Goa State Budget 2009-10 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Goa FY 2009-10
Goa State Budget 2009-10 Budget at a Glance
Total Receipts
Rs 5,500 crore
+25.0%
Total Expenditure
Rs 7,550 crore
+29.1%
Fiscal Deficit
3.3%
Rs 1,050 crore
Capital Expenditure
Rs 1,350 crore
+28.6%
Tax Revenue
Rs 3,000 crore
+20.0%
Interest Payments
Rs 800 crore
11% of expenditure
Goa Revenue Receipts 2009-10
Own tax revenue vs non-tax revenue breakdown
Goa Expenditure Breakdown 2009-10
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Goa 2009-10
The fiscal deficit for Goa in 2009-10 is 3.3% of GSDP (Rs 1,050 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. Goa is maintaining fiscal discipline close to the recommended limit.
Interest payments at Rs 800 crore consume 10.6% of total expenditure.
Goa State Budget 2009-10 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 8,000 crore | 100% |
| 1. Revenue Receipts | Rs 5,500 crore | 68.8% |
| a. Own Tax Revenue | Rs 3,000 crore | 37.5% |
| b. Non-Tax Revenue | Rs 850 crore | 10.6% |
| B. Total Expenditure | Rs 7,550 crore | 100% |
| 1. Revenue Expenditure | Rs 6,200 crore | 82.1% |
| 2. Capital Expenditure | Rs 1,350 crore | 17.9% |
| of which: Interest Payments | Rs 800 crore | 10.6% |
| C. Fiscal Deficit | Rs 1,050 crore | 3.3% of GSDP |
Source: Goa State Budget Documents via PRS India. All figures in Indian Rupees.
Goa Budget 2009-10 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 7,550 crore, a 29% surge driven by stimulus spending and pay revision
- Revenue receipts at Rs 5,500 crore with own tax revenue recovering to Rs 3,000 crore
- Revenue deficit of Rs 700 crore widens as expenditure growth far outpaces receipts
- Fiscal deficit at 3.3% of GSDP (Rs 1,050 crore), exceeding the FRBM ceiling
- Outstanding debt at Rs 6,600 crore with debt-to-GSDP at 20.6%
- Interest payments of Rs 800 crore absorb 14.5% of revenue receipts
- Capital expenditure at Rs 1,350 crore maintains the infrastructure momentum
- Mining sector recovers as Chinese demand rebounds and iron ore prices recover
- Tourism bounces back with domestic visitors driving record footfall
- Non-tax revenue at Rs 850 crore improves with commodity price recovery
- NREGA and centrally sponsored schemes expand rural expenditure
- GSDP at Rs 32,000 crore as the economy recovers from the crisis
Compare Goa Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2005-06 | 2006-07 | 2007-08 | 2008-09 | 2009-10 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 5,850 crore | Rs 7,550 crore |
| Revenue Receipts | โ | โ | โ | Rs 4,400 crore | Rs 5,500 crore |
| Capital Expenditure | โ | โ | โ | Rs 1,050 crore | Rs 1,350 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 2.5% | 3.3% |
| Own Tax Revenue | โ | โ | โ | Rs 2,500 crore | Rs 3,000 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Goa State Budget 2009-10
The Goa 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.
Goa 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 Goa with other states
Side-by-side comparison of fiscal metrics across Indian states