Gujarat Budget โ 2003-04 vs 2002-03
Year-over-year budget comparison showing how Gujarat's fiscal priorities have changed
Budget Growth โ 2003-04 vs 2002-03
2003-04
Rs 27,000 crore
2002-03
Rs 24,300 crore
2003-04
Rs 18,500 crore
2002-03
Rs 16,200 crore
2003-04
Rs 5,200 crore
2002-03
Rs 4,800 crore
2003-04
Rs 11,100 crore
2002-03
Rs 9,720 crore
2003-04
3.5%
2002-03
4.0%
2003-04
Rs 4,510 crore
2002-03
Rs 3,920 crore
Receipts & Expenditure โ Year-over-Year Change
| Particulars | 2003-04 | 2002-03 | Difference |
|---|---|---|---|
| Total Receipts | Rs 18,500 crore | Rs 16,200 crore | +14.2% |
| Tax Revenue (Net) | Rs 11,100 crore | Rs 9,720 crore | +14.2% |
| Non-Tax Revenue | Rs 2,960 crore | Rs 2,592 crore | +14.2% |
| Total Expenditure | Rs 27,000 crore | Rs 24,300 crore | +11.1% |
| Revenue Expenditure | Rs 21,800 crore | Rs 19,500 crore | +11.8% |
| Capital Expenditure | Rs 5,200 crore | Rs 4,800 crore | +8.3% |
| Interest Payments | Rs 4,510 crore | Rs 3,920 crore | +15.1% |
| Fiscal Deficit | Rs 6,510 crore | Rs 6,720 crore | -3.1% |
| Fiscal Deficit (% of GDP) | 3.5% | 4.0% | โ |
| Debt-to-GDP Ratio | 28.8% | 29.2% | โ |
How Has Gujarat's Budget Changed from 2002-03 to 2003-04?
Comparing budgets across years helps track fiscal consolidation progress, shifts in spending priorities, and revenue growth patterns. The gap between Budget Estimates and Revised Estimates is a key indicator of fiscal discipline and realistic projection capability.
Capital expenditure trends show the government's commitment to infrastructure development, while revenue expenditure patterns indicate recurring obligations like salaries, pensions, and interest payments. A rising capital-to-revenue expenditure ratio generally signals productive spending.
Explore the full 2003-04 budget analysis or view all available comparisons.
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