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₹10.7 trillion raised in state govts' securities in FY2025, marking an uptick of 6.6 per cent
The Statesman Kolkata
|March 29, 2025
Twenty-seven state governments and 2 Union Territories, excluding Tripura, have raised Rs 10.7 trillion state government securities (SGS) in FY2025, said a recent report by rating agency firm ICRA.
Notably, this is 6.6% higher than the Rs. 10.1 trillion issued in FY2024.
However, the actual SGS issuances in FY2025 were a massive Rs. 2.4 trillion below the indicated amount, amid shortfall in all the months, except August and March.
The SGS issuances in both March 2024 and 2025 exceeded the planned amount by a considerable degree.
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