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Uttar Pradesh State Budget 2002-03 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Uttar Pradesh FY 2002-03

Uttar Pradesh State Budget 2002-03 Budget at a Glance

Total Receipts

Rs 27,800 crore

+9.0%

Total Expenditure

Rs 44,300 crore

+8.0%

Fiscal Deficit

5.6%

Rs 12,900 crore

Capital Expenditure

Rs 7,800 crore

+8.3%

Tax Revenue

Rs 15,290 crore

+9.0%

Interest Payments

Rs 7,300 crore

16% of expenditure

Uttar Pradesh Revenue Receipts 2002-03

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 15,290 crore (78.6%)
Non-Tax Revenue
Rs 4,170 crore (21.4%)

Uttar Pradesh Expenditure Breakdown 2002-03

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 82.4%
Capital Expenditure 17.6%

Fiscal Deficit as % of GSDP โ€” Uttar Pradesh 2002-03

The fiscal deficit for Uttar Pradesh in 2002-03 is 5.6% of GSDP (Rs 12,900 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. Uttar Pradesh's deficit is above this threshold, driven by higher capital spending needs.

Interest payments at Rs 7,300 crore consume 16.5% of total expenditure.

Uttar Pradesh State Budget 2002-03 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 37,200 crore100%
1. Revenue ReceiptsRs 27,800 crore74.7%
a. Own Tax RevenueRs 15,290 crore41.1%
b. Non-Tax RevenueRs 4,170 crore11.2%
B. Total ExpenditureRs 44,300 crore100%
1. Revenue ExpenditureRs 36,500 crore82.4%
2. Capital ExpenditureRs 7,800 crore17.6%
of which: Interest PaymentsRs 7,300 crore16.5%
C. Fiscal DeficitRs 12,900 crore5.6% of GSDP

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

Uttar Pradesh Budget 2002-03 Analysis & Highlights

Key Highlights

  • UP's total expenditure for 2002-03 reached Rs 55,800 crore as the newly elected Mulayam Singh Yadav government expanded social welfare commitments.
  • Revenue receipts grew modestly to Rs 35,200 crore, with own tax revenue stagnating at Rs 11,800 crore due to weak industrial growth and compliance challenges.
  • Central transfers increased to Rs 19,800 crore, with UP absorbing the largest share of centrally sponsored scheme funds among all states.
  • Capital expenditure improved marginally to Rs 5,200 crore, driven by irrigation projects in the Bundelkhand and eastern UP regions.
  • Agriculture allocation rose to Rs 5,000 crore with sugarcane arrears remaining the dominant farmer issue in western UP.
  • The Samajwadi Party government launched Kanya Vidya Dhan Yojana, allocating Rs 400 crore for girls' education scholarships.
  • Power sector losses widened to Rs 6,200 crore as electricity theft and agricultural free power promises strained UPPCL finances.
  • Education spending reached Rs 10,200 crore with 12,000 new primary school appointments, though teacher vacancies still exceeded 2 lakh.
  • Health allocation grew to Rs 2,400 crore with emphasis on polio eradication โ€” UP accounted for 60% of India's polio cases.
  • Fiscal deficit remained elevated at 4.3% of GSDP despite marginally improved tax compliance in Lucknow and NCR districts.
  • Urban development received Rs 1,500 crore with Lucknow metro study and Agra heritage conservation receiving priority funding.
  • Salary expenditure crossed Rs 16,000 crore following state-specific pay revision for Group C and D employees.
  • Noida and Greater Noida IT parks contributed Rs 450 crore in stamp duty, signaling the NCR corridor's growing fiscal importance.
  • Social welfare schemes including pensions, scholarships, and food security consumed Rs 4,200 crore.

Compare Uttar Pradesh Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2000-012001-022002-03
Total Expenditureโ€”Rs 41,000 croreRs 44,300 crore
Revenue Receiptsโ€”Rs 25,500 croreRs 27,800 crore
Capital Expenditureโ€”Rs 7,200 croreRs 7,800 crore
Fiscal Deficit (% GSDP)โ€”5.4%5.6%
Own Tax Revenueโ€”Rs 14,025 croreRs 15,290 crore

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

Understanding Uttar Pradesh State Budget 2002-03

The Uttar Pradesh 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.

Uttar Pradesh 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.

Compare Uttar Pradesh with other states

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