Puducherry State Budget 2018-19 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Puducherry FY 2018-19
Puducherry State Budget 2018-19 Budget at a Glance
Total Receipts
Rs 5,800 crore
(excl. borrowings)
Total Expenditure
Rs 6,500 crore
Fiscal Deficit
5.2%
Rs 1,300 crore
Capital Expenditure
Rs 1,000 crore
Tax Revenue
Rs 1,650 crore
Net to Centre
Interest Payments
Rs 350 crore
5% of expenditure
Puducherry Revenue Receipts 2018-19
Own tax revenue vs non-tax revenue breakdown
Puducherry Expenditure Breakdown 2018-19
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Puducherry 2018-19
The fiscal deficit for Puducherry in 2018-19 is 5.2% 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. Puducherry's deficit is above this threshold, driven by higher capital spending needs.
Interest payments at Rs 350 crore consume 5.4% of total expenditure.
Puducherry State Budget 2018-19 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 7,200 crore | 100% |
| 1. Revenue Receipts | Rs 5,800 crore | 80.6% |
| a. Own Tax Revenue | Rs 1,650 crore | 22.9% |
| b. Non-Tax Revenue | Rs 380 crore | 5.3% |
| B. Total Expenditure | Rs 6,500 crore | 100% |
| 1. Revenue Expenditure | Rs 5,500 crore | 84.6% |
| 2. Capital Expenditure | Rs 1,000 crore | 15.4% |
| of which: Interest Payments | Rs 350 crore | 5.4% |
| C. Fiscal Deficit | Rs 1,300 crore | 5.2% of GSDP |
Source: Puducherry State Budget Documents via PRS India. All figures in Indian Rupees.
Puducherry Budget 2018-19 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 6,500 crore with the Congress-led government policy priorities
- Revenue receipts at Rs 5,800 crore with own tax revenue at Rs 1,650 crore on GST stabilisation
- Revenue deficit of Rs 300 crore as establishment costs continue to dominate spending
- Fiscal deficit at 5.2% of GSDP (Rs 1,300 crore), elevated by expanded infrastructure spending
- Capital expenditure at Rs 1,000 crore with urban development and tourism infrastructure
- Total outstanding debt at Rs 6,200 crore with debt-to-GSDP at 24.8%
- Interest payments at Rs 350 crore grow with the expanding debt stock
- Market borrowings at Rs 1,100 crore fund the infrastructure programme
- GSDP at Rs 25,000 crore with manufacturing, services, and tourism driving growth
- GST collections stabilise post-transition with compensation mechanism providing floor
- Non-tax revenue at Rs 380 crore from Central grants and port charges
- LG-CM tensions intensify under competing NDA and Congress administrations
Compare Puducherry Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | โ | Rs 6,500 crore |
| Revenue Receipts | โ | โ | โ | โ | Rs 5,800 crore |
| Capital Expenditure | โ | โ | โ | โ | Rs 1,000 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | โ | 5.2% |
| Own Tax Revenue | โ | โ | โ | โ | Rs 1,650 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Puducherry State Budget 2018-19
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.
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Compare Puducherry with other states
Side-by-side comparison of fiscal metrics across Indian states