Bihar State Budget 2024-25 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Bihar FY 2024-25
Bihar State Budget 2024-25 Budget at a Glance
Total Receipts
Rs 2.27 lakh crore
+5.7%
Total Expenditure
Rs 2.56 lakh crore
-18.6%
Fiscal Deficit
3.0%
Rs 29,095 crore
Capital Expenditure
Rs 29,416 crore
-25.8%
Tax Revenue
Rs 54,300 crore
+7.7%
Interest Payments
Rs 20,526 crore
8% of expenditure
Bihar Revenue Receipts 2024-25
Own tax revenue vs non-tax revenue breakdown
Bihar Expenditure Breakdown 2024-25
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP โ Bihar 2024-25
The fiscal deficit for Bihar in 2024-25 is 3.0% of GSDP (Rs 29,095 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 20,526 crore consume 8.0% of total expenditure.
Bihar State Budget 2024-25 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 2.79 lakh crore | 100% |
| 1. Revenue Receipts | Rs 2.27 lakh crore | 81.4% |
| a. Own Tax Revenue | Rs 54,300 crore | 19.5% |
| b. Non-Tax Revenue | Rs 7,326 crore | 2.6% |
| B. Total Expenditure | Rs 2.56 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 2.26 lakh crore | 88.0% |
| 2. Capital Expenditure | Rs 29,416 crore | 11.5% |
| of which: Interest Payments | Rs 20,526 crore | 8.0% |
| C. Fiscal Deficit | Rs 29,095 crore | 3.0% of GSDP |
Source: Bihar State Budget Documents via PRS India. All figures in Indian Rupees.
Bihar Department-wise Expenditure 2024-25
Top departments by allocation in Bihar for 2024-25
| Department โ | Revenue โ | Capital โ | Total โ | Share |
|---|---|---|---|---|
1. Education | Rs 34,000 crore | Rs 3,200 crore | Rs 37,200 crore | 14.5% |
2. Rural Development | Rs 24,000 crore | Rs 4,800 crore | Rs 28,800 crore | 11.2% |
3. Social Welfare | Rs 15,500 crore | Rs 1,600 crore | Rs 17,100 crore | 6.7% |
4. Agriculture & Allied | Rs 14,000 crore | Rs 2,800 crore | Rs 16,800 crore | 6.6% |
5. Health & Family Welfare | Rs 12,000 crore | Rs 2,400 crore | Rs 14,400 crore | 5.6% |
6. Transport & Roads | Rs 5,000 crore | Rs 6,500 crore | Rs 11,500 crore | 4.5% |
7. Energy | Rs 8,500 crore | Rs 2,400 crore | Rs 10,900 crore | 4.3% |
8. Police & Home | Rs 8,500 crore | Rs 1,200 crore | Rs 9,700 crore | 3.8% |
9. Water Resources & Irrigation | Rs 4,200 crore | Rs 4,500 crore | Rs 8,700 crore | 3.4% |
10. Urban Development | Rs 5,000 crore | Rs 2,400 crore | Rs 7,400 crore | 2.9% |
Bihar Budget 2024-25 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 2,40,000 crore with continued emphasis on infrastructure and social sectors.
- Fiscal deficit at Rs 30,000 crore, approximately 3.3% of GSDP.
- Bihar receives special central package of Rs 2.5 lakh crore over 5 years for infrastructure.
- Own tax revenue at Rs 38,000 crore โ prohibition continues to constrain excise collections.
- Seven new engineering and medical colleges announced with Rs 2,000 crore capital provision.
- Bridge construction programme accelerated with 10 new Ganga crossings in various stages.
- Rural electrification reaches 100% household coverage under Saubhagya scheme.
- Education spending at Rs 35,000 crore with expansion of student stipend programmes.
- Health spending at Rs 14,000 crore targeting primary health centre functionality.
- Central transfers exceed Rs 1,20,000 crore including special package first tranche.
- Caste census findings drive allocation toward EBC and OBC welfare programmes.
Compare Bihar Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 3.15 lakh crore | Rs 2.56 lakh crore |
| Revenue Receipts | โ | โ | โ | Rs 2.14 lakh crore | Rs 2.27 lakh crore |
| Capital Expenditure | โ | โ | โ | Rs 39,623 crore | Rs 29,416 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 8.9% | 3.0% |
| Own Tax Revenue | โ | โ | โ | Rs 50,400 crore | Rs 54,300 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Bihar State Budget 2024-25
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.
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Compare Bihar with other states
Side-by-side comparison of fiscal metrics across Indian states