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Kerala vs Gujarat โ€” Budget Comparison 2023-24

Side-by-side comparison of government budget data for FY 2023-24

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Key Budget Metrics โ€” Kerala vs Gujarat

Total Expenditure

Kerala

Rs 1.66 lakh crore

Gujarat

Rs 2.48 lakh crore

Kerala is -33.0% lower
Total Receipts

Kerala

Rs 1.27 lakh crore

Gujarat

Rs 2.24 lakh crore

Kerala is -43.4% lower
Capital Expenditure

Kerala

Rs 14,398 crore

Gujarat

Rs 56,971 crore

Kerala is -74.7% lower
Tax Revenue

Kerala

Rs 77,038 crore

Gujarat

Rs 1.04 lakh crore

Kerala is -25.9% lower
Fiscal Deficit (% GDP)

Kerala

3.5%

Gujarat

1.0%

Kerala is +250.0% higher
Interest Payments

Kerala

Rs 26,843 crore

Gujarat

Rs 25,000 crore

Kerala is +7.4% higher

Receipts & Expenditure Comparison โ€” 2023-24

ParticularsKeralaGujaratDifference
Total ReceiptsRs 1.27 lakh croreRs 2.24 lakh crore-43.4%
Tax Revenue (Net)Rs 77,038 croreRs 1.04 lakh crore-25.9%
Non-Tax RevenueRs 16,853 croreRs 12,000 crore+40.4%
Total ExpenditureRs 1.66 lakh croreRs 2.48 lakh crore-33.0%
Revenue ExpenditureRs 1.51 lakh croreRs 1.91 lakh crore-20.6%
Capital ExpenditureRs 14,398 croreRs 56,971 crore-74.7%
Interest PaymentsRs 26,843 croreRs 25,000 crore+7.4%
Fiscal DeficitRs 40,461 croreRs 23,493 crore+72.2%
Fiscal Deficit (% of GDP)3.5%1.0%โ€”
Debt-to-GDP Ratio31.4%15.7%โ€”

Kerala โ€” Revenue Composition

Gujarat โ€” Revenue Composition

Department-wise Allocation โ€” Kerala vs Gujarat

DepartmentKeralaGujaratDifference
1. Education
Rs 24,400 crore
Rs 32,500 crore
-24.9%
2. Transport & Roads
Rs 6,500 crore
Rs 19,000 crore
-65.8%
3. Health & Family Welfare
Rs 14,800 crore
Rs 17,000 crore
-12.9%
4. Rural Development
Rs 9,800 crore
Rs 15,500 crore
-36.8%
5. Water Supply & Sanitation
Rs 5,600 crore
Rs 15,000 crore
-62.7%
6. Energy
Rs 5,500 crore
Rs 13,500 crore
-59.3%
7. Agriculture & Allied
Rs 7,500 crore
Rs 12,500 crore
-40.0%
8. Social Welfare
Rs 12,000 crore
Rs 0
โ€”
9. Urban Development
Rs 5,900 crore
Rs 11,000 crore
-46.4%
10. Police & Home
Rs 7,800 crore
Rs 10,700 crore
-27.1%
11. Water Resources & Irrigation
Rs 0
Rs 10,000 crore
-100.0%

Kerala vs Gujarat Budget Analysis 2023-24

Comparing the budgets of Kerala and Gujarat reveals how different states prioritize spending across sectors like education, health, infrastructure, and social welfare. State budgets are the primary instruments through which state governments allocate resources and implement welfare schemes.

Key differences in state budget structures emerge from revenue capacity (own tax revenue vs central transfers), expenditure priorities (capital investment vs revenue spending), and fiscal management (deficit levels and debt sustainability). Finance Commission recommendations determine how central tax revenue is shared with states.

For a broader view of how the central government allocates resources, see the India Union Budget 2023-24 analysis. You can also explore other budget comparisons across states and years.

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