Uttarakhand Budget Analysis

2024-25
The Finance Minister of Uttarakhand, Mr Premchand Aggarwal, presented the Budget for the state for the financial
year 2024-25 on February 27, 2024.
Budget Highlights
▪ The Gross State Domestic Product (GSDP) of Uttarakhand for 2024-25 (at current prices) is projected to
be Rs 3,94,675 crore, amounting to growth of 14% over 2023-24.
▪ Expenditure (excluding debt repayment) in 2024-25 is estimated to be Rs 70,094 crore, an increase of
13% over the revised estimates of 2023-24. In addition, debt of Rs 19,137 crore will be repaid by the state.
▪ Receipts (excluding borrowings) for 2024-25 are estimated to be Rs 60,677 crore, an increase of 11% as
compared to the revised estimate of 2023-24.
▪ Revenue surplus in 2024-25 is estimated to be 1.2% of GSDP (Rs 4,737 crore), higher than the revised
estimates for 2023-24 (0.9% of GSDP). In 2023-24, the revenue surplus is expected to be 29% lower than the
budget estimate.
▪ Fiscal deficit for 2024-25 is targeted at 2.4% of GSDP (Rs 9,416 crore). In 2023-24, as per the revised
estimates, fiscal deficit is expected to be 2.2% of GSDP, lower than the budget estimate for 2023-24.
Policy Highlights
▪ Safety: All unsafe bridges and river trolleys operated for transportation will be removed. Crash barriers will be
installed along identified stretches to prevent accidents.
▪ Infrastructure: Air connectivity will be provided across all districts of the state. E-office systems will be
introduced in all government offices. A new scheme is being proposed to strengthen cyber security
infrastructure in Uttarakhand.
▪ Green Energy: Solar energy systems will be installed across all government buildings. Rs 100 crore has been
allocated for installation of solar rooftop panels.
▪ Social welfare: To promote women’s equality and ensure gender sensitive planning, Rs 14,538 crore has been
allocated as gender budget.
▪ Education and Sports: All government schools will be provided essential furniture. Rs 250 crore has been
allocated towards organising the 38th National games in the state.

Uttarakhand’s Economy
Figure 1: Growth in GSDP and sectors in Uttarakhand at
▪ GSDP: In 2023-24, Uttarakhand’s GSDP (at constant prices (2011-12)
constant prices) grew at 7.6%, same as 2022-23. 20%
12.7%
11.5%

In comparison, national GDP is estimated to grow

10.5%

15%
9.6%
9.2%
8.1%

at 7.6% in 2023-24.
7.6%
7.6%

7.6%

10%
1.6%

▪ Sectors: The agriculture sector grew by 1.6% in 5%

2023-24, over a 2.4% contraction in 2022-23. 0%
Manufacturing sector grew by 9.2% in 2023-24, -5%
-1.3%
-2.0%

-2.4%

over an 8.1% growth in 2022-23. Services are

-10%
estimated to grow by 7.6% in 2023-24, compared
-15%
-10.5%

a 9.6% growth in 2022-23.

-12.1%
-12.5%

-20%
▪ In 2023-24, agriculture, manufacturing, and Agriculture Manufacturing Services GSDP
services sectors are estimated to contribute 10%, Sector Sector Sector
47%, and 43% to the economy, respectively (at
current prices). 2020-21 2021-22 2022-23 2023-24
Note: Agriculture includes mining and quarrying; Manufacturing
▪ Per capita GSDP: The per capita GSDP of includes construction and electricity. These numbers are as per
Uttarakhand in 2023-24 (at current prices) is constant prices (2011-12) which implies that the growth rate is
estimated at Rs 2,95,751, an annualised increase adjusted for inflation.
Sources: Uttarakhand FRBM Statements 2024-25; PRS.
of 7% over 2017-18.

Arpita Mallick
arpita@prsindia.org March 7, 2024
PRS Legislative Research ◼ Institute for Policy Research Studies
3rd Floor, Gandharva Mahavidyalaya ◼ 212, Deen Dayal Upadhyaya Marg ◼ New Delhi – 110002
Tel: (011) 2323 4801, 4343 4035 ◼ www.prsindia.org
 Uttarakhand Budget Analysis 2024-25 PRS Legislative Research

Budget Estimates for 2024-25

▪ Total expenditure (excluding debt repayment) in 2024-25 is targeted at Rs 70,094 crore. This is an
increase of 12.8% over the revised estimate of 2023-24. This expenditure is proposed to be met through
receipts (excluding borrowings) of Rs 60,677 crore and net borrowings of Rs 8,783 crore. Total receipts
for 2024-25 (other than borrowings) are expected to register an increase of 10.9% over the revised estimate
of 2023-24.
▪ Revenue surplus in 2024-25 is estimated to be 1.2% of GSDP (Rs 4,737 crore), higher than the revised
estimates for 2023-24 (0.9% of GSDP). Fiscal deficit for 2024-25 is targeted at 2.4% of GSDP (Rs 9,416
crore), higher than the revised estimates for 2023-24 (2.2% of GSDP).
Table 1: Budget 2024-25 - Key figures (in Rs crore)
% change from % change from
2022-23 2023-24 2023-24 2024-25
Items BE 23-24 to RE RE 23-24 to BE
Actuals Budgeted Revised Budgeted
23-24 24-25
Total Expenditure 60,536 77,407 77,888 0.6% 89,230 14.6%
(-) Repayment of debt 8,475 11,228 15,728 40.1% 19,137 21.7%
Net Expenditure (E) 52,061 66,179 62,160 -6.1% 70,094 12.8%
Total Receipts 58,543 76,593 77,411 1.1% 88,597 14.5%
(-) Borrowings 9,431 19,460 22,710 16.7% 27,920 22.9%
Net Receipts (R) 49,112 57,133 54,701 -4.3% 60,677 10.9%
Fiscal Deficit (E-R) 2,949 9,047 7,459 -17.5% 9,416 26.2%
as % of GSDP 1.0% 2.7% 2.2% 2.4%
Revenue Surplus 5,310 4,310 3,041 -29.4% 4,737 55.8%
as % of GSDP 1.7% 1.3% 0.9% 1.2%
Primary Deficit -2,155 2,886 1,400 -51.5% 2,780 98.6%
as % of GSDP -0.7% 0.9% 0.4% 0.7%
GSDP 3,03,781 3,32,883 3,46,206 4.0% 3,94,675 14.0%
Note: BE is Budget Estimates; RE is Revised Estimates.
Sources: Annual Financial Statement, Uttarakhand Budget 2024-25; PRS.

Expenditure in 2024-25
▪ Revenue expenditure for 2024-25 is proposed to
Loans disbursed by the state
be Rs 55,816 crore, an increase of 8% over the
revised estimate of 2023-24. This includes the State governments provide loans to various institutions and
expenditure on salaries, pensions, interest, grants, organisations. In 2024-25, Uttarakhand has budgeted to
and subsidies. provide loans worth Rs 498 crore. As of March 2023,
Uttarakhand has disbursed loans worth Rs 2,455 crore, for
▪ Capital outlay for 2024-25 is proposed to be Rs which repayment is due. The Comptroller and Auditor General
13,780 crore, an increase of 32% over the revised (CAG) (2022) noted that recovery of loans has been poor.
estimate of 2023-24. Capital outlay indicates the Between 2017-18 and 2021-22, only Rs 119 crore has been
expenditure towards creation of assets. At the repaid. As of March 2022, organisations in four sectors, i.e.,
Special Area Program, Water Supply, Sanitation, Housing and
revised stage in 2023-24, capital outlay was 21% Urban Development and Transport had not repaid their loans.
lower than budgeted for that year (Rs 13,134 CAG recommended that the state treat these loans as grants,
crore). and categorise them as revenue expenditure. This would
ensure that the accounts reflect a more accurate financial
▪ In 2024-25, loans and advances by the state are
position of the state.
expected to be Rs 498 crore, higher than the
revised estimates of 2023-24 (Rs 172 crore). In Sources: State Finance Audit Report (2021-22); Finance
the 2023-24 revised stage, it decreased by 42%. Accounts (2022-23), CAG.

Table 2: Expenditure budget 2024-25 (in Rs crore)

% change from % change from
2022-23 2023-24 2023-24 2024-25
Items BE 23-24 to RE RE 23-24 to BE
Actuals Budgeted Revised Budgeted
23-24 24-25
Revenue Expenditure 43,773 52,748 51,585 -2% 55,816 8%
Capital Outlay 8,195 13,134 10,403 -21% 13,780 32%
Loans given by the state 94 298 172 -42% 498 190%
Net Expenditure 52,061 66,179 62,160 -6% 70,094 13%
Note: BE is Budget Estimates; RE is Revised Estimates.
Sources: Annual Financial Statement, Uttarakhand Budget 2024-25; PRS.

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 Uttarakhand Budget Analysis 2024-25 PRS Legislative Research

Committed expenditure: Committed expenditure of a state typically includes expenditure on payment of

salaries, pensions, and interest. A larger proportion of budget allocated for committed expenditure items limits
the state’s flexibility to decide on other expenditure priorities such as capital outlay. In 2024-25, Uttarakhand is
estimated to spend Rs 34,364 crore on committed expenditure, which is 57% of its estimated revenue receipts.
This comprises spending on salaries (32% of revenue receipts), pension (13%), interest payments (11%).
Table 3: Committed Expenditure in 2024-25 (in Rs crore)
% change from % change from
2022-23 2023-24 2023-24 2024-25
Committed Expenditure BE 23-24 to RE RE 23-24 to BE
Actuals Budgeted Revised Budgeted
23-24 24-25
Salaries 15,883 18,820 17,830 -5% 19,582 10%
Pension 7,181 7,602 7,421 -2% 8,146 10%
Interest payment 5,104 6,161 6,059 -2% 6,636 10%
Total Committed
28,167 32,583 31,310 -4% 34,364 10%
Expenditure
Note: BE is Budget Estimates; RE is Revised Estimates.
Sources: Annual Financial Statement, Uttarakhand Budget 2024-25; PRS.

Sector-wise expenditure: The sectors listed below account for 55% of the total expenditure on sectors by the
state in 2024-25. A comparison of Uttarakhand’s expenditure on key sectors with that by other states is shown
in Annexure 1.
Table 4: Sector-wise expenditure under Uttarakhand Budget 2024-25 (in Rs crore)
% change
2022-23 2023-24 2023-24 2024-25 Budget Provisions
Sector from RE 23-24
Actuals Budgeted Revised Budgeted 2024-25
to BE 24-25
▪ Government primary schools have been
Education, Sports, allocated Rs 3,455 crore.
9,831 10,907 10,435 11,700 12%
Arts, and Culture ▪ Rs 3,864 crore revenue expenditure is
budgeted for government secondary schools.
▪ Rs 619 crore has been allocated for prevention
and control of diseases.
Health and Family
3,993 4,435 5,052 4,574 -9% ▪ Rs 1,359 crore is proposed to be spent on
Welfare
allopathic rural health services such as primary
health centres and community health centres.
▪ Child welfare has been allocated Rs 821 crore.
▪ Women welfare has been allocated Rs 574
Social Welfare and
3,709 4,558 4,714 4,572 -3% crore.
Nutrition
▪ Rs 350 crore has been allocated for the
National Old Age Pension programme.
▪ Rs 2,217 crore has been allocated towards
community development including schemes
Rural Development 4,102 4,845 4,132 4,552 10%
such as Pandit Deendayal Upadhyay Rural
Skill Scheme, PMAY and PMGSY.
▪ Crop husbandry has been allocated Rs 644
crore which includes schemes such as National
Agriculture and
3,296 5,037 4,486 4,450 -1% Mission for Natural Farming and PMKSY.
Allied Activities
▪ Rs 157 crore is allocated for research
assistance to agriculture institutions.
▪ Rs 1,466 crore is proposed to be spent on
Police 2,150 2,447 2,334 2,667 14%
district police.
▪ Rs 1,955 crore has been allocated towards
Roads and Bridges 1,717 2,257 2,555 2,389 -7%
district and other roads.
▪ Rs 1,587 crore is allocated for major irrigation.
Irrigation and Flood ▪ The Jamarani Dam Multipurpose project under
875 1,507 1,082 2,191 103%
Control PM-Krishi Sinchayee Yojana has been
allocated Rs 700 crore.
▪ Rs 823 crore is proposed to be spent as capital
Energy 168 1,172 518 1,263 144% outlay on transmission and distribution for
power projects.
▪ Rs 525 crore has been allocated towards urban
Water Supply and
1,159 1,283 1,748 1,186 -32% water supply programmes and Rs 427 crore
Sanitation
towards rural water supply programmes.
% of total
expenditure on all 57% 56% 57% 55% -
sectors
Sources: Annual Financial Statement, Uttarakhand Budget 2024-25; PRS.

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 Uttarakhand Budget Analysis 2024-25 PRS Legislative Research

Receipts in 2024-25
▪ Total revenue receipts for 2024-25 are estimated to be Rs 60,553 crore, an increase of 11% over the
revised estimate of 2023-24. Of this, Rs 27,383 crore (45%) will be raised by the state through its own
resources, and Rs 33,170 crore (55%) will come from the centre. Resources from the centre will be in the
form of state’s share in central taxes (23% of revenue receipts) and grants (32% of revenue receipts).
▪ Devolution: In 2024-25, state’s share in central taxes is estimated at Rs 13,637 crore, an increase of 10%
over the revised estimate of 2023-24.
▪ Grants from the centre in 2024-25 are estimated at Rs 19,533 crore, an increase of 6% over the revised
estimates for 2023-24.
▪ State’s own tax revenue: Uttarakhand’s own tax revenue is estimated to be Rs 22,509 crore in 2024-25,
an increase of 15% over the revised estimate of 2023-24. Own tax revenue as a percentage of GSDP is
estimated at 5.7% in 2024-25, same as the revised estimates for 2023-24. As per the actual figures for
2022-23, own tax revenue as a percentage of GSDP was 5.6%.
Table 5: Break-up of the state government’s receipts (in Rs crore)
% change from % change from
2022-23 2023-24 2023-24 2024-25
Items BE 2023-24 to RE 2023-24 to
Actuals Budgeted Revised Budgeted
RE 2023-24 BE 2024-25
State's Own Tax 17,103 19,983 19,620 -2% 22,509 15%
State's Own Non-Tax 4,367 4,762 4,175 -12% 4,873 17%
Share in Central Taxes 10,617 11,420 12,348 8% 13,637 10%
Grants-in-aid from Centre 16,997 20,893 18,483 -12% 19,533 6%
Revenue Receipts 49,083 57,057 54,627 -4% 60,553 11%
Non-debt Capital Receipts 29 75 74 -1% 124 67%
Net Receipts 49,112 57,133 54,701 -4% 60,677 11%
BE is Budget Estimates; RE is Revised Estimates.
Sources: Annual Financial Statement, Uttarakhand Budget 2024-25; PRS.

▪ In 2024-25, State GST is Augmenting Own Tax Revenue

estimated to be the largest In 2024-25, Uttarakhand’s own tax revenue is estimated to be 37% of its total
source of own tax revenue (45% revenue receipts. The Comptroller and Auditor General (CAG) (2022)
share). State GST revenue is recommended making efforts to augment its own tax revenue. It suggested: (i)
estimated to increase by 16% settling pending tax claims on time, (ii) settling arrears in assessment of taxes,
over the revised estimates of and (iii) recovering the arrears of revenue. Arrears of revenue indicate delayed
2023-24. realisation of revenue and arrears of assessment indicate potential revenue
which is blocked due to delayed assessment. This deprives the state of
▪ Revenue from State Excise in potential revenue receipts, thus affecting revenue deficits. As of March 2022,
2024-25 is expected to see a arrears of revenue under Commercial taxes/VAT and State Excise amounted to
14% increase over the revised Rs 11,618 crore, of which 40% were outstanding for more than five years.
estimates for 2023-24.
Sources: State Finance Audit Report (2021-22), CAG.

Table 6: Major sources of state’s own-tax revenue (in Rs crore)

% change from % change from
2022-23 2023-24 2023-24 2024-25
Head BE 23-24 to RE RE 23-24 to BE
Actuals Budgeted Revised Budgeted
23-24 24-25
State GST 7,341 8,788 8,788 0% 10,201 16%
State Excise 3,526 3,950 3,900 -1% 4,439 14%
Stamps Duty and Registration Fees 1,987 2,063 2,256 9% 2,665 18%
Sales Tax/ VAT 2,555 2,603 2,603 0% 2,504 -4%
Taxes on Vehicles 1,212 1,475 1,375 -7% 1,550 13%
Taxes and Duties on Electricity 294 550 360 -35% 550 53%
Land Revenue 65 54 38 -30% 50 32%
GST Compensation Grants 2,136 0 0 - 0 -
GST Compensation Loans 0 0 0 - 0 -
Sources: Annual Financial Statement, Revenue Budget, and Uttarakhand Budget 2024-25; PRS.

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 Uttarakhand Budget Analysis 2024-25 PRS Legislative Research

Deficits, Debt, and FRBM Targets for 2024-25

The Uttarakhand Fiscal Responsibility Act, 2005 provides annual targets to progressively reduce the outstanding
liabilities, revenue deficit and fiscal deficit of the state government.
Revenue surplus: It is the difference of revenue expenditure and revenue receipts. A revenue surplus implies
that government borrowings are being used for asset creation. The budget estimates a revenue surplus of Rs
4,737 crore (or 1.2% of the GSDP) in 2024-25.
Fiscal deficit: It is the excess of total expenditure over total receipts. This gap is filled by borrowings by the
government and leads to an increase in total liabilities. In 2024-25, the fiscal deficit is estimated to be 2.4% of
GSDP. For 2024-25, the central government has permitted fiscal deficit of up to 3.5% of GSDP to states, of
which 0.5% of GSDP will be available only upon carrying out certain power sector reforms.
Fiscal deficit was 1% in 2022-23, and is estimated to rise to 2.2% at the revised stage in 2023-24. It is projected
to be 2.95% of GSDP by 2027-28.
Outstanding liabilities: Outstanding liabilities is the accumulation of total borrowings at the end of a financial
year, it also includes any liabilities on public account. At the end of 2024-25, the outstanding liabilities are
estimated to be 24.2% of GSDP, lower than the revised estimate for 2023-24 (24.9% of GSDP). The
outstanding liabilities have significantly rose in 2020-21 (32.7% of GSDP), and moderated thereafter.
Figure 2: Revenue and Fiscal Balance (% of GSDP) Figure 3: Outstanding Liabilities (as % of GSDP)
6% 50%

4% 40%
33%
1.5% 1.7%
2% 1.2% 28% 29%
0.9%
0.5%
30% 26% 25%
0.5% 24% 24% 24% 24%
0.13% 0.09%
0%
20%
-0.8% -1.0%
-2% -1.4%
-2.3% -2.2% -2.4% 10%
-3.0% -2.82% -2.99% -2.95%
-4%
2025-26*

2026-27*

2027-28*
2019-20

2020-21

2022-23

2024-25 BE
2023-24 RE
2021-22

0%

2025-26*

2027-28*
2026-27*
2019-20

2020-21

2022-23

2023-24 RE

2024-25 BE
2021-22

Revenue Balance Fiscal Balance

Note: *Figures for 2025-26 and 2026-27 are projections; For 2020-
Note: *Figures for 2025-26 and 2026-27 are projections; Negative 21 and 2021-22, deficits reported without treating GST compensation
numbers indicate a deficit and positive indicate a surplus. RE is loans as grants. RE is Revised Estimates; BE is budget estimates.
Revised Estimates; BE is budget estimates. Sources: Medium Term Fiscal Policy, Uttarakhand Budget 2024-25;
Sources: Medium Term Fiscal Policy, Uttarakhand Budget 2024-25; PRS.
PRS.

Outstanding Government Guarantees: Outstanding liabilities of states do not include a few other liabilities
that are contingent in nature, which states may have to honour in certain cases. State governments guarantee the
borrowings of State Public Sector Enterprises (SPSEs) from financial institutions. As of March 31, 2024, the
state’s outstanding guarantee is estimated to be Rs 119.4 crore, i.e., 0.03% of Uttarakhand’s GSDP in 2023-24.
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March 7, 2024 -5-

 Uttarakhand Budget Analysis 2024-25 PRS Legislative Research

Annexure 1: Comparison of states’ expenditure on key sectors

The graphs below compare Uttarakhand’s expenditure in 2024-25 on six key sectors as a proportion of its total
expenditure on all sectors. The average for a sector indicates the average expenditure in that sector by 31 states
(including Uttarakhand) as per their budget estimates of 2023-24.1
▪ Education: Uttarakhand has allocated 16.8% of its expenditure on education in 2024-25. This is higher
than the average allocation for education by states in 2023-24 (14.7%).
▪ Health: Uttarakhand has allocated 6.6% of its total expenditure towards health, which is marginally higher
than the average allocation for health by states (6.2%).
▪ Rural development: Uttarakhand has allocated 6.5% of its expenditure on rural development. This is
higher than the average allocation for rural development by states (5%).
▪ Urban development: Uttarakhand has allocated 1.6% of its expenditure towards urban development. This
is lower than the average allocation towards urban development by states (3.4%).
▪ Agriculture: Uttarakhand has allocated 6.4% of its total expenditure towards agriculture, which is higher
than the average expenditure on agriculture by states (5.9%).
▪ Welfare of SC, ST and OBC: Uttarakhand has allocated 0.8% of its total expenditure towards welfare of
Sc, ST and OBC, which is lower than the average allocation by states (3.5%).

Spending on education as a Spending on health as a % of Spending on rural development

% of total expenditure total expenditure as a % of total expenditure
18.9%
20% 16.6% 16.8% 16.8% 10% 8.2% 10%
14.7% 7.7% 7.9% 7.4%
15% 8% 6.7% 6.6% 6.2% 8% 6.7% 6.5%
6% 6% 5.0%
10%
4% 4%
5% 2% 2%
0% 0% 0%
2022-23

2022-23

2022-23
2023-24 (RE)

2023-24 (RE)

2023-24 (RE)
2023-24 (BE)

2023-24 (BE)

2024-25 (BE)

2023-24 (BE)

2024-25 (BE)
2024-25 (BE)

states (2023-24 BE)

states (2023-24 BE)

states (2023-24 BE)

Average of all

Average of all

Average of all
Spending on urban Spending on agriculture as a Spending on welfare of
development as a % of % of total expenditure SC, ST, OBC as a % of
total budget 10% total budget
4% 7.6% 7.2% 4% 3.5%
3.4% 8% 6.3% 6.4% 5.9%
3% 6% 3%
1.9% 1.7%
2% 1.6% 1.6% 4% 2%
0.7% 0.6% 0.8%
1% 2% 1% 0.4%

0% 0% 0%
2022-23

2023-24 (RE)
2023-24 (BE)

2024-25 (BE)

states (2023-24 BE)

2022-23

2022-23
2023-24 (RE)

2023-24 (RE)
2023-24 (BE)

2024-25 (BE)

2023-24 (BE)

2024-25 (BE)
Average of all states

Average of all states

Average of all
(2023-24 BE)

(2023-24 BE)

Note: 2022-23, 2023-24 (BE), 2023-24 (RE), and 2024-25 (BE) figures are for Uttarakhand.
Sources: Annual Financial Statement, Uttarakhand Budget 2024-25; various state budgets; PRS.

1
The 31 states include the Union Territories of Delhi, Jammu and Kashmir, and Puducherry .

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 Uttarakhand Budget Analysis 2024-25 PRS Legislative Research

Annexure 2: Comparison of 2022-23 Budget Estimates and Actuals

The following tables compare the actuals of 2022-23 with budget estimates for that year.

Table 7:Overview of Receipts and Expenditure (in Rs crore)

Particular 2022-23 BE 2022-23 Actuals % change from BE to Actuals
Net Receipts (1+2) 51,500 49,112 -5%
1. Revenue Receipts (a+b+c+d) 51,474 49,083 -5%
a. Own Tax Revenue 15,371 17,103 11%
b. Own Non-Tax Revenue 5,521 4,367 -21%
c. Share in central taxes 9,130 10,617 16%
d. Grants-in-aid from the Centre 21,453 16,997 -21%
Of which GST compensation grants 2,590 2,136 -18%
2. Non-Debt Capital Receipts 25 29 15%
3. Borrowings 12,275 9,431 -23%
Of which GST compensation loan 0 0 -
Net Expenditure (4+5+6) 60,003 52,061 -13%
4. Revenue Expenditure 49,013 43,773 -11%
5. Capital Outlay 10,840 8,195 -24%
6. Loans and Advances 150 94 -37%
7. Debt Repayment 5,568 8,475 52%
Revenue Surplus 2,461 5,310 116%
Revenue Balance (as % of GSDP) 0.8% 1.7% -
Fiscal Deficit 8,504 2,949 -65%
Fiscal Deficit (as % of GSDP) 2.8% 1.0% -
Source: Uttarakhand Budget Documents of various years; PRS.

Table 8: Key Components of State's Own Tax Revenue

Tax Source/Head 2022-23 BE 2022-23 Actuals % change from BE to Actuals
Taxes and Duties on Electricity 550 294 -47%
State Excise 3,522 3,526 0%
Taxes on Vehicles 1,155 1,212 5%
Sales Tax/ VAT 2,204 2,555 16%
State GST 6,201 7,341 18%
Stamps Duty and Registration Fees 1,590 1,987 25%
Land Revenue 38 65 71%
Source: Uttarakhand Budget Documents of various years; PRS.

Table 9: Allocation towards Key Sectors

Sector 2022-23 BE 2022-23 Actuals % change from BE to Actuals
Energy 473 168 -64%
Welfare of SC, ST, OBC, and Minorities 419 233 -44%
Irrigation and Flood Control 1,365 875 -36%
Housing 116 76 -35%
Social Welfare and Nutrition 4,572 3,709 -19%
Agriculture and Allied Activities 4,059 3,296 -19%
Rural Development 4,922 4,102 -17%
Education, Sports, Arts, and Culture 10,896 9,831 -10%
Health and Family Welfare 4,416 3,993 -10%
Water Supply and Sanitation 1,279 1,159 -9%
Transport 2,184 1,993 -9%
of which Roads and Bridges 1,870 1,717 -8%
Urban Development 886 815 -8%
Police 2,333 2,150 -8%
Source: Uttarakhand Budget Documents of various years; PRS.

March 7, 2024 -7-