Delhi State Budget 2022-23 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Delhi FY 2022-23
Delhi State Budget 2022-23 Budget at a Glance
Total Receipts
Rs 55,800 crore
+15.1%
Total Expenditure
Rs 65,000 crore
+25.0%
Fiscal Deficit
0.6%
Rs 6,000 crore
Capital Expenditure
Rs 9,000 crore
+15.4%
Tax Revenue
Rs 49,500 crore
+17.9%
Interest Payments
Rs 2,600 crore
4% of expenditure
Delhi Revenue Receipts 2022-23
Own tax revenue vs non-tax revenue breakdown
Delhi Expenditure Breakdown 2022-23
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Delhi 2022-23
The fiscal deficit for Delhi in 2022-23 is 0.6% of GSDP (Rs 6,000 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 2,600 crore consume 4.0% of total expenditure.
Delhi State Budget 2022-23 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 64,000 crore | 100% |
| 1. Revenue Receipts | Rs 55,800 crore | 87.2% |
| a. Own Tax Revenue | Rs 49,500 crore | 77.3% |
| b. Non-Tax Revenue | Rs 1,200 crore | 1.9% |
| B. Total Expenditure | Rs 65,000 crore | 100% |
| 1. Revenue Expenditure | Rs 51,000 crore | 78.5% |
| 2. Capital Expenditure | Rs 9,000 crore | 13.8% |
| of which: Interest Payments | Rs 2,600 crore | 4.0% |
| C. Fiscal Deficit | Rs 6,000 crore | 0.6% of GSDP |
Source: Delhi State Budget Documents via PRS India. All figures in Indian Rupees.
Delhi Budget 2022-23 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 65,000 crore with significant expansion across all categories
- Revenue receipts at Rs 55,800 crore with own tax revenue at Rs 49,500 crore โ record high
- Revenue deficit at Rs 4,800 crore as subsidy and social programmes expand
- Fiscal deficit at 0.6% of GSDP (Rs 6,000 crore), maintained at conservative levels
- Capital expenditure at Rs 9,000 crore with Metro Phase IV and infrastructure modernisation
- Total outstanding debt at Rs 27,000 crore with debt-to-GSDP at 2.8%
- Interest payments at Rs 2,600 crore grow with the expanding debt stock
- GSDP at Rs 9,80,000 crore โ Delhi approaches Rs 10 lakh crore economic output
- GST compensation cess regime ends, but Delhi strong collections minimise impact
- Education and health continue to command the largest budget shares
- Political crisis with AAP leadership facing legal challenges affects governance
- Market borrowings at Rs 6,000 crore fund the expanded capital programme
Compare Delhi Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 52,000 crore | Rs 65,000 crore |
| Revenue Receipts | โ | โ | โ | Rs 48,500 crore | Rs 55,800 crore |
| Capital Expenditure | โ | โ | โ | Rs 7,800 crore | Rs 9,000 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 0.4% | 0.6% |
| Own Tax Revenue | โ | โ | โ | Rs 42,000 crore | Rs 49,500 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Delhi State Budget 2022-23
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