Meghalaya Budget: Spending, Capital Outlay, Fiscal Deficit and Central Tax Share
Meghalaya's budget is Rs 27,072 crore, of which Rs 5,200 crore (19.2%) is capital outlay for building assets. The fiscal deficit is 3.85% of the State's GSDP, and its share of central taxes is Rs 8,900 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
Meghalaya budget at a glance
Item
Amount
Total budget
Rs 27,072 crore
Revenue expenditure
Rs 21,200 crore
Capital outlay
Rs 5,200 crore (19.2% of the budget)
Own tax revenue
Rs 3,600 crore
Share of central taxes
Rs 8,900 crore
Grants from the Centre
Rs 8,400 crore
GSDP
Rs 48,000 crore
Fiscal deficit
3.85% of GSDP
Where Meghalaya spends: major heads
Head of account
Amount
Share of budget
Covers
Education (2202)
Rs 4,200 crore
15.5%
Primary school upgrades, teacher salaries
Roads and bridges (3054)
Rs 2,800 crore
10.3%
PMGSY state share, tourism roads
Rural development (2501)
Rs 2,400 crore
8.9%
Autonomous District Councils (ADCs)
Health (2210)
Rs 2,100 crore
7.8%
MHIS, MOTHER program, rural sub-centres
Agriculture (2401)
Rs 1,600 crore
5.9%
FOCUS program, lakadong turmeric mission
Debt interest (2049)
Rs 1,350 crore
5.0%
Debt servicing
Police security (2055)
Rs 1,200 crore
4.4%
State police modernization
Meghalaya'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).
