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Delhi State Budget 2021-22 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Delhi FY 2021-22

Delhi State Budget 2021-22 Budget at a Glance

Total Receipts

Rs 48,500 crore

+26.0%

Total Expenditure

Rs 52,000 crore

+9.0%

Fiscal Deficit

0.4%

Rs 3,500 crore

Capital Expenditure

Rs 7,800 crore

+50.0%

Tax Revenue

Rs 42,000 crore

+31.3%

Interest Payments

Rs 2,300 crore

4% of expenditure

Delhi Revenue Receipts 2021-22

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 42,000 crore (97.6%)
Non-Tax Revenue
Rs 1,050 crore (2.4%)

Delhi Expenditure Breakdown 2021-22

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 85.0%
Capital Expenditure 15.0%

Fiscal Deficit as % of GSDP โ€” Delhi 2021-22

The fiscal deficit for Delhi in 2021-22 is 0.4% of GSDP (Rs 3,500 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 2,300 crore consume 4.4% of total expenditure.

Delhi State Budget 2021-22 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 55,800 crore100%
1. Revenue ReceiptsRs 48,500 crore86.9%
a. Own Tax RevenueRs 42,000 crore75.3%
b. Non-Tax RevenueRs 1,050 crore1.9%
B. Total ExpenditureRs 52,000 crore100%
1. Revenue ExpenditureRs 44,200 crore85.0%
2. Capital ExpenditureRs 7,800 crore15.0%
of which: Interest PaymentsRs 2,300 crore4.4%
C. Fiscal DeficitRs 3,500 crore0.4% of GSDP

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

Delhi Budget 2021-22 Analysis & Highlights

Key Highlights

  • Total expenditure at Rs 52,000 crore as post-pandemic recovery and expansion spending resumes
  • Revenue receipts recover to Rs 48,500 crore with own tax revenue rebounding to Rs 42,000 crore
  • Revenue deficit at Rs 4,300 crore as health and education spending continue to expand
  • Fiscal deficit at 0.4% of GSDP (Rs 3,500 crore), narrowing sharply as revenue recovery outpaces spending
  • Capital expenditure at Rs 7,800 crore with Metro Phase IV and school programmes
  • Total outstanding debt at Rs 22,500 crore with debt-to-GSDP at 2.8%
  • Interest payments at Rs 2,300 crore grow with post-pandemic debt stock
  • GSDP rebounds to Rs 8,10,000 crore with strong services sector recovery
  • GST collections show robust post-pandemic recovery driven by pent-up demand
  • Post-pandemic school reopening highlights Delhi education model resilience
  • Mohalla Clinics proved critical during COVID and continue expansion post-pandemic
  • Non-tax revenue at Rs 1,050 crore from administrative fees and minor Central grants

Compare Delhi Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2017-182018-192019-202020-212021-22
Total Expenditureโ€”โ€”โ€”Rs 47,700 croreRs 52,000 crore
Revenue Receiptsโ€”โ€”โ€”Rs 38,500 croreRs 48,500 crore
Capital Expenditureโ€”โ€”โ€”Rs 5,200 croreRs 7,800 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”1.4%0.4%
Own Tax Revenueโ€”โ€”โ€”Rs 32,000 croreRs 42,000 crore

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

Understanding Delhi State Budget 2021-22

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