Question 659
What is the estimated "Revenue Balance" status for Assam in the 2025-26 budget?
Answer
Zero (no surplus or deficit)
Why?
The correct answer is Zero (no surplus or deficit). Key Points The state of Assam has estimated a revenue balance of zero for the financial year 2025-26. A zero revenue balance implies that the state's revenue receipts exactly equal its revenue expenditure (Rs 1,17,226 crore). This state of balance suggests that the government is meeting its daily operational expenses from its own earnings without needing to borrow for consumption. This is a fiscal improvement over the revised estimate of 2024-25 , which recorded a revenue deficit of 0.8% of GSDP. The achievement of a revenue balance (or surplus) is a primary goal set under the FRBM Act to ensure long-term fiscal discipline. Additional Information Rs 5,368 crore: This was the actual Revenue Deficit recorded at the Revised Estimate (RE) stage for the year 2024-25. Rs 1,852 crore: This was the Revenue Surplus originally budgeted for the year 2024-25 before it was revised to a deficit. 3.7% of GSDP: This is the Fiscal Deficit target for 2025-26, which represents the total borrowing needed for all state expenditures. Outstanding Debt: While maintaining a revenue balance, Assam's total outstanding debt is projected to be 25.7% of GSDP in 2025-26.
