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India vs West Bengal โ€” Budget Comparison 2024-25

How does West Bengal's state budget compare with the Union Budget for FY 2024-25?

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Centre vs State โ€” Key Budget Metrics 2024-25

Total Expenditure

India (Union)

Rs 46.33 lakh crore

West Bengal

Rs 3.04 lakh crore

India (Union) is +1423.6% higher
Total Receipts

India (Union)

Rs 31.02 lakh crore

West Bengal

Rs 2.36 lakh crore

India (Union) is +1213.0% higher
Capital Expenditure

India (Union)

Rs 10.68 lakh crore

West Bengal

Rs 35,866 crore

India (Union) is +2878.2% higher
Tax Revenue

India (Union)

Rs 25.05 lakh crore

West Bengal

Rs 1.02 lakh crore

India (Union) is +2347.8% higher
Fiscal Deficit (% GDP)

India (Union)

4.8%

West Bengal

3.6%

India (Union) is +33.3% higher
Interest Payments

India (Union)

Rs 10.84 lakh crore

West Bengal

Rs 45,269 crore

India (Union) is +2293.5% higher

Receipts & Expenditure โ€” India vs West Bengal

ParticularsIndia (Union)West BengalDifference
Total ReceiptsRs 31.02 lakh croreRs 2.36 lakh crore+1213.0%
Tax Revenue (Net)Rs 25.05 lakh croreRs 1.02 lakh crore+2347.8%
Non-Tax RevenueRs 5.97 lakh croreRs 6,317 crore+9344.9%
Total ExpenditureRs 46.33 lakh croreRs 3.04 lakh crore+1423.6%
Revenue ExpenditureRs 35.65 lakh croreRs 2.68 lakh crore+1229.1%
Capital ExpenditureRs 10.68 lakh croreRs 35,866 crore+2878.2%
Interest PaymentsRs 10.84 lakh croreRs 45,269 crore+2293.5%
Fiscal DeficitRs 13.94 lakh croreRs 68,250 crore+1942.7%
Fiscal Deficit (% of GDP)4.8%3.6%โ€”
Debt-to-GDP Ratio57.1%36.7%โ€”

Department-wise Spending โ€” India vs West Bengal

DepartmentIndia (Union)West BengalDifference
1. Ministry of Finance (Interest Payments & Transfers)
Rs 16.9 lakh crore
Rs 0
โ€”
2. Ministry of Defence
Rs 6.6 lakh crore
Rs 0
โ€”
3. Ministry of Road Transport & Highways
Rs 2.6 lakh crore
Rs 0
โ€”
4. Ministry of Railways
Rs 2.49 lakh crore
Rs 0
โ€”
5. Ministry of Home Affairs
Rs 2.17 lakh crore
Rs 0
โ€”
6. Ministry of Consumer Affairs, Food & Public Distribution
Rs 2.11 lakh crore
Rs 0
โ€”
7. Ministry of Rural Development
Rs 1.66 lakh crore
Rs 0
โ€”
8. Ministry of Chemicals & Fertilisers
Rs 1.58 lakh crore
Rs 0
โ€”
9. Ministry of Agriculture & Farmers' Welfare
Rs 1.2 lakh crore
Rs 0
โ€”
10. Ministry of Education
Rs 1.16 lakh crore
Rs 0
โ€”
11. Ministry of Health & Family Welfare
Rs 87,000 crore
Rs 0
โ€”
12. Ministry of Communications
Rs 86,000 crore
Rs 0
โ€”
13. Ministry of Jal Shakti
Rs 60,000 crore
Rs 0
โ€”
14. Ministry of Housing & Urban Affairs
Rs 49,000 crore
Rs 0
โ€”
15. Education
Rs 0
Rs 41,000 crore
-100.0%

Understanding Centre vs State Budget โ€” India and West Bengal

India's federal fiscal structure divides spending responsibilities between the Centre and states. The Union Budget covers national priorities like defence, foreign affairs, and central schemes, while state budgets handle education, health, police, and local infrastructure.

The Finance Commission determines how central tax revenue is shared with states. Currently, 41% of the divisible pool is transferred to states. Additionally, states receive grants-in-aid for specific schemes and programs.

West Bengal's share of central transfers, combined with its own tax revenue (state GST, excise, stamp duty, vehicle tax) and non-tax revenue, determines its total resource envelope. Comparing this with the Union Budget provides a complete picture of public finance in India.

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