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Haryana vs Punjab โ€” Budget Comparison 2024-25

Side-by-side comparison of government budget data for FY 2024-25

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Key Budget Metrics โ€” Haryana vs Punjab

Total Expenditure

Haryana

Rs 1.56 lakh crore

Punjab

Rs 1.35 lakh crore

Haryana is +15.4% higher
Total Receipts

Haryana

Rs 1.17 lakh crore

Punjab

Rs 1.04 lakh crore

Haryana is +12.2% higher
Capital Expenditure

Haryana

Rs 16,281 crore

Punjab

Rs 7,445 crore

Haryana is +118.7% higher
Tax Revenue

Haryana

Rs 84,551 crore

Punjab

Rs 58,900 crore

Haryana is +43.6% higher
Fiscal Deficit (% GDP)

Haryana

2.8%

Punjab

3.8%

Haryana is -26.3% lower
Interest Payments

Haryana

Rs 25,142 crore

Punjab

Rs 23,900 crore

Haryana is +5.2% higher

Receipts & Expenditure Comparison โ€” 2024-25

ParticularsHaryanaPunjabDifference
Total ReceiptsRs 1.17 lakh croreRs 1.04 lakh crore+12.2%
Tax Revenue (Net)Rs 84,551 croreRs 58,900 crore+43.6%
Non-Tax RevenueRs 9,243 croreRs 11,246 crore-17.8%
Total ExpenditureRs 1.56 lakh croreRs 1.35 lakh crore+15.4%
Revenue ExpenditureRs 1.34 lakh croreRs 1.27 lakh crore+5.8%
Capital ExpenditureRs 16,281 croreRs 7,445 crore+118.7%
Interest PaymentsRs 25,142 croreRs 23,900 crore+5.2%
Fiscal DeficitRs 33,635 croreRs 30,465 crore+10.4%
Fiscal Deficit (% of GDP)2.8%3.8%โ€”
Debt-to-GDP Ratio26.3%48.6%โ€”

Haryana โ€” Revenue Composition

Punjab โ€” Revenue Composition

Department-wise Allocation โ€” Haryana vs Punjab

DepartmentHaryanaPunjabDifference
1. Education
Rs 21,200 crore
Rs 17,400 crore
+21.8%
2. Agriculture & Allied
Rs 10,500 crore
Rs 13,700 crore
-23.4%
3. Urban Development
Rs 13,000 crore
Rs 4,300 crore
+202.3%
4. Energy
Rs 8,000 crore
Rs 11,600 crore
-31.0%
5. Health & Family Welfare
Rs 10,700 crore
Rs 8,700 crore
+23.0%
6. Police & Home
Rs 9,400 crore
Rs 8,000 crore
+17.5%
7. Rural Development
Rs 9,200 crore
Rs 8,200 crore
+12.2%
8. Transport & Roads
Rs 7,500 crore
Rs 4,500 crore
+66.7%
9. Social Welfare
Rs 7,100 crore
Rs 6,550 crore
+8.4%
10. Water Supply & Sanitation
Rs 5,100 crore
Rs 4,500 crore
+13.3%

Haryana vs Punjab Budget Analysis 2024-25

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 2024-25 analysis. You can also explore other budget comparisons across states and years.

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