Bihar Budget-2023-24

 The Finance Minister of Bihar, Vijay Kumar
Chaudhary presented the budget for the state for
financial year 2023-24 on February 28, 2023.
2. Budget expenditure of Rs. 2,61,885.40 crore has
been estimated for the Year 2023-24 which is Rs.
24,194.21 crore more than Rs. 2,37,691.19 crore
for the year 2022-23 budget estimate
3. Establishment & Committment Expenditure
for the Financial year 2023-24 is estimated at Rs.
1,61,855.67 crore, which is Rs. 24,394.72 crore
more than Rs. 1,37,460.94 crore for the year 2022-
23 budget estimate.
4. Annual Scheme Outlay for the finacial year 2023-
24 is estimated at Rs. 1,00,000.00 crore, which is
equal to the year 2022-23 budget estimate. Good
Governance Programme, 2020-25: Under Seven
Nischay-2 of Aatmanirbhar Bihar (2020-25)
Rs. 5,000.00 crore Budget Estimated in Various
Department for the Financial Year 2023-24.
5. Revenue Expenditure for the financial year 2023-
24 is estimated at Rs. 2.07,848.00 crore, which is
Rs. 15,891.33 crore more than Rs. 1,91,956.67
crore for the year 2022-23 budget estimate.
6. Capital Expenditure for the financial year 2023-
24 is estimated at Rs. 54,037.40 crore, which is Rs.
8.302.88 crore more than Rs. Rs. 45,734.52 crore
for the year 2022-23 budget estimate.
7. The Capital and Revenue expenditure for the year
2023-24 Revenue expenditure is Rs, 2,07,848.00
crore and Capital expenditure is Rs. 54,037.40
crore respectively. The total expenditure is Rs.
2,61,885.40 crore. The percentage of Revenue and
Capital expenditure in total expenditure is 79.37
and 20.63 respectively.
8. Development and Non-Development expenditure
for the year 2023-24 Development expenditure
is Rs. 1,67,375.47 crore and Non-Development
expenditure Rs. 94,509.93 crore respectively.

GOVERNMENT OF BIHAR
Trends of Expenditure (Plan & Non Plan) / (Scheme / Establishment & Committed)
Year Plan Year Plan/Schem Non Plan/Establishment Total (Plan/Scheme &
& Committed Non Plan/Establishment
& Committed)
Size Exp. Size Exp. Size Expenditure

2012-13 33363.85 28381.16 45322.97 40825.41 78686.82 69206.57

2013-14 39006.3 33677.56 53081.63 46727.61 92087.93 80405.17
2014-15 57655.12 43939.09 59231.04 50758.95 116886.16 94698.04
2015-16 57425.73 53732.20 63259359 58595.83 120685.32 112328.03
12th
2016-17 72419.32 60840.03 72276.95 65461.98 144696.27 126302.01
Five
2017-18 Year 81267.23 65026.93 78818.46 71400.09 160085.69 136427.02
2018-19 92317.65 69771.67 84672.62 84883.77 176990.27 154655.44
2019-20 101391.02 57438.28 99110.01 88658.41 200501.03 146096.69
2020-21 105766.35 63404.67 1059950.14 102291.84 211761.49 165696.51
2021-22 100518.86 83297.54 117783.84 109825.45 218302.70 193122.99
2022-23 100230.25 137460.94 237691.19
(B.E.)
2023-24 100029.73 161855.67 261885.40
(B.E.)

(47) Bihar Core Facts 2023-24

Â The total expenditure is Rs. 2,61,885.40 crore. The
percentage of Development expenditure and Non-
Development expenditure in total expenditure is
63.91 and 36.09 respectively.
9. Total Revenue Receipt has been estimated at
Rs. 2,12,326.97 crore in 2023-24 which is Rs.
15,622.46 crore mroe than Rs. 1,96,704.51 crore
for the year 2022-23 budget estimate.
10. State's Own Tax Revenue is estimated at Rs.
49,700.05 crore in 2023-24 which is Rs. 8,313.05
crore more than Rs. 41,387.00 crore for the year
2022-23 budget estimate.
11. State's Non Tax Revenue is estimated at Rs.
6,511.74 crore in 2023-24 which is Rs. 376.12 crore
more than Rs. 6,135.62 crore for the year 2022-23
budget estimate.

GOVERNMENT OF BIHAR
Transfor from Central Government in Central taxes & Grants received from Central
Government
Year State's Share in Central Taxes Central Grant
Target (GOI) Actual Target (B.E.) Actual
(B.E.)
2015-16 50747.58 48922.68 18170.63 19565.60
2016-17 55233.71 58880.59 34142.14 20559.02
2017-18 65326.34 65083.38 36956.00 25720.13
2018-19 76172.37 73603.13 46431.12 24651.62
2019-20 89121.79 63406.33 49019.38 26968.62
2020-21 91180.60 59861.41 52754.10 31763.88
2021-22 91180.60 91352.62 54531.21 28605.83
2022-23 (B.E.) 91180.60 58001.29
2023-24 (B.E.) 102737.26 53377.92

12. State's Share in Central Taxes is estimated at 13. Grants in Aid from Central Government to State is
Rs, 1,02,737.26 crore in 2023-24 which is Rs. estimated at Rs. 53,377.92 crore in 2023-24 which
11,556.66 crore more than Rs. 91,180.60 crore is Rs. 4,623.37 crore less than Rs. 58,001.29 crore
the year 2022-23 budget estimate. for the year 2022-23 budget estimate.

GOVERNMENT OF BIHAR
State's Committed Expenditure in Non Plan/Establishment and Committed
Year Salary Interest Principal Pension Total
Repayment
2015-16 14221.04 7097.69 4124.85 11850.36 37293.94
2016-17 15784.04 8190.70 4214.57 12514.52 40703.83
2017-18 16941.45 9053.78 4653.55 14293.48 44942.26
2018-19 18954.04 10071.14 7229.82 16027.75 52282.75
2019-20 19463.22 10991.42 7109.83 17110.38 54674.85
2020-21 20658.91 12484.03 6880.47 19635.15 59658.56
2021-22 22237.55 13821.93 8746.47 20257.58 65063.53
2022-23 (B.E.) 29749.57 16305.03 14670.03 24252.29 84976.92
2023-24 (B.E.) 31118.70 18354.44 23558.69 29436.92 102468.75

Bihar Core Facts 2023-24 (48)

14. The State has Revenue Surplus of Rs, 4,478.97
crore during 2023-24 which is 0.52% of GSDP.
GSDP estimate is Rs. 8,58,928.00 crore for the
year 2023-24.
15. The Fiscal Deficit has been estimated at Rs.
25,567.84 crore which is 2.98% of GSDP estimate
subtracting revenue receipt, recoveries of loans and
advances and repayment of public debt from total
expenditure. For the year 2023-24, estimated Fiscal
Deficit is Rs. 25,567.84 crore, which is 2.98 percent
of GSDP Rs. 8,58,928.00 crore.
Rupee comes from

at Rs. 8,58,928.00 crore for the year 2023-24. Non-Tax Revenue

Tax Revenue of State of State
16. The Outstanding Public Debt is estimated at Rs. 18.96
18.96 Grants in Aid
2,76,165.43 crore in 2023-24 which is 32.15% form Centre
of GSDP of Rs. 8,58,928.00 crore. Total debt 20.37
including liability in public account estimate is Rs.
Public Debt
3,24,762.35 crore in 2023-24 which is 37.81% of
18.82
GSDP of Rs. 8,58,928.00 crore.
The Department wise allocation for Annual Scheme Loan Recovery
State's Share in 0.16
2023-24 has been made as follows :
Central taxes
Sl. Name of Department Scheme Percentage 39.20
No. Outlay total
outlay
1 Education Department 22200.35 22.20 Rupee goes to

2 Rural Development 15193.19 15.19 Public Debt

Department Grant in aid 9.00 Loan and Advance
0.01 0.47
3 Social Welfare 8191.79 8.19 General services
Department Economic 28.38
4 Rural Works 7950.27 7.95 services
Department 24.01

5. Health Department 7117.27 7.12

6 Road Construction 4420.99 4.42
Department

7 Urban Development and 4055.10 4.06

Housing Department

8 Water Resource 3232.63 3.23

Social services
Department
38.14
9 Agriculture Department 2781.99 2.78
10 Public Health 1947.65 1.95 Â Capital Outlay :- Expenditure on creation/extension
Enginering Department
of assets is treated as capital outlay expenditure.
11 Others 22908.48 22.91
Capital outlay for the year 2023-24 is estimated at
TOTAL 100000.00 100.00
Rs. 29,257.31 crore, which is Rs, 492.33 crore lesst
 Revenue Surplus :- If revenue receipt is more than
han Rs, 29,749.64 crore for the year 2022-23.
revenue expenditure the surplus amount is called
 Debt Management :- The Fiscal Deficit to GSDP
revenue surplus. For the year 2023-24 revenue
surplus is Rs. 4,478.97 crore. has been maintained within the statutory limit of
 Fiscal Deficit :- Fiscal deficit is the amont left by 3.0% as per FRBM Act.

(49) Bihar Core Facts 2023-24

Sl. Item Actual Actual Actual Actual Actual Actual Actual
No. 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22

A. Inernal Debt in which 17565.04 20065.17 11770.77 16134.42 27865.79 29412.30 30917.46

1 Market Borrowing 11500.00 17700.00 10000.00 14300.00 25572.54 27285.00 28517.46

2 NSSF 3306.54 0.00 0.00 0.00 0.00 0.00 0.00

3 NABARD 1200.00 1517.20 1770.77 1730.19 1854.20 2116.01 2400.00

4 NCDC 3.98 70.71 0.00 104.23 439.05 11.29 0.00

5 Ohters (Uday Bond etc.) 1554.52 777.26 0.00 0.00 0.00 0.00 0.00

B External Debt in which 817.97 1511.59 1398.65 2533.78 1279.24 6502.76 9527.44

1 EAP's 817.97 1507.38 1391.46 2533.78 1278.42 1758.76 1169.51

C Total Public Debt (A + B) 18383.01 21576.76 13169.42 18668.20 29145.03 35915.06 40444.90
D Net Other Liabilities in 3263.63 4781.71 9539.40 706.18 2425.32 4779.05 -1383.72
which

(i) Other Liabilities Receips 37647.21 51268.43 46243.04 55137.82 65048.08 72517.23 77082.67

(ii) Other Liabilities Repayment 34383.58 46483.72 36703.64 54431.64 62622.76 67738.18 78466.39
E Total Debt (C + D) 21646.64 26358.47 22708.82 19374.38 31570.35 40694.11 39061.18

F Repayment of Loans 4124.85 4214.57 4653.56 7229.82 7109.83 6880.47 8746.47

G Net Public Debt 14258.16 17362.19 8515.86 11438.38 22035.20 29034.59 31698.43

H Net Borrowing (E – F) 17521.79 22143.90 18055.26 12144.56 4460.52 33813.64 30314.71

I GSDP 371602.00 421051.00 468746.00 527976.00 594016.00 618628.00 675448.00

J Total Public Debt at the 88828.64 106190.83 11476.69 126145.07 148180.27 177214.86 208913.29
end of the Financial Year

Public Debt GSDP Ratio 23.90 25.22 24.47 23.89 24.95 28.65 30.93

K Debt GSDP Ratio 31.37 32.95 33.45 31.99 32.55 36.73 38.12

M Interest Payment 7097.69 7484.88 8640.93 10071.14 10991.42 12484.09 13821.93

N Revenue Receipt 96123.10 105570.89 116723.83 131793.45 124232.53 128168.40 158797.33

Debt Sustainability
1 R a t e o f G r o w t h o f 17.69 18.99 13.02 7.75 14.48 17.49 13.34
Outstanding Debt

2 Rate of Growth of GSDP 8.35 13.31 11.33 12.64 12.51 4.14 9.18
3 Interest/Revenue Receipt 5.97 5.27 5.28 5.66 5.49 5.27 4.91

4 Interest/ Revenut Receipt 7.38 7.09 7.40 7.64 8.85 9.74 8.70
5 Debt Repayment/ Debt 19.06 15.99 20.49 37.32 22.52 16.91 22.39
Receipts

6 Net Debt Available to the

State (Total Public Debt 116577.61 138721.51 156776.77 168921.33 193381.85 227195.49 257510.20

with Ohter Liabilities at the

end of the Financial Year)

Bihar Core Facts 2023-24 (50)

Â Fiscal Management :- Bihar is one of those state 10. Indira Gandhi National Old Age 1410.00
which have taken its fiscal responsibility seriously Pension Scheme
and implemented the FRBM Act in letter and spirit. 11. Mukhyamantri Gram Sampark 2374.98
For this Bihar Fiscal Responsibility and Budget Yojana
Management Rules, 2022 has been notified. In 12. Chief Minister Area Development 1000.00
Scheme
the year 2023-24 we are again likely to generate a
13. Swachh Bharat Mission (Rural & 2333.98
revenue surplus and the fiscal deficit is likely to be Urban)
contained at 2.98% of State GDP that is within the
14. Chief Minister Old age pension 1029.57
FRBM limits of 3.0%. scheme
 Amout Earmarked for Scheduleds Castes &
15. Smart City Mission 1120
Scheduled Tribes :- In the financial year 2018-
16. Nation Rural Drinking water Pro- 533.33
19, amount to be spet for the benefit of Scheduled gram
Castes and Scheduled Tribes community has been 17. Bihar State Crop Assurance 472.08
earmarked separtely under Minor Head so that ic Scheme
can not be spent for any other purpose. For the 18. Housing For All ( Urban) 420.00
financial year 2023-24, Rs. 16,939.53 crore has been
19. National Old Age Pension Scheme 130
earmarked for Scheduled Castes Special Component
Plan and Rs. 1,574.49 crore has been earmarked for  Health Department :- For the year 2023-24
Tribal Sub Plan. expenditure for health department is estimated at
 Education Department :- For the year 2023-24 Rs. 16,955.42 crore, in which Rs, 15,137.05 crore
expenditure for this department is estimated at
Revenue Section and Rs. 1,829.37 crore for Capital
Rs. 40,450.91 crore in which Rs. 39,929.24 crore
Section.
Revenue Section and Rs. 521.67 crore for Capital
 Road Sector :- Departments of Road construction
Section.
and Rural works are involved in this sector. For the
Provisioned Amount for the Important Schemes
in the Budget 2022-23 year 2023-24 the proposed expenditure is estimated
at Rs. 17,487.78 crore. For the year 2023-24 the total
S. Name of the Scheme Provisioned
No. amount amount includes Rs. 4,500.00 crore for (OPRMC)
(In Rs. Crore) maintenance of road.
1. Sarv Siksha Abhiyan (S.S.A.) 16131 Â Welfare Initiative :- A provision of Rs. 12,439.41
(Samgra Siksha)
crore for the welfare of SC & ST, Minority, OBC
2. Housing for All( Rural) 6789.14 & MBC and Social welfare for year 2023-24.
3. Pradhan Mantri Gram Sadak 4460.29 Â The State's finances in good shape. Which can be
Yojana
seen from the following Fiscal achievements.
4. Scheme for Nutritional Support to 3654 I. The Fiscal Deficit was 3.78 percent of GSDP
Primary Education (M.D.M.)
Rs. 6,75,448.00 crore during 2021-22 which
5. National Health Mission along 3299.55
with N.R.H.M. is under the prescibed conditional limit of 4.5
percent.
6. Integrated Child Development 3111.94
Services (ICDS) II. Public Debt Liability Rs, 2,08,913.30 crore
7. National Rural Employment 2500.00 was 30.93 percent of GSDP Rs. 6,75,448.00
Guarantee Scheme crore during 2021-22. By the end of 31st March,
8. Human resource in health and 2237.90 2022 public debt and other liabilities is Rs.
medical education 2,57,510.22 crore.
9. National Rural Livelihoods Mis- 2100.00 III. The interest Payment was 8.70 percent of Total
sion (NRLM) Revenue Receipt during 2021-22.

(51) Bihar Core Facts 2023-24

 Actual/Budget At A Glance
(Rs. in Crore)
2021-22 2022-23 2023-24 Change over Change over
Particulars Actual 2021-22 2022-23 BE
Budget Budget Actual to to 2023-24
Estimate Estimate 2022-23 B.E. BE

1 2 3 4 5 6
1 Revemie Receipts 158797.33 196704.51 212326.97 23.87 7.94
2 Tax Revenue (a + b) 126207.16 132567.60 152437.31 5.04 14.99
(a) State's share of Central Taxes 91352.62 91180.60 102737.26 -0.19 12.67
(b) State's Own Taxes 34854.54 41387.00 49700.05 18.74 20.09
3 State's own Non tax Revenue 3984.34 6135.62 6511.74 53.99 6.13
4 Grants-in-aid from Central Govt. 28605.83 58001.29 53377.92 102.76 -7.97
5 Capital Receipts (6+7+8) 40472.82 41187.43 49758.44 1.77 20.81
6 Recoveri4s of Loan & Advances 27.92 431.55 431.91 1445.66 0.08
7 Internal Debt of State 30917.46 37845.88 47451.53 22.41 25.38
8 Loans and Advances from 9527.44 2910.00 1875.00 -69.46 -35.57
Central Government
9 Total Receipts 199270.15 237891.94 262085.40 19.38 10.17
10 Establishment & Commitment 109828.45 137460.94 161855.67 25.16 17.75
Expenditure
11 On Revenue Account of which 100732.94 122603.30 138012.19 21.71 12.57
12. (a) Interest Payment 13821.93 16305.03 18354.44 17.96 12.57
(b) Pension 20257.58 24252.29 29436.92 19.72 21.38
(c) Salary 22237.55 29749.57 31118.70 33.78 4.60
13 On Capital Account (a+b+c+d) 9092.51 14857.64 23843.48 63.41 60.48
(a) Internal Debt of the State 7619.64 12927.41 21487.65 69.66 66.22
(b) Loans And Advances from 1126.83 1742.62 2071.04 54.65 18.85
Central Government
(c) Capital Expenditure 27.63 67.10 163.50 142.85 143.67
14 Scheme Expenditure 83297.54 100230.25 100029.73 20.33 -0.20
(a) Annual Scheme 83149.18 100000.00 100000.00 20.27 0.00
(b) Central Sector Scheme 148.36 230.25 29.73 55.19 -87.09
15 On Revenue Account 58486.77 69353.37 69835.81 18.58 0.70
16 On Capital Account 24810.77 30876.88 30193.92 24.45 -2.21
17 Total Expenditure (10+14) 193122.99 237691.19 261885.40 23.08 10.18
18 Revenue Expenditure (11+15) 159219.71 191956.67 207848.00 20.56 8.28
19 Capital Expenditure (13+16) 33903.28 45734.52 54037.40 34.90 18.15
20 Revenue Deficit (18–1) 422.38 -4747.84 -4478.97
21 Fiscal Deficit 25551.27 25885.11 25567.83
{17-(1+6+13 (a) + 13(b)}
22 Primary Deficit (21-12a) 11729.34 9580.07 7213.39
23 GSDP 675448.00 745310.00 858928.00
24 G.F.D./G.S.D.P. 3.78% 3.47% 2.98%
25 Interest Pay/Total Rev. Receipt 8.70% 8.29% 8.64%

Bihar Core Facts 2023-24 (52)