India vs Jharkhand โ Budget Comparison 2021-22
How does Jharkhand's state budget compare with the Union Budget for FY 2021-22?
Centre vs State โ Key Budget Metrics 2021-22
India (Union)
Rs 33.07 lakh crore
Jharkhand
Rs 78,300 crore
India (Union)
Rs 20.73 lakh crore
Jharkhand
Rs 62,500 crore
India (Union)
Rs 5.93 lakh crore
Jharkhand
Rs 13,500 crore
India (Union)
Rs 16.89 lakh crore
Jharkhand
Rs 19,800 crore
India (Union)
6.7%
Jharkhand
3.2%
India (Union)
Rs 8.53 lakh crore
Jharkhand
Rs 8,000 crore
Receipts & Expenditure โ India vs Jharkhand
| Particulars | India (Union) | Jharkhand | Difference |
|---|---|---|---|
| Total Receipts | Rs 20.73 lakh crore | Rs 62,500 crore | +3217.6% |
| Tax Revenue (Net) | Rs 16.89 lakh crore | Rs 19,800 crore | +8429.5% |
| Non-Tax Revenue | Rs 3.85 lakh crore | Rs 10,200 crore | +3671.0% |
| Total Expenditure | Rs 33.07 lakh crore | Rs 78,300 crore | +4122.9% |
| Revenue Expenditure | Rs 26.08 lakh crore | Rs 64,800 crore | +3924.9% |
| Capital Expenditure | Rs 5.93 lakh crore | Rs 13,500 crore | +4291.7% |
| Interest Payments | Rs 8.53 lakh crore | Rs 8,000 crore | +10558.7% |
| Fiscal Deficit | Rs 15.87 lakh crore | Rs 11,500 crore | +13696.0% |
| Fiscal Deficit (% of GDP) | 6.7% | 3.2% | โ |
| Debt-to-GDP Ratio | 56.7% | 26.7% | โ |
Department-wise Spending โ India vs Jharkhand
| Department | India (Union) | Jharkhand | Difference |
|---|---|---|---|
1. Ministry of Finance (Interest Payments & Transfers) | Rs 12 lakh crore | Rs 0 | โ |
2. Ministry of Defence | Rs 4.69 lakh crore | Rs 0 | โ |
3. Ministry of Consumer Affairs, Food & Public Distribution | Rs 2.49 lakh crore | Rs 0 | โ |
4. Ministry of Road Transport & Highways | Rs 1.84 lakh crore | Rs 0 | โ |
5. Ministry of Railways | Rs 1.77 lakh crore | Rs 0 | โ |
6. Ministry of Chemicals & Fertilisers | Rs 1.6 lakh crore | Rs 0 | โ |
7. Ministry of Home Affairs | Rs 1.54 lakh crore | Rs 0 | โ |
8. Ministry of Rural Development | Rs 1.45 lakh crore | Rs 0 | โ |
9. Ministry of Agriculture & Farmers' Welfare | Rs 85,340 crore | Rs 0 | โ |
10. Ministry of Education | Rs 82,270 crore | Rs 0 | โ |
11. Ministry of Health & Family Welfare | Rs 76,200 crore | Rs 0 | โ |
12. Ministry of Communications | Rs 61,060 crore | Rs 0 | โ |
13. Ministry of Jal Shakti | Rs 42,580 crore | Rs 0 | โ |
14. Ministry of Housing & Urban Affairs | Rs 34,800 crore | Rs 0 | โ |
15. Ministry of Women & Child Development | Rs 17,426 crore | Rs 0 | โ |
Understanding Centre vs State Budget โ India and Jharkhand
India's federal fiscal structure divides spending responsibilities between the Centre and states. The Union Budget covers national priorities like defence, foreign affairs, and central schemes, while state budgets handle education, health, police, and local infrastructure.
The Finance Commission determines how central tax revenue is shared with states. Currently, 41% of the divisible pool is transferred to states. Additionally, states receive grants-in-aid for specific schemes and programs.
Jharkhand's share of central transfers, combined with its own tax revenue (state GST, excise, stamp duty, vehicle tax) and non-tax revenue, determines its total resource envelope. Comparing this with the Union Budget provides a complete picture of public finance in India.
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