Bihar State Budget 2015-16 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Bihar FY 2015-16
Bihar State Budget 2015-16 Budget at a Glance
Total Receipts
Rs 66,800 crore
(excl. borrowings)
Total Expenditure
Rs 84,400 crore
Fiscal Deficit
3.1%
Rs 9,800 crore
Capital Expenditure
Rs 16,200 crore
Tax Revenue
Rs 19,500 crore
Net to Centre
Interest Payments
Rs 5,600 crore
7% of expenditure
Bihar Revenue Receipts 2015-16
Own tax revenue vs non-tax revenue breakdown
Bihar Expenditure Breakdown 2015-16
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Bihar 2015-16
The fiscal deficit for Bihar in 2015-16 is 3.1% of GSDP (Rs 9,800 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. Bihar is maintaining fiscal discipline close to the recommended limit.
Interest payments at Rs 5,600 crore consume 6.6% of total expenditure.
Bihar State Budget 2015-16 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 89,600 crore | 100% |
| 1. Revenue Receipts | Rs 66,800 crore | 74.6% |
| a. Own Tax Revenue | Rs 19,500 crore | 21.8% |
| b. Non-Tax Revenue | Rs 3,200 crore | 3.6% |
| B. Total Expenditure | Rs 84,400 crore | 100% |
| 1. Revenue Expenditure | Rs 68,200 crore | 80.8% |
| 2. Capital Expenditure | Rs 16,200 crore | 19.2% |
| of which: Interest Payments | Rs 5,600 crore | 6.6% |
| C. Fiscal Deficit | Rs 9,800 crore | 3.1% of GSDP |
Source: Bihar State Budget Documents via PRS India. All figures in Indian Rupees.
Bihar Budget 2015-16 Analysis & Highlights
Key Highlights
- Prohibition not yet implemented โ excise revenue of Rs 4,500 crore still accruing.
- Nitish Kumar returned as CM after brief Jitan Ram Manjhi interregnum.
- Bihar growth rate exceeded 10% nominally, among the highest nationally.
- Central transfers dominated revenue at over 55% of total receipts.
- Capital expenditure focused on road construction and bridge building.
- Education spending emphasised enrollment through bicycle and scholarship schemes.
- Health infrastructure remained among the weakest nationally.
- GSDP per capita roughly Rs 30,000 โ one-third of national average.
- Industrial base minimal โ food processing and leather emerging as potential sectors.
- Fiscal deficit within manageable range supported by low debt-to-GSDP ratio.
- Special category status demand intensified after bifurcation of Andhra Pradesh.
Compare Bihar Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2011-12 | 2012-13 | 2013-14 | 2014-15 | 2015-16 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | โ | Rs 84,400 crore |
| Revenue Receipts | โ | โ | โ | โ | Rs 66,800 crore |
| Capital Expenditure | โ | โ | โ | โ | Rs 16,200 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | โ | 3.1% |
| Own Tax Revenue | โ | โ | โ | โ | Rs 19,500 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Bihar State Budget 2015-16
The Bihar 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.
Bihar 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 Bihar with other states
Side-by-side comparison of fiscal metrics across Indian states