PANAJI
Goa’s public debt is projected to rise to Rs 30,945.32 cr by March 31 up from Rs 26,605.28 cr a year earlier, according to the Economic Survey 2025–26 tabled in the State Legislative Assembly on Friday.
The Survey states that the State’s public debt comprises central loans and liabilities under the National Small Savings Fund (NSSF), market borrowings, and loans from institutions such as LIC, NCDC, NABARD, PFC, HUDCO, EDC and SIDBI.
The Economic Survey also noted that the State government has estimated its internal debt at Rs 3,872.52 cr for the financial year 2025–26.
As per the Budget Estimates for 2025–26, Goa’s revenue receipts are projected at Rs 2,703.26 cr, marking an increase of 6.68 per cent compared to the revised estimates of 2024–25.
The State is expected to post a revenue surplus of Rs 2,403.72 cr, while the fiscal deficit is estimated at Rs 2,826.45 cr. Capital receipts for the year are projected at Rs 5,664.65 cr.
Also, the Revenue expenditure is estimated at Rs 20,299.54 crore in 2025–26, reflecting significant growth compared to earlier years.
The Capital receipts are projected at Rs 5,664.65 crore in 2025–26, a 64.43% increase compared to 2023–24. These include internal debt, central loans and advances, and public account receipts. Whereas the capital expenditure is estimated at Rs 7,363.09 crore in 2025–26, up 48.26% from Rs 4,966.23 crore in 2023–24. This includes capital spending, debt repayment, and lending.
The survey further stated that the State has availed Rs 1,405.58 cr under the Central government’s ‘Scheme for Special Assistance to States for Capital Investment 2025–26’ as of January 31. The assistance is provided as a 50-year interest-free loan aimed at boosting capital investment by states.
As per ES, the State’s own tax revenue is estimated at Rs 9,743.17 crore in 2025–26, reflecting a 67.83% increase compared to 2021–22.
Meanwhile, Goa has achieved Aadhaar coverage of 16,39,175 residents, recording a penetration rate of 103.03 per cent as of December 31, 2025, the survey added.
