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Madhya Pradesh Budget โ€” 2023-24 vs 2022-23

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

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Budget Growth โ€” 2023-24 vs 2022-23

Total Expenditure

2023-24

Rs 3 lakh crore

2022-23

Rs 2.69 lakh crore

2023-24 is +11.5% higher
Total Receipts

2023-24

Rs 2.32 lakh crore

2022-23

Rs 2.04 lakh crore

2023-24 is +13.6% higher
Capital Expenditure

2023-24

Rs 67,178 crore

2022-23

Rs 68,805 crore

2023-24 is -2.4% lower
Tax Revenue

2023-24

Rs 87,545 crore

2022-23

Rs 1.47 lakh crore

2023-24 is -40.5% lower
Fiscal Deficit (% GDP)

2023-24

3.6%

2022-23

3.1%

2023-24 is +15.8% higher
Interest Payments

2023-24

Rs 25,000 crore

2022-23

Rs 19,453 crore

2023-24 is +28.5% higher

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

Particulars2023-242022-23Difference
Total ReceiptsRs 2.32 lakh croreRs 2.04 lakh crore+13.6%
Tax Revenue (Net)Rs 87,545 croreRs 1.47 lakh crore-40.5%
Non-Tax RevenueRs 17,301 croreRs 19,878 crore-13.0%
Total ExpenditureRs 3 lakh croreRs 2.69 lakh crore+11.5%
Revenue ExpenditureRs 2.31 lakh croreRs 2 lakh crore+15.6%
Capital ExpenditureRs 67,178 croreRs 68,805 crore-2.4%
Interest PaymentsRs 25,000 croreRs 19,453 crore+28.5%
Fiscal DeficitRs 54,449 croreRs 41,203 crore+32.1%
Fiscal Deficit (% of GDP)3.6%3.11%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 43,000 crore
Rs 0
โ€”
2. Social Welfare & Nutrition
Rs 30,500 crore
Rs 0
โ€”
3. Energy
Rs 22,000 crore
Rs 0
โ€”
4. Agriculture & Allied
Rs 20,000 crore
Rs 0
โ€”
5. Health & Family Welfare
Rs 19,500 crore
Rs 0
โ€”
6. Rural Development
Rs 13,500 crore
Rs 0
โ€”
7. Water Resources & Irrigation
Rs 13,000 crore
Rs 0
โ€”
8. Police & Home
Rs 9,400 crore
Rs 0
โ€”
9. Water Supply & Sanitation
Rs 9,200 crore
Rs 0
โ€”
10. Transport & Roads
Rs 8,800 crore
Rs 0
โ€”

How Has Madhya Pradesh'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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