Lakshadweep State Budget 2024-25 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Lakshadweep FY 2024-25
Centrally Administered UT โ Union Budget Allocation
Lakshadweep does not have its own legislature. The data shown here represents the Union Budget allocation through the Ministry of Home Affairs (MHA).
Lakshadweep State Budget 2024-25 Budget at a Glance
Total Receipts
Rs 1,183 crore
(excl. borrowings)
Total Expenditure
Rs 1,490 crore
Fiscal Deficit
0.0%
Rs 0
Capital Expenditure
Rs 307 crore
Tax Revenue
Rs 10 crore
Net to Centre
Interest Payments
Rs 0
0% of expenditure
Lakshadweep Revenue Receipts 2024-25
Own tax revenue vs non-tax revenue breakdown
Lakshadweep 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 Lakshadweep 2024-25
The fiscal deficit for Lakshadweep 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. Lakshadweep is maintaining fiscal discipline close to the recommended limit.
Lakshadweep State Budget 2024-25 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 1,490 crore | 100% |
| 1. Revenue Receipts | Rs 1,183 crore | 79.4% |
| a. Own Tax Revenue | Rs 10 crore | 0.7% |
| b. Non-Tax Revenue | Rs 7 crore | 0.5% |
| B. Total Expenditure | Rs 1,490 crore | 100% |
| 1. Revenue Expenditure | Rs 1,183 crore | 79.4% |
| 2. Capital Expenditure | Rs 307 crore | 20.6% |
| C. Fiscal Deficit | Rs 0 | 0.0% of GSDP |
Source: Lakshadweep State Budget Documents via PRS India. All figures in Indian Rupees.
Lakshadweep Department-wise Expenditure 2024-25
Top departments by allocation in Lakshadweep for 2024-25
| Department โ | Revenue โ | Capital โ | Total โ | Share |
|---|---|---|---|---|
1. Public Works & Infrastructure | Rs 177 crore | Rs 115 crore | Rs 292 crore | 19.6% |
2. Shipping & Maritime | Rs 159 crore | Rs 53 crore | Rs 212 crore | 14.2% |
3. Education | Rs 177 crore | Rs 18 crore | Rs 195 crore | 13.1% |
4. Health & Family Welfare | Rs 142 crore | Rs 18 crore | Rs 160 crore | 10.7% |
5. Power & Energy | Rs 115 crore | Rs 40 crore | Rs 155 crore | 10.4% |
6. Fisheries & Marine Resources | Rs 89 crore | Rs 22 crore | Rs 111 crore | 7.4% |
7. General Administration | Rs 97 crore | Rs 5 crore | Rs 102 crore | 6.8% |
8. Water Supply & Sanitation | Rs 76 crore | Rs 18 crore | Rs 94 crore | 6.3% |
9. Tourism | Rs 80 crore | Rs 9 crore | Rs 89 crore | 6.0% |
10. Social Welfare | Rs 71 crore | Rs 9 crore | Rs 80 crore | 5.4% |
Lakshadweep Budget 2024-25 Analysis & Highlights
Key Highlights
- Total Union Budget allocation for Lakshadweep at Rs 1,490 crore in 2024-25 BE
- Revenue expenditure at Rs 1,183 crore covers administration of 36 islands with only 10 inhabited
- Capital expenditure at Rs 307 crore focuses on port infrastructure and desalination
- Public Works at Rs 292 crore funds construction on islands with no natural building materials
- Shipping and Maritime at Rs 212 crore maintains the lifeline ferry services from Kochi
- Education at Rs 195 crore supports the near-100% literacy rate among India highest
- Health at Rs 160 crore funds healthcare across islands reachable only by ship
- Power and Energy at Rs 155 crore invests in solar-diesel hybrid systems
- Fisheries and Marine Resources at Rs 111 crore supports the largest sectoral employer
- GSDP estimated at Rs 2,800 crore โ the smallest economy of any Indian territory
- Tourism at Rs 89 crore cautiously develops island eco-tourism with strict environmental limits
- Climate vulnerability drives investments in coral reef protection and coastal defence
Compare Lakshadweep 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 1,490 crore |
| Revenue Receipts | โ | โ | โ | โ | Rs 1,183 crore |
| Capital Expenditure | โ | โ | โ | โ | Rs 307 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | โ | 0.0% |
| Own Tax Revenue | โ | โ | โ | โ | Rs 10 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Lakshadweep State Budget 2024-25
The Lakshadweep 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.
Lakshadweep 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 Lakshadweep with other states
Side-by-side comparison of fiscal metrics across Indian states