Bihar State Budget 2022-23 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Bihar FY 2022-23
Bihar State Budget 2022-23 Budget at a Glance
Total Receipts
Rs 1.39 lakh crore
+14.0%
Total Expenditure
Rs 1.76 lakh crore
+13.5%
Fiscal Deficit
3.5%
Rs 26,200 crore
Capital Expenditure
Rs 30,500 crore
+13.8%
Tax Revenue
Rs 38,200 crore
+15.1%
Interest Payments
Rs 17,200 crore
10% of expenditure
Bihar Revenue Receipts 2022-23
Own tax revenue vs non-tax revenue breakdown
Bihar Expenditure Breakdown 2022-23
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Bihar 2022-23
The fiscal deficit for Bihar in 2022-23 is 3.5% of GSDP (Rs 26,200 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 17,200 crore consume 9.8% of total expenditure.
Bihar State Budget 2022-23 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 1.85 lakh crore | 100% |
| 1. Revenue Receipts | Rs 1.39 lakh crore | 74.9% |
| a. Own Tax Revenue | Rs 38,200 crore | 20.6% |
| b. Non-Tax Revenue | Rs 5,800 crore | 3.1% |
| B. Total Expenditure | Rs 1.76 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 1.45 lakh crore | 82.6% |
| 2. Capital Expenditure | Rs 30,500 crore | 17.4% |
| of which: Interest Payments | Rs 17,200 crore | 9.8% |
| C. Fiscal Deficit | Rs 26,200 crore | 3.5% of GSDP |
Source: Bihar State Budget Documents via PRS India. All figures in Indian Rupees.
Bihar Budget 2022-23 Analysis & Highlights
Key Highlights
- Total expenditure reaches Rs 2,37,000 crore as Bihar consolidates post-pandemic recovery and resumes developmental trajectory.
- Caste census results spark major political upheaval; backward class welfare receives Rs 8,000 crore enhanced allocation.
- Own tax revenue reaches Rs 28,000 crore with GST collections growing 18% year-on-year.
- Road network crosses 85,000 km of new/upgraded roads โ Bihar now has above-average rural road density.
- JEEViKA cumulative bank credit to SHGs crosses Rs 40,000 crore since inception, the largest community lending program in Asia.
- Jal Jeevan Mission implementation provides piped water to 80 lakh rural households; Rs 8,000 crore allocated.
- Education spending at Rs 28,000 crore includes Rs 5,000 crore for new engineering, medical, and polytechnic colleges.
- Industrial investment begins materializing with Rs 2,000 crore textile park in Bihta and food processing zone in Hajipur.
- Patna Metro Phase 1 progresses with 30% tunneling complete; Rs 4,000 crore allocated for construction acceleration.
- Healthcare at Rs 9,000 crore targets one medical college per district with 8 new facilities under construction.
- Ethanol and biofuel industry reaches Rs 3,000 crore investment with 8 operational plants.
- Market borrowings of Rs 22,000 crore fund capital investment; debt-to-GSDP ratio stable at 23%.
- Bihar demands Rs 2.5 lakh crore special package from Centre as alternative to special category status.
Compare Bihar Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 1.55 lakh crore | Rs 1.76 lakh crore |
| Revenue Receipts | โ | โ | โ | Rs 1.22 lakh crore | Rs 1.39 lakh crore |
| Capital Expenditure | โ | โ | โ | Rs 26,800 crore | Rs 30,500 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 3.5% | 3.5% |
| Own Tax Revenue | โ | โ | โ | Rs 33,200 crore | Rs 38,200 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Bihar State Budget 2022-23
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