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Sikkim Budget: Spending, Capital Outlay, Fiscal Deficit and Central Tax Share

Sikkim's budget is Rs 14,492 crore, of which Rs 3,200 crore (22.1%) is capital outlay for building assets. The fiscal deficit is 3.2% of the State's GSDP, and its share of central taxes is Rs 4,800 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

Sikkim budget at a glance

ItemAmount
Total budgetRs 14,492 crore
Revenue expenditureRs 11,100 crore
Capital outlayRs 3,200 crore (22.1% of the budget)
Own tax revenueRs 1,800 crore
Share of central taxesRs 4,800 crore
Grants from the CentreRs 5,400 crore
GSDPRs 44,000 crore
Fiscal deficit3.2% of GSDP

Where Sikkim spends: major heads

Head of accountAmountShare of budgetCovers
Education (2202)Rs 2,200 crore15.2%Free school uniforms, Nar Bahadur Bhandari college
Roads and bridges (3054)Rs 1,600 crore11.0%Landslide restoration & hill bridges
Health (2210)Rs 1,150 crore7.9%New STNM multi-specialty hospital
Debt interest (2049)Rs 890 crore6.1%Debt interest coupons
Rural development (2501)Rs 850 crore5.9%Sikkim Garib Awas Yojana (SGAY)
Agriculture (2401)Rs 780 crore5.4%100% Organic farming inputs & logistics
Police security (2055)Rs 650 crore4.5%Sikkim Police and high-altitude security

Sikkim's share of central taxes: releases announced

Financial yearAnnounced in releases
2026-27Rs 365.00 crore
2025-26Rs 394.00 crore
2024-25Rs 1,904.57 crore
2023-24Rs 1,293.10 crore
2022-23Rs 1,450.68 crore
2021-22Rs 368.94 crore
DateReleaseTo SikkimShare
1 Aug 2026Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and developmental expenditureRs 365.00 crore0.335%
1 Oct 2025In 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 devolutionRs 394.00 crore0.388%
10 Jan 2025Union Government releases tax devolution of ₹1,73,030 crore to State Governments to accelerate capital spending and finance their development and welfare-related expendituresRs 671.35 crore0.388%
10 Oct 2024Union 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, 2024Rs 691.00 crore0.388%
10 Jun 2024Centre releases Rs. 1,39,750 crore installment of Tax Devolution to StatesRs 542.22 crore0.388%
29 Feb 2024Union 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 schemesRs 551.00 crore0.388%
7 Nov 2023Union 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 NovemberRs 283.10 crore0.388%
12 Jun 2023Central Government releases ₹1,18,280 crore as 3rd instalment of tax devolution to State Governments as against normal monthly devolution of ₹59,140 croreRs 459.00 crore0.388%
10 Mar 2023Union 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 expenditureRs 545.00 crore0.388%
10 Nov 2022Two instalments of tax devolution to State Governments amounting toRs 453.00 crore0.388%

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).

More about Sikkim

Union and all State budgets · Tax devolution and the 15th Finance Commission simulator