3 months ago
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The Budget for the fiscal twelvemonth 2026-27 reveals that Andhra Pradesh is navigating a analyzable fiscal landscape. The authorities seems to beryllium progressively relying connected “off-budget” mechanisms, specifically State-backed guarantees, to money its indispensable machinery.
Finance Minister Payyavula Keshav connected Saturday presented the ‘Statement of Government Guarantees’ arsenic a portion of the 2026-27 Budget. The full guaranteed magnitude availed arsenic of December 31, 2025, touched ₹3,11,182.28 crore.
The fund papers revealed that portion guarantees issued by the State Government transcend ₹3.11 lakh crore successful sanctioned exposure, the existent outstanding main against these guarantees stood astatine ₹1,77,033.88 crore.
In addition, outstanding involvement liabilities magnitude to ₹294.60 crore arsenic connected the reporting date.
A important information of the vulnerability includes guarantees that are yet to travel into force.
An magnitude of ₹27,000 crore nether “Conditional Guarantees,” bespeak commitments that volition go operational lone upon the fulfilment of specified conditions. Of this, ₹25,000 crore pertains to the A.P. State Development Corporation (APSDC), portion ₹2,000 crore relates to the A.P. Road Development Corporation (APRDC).
The Energy Department accounts for a large portion, with outstanding main of ₹41,888.66 crore and bonds amounting to ₹14,198.80 crore. The Consumer Affairs, Food and Civil Supplies Department has an outstanding main of ₹38,748.45 crore, portion the Agriculture & Cooperation Department accounts for ₹14,454.27 crore successful outstanding principal.
Other important liabilities see the Excise Department (A.P. State Beverages Corporation Ltd.) with ₹15,222.07 crore successful outstanding principal, and the Water Resources Department with ₹8,155.06 crore. The MA&UD Department besides holds a important liability, with ₹11,200.66 crore outstanding successful main and ₹1,100 crore successful bonds.
Regarding the broader indebtedness position, the State’s liabilities see loans from assorted fiscal institutions. Specifically, the outstanding indebtedness to the National Bank for Agriculture and Rural Development (NABARD) is ₹8,506.90 crore.
These figures, presented alongside the guarantees, supply a broad presumption of the State’s full fiscal commitments arsenic of year-end 2025.
