Jharkhand Budget: Spending, Capital Outlay, Fiscal Deficit and Central Tax Share
Jharkhand's budget is Rs 1,28,900 crore, of which Rs 25,800 crore (20.0%) is capital outlay for building assets. The fiscal deficit is 3.12% of the State's GSDP, and its share of central taxes is Rs 38,400 crore.
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
Jharkhand budget at a glance
Item
Amount
Total budget
Rs 1,28,900 crore
Revenue expenditure
Rs 98,000 crore
Capital outlay
Rs 25,800 crore (20.0% of the budget)
Own tax revenue
Rs 32,000 crore
Share of central taxes
Rs 38,400 crore
Grants from the Centre
Rs 21,000 crore
GSDP
Rs 4,40,000 crore
Fiscal deficit
3.12% of GSDP
Where Jharkhand spends: major heads
Head of account
Amount
Share of budget
Covers
Education (2202)
Rs 15,600 crore
12.1%
Schools of Excellence, tribal residential schools
Rural development (2501)
Rs 14,200 crore
11.0%
Abua Awas Yojana, rural connectivity
Debt interest (2049)
Rs 8,500 crore
6.6%
Public debt charges
Roads and bridges (3054)
Rs 7,800 crore
6.1%
Mining belt corridor roads, state highways
Police security (2055)
Rs 7,400 crore
5.7%
Anti-Naxal operations, specialized force
Health (2210)
Rs 7,200 crore
5.6%
RIMS Ranchi modernization, district hospitals
Agriculture (2401)
Rs 6,800 crore
5.3%
Birsa crop loan scheme, minor irrigation
Jharkhand's share of central taxes: releases announced
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).