Q. What is Karnataka's projected total debt by 2025-26?
Answer: ₹7.64 to ₹8.14 lakh crore
Notes: Karnataka's total liabilities are projected between ₹7.64 lakh crore to ₹8.14 lakh crore by FY 2025-26. These figures represent 24.9% to 26.5% of the Gross State Domestic Product (GSDP). The debt rise is attributed to increased borrowing for welfare and development. The Reserve Bank of India (RBI) estimates the figure higher due to different debt classifications. The state government’s projection is ₹7,64,655 crore. Karnataka's debt-to-GSDP ratio remains within permissible limits as per state claims. Karnataka's fiscal data is updated annually by state budget announcements and RBI reports.
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