Mumbai, March 7 Maharashtra's total outstanding debt is projected to reach Rs 11,02,654 crore in the 2026-27 financial year, up from Rs 9,73,989 crore in the revised estimates for 2025-26, according to the state government's 'Budget in Brief', released on Saturday.
According to the document, revenue receipts for 2026-27 are estimated at Rs 6,16,098 crore, while revenue expenditure is projected at Rs 6,56,651 crore, resulting in a revenue deficit of Rs 40,552 crore.
The fiscal deficit for the year is projected at Rs 1,50,491 crore, which the government said would remain within the prescribed limit of around 3 per cent of the Gross State Domestic Product (GSDP).
The document also shows that a significant portion of the state's revenue will continue to be spent on committed expenditures such as salaries, pensions, and interest payments.
At the same time, the government has proposed capital expenditure of around Rs 1.2 lakh crore in 2026-27, reflecting its focus on infrastructure development and economic growth.
