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Meghalaya Budget โ€” 2023-24 vs 2022-23

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

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Budget Growth โ€” 2023-24 vs 2022-23

Total Expenditure

2023-24

Rs 25,052 crore

2022-23

Rs 16,300 crore

2023-24 is +53.7% higher
Total Receipts

2023-24

Rs 22,188 crore

2022-23

Rs 14,000 crore

2023-24 is +58.5% higher
Capital Expenditure

2023-24

Rs 5,720 crore

2022-23

Rs 2,500 crore

2023-24 is +128.8% higher
Tax Revenue

2023-24

Rs 3,262 crore

2022-23

Rs 3,100 crore

2023-24 is +5.2% higher
Fiscal Deficit (% GDP)

2023-24

3.9%

2022-23

5.1%

2023-24 is -23.5% lower
Interest Payments

2023-24

Rs 1,199 crore

2022-23

Rs 1,300 crore

2023-24 is -7.8% lower

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

Particulars2023-242022-23Difference
Total ReceiptsRs 22,188 croreRs 14,000 crore+58.5%
Tax Revenue (Net)Rs 3,262 croreRs 3,100 crore+5.2%
Non-Tax RevenueRs 758 croreRs 3,800 crore-80.1%
Total ExpenditureRs 25,052 croreRs 16,300 crore+53.7%
Revenue ExpenditureRs 18,294 croreRs 13,800 crore+32.6%
Capital ExpenditureRs 5,720 croreRs 2,500 crore+128.8%
Interest PaymentsRs 1,199 croreRs 1,300 crore-7.8%
Fiscal DeficitRs 1,849 croreRs 2,300 crore-19.6%
Fiscal Deficit (% of GDP)3.9%5.1%โ€”
Debt-to-GDP Ratio29.3%33.3%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 3,500 crore
Rs 0
โ€”
2. Rural Development
Rs 2,280 crore
Rs 0
โ€”
3. Public Works & Roads
Rs 2,100 crore
Rs 0
โ€”
4. Health & Family Welfare
Rs 1,730 crore
Rs 0
โ€”
5. Police & Home
Rs 1,300 crore
Rs 0
โ€”
6. Agriculture & Allied
Rs 1,180 crore
Rs 0
โ€”
7. Water Supply & Sanitation
Rs 940 crore
Rs 0
โ€”
8. Social Welfare
Rs 940 crore
Rs 0
โ€”
9. Energy
Rs 920 crore
Rs 0
โ€”
10. Urban Development
Rs 660 crore
Rs 0
โ€”

How Has Meghalaya'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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