Tripura State Budget 2018-19 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Tripura FY 2018-19
Tripura State Budget 2018-19 Budget at a Glance
Total Receipts
Rs 12,500 crore
+13.6%
Total Expenditure
Rs 14,200 crore
+18.3%
Fiscal Deficit
3.9%
Rs 1,700 crore
Capital Expenditure
Rs 2,200 crore
+22.2%
Tax Revenue
Rs 2,900 crore
+16.0%
Interest Payments
Rs 1,000 crore
7% of expenditure
Tripura Revenue Receipts 2018-19
Own tax revenue vs non-tax revenue breakdown
Tripura Expenditure Breakdown 2018-19
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP â Tripura 2018-19
The fiscal deficit for Tripura in 2018-19 is 3.9% of GSDP (Rs 1,700 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. Tripura's deficit is above this threshold, driven by higher capital spending needs.
Interest payments at Rs 1,000 crore consume 7.0% of total expenditure.
Tripura State Budget 2018-19 â Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 15,000 crore | 100% |
| 1. Revenue Receipts | Rs 12,500 crore | 83.3% |
| a. Own Tax Revenue | Rs 2,900 crore | 19.3% |
| b. Non-Tax Revenue | Rs 3,600 crore | 24.0% |
| B. Total Expenditure | Rs 14,200 crore | 100% |
| 1. Revenue Expenditure | Rs 12,000 crore | 84.5% |
| 2. Capital Expenditure | Rs 2,200 crore | 15.5% |
| of which: Interest Payments | Rs 1,000 crore | 7.0% |
| C. Fiscal Deficit | Rs 1,700 crore | 3.9% of GSDP |
Source: Tripura State Budget Documents via PRS India. All figures in Indian Rupees.
Tripura Budget 2018-19 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 14,200 crore under the new BJP government's first full budget
- Revenue receipts of Rs 12,500 crore with own tax revenue at Rs 2,900 crore
- Revenue surplus narrows to Rs 500 crore as new spending commitments emerge
- Fiscal deficit at 3.9% of GSDP (Rs 1,700 crore), rising significantly
- Outstanding debt at Rs 10,800 crore with debt-to-GSDP at 24.5%
- Interest payments of Rs 1,000 crore absorb 8.0% of revenue receipts
- Capital expenditure at Rs 2,200 crore with infrastructure connectivity prioritised
- New government launches welfare schemes modelled on central programmes
- Rubber prices stabilise at lower levels â sector adjustment continues
- ONGC Tripura Power Company generates surplus electricity for export
- Agartala Smart City project receives central funding
- GSDP at Rs 44,000 crore with construction sector growing rapidly
Compare Tripura Budget â Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 |
|---|---|---|---|---|---|
| Total Expenditure | â | â | â | Rs 12,000 crore | Rs 14,200 crore |
| Revenue Receipts | â | â | â | Rs 11,000 crore | Rs 12,500 crore |
| Capital Expenditure | â | â | â | Rs 1,800 crore | Rs 2,200 crore |
| Fiscal Deficit (% GSDP) | â | â | â | 2.6% | 3.9% |
| Own Tax Revenue | â | â | â | Rs 2,500 crore | Rs 2,900 crore |
Columns showing "â" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Tripura State Budget 2018-19
The Tripura 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.
Tripura 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 Tripura with other states
Side-by-side comparison of fiscal metrics across Indian states