Haryana State Budget 2016-17 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Haryana FY 2016-17
Haryana State Budget 2016-17 Budget at a Glance
Total Receipts
Rs 53,800 crore
+10.9%
Total Expenditure
Rs 62,300 crore
+13.3%
Fiscal Deficit
2.0%
Rs 8,500 crore
Capital Expenditure
Rs 6,100 crore
+17.3%
Tax Revenue
Rs 33,600 crore
+11.3%
Interest Payments
Rs 6,700 crore
11% of expenditure
Haryana Revenue Receipts 2016-17
Own tax revenue vs non-tax revenue breakdown
Haryana Expenditure Breakdown 2016-17
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Haryana 2016-17
The fiscal deficit for Haryana in 2016-17 is 2.0% of GSDP (Rs 8,500 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 6,700 crore consume 10.8% of total expenditure.
Haryana State Budget 2016-17 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 63,800 crore | 100% |
| 1. Revenue Receipts | Rs 53,800 crore | 84.3% |
| a. Own Tax Revenue | Rs 33,600 crore | 52.7% |
| b. Non-Tax Revenue | Rs 8,400 crore | 13.2% |
| B. Total Expenditure | Rs 62,300 crore | 100% |
| 1. Revenue Expenditure | Rs 56,200 crore | 90.2% |
| 2. Capital Expenditure | Rs 6,100 crore | 9.8% |
| of which: Interest Payments | Rs 6,700 crore | 10.8% |
| C. Fiscal Deficit | Rs 8,500 crore | 2.0% of GSDP |
Source: Haryana State Budget Documents via PRS India. All figures in Indian Rupees.
Haryana Budget 2016-17 Analysis & Highlights
Key Highlights
- Total expenditure approximately Rs 80,000 crore under the Manohar Lal Khattar BJP government.
- Jat agitation of February 2016 caused Rs 34,000 crore in estimated damages โ Haryana's worst social crisis.
- Gurgaon (now Gurugram) continued as India's leading corporate hub despite infrastructure challenges.
- Automobile sector strong โ Maruti Suzuki Manesar and Gurgaon plants at full production capacity.
- GST implementation from July 2017 creating transitional adjustments for the industrial belt.
- Education spending at Rs 12,000 crore โ Haryana maintained above-average educational infrastructure.
- Health allocation at Rs 5,500 crore โ AIIMS Manethi under construction near Rewari.
- Capital expenditure at Rs 12,000 crore โ KMP Expressway operational, new highway projects launched.
- Revenue from NCR real estate recovering โ new residential and commercial developments in Gurugram.
- Stubble burning from Haryana contributing significantly to Delhi NCR winter air pollution.
- Sports budget at Rs 1,000 crore โ Haryana athletes won 12 medals at 2016 Olympics.
- Fiscal deficit at 2.8% of GSDP โ manageable given the strong revenue base.
- IMT (Industrial Model Township) Manesar expansion attracting Japanese and Korean manufacturers.
- Panchkula-Kalka corridor development accelerating with IT park and residential projects.
Compare Haryana Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 55,000 crore | Rs 62,300 crore |
| Revenue Receipts | โ | โ | โ | Rs 48,500 crore | Rs 53,800 crore |
| Capital Expenditure | โ | โ | โ | Rs 5,200 crore | Rs 6,100 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 1.7% | 2.0% |
| Own Tax Revenue | โ | โ | โ | Rs 30,200 crore | Rs 33,600 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Haryana State Budget 2016-17
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.
Explore More
Compare Haryana with other states
Side-by-side comparison of fiscal metrics across Indian states