10 year Debt comparison for all Indian states and analysis

Last Updated: 15 Feb 2024

Delhi is only state which reduced its Debt, that too DOWN by 56.27%

All states' debt March 2014 vs March 2023[1][2]

Ordered in Debt Jump in Increasing Order

Center's Debt also 3x in last decade: Growing Debt during Modi's rule[AAP Wiki]

Index State/UT March 2014
(Lakh Crores)		 2023
(Lakh Crores)		 Change
1 NCT Delhi 32,531.80 14,225.20 - 56.27%
2 Jammu and Kashmir 44,818.60 73,175.00 63.27%
3 Puducherry 6,631.80 12,371.80 86.55%
4 Nagaland 8,352.00 17,085.20 104.56%
5 Mizoram 6,215.50 12,880.00 107.22%
6 Maharashtra 3,09,327.10 6,53,197.00 111.17%
7 Andhra Pradesh 1,96,202.40 4,28,715.70 118.51%
8 Gujarat 1,88,517.60 4,21,018.20 123.33%
9 West Bengal 2,59,011.70 5,96,725.20 130.39%
10 Goa 13,277.00 30,743.20 131.55%
11 Manipur 7,088.60 17,376.40 145.13%
12 Himachal Pradesh 33,877.60 86,639.20 155.74%
13 Odisha 50,470.80 1,29,872.90 157.32%
14 Uttar Pradesh 2,66,244.70 6,93,577.10 160.50%
15 Uttarakhand 30,305.20 80,120.40 164.38%
16 Tripura 8,736.40 23,360.50 167.39%
17 Meghalaya 6,586.00 18,845.10 186.14%
18 Punjab 1,02,297.50 3,16,346.10 209.24%
19 Kerala 1,25,678.30 3,89,312.30 209.77%
20 Jharkhand 37,840.40 1,18,855.50 214.10%
21 Bihar 88,622.70 2,93,850.50 231.57%
22 Madhya Pradesh 96,359.00 3,65,624.40 279.44%
23 Haryana 79,608.80 3,05,586.90 283.86%
24 Karnataka 1,38,976.50 5,35,408.10 285.25%
25 Rajasthan 1,28,187.30 4,99,529.00 289.69%
26 Sikkim 3,342.70 13,331.40 298.82%
27 Arunachal Pradesh 4,708.50 18,850.40 300.35%
28 Assam 30,967.20 1,26,281.40 307.79%
29 Tamil Nadu 1,79,567.80 7,41,497.70 312.93%
30 Chhattisgarh 26,075.60 1,09,664.10 320.56%
31 Telangana 72,658.10
(Starting March 2015)		 352,061.00 427.27%
(Adjusted for 10 year)

References:

  1. https://docs.google.com/spreadsheets/d/1mMNIxn0AIrArh3OtowZBvr_W0x22mshfh--DywHflOc (Refer Google Sheet for all collated data) ↩︎

  2. https://cimsdbie.rbi.org.in/DBIE/#/dbie/reports/Statistics/Public Finance/State Govt. Finance ↩︎