Assam State Budget 2021-22 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Assam FY 2021-22
Assam State Budget 2021-22 Budget at a Glance
Total Receipts
Rs 72,000 crore
+27.4%
Total Expenditure
Rs 90,000 crore
+21.6%
Fiscal Deficit
4.1%
Rs 16,000 crore
Capital Expenditure
Rs 16,000 crore
+33.3%
Tax Revenue
Rs 22,500 crore
+33.9%
Interest Payments
Rs 6,500 crore
7% of expenditure
Assam Revenue Receipts 2021-22
Own tax revenue vs non-tax revenue breakdown
Assam Expenditure Breakdown 2021-22
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Assam 2021-22
The fiscal deficit for Assam in 2021-22 is 4.1% of GSDP (Rs 16,000 crore), reflecting the state's borrowing needs to fund development programmes.
States are expected to maintain fiscal deficit within 3% of GSDP as per the FRBM Act. Assam's deficit is above this threshold, driven by higher capital spending needs.
Interest payments at Rs 6,500 crore consume 7.2% of total expenditure.
Assam State Budget 2021-22 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 90,000 crore | 100% |
| 1. Revenue Receipts | Rs 72,000 crore | 80.0% |
| a. Own Tax Revenue | Rs 22,500 crore | 25.0% |
| b. Non-Tax Revenue | Rs 19,500 crore | 21.7% |
| B. Total Expenditure | Rs 90,000 crore | 100% |
| 1. Revenue Expenditure | Rs 74,000 crore | 82.2% |
| 2. Capital Expenditure | Rs 16,000 crore | 17.8% |
| of which: Interest Payments | Rs 6,500 crore | 7.2% |
| C. Fiscal Deficit | Rs 16,000 crore | 4.1% of GSDP |
Source: Assam State Budget Documents via PRS India. All figures in Indian Rupees.
Assam Budget 2021-22 Analysis & Highlights
Key Highlights
- Total expenditure crossed Rs 80,000 crore, driven by record capital spending and enhanced central grants.
- SGST collections reached Rs 13,000 crore, establishing robust post-GST compensation revenue growth.
- Guwahati metro rail construction commenced with Rs 2,000 crore first-phase allocation.
- Flood management under Brahmaputra Master Plan achieved 200 km of modernised embankments.
- Tea exports reached a five-year high as global demand recovered post-pandemic.
- Education spending at Rs 13,500 crore included establishment of three new medical colleges.
- Health allocation at Rs 6,200 crore expanded tertiary care capacity with new super-specialty hospital in Guwahati.
- Inland waterway cargo exceeded 2 lakh tonnes with container services fully operational.
- Assam Mala programme completed cumulative 2,500 km of road modernisation.
- Tourist arrivals crossed 75 lakh, the highest ever, with Kaziranga and Majuli leading.
- Semiconductor assembly plant announced for Jagiroad with Rs 7,000 crore investment.
- Digital connectivity reached 80% of gram panchayats through BharatNet.
- Bodo peace dividend visible with BTR recording double-digit growth in development indicators.
Compare Assam Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 74,000 crore | Rs 90,000 crore |
| Revenue Receipts | โ | โ | โ | Rs 56,500 crore | Rs 72,000 crore |
| Capital Expenditure | โ | โ | โ | Rs 12,000 crore | Rs 16,000 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 5.0% | 4.1% |
| Own Tax Revenue | โ | โ | โ | Rs 16,800 crore | Rs 22,500 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Assam State Budget 2021-22
The Assam state budget is the annual financial plan presented in the state legislature. It covers all revenue receipts, expenditure allocations across departments, and fiscal deficit management. State budgets are critical because states handle key development areas including education, health, agriculture, and infrastructure.
Assam Revenue Sources
State revenue comes from three sources: own tax revenue (state GST, stamp duty, excise, vehicle tax), non-tax revenue (fees, fines, interest), and transfers from the Centre (share of central taxes as per Finance Commission recommendations, plus grants-in-aid for specific schemes).
Fiscal Deficit and State Borrowing
Under the FRBM framework, states target a fiscal deficit of 3% of GSDP. States can borrow from the market via State Development Loans (SDLs), and the central government also provides loans. The RBI manages the borrowing calendar for states to ensure orderly market conditions.
Explore More
Compare Assam with other states
Side-by-side comparison of fiscal metrics across Indian states