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Odisha Budget โ€” 2023-24 vs 2021-22

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

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Budget Growth โ€” 2023-24 vs 2021-22

Total Expenditure

2023-24

Rs 2.12 lakh crore

2021-22

Rs 1.26 lakh crore

2023-24 is +68.3% higher
Total Receipts

2023-24

Rs 1.85 lakh crore

2021-22

Rs 97,200 crore

2023-24 is +90.8% higher
Capital Expenditure

2023-24

Rs 46,152 crore

2021-22

Rs 24,200 crore

2023-24 is +90.7% higher
Tax Revenue

2023-24

Rs 54,000 crore

2021-22

Rs 32,800 crore

2023-24 is +64.6% higher
Fiscal Deficit (% GDP)

2023-24

3.0%

2021-22

2.7%

2023-24 is +11.1% higher
Interest Payments

2023-24

Rs 6,724 crore

2021-22

Rs 11,000 crore

2023-24 is -38.9% lower

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

Particulars2023-242021-22Difference
Total ReceiptsRs 1.85 lakh croreRs 97,200 crore+90.8%
Tax Revenue (Net)Rs 54,000 croreRs 32,800 crore+64.6%
Non-Tax RevenueRs 52,500 croreRs 18,500 crore+183.8%
Total ExpenditureRs 2.12 lakh croreRs 1.26 lakh crore+68.3%
Revenue ExpenditureRs 1.63 lakh croreRs 1.01 lakh crore+60.7%
Capital ExpenditureRs 46,152 croreRs 24,200 crore+90.7%
Interest PaymentsRs 6,724 croreRs 11,000 crore-38.9%
Fiscal DeficitRs 24,982 croreRs 16,200 crore+54.2%
Fiscal Deficit (% of GDP)3.0%2.7%โ€”
Debt-to-GDP Ratio19.8%20.8%โ€”

Department Allocation Changes โ€” 2023-24 vs 2021-22

Which departments gained or lost budget share between 2021-22 and 2023-24

Department2023-242021-22Difference
1. Education
Rs 20,500 crore
Rs 0
โ€”
2. Rural Development
Rs 20,000 crore
Rs 0
โ€”
3. Social Welfare
Rs 11,900 crore
Rs 0
โ€”
4. Water Resources & Irrigation
Rs 11,800 crore
Rs 0
โ€”
5. Health & Family Welfare
Rs 11,700 crore
Rs 0
โ€”
6. Transport & Roads
Rs 11,200 crore
Rs 0
โ€”
7. Agriculture & Allied
Rs 10,500 crore
Rs 0
โ€”
8. Energy
Rs 10,000 crore
Rs 0
โ€”
9. Urban Development
Rs 8,000 crore
Rs 0
โ€”
10. Police & Home
Rs 6,200 crore
Rs 0
โ€”

How Has Odisha's Budget Changed from 2021-22 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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