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Jammu & Kashmir Budget โ€” 2020-21 vs 2023-24

Year-over-year budget comparison showing how Jammu & Kashmir's fiscal priorities have changed

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Budget Growth โ€” 2020-21 vs 2023-24

Total Expenditure

2020-21

Rs 61,800 crore

2023-24

Rs 84,700 crore

2020-21 is -27.0% lower
Total Receipts

2020-21

Rs 50,200 crore

2023-24

Rs 68,200 crore

2020-21 is -26.4% lower
Capital Expenditure

2020-21

Rs 9,800 crore

2023-24

Rs 13,500 crore

2020-21 is -27.4% lower
Tax Revenue

2020-21

Rs 8,800 crore

2023-24

Rs 12,500 crore

2020-21 is -29.6% lower
Fiscal Deficit (% GDP)

2020-21

4.2%

2023-24

4.2%

2020-21 is 0.0% lower
Interest Payments

2020-21

Rs 7,400 crore

2023-24

Rs 9,900 crore

2020-21 is -25.3% lower

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

Particulars2020-212023-24Difference
Total ReceiptsRs 50,200 croreRs 68,200 crore-26.4%
Tax Revenue (Net)Rs 8,800 croreRs 12,500 crore-29.6%
Non-Tax RevenueRs 3,800 croreRs 5,700 crore-33.3%
Total ExpenditureRs 61,800 croreRs 84,700 crore-27.0%
Revenue ExpenditureRs 52,000 croreRs 64,500 crore-19.4%
Capital ExpenditureRs 9,800 croreRs 13,500 crore-27.4%
Interest PaymentsRs 7,400 croreRs 9,900 crore-25.3%
Fiscal DeficitRs 6,800 croreRs 10,100 crore-32.7%
Fiscal Deficit (% of GDP)4.2%4.2%โ€”
Debt-to-GDP Ratio50.6%51.0%โ€”

Department Allocation Changes โ€” 2020-21 vs 2023-24

Which departments gained or lost budget share between 2023-24 and 2020-21

Department2020-212023-24Difference
1. Education
Rs 0
Rs 11,050 crore
-100.0%
2. Police & Home Affairs
Rs 0
Rs 7,900 crore
-100.0%
3. Rural Development & Panchayati Raj
Rs 0
Rs 6,300 crore
-100.0%
4. Public Works & Roads
Rs 0
Rs 6,300 crore
-100.0%
5. Energy & Power
Rs 0
Rs 5,500 crore
-100.0%
6. Health & Family Welfare
Rs 0
Rs 5,000 crore
-100.0%
7. Agriculture & Allied
Rs 0
Rs 3,450 crore
-100.0%
8. Water Supply & Jal Jeevan
Rs 0
Rs 3,150 crore
-100.0%
9. Social Welfare
Rs 0
Rs 3,150 crore
-100.0%
10. Urban Development & Housing
Rs 0
Rs 3,100 crore
-100.0%

How Has Jammu & Kashmir's Budget Changed from 2023-24 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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