Kerala Budget โ 2020-21 vs 2022-23
Year-over-year budget comparison showing how Kerala's fiscal priorities have changed
Budget Growth โ 2020-21 vs 2022-23
2020-21
Rs 1.37 lakh crore
2022-23
Rs 1.7 lakh crore
2020-21
Rs 89,500 crore
2022-23
Rs 1.19 lakh crore
2020-21
Rs 11,200 crore
2022-23
Rs 17,200 crore
2020-21
Rs 49,800 crore
2022-23
Rs 69,200 crore
2020-21
4.5%
2022-23
3.6%
2020-21
Rs 21,000 crore
2022-23
Rs 26,600 crore
Receipts & Expenditure โ Year-over-Year Change
| Particulars | 2020-21 | 2022-23 | Difference |
|---|---|---|---|
| Total Receipts | Rs 89,500 crore | Rs 1.19 lakh crore | -24.5% |
| Tax Revenue (Net) | Rs 49,800 crore | Rs 69,200 crore | -28.0% |
| Non-Tax Revenue | Rs 6,200 crore | Rs 7,800 crore | -20.5% |
| Total Expenditure | Rs 1.37 lakh crore | Rs 1.7 lakh crore | -19.4% |
| Revenue Expenditure | Rs 1.26 lakh crore | Rs 1.53 lakh crore | -17.7% |
| Capital Expenditure | Rs 11,200 crore | Rs 17,200 crore | -34.9% |
| Interest Payments | Rs 21,000 crore | Rs 26,600 crore | -21.1% |
| Fiscal Deficit | Rs 31,500 crore | Rs 35,200 crore | -10.5% |
| Fiscal Deficit (% of GDP) | 4.5% | 3.6% | โ |
| Debt-to-GDP Ratio | 41.4% | 37.2% | โ |
How Has Kerala's Budget Changed from 2022-23 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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