Tamil Nadu government raised Rs 12,044 crore in borrowings in July, mainly through the issuance of debt securities and loans from banks, according to figures cited in the report.
For the current financial year, the state’s total revenue from April to July is reported at Rs 89,718 crore. This includes tax revenue of Rs 82,566 crore, non-tax revenue of Rs 4,070 crore, and central grants of Rs 3,082 crore.
During the same four-month period, total expenditure is stated at Rs 1.23 lakh crore, resulting in a revenue deficit of Rs 25,267 crore. Among major spending heads, interest payments on existing debt amounted to Rs 21,176 crore, while pension expenditure stood at Rs 17,237 crore.
With expenditure exceeding receipts, the government has been borrowing to fund various programmes. The report said total borrowing in the first four months of the financial year reached Rs 32,925 crore, up from Rs 20,881 crore as of June, indicating that Rs 12,044 crore was added in the last month alone.
For comparison, in 2025–26, the state’s revenue from April to July was Rs 85,876 crore and expenditure was Rs 1.09 lakh crore, while borrowing during that period was Rs 30,956 crore, the report noted.
