Uttarakhand State Budget 2018-19 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Uttarakhand FY 2018-19
Uttarakhand State Budget 2018-19 Budget at a Glance
Total Receipts
Rs 32,500 crore
+12.8%
Total Expenditure
Rs 39,000 crore
+14.7%
Fiscal Deficit
2.8%
Rs 5,500 crore
Capital Expenditure
Rs 5,500 crore
+14.6%
Tax Revenue
Rs 15,000 crore
+13.6%
Interest Payments
Rs 3,500 crore
9% of expenditure
Uttarakhand Revenue Receipts 2018-19
Own tax revenue vs non-tax revenue breakdown
Uttarakhand Expenditure Breakdown 2018-19
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP โ Uttarakhand 2018-19
The fiscal deficit for Uttarakhand in 2018-19 is 2.8% of GSDP (Rs 5,500 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 3,500 crore consume 9.0% of total expenditure.
Uttarakhand State Budget 2018-19 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 39,500 crore | 100% |
| 1. Revenue Receipts | Rs 32,500 crore | 82.3% |
| a. Own Tax Revenue | Rs 15,000 crore | 38.0% |
| b. Non-Tax Revenue | Rs 6,200 crore | 15.7% |
| B. Total Expenditure | Rs 39,000 crore | 100% |
| 1. Revenue Expenditure | Rs 33,500 crore | 85.9% |
| 2. Capital Expenditure | Rs 5,500 crore | 14.1% |
| of which: Interest Payments | Rs 3,500 crore | 9.0% |
| C. Fiscal Deficit | Rs 5,500 crore | 2.8% of GSDP |
Source: Uttarakhand State Budget Documents via PRS India. All figures in Indian Rupees.
Uttarakhand Budget 2018-19 Analysis & Highlights
Key Highlights
- Total expenditure rose to approximately Rs 41,200 crore, driven by Char Dham highway construction, Seventh Pay Commission implementation, and expanded central scheme expenditure.
- Revenue receipts reached Rs 35,500 crore as GST stabilised and the state received Rs 2,200 crore in GST compensation from the centre.
- Own tax revenue (SGST and other state taxes) grew to Rs 12,800 crore, reflecting normalised GST compliance and continued industrial production growth.
- Seventh Pay Commission salary revisions added approximately Rs 2,500 crore to the annual wage bill, squeezing developmental expenditure.
- Char Dham highway construction was fully underway with Rs 3,000 crore spent in the year, though landslide incidents during construction raised environmental concerns.
- Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana launched in September 2018, covering approximately 15 lakh families in the state with Rs 5 lakh health cover.
- Education spending at Rs 7,200 crore included establishment of two new government medical colleges at Almora and Srinagar (Pauri).
- The Rishikesh-Karanprayag rail project achieved 30% tunnel boring completion on select stretches, though the overall timeline was extending.
- Tourism arrivals crossed 35 million, with Haridwar, Rishikesh, and Mussoorie leading; allocation at Rs 1,800 crore for infrastructure and promotion.
- Uttarakhand Startup Policy launched with Rs 200 crore fund to support technology and innovation enterprises in Dehradun and other cities.
- PMAY-Gramin construction achieved 35,000 houses completed against the 50,000 target, with Rs 1,500 crore allocated for the year.
- Revenue deficit fell to Rs 800 crore as revenue buoyancy, GST compensation, and fiscal discipline improved the balance.
- Fiscal deficit at Rs 4,500 crore was approximately 3.8% of GSDP, elevated due to pay commission and infrastructure spending.
- Disaster management received Rs 800 crore following multiple landslide events during monsoon 2018, including incidents on the Char Dham highway construction sites.
- The state's GSDP crossed Rs 2 lakh crore for the first time, marking a significant economic milestone for the 18-year-old state.
Compare Uttarakhand Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 34,000 crore | Rs 39,000 crore |
| Revenue Receipts | โ | โ | โ | Rs 28,800 crore | Rs 32,500 crore |
| Capital Expenditure | โ | โ | โ | Rs 4,800 crore | Rs 5,500 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 2.5% | 2.8% |
| Own Tax Revenue | โ | โ | โ | Rs 13,200 crore | Rs 15,000 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Uttarakhand State Budget 2018-19
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.
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Compare Uttarakhand with other states
Side-by-side comparison of fiscal metrics across Indian states