Delhi State Budget 2018-19 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Delhi FY 2018-19
Delhi State Budget 2018-19 Budget at a Glance
Total Receipts
Rs 42,200 crore
+11.6%
Total Expenditure
Rs 45,300 crore
+9.7%
Fiscal Deficit
0.6%
Rs 3,600 crore
Capital Expenditure
Rs 6,500 crore
+12.1%
Tax Revenue
Rs 36,500 crore
+12.3%
Interest Payments
Rs 1,700 crore
4% of expenditure
Delhi Revenue Receipts 2018-19
Own tax revenue vs non-tax revenue breakdown
Delhi Expenditure Breakdown 2018-19
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Delhi 2018-19
The fiscal deficit for Delhi in 2018-19 is 0.6% of GSDP (Rs 3,600 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 1,700 crore consume 3.8% of total expenditure.
Delhi State Budget 2018-19 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 48,200 crore | 100% |
| 1. Revenue Receipts | Rs 42,200 crore | 87.6% |
| a. Own Tax Revenue | Rs 36,500 crore | 75.7% |
| b. Non-Tax Revenue | Rs 920 crore | 1.9% |
| B. Total Expenditure | Rs 45,300 crore | 100% |
| 1. Revenue Expenditure | Rs 38,800 crore | 85.7% |
| 2. Capital Expenditure | Rs 6,500 crore | 14.3% |
| of which: Interest Payments | Rs 1,700 crore | 3.8% |
| C. Fiscal Deficit | Rs 3,600 crore | 0.6% of GSDP |
Source: Delhi State Budget Documents via PRS India. All figures in Indian Rupees.
Delhi Budget 2018-19 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 45,300 crore with continued AAP emphasis on education and health
- Revenue receipts at Rs 42,200 crore with own tax revenue at Rs 36,500 crore โ strong GST collections
- Revenue deficit at Rs 3,400 crore as subsidy programmes and social spending continue to expand
- Fiscal deficit at 0.6% of GSDP (Rs 3,600 crore), maintained at India lowest levels
- Capital expenditure at Rs 6,500 crore with school and clinic construction continuing
- Total outstanding debt at Rs 9,200 crore with debt-to-GSDP at 1.4%
- Interest payments at Rs 1,700 crore manageable at 4.0% of revenue receipts
- GSDP at Rs 6,40,000 crore โ India highest per-capita GSDP territory
- Education expenditure represents 26% of the budget โ Delhi highest share nationally
- Mohalla Clinics expand to over 300 locations with millions of consultations annually
- AAP government approaching 2020 re-election with education record as campaign centrepiece
- Market borrowings at Rs 3,600 crore fund the social infrastructure programme
Compare Delhi Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 41,300 crore | Rs 45,300 crore |
| Revenue Receipts | โ | โ | โ | Rs 37,800 crore | Rs 42,200 crore |
| Capital Expenditure | โ | โ | โ | Rs 5,800 crore | Rs 6,500 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 0.6% | 0.6% |
| Own Tax Revenue | โ | โ | โ | Rs 32,500 crore | Rs 36,500 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Delhi State Budget 2018-19
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.
Explore More
Compare Delhi with other states
Side-by-side comparison of fiscal metrics across Indian states