Shimla, March 17 -- Himachal Pradesh's Chief Minister Sukhvinder Singh Sukhu has provided details regarding the state's loan situation and its financial management. As of today, the state has accumulated a debt of Rs 104,729 crore, with Rs 29,046 crore borrowed in the last two years. Out of this, Rs 8,093 crore has been allocated for developmental works.
Presenting the 2025-26 annual budget estimates, the Chief Minister stated that a significant portion of the borrowed funds-around 70 percent-has been used for repaying interest and clearing previous loans. In the past two years, the state government has repaid Rs 12,266 crore in interest and Rs 8,087 crore in loan payments.
The Chief Minister further explained that the state's loan burden...