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Gujarat Budget โ€” 2023-24 vs 2021-22

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

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Budget Growth โ€” 2023-24 vs 2021-22

Total Expenditure

2023-24

Rs 2.48 lakh crore

2021-22

Rs 2.3 lakh crore

2023-24 is +7.7% higher
Total Receipts

2023-24

Rs 2.24 lakh crore

2021-22

Rs 1.78 lakh crore

2023-24 is +25.9% higher
Capital Expenditure

2023-24

Rs 56,971 crore

2021-22

Rs 42,000 crore

2023-24 is +35.6% higher
Tax Revenue

2023-24

Rs 1.04 lakh crore

2021-22

Rs 1.15 lakh crore

2023-24 is -9.6% lower
Fiscal Deficit (% GDP)

2023-24

1.0%

2021-22

2.2%

2023-24 is -54.5% lower
Interest Payments

2023-24

Rs 25,000 crore

2021-22

Rs 26,000 crore

2023-24 is -3.8% lower

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

Particulars2023-242021-22Difference
Total ReceiptsRs 2.24 lakh croreRs 1.78 lakh crore+25.9%
Tax Revenue (Net)Rs 1.04 lakh croreRs 1.15 lakh crore-9.6%
Non-Tax RevenueRs 12,000 croreRs 63,000 crore-81.0%
Total ExpenditureRs 2.48 lakh croreRs 2.3 lakh crore+7.7%
Revenue ExpenditureRs 1.91 lakh croreRs 1.88 lakh crore+1.4%
Capital ExpenditureRs 56,971 croreRs 42,000 crore+35.6%
Interest PaymentsRs 25,000 croreRs 26,000 crore-3.8%
Fiscal DeficitRs 23,493 croreRs 38,000 crore-38.2%
Fiscal Deficit (% of GDP)1.0%2.2%โ€”
Debt-to-GDP Ratio15.7%19.5%โ€”

Department Allocation Changes โ€” 2023-24 vs 2021-22

Which departments gained or lost budget share between 2021-22 and 2023-24

Department2023-242021-22Difference
1. Education
Rs 32,500 crore
Rs 0
โ€”
2. Transport & Roads
Rs 19,000 crore
Rs 0
โ€”
3. Health & Family Welfare
Rs 17,000 crore
Rs 0
โ€”
4. Rural Development
Rs 15,500 crore
Rs 0
โ€”
5. Water Supply & Sanitation
Rs 15,000 crore
Rs 0
โ€”
6. Energy
Rs 13,500 crore
Rs 0
โ€”
7. Agriculture & Allied
Rs 12,500 crore
Rs 0
โ€”
8. Urban Development
Rs 11,000 crore
Rs 0
โ€”
9. Police & Home
Rs 10,700 crore
Rs 0
โ€”
10. Water Resources & Irrigation
Rs 10,000 crore
Rs 0
โ€”

How Has Gujarat's Budget Changed from 2021-22 to 2023-24?

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 2023-24 budget analysis or view all available comparisons.

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