Tripura State Budget 2024-25 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Tripura FY 2024-25
Tripura State Budget 2024-25 Budget at a Glance
Total Receipts
Rs 22,958 crore
+2.7%
Total Expenditure
Rs 27,238 crore
+5.8%
Fiscal Deficit
4.6%
Rs 4,255 crore
Capital Expenditure
Rs 6,065 crore
+39.9%
Tax Revenue
Rs 3,748 crore
+8.4%
Interest Payments
Rs 1,355 crore
5% of expenditure
Tripura Revenue Receipts 2024-25
Own tax revenue vs non-tax revenue breakdown
Tripura Expenditure Breakdown 2024-25
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP โ Tripura 2024-25
The fiscal deficit for Tripura in 2024-25 is 4.6% of GSDP (Rs 4,255 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 1,355 crore consume 5.0% of total expenditure.
Tripura State Budget 2024-25 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 27,238 crore | 100% |
| 1. Revenue Receipts | Rs 22,958 crore | 84.3% |
| a. Own Tax Revenue | Rs 3,748 crore | 13.8% |
| b. Non-Tax Revenue | Rs 475 crore | 1.7% |
| B. Total Expenditure | Rs 27,238 crore | 100% |
| 1. Revenue Expenditure | Rs 21,171 crore | 77.7% |
| 2. Capital Expenditure | Rs 6,065 crore | 22.3% |
| of which: Interest Payments | Rs 1,355 crore | 5.0% |
| C. Fiscal Deficit | Rs 4,255 crore | 4.6% of GSDP |
Source: Tripura State Budget Documents via PRS India. All figures in Indian Rupees.
Tripura Department-wise Expenditure 2024-25
Top departments by allocation in Tripura for 2024-25
| Department โ | Revenue โ | Capital โ | Total โ | Share |
|---|---|---|---|---|
1. Education | Rs 4,300 crore | Rs 400 crore | Rs 4,700 crore | 17.3% |
2. Rural Development | Rs 2,500 crore | Rs 700 crore | Rs 3,200 crore | 11.7% |
3. Health & Family Welfare | Rs 2,000 crore | Rs 450 crore | Rs 2,450 crore | 9.0% |
4. Public Works & Roads | Rs 1,100 crore | Rs 1,300 crore | Rs 2,400 crore | 8.8% |
5. Police & Home | Rs 1,600 crore | Rs 180 crore | Rs 1,780 crore | 6.5% |
6. Agriculture & Allied | Rs 1,300 crore | Rs 350 crore | Rs 1,650 crore | 6.1% |
7. Social Welfare | Rs 1,200 crore | Rs 130 crore | Rs 1,330 crore | 4.9% |
8. Energy | Rs 1,000 crore | Rs 300 crore | Rs 1,300 crore | 4.8% |
9. Water Supply & Sanitation | Rs 550 crore | Rs 600 crore | Rs 1,150 crore | 4.2% |
10. Urban Development | Rs 600 crore | Rs 420 crore | Rs 1,020 crore | 3.7% |
Tripura Budget 2024-25 Analysis & Highlights
Key Highlights
- Total expenditure at Rs 27,238 crore with balanced revenue-capital mix
- Revenue receipts of Rs 22,958 crore including Rs 3,748 crore own tax
- Revenue surplus of Rs 1,787 crore โ surplus maintained on current account
- Fiscal deficit at 4.6% of GSDP (Rs 4,255 crore) financed by capital receipts
- Capital expenditure at Rs 6,065 crore โ 22.3% of total, infrastructure-focused
- Rubber sector support through replanting subsidies and price stabilisation
- Agartala-Akhaura rail link construction progresses with state-side infrastructure
- Education at Rs 4,700 crore maintaining literacy leadership in the northeast
- Outstanding debt at Rs 25,600 crore, debt-to-GSDP at 27.9%
- Interest payments at Rs 1,355 crore โ well within comfortable range
- Bamboo processing and handicraft industry receive dedicated allocation
- GSDP at Rs 91,632 crore with steady growth trajectory
Compare Tripura Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 25,756 crore | Rs 27,238 crore |
| Revenue Receipts | โ | โ | โ | Rs 22,354 crore | Rs 22,958 crore |
| Capital Expenditure | โ | โ | โ | Rs 4,334 crore | Rs 6,065 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 4.0% | 4.6% |
| Own Tax Revenue | โ | โ | โ | Rs 3,456 crore | Rs 3,748 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Tripura State Budget 2024-25
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