Puducherry State Budget 2007-08 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Puducherry FY 2007-08
Puducherry State Budget 2007-08 Budget at a Glance
Total Receipts
Rs 3,100 crore
+14.8%
Total Expenditure
Rs 3,820 crore
+14.0%
Fiscal Deficit
3.0%
Rs 420 crore
Capital Expenditure
Rs 520 crore
+15.6%
Tax Revenue
Rs 850 crore
+14.9%
Interest Payments
Rs 160 crore
4% of expenditure
Puducherry Revenue Receipts 2007-08
Own tax revenue vs non-tax revenue breakdown
Puducherry Expenditure Breakdown 2007-08
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Puducherry 2007-08
The fiscal deficit for Puducherry in 2007-08 is 3.0% of GSDP (Rs 420 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. Puducherry is maintaining fiscal discipline close to the recommended limit.
Interest payments at Rs 160 crore consume 4.2% of total expenditure.
Puducherry State Budget 2007-08 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 4,100 crore | 100% |
| 1. Revenue Receipts | Rs 3,100 crore | 75.6% |
| a. Own Tax Revenue | Rs 850 crore | 20.7% |
| b. Non-Tax Revenue | Rs 190 crore | 4.6% |
| B. Total Expenditure | Rs 3,820 crore | 100% |
| 1. Revenue Expenditure | Rs 3,300 crore | 86.4% |
| 2. Capital Expenditure | Rs 520 crore | 13.6% |
| of which: Interest Payments | Rs 160 crore | 4.2% |
| C. Fiscal Deficit | Rs 420 crore | 3.0% of GSDP |
Source: Puducherry State Budget Documents via PRS India. All figures in Indian Rupees.
Puducherry Budget 2007-08 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 3,820 crore with infrastructure spending accelerating
- Revenue receipts at Rs 3,100 crore with own tax revenue at Rs 850 crore โ strong growth
- Revenue deficit of Rs 200 crore as current spending remains above current revenue
- Fiscal deficit at 3.0% of GSDP (Rs 420 crore), at the FRBM threshold
- Capital expenditure at Rs 520 crore with urban development and tourism infrastructure
- Total outstanding debt at Rs 2,200 crore with debt-to-GSDP at 15.7%
- Interest payments at Rs 160 crore manageable with strong revenue base
- Non-tax revenue at Rs 190 crore from Central grants and port-related fees
- GSDP at Rs 14,000 crore with manufacturing sector expanding
- Market borrowings at Rs 320 crore support the growing capital programme
- Heritage conservation of French Quarter buildings receives dedicated funding
- JIPMER expansion project adds to capital expenditure and medical infrastructure
Compare Puducherry Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2003-04 | 2004-05 | 2005-06 | 2006-07 | 2007-08 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 3,350 crore | Rs 3,820 crore |
| Revenue Receipts | โ | โ | โ | Rs 2,700 crore | Rs 3,100 crore |
| Capital Expenditure | โ | โ | โ | Rs 450 crore | Rs 520 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 3.2% | 3.0% |
| Own Tax Revenue | โ | โ | โ | Rs 740 crore | Rs 850 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Puducherry State Budget 2007-08
The Puducherry 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.
Puducherry 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.
Explore More
Compare Puducherry with other states
Side-by-side comparison of fiscal metrics across Indian states