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EventUttar Pradesh emerges as the leading revenue surplus state according to the CAG decadal study.
ReportComptroller and Auditor-General of India (CAG) decadal study on state finances for FY 2023.
Key Highlights
Revenue Surplus States16 states reported a revenue surplus in FY 2023.
Top Surplus StateUttar Pradesh: ₹37,000 crore surplus, a significant improvement from its classification as part of the BIMARU states (Bihar, Madhya Pradesh, Rajasthan, Uttar Pradesh).
Revenue Deficit States12 states were in revenue deficit in FY 2023, including Andhra Pradesh, Tamil Nadu, and Rajasthan.
States Relying on Central GrantsWest Bengal received the largest share (16%) of central grants in FY 2023.
States with High Own RevenueHaryana (over 80% revenue from own sources), Telangana (over 70%), and Maharashtra (over 60%).
States' Own Tax Revenue (SOTR)Six states (Haryana, Maharashtra, Telangana, Karnataka, Gujarat, Tamil Nadu) derive over 60% of revenue from SOTR.
Low SOTR StatesNortheastern states and smaller regions like Arunachal, Manipur, Nagaland, and Sikkim report SOTR contributions below 20%.

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