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Bihar State Budget 2020-21 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Bihar FY 2020-21

Bihar State Budget 2020-21 Budget at a Glance

Total Receipts

Rs 98,200 crore

-4.5%

Total Expenditure

Rs 1.35 lakh crore

+3.8%

Fiscal Deficit

4.5%

Rs 23,500 crore

Capital Expenditure

Rs 19,500 crore

-14.5%

Tax Revenue

Rs 26,800 crore

-9.2%

Interest Payments

Rs 12,700 crore

9% of expenditure

Bihar Revenue Receipts 2020-21

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 26,800 crore (86.5%)
Non-Tax Revenue
Rs 4,200 crore (13.5%)

Bihar Expenditure Breakdown 2020-21

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 85.6%
Capital Expenditure 14.4%

Fiscal Deficit as % of GSDP โ€” Bihar 2020-21

The fiscal deficit for Bihar in 2020-21 is 4.5% of GSDP (Rs 23,500 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's deficit is above this threshold, driven by higher capital spending needs.

Interest payments at Rs 12,700 crore consume 9.4% of total expenditure.

Bihar State Budget 2020-21 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 1.41 lakh crore100%
1. Revenue ReceiptsRs 98,200 crore69.9%
a. Own Tax RevenueRs 26,800 crore19.1%
b. Non-Tax RevenueRs 4,200 crore3.0%
B. Total ExpenditureRs 1.35 lakh crore100%
1. Revenue ExpenditureRs 1.16 lakh crore85.6%
2. Capital ExpenditureRs 19,500 crore14.4%
of which: Interest PaymentsRs 12,700 crore9.4%
C. Fiscal DeficitRs 23,500 crore4.5% of GSDP

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

Bihar Budget 2020-21 Analysis & Highlights

Key Highlights

  • COVID-19 combined with the return migration of approximately 30 lakh migrant workers.
  • Massive reverse migration from Gujarat, Maharashtra, and Delhi created acute employment crisis.
  • Tax revenue collapsed as commercial activity halted and consumption plummeted.
  • Health system severely strained โ€” Bihar had among the lowest per-capita hospital beds nationally.
  • MGNREGA demand surged as returned migrants sought rural employment guarantee.
  • Central transfers provided critical support but fell short of pandemic-era needs.
  • Prohibition continued despite fiscal pressure โ€” no restoration of excise revenue considered.
  • Flood management costs added to pandemic burden as monsoon flooding hit North Bihar.
  • Bihar state elections in October-November 2020 influenced spending patterns.
  • Capital expenditure compressed but road construction continued as employment generation tool.

Compare Bihar Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2016-172017-182018-192019-202020-21
Total Expenditureโ€”โ€”โ€”Rs 1.3 lakh croreRs 1.35 lakh crore
Revenue Receiptsโ€”โ€”โ€”Rs 1.03 lakh croreRs 98,200 crore
Capital Expenditureโ€”โ€”โ€”Rs 22,800 croreRs 19,500 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”3.3%4.5%
Own Tax Revenueโ€”โ€”โ€”Rs 29,500 croreRs 26,800 crore

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

Understanding Bihar State Budget 2020-21

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