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Himachal Pradesh Budget โ€” 2023-24 vs 2024-25

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

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Budget Growth โ€” 2023-24 vs 2024-25

Total Expenditure

2023-24

Rs 52,707 crore

2024-25

Rs 52,937 crore

2023-24 is -0.4% lower
Total Receipts

2023-24

Rs 40,446 crore

2024-25

Rs 42,153 crore

2023-24 is -4.0% lower
Capital Expenditure

2023-24

Rs 6,781 crore

2024-25

Rs 6,270 crore

2023-24 is +8.1% higher
Tax Revenue

2023-24

Rs 12,769 crore

2024-25

Rs 15,101 crore

2023-24 is -15.4% lower
Fiscal Deficit (% GDP)

2023-24

5.9%

2024-25

4.7%

2023-24 is +25.5% higher
Interest Payments

2023-24

Rs 5,658 crore

2024-25

Rs 6,255 crore

2023-24 is -9.5% lower

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

Particulars2023-242024-25Difference
Total ReceiptsRs 40,446 croreRs 42,153 crore-4.0%
Tax Revenue (Net)Rs 12,769 croreRs 15,101 crore-15.4%
Non-Tax RevenueRs 3,325 croreRs 3,641 crore-8.7%
Total ExpenditureRs 52,707 croreRs 52,937 crore-0.4%
Revenue ExpenditureRs 45,926 croreRs 46,667 crore-1.6%
Capital ExpenditureRs 6,781 croreRs 6,270 crore+8.1%
Interest PaymentsRs 5,658 croreRs 6,255 crore-9.5%
Fiscal DeficitRs 12,295 croreRs 10,784 crore+14.0%
Fiscal Deficit (% of GDP)5.9%4.7%โ€”
Debt-to-GDP Ratio39.5%38.7%โ€”

Department Allocation Changes โ€” 2023-24 vs 2024-25

Which departments gained or lost budget share between 2024-25 and 2023-24

Department2023-242024-25Difference
1. Education
Rs 7,400 crore
Rs 7,950 crore
-6.9%
2. Health & Family Welfare
Rs 3,650 crore
Rs 4,000 crore
-8.8%
3. Energy
Rs 3,400 crore
Rs 3,650 crore
-6.8%
4. Rural Development
Rs 3,350 crore
Rs 3,600 crore
-6.9%
5. Transport & Roads
Rs 3,000 crore
Rs 3,300 crore
-9.1%
6. Police & Home
Rs 2,520 crore
Rs 2,750 crore
-8.4%
7. Social Welfare
Rs 2,150 crore
Rs 2,380 crore
-9.7%
8. Agriculture & Allied
Rs 2,100 crore
Rs 2,350 crore
-10.6%
9. Water Supply & Sanitation
Rs 1,550 crore
Rs 1,700 crore
-8.8%
10. Urban Development
Rs 1,400 crore
Rs 1,550 crore
-9.7%

How Has Himachal Pradesh's Budget Changed from 2024-25 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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