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Karnataka Budget โ€” 2023-24 vs 2021-22

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

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Budget Growth โ€” 2023-24 vs 2021-22

Total Expenditure

2023-24

Rs 3.1 lakh crore

2021-22

Rs 2.6 lakh crore

2023-24 is +19.2% higher
Total Receipts

2023-24

Rs 2.4 lakh crore

2021-22

Rs 2.1 lakh crore

2023-24 is +14.3% higher
Capital Expenditure

2023-24

Rs 50,000 crore

2021-22

Rs 42,000 crore

2023-24 is +19.0% higher
Tax Revenue

2023-24

Rs 1.26 lakh crore

2021-22

Rs 1.35 lakh crore

2023-24 is -6.7% lower
Fiscal Deficit (% GDP)

2023-24

2.6%

2021-22

2.5%

2023-24 is +4.0% higher
Interest Payments

2023-24

Rs 32,000 crore

2021-22

Rs 27,000 crore

2023-24 is +18.5% higher

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

Particulars2023-242021-22Difference
Total ReceiptsRs 2.4 lakh croreRs 2.1 lakh crore+14.3%
Tax Revenue (Net)Rs 1.26 lakh croreRs 1.35 lakh crore-6.7%
Non-Tax RevenueRs 14,500 croreRs 75,000 crore-80.7%
Total ExpenditureRs 3.1 lakh croreRs 2.6 lakh crore+19.2%
Revenue ExpenditureRs 2.6 lakh croreRs 2.18 lakh crore+19.3%
Capital ExpenditureRs 50,000 croreRs 42,000 crore+19.0%
Interest PaymentsRs 32,000 croreRs 27,000 crore+18.5%
Fiscal DeficitRs 70,000 croreRs 45,000 crore+55.6%
Fiscal Deficit (% of GDP)2.6%2.5%โ€”
Debt-to-GDP Ratio19.3%19.5%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 38,000 crore
Rs 0
โ€”
2. Rural Development & Panchayat Raj
Rs 28,000 crore
Rs 0
โ€”
3. Health & Family Welfare
Rs 21,500 crore
Rs 0
โ€”
4. Water Resources
Rs 17,000 crore
Rs 0
โ€”
5. Transport & Infrastructure
Rs 16,000 crore
Rs 0
โ€”
6. Agriculture & Allied
Rs 16,000 crore
Rs 0
โ€”
7. Energy
Rs 15,000 crore
Rs 0
โ€”
8. Urban Development
Rs 14,000 crore
Rs 0
โ€”
9. Social Welfare
Rs 13,200 crore
Rs 0
โ€”
10. Police & Home
Rs 12,200 crore
Rs 0
โ€”

How Has Karnataka'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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