GB
Beta

Tripura State Budget 2021-22 Analysis

Actuals
Export

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Tripura FY 2021-22

Tripura State Budget 2021-22 Budget at a Glance

Total Receipts

Rs 16,500 crore

+16.2%

Total Expenditure

Rs 20,000 crore

+13.6%

Fiscal Deficit

5.8%

Rs 3,500 crore

Capital Expenditure

Rs 3,200 crore

+14.3%

Tax Revenue

Rs 3,800 crore

+26.7%

Interest Payments

Rs 1,700 crore

9% of expenditure

Tripura Revenue Receipts 2021-22

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 3,800 crore (47.5%)
Non-Tax Revenue
Rs 4,200 crore (52.5%)

Tripura Expenditure Breakdown 2021-22

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 84.0%
Capital Expenditure 16.0%

Fiscal Deficit as % of GSDP — Tripura 2021-22

The fiscal deficit for Tripura in 2021-22 is 5.8% of GSDP (Rs 3,500 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 1,700 crore consume 8.5% of total expenditure.

Tripura State Budget 2021-22 — Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 20,500 crore100%
1. Revenue ReceiptsRs 16,500 crore80.5%
a. Own Tax RevenueRs 3,800 crore18.5%
b. Non-Tax RevenueRs 4,200 crore20.5%
B. Total ExpenditureRs 20,000 crore100%
1. Revenue ExpenditureRs 16,800 crore84.0%
2. Capital ExpenditureRs 3,200 crore16.0%
of which: Interest PaymentsRs 1,700 crore8.5%
C. Fiscal DeficitRs 3,500 crore5.8% of GSDP

Source: Tripura State Budget Documents via PRS India. All figures in Indian Rupees.

Tripura Budget 2021-22 Analysis & Highlights

Key Highlights

  • Total expenditure at Rs 20,000 crore as post-pandemic recovery spending accelerates
  • Revenue receipts recover to Rs 16,500 crore with tax revenue rebounding to Rs 3,800 crore
  • Revenue deficit of Rs 300 crore — partial recovery from pandemic-year deficit
  • Fiscal deficit at 5.8% of GSDP (Rs 3,500 crore), still elevated
  • Outstanding debt at Rs 18,500 crore with debt-to-GSDP at 30.8%
  • Interest payments of Rs 1,700 crore absorb 10.3% of revenue receipts
  • Capital expenditure at Rs 3,200 crore with road and rail projects advancing
  • Agartala-Akhaura rail link nears completion — transformative connectivity
  • Rubber production recovers with improved market conditions
  • Gas-based power exports to national grid generate revenue
  • BJP government focuses on infrastructure and welfare delivery
  • GSDP at Rs 60,000 crore with strong post-pandemic recovery

Compare Tripura Budget — Recent Years

Year-over-year comparison of key fiscal metrics

Metric2017-182018-192019-202020-212021-22
Total Expenditure———Rs 17,600 croreRs 20,000 crore
Revenue Receipts———Rs 14,200 croreRs 16,500 crore
Capital Expenditure———Rs 2,800 croreRs 3,200 crore
Fiscal Deficit (% GSDP)———6.5%5.8%
Own Tax Revenue———Rs 3,000 croreRs 3,800 crore

Columns showing "—" will populate as more data is ingested. Data from official budget documents via PRS India.

2020-21 2022-23

Understanding Tripura State Budget 2021-22

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

Tripura — All Budget Years All State Budgets India Union Budget 2021-22 Tripura vs Union Budget Compare Tripura with Other States Tripura Year vs Year Budget Glossary — 100+ Terms Ask a Budget Expert Budget News & Updates GovtBudget Pro — Full Data Access

Compare Tripura with other states

Side-by-side comparison of fiscal metrics across Indian states

Compare States Union Budget 2021-22