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Nagaland State Budget 2022-23 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Nagaland FY 2022-23

Nagaland State Budget 2022-23 Budget at a Glance

Total Receipts

Rs 12,500 crore

+15.7%

Total Expenditure

Rs 13,800 crore

+12.2%

Fiscal Deficit

4.1%

Rs 1,300 crore

Capital Expenditure

Rs 2,000 crore

+11.1%

Tax Revenue

Rs 1,800 crore

+20.0%

Interest Payments

Rs 1,100 crore

8% of expenditure

Nagaland Revenue Receipts 2022-23

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 1,800 crore (36.0%)
Non-Tax Revenue
Rs 3,200 crore (64.0%)

Nagaland Expenditure Breakdown 2022-23

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 85.5%
Capital Expenditure 14.5%

Fiscal Deficit as % of GSDP โ€” Nagaland 2022-23

The fiscal deficit for Nagaland in 2022-23 is 4.1% of GSDP (Rs 1,300 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. Nagaland's deficit is above this threshold, driven by higher capital spending needs.

Interest payments at Rs 1,100 crore consume 8.0% of total expenditure.

Nagaland State Budget 2022-23 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 15,000 crore100%
1. Revenue ReceiptsRs 12,500 crore83.3%
a. Own Tax RevenueRs 1,800 crore12.0%
b. Non-Tax RevenueRs 3,200 crore21.3%
B. Total ExpenditureRs 13,800 crore100%
1. Revenue ExpenditureRs 11,800 crore85.5%
2. Capital ExpenditureRs 2,000 crore14.5%
of which: Interest PaymentsRs 1,100 crore8.0%
C. Fiscal DeficitRs 1,300 crore4.1% of GSDP

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

Nagaland Budget 2022-23 Analysis & Highlights

Key Highlights

  • Total expenditure at Rs 13,800 crore in the final full fiscal year before February 2023 state elections
  • Revenue receipts at Rs 12,500 crore with own tax revenue reaching Rs 1,800 crore โ€” a record high
  • Revenue deficit of Rs 700 crore as election-year spending pushes up expenditure
  • Fiscal deficit at 4.1% of GSDP (Rs 1,300 crore), narrowing from the pandemic-era peak
  • Capital expenditure at Rs 2,000 crore โ€” the highest ever, with highway construction peaking
  • Total outstanding debt at Rs 11,800 crore with debt-to-GSDP at 36.9%
  • Interest payments at Rs 1,100 crore continue their upward trajectory
  • Market borrowings at Rs 1,800 crore maintain the elevated post-pandemic level
  • GSDP grows to Rs 32,000 crore with services and construction sectors expanding
  • Non-tax revenue at Rs 3,200 crore reflects robust Central scheme flows into the Northeast
  • Election-year spending on welfare schemes and visible infrastructure projects accelerates
  • GST compensation cess regime ends in June 2022, creating revenue uncertainty

Compare Nagaland Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2018-192019-202020-212021-222022-23
Total Expenditureโ€”โ€”โ€”Rs 12,300 croreRs 13,800 crore
Revenue Receiptsโ€”โ€”โ€”Rs 10,800 croreRs 12,500 crore
Capital Expenditureโ€”โ€”โ€”Rs 1,800 croreRs 2,000 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”5.0%4.1%
Own Tax Revenueโ€”โ€”โ€”Rs 1,500 croreRs 1,800 crore

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

Understanding Nagaland State Budget 2022-23

The Nagaland 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.

Nagaland 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 Nagaland with other states

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