Chhattisgarh State Budget 2022-23 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Chhattisgarh FY 2022-23
Chhattisgarh State Budget 2022-23 Budget at a Glance
Total Receipts
Rs 72,000 crore
+15.2%
Total Expenditure
Rs 90,000 crore
+16.9%
Fiscal Deficit
3.5%
Rs 14,000 crore
Capital Expenditure
Rs 15,000 crore
+25.0%
Tax Revenue
Rs 32,500 crore
+16.9%
Interest Payments
Rs 6,200 crore
7% of expenditure
Chhattisgarh Revenue Receipts 2022-23
Own tax revenue vs non-tax revenue breakdown
Chhattisgarh Expenditure Breakdown 2022-23
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Chhattisgarh 2022-23
The fiscal deficit for Chhattisgarh in 2022-23 is 3.5% 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 is maintaining fiscal discipline close to the recommended limit.
Interest payments at Rs 6,200 crore consume 6.9% of total expenditure.
Chhattisgarh State Budget 2022-23 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 90,000 crore | 100% |
| 1. Revenue Receipts | Rs 72,000 crore | 80.0% |
| a. Own Tax Revenue | Rs 32,500 crore | 36.1% |
| b. Non-Tax Revenue | Rs 15,000 crore | 16.7% |
| B. Total Expenditure | Rs 90,000 crore | 100% |
| 1. Revenue Expenditure | Rs 75,000 crore | 83.3% |
| 2. Capital Expenditure | Rs 15,000 crore | 16.7% |
| of which: Interest Payments | Rs 6,200 crore | 6.9% |
| C. Fiscal Deficit | Rs 14,000 crore | 3.5% of GSDP |
Source: Chhattisgarh State Budget Documents via PRS India. All figures in Indian Rupees.
Chhattisgarh Budget 2022-23 Analysis & Highlights
Key Highlights
- Total expenditure at approximately Rs 85,000 crore โ pre-election year spending under Bhupesh Baghel.
- Assembly elections in November 2023 resulted in BJP's return to power โ Vishnu Deo Sai became CM.
- Coal production at 165 million tonnes โ Chhattisgarh maintained India's top coal producer status.
- Rajiv Gandhi Kisan Nyay Yojana at Rs 7,000 crore โ maximum outreach before elections.
- PDS rice scheme continued serving approximately 90 lakh beneficiaries at Rs 2/kg.
- Education spending at Rs 14,500 crore with teacher recruitment drive and school modernisation.
- Health allocation at Rs 8,000 crore โ medical college network expanding to 6 institutions.
- Capital expenditure at Rs 14,000 crore โ highway and Bastar connectivity prioritised.
- DMF spending at Rs 3,000 crore transforming infrastructure in mining districts.
- Naxal activity at lowest levels โ several previously affected districts declared peaceful.
- GST collections at Rs 11,000 crore โ strong growth from economic formalisation.
- Fiscal deficit at 2.8% of GSDP โ manageable but welfare commitments limiting flexibility.
- Hasdeo Arand mining controversy remained unresolved โ tribal protests continuing.
- BJP won 54 of 90 seats in November 2023 โ farm welfare continuation uncertain under new government.
Compare Chhattisgarh 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 77,000 crore | Rs 90,000 crore |
| Revenue Receipts | โ | โ | โ | Rs 62,500 crore | Rs 72,000 crore |
| Capital Expenditure | โ | โ | โ | Rs 12,000 crore | Rs 15,000 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 3.5% | 3.5% |
| Own Tax Revenue | โ | โ | โ | Rs 27,800 crore | Rs 32,500 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Chhattisgarh State Budget 2022-23
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.
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Compare Chhattisgarh with other states
Side-by-side comparison of fiscal metrics across Indian states