Telangana Govt to raise ₹13,000 cr in third quarter of FY 2026-27
The Telangana government plans to raise ₹13,000 crore through open market auctions during the third quarter of the 2026-27 fiscal year. This move aims to manage state debt while remaining within the borrowing limits set by the Union Finance Ministry.
Why it matters
It highlights the fiscal management strategies of Indian states and the ongoing reliance on debt restructuring to meet capital expenditure requirements.
The Telangana Government has proposed to raise ₹13,000 crore from the open market during the third quarter of the current financial year (2026-27) amid apprehensions that it is likely to cross the borrowing limits set by the Union Finance Ministry with one more quarter to go.
The State government, in its indent submitted to the Reserve Bank of India (RBI), indicated that it will raise ₹3,4,500 crore in October, ₹4,500 crore in November and ₹4,000 crore in December through auction of securities. This will take the total borrowings of the current year to ₹59,400 crore as the government has already raised ₹18,900 crore and ₹27,500 crore during the first and second quarters of the current fiscal.
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