The document discusses the structure and components of state government budgets in India. It explains that state budgets have a revenue budget and capital budget. The revenue budget consists of recurring tax and non-tax revenues, as well as central government transfers. Capital receipts come irregularly and include reductions in assets or increases in liabilities. Revenue is spent on recurring expenses while capital is spent on infrastructure and assets. It provides an example analysis of the Maharashtra state budget for 2021-22 and includes references for further information.

1. State Government Budget
- Lavanya Sarkar

2. Structure of Budgets in the State
 Revenue Budget
 Capital Budget

3. Receipts
Consists of-
 Tax
 non-tax revenues collected by the state
 the share of Central Taxes shared with the state as mandated by the
Finance Commission
 Central Assistance State Annual Plans
 Borrowings

4. Revenue receipts
 Revenue Receipts consist of those sources of revenues which are
recurring in nature.
 Tax and Non-tax revenues, grants-in-aid from the Union Budget
 recur annually
 Consists of-
a) Tax revenue
b) Non- tax revenue - Interest Receipts, Dividends and Profits from State
Public Sector Enterprises as well as returns from user charges on
general, social and economic services
c) Transfers from the centre - Grants from the Central Finance
Commission

5. Capital Receipts
 Capital Receipts of the government lead to either a reduction in the
assets or an increase in the liabilities of the government
 Capital Receipts for government need not come periodically in every
Budget.
 Net Public accounts, Net public debts, Recoveries of loans, other
capital receipts

6. Revenue Expenditure

7. Capital expenditure

8. Maharashtra Budget Analysis
 https://prsindia.org/budgets/states/maharashtra-budget-analysis-2021-22

9. Reference
 https://openbudgetsindia.org/budget-basics/states-budget.html