hyperbole Posted October 9, 2019 Report Posted October 9, 2019 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 1 Quote
hyperbole Posted October 9, 2019 Author Report Posted October 9, 2019 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 Quote
Migilindi23 Posted October 9, 2019 Report Posted October 9, 2019 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? Quote
hyperbole Posted October 9, 2019 Author Report Posted October 9, 2019 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 Quote
Migilindi23 Posted October 9, 2019 Report Posted October 9, 2019 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? Quote
lovemystate Posted October 10, 2019 Report Posted October 10, 2019 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 Quote
snoww Posted October 10, 2019 Report Posted October 10, 2019 Thank you baboru. Mee vision Valle idi antha. Quote
Migilindi23 Posted October 10, 2019 Report Posted October 10, 2019 3 minutes ago, snoww said: Thank you baboru. Mee vision Valle idi antha. Kaka, nuvaina seppu 2014 la yentha appu? Quote
Android_Halwa Posted October 10, 2019 Report Posted October 10, 2019 Bright spot in the glooming economy.....Gateway to South..!!! Quote
boeing747 Posted October 10, 2019 Report Posted October 10, 2019 jagganna will clear all appulu with his wealth Quote
hyperbole Posted October 10, 2019 Author Report Posted October 10, 2019 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 Quote
Migilindi23 Posted October 10, 2019 Report Posted October 10, 2019 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 Quote
andhrano1 Posted October 10, 2019 Report Posted October 10, 2019 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 Quote
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