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Document - Statement 46: Debt/Interest Relief availed by eligible States under Debt Consolidation and Relief Facility recommended by the Twelfth Finance Commission () or PDF - Statement 46: Debt/Interest Relief availed by eligible States under Debt Consolidation and Relief Facility recommended by the Twelfth Finance Commission ()
Date : Dec 13, 2007
Statement 46: Debt/Interest Relief availed by eligible States under Debt Consolidation and Relief Facility recommended by the Twelfth Finance Commission

(As on August 30, 2007)

(Rs. crore)

State

Debt Consolidation

2005-06

2006-07

 

 

Debt Relief

Interest Relief

Debt Relief

Interest Relief

1

2

3

4

5

6

 

1.

Andhra Pradesh

14,062

483

553

703

527

 

2.

Arunachal Pradesh

404

–

17

20

16

 

3.

Assam

2,108

–

72

–

50

 

4.

Bihar

7,699

–

306

–

284

 

5.

Chhattisgarh

1,865

93

71

93

66

 

6.

Goa * #

404

–

–

20

17

 

7.

Gujarat

9,437

316

378

472

357

 

8.

Haryana

1,933

97

77

–

69

 

9.

Himachal Pradesh

906

27

37

45

34

 

10.

Jammu and Kashmir

–

–

–

–

–

 

11.

Jharkhand

–

–

–

–

–

 

12.

Karnataka

7,166

358

292

358

276

 

13.

Kerala

4,177

–

168

–

156

 

14.

Madhya Pradesh

7,261

363

288

363

273

 

15.

Maharashtra

6,799

–

271

340

237

 

16.

Manipur

751

38

30

38

17

 

17.

Meghalaya #

298

–

–

15

12

 

18.

Mizoram #

259

–

–

13

11

 

19.

Nagaland

317

–

13

16

12

 

20.

Orissa

7,638

382

314

382

197

 

21.

Punjab $

3,068

64

131

68

134

 

22.

Rajasthan

6,174

309

224

309

195

 

23.

Sikkim

–

–

–

–

–

 

24.

Tamil Nadu

5,266

263

213

263

195

 

25.

Tripura

445

22

19

–

18

 

26.

Uttarakhand

262

–

7

13

6

 

27.

Uttar Pradesh

21,278

1,064

910

1,064

836

 

28.

West Bengal

–

–

–

–

–

 

All States

1,09,977

3,879

4,392

4,595

3,995

* : Excluding loans of Rs.239.22 crore pertaining to ex-UT period.
‘–’ : Not applicable.
# : Consolidation done w.e.f. 2006-07 as these States enacted their FRL during 2006-07.
$ : State’s entitlement of debt waiver for 2006-07 was Rs.153.39 crore.
The balance of Rs.85.89 crore will be provided in 2007-08.
Note
: 1. Twenty-six States have enacted Fiscal Responsibility Legislation (FRL).
2. Proposal for consolidation of Central loans in respect of Jammu and Kashmir and Jharkhand are under consideration.
3. Debt Relief was provided to fourteen eligible States during 2005-06 and to nineteen eligible States during 2006-07.
Source : Ministry of Finance, Government of India.