Delhi State Budget 2023-24 Analysis
Revised EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Delhi FY 2023-24
Delhi State Budget 2023-24 Budget at a Glance
Total Receipts
Rs 61,500 crore
+10.2%
Total Expenditure
Rs 79,894 crore
+22.9%
Fiscal Deficit
0.7%
Rs 7,878 crore
Capital Expenditure
Rs 8,366 crore
-7.0%
Tax Revenue
Rs 55,300 crore
+11.7%
Interest Payments
Rs 3,094 crore
4% of expenditure
Delhi Revenue Receipts 2023-24
Own tax revenue vs non-tax revenue breakdown
Delhi Expenditure Breakdown 2023-24
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP โ Delhi 2023-24
The fiscal deficit for Delhi in 2023-24 is 0.7% of GSDP (Rs 7,878 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 3,094 crore consume 3.9% of total expenditure.
Delhi State Budget 2023-24 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 67,016 crore | 100% |
| 1. Revenue Receipts | Rs 61,500 crore | 91.8% |
| a. Own Tax Revenue | Rs 55,300 crore | 82.5% |
| b. Non-Tax Revenue | Rs 1,375 crore | 2.1% |
| B. Total Expenditure | Rs 79,894 crore | 100% |
| 1. Revenue Expenditure | Rs 56,534 crore | 70.8% |
| 2. Capital Expenditure | Rs 8,366 crore | 10.5% |
| of which: Interest Payments | Rs 3,094 crore | 3.9% |
| C. Fiscal Deficit | Rs 7,878 crore | 0.7% of GSDP |
Source: Delhi State Budget Documents via PRS India. All figures in Indian Rupees.
Delhi Department-wise Expenditure 2023-24
Top departments by allocation in Delhi for 2023-24
| Department โ | Revenue โ | Capital โ | Total โ | Share |
|---|---|---|---|---|
1. Education, Sports & Culture | Rs 14,500 crore | Rs 1,200 crore | Rs 15,700 crore | 19.7% |
2. Health & Family Welfare | Rs 7,500 crore | Rs 1,000 crore | Rs 8,500 crore | 10.6% |
3. Transport & Roads | Rs 4,800 crore | Rs 1,800 crore | Rs 6,600 crore | 8.3% |
4. Social Welfare & Women | Rs 4,200 crore | Rs 300 crore | Rs 4,500 crore | 5.6% |
5. Urban Development | Rs 3,500 crore | Rs 700 crore | Rs 4,200 crore | 5.3% |
6. Home & Police | Rs 3,200 crore | Rs 300 crore | Rs 3,500 crore | 4.4% |
7. Water Supply & Sanitation | Rs 2,600 crore | Rs 800 crore | Rs 3,400 crore | 4.3% |
8. Energy | Rs 2,900 crore | Rs 500 crore | Rs 3,400 crore | 4.3% |
9. Public Works | Rs 1,650 crore | Rs 700 crore | Rs 2,350 crore | 2.9% |
10. Environment & Forests | Rs 1,300 crore | Rs 250 crore | Rs 1,550 crore | 1.9% |
Delhi Budget 2023-24 Analysis & Highlights
Key Highlights
- Revised expenditure at Rs 68,000 crore โ close to budget estimates.
- Revenue performed well with GST growth of 14% driven by services sector.
- Education spending maintained at Rs 14,500 crore โ school results improved.
- Health spending at Rs 8,000 crore with mohalla clinics handling 2 crore visits.
- Transport spending included new electric bus induction and Metro support.
- Fiscal deficit at Rs 7,000 crore within UT borrowing limits.
- Excise policy litigation affected revenue planning mid-year.
- Pollution season spending on emergency measures during October-January.
- Water supply coverage expanded to additional unauthorised colonies.
- Outstanding debt at Rs 42,000 crore with comfortable debt-to-GSDP ratio.
Compare Delhi Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 65,000 crore | Rs 79,894 crore |
| Revenue Receipts | โ | โ | โ | Rs 55,800 crore | Rs 61,500 crore |
| Capital Expenditure | โ | โ | โ | Rs 9,000 crore | Rs 8,366 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 0.6% | 0.7% |
| Own Tax Revenue | โ | โ | โ | Rs 49,500 crore | Rs 55,300 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Delhi State Budget 2023-24
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