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Chhattisgarh State Budget 2020-21 Analysis

Actuals

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

Chhattisgarh State Budget 2020-21 Budget at a Glance

Total Receipts

Rs 52,800 crore

-4.3%

Total Expenditure

Rs 68,800 crore

+1.9%

Fiscal Deficit

4.4%

Rs 14,000 crore

Capital Expenditure

Rs 10,800 crore

-6.1%

Tax Revenue

Rs 22,500 crore

-12.8%

Interest Payments

Rs 4,500 crore

7% of expenditure

Chhattisgarh Revenue Receipts 2020-21

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 22,500 crore (67.6%)
Non-Tax Revenue
Rs 10,800 crore (32.4%)

Chhattisgarh Expenditure Breakdown 2020-21

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 84.3%
Capital Expenditure 15.7%

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

The fiscal deficit for Chhattisgarh in 2020-21 is 4.4% of GSDP (Rs 14,000 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's deficit is above this threshold, driven by higher capital spending needs.

Interest payments at Rs 4,500 crore consume 6.5% of total expenditure.

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

ParticularsAmount% of Total
A. Total ReceiptsRs 66,800 crore100%
1. Revenue ReceiptsRs 52,800 crore79.0%
a. Own Tax RevenueRs 22,500 crore33.7%
b. Non-Tax RevenueRs 10,800 crore16.2%
B. Total ExpenditureRs 68,800 crore100%
1. Revenue ExpenditureRs 58,000 crore84.3%
2. Capital ExpenditureRs 10,800 crore15.7%
of which: Interest PaymentsRs 4,500 crore6.5%
C. Fiscal DeficitRs 14,000 crore4.4% of GSDP

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

Chhattisgarh Budget 2020-21 Analysis & Highlights

Key Highlights

  • Total expenditure approximately Rs 58,000 crore โ€” COVID-impacted year with reduced economic activity.
  • Coal production declined 8% during lockdowns before recovering in the second half.
  • Bhilai Steel Plant operated at reduced capacity during lockdown โ€” impact on Durg-Bhilai economy.
  • Bhupesh Baghel government maintained farm welfare programmes despite revenue pressure.
  • Rajiv Gandhi Kisan Nyay Yojana continued at Rs 5,500 crore โ€” input subsidy for farmers.
  • PDS rice distribution scaled up during lockdown โ€” 90 lakh beneficiaries covered.
  • Education severely affected โ€” school closures for most of the year.
  • Health allocation at Rs 5,500 crore โ€” COVID response absorbing significant resources.
  • Capital expenditure declined to Rs 8,000 crore โ€” construction activity disrupted.
  • MGNREGA at Rs 5,000 crore โ€” highest-ever demand as migrant workers returned.
  • Naxal incidents increased during COVID disruption of security operations.
  • Fiscal deficit at 4.2% of GSDP โ€” enhanced borrowing under COVID provisions.
  • Revenue receipts declined approximately 15% due to lockdown and economic contraction.
  • Power demand and export revenues declined during lockdown months.

Compare Chhattisgarh Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2016-172017-182018-192019-202020-21
Total Expenditureโ€”โ€”โ€”Rs 67,500 croreRs 68,800 crore
Revenue Receiptsโ€”โ€”โ€”Rs 55,200 croreRs 52,800 crore
Capital Expenditureโ€”โ€”โ€”Rs 11,500 croreRs 10,800 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”3.2%4.4%
Own Tax Revenueโ€”โ€”โ€”Rs 25,800 croreRs 22,500 crore

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

Understanding Chhattisgarh State Budget 2020-21

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