Punjab Budget โ 2023-24 vs 2021-22
Year-over-year budget comparison showing how Punjab's fiscal priorities have changed
Budget Growth โ 2023-24 vs 2021-22
2023-24
Rs 1.29 lakh crore
2021-22
Rs 1.19 lakh crore
2023-24
Rs 98,940 crore
2021-22
Rs 82,500 crore
2023-24
Rs 6,406 crore
2021-22
Rs 14,500 crore
2023-24
Rs 51,400 crore
2021-22
Rs 40,200 crore
2023-24
4.1%
2021-22
5.2%
2023-24
Rs 22,500 crore
2021-22
Rs 20,800 crore
Receipts & Expenditure โ Year-over-Year Change
| Particulars | 2023-24 | 2021-22 | Difference |
|---|---|---|---|
| Total Receipts | Rs 98,940 crore | Rs 82,500 crore | +19.9% |
| Tax Revenue (Net) | Rs 51,400 crore | Rs 40,200 crore | +27.9% |
| Non-Tax Revenue | Rs 10,051 crore | Rs 10,800 crore | -6.9% |
| Total Expenditure | Rs 1.29 lakh crore | Rs 1.19 lakh crore | +9.2% |
| Revenue Expenditure | Rs 1.23 lakh crore | Rs 1.04 lakh crore | +18.0% |
| Capital Expenditure | Rs 6,406 crore | Rs 14,500 crore | -55.8% |
| Interest Payments | Rs 22,500 crore | Rs 20,800 crore | +8.2% |
| Fiscal Deficit | Rs 30,311 crore | Rs 30,000 crore | +1.0% |
| Fiscal Deficit (% of GDP) | 4.1% | 5.2% | โ |
| Debt-to-GDP Ratio | 49.6% | 46.4% | โ |
Department Allocation Changes โ 2023-24 vs 2021-22
Which departments gained or lost budget share between 2021-22 and 2023-24
| Department | 2023-24 | 2021-22 | Difference |
|---|---|---|---|
1. Education | Rs 15,800 crore | Rs 0 | โ |
2. Agriculture & Allied | Rs 12,500 crore | Rs 0 | โ |
3. Energy | Rs 10,500 crore | Rs 0 | โ |
4. Health & Family Welfare | Rs 7,800 crore | Rs 0 | โ |
5. Rural Development | Rs 7,500 crore | Rs 0 | โ |
6. Police & Home | Rs 7,400 crore | Rs 0 | โ |
7. Social Welfare | Rs 6,000 crore | Rs 0 | โ |
8. Transport & Roads | Rs 3,900 crore | Rs 0 | โ |
9. Urban Development | Rs 3,900 crore | Rs 0 | โ |
10. Water Supply & Sanitation | Rs 3,800 crore | Rs 0 | โ |
How Has Punjab'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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