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Delhi State Budget 2019-20 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Delhi FY 2019-20

Delhi State Budget 2019-20 Budget at a Glance

Total Receipts

Rs 44,500 crore

+5.5%

Total Expenditure

Rs 49,500 crore

+9.3%

Fiscal Deficit

0.7%

Rs 5,000 crore

Capital Expenditure

Rs 7,500 crore

+15.4%

Tax Revenue

Rs 38,200 crore

+4.7%

Interest Payments

Rs 1,900 crore

4% of expenditure

Delhi Revenue Receipts 2019-20

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 38,200 crore (97.4%)
Non-Tax Revenue
Rs 1,000 crore (2.6%)

Delhi Expenditure Breakdown 2019-20

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 84.8%
Capital Expenditure 15.2%

Fiscal Deficit as % of GSDP โ€” Delhi 2019-20

The fiscal deficit for Delhi in 2019-20 is 0.7% of GSDP (Rs 5,000 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 1,900 crore consume 3.8% of total expenditure.

Delhi State Budget 2019-20 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 52,500 crore100%
1. Revenue ReceiptsRs 44,500 crore84.8%
a. Own Tax RevenueRs 38,200 crore72.8%
b. Non-Tax RevenueRs 1,000 crore1.9%
B. Total ExpenditureRs 49,500 crore100%
1. Revenue ExpenditureRs 42,000 crore84.8%
2. Capital ExpenditureRs 7,500 crore15.2%
of which: Interest PaymentsRs 1,900 crore3.8%
C. Fiscal DeficitRs 5,000 crore0.7% of GSDP

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

Delhi Budget 2019-20 Analysis & Highlights

Key Highlights

  • Total expenditure at Rs 49,500 crore in the year of AAP re-election with expanded mandates
  • Revenue receipts at Rs 44,500 crore with own tax revenue at Rs 38,200 crore
  • Revenue deficit at Rs 2,500 crore as strong revenue growth narrows the gap
  • Fiscal deficit at 0.7% of GSDP (Rs 5,000 crore), modest relative to the economic base
  • Capital expenditure at Rs 7,500 crore with school, clinic, and Metro expansion
  • Total outstanding debt at Rs 12,800 crore with debt-to-GSDP at 1.8%
  • AAP wins February 2020 elections with 62 seats โ€” decisive mandate on education/health
  • Interest payments at Rs 1,900 crore remain low at 4.3% of revenue receipts
  • GSDP at Rs 7,20,000 crore with services continuing to drive economic expansion
  • COVID-19 arrives in March 2020 with immediate impact on Delhi dense urban economy
  • Free bus travel for women launched as a signature welfare initiative
  • Market borrowings at Rs 5,000 crore fund the expanding capital programme

Compare Delhi Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2015-162016-172017-182018-192019-20
Total Expenditureโ€”โ€”โ€”Rs 45,300 croreRs 49,500 crore
Revenue Receiptsโ€”โ€”โ€”Rs 42,200 croreRs 44,500 crore
Capital Expenditureโ€”โ€”โ€”Rs 6,500 croreRs 7,500 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”0.6%0.7%
Own Tax Revenueโ€”โ€”โ€”Rs 36,500 croreRs 38,200 crore

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

Understanding Delhi State Budget 2019-20

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