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Delhi State Budget 2005-06 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Delhi FY 2005-06

Delhi State Budget 2005-06 Budget at a Glance

Total Receipts

Rs 11,200 crore

(excl. borrowings)

Total Expenditure

Rs 14,000 crore

Fiscal Deficit

1.5%

Rs 2,000 crore

Capital Expenditure

Rs 2,000 crore

Tax Revenue

Rs 7,800 crore

Net to Centre

Interest Payments

Rs 600 crore

4% of expenditure

Delhi Revenue Receipts 2005-06

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 7,800 crore (93.1%)
Non-Tax Revenue
Rs 580 crore (6.9%)

Delhi Expenditure Breakdown 2005-06

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 85.7%
Capital Expenditure 14.3%

Fiscal Deficit as % of GSDP โ€” Delhi 2005-06

The fiscal deficit for Delhi in 2005-06 is 1.5% of GSDP (Rs 2,000 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. Delhi is maintaining fiscal discipline close to the recommended limit.

Interest payments at Rs 600 crore consume 4.3% of total expenditure.

Delhi State Budget 2005-06 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 14,500 crore100%
1. Revenue ReceiptsRs 11,200 crore77.2%
a. Own Tax RevenueRs 7,800 crore53.8%
b. Non-Tax RevenueRs 580 crore4.0%
B. Total ExpenditureRs 14,000 crore100%
1. Revenue ExpenditureRs 12,000 crore85.7%
2. Capital ExpenditureRs 2,000 crore14.3%
of which: Interest PaymentsRs 600 crore4.3%
C. Fiscal DeficitRs 2,000 crore1.5% of GSDP

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

Delhi Budget 2005-06 Analysis & Highlights

Key Highlights

  • Total expenditure at Rs 14,000 crore under the Congress-led Sheila Dikshit government
  • Revenue receipts at Rs 11,200 crore with own tax revenue of Rs 7,800 crore โ€” a strong tax base
  • Revenue deficit of Rs 800 crore as Delhi Metro and CWG preparations drive spending
  • Fiscal deficit at 1.5% of GSDP (Rs 2,000 crore), moderate for a major UT
  • Capital expenditure at Rs 2,000 crore focused on Delhi Metro Phase II and road infrastructure
  • Total outstanding debt at Rs 3,500 crore with debt-to-GSDP at 2.7% โ€” the lowest in India
  • Interest payments at Rs 600 crore remain manageable relative to the large tax base
  • Non-tax revenue at Rs 580 crore includes Central grants and administrative fees
  • GSDP at Rs 1,30,000 crore โ€” India wealthiest per-capita sub-national economy
  • Market borrowings at Rs 1,500 crore support the capital expansion programme
  • Delhi Metro Phase I nearing completion with transformative impact on urban transport
  • Commonwealth Games 2010 preparations begin driving infrastructure investments

Compare Delhi Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2001-022002-032003-042004-052005-06
Total Expenditureโ€”โ€”โ€”โ€”Rs 14,000 crore
Revenue Receiptsโ€”โ€”โ€”โ€”Rs 11,200 crore
Capital Expenditureโ€”โ€”โ€”โ€”Rs 2,000 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”โ€”1.5%
Own Tax Revenueโ€”โ€”โ€”โ€”Rs 7,800 crore

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

Understanding Delhi State Budget 2005-06

The Delhi 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.

Delhi 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 Delhi with other states

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