Ladakh State Budget 2023-24 Analysis
Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Ladakh FY 2023-24
Centrally Administered UT — Union Budget Allocation
Ladakh does not have its own legislature. The data shown here represents the Union Budget allocation through the Ministry of Home Affairs (MHA).
Budget Data Coming Soon
Budget data for Ladakh 2023-24 has not been imported yet.
Understanding Ladakh State Budget 2023-24
The Ladakh 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.
Ladakh 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 Ladakh with other states
Side-by-side comparison of fiscal metrics across Indian states