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Gujarat Budget โ€” 2004-05 vs 2003-04

Year-over-year budget comparison showing how Gujarat's fiscal priorities have changed

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Budget Growth โ€” 2004-05 vs 2003-04

Total Expenditure

2004-05

Rs 30,000 crore

2003-04

Rs 27,000 crore

2004-05 is +11.1% higher
Total Receipts

2004-05

Rs 21,500 crore

2003-04

Rs 18,500 crore

2004-05 is +16.2% higher
Capital Expenditure

2004-05

Rs 6,000 crore

2003-04

Rs 5,200 crore

2004-05 is +15.4% higher
Tax Revenue

2004-05

Rs 12,900 crore

2003-04

Rs 11,100 crore

2004-05 is +16.2% higher
Fiscal Deficit (% GDP)

2004-05

3.0%

2003-04

3.5%

2004-05 is -14.3% lower
Interest Payments

2004-05

Rs 5,100 crore

2003-04

Rs 4,510 crore

2004-05 is +13.1% higher

Receipts & Expenditure โ€” Year-over-Year Change

Particulars2004-052003-04Difference
Total ReceiptsRs 21,500 croreRs 18,500 crore+16.2%
Tax Revenue (Net)Rs 12,900 croreRs 11,100 crore+16.2%
Non-Tax RevenueRs 3,440 croreRs 2,960 crore+16.2%
Total ExpenditureRs 30,000 croreRs 27,000 crore+11.1%
Revenue ExpenditureRs 24,000 croreRs 21,800 crore+10.1%
Capital ExpenditureRs 6,000 croreRs 5,200 crore+15.4%
Interest PaymentsRs 5,100 croreRs 4,510 crore+13.1%
Fiscal DeficitRs 6,300 croreRs 6,510 crore-3.2%
Fiscal Deficit (% of GDP)3.0%3.5%โ€”
Debt-to-GDP Ratio27.1%28.8%โ€”

How Has Gujarat's Budget Changed from 2003-04 to 2004-05?

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 2004-05 budget analysis or view all available comparisons.

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