Delhi State Budget 2026-27 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Delhi FY 2026-27
Delhi State Budget 2026-27 Budget at a Glance
Total Receipts
Rs 81,992 crore
+14.1%
Total Expenditure
Rs 99,446 crore
+0.1%
Fiscal Deficit
1.3%
Rs 16,966 crore
Capital Expenditure
Rs 26,546 crore
-18.6%
Tax Revenue
Rs 74,000 crore
+8.8%
Interest Payments
Rs 2,734 crore
3% of expenditure
Delhi Revenue Receipts 2026-27
Own tax revenue vs non-tax revenue breakdown
Delhi Expenditure Breakdown 2026-27
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP โ Delhi 2026-27
The fiscal deficit for Delhi in 2026-27 is 1.3% of GSDP (Rs 16,966 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 2,734 crore consume 2.7% of total expenditure.
Delhi State Budget 2026-27 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 82,480 crore | 100% |
| 1. Revenue Receipts | Rs 81,992 crore | 99.4% |
| a. Own Tax Revenue | Rs 74,000 crore | 89.7% |
| b. Non-Tax Revenue | Rs 900 crore | 1.1% |
| B. Total Expenditure | Rs 99,446 crore | 100% |
| 1. Revenue Expenditure | Rs 72,900 crore | 73.3% |
| 2. Capital Expenditure | Rs 26,546 crore | 26.7% |
| of which: Interest Payments | Rs 2,734 crore | 2.7% |
| C. Fiscal Deficit | Rs 16,966 crore | 1.3% of GSDP |
Source: Delhi State Budget Documents via PRS India. All figures in Indian Rupees.
Delhi Department-wise Expenditure 2026-27
Top departments by allocation in Delhi for 2026-27
| Department โ | Revenue โ | Capital โ | Total โ | Share |
|---|---|---|---|---|
1. Education, Sports, Arts and Culture | Rs 13,977 crore | Rs 5,089 crore | Rs 19,066 crore | 19.2% |
2. Health and Family Welfare | Rs 9,555 crore | Rs 3,479 crore | Rs 13,034 crore | 13.1% |
3. Transport | Rs 7,553 crore | Rs 2,750 crore | Rs 10,303 crore | 10.4% |
4. Social Welfare and Nutrition | Rs 7,477 crore | Rs 2,723 crore | Rs 10,200 crore | 10.3% |
5. Energy | Rs 2,887 crore | Rs 1,051 crore | Rs 3,938 crore | 4.0% |
6. Urban Development | Rs 2,879 crore | Rs 1,048 crore | Rs 3,927 crore | 3.9% |
7. Water Supply and Sanitation | Rs 1,770 crore | Rs 645 crore | Rs 2,415 crore | 2.4% |
8. Rural Development | Rs 25 crore | Rs 787 crore | Rs 812 crore | 0.8% |
9. Irrigation and Flood Control | Rs 264 crore | Rs 526 crore | Rs 790 crore | 0.8% |
10. Housing | Rs 356 crore | Rs 130 crore | Rs 486 crore | 0.5% |
Delhi Budget 2026-27 Analysis & Highlights
Key Highlights
- Delhi's 2026-27 budget totals Rs 1,03,700 crore โ the capital's second consecutive Rs 1-lakh-crore-plus budget, up 3.7% on the Rs 1,00,000 crore budget estimate for 2025-26.
- Net of debt repayment of Rs 4,254 crore, expenditure is Rs 99,446 crore, a 5% increase over the 2025-26 revised estimate of Rs 94,668 crore.
- The fiscal deficit is budgeted at Rs 16,966 crore, 24% below the 2025-26 revised estimate of Rs 22,289 crore (1.7% of GSDP) โ roughly 1.3% of the latest available GSDP of Rs 13,27,000 crore.
- Delhi budgets a revenue surplus of Rs 9,092 crore for 2026-27, up 77% from the Rs 5,135 crore revised estimate for 2025-26.
- Own tax revenue is projected at Rs 74,000 crore (+13% over RE), with 91% of revenue receipts raised from Delhi's own resources and only Rs 7,092 crore coming as central grants.
- State GST alone contributes Rs 43,500 crore โ 59% of own tax revenue โ while stamps duty is budgeted to jump 25% to Rs 11,000 crore and state excise 20% to Rs 7,200 crore.
- Capital expenditure of Rs 30,800 crore takes 29.7% of the budget; core capital outlay rises 13% to Rs 17,624 crore โ nearly five times the Rs 3,695 crore actually spent in 2024-25.
- Delhi turns decisively to debt: gross borrowings of Rs 19,580 crore in 2026-27, including Rs 16,700 crore of market borrowing and Rs 2,500 crore of interest-free 50-year SASCI capex loans, after borrowing just Rs 142 crore in 2024-25.
- Education gets the largest sectoral allocation at Rs 19,066 crore โ 21.1% of sectoral expenditure against a 14.5% all-states average.
- Health is allocated Rs 13,034 crore (+29% over RE) โ at 14.4% of expenditure, more than double the 6.2% all-states average โ including Rs 1,500 crore for PM Ayushman Bharat Health Infrastructure Mission.
- Social welfare more than doubles over the revised estimate to Rs 10,200 crore, driven by Rs 5,110 crore for the Mahila Samridhi Yojana; subsidies include Rs 3,500 crore for power, Rs 500 crore for water and Rs 450 crore for women's bus travel.
- 2025-26 slipped badly: receipts came in 11% below budget, central grants fell 56% short, and the fiscal deficit overshot the Rs 13,703 crore target by 63% to Rs 22,289 crore.
- Interest payments of Rs 2,734 crore consume just 3% of revenue receipts, and pension spending is a token Rs 6 crore โ the lightest committed-expenditure burden of any large Indian government.
Compare Delhi Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 99,310 crore | Rs 99,446 crore |
| Revenue Receipts | โ | โ | โ | Rs 71,845 crore | Rs 81,992 crore |
| Capital Expenditure | โ | โ | โ | Rs 32,600 crore | Rs 26,546 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 1.7% | 1.3% |
| Own Tax Revenue | โ | โ | โ | Rs 68,000 crore | Rs 74,000 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Delhi State Budget 2026-27
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