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Himachal Pradesh Budget — 2020-21 vs 2019-20

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

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Budget Growth — 2020-21 vs 2019-20

Total Expenditure

2020-21

Rs 43,000 crore

2019-20

Rs 41,000 crore

2020-21 is +4.9% higher
Total Receipts

2020-21

Rs 30,500 crore

2019-20

Rs 31,200 crore

2020-21 is -2.2% lower
Capital Expenditure

2020-21

Rs 6,200 crore

2019-20

Rs 5,500 crore

2020-21 is +12.7% higher
Tax Revenue

2020-21

Rs 9,800 crore

2019-20

Rs 10,500 crore

2020-21 is -6.7% lower
Fiscal Deficit (% GDP)

2020-21

7.4%

2019-20

5.8%

2020-21 is +27.6% higher
Interest Payments

2020-21

Rs 5,700 crore

2019-20

Rs 5,200 crore

2020-21 is +9.6% higher

Receipts & Expenditure — Year-over-Year Change

Particulars2020-212019-20Difference
Total ReceiptsRs 30,500 croreRs 31,200 crore-2.2%
Tax Revenue (Net)Rs 9,800 croreRs 10,500 crore-6.7%
Non-Tax RevenueRs 6,500 croreRs 6,800 crore-4.4%
Total ExpenditureRs 43,000 croreRs 41,000 crore+4.9%
Revenue ExpenditureRs 36,800 croreRs 35,500 crore+3.7%
Capital ExpenditureRs 6,200 croreRs 5,500 crore+12.7%
Interest PaymentsRs 5,700 croreRs 5,200 crore+9.6%
Fiscal DeficitRs 11,500 croreRs 8,800 crore+30.7%
Fiscal Deficit (% of GDP)7.4%5.8%—
Debt-to-GDP Ratio45.2%39.5%—

How Has Himachal Pradesh's Budget Changed from 2019-20 to 2020-21?

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 2020-21 budget analysis or view all available comparisons.

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