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Delhi State Budget 2006-07 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Delhi FY 2006-07

Delhi State Budget 2006-07 Budget at a Glance

Total Receipts

Rs 13,000 crore

+16.1%

Total Expenditure

Rs 15,900 crore

+13.6%

Fiscal Deficit

1.3%

Rs 1,900 crore

Capital Expenditure

Rs 2,400 crore

+20.0%

Tax Revenue

Rs 9,200 crore

+17.9%

Interest Payments

Rs 700 crore

4% of expenditure

Delhi Revenue Receipts 2006-07

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 9,200 crore (93.7%)
Non-Tax Revenue
Rs 620 crore (6.3%)

Delhi Expenditure Breakdown 2006-07

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 84.9%
Capital Expenditure 15.1%

Fiscal Deficit as % of GSDP โ€” Delhi 2006-07

The fiscal deficit for Delhi in 2006-07 is 1.3% of GSDP (Rs 1,900 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 700 crore consume 4.4% of total expenditure.

Delhi State Budget 2006-07 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 16,800 crore100%
1. Revenue ReceiptsRs 13,000 crore77.4%
a. Own Tax RevenueRs 9,200 crore54.8%
b. Non-Tax RevenueRs 620 crore3.7%
B. Total ExpenditureRs 15,900 crore100%
1. Revenue ExpenditureRs 13,500 crore84.9%
2. Capital ExpenditureRs 2,400 crore15.1%
of which: Interest PaymentsRs 700 crore4.4%
C. Fiscal DeficitRs 1,900 crore1.3% of GSDP

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

Delhi Budget 2006-07 Analysis & Highlights

Key Highlights

  • Total expenditure rises to Rs 15,900 crore with CWG preparation spending accelerating
  • Revenue receipts at Rs 13,000 crore with own tax revenue reaching Rs 9,200 crore
  • Revenue deficit of Rs 500 crore as strong tax growth narrows the gap
  • Fiscal deficit at 1.3% of GSDP (Rs 1,900 crore), among the lowest nationally
  • Capital expenditure at Rs 2,400 crore for Metro Phase II and CWG venue construction
  • Total outstanding debt at Rs 4,200 crore with debt-to-GSDP at 2.8%
  • Interest payments at Rs 700 crore manageable against the large revenue base
  • Non-tax revenue at Rs 620 crore from administrative fees and Central grants
  • GSDP at Rs 1,52,000 crore with services sector growth driving expansion
  • Market borrowings at Rs 1,600 crore fund the infrastructure programme
  • CWG 2010 venue construction begins with Jawaharlal Nehru Stadium redevelopment
  • Delhi Metro Phase I completes with 65 km network transforming daily commuting

Compare Delhi Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2002-032003-042004-052005-062006-07
Total Expenditureโ€”โ€”โ€”Rs 14,000 croreRs 15,900 crore
Revenue Receiptsโ€”โ€”โ€”Rs 11,200 croreRs 13,000 crore
Capital Expenditureโ€”โ€”โ€”Rs 2,000 croreRs 2,400 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”1.5%1.3%
Own Tax Revenueโ€”โ€”โ€”Rs 7,800 croreRs 9,200 crore

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

Understanding Delhi State Budget 2006-07

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