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Uttarakhand State Budget 2015-16 Analysis

Actuals

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

Uttarakhand State Budget 2015-16 Budget at a Glance

Total Receipts

Rs 23,000 crore

(excl. borrowings)

Total Expenditure

Rs 26,000 crore

Fiscal Deficit

2.3%

Rs 3,000 crore

Capital Expenditure

Rs 3,500 crore

Tax Revenue

Rs 10,200 crore

Net to Centre

Interest Payments

Rs 2,200 crore

8% of expenditure

Uttarakhand Revenue Receipts 2015-16

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 10,200 crore (69.4%)
Non-Tax Revenue
Rs 4,500 crore (30.6%)

Uttarakhand Expenditure Breakdown 2015-16

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 86.5%
Capital Expenditure 13.5%

Fiscal Deficit as % of GSDP โ€” Uttarakhand 2015-16

The fiscal deficit for Uttarakhand in 2015-16 is 2.3% of GSDP (Rs 3,000 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. Uttarakhand is maintaining fiscal discipline close to the recommended limit.

Interest payments at Rs 2,200 crore consume 8.5% of total expenditure.

Uttarakhand State Budget 2015-16 โ€” Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 27,000 crore100%
1. Revenue ReceiptsRs 23,000 crore85.2%
a. Own Tax RevenueRs 10,200 crore37.8%
b. Non-Tax RevenueRs 4,500 crore16.7%
B. Total ExpenditureRs 26,000 crore100%
1. Revenue ExpenditureRs 22,500 crore86.5%
2. Capital ExpenditureRs 3,500 crore13.5%
of which: Interest PaymentsRs 2,200 crore8.5%
C. Fiscal DeficitRs 3,000 crore2.3% of GSDP

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

Uttarakhand Budget 2015-16 Analysis & Highlights

Key Highlights

  • Uttarakhand's total expenditure in 2015-16 reached approximately Rs 32,500 crore, reflecting post-Kedarnath reconstruction spending and the continued growth of the state economy.
  • Revenue receipts stood at Rs 28,000 crore, with own tax revenue touching Rs 9,800 crore driven by the mature industrial base and expanding services sector in Dehradun.
  • The 2013 Kedarnath disaster reconstruction continued to dominate capital expenditure, with Rs 3,500 crore allocated for rebuilding destroyed infrastructure across five affected districts.
  • Chief Minister Harish Rawat's Congress government prioritised disaster-resilient infrastructure, including early warning systems and revised building codes for the Himalayan zone.
  • Central transfers at Rs 14,500 crore reflected the transition under the Fourteenth Finance Commission, which increased tax devolution to 42% but reduced plan grants.
  • Education spending at Rs 5,800 crore addressed the dual challenge of quality improvement in existing schools and reconstruction of over 300 educational institutions destroyed in the 2013 floods.
  • Health sector allocation at Rs 3,200 crore included Rs 500 crore for reconstruction of hospitals and primary health centres damaged during the Kedarnath disaster.
  • Tourism recovery was underway with Rs 1,200 crore for rebuilding pilgrim infrastructure on the Char Dham routes, though Kedarnath visitor numbers remained well below pre-2013 levels.
  • Road reconstruction consumed Rs 4,500 crore as over 4,000 km of roads and 150 bridges had been damaged or destroyed in the 2013 floods.
  • Hydropower sector faced setbacks as several projects suffered damage and environmental clearances became more stringent post-disaster.
  • Agriculture and horticulture received Rs 2,200 crore, with renewed focus on hill area livelihood restoration for farming communities displaced by the floods.
  • The state lost its special category status under the Fourteenth Finance Commission restructuring, creating anxiety about future central transfers.
  • Revenue deficit was approximately Rs 1,500 crore as reconstruction costs outstripped revenue growth.
  • Fiscal deficit reached Rs 4,200 crore at approximately 4% of GSDP, above the normal ceiling but justified by disaster reconstruction needs.
  • Migration from hill districts accelerated post-disaster, with over 3,000 ghost villages identified where populations had entirely departed.

Compare Uttarakhand Budget โ€” Recent Years

Year-over-year comparison of key fiscal metrics

Metric2011-122012-132013-142014-152015-16
Total Expenditureโ€”โ€”โ€”โ€”Rs 26,000 crore
Revenue Receiptsโ€”โ€”โ€”โ€”Rs 23,000 crore
Capital Expenditureโ€”โ€”โ€”โ€”Rs 3,500 crore
Fiscal Deficit (% GSDP)โ€”โ€”โ€”โ€”2.3%
Own Tax Revenueโ€”โ€”โ€”โ€”Rs 10,200 crore

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

Understanding Uttarakhand State Budget 2015-16

The Uttarakhand 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.

Uttarakhand 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 Uttarakhand with other states

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