Uttarakhand State Budget 2017-18 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Uttarakhand FY 2017-18
Uttarakhand State Budget 2017-18 Budget at a Glance
Total Receipts
Rs 28,800 crore
+12.9%
Total Expenditure
Rs 34,000 crore
+16.4%
Fiscal Deficit
2.5%
Rs 4,200 crore
Capital Expenditure
Rs 4,800 crore
+20.0%
Tax Revenue
Rs 13,200 crore
+14.8%
Interest Payments
Rs 3,000 crore
9% of expenditure
Uttarakhand Revenue Receipts 2017-18
Own tax revenue vs non-tax revenue breakdown
Uttarakhand Expenditure Breakdown 2017-18
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Uttarakhand 2017-18
The fiscal deficit for Uttarakhand in 2017-18 is 2.5% of GSDP (Rs 4,200 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 3,000 crore consume 8.8% of total expenditure.
Uttarakhand State Budget 2017-18 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 34,800 crore | 100% |
| 1. Revenue Receipts | Rs 28,800 crore | 82.8% |
| a. Own Tax Revenue | Rs 13,200 crore | 37.9% |
| b. Non-Tax Revenue | Rs 5,500 crore | 15.8% |
| B. Total Expenditure | Rs 34,000 crore | 100% |
| 1. Revenue Expenditure | Rs 29,200 crore | 85.9% |
| 2. Capital Expenditure | Rs 4,800 crore | 14.1% |
| of which: Interest Payments | Rs 3,000 crore | 8.8% |
| C. Fiscal Deficit | Rs 4,200 crore | 2.5% of GSDP |
Source: Uttarakhand State Budget Documents via PRS India. All figures in Indian Rupees.
Uttarakhand Budget 2017-18 Analysis & Highlights
Key Highlights
- Total expenditure reached approximately Rs 37,800 crore under the newly elected BJP government of Chief Minister Trivendra Singh Rawat, reflecting a shift in policy priorities.
- Revenue receipts grew to Rs 32,500 crore as GST implementation from July 2017 disrupted and then stabilised state tax collections.
- GST transition was initially challenging โ the state's VAT-based industrial incentive structure required restructuring into a GST-compatible framework.
- Own tax revenue reached Rs 11,200 crore, with the transition from VAT to SGST occurring mid-year and causing temporary collection disruptions.
- The new government announced the 'Char Dham Mahamarg Vikas Pariyojana' โ a Rs 12,000 crore all-weather highway project connecting Yamunotri, Gangotri, Kedarnath, and Badrinath.
- Capital expenditure at Rs 5,500 crore increased significantly as the BJP government pushed infrastructure development as its signature agenda.
- Education spending at Rs 6,500 crore included Rs 800 crore for smart classrooms and digital learning infrastructure in government schools.
- Health allocation at Rs 3,800 crore launched the Atal Ayushman Yojana, a state-specific health insurance scheme supplementing central programmes.
- Tourism allocation at Rs 1,500 crore promoted adventure tourism, spiritual tourism, and the concept of homestay-based rural tourism in hill villages.
- Industrial policy revamped with Rs 500 crore incentive package for hill district industrialisation, including IT parks and food processing zones.
- The state signed an MOU with the Railway Ministry for accelerating the Rishikesh-Karanprayag railway line at Rs 16,000 crore.
- Revenue deficit narrowed to Rs 1,200 crore as GST compensation from the centre supplemented state revenue.
- Fiscal deficit at Rs 4,000 crore was reduced to approximately 3.6% of GSDP, beginning the consolidation from the previous year's high.
- PMAY-Gramin allocated Rs 1,200 crore for constructing 50,000 houses in rural Uttarakhand, many replacing structures damaged in the 2013 disaster.
- Migration commission report identified 1,765 completely depopulated ghost villages, prompting a Rs 500 crore reverse migration scheme.
Compare Uttarakhand Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 29,200 crore | Rs 34,000 crore |
| Revenue Receipts | โ | โ | โ | Rs 25,500 crore | Rs 28,800 crore |
| Capital Expenditure | โ | โ | โ | Rs 4,000 crore | Rs 4,800 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 2.5% | 2.5% |
| Own Tax Revenue | โ | โ | โ | Rs 11,500 crore | Rs 13,200 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Uttarakhand State Budget 2017-18
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.
Explore More
Compare Uttarakhand with other states
Side-by-side comparison of fiscal metrics across Indian states