Puducherry State Budget 2021-22 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Puducherry FY 2021-22
Puducherry State Budget 2021-22 Budget at a Glance
Total Receipts
Rs 7,200 crore
+22.0%
Total Expenditure
Rs 7,800 crore
+10.6%
Fiscal Deficit
4.6%
Rs 1,600 crore
Capital Expenditure
Rs 1,200 crore
+41.2%
Tax Revenue
Rs 2,050 crore
+28.1%
Interest Payments
Rs 500 crore
6% of expenditure
Puducherry Revenue Receipts 2021-22
Own tax revenue vs non-tax revenue breakdown
Puducherry Expenditure Breakdown 2021-22
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Puducherry 2021-22
The fiscal deficit for Puducherry in 2021-22 is 4.6% of GSDP (Rs 1,600 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 500 crore consume 6.4% of total expenditure.
Puducherry State Budget 2021-22 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 8,800 crore | 100% |
| 1. Revenue Receipts | Rs 7,200 crore | 81.8% |
| a. Own Tax Revenue | Rs 2,050 crore | 23.3% |
| b. Non-Tax Revenue | Rs 450 crore | 5.1% |
| B. Total Expenditure | Rs 7,800 crore | 100% |
| 1. Revenue Expenditure | Rs 6,600 crore | 84.6% |
| 2. Capital Expenditure | Rs 1,200 crore | 15.4% |
| of which: Interest Payments | Rs 500 crore | 6.4% |
| C. Fiscal Deficit | Rs 1,600 crore | 4.6% of GSDP |
Source: Puducherry State Budget Documents via PRS India. All figures in Indian Rupees.
Puducherry Budget 2021-22 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 7,800 crore under the new AINRC-BJP alliance government
- Revenue receipts recover to Rs 7,200 crore with own tax revenue rebounding to Rs 2,050 crore
- Revenue deficit of Rs 600 crore as establishment costs resume normal growth
- Fiscal deficit at 4.6% of GSDP (Rs 1,600 crore), narrowing from pandemic peak
- Capital expenditure at Rs 1,200 crore with Smart City and tourism recovery programmes
- Total outstanding debt at Rs 8,400 crore with debt-to-GSDP at 24.0%
- Interest payments at Rs 500 crore grow with the expanded debt stock
- Market borrowings at Rs 1,300 crore fund the recovery spending programme
- GSDP rebounds to Rs 35,000 crore with tourism recovery driving growth
- New NDA government under N. Rangasamy focuses on infrastructure development
- Tourism shows strong recovery with French Quarter and heritage tourism rebounding
- Non-tax revenue at Rs 450 crore from Central grants and administrative fees
Compare Puducherry Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 7,050 crore | Rs 7,800 crore |
| Revenue Receipts | โ | โ | โ | Rs 5,900 crore | Rs 7,200 crore |
| Capital Expenditure | โ | โ | โ | Rs 850 crore | Rs 1,200 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 6.7% | 4.6% |
| Own Tax Revenue | โ | โ | โ | Rs 1,600 crore | Rs 2,050 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Puducherry State Budget 2021-22
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