Haryana vs Punjab โ Budget Comparison 2023-24
Side-by-side comparison of government budget data for FY 2023-24
Key Budget Metrics โ Haryana vs Punjab
Haryana
Rs 1.33 lakh crore
Punjab
Rs 1.29 lakh crore
Haryana
Rs 1.06 lakh crore
Punjab
Rs 98,940 crore
Haryana
Rs 14,443 crore
Punjab
Rs 6,406 crore
Haryana
Rs 73,586 crore
Punjab
Rs 51,400 crore
Haryana
2.8%
Punjab
4.1%
Haryana
Rs 22,250 crore
Punjab
Rs 22,500 crore
Receipts & Expenditure Comparison โ 2023-24
| Particulars | Haryana | Punjab | Difference |
|---|---|---|---|
| Total Receipts | Rs 1.06 lakh crore | Rs 98,940 crore | +6.9% |
| Tax Revenue (Net) | Rs 73,586 crore | Rs 51,400 crore | +43.2% |
| Non-Tax Revenue | Rs 8,583 crore | Rs 10,051 crore | -14.6% |
| Total Expenditure | Rs 1.33 lakh crore | Rs 1.29 lakh crore | +3.0% |
| Revenue Expenditure | Rs 1.19 lakh crore | Rs 1.23 lakh crore | -3.1% |
| Capital Expenditure | Rs 14,443 crore | Rs 6,406 crore | +125.5% |
| Interest Payments | Rs 22,250 crore | Rs 22,500 crore | -1.1% |
| Fiscal Deficit | Rs 30,651 crore | Rs 30,311 crore | +1.1% |
| Fiscal Deficit (% of GDP) | 2.8% | 4.1% | โ |
| Debt-to-GDP Ratio | 27.2% | 49.6% | โ |
Haryana โ Revenue Composition
Punjab โ Revenue Composition
Department-wise Allocation โ Haryana vs Punjab
| Department | Haryana | Punjab | Difference |
|---|---|---|---|
1. Education | Rs 19,000 crore | Rs 15,800 crore | +20.3% |
2. Agriculture & Allied | Rs 9,300 crore | Rs 12,500 crore | -25.6% |
3. Urban Development | Rs 11,700 crore | Rs 3,900 crore | +200.0% |
4. Energy | Rs 7,100 crore | Rs 10,500 crore | -32.4% |
5. Health & Family Welfare | Rs 9,500 crore | Rs 7,800 crore | +21.8% |
6. Police & Home | Rs 8,300 crore | Rs 7,400 crore | +12.2% |
7. Rural Development | Rs 8,200 crore | Rs 7,500 crore | +9.3% |
8. Transport & Roads | Rs 6,600 crore | Rs 3,900 crore | +69.2% |
9. Social Welfare | Rs 6,300 crore | Rs 6,000 crore | +5.0% |
10. Water Supply & Sanitation | Rs 4,500 crore | Rs 3,800 crore | +18.4% |
Haryana vs Punjab Budget Analysis 2023-24
Comparing the budgets of Haryana and Punjab reveals how different states prioritize spending across sectors like education, health, infrastructure, and social welfare. State budgets are the primary instruments through which state governments allocate resources and implement welfare schemes.
Key differences in state budget structures emerge from revenue capacity (own tax revenue vs central transfers), expenditure priorities (capital investment vs revenue spending), and fiscal management (deficit levels and debt sustainability). Finance Commission recommendations determine how central tax revenue is shared with states.
For a broader view of how the central government allocates resources, see the India Union Budget 2023-24 analysis. You can also explore other budget comparisons across states and years.
Related Budget Comparisons
Explore More Comparisons
Compare any two states, union territories, or India across 17 financial years