Ladakh State Budget 2024-25 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Ladakh FY 2024-25
Centrally Administered UT โ 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).
Ladakh State Budget 2024-25 Budget at a Glance
Total Receipts
Rs 3,110 crore
(excl. borrowings)
Total Expenditure
Rs 5,958 crore
Fiscal Deficit
0.0%
Rs 0
Capital Expenditure
Rs 2,848 crore
Tax Revenue
Rs 30 crore
Net to Centre
Interest Payments
Rs 0
0% of expenditure
Ladakh Revenue Receipts 2024-25
Own tax revenue vs non-tax revenue breakdown
Ladakh Expenditure Breakdown 2024-25
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP โ Ladakh 2024-25
The fiscal deficit for Ladakh in 2024-25 is 0.0% of GSDP (Rs 0), 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. Ladakh is maintaining fiscal discipline close to the recommended limit.
Ladakh State Budget 2024-25 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 5,958 crore | 100% |
| 1. Revenue Receipts | Rs 3,110 crore | 52.2% |
| a. Own Tax Revenue | Rs 30 crore | 0.5% |
| b. Non-Tax Revenue | Rs 20 crore | 0.3% |
| B. Total Expenditure | Rs 5,958 crore | 100% |
| 1. Revenue Expenditure | Rs 3,110 crore | 52.2% |
| 2. Capital Expenditure | Rs 2,848 crore | 47.8% |
| C. Fiscal Deficit | Rs 0 | 0.0% of GSDP |
Source: Ladakh State Budget Documents via PRS India. All figures in Indian Rupees.
Ladakh Department-wise Expenditure 2024-25
Top departments by allocation in Ladakh for 2024-25
| Department โ | Revenue โ | Capital โ | Total โ | Share |
|---|---|---|---|---|
1. Public Works & Roads | Rs 428 crore | Rs 1,098 crore | Rs 1,526 crore | 25.6% |
2. Education | Rs 584 crore | Rs 195 crore | Rs 779 crore | 13.1% |
3. Power & Renewable Energy | Rs 305 crore | Rs 427 crore | Rs 732 crore | 12.3% |
4. Health & Family Welfare | Rs 427 crore | Rs 159 crore | Rs 586 crore | 9.8% |
5. Rural Development | Rs 317 crore | Rs 245 crore | Rs 562 crore | 9.4% |
6. General Administration | Rs 317 crore | Rs 94 crore | Rs 411 crore | 6.9% |
7. Tourism & Culture | Rs 244 crore | Rs 159 crore | Rs 403 crore | 6.8% |
8. Water Supply & Sanitation | Rs 173 crore | Rs 195 crore | Rs 368 crore | 6.2% |
9. Agriculture & Animal Husbandry | Rs 183 crore | Rs 122 crore | Rs 305 crore | 5.1% |
10. Social & Tribal Welfare | Rs 132 crore | Rs 154 crore | Rs 286 crore | 4.8% |
Ladakh Budget 2024-25 Analysis & Highlights
Key Highlights
- Total Union Budget allocation for Ladakh at Rs 5,958 crore in 2024-25 BE โ the highest per-capita allocation among all UTs
- Capital expenditure at Rs 2,848 crore represents 47.8% of total, reflecting massive infrastructure needs
- Revenue expenditure at Rs 3,110 crore covers governance across the world most extreme inhabited terrain
- Public Works and Roads leads at Rs 1,526 crore (25.6%) for strategic road construction
- Education receives Rs 779 crore supporting schools that operate in sub-zero temperatures for months
- Power and Renewable Energy at Rs 732 crore invests in solar energy at high-altitude locations
- Health at Rs 586 crore funds healthcare delivery across an area with 3 persons per square kilometre
- Tourism and Culture at Rs 403 crore capitalises on the post-COVID tourism boom in Ladakh
- GSDP estimated at Rs 8,500 crore โ with government spending constituting over 70% of the economy
- Created as a UT in August 2019, Ladakh is still building its administrative apparatus from scratch
- Rural Development at Rs 562 crore supports Pashmina herders and traditional agricultural communities
- Social and Tribal Welfare at Rs 286 crore covers 97% Scheduled Tribe population
Compare Ladakh Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | โ | Rs 5,958 crore |
| Revenue Receipts | โ | โ | โ | โ | Rs 3,110 crore |
| Capital Expenditure | โ | โ | โ | โ | Rs 2,848 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | โ | 0.0% |
| Own Tax Revenue | โ | โ | โ | โ | Rs 30 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Ladakh State Budget 2024-25
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.
Explore More
Compare Ladakh with other states
Side-by-side comparison of fiscal metrics across Indian states