ReferIndia News Maharashtra News: State Debt Nears ₹11 Lakh Crore As Over ₹2 Lakh Crore In Tax Arrears Remain Unrecovered

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Maharashtra News: State Debt Nears ₹11 Lakh Crore As Over ₹2 Lakh Crore In Tax Arrears Remain Unrecovered

Published on: March 7, 2026, 10:59 p.m. | Source: Free Press Journal

Maharashtra’s debt is expected to cross ₹11 lakh crore next year, while over ₹2 lakh crore in pending tax revenue remains unrecovered. Budget documents also highlight rising liabilities, state guarantees, off-budget borrowings and unpaid dues to contractors, raising concerns over the state’s fiscal health.

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