Gujarat State Budget 2000-01 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Gujarat FY 2000-01
Gujarat State Budget 2000-01 Budget at a Glance
Total Receipts
Rs 14,000 crore
(excl. borrowings)
Total Expenditure
Rs 20,000 crore
Fiscal Deficit
4.0%
Rs 5,600 crore
Capital Expenditure
Rs 3,500 crore
Tax Revenue
Rs 8,400 crore
Net to Centre
Interest Payments
Rs 3,000 crore
15% of expenditure
Gujarat Revenue Receipts 2000-01
Own tax revenue vs non-tax revenue breakdown
Gujarat Expenditure Breakdown 2000-01
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP â Gujarat 2000-01
The fiscal deficit for Gujarat in 2000-01 is 4.0% of GSDP (Rs 5,600 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. Gujarat's deficit is above this threshold, driven by higher capital spending needs.
Interest payments at Rs 3,000 crore consume 15.0% of total expenditure.
Gujarat State Budget 2000-01 â Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 17,500 crore | 100% |
| 1. Revenue Receipts | Rs 14,000 crore | 80.0% |
| a. Own Tax Revenue | Rs 8,400 crore | 48.0% |
| b. Non-Tax Revenue | Rs 2,240 crore | 12.8% |
| B. Total Expenditure | Rs 20,000 crore | 100% |
| 1. Revenue Expenditure | Rs 16,500 crore | 82.5% |
| 2. Capital Expenditure | Rs 3,500 crore | 17.5% |
| of which: Interest Payments | Rs 3,000 crore | 15.0% |
| C. Fiscal Deficit | Rs 5,600 crore | 4.0% of GSDP |
Source: Gujarat State Budget Documents via PRS India. All figures in Indian Rupees.
Gujarat Budget 2000-01 Analysis & Highlights
Key Highlights
- 2001 Gujarat earthquake (January) devastated Kutch; Rs 10,000 crore in emergency reconstruction.
- Keshubhai Patel's BJP government faced reconstruction challenge alongside fiscal constraints.
- State sales tax collections of Rs 7,000 crore amid economic disruption.
- Fiscal deficit at 4.5% of GSDP, the highest in Gujarat's modern history, driven by earthquake response.
- Agriculture contracted 5% as earthquake disrupted irrigation infrastructure in Kutch.
- Capital expenditure surged to Rs 8,000 crore for reconstruction but was offset by destruction.
- Jamnagar refinery (Phase 1) began contributing to state revenue through economic activity.
- State debt-GSDP ratio at 28% following emergency borrowing.
- Per-capita income at Rs 25,000, marginally above national average.
- Mundra port development commenced as part of post-earthquake Kutch reconstruction vision.
Compare Gujarat Budget â Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2000-01 |
|---|---|
| Total Expenditure | Rs 20,000 crore |
| Revenue Receipts | Rs 14,000 crore |
| Capital Expenditure | Rs 3,500 crore |
| Fiscal Deficit (% GSDP) | 4.0% |
| Own Tax Revenue | Rs 8,400 crore |
Columns showing "â" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Gujarat State Budget 2000-01
The Gujarat 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.
Gujarat 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.
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Compare Gujarat with other states
Side-by-side comparison of fiscal metrics across Indian states