Jharkhand State Budget 2026-27 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Jharkhand FY 2026-27
Jharkhand State Budget 2026-27 Budget at a Glance
Total Receipts
Rs 1.36 lakh crore
+9.0%
Total Expenditure
Rs 1.5 lakh crore
+6.1%
Fiscal Deficit
2.2%
Rs 13,596 crore
Capital Expenditure
Rs 29,254 crore
+12.5%
Tax Revenue
Rs 97,236 crore
+159.3%
Interest Payments
Rs 6,520 crore
4% of expenditure
Jharkhand Revenue Receipts 2026-27
Own tax revenue vs non-tax revenue breakdown
Jharkhand Expenditure Breakdown 2026-27
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP โ Jharkhand 2026-27
The fiscal deficit for Jharkhand in 2026-27 is 2.2% of GSDP (Rs 13,596 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 6,520 crore consume 4.3% of total expenditure.
Jharkhand State Budget 2026-27 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 1.37 lakh crore | 100% |
| 1. Revenue Receipts | Rs 1.36 lakh crore | 99.8% |
| a. Own Tax Revenue | Rs 97,236 crore | 71.2% |
| b. Non-Tax Revenue | Rs 20,700 crore | 15.2% |
| B. Total Expenditure | Rs 1.5 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 1.21 lakh crore | 80.5% |
| 2. Capital Expenditure | Rs 29,254 crore | 19.5% |
| of which: Interest Payments | Rs 6,520 crore | 4.3% |
| C. Fiscal Deficit | Rs 13,596 crore | 2.2% of GSDP |
Source: Jharkhand State Budget Documents via PRS India. All figures in Indian Rupees.
Jharkhand Department-wise Expenditure 2026-27
Top departments by allocation in Jharkhand for 2026-27
| Department โ | Revenue โ | Capital โ | Total โ | Share |
|---|---|---|---|---|
1. Social Welfare and Nutrition | Rs 20,047 crore | Rs 4,853 crore | Rs 24,900 crore | 16.6% |
2. Rural Development | Rs 15,850 crore | Rs 3,837 crore | Rs 19,687 crore | 13.1% |
3. Education, Sports, Arts and Culture | Rs 15,555 crore | Rs 3,765 crore | Rs 19,320 crore | 12.9% |
4. Police | Rs 6,675 crore | Rs 1,616 crore | Rs 8,291 crore | 5.5% |
5. Health and Family Welfare | Rs 6,438 crore | Rs 1,559 crore | Rs 7,997 crore | 5.3% |
6. Energy | Rs 5,941 crore | Rs 1,438 crore | Rs 7,379 crore | 4.9% |
7. Transport | Rs 994 crore | Rs 6,000 crore | Rs 6,994 crore | 4.7% |
8. Agriculture and Allied Activities | Rs 5,353 crore | Rs 1,115 crore | Rs 6,468 crore | 4.3% |
9. Water Supply and Sanitation | Rs 4,193 crore | Rs 1,015 crore | Rs 5,208 crore | 3.5% |
10. Urban Development | Rs 3,034 crore | Rs 734 crore | Rs 3,768 crore | 2.5% |
Jharkhand Budget 2026-27 Analysis & Highlights
Key Highlights
- Jharkhand's gross budget for 2026-27 stands at Rs 1,58,560 crore, up 9% on the Rs 1,45,400 crore budgeted for 2025-26; expenditure net of debt repayment is Rs 1,50,106 crore, a 6% increase over the 2025-26 revised estimates.
- Fiscal deficit is targeted at Rs 13,596 crore (2.2% of GSDP), down sharply from Rs 16,239 crore (2.9% of GSDP) in the 2025-26 revised estimates and comfortably inside the 16th Finance Commission's 3% ceiling for states.
- The state budgets a revenue surplus of Rs 15,358 crore (2.5% of GSDP), a 63% jump over the 2025-26 revised-estimate surplus of Rs 9,401 crore.
- Nominal GSDP for 2026-27 is projected at Rs 6,24,868 crore, implying 10% growth over the 2025-26 revised estimate of Rs 5,67,897 crore.
- Capital outlay rises 11% to Rs 24,791 crore โ 4% of GSDP โ with Rs 6,000 crore of capital outlay on roads and bridges, of which Rs 5,700 crore is for state highways.
- The Mukhyamantri Maiya Samman Yojana gets Rs 14,066 crore โ 12% of the state's entire revenue expenditure โ funding Rs 2,500 monthly transfers to women aged 18 to 50.
- Own tax revenue is budgeted at Rs 45,999 crore (+10% over RE), lifting the own-tax-to-GSDP ratio to 7.4%, well above the 5.5% recorded in 2024-25 actuals.
- The cess on mineral-bearing land, notified only in October 2024, is expected to yield Rs 14,656 crore across tax and non-tax heads in 2026-27; Rs 1,209 crore will be invested in the Jharkhand Budget Stabilisation Fund as a buffer.
- Central transfers of Rs 69,511 crore fund 51% of revenue receipts โ Rs 51,237 crore in tax devolution (+11%) plus Rs 18,274 crore in grants, including Rs 13,671 crore for centrally sponsored schemes.
- Committed expenditure โ salaries Rs 21,968 crore, pensions Rs 9,967 crore, interest Rs 6,520 crore โ totals Rs 38,456 crore, or 28% of revenue receipts, an improvement from 34% in 2024-25 actuals.
- Outstanding liabilities are projected at 25.8% of GSDP at end-2026-27, but the state's own medium-term projections show a drift upward to 27.1% by 2028-29.
- Jharkhand's power distribution company booked a Rs 1,928 crore loss in 2024-25 with AT&C losses of 28% against a 15% national average, while the budget carries Rs 5,405 crore in power tariff subsidies.
Compare Jharkhand Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 1.42 lakh crore | Rs 1.5 lakh crore |
| Revenue Receipts | โ | โ | โ | Rs 1.25 lakh crore | Rs 1.36 lakh crore |
| Capital Expenditure | โ | โ | โ | Rs 25,997 crore | Rs 29,254 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 2.9% | 2.2% |
| Own Tax Revenue | โ | โ | โ | Rs 37,500 crore | Rs 97,236 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Jharkhand State Budget 2026-27
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