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Mizoram State Budget 2009-10 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Mizoram FY 2009-10

Mizoram State Budget 2009-10 Budget at a Glance

Total Receipts

Rs 3,000 crore

+15.4%

Total Expenditure

Rs 3,550 crore

+12.7%

Fiscal Deficit

6.4%

Rs 350 crore

Capital Expenditure

Rs 750 crore

+15.4%

Tax Revenue

Rs 200 crore

+17.6%

Interest Payments

Rs 290 crore

8% of expenditure

Mizoram Revenue Receipts 2009-10

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 200 crore (48.8%)
Non-Tax Revenue
Rs 210 crore (51.2%)

Mizoram Expenditure Breakdown 2009-10

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 78.9%
Capital Expenditure 21.1%

Fiscal Deficit as % of GSDP โ€” Mizoram 2009-10

The fiscal deficit for Mizoram in 2009-10 is 6.4% of GSDP (Rs 350 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. Mizoram's deficit is above this threshold, driven by higher capital spending needs.

Interest payments at Rs 290 crore consume 8.2% of total expenditure.

Mizoram State Budget 2009-10 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 3,600 crore100%
1. Revenue ReceiptsRs 3,000 crore83.3%
a. Own Tax RevenueRs 200 crore5.6%
b. Non-Tax RevenueRs 210 crore5.8%
B. Total ExpenditureRs 3,550 crore100%
1. Revenue ExpenditureRs 2,800 crore78.9%
2. Capital ExpenditureRs 750 crore21.1%
of which: Interest PaymentsRs 290 crore8.2%
C. Fiscal DeficitRs 350 crore6.4% of GSDP

Source: Mizoram State Budget Documents via PRS India. All figures in Indian Rupees.

Mizoram Budget 2009-10 Analysis & Highlights

Key Highlights

  • Total expenditure at Rs 3,550 crore with revenue expenditure of Rs 2,800 crore reflecting full pay commission costs
  • Revenue receipts at Rs 3,000 crore with own tax revenue at Rs 200 crore showing incremental growth
  • Revenue deficit at Rs 200 crore as establishment costs continue to escalate beyond revenue growth
  • Fiscal deficit at 6.4% of GSDP (Rs 350 crore) โ€” among the highest in the state history
  • Capital expenditure at Rs 750 crore with expanded road construction programme
  • Total outstanding debt at Rs 3,000 crore with debt-to-GSDP at 54.5% โ€” persistently elevated
  • Interest payments at Rs 290 crore absorb nearly 10% of revenue receipts
  • Market borrowings at Rs 180 crore increase as the state diversifies funding sources
  • GSDP estimated at Rs 5,500 crore with agriculture and government services driving modest growth
  • Thirteenth Finance Commission period begins with enhanced grants for special category states
  • Bamboo sector development receives continued emphasis under the National Bamboo Mission
  • New Land Use Policy concept gains political traction ahead of future implementation

Compare Mizoram Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2005-062006-072007-082008-092009-10
Total Expenditureโ€”โ€”โ€”Rs 3,150 croreRs 3,550 crore
Revenue Receiptsโ€”โ€”โ€”Rs 2,600 croreRs 3,000 crore
Capital Expenditureโ€”โ€”โ€”Rs 650 croreRs 750 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”5.0%6.4%
Own Tax Revenueโ€”โ€”โ€”Rs 170 croreRs 200 crore

Columns showing "โ€”" will populate as more data is ingested. Data from official budget documents via PRS India.

Understanding Mizoram State Budget 2009-10

The Mizoram 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.

Mizoram 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.

Compare Mizoram with other states

Side-by-side comparison of fiscal metrics across Indian states