Tamil Nadu State Budget 2013-14 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Tamil Nadu FY 2013-14
Tamil Nadu State Budget 2013-14 Budget at a Glance
Total Receipts
Rs 1.08 lakh crore
+11.9%
Total Expenditure
Rs 1.32 lakh crore
+12.3%
Fiscal Deficit
2.7%
Rs 23,000 crore
Capital Expenditure
Rs 17,500 crore
+16.7%
Tax Revenue
Rs 68,500 crore
+12.3%
Interest Payments
Rs 12,500 crore
9% of expenditure
Tamil Nadu Revenue Receipts 2013-14
Own tax revenue vs non-tax revenue breakdown
Tamil Nadu Expenditure Breakdown 2013-14
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Tamil Nadu 2013-14
The fiscal deficit for Tamil Nadu in 2013-14 is 2.7% of GSDP (Rs 23,000 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. Tamil Nadu is maintaining fiscal discipline close to the recommended limit.
Interest payments at Rs 12,500 crore consume 9.4% of total expenditure.
Tamil Nadu State Budget 2013-14 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 1.24 lakh crore | 100% |
| 1. Revenue Receipts | Rs 1.08 lakh crore | 87.1% |
| a. Own Tax Revenue | Rs 68,500 crore | 55.2% |
| b. Non-Tax Revenue | Rs 39,500 crore | 31.9% |
| B. Total Expenditure | Rs 1.32 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 1.15 lakh crore | 86.8% |
| 2. Capital Expenditure | Rs 17,500 crore | 13.2% |
| of which: Interest Payments | Rs 12,500 crore | 9.4% |
| C. Fiscal Deficit | Rs 23,000 crore | 2.7% of GSDP |
Source: Tamil Nadu State Budget Documents via PRS India. All figures in Indian Rupees.
Tamil Nadu Budget 2013-14 Analysis & Highlights
Key Highlights
- Total expenditure reached Rs 1,32,500 crore in 2013-14 actuals โ up 27.4% from Rs 1,04,000 crore in 2011-12, a compound growth of nearly 13% a year
- Fiscal deficit of Rs 23,000 crore, or 2.7% of GSDP of Rs 8,62,000 crore โ almost exactly on the budget estimate of Rs 22,938.57 crore (2.84%)
- Revenue receipts of Rs 1,08,000 crore, with the state's own tax target set at Rs 86,065.4 crore on an ambitious 17% growth assumption
- Capital expenditure of Rs 17,500 crore โ 13.2% of total spending โ as the Annual Plan outlay jumped from Rs 28,000 crore to Rs 37,000 crore
- The budget was framed against a GSDP growth collapse to 4.61% in 2012-13 (advance estimates, constant prices) amid severe drought and a crippling power deficit
- TANGEDCO Financial Restructuring Plan operationalised: the state committed to take over 50% of the utility's Rs 12,211 crore short-term liabilities
- Subsidies and grants absorbed Rs 45,176.06 crore in the budget estimates โ roughly a third of the budget โ led by Rs 4,900 crore for food subsidy
- Free laptop scheme peaked at 5.65 lakh units with a Rs 1,500 crore allocation; the thirumangalyam gold-coin marriage assistance took Rs 750 crore
- Amma Unavagam subsidised canteens, launched in February 2013, scaled to 297 centres within a year as a signature cost-of-living intervention
- Health received Rs 6,511.76 crore and the Chennai Metro Rs 750 crore, while the Comprehensive Road Infrastructure Development Programme got Rs 2,032 crore
- Vision Tamil Nadu 2023 quantified a Rs 15 lakh crore ten-year infrastructure pipeline, backed by a Rs 2,000 crore Infrastructure Development Fund in this budget
- Interest payments were estimated at Rs 13,031 crore, with debt-to-GSDP contained at 18.98% against the 24.5% permissible ceiling
- A Rs 1,517 crore Cauvery Delta drought package and a Rs 39,135 crore annual crop-loan credit target underlined the farm-distress response
Compare Tamil Nadu Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2009-10 | 2010-11 | 2011-12 | 2012-13 | 2013-14 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 1.18 lakh crore | Rs 1.32 lakh crore |
| Revenue Receipts | โ | โ | โ | Rs 96,500 crore | Rs 1.08 lakh crore |
| Capital Expenditure | โ | โ | โ | Rs 15,000 crore | Rs 17,500 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 2.7% | 2.7% |
| Own Tax Revenue | โ | โ | โ | Rs 61,000 crore | Rs 68,500 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Tamil Nadu State Budget 2013-14
The Tamil Nadu 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.
Tamil Nadu 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 Tamil Nadu with other states
Side-by-side comparison of fiscal metrics across Indian states