Uttar Pradesh State Budget 2022-23 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Uttar Pradesh FY 2022-23
Uttar Pradesh State Budget 2022-23 Budget at a Glance
Total Receipts
Rs 3.7 lakh crore
+13.8%
Total Expenditure
Rs 4.53 lakh crore
+14.7%
Fiscal Deficit
3.4%
Rs 72,000 crore
Capital Expenditure
Rs 65,000 crore
+18.2%
Tax Revenue
Rs 2 lakh crore
+14.3%
Interest Payments
Rs 48,000 crore
11% of expenditure
Uttar Pradesh Revenue Receipts 2022-23
Own tax revenue vs non-tax revenue breakdown
Uttar Pradesh Expenditure Breakdown 2022-23
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP â Uttar Pradesh 2022-23
The fiscal deficit for Uttar Pradesh in 2022-23 is 3.4% of GSDP (Rs 72,000 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 48,000 crore consume 10.6% of total expenditure.
Uttar Pradesh State Budget 2022-23 â Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 4.32 lakh crore | 100% |
| 1. Revenue Receipts | Rs 3.7 lakh crore | 85.6% |
| a. Own Tax Revenue | Rs 2 lakh crore | 46.3% |
| b. Non-Tax Revenue | Rs 1.7 lakh crore | 39.4% |
| B. Total Expenditure | Rs 4.53 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 3.88 lakh crore | 85.7% |
| 2. Capital Expenditure | Rs 65,000 crore | 14.3% |
| of which: Interest Payments | Rs 48,000 crore | 10.6% |
| C. Fiscal Deficit | Rs 72,000 crore | 3.4% of GSDP |
Source: Uttar Pradesh State Budget Documents via PRS India. All figures in Indian Rupees.
Uttar Pradesh Budget 2022-23 Analysis & Highlights
Key Highlights
- Total actual expenditure at Rs 5.5 lakh crore, with revenue expenditure dominating at 82%.
- State GST collections of Rs 66,000 crore marked the strongest growth since GST introduction.
- Yamuna Expressway became India's busiest toll road with 100,000 vehicle crossings daily.
- UP recorded India's largest wheat procurement at 56 lakh metric tons, costing Rs 12,000 crore.
- Fiscal deficit at actuals came in at 3.1% of GSDP, marginally below revised estimates.
- Capital expenditure of Rs 68,000 crore focused on expressway network and national highway connections.
- Free ration distribution continued, covering 80% of the state's population at Rs 35,000 crore cost.
- Power sector reforms reduced transmission losses from 27% to 22% through smart metering.
- Education actual spending of Rs 68,000 crore included teacher recruitment drive of 51,000 posts.
- Sugar cane arrears fully cleared for the first time in a decade at Rs 40,000 crore.
Compare Uttar Pradesh Budget â Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 |
|---|---|---|---|---|---|
| Total Expenditure | â | â | â | Rs 3.95 lakh crore | Rs 4.53 lakh crore |
| Revenue Receipts | â | â | â | Rs 3.25 lakh crore | Rs 3.7 lakh crore |
| Capital Expenditure | â | â | â | Rs 55,000 crore | Rs 65,000 crore |
| Fiscal Deficit (% GSDP) | â | â | â | 3.3% | 3.4% |
| Own Tax Revenue | â | â | â | Rs 1.75 lakh crore | Rs 2 lakh crore |
Columns showing "â" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Uttar Pradesh State Budget 2022-23
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.
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Compare Uttar Pradesh with other states
Side-by-side comparison of fiscal metrics across Indian states