Gandhinagar, February 19 Gujarat's total public debt has risen to ₹3,99,633 crore in 2024-25, according to revised estimates, the state assembly was informed on Thursday.
This was announced by Finance Minister Kanubhai Desai during the Question Hour of the ongoing Budget session in response to a written query from Congress MLA Shailesh Parmar, who sought year-wise information on the state's total debt and the amount paid towards principal and interest.
In a written reply presented in the House, Desai said that Gujarat's total public debt stood at ₹3,52,718 crore in the financial year 2023-24, and, according to revised estimates for 2024-25, it had increased to ₹3,99,633 crore, an increase of ₹46,915 crore.
Desai, in his reply, said that the state paid ₹24,964 crore as interest on its debt, while ₹26,136 crore was repaid towards the principal amount in 2023-24.
For 2024-25 (revised estimates), the government said it has paid ₹25,945 crore towards interest and ₹29,086 crore towards principal repayment.
The Gujarat government presented its Budget for 2026-27 on Wednesday. The total outlay stood at ₹4.08 lakh crore.
