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Chhattisgarh State Budget 2017-18 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Chhattisgarh FY 2017-18

Chhattisgarh State Budget 2017-18 Budget at a Glance

Total Receipts

Rs 45,800 crore

+13.9%

Total Expenditure

Rs 51,300 crore

+14.8%

Fiscal Deficit

2.1%

Rs 5,500 crore

Capital Expenditure

Rs 8,500 crore

+18.1%

Tax Revenue

Rs 21,200 crore

+14.6%

Interest Payments

Rs 3,100 crore

6% of expenditure

Chhattisgarh Revenue Receipts 2017-18

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 21,200 crore (69.1%)
Non-Tax Revenue
Rs 9,500 crore (30.9%)

Chhattisgarh Expenditure Breakdown 2017-18

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 83.4%
Capital Expenditure 16.6%

Fiscal Deficit as % of GSDP โ€” Chhattisgarh 2017-18

The fiscal deficit for Chhattisgarh in 2017-18 is 2.1% of GSDP (Rs 5,500 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. Chhattisgarh is maintaining fiscal discipline close to the recommended limit.

Interest payments at Rs 3,100 crore consume 6.0% of total expenditure.

Chhattisgarh State Budget 2017-18 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 54,800 crore100%
1. Revenue ReceiptsRs 45,800 crore83.6%
a. Own Tax RevenueRs 21,200 crore38.7%
b. Non-Tax RevenueRs 9,500 crore17.3%
B. Total ExpenditureRs 51,300 crore100%
1. Revenue ExpenditureRs 42,800 crore83.4%
2. Capital ExpenditureRs 8,500 crore16.6%
of which: Interest PaymentsRs 3,100 crore6.0%
C. Fiscal DeficitRs 5,500 crore2.1% of GSDP

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

Chhattisgarh Budget 2017-18 Analysis & Highlights

Key Highlights

  • Total expenditure at approximately Rs 58,000 crore as mining revenues and central transfers continued growing.
  • Coal production at 150 million tonnes โ€” Chhattisgarh maintained India's top coal producer status.
  • Bhilai Steel Plant expansion nearing completion โ€” capacity approaching 7 million tonnes.
  • Raman Singh government announced Chhattisgarh as India's most food-secure state via PDS efficiency.
  • Naxal-affected area shrinking โ€” road construction and mobile towers reaching Abujhmarh periphery.
  • Education spending at Rs 9,500 crore โ€” Right to Education compliance improving across districts.
  • Health allocation at Rs 4,800 crore โ€” Ayushman Bharat preparation for 2018 launch underway.
  • Capital expenditure at Rs 9,000 crore โ€” Raipur-Naya Raipur infrastructure and highway expansion.
  • DMF spending at Rs 1,500 crore targeting water, health, and education in mining areas.
  • Power generation capacity exceeded 15,000 MW โ€” surplus exported to seven neighbouring states.
  • Raipur ranked among India's fastest-growing cities for commercial real estate.
  • GST revenue stabilising with mining and manufacturing sectors adjusting to new regime.
  • Tribal welfare spending at Rs 5,500 crore โ€” forest rights claims expanding.
  • Assembly elections due in November 2018 โ€” pre-election spending acceleration visible.

Compare Chhattisgarh Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2013-142014-152015-162016-172017-18
Total Expenditureโ€”โ€”โ€”Rs 44,700 croreRs 51,300 crore
Revenue Receiptsโ€”โ€”โ€”Rs 40,200 croreRs 45,800 crore
Capital Expenditureโ€”โ€”โ€”Rs 7,200 croreRs 8,500 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”2.0%2.1%
Own Tax Revenueโ€”โ€”โ€”Rs 18,500 croreRs 21,200 crore

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

Understanding Chhattisgarh State Budget 2017-18

The Chhattisgarh 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.

Chhattisgarh 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 Chhattisgarh with other states

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