Jharkhand State Budget 2015-16 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Jharkhand FY 2015-16
Jharkhand State Budget 2015-16 Budget at a Glance
Total Receipts
Rs 36,800 crore
(excl. borrowings)
Total Expenditure
Rs 43,700 crore
Fiscal Deficit
2.7%
Rs 5,200 crore
Capital Expenditure
Rs 8,200 crore
Tax Revenue
Rs 11,200 crore
Net to Centre
Interest Payments
Rs 3,400 crore
8% of expenditure
Jharkhand Revenue Receipts 2015-16
Own tax revenue vs non-tax revenue breakdown
Jharkhand Expenditure Breakdown 2015-16
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Jharkhand 2015-16
The fiscal deficit for Jharkhand in 2015-16 is 2.7% of GSDP (Rs 5,200 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. Jharkhand is maintaining fiscal discipline close to the recommended limit.
Interest payments at Rs 3,400 crore consume 7.8% of total expenditure.
Jharkhand State Budget 2015-16 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 49,800 crore | 100% |
| 1. Revenue Receipts | Rs 36,800 crore | 73.9% |
| a. Own Tax Revenue | Rs 11,200 crore | 22.5% |
| b. Non-Tax Revenue | Rs 5,800 crore | 11.6% |
| B. Total Expenditure | Rs 43,700 crore | 100% |
| 1. Revenue Expenditure | Rs 35,500 crore | 81.2% |
| 2. Capital Expenditure | Rs 8,200 crore | 18.8% |
| of which: Interest Payments | Rs 3,400 crore | 7.8% |
| C. Fiscal Deficit | Rs 5,200 crore | 2.7% of GSDP |
Source: Jharkhand State Budget Documents via PRS India. All figures in Indian Rupees.
Jharkhand Budget 2015-16 Analysis & Highlights
Key Highlights
- Raghubar Das BJP government focused on mining sector reforms and industrial development.
- Coal sector reforms โ commercial mining auctions initiated by central government.
- Jamshedpur-Adityapur industrial area attracted auto ancillary investments.
- Fiscal position moderate โ mining revenue provided stable base.
- Tribal welfare received attention through Eklavya schools and Van Dhan programme.
- Road connectivity improving but vast gaps remained in Santhal Parganas and Palamau.
- Naxal activity declining from peak levels but still affecting development in 6 districts.
- Education indicators improving from very low base โ literacy approaching 70%.
- Health infrastructure remained critically deficient across the state.
- State celebrated 15 years since formation with mixed development record.
Compare Jharkhand Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2011-12 | 2012-13 | 2013-14 | 2014-15 | 2015-16 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | โ | Rs 43,700 crore |
| Revenue Receipts | โ | โ | โ | โ | Rs 36,800 crore |
| Capital Expenditure | โ | โ | โ | โ | Rs 8,200 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | โ | 2.7% |
| Own Tax Revenue | โ | โ | โ | โ | Rs 11,200 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Jharkhand State Budget 2015-16
The Jharkhand 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.
Jharkhand 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 Jharkhand with other states
Side-by-side comparison of fiscal metrics across Indian states