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Himachal Pradesh Budget โ€” 2023-24 vs 2021-22

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

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Budget Growth โ€” 2023-24 vs 2021-22

Total Expenditure

2023-24

Rs 52,707 crore

2021-22

Rs 48,500 crore

2023-24 is +8.7% higher
Total Receipts

2023-24

Rs 40,446 crore

2021-22

Rs 36,000 crore

2023-24 is +12.3% higher
Capital Expenditure

2023-24

Rs 6,781 crore

2021-22

Rs 7,500 crore

2023-24 is -9.6% lower
Tax Revenue

2023-24

Rs 12,769 crore

2021-22

Rs 12,200 crore

2023-24 is +4.7% higher
Fiscal Deficit (% GDP)

2023-24

5.9%

2021-22

5.9%

2023-24 is 0.0% lower
Interest Payments

2023-24

Rs 5,658 crore

2021-22

Rs 6,300 crore

2023-24 is -10.2% lower

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

Particulars2023-242021-22Difference
Total ReceiptsRs 40,446 croreRs 36,000 crore+12.3%
Tax Revenue (Net)Rs 12,769 croreRs 12,200 crore+4.7%
Non-Tax RevenueRs 3,325 croreRs 7,800 crore-57.4%
Total ExpenditureRs 52,707 croreRs 48,500 crore+8.7%
Revenue ExpenditureRs 45,926 croreRs 41,000 crore+12.0%
Capital ExpenditureRs 6,781 croreRs 7,500 crore-9.6%
Interest PaymentsRs 5,658 croreRs 6,300 crore-10.2%
Fiscal DeficitRs 12,295 croreRs 10,500 crore+17.1%
Fiscal Deficit (% of GDP)5.9%5.9%โ€”
Debt-to-GDP Ratio39.5%44.4%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 7,400 crore
Rs 0
โ€”
2. Health & Family Welfare
Rs 3,650 crore
Rs 0
โ€”
3. Energy
Rs 3,400 crore
Rs 0
โ€”
4. Rural Development
Rs 3,350 crore
Rs 0
โ€”
5. Transport & Roads
Rs 3,000 crore
Rs 0
โ€”
6. Police & Home
Rs 2,520 crore
Rs 0
โ€”
7. Social Welfare
Rs 2,150 crore
Rs 0
โ€”
8. Agriculture & Allied
Rs 2,100 crore
Rs 0
โ€”
9. Water Supply & Sanitation
Rs 1,550 crore
Rs 0
โ€”
10. Urban Development
Rs 1,400 crore
Rs 0
โ€”

How Has Himachal Pradesh'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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