Mizoram State Budget 2019-20 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Mizoram FY 2019-20
Mizoram State Budget 2019-20 Budget at a Glance
Total Receipts
Rs 8,200 crore
+9.3%
Total Expenditure
Rs 9,300 crore
+12.0%
Fiscal Deficit
6.1%
Rs 1,100 crore
Capital Expenditure
Rs 1,300 crore
+18.2%
Tax Revenue
Rs 950 crore
+11.8%
Interest Payments
Rs 600 crore
6% of expenditure
Mizoram Revenue Receipts 2019-20
Own tax revenue vs non-tax revenue breakdown
Mizoram Expenditure Breakdown 2019-20
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Mizoram 2019-20
The fiscal deficit for Mizoram in 2019-20 is 6.1% of GSDP (Rs 1,100 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 600 crore consume 6.5% of total expenditure.
Mizoram State Budget 2019-20 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 9,800 crore | 100% |
| 1. Revenue Receipts | Rs 8,200 crore | 83.7% |
| a. Own Tax Revenue | Rs 950 crore | 9.7% |
| b. Non-Tax Revenue | Rs 2,200 crore | 22.4% |
| B. Total Expenditure | Rs 9,300 crore | 100% |
| 1. Revenue Expenditure | Rs 8,000 crore | 86.0% |
| 2. Capital Expenditure | Rs 1,300 crore | 14.0% |
| of which: Interest Payments | Rs 600 crore | 6.5% |
| C. Fiscal Deficit | Rs 1,100 crore | 6.1% of GSDP |
Source: Mizoram State Budget Documents via PRS India. All figures in Indian Rupees.
Mizoram Budget 2019-20 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 9,300 crore as pre-pandemic development spending peaks
- Revenue receipts at Rs 8,200 crore with own tax revenue at Rs 950 crore approaching Rs 1,000 crore
- Revenue deficit at Rs 200 crore โ the narrowest gap in the state fiscal history
- Fiscal deficit at 6.1% of GSDP (Rs 1,100 crore), elevated by aggressive capital spending
- Capital expenditure at Rs 1,300 crore โ record level with highway construction accelerating
- Market borrowings at Rs 1,100 crore fund the ambitious infrastructure programme
- Total outstanding debt at Rs 6,600 crore with debt-to-GSDP at 36.7%
- Interest payments at Rs 600 crore grow alongside the expanding debt portfolio
- GSDP at Rs 18,000 crore with construction and government sectors driving growth
- Non-tax revenue at Rs 2,200 crore from continued Central scheme flows
- COVID-19 pandemic reaches India in March 2020, disrupting the final weeks of the fiscal year
- Border trade with Myanmar through Champhai shows promising growth trends
Compare Mizoram Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 8,300 crore | Rs 9,300 crore |
| Revenue Receipts | โ | โ | โ | Rs 7,500 crore | Rs 8,200 crore |
| Capital Expenditure | โ | โ | โ | Rs 1,100 crore | Rs 1,300 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 5.0% | 6.1% |
| Own Tax Revenue | โ | โ | โ | Rs 850 crore | Rs 950 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Mizoram State Budget 2019-20
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.
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Compare Mizoram with other states
Side-by-side comparison of fiscal metrics across Indian states