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Haryana State Budget 2009-10 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Haryana FY 2009-10

Haryana State Budget 2009-10 Budget at a Glance

Total Receipts

Rs 22,400 crore

+14.9%

Total Expenditure

Rs 32,700 crore

+18.5%

Fiscal Deficit

3.2%

Rs 6,300 crore

Capital Expenditure

Rs 5,200 crore

+23.8%

Tax Revenue

Rs 14,800 crore

+12.1%

Interest Payments

Rs 3,700 crore

11% of expenditure

Haryana Revenue Receipts 2009-10

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 14,800 crore (80.9%)
Non-Tax Revenue
Rs 3,500 crore (19.1%)

Haryana Expenditure Breakdown 2009-10

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 84.1%
Capital Expenditure 15.9%

Fiscal Deficit as % of GSDP โ€” Haryana 2009-10

The fiscal deficit for Haryana in 2009-10 is 3.2% of GSDP (Rs 6,300 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. Haryana is maintaining fiscal discipline close to the recommended limit.

Interest payments at Rs 3,700 crore consume 11.3% of total expenditure.

Haryana State Budget 2009-10 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 30,400 crore100%
1. Revenue ReceiptsRs 22,400 crore73.7%
a. Own Tax RevenueRs 14,800 crore48.7%
b. Non-Tax RevenueRs 3,500 crore11.5%
B. Total ExpenditureRs 32,700 crore100%
1. Revenue ExpenditureRs 27,500 crore84.1%
2. Capital ExpenditureRs 5,200 crore15.9%
of which: Interest PaymentsRs 3,700 crore11.3%
C. Fiscal DeficitRs 6,300 crore3.2% of GSDP

Source: Haryana State Budget Documents via PRS India. All figures in Indian Rupees.

Haryana Budget 2009-10 Analysis & Highlights

Key Highlights

  • Total expenditure approximately Rs 37,000 crore as the economy recovered from the global financial crisis.
  • Gurgaon IT sector rebounded with resumed hiring and expansion โ€” offices in Cyber City at full occupancy.
  • Automobile manufacturing recovered โ€” Maruti Suzuki announced capacity expansion at Manesar.
  • Real estate market showed signs of recovery โ€” stamp duty collections improving.
  • Commonwealth Games 2010 preparation at final stage โ€” Haryana venues nearing completion.
  • Education spending at Rs 5,500 crore โ€” focus on girl child education and reducing gender disparity.
  • Health allocation at Rs 2,800 crore โ€” Hooda government announced AIIMS-equivalent for Haryana.
  • Capital expenditure at Rs 5,500 crore โ€” KMP Expressway and Games infrastructure as priorities.
  • Agricultural production strong โ€” wheat procurement from Haryana at record levels.
  • Revenue recovery driven by NCR economic bounce-back and construction activity.
  • Haryana's sports excellence โ€” state athletes expected to dominate CWG medal tally.
  • Power capacity expanded with new thermal units improving supply reliability.
  • Jat reservation demand emerging as a political issue โ€” would dominate politics in subsequent years.
  • Sex ratio concern continuing โ€” Beti Bachao campaigns receiving increased attention.

Compare Haryana Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2005-062006-072007-082008-092009-10
Total Expenditureโ€”โ€”โ€”Rs 27,600 croreRs 32,700 crore
Revenue Receiptsโ€”โ€”โ€”Rs 19,500 croreRs 22,400 crore
Capital Expenditureโ€”โ€”โ€”Rs 4,200 croreRs 5,200 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”2.6%3.2%
Own Tax Revenueโ€”โ€”โ€”Rs 13,200 croreRs 14,800 crore

Columns showing "โ€”" will populate as more data is ingested. Data from official budget documents via PRS India.

Understanding Haryana State Budget 2009-10

The Haryana 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.

Haryana 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.

Compare Haryana with other states

Side-by-side comparison of fiscal metrics across Indian states