Delhi State Budget 2025-26 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Delhi FY 2025-26
Delhi State Budget 2025-26 Budget at a Glance
Total Receipts
Rs 81,655 crore
+27.3%
Total Expenditure
Rs 1 lakh crore
+31.6%
Fiscal Deficit
1.1%
Rs 13,703 crore
Capital Expenditure
Rs 23,364 crore
+294.7%
Tax Revenue
Rs 68,000 crore
+15.7%
Interest Payments
Rs 3,203 crore
3% of expenditure
Delhi Revenue Receipts 2025-26
Own tax revenue vs non-tax revenue breakdown
Delhi Expenditure Breakdown 2025-26
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP โ Delhi 2025-26
The fiscal deficit for Delhi in 2025-26 is 1.1% of GSDP (Rs 13,703 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 3,203 crore consume 3.2% of total expenditure.
Delhi State Budget 2025-26 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 95,358 crore | 100% |
| 1. Revenue Receipts | Rs 81,655 crore | 85.6% |
| a. Own Tax Revenue | Rs 68,000 crore | 71.3% |
| b. Non-Tax Revenue | Rs 1,200 crore | 1.3% |
| B. Total Expenditure | Rs 1 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 71,994 crore | 72.0% |
| 2. Capital Expenditure | Rs 23,364 crore | 23.4% |
| of which: Interest Payments | Rs 3,203 crore | 3.2% |
| C. Fiscal Deficit | Rs 13,703 crore | 1.1% of GSDP |
Source: Delhi State Budget Documents via PRS India. All figures in Indian Rupees.
Delhi Department-wise Expenditure 2025-26
Top departments by allocation in Delhi for 2025-26
| Department โ | Revenue โ | Capital โ | Total โ | Share |
|---|---|---|---|---|
1. Education, Sports & Culture | Rs 18,200 crore | Rs 2,000 crore | Rs 20,200 crore | 20.2% |
2. Health & Family Welfare | Rs 10,500 crore | Rs 3,000 crore | Rs 13,500 crore | 13.5% |
3. Transport & Roads | Rs 6,200 crore | Rs 4,200 crore | Rs 10,400 crore | 10.4% |
4. Social Welfare & Women | Rs 9,800 crore | Rs 500 crore | Rs 10,300 crore | 10.3% |
5. Urban Development | Rs 5,000 crore | Rs 2,600 crore | Rs 7,600 crore | 7.6% |
6. Water Supply & Sanitation | Rs 3,600 crore | Rs 3,800 crore | Rs 7,400 crore | 7.4% |
7. Energy | Rs 4,200 crore | Rs 1,200 crore | Rs 5,400 crore | 5.4% |
8. Public Works | Rs 2,600 crore | Rs 2,500 crore | Rs 5,100 crore | 5.1% |
9. Home & Police | Rs 4,200 crore | Rs 800 crore | Rs 5,000 crore | 5.0% |
10. Environment & Forests | Rs 1,800 crore | Rs 500 crore | Rs 2,300 crore | 2.3% |
Delhi Budget 2025-26 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 76,000 crore โ India's highest spending UT with elected government.
- Fiscal deficit limited to Rs 8,500 crore under UT borrowing constraints.
- Delhi has no control over land, police, or public order โ limiting revenue and spending powers.
- Transport spending at Rs 12,000 crore dominated by Delhi Metro operational support and bus fleet.
- Education spending at Rs 16,500 crore โ highest per-student spending among Indian governments.
- Health allocation at Rs 9,000 crore with mohalla clinic and hospital expansion.
- Pollution control receives Rs 3,000 crore for stubble alternatives, EV subsidies, and smog towers.
- Tax revenue at Rs 42,000 crore driven by services GST and motor vehicle taxes.
- Capital expenditure at Rs 12,000 crore constrained by land availability and UT status.
- Water supply and sewerage receive Rs 5,500 crore โ Yamuna cleaning remains unfinished.
- Outstanding debt at Rs 48,000 crore with low debt-to-GSDP ratio.
- AAP government returning after brief BJP interregnum โ budget reflects reinstated priorities.
Compare Delhi Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 76,000 crore | Rs 1 lakh crore |
| Revenue Receipts | โ | โ | โ | Rs 64,142 crore | Rs 81,655 crore |
| Capital Expenditure | โ | โ | โ | Rs 5,919 crore | Rs 23,364 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 0.6% | 1.1% |
| Own Tax Revenue | โ | โ | โ | Rs 58,750 crore | Rs 68,000 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Delhi State Budget 2025-26
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