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Jharkhand Budget โ€” 2023-24 vs 2022-23

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

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Budget Growth โ€” 2023-24 vs 2022-23

Total Expenditure

2023-24

Rs 1.12 lakh crore

2022-23

Rs 89,400 crore

2023-24 is +25.6% higher
Total Receipts

2023-24

Rs 95,229 crore

2022-23

Rs 70,500 crore

2023-24 is +35.1% higher
Capital Expenditure

2023-24

Rs 21,674 crore

2022-23

Rs 16,200 crore

2023-24 is +33.8% higher
Tax Revenue

2023-24

Rs 28,710 crore

2022-23

Rs 22,800 crore

2023-24 is +25.9% higher
Fiscal Deficit (% GDP)

2023-24

2.7%

2022-23

3.4%

2023-24 is -20.6% lower
Interest Payments

2023-24

Rs 7,499 crore

2022-23

Rs 9,300 crore

2023-24 is -19.4% lower

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

Particulars2023-242022-23Difference
Total ReceiptsRs 95,229 croreRs 70,500 crore+35.1%
Tax Revenue (Net)Rs 28,710 croreRs 22,800 crore+25.9%
Non-Tax RevenueRs 16,116 croreRs 11,200 crore+43.9%
Total ExpenditureRs 1.12 lakh croreRs 89,400 crore+25.6%
Revenue ExpenditureRs 88,093 croreRs 73,200 crore+20.3%
Capital ExpenditureRs 21,674 croreRs 16,200 crore+33.8%
Interest PaymentsRs 7,499 croreRs 9,300 crore-19.4%
Fiscal DeficitRs 11,691 croreRs 13,500 crore-13.4%
Fiscal Deficit (% of GDP)2.7%3.4%โ€”
Debt-to-GDP Ratio27.6%27.0%โ€”

Department Allocation Changes โ€” 2023-24 vs 2022-23

Which departments gained or lost budget share between 2022-23 and 2023-24

Department2023-242022-23Difference
1. Education
Rs 14,000 crore
Rs 0
โ€”
2. Rural Development
Rs 11,800 crore
Rs 0
โ€”
3. Health & Family Welfare
Rs 8,200 crore
Rs 0
โ€”
4. Energy
Rs 7,300 crore
Rs 0
โ€”
5. Agriculture & Allied
Rs 6,000 crore
Rs 0
โ€”
6. Transport & Roads
Rs 5,600 crore
Rs 0
โ€”
7. Social Welfare
Rs 5,000 crore
Rs 0
โ€”
8. Water Supply & Sanitation
Rs 4,800 crore
Rs 0
โ€”
9. Police & Home
Rs 4,800 crore
Rs 0
โ€”
10. Urban Development
Rs 4,000 crore
Rs 0
โ€”

How Has Jharkhand's Budget Changed from 2022-23 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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