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Goa Budget: Spending, Capital Outlay, Fiscal Deficit and Central Tax Share
Goa's budget is Rs 26,855 crore, of which Rs 5,800 crore (21.6%) is capital outlay for building assets. The fiscal deficit is 2.45% of the State's GSDP, and its share of central taxes is Rs 4,200 crore.
On this page Goa budget at a glance Where Goa spends: major heads Goa's share of central taxes More about Goa
2024-25 (BE) & 2023-24 (RE) · compiled from State Budget Books (Demands for Grants) & RBI State Finances Study; figures as compiled, not a live feed
Goa budget at a glance Item Amount Total budget Rs 26,855 crore Revenue expenditure Rs 20,100 crore Capital outlay Rs 5,800 crore (21.6% of the budget) Own tax revenue Rs 9,800 crore Share of central taxes Rs 4,200 crore Grants from the Centre Rs 2,800 crore GSDP Rs 1,10,000 crore Fiscal deficit 2.45% of GSDP
Where Goa spends: major heads Head of account Amount Share of budget Covers Education (2202) Rs 2,800 crore 10.4% Coding in schools, university funding Debt interest (2049) Rs 2,450 crore 9.1% Debt servicing Roads and bridges (3054) Rs 2,400 crore 8.9% Zuari and Mandovi bridge approaches Health (2210) Rs 2,100 crore 7.8% Goa Medical College super specialty Police security (2055) Rs 1,100 crore 4.1% Tourist security, coastal police stations Agriculture (2401) Rs 650 crore 2.4% Horticulture and cashew plantation grants Rural development (2501) Rs 550 crore 2.0% Panchayat grants, solid waste management
Goa's share of central taxes: releases announced Financial year Announced in releases 2026-27 Rs 398.00 crore 2025-26 Rs 392.00 crore 2024-25 Rs 1,895.33 crore 2023-24 Rs 1,287.63 crore 2022-23 Rs 1,446.32 crore 2021-22 Rs 367.02 crore
Date Release To Goa Share 1 Aug 2026 Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and developmental expenditure Rs 398.00 crore 0.365% 1 Oct 2025 In view of upcoming festive season and to enable States to accelerate capital spending and finance their development/ welfare related expenditure, Union Government releases tax devolution of ₹1,01,603 crore to State Governments, as one advance instalment of tax devolution Rs 392.00 crore 0.386% 10 Jan 2025 Union Government releases tax devolution of ₹1,73,030 crore to State Governments to accelerate capital spending and finance their development and welfare-related expenditures Rs 667.91 crore 0.386% 10 Oct 2024 Union Government releases tax devolution of ₹1,78,173 crore to State Governments, including one advance instalment of ₹89,086.50 crore in addition to regular instalment due in October, 2024 Rs 688.00 crore 0.386% 10 Jun 2024 Centre releases Rs. 1,39,750 crore installment of Tax Devolution to States Rs 539.42 crore 0.386% 29 Feb 2024 Union Government releases another additional installment of tax devolution of Rs. 1,42,122 crore to strengthen hands of State Governments for financing various social welfare measures and infrastructure development schemes Rs 549.00 crore 0.386% 7 Nov 2023 Union Government authorises release of tax devolution of ₹72,961.21 crore to all State Governments for November, 2023; three days ahead of the usual date of 10th November Rs 281.63 crore 0.386% 12 Jun 2023 Central Government releases ₹1,18,280 crore as 3rd instalment of tax devolution to State Governments as against normal monthly devolution of ₹59,140 crore Rs 457.00 crore 0.386% 10 Mar 2023 Union Government releases 14th instalment of tax devolution to State Governments amounting to ₹1,40,318 crore to strengthen hands of States to accelerate their capital and developmental expenditure Rs 546.00 crore 0.389% 10 Nov 2022 Two instalments of tax devolution to State Governments amounting to Rs 450.00 crore 0.386%
Covers the instalments announced through press releases (extra or advance instalments, and some regular ones). Regular monthly instalments without a release are not included, so yearly sums here are not the full year's devolution. Source: Ministry of Finance press releases (Press Information Bureau) .
Union and all State budgets · Tax devolution and the 15th Finance Commission simulator