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Bihar State Budget 2016-17 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Bihar FY 2016-17

Bihar State Budget 2016-17 Budget at a Glance

Total Receipts

Rs 78,500 crore

+17.5%

Total Expenditure

Rs 98,700 crore

+16.9%

Fiscal Deficit

3.3%

Rs 12,100 crore

Capital Expenditure

Rs 18,500 crore

+14.2%

Tax Revenue

Rs 22,800 crore

+16.9%

Interest Payments

Rs 6,700 crore

7% of expenditure

Bihar Revenue Receipts 2016-17

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 22,800 crore (86.4%)
Non-Tax Revenue
Rs 3,600 crore (13.6%)

Bihar Expenditure Breakdown 2016-17

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 81.3%
Capital Expenditure 18.7%

Fiscal Deficit as % of GSDP โ€” Bihar 2016-17

The fiscal deficit for Bihar in 2016-17 is 3.3% of GSDP (Rs 12,100 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 6,700 crore consume 6.8% of total expenditure.

Bihar State Budget 2016-17 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 1.04 lakh crore100%
1. Revenue ReceiptsRs 78,500 crore75.3%
a. Own Tax RevenueRs 22,800 crore21.9%
b. Non-Tax RevenueRs 3,600 crore3.5%
B. Total ExpenditureRs 98,700 crore100%
1. Revenue ExpenditureRs 80,200 crore81.3%
2. Capital ExpenditureRs 18,500 crore18.7%
of which: Interest PaymentsRs 6,700 crore6.8%
C. Fiscal DeficitRs 12,100 crore3.3% of GSDP

Source: Bihar State Budget Documents via PRS India. All figures in Indian Rupees.

Bihar Budget 2016-17 Analysis & Highlights

Key Highlights

  • Total expenditure crosses Rs 1,30,000 crore as Bihar continues scaling up public investment in a high-growth phase.
  • Bihar records 10.3% GDP growth, maintaining its position among India's fastest-growing states.
  • Road construction enters Phase 2 with Rs 15,000 crore targeting internal rural connectivity and state highway widening.
  • Own tax revenue crosses Rs 15,000 crore for the first time, a 400% increase from 2005-06 levels.
  • Prohibition implemented in April 2016 โ€” excise revenue of Rs 4,000 crore eliminated overnight from the state's budget.
  • Central transfers at Rs 42,000 crore constitute 50% of revenue receipts after 14th Finance Commission enhanced devolution.
  • Education spending at Rs 18,000 crore includes Rs 3,500 crore for constructing 5,000 new secondary schools.
  • JEEViKA covers all 38 districts with 80 lakh women in self-help groups โ€” India's largest women's empowerment program.
  • Seven new universities established under Bihar's higher education expansion, allocating Rs 1,500 crore.
  • Healthcare at Rs 6,000 crore targets maternal mortality reduction with Rs 1,200 crore for referral hospitals.
  • Power deficit narrows to 35% as 3,000 MW Barh plant commissions first unit and rural electrification reaches 55%.
  • Smart City Mission allocations of Rs 800 crore for Patna and Muzaffarpur.
  • Fiscal deficit at 2.6% of GSDP despite absorbing Rs 4,000 crore excise revenue loss from prohibition.

Compare Bihar Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2012-132013-142014-152015-162016-17
Total Expenditureโ€”โ€”โ€”Rs 84,400 croreRs 98,700 crore
Revenue Receiptsโ€”โ€”โ€”Rs 66,800 croreRs 78,500 crore
Capital Expenditureโ€”โ€”โ€”Rs 16,200 croreRs 18,500 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”3.1%3.3%
Own Tax Revenueโ€”โ€”โ€”Rs 19,500 croreRs 22,800 crore

Columns showing "โ€”" will populate as more data is ingested. Data from official budget documents via PRS India.

Understanding Bihar State Budget 2016-17

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.

Compare Bihar with other states

Side-by-side comparison of fiscal metrics across Indian states