Uttar Pradesh State Budget 2007-08 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Uttar Pradesh FY 2007-08
Uttar Pradesh State Budget 2007-08 Budget at a Glance
Total Receipts
Rs 58,000 crore
+18.4%
Total Expenditure
Rs 82,000 crore
+15.5%
Fiscal Deficit
3.6%
Rs 15,580 crore
Capital Expenditure
Rs 16,000 crore
+18.5%
Tax Revenue
Rs 31,900 crore
+18.4%
Interest Payments
Rs 12,580 crore
15% of expenditure
Uttar Pradesh Revenue Receipts 2007-08
Own tax revenue vs non-tax revenue breakdown
Uttar Pradesh Expenditure Breakdown 2007-08
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP — Uttar Pradesh 2007-08
The fiscal deficit for Uttar Pradesh in 2007-08 is 3.6% of GSDP (Rs 15,580 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 12,580 crore consume 15.3% of total expenditure.
Uttar Pradesh State Budget 2007-08 — Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 73,000 crore | 100% |
| 1. Revenue Receipts | Rs 58,000 crore | 79.5% |
| a. Own Tax Revenue | Rs 31,900 crore | 43.7% |
| b. Non-Tax Revenue | Rs 8,700 crore | 11.9% |
| B. Total Expenditure | Rs 82,000 crore | 100% |
| 1. Revenue Expenditure | Rs 66,000 crore | 80.5% |
| 2. Capital Expenditure | Rs 16,000 crore | 19.5% |
| of which: Interest Payments | Rs 12,580 crore | 15.3% |
| C. Fiscal Deficit | Rs 15,580 crore | 3.6% of GSDP |
Source: Uttar Pradesh State Budget Documents via PRS India. All figures in Indian Rupees.
Uttar Pradesh Budget 2007-08 Analysis & Highlights
Key Highlights
- Uttar Pradesh's total expenditure in 2007-08 reached Rs 72,000 crore under Mayawati's BSP government, the largest single-party majority in the state since 1991.
- Revenue receipts surged to Rs 56,000 crore, growing 17% on the back of the national economic boom and improved tax collection.
- Mayawati's ambitious monument and park projects in Lucknow received Rs 2,500 crore allocation.
- The national farm loan waiver included UP's share of Rs 12,000 crore covering 8 million farmer accounts.
- VAT replaced sales tax from January 2008, with first-quarter collections showing 15% improvement over the comparable period.
- Capital expenditure of Rs 9,500 crore included Rs 3,000 crore for Lucknow infrastructure including parks and monuments.
- Power sector losses continued at Rs 7,500 crore despite reforms, with AT&C losses at 36%.
- NREGA expanded to all 70 districts with Rs 4,500 crore expenditure generating 250 million person-days.
- SC/ST welfare spending rose to Rs 3,500 crore, the highest in state history, reflecting BSP's core priorities.
- The Yamuna Expressway construction commenced with Rs 2,000 crore in initial land acquisition and civil works.
- Education spending of Rs 11,000 crore included Kasturba Gandhi Balika Vidyalaya expansion to 500 schools.
- The 2008 global financial crisis began affecting Noida's IT sector in the final quarter.
- Fiscal deficit at 3.2% of GSDP was close to the FRBM target for the first time.
- Health spending of Rs 3,800 crore continued NRHM implementation with 70,000 ASHA workers deployed statewide.
Compare Uttar Pradesh Budget — Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2003-04 | 2004-05 | 2005-06 | 2006-07 | 2007-08 |
|---|---|---|---|---|---|
| Total Expenditure | — | — | — | Rs 71,000 crore | Rs 82,000 crore |
| Revenue Receipts | — | — | — | Rs 49,000 crore | Rs 58,000 crore |
| Capital Expenditure | — | — | — | Rs 13,500 crore | Rs 16,000 crore |
| Fiscal Deficit (% GSDP) | — | — | — | 3.8% | 3.6% |
| Own Tax Revenue | — | — | — | Rs 26,950 crore | Rs 31,900 crore |
Columns showing "—" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Uttar Pradesh State Budget 2007-08
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.
Explore More
Compare Uttar Pradesh with other states
Side-by-side comparison of fiscal metrics across Indian states