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Nagaland State Budget 2023-24 Analysis

Revised Estimate

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Nagaland FY 2023-24

Nagaland State Budget 2023-24 Budget at a Glance

Total Receipts

Rs 16,588 crore

+32.7%

Total Expenditure

Rs 23,745 crore

+72.1%

Fiscal Deficit

6.1%

Rs 2,754 crore

Capital Expenditure

Rs 3,197 crore

+59.9%

Tax Revenue

Rs 1,667 crore

-7.4%

Interest Payments

Rs 934 crore

4% of expenditure

Nagaland Revenue Receipts 2023-24

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 1,667 crore (70.9%)
Non-Tax Revenue
Rs 685 crore (29.1%)

Nagaland Expenditure Breakdown 2023-24

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 83.5%
Capital Expenditure 16.5%

Top 10 Departments by Allocation

Fiscal Deficit as % of GSDP โ€” Nagaland 2023-24

The fiscal deficit for Nagaland in 2023-24 is 6.1% of GSDP (Rs 2,754 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 934 crore consume 3.9% of total expenditure.

Nagaland State Budget 2023-24 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 23,710 crore100%
1. Revenue ReceiptsRs 16,588 crore70.0%
a. Own Tax RevenueRs 1,667 crore7.0%
b. Non-Tax RevenueRs 685 crore2.9%
B. Total ExpenditureRs 23,745 crore100%
1. Revenue ExpenditureRs 16,146 crore68.0%
2. Capital ExpenditureRs 3,197 crore13.5%
of which: Interest PaymentsRs 934 crore3.9%
C. Fiscal DeficitRs 2,754 crore6.1% of GSDP

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

Nagaland Department-wise Expenditure 2023-24

Top departments by allocation in Nagaland for 2023-24

Department โ†•Total โ†“Share
1. Education
Rs 2,900 crore
12.2%
2. Rural Development
Rs 1,900 crore
8.0%
3. Public Works & Roads
Rs 1,500 crore
6.3%
4. Health & Family Welfare
Rs 1,430 crore
6.0%
5. Police & Home
Rs 1,370 crore
5.8%
6. Agriculture & Allied
Rs 900 crore
3.8%
7. Social Welfare
Rs 695 crore
2.9%
8. Energy
Rs 620 crore
2.6%
9. Water Supply & Sanitation
Rs 510 crore
2.1%
10. Urban Development
Rs 430 crore
1.8%

Nagaland Budget 2023-24 Analysis & Highlights

Key Highlights

  • Revised expenditure at Rs 23,745 crore, slightly above receipts
  • Revenue receipts at Rs 16,588 crore with own tax at Rs 1,667 crore
  • Slim revenue surplus of Rs 442 crore โ€” narrowest in recent years
  • Fiscal deficit at 6.1% of GSDP (Rs 2,754 crore), sharply above FRBM norm
  • Capital expenditure at Rs 3,197 crore โ€” higher than budgeted
  • Non-tax revenue at Rs 685 crore โ€” unusually high, possibly one-time receipts
  • Market borrowings at Rs 3,600 crore โ€” elevated for a small state
  • Outstanding debt at Rs 13,800 crore, debt-to-GSDP at 30.4%
  • Interest payments at Rs 934 crore โ€” comfortable but debt growing
  • Road infrastructure projects received push with central funding
  • Naga political settlement talks continued without resolution
  • GSDP at Rs 45,422 crore โ€” moderate growth in a transfer-dependent economy

Compare Nagaland Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2019-202020-212021-222022-232023-24
Total Expenditureโ€”โ€”โ€”Rs 13,800 croreRs 23,745 crore
Revenue Receiptsโ€”โ€”โ€”Rs 12,500 croreRs 16,588 crore
Capital Expenditureโ€”โ€”โ€”Rs 2,000 croreRs 3,197 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”4.1%6.1%
Own Tax Revenueโ€”โ€”โ€”Rs 1,800 croreRs 1,667 crore

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

Understanding Nagaland State Budget 2023-24

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