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Uttar Pradesh State Budget 2015-16 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Uttar Pradesh FY 2015-16

Uttar Pradesh State Budget 2015-16 Budget at a Glance

Total Receipts

Rs 1.88 lakh crore

+11.9%

Total Expenditure

Rs 2.31 lakh crore

+12.2%

Fiscal Deficit

3.1%

Rs 39,000 crore

Capital Expenditure

Rs 32,500 crore

+14.0%

Tax Revenue

Rs 1.01 lakh crore

+12.2%

Interest Payments

Rs 28,500 crore

12% of expenditure

Uttar Pradesh Revenue Receipts 2015-16

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 1.01 lakh crore (54.0%)
Non-Tax Revenue
Rs 86,500 crore (46.0%)

Uttar Pradesh Expenditure Breakdown 2015-16

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 85.9%
Capital Expenditure 14.1%

Fiscal Deficit as % of GSDP — Uttar Pradesh 2015-16

The fiscal deficit for Uttar Pradesh in 2015-16 is 3.1% of GSDP (Rs 39,000 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 is maintaining fiscal discipline close to the recommended limit.

Interest payments at Rs 28,500 crore consume 12.4% of total expenditure.

Uttar Pradesh State Budget 2015-16 — Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 2.18 lakh crore100%
1. Revenue ReceiptsRs 1.88 lakh crore86.2%
a. Own Tax RevenueRs 1.01 lakh crore46.6%
b. Non-Tax RevenueRs 86,500 crore39.7%
B. Total ExpenditureRs 2.31 lakh crore100%
1. Revenue ExpenditureRs 1.98 lakh crore85.9%
2. Capital ExpenditureRs 32,500 crore14.1%
of which: Interest PaymentsRs 28,500 crore12.4%
C. Fiscal DeficitRs 39,000 crore3.1% of GSDP

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

Uttar Pradesh Budget 2015-16 Analysis & Highlights

Key Highlights

  • Samajwadi Party government under Akhilesh Yadav prioritized social welfare and identity-based programs.
  • Lucknow-Agra Expressway completed at Rs 12,000 crore — UP's first modern expressway.
  • State VAT collections of Rs 48,000 crore represented pre-GST peak for indirect taxes.
  • Fiscal deficit at 3.1% of GSDP, marginally above the FRBM ceiling.
  • Education spending of Rs 48,000 crore included laptop distribution scheme for Class 12 students.
  • Per-capita income at Rs 50,000, the lowest among India's large states.
  • Central transfers under 14th Finance Commission increased 40% due to higher devolution share.
  • Agriculture growth of 2.5% underperformed national average due to irregular monsoon.
  • Free cycle distribution to girl students cost Rs 1,500 crore, benefiting 2 million students.
  • Power sector losses mounted with aggregate technical and commercial losses at 32%.

Compare Uttar Pradesh Budget — Recent Years

Year-over-year comparison of key fiscal metrics

Metric2011-122012-132013-142014-152015-16
Total Expenditure———Rs 2.06 lakh croreRs 2.31 lakh crore
Revenue Receipts———Rs 1.68 lakh croreRs 1.88 lakh crore
Capital Expenditure———Rs 28,500 croreRs 32,500 crore
Fiscal Deficit (% GSDP)———3.2%3.1%
Own Tax Revenue———Rs 90,500 croreRs 1.01 lakh crore

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

Understanding Uttar Pradesh State Budget 2015-16

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