Haryana State Budget 2025-26 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Haryana FY 2025-26
Haryana State Budget 2025-26 Budget at a Glance
Total Receipts
Rs 1.33 lakh crore
+14.2%
Total Expenditure
Rs 1.69 lakh crore
+8.6%
Fiscal Deficit
2.7%
Rs 35,995 crore
Capital Expenditure
Rs 15,395 crore
-5.4%
Tax Revenue
Rs 93,500 crore
+10.6%
Interest Payments
Rs 26,231 crore
16% of expenditure
Haryana Revenue Receipts 2025-26
Own tax revenue vs non-tax revenue breakdown
Haryana Expenditure Breakdown 2025-26
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP โ Haryana 2025-26
The fiscal deficit for Haryana in 2025-26 is 2.7% of GSDP (Rs 35,995 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 26,231 crore consume 15.5% of total expenditure.
Haryana State Budget 2025-26 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 2.4 lakh crore | 100% |
| 1. Revenue Receipts | Rs 1.33 lakh crore | 55.6% |
| a. Own Tax Revenue | Rs 93,500 crore | 39.0% |
| b. Non-Tax Revenue | Rs 10,200 crore | 4.3% |
| B. Total Expenditure | Rs 1.69 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 1.54 lakh crore | 90.9% |
| 2. Capital Expenditure | Rs 15,395 crore | 9.1% |
| of which: Interest Payments | Rs 26,231 crore | 15.5% |
| C. Fiscal Deficit | Rs 35,995 crore | 2.7% of GSDP |
Source: Haryana State Budget Documents via PRS India. All figures in Indian Rupees.
Haryana Department-wise Expenditure 2025-26
Top departments by allocation in Haryana for 2025-26
| Department โ | Revenue โ | Capital โ | Total โ | Share |
|---|---|---|---|---|
1. Education | Rs 22,000 crore | Rs 2,000 crore | Rs 24,000 crore | 14.2% |
2. Urban Development | Rs 12,000 crore | Rs 3,000 crore | Rs 15,000 crore | 8.9% |
3. Health & Family Welfare | Rs 10,000 crore | Rs 2,200 crore | Rs 12,200 crore | 7.2% |
4. Agriculture & Allied | Rs 10,500 crore | Rs 1,500 crore | Rs 12,000 crore | 7.1% |
5. Rural Development | Rs 8,500 crore | Rs 2,000 crore | Rs 10,500 crore | 6.2% |
6. Police & Home | Rs 9,500 crore | Rs 1,000 crore | Rs 10,500 crore | 6.2% |
7. Energy | Rs 8,000 crore | Rs 1,200 crore | Rs 9,200 crore | 5.4% |
8. Transport & Roads | Rs 5,000 crore | Rs 3,500 crore | Rs 8,500 crore | 5.0% |
9. Social Welfare | Rs 7,500 crore | Rs 700 crore | Rs 8,200 crore | 4.8% |
10. Water Supply & Sanitation | Rs 3,500 crore | Rs 2,500 crore | Rs 6,000 crore | 3.5% |
Haryana Budget 2025-26 Analysis & Highlights
Key Highlights
- Total expenditure of Rs 1,69,229 crore, up 8.6% from 2024-25 BE
- Revenue receipts at Rs 1,33,234 crore with strong own tax revenue of Rs 93,500 crore
- Revenue deficit of Rs 20,600 crore persists despite high tax collection
- Fiscal deficit at 2.7% of GSDP (Rs 35,995 crore), within FRBM limits
- Capital expenditure at Rs 15,395 crore โ modest for an industrialised state
- Own tax at Rs 93,500 crore reflects NCR industrial corridor and Gurugram services boom
- Transport and roads at Rs 8,500 crore targeting KMP Expressway extensions and rural connectivity
- Sports infrastructure and academy funding โ Haryana produces most Olympic medallists per capita
- Outstanding debt at Rs 3,50,000 crore with debt-to-GSDP at 26.0%
- Interest payments at Rs 26,231 crore โ 19.7% of revenue receipts
- Education at Rs 24,000 crore with emphasis on skill development for industrial workforce
- GSDP at Rs 13,47,486 crore โ 5th largest state economy in India
Compare Haryana Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 1.56 lakh crore | Rs 1.69 lakh crore |
| Revenue Receipts | โ | โ | โ | Rs 1.17 lakh crore | Rs 1.33 lakh crore |
| Capital Expenditure | โ | โ | โ | Rs 16,281 crore | Rs 15,395 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 2.8% | 2.7% |
| Own Tax Revenue | โ | โ | โ | Rs 84,551 crore | Rs 93,500 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Haryana State Budget 2025-26
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.
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Compare Haryana with other states
Side-by-side comparison of fiscal metrics across Indian states