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Karnataka Budget โ€” 2023-24 vs 2024-25

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

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Budget Growth โ€” 2023-24 vs 2024-25

Total Expenditure

2023-24

Rs 3.1 lakh crore

2024-25

Rs 3.46 lakh crore

2023-24 is -10.4% lower
Total Receipts

2023-24

Rs 2.4 lakh crore

2024-25

Rs 2.65 lakh crore

2023-24 is -9.4% lower
Capital Expenditure

2023-24

Rs 50,000 crore

2024-25

Rs 55,000 crore

2023-24 is -9.1% lower
Tax Revenue

2023-24

Rs 1.26 lakh crore

2024-25

Rs 1.4 lakh crore

2023-24 is -10.0% lower
Fiscal Deficit (% GDP)

2023-24

2.6%

2024-25

2.9%

2023-24 is -10.3% lower
Interest Payments

2023-24

Rs 32,000 crore

2024-25

Rs 34,940 crore

2023-24 is -8.4% lower

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

Particulars2023-242024-25Difference
Total ReceiptsRs 2.4 lakh croreRs 2.65 lakh crore-9.4%
Tax Revenue (Net)Rs 1.26 lakh croreRs 1.4 lakh crore-10.0%
Non-Tax RevenueRs 14,500 croreRs 16,000 crore-9.4%
Total ExpenditureRs 3.1 lakh croreRs 3.46 lakh crore-10.4%
Revenue ExpenditureRs 2.6 lakh croreRs 2.91 lakh crore-10.7%
Capital ExpenditureRs 50,000 croreRs 55,000 crore-9.1%
Interest PaymentsRs 32,000 croreRs 34,940 crore-8.4%
Fiscal DeficitRs 70,000 croreRs 82,940 crore-15.6%
Fiscal Deficit (% of GDP)2.6%2.9%โ€”
Debt-to-GDP Ratio19.3%19.7%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 38,000 crore
Rs 42,500 crore
-10.6%
2. Rural Development & Panchayat Raj
Rs 28,000 crore
Rs 32,000 crore
-12.5%
3. Health & Family Welfare
Rs 21,500 crore
Rs 24,000 crore
-10.4%
4. Water Resources
Rs 17,000 crore
Rs 19,000 crore
-10.5%
5. Agriculture & Allied
Rs 16,000 crore
Rs 18,500 crore
-13.5%
6. Transport & Infrastructure
Rs 16,000 crore
Rs 18,000 crore
-11.1%
7. Urban Development
Rs 14,000 crore
Rs 17,000 crore
-17.6%
8. Energy
Rs 15,000 crore
Rs 16,500 crore
-9.1%
9. Social Welfare
Rs 13,200 crore
Rs 15,500 crore
-14.8%
10. Police & Home
Rs 12,200 crore
Rs 13,500 crore
-9.6%

How Has Karnataka'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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