Odisha's loan burden saw a marginal fall by the end of 2013-14 to Rs 37,570.89 crore from Rs 37,980.13 crore a year ago.
According to a written statement issued in the assembly by the state finance minister Pradip Amat, the state's loan burden has been consistently declining since 2010-11 when the debt load stood at Rs 39,136.91 crore.
The state's overall debt fell to Rs 38,589.37 crore in 2011-12 and further to Rs 37,980.13 crore by the end of 2012-13.
The per capita debt in the state has also been on a decline since 2010-11 dropping to Rs 8,657 crore by the end of FY14 as against Rs 9,385 crore by the close of 2010-11.
The minister said the current fiscal's interim state Budget has projected a borrowing of Rs 6,434.21 crore from the open market, Rs 2,049 crore from the Government of India, Rs 300 crore from the National Small Savings Fund (NSSF), Rs 2,000 crore from National Bank for Agriculture & Rural Development (Nabard) and Rs 10 crore from Rural Electrification Corporation (REC).