Hyderabad, Nov. 11 -- Telangana's outstanding off-budget borrowing liabilities reached Rs 1,20,944 crore by the end of 2023-24, according to a report by the World Bank.

It is nearly 9 per cent of the state's Gross State Domestic Product (GSDP).

The report, titled 'A Study of Off-Budget Borrowings in India for the 16th Finance Commission' has also highlighted inconsistencies in the reporting of such borrowings by Telangana government entities.

In 2023-24, Telangana's GSDP stood at Rs 13,61,395 crore, while its fresh off-budget borrowings during the year was Rs 2,303 crore.

In 2022, six state government entities that had earlier reported borrowings on behalf of the government showed zero outstanding off-budget liabilities, the report po...