Jharkhand State Budget 2019-20 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Jharkhand FY 2019-20
Jharkhand State Budget 2019-20 Budget at a Glance
Total Receipts
Rs 53,800 crore
+2.5%
Total Expenditure
Rs 68,400 crore
+2.7%
Fiscal Deficit
3.0%
Rs 9,500 crore
Capital Expenditure
Rs 11,200 crore
-12.5%
Tax Revenue
Rs 17,800 crore
+3.5%
Interest Payments
Rs 6,400 crore
9% of expenditure
Jharkhand Revenue Receipts 2019-20
Own tax revenue vs non-tax revenue breakdown
Jharkhand Expenditure Breakdown 2019-20
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Jharkhand 2019-20
The fiscal deficit for Jharkhand in 2019-20 is 3.0% of GSDP (Rs 9,500 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. Jharkhand is maintaining fiscal discipline close to the recommended limit.
Interest payments at Rs 6,400 crore consume 9.4% of total expenditure.
Jharkhand State Budget 2019-20 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 75,500 crore | 100% |
| 1. Revenue Receipts | Rs 53,800 crore | 71.3% |
| a. Own Tax Revenue | Rs 17,800 crore | 23.6% |
| b. Non-Tax Revenue | Rs 8,100 crore | 10.7% |
| B. Total Expenditure | Rs 68,400 crore | 100% |
| 1. Revenue Expenditure | Rs 57,200 crore | 83.6% |
| 2. Capital Expenditure | Rs 11,200 crore | 16.4% |
| of which: Interest Payments | Rs 6,400 crore | 9.4% |
| C. Fiscal Deficit | Rs 9,500 crore | 3.0% of GSDP |
Source: Jharkhand State Budget Documents via PRS India. All figures in Indian Rupees.
Jharkhand Budget 2019-20 Analysis & Highlights
Key Highlights
- Total expenditure at approximately Rs 64,000 crore under the Raghubar Das government's final budget.
- Jharkhand assembly elections in December 2019 resulted in JMM-Congress government under Hemant Soren.
- Mining sector remained resilient through the year despite global trade uncertainties.
- Pre-election spending boost visible in welfare scheme announcements and accelerated disbursements.
- Education spending at Rs 12,000 crore โ teacher recruitment target raised to address remaining 35,000 vacancies.
- Health allocation at Rs 5,500 crore โ Ayushman Bharat generating 8 lakh hospitalisations in first year.
- Capital expenditure at Rs 10,500 crore with Deoghar airport and highway projects as priorities.
- MGNREGA at Rs 5,500 crore reflecting both demand and pre-election employment generation push.
- GST collections stabilised at approximately Rs 8,000 crore showing improved compliance.
- Jharkhand's GSDP crossed Rs 3 lakh crore at current prices for the first time.
- Tribal land rights issue dominated political discourse ahead of elections.
- Coal auction revenues from commercial mining added to non-tax revenue.
- New government assumed office in late December 2019 โ fiscal continuity maintained through transition.
Compare Jharkhand Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 66,600 crore | Rs 68,400 crore |
| Revenue Receipts | โ | โ | โ | Rs 52,500 crore | Rs 53,800 crore |
| Capital Expenditure | โ | โ | โ | Rs 12,800 crore | Rs 11,200 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 3.1% | 3.0% |
| Own Tax Revenue | โ | โ | โ | Rs 17,200 crore | Rs 17,800 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Jharkhand State Budget 2019-20
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