Tamil Nadu Budget: State’s outstanding debt pegged at ₹10.98 lakh crore in Revised Budget Estimates
Tamil Nadu Finance Minister Marie Wilson presented the Revised Budget Estimates for 2026-27, pegging the state's outstanding debt at ₹10.98 lakh crore. The budget includes new social welfare initiatives and adjustments to revenue projections based on fiscal management reviews.
Why it matters
The budget provides insight into the state's fiscal health and the economic priorities of the current administration, including infrastructure and social welfare spending.
Tamil Nadu Finance Minister N. Marie Wilson on Wednesday (August 5, 2026) said the overall outstanding debt of the State is estimated to be ₹10,98,768 crore in the Revised Budget Estimates (RBE) 2026-27 as against ₹10,99,458 crore in the Interim Budget Estimates (IBE) 2026-27.
Presenting the Revised Budget for 2026-27 in the Legislative Assembly, Mr. Wilson said the outstanding debt includes Public Debt and the Public Account Liability of the State. “It may be noted that the Public Debt includes an amount of ₹9,523 crore, which should be reflected in the accounts of the Union government after the approval of the Chennai Metro Rail Phase II project as a Central Sector Project ,” he said.
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