Uttarakhand State Budget 2025-26 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Uttarakhand FY 2025-26
Uttarakhand State Budget 2025-26 Budget at a Glance
Total Receipts
Rs 62,565 crore
+3.3%
Total Expenditure
Rs 75,170 crore
+8.0%
Fiscal Deficit
2.9%
Rs 12,605 crore
Capital Expenditure
Rs 15,191 crore
+10.2%
Tax Revenue
Rs 25,000 crore
+11.1%
Interest Payments
Rs 7,200 crore
10% of expenditure
Uttarakhand Revenue Receipts 2025-26
Own tax revenue vs non-tax revenue breakdown
Uttarakhand Expenditure Breakdown 2025-26
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP โ Uttarakhand 2025-26
The fiscal deficit for Uttarakhand in 2025-26 is 2.9% of GSDP (Rs 12,605 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 7,200 crore consume 9.6% of total expenditure.
Uttarakhand State Budget 2025-26 โ Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 75,170 crore | 100% |
| 1. Revenue Receipts | Rs 62,565 crore | 83.2% |
| a. Own Tax Revenue | Rs 25,000 crore | 33.3% |
| b. Non-Tax Revenue | Rs 5,400 crore | 7.2% |
| B. Total Expenditure | Rs 75,170 crore | 100% |
| 1. Revenue Expenditure | Rs 59,979 crore | 79.8% |
| 2. Capital Expenditure | Rs 15,191 crore | 20.2% |
| of which: Interest Payments | Rs 7,200 crore | 9.6% |
| C. Fiscal Deficit | Rs 12,605 crore | 2.9% of GSDP |
Source: Uttarakhand State Budget Documents via PRS India. All figures in Indian Rupees.
Uttarakhand Department-wise Expenditure 2025-26
Top departments by allocation in Uttarakhand for 2025-26
| Department โ | Revenue โ | Capital โ | Total โ | Share |
|---|---|---|---|---|
1. Education | Rs 9,500 crore | Rs 1,200 crore | Rs 10,700 crore | 14.2% |
2. Transport & Roads | Rs 2,500 crore | Rs 4,200 crore | Rs 6,700 crore | 8.9% |
3. Health & Family Welfare | Rs 4,500 crore | Rs 1,500 crore | Rs 6,000 crore | 8.0% |
4. Rural Development | Rs 4,000 crore | Rs 1,800 crore | Rs 5,800 crore | 7.7% |
5. Energy | Rs 3,800 crore | Rs 1,500 crore | Rs 5,300 crore | 7.1% |
6. Agriculture & Allied | Rs 3,500 crore | Rs 800 crore | Rs 4,300 crore | 5.7% |
7. Police & Home | Rs 3,500 crore | Rs 500 crore | Rs 4,000 crore | 5.3% |
8. Water Supply & Sanitation | Rs 1,800 crore | Rs 2,000 crore | Rs 3,800 crore | 5.1% |
9. Urban Development | Rs 2,000 crore | Rs 1,200 crore | Rs 3,200 crore | 4.3% |
10. Tourism & Culture | Rs 1,500 crore | Rs 600 crore | Rs 2,100 crore | 2.8% |
Uttarakhand Budget 2025-26 Analysis & Highlights
Key Highlights
- Total expenditure of Rs 75,170 crore, up 7.2% from 2024-25 BE of Rs 70,094 crore
- Revenue receipts at Rs 62,565 crore with own tax revenue of Rs 25,000 crore
- Revenue surplus of Rs 2,586 crore maintained for the third consecutive year
- Fiscal deficit at 2.9% of GSDP (Rs 12,605 crore), well within FRBM limits
- Capital expenditure of Rs 15,191 crore prioritises hill road connectivity and disaster resilience
- Tourism and pilgrimage infrastructure receives dedicated allocation as Char Dham Highway nears completion
- Hydropower royalties and tourism revenue contribute to non-tax receipts of Rs 5,400 crore
- Disaster management allocation increased following recurring cloudbursts and flash floods
- Education spending at Rs 10,700 crore with focus on residential schools in remote hill areas
- Outstanding debt at Rs 92,000 crore, debt-to-GSDP at 21.4% โ among the lowest in India
- Interest payments at Rs 7,200 crore absorb 11.5% of revenue receipts
- GSDP at Rs 4,29,308 crore driven by tourism, pharma manufacturing, and hydropower
Compare Uttarakhand Budget โ Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 |
|---|---|---|---|---|---|
| Total Expenditure | โ | โ | โ | Rs 69,596 crore | Rs 75,170 crore |
| Revenue Receipts | โ | โ | โ | Rs 60,553 crore | Rs 62,565 crore |
| Capital Expenditure | โ | โ | โ | Rs 13,780 crore | Rs 15,191 crore |
| Fiscal Deficit (% GSDP) | โ | โ | โ | 2.4% | 2.9% |
| Own Tax Revenue | โ | โ | โ | Rs 22,509 crore | Rs 25,000 crore |
Columns showing "โ" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Uttarakhand State Budget 2025-26
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