee year tho it will touch 3 lakh cr. jaggu gani navaratnalu, rtc veelinamu - grama volunteerlu, mandu bandu lantivi MG tayi course correction chesukoka pote. revenue sources increase chesukovali already bankulu appulu eyyamu antunnayi and GST revenues kuda taggu mokamu padutunnayi over all ga India wide

[Migilindi23]

2 minutes ago, hyperbole said:

worst top 6, 2.58 lakh cr appu unnadi ..ee year tho it will touch 3 lakh cr. jaggu gani navaratnalu, rtc veelinamu - grama volunteerlu, mandu bandu lantivi MG tayi course correction chesukoka pote

3 lakh cr appu getla ayindu?do you have the term by term?

[hyperbole]

Just now, Migilindi23 said:

3 lakh cr appu getla ayindu?do you have the term by term?

Andhra Pradesh had outstanding debt of Rs 2.52 lakh crore last fiscal, which is expected to rise to Rs 3 lakh crore during the current fiscal. Further, the bank said the outstanding guarantees of Andhra witnessed a sharp rise from Rs 9,665 crore in FY17 to Rs 35,964 crore in FY18. 
 

Read more at:
//economictimes.indiatimes.com/articleshow/71485661.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

[Migilindi23]

11 minutes ago, hyperbole said:

Andhra Pradesh had outstanding debt of Rs 2.52 lakh crore last fiscal, which is expected to rise to Rs 3 lakh crore during the current fiscal. Further, the bank said the outstanding guarantees of Andhra witnessed a sharp rise from Rs 9,665 crore in FY17 to Rs 35,964 crore in FY18. 
 

Read more at:
//economictimes.indiatimes.com/articleshow/71485661.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

What was it when the state was bifurcated?

[lovemystate]

Purpose of telangana is to transfer Telugu people wealth to Delhi.. having said that these numbers are rubbish and telangana is known to produce rubbish figures

[BeerBob123]

Vachindra langas

[snoww]

Thank you baboru. Mee vision Valle idi antha. 

[Migilindi23]

3 minutes ago, snoww said:

Thank you baboru. Mee vision Valle idi antha. 

Kaka, nuvaina seppu 2014 la yentha appu?

[Android_Halwa]

Bright spot in the glooming economy.....Gateway to South..!!! 

[boeing747]

jagganna will clear all appulu with his wealth

[hyperbole]

27 minutes ago, Migilindi23 said:

Kaka, nuvaina seppu 2014 la yentha appu?

1.4 lakh crores debt in 2015 as per this article 

http://www.newindianexpress.com/states/andhra-pradesh/2019/jun/26/andhra-pradesh-debt-shot-up-by-35-per-cent-says-finance-minister-nirmala-sitharaman-1995551.html

basically AP got in the debt trap as they are borrowing more to repay existing debt or the guarantees made by the govt. the government is finding it difficult to find new avenues of growth (amaravati was the hail mary pass but it failed to take off). Agriculture revenue improved but that is not enough to offset the burden of existing loans. welfare schemes are widening the gap by the day

[Migilindi23]

3 minutes ago, hyperbole said:

1.4 lakh crores debt in 2015 as per this article 

http://www.newindianexpress.com/states/andhra-pradesh/2019/jun/26/andhra-pradesh-debt-shot-up-by-35-per-cent-says-finance-minister-nirmala-sitharaman-1995551.html

basically AP got in the debt trap as they are borrowing more to repay existing debt or the guarantees made by the govt. the government is finding it difficult to find new avenues of growth. Agriculture revenue improved but that is not enough to offset the burden of existing loans.

Thanks bob

[andhrano1]

1 hour ago, Hydrockers said:

Mari AP ?

when bob handovered 1.48 lakh cr in june 2014....2.52lakh cr in apr 2019 jaganhandovered..

 

when kcr handovered 70k cr in june 2014....now 2.83 lakh cr