Punjab Budget โ 2023-24 vs 2025-26
Year-over-year budget comparison showing how Punjab's fiscal priorities have changed
Budget Growth โ 2023-24 vs 2025-26
2023-24
Rs 1.29 lakh crore
2025-26
Rs 1.47 lakh crore
2023-24
Rs 98,940 crore
2025-26
Rs 1.12 lakh crore
2023-24
Rs 6,406 crore
2025-26
Rs 10,244 crore
2023-24
Rs 51,400 crore
2025-26
Rs 64,800 crore
2023-24
4.1%
2025-26
3.8%
2023-24
Rs 22,500 crore
2025-26
Rs 26,500 crore
Receipts & Expenditure โ Year-over-Year Change
| Particulars | 2023-24 | 2025-26 | Difference |
|---|---|---|---|
| Total Receipts | Rs 98,940 crore | Rs 1.12 lakh crore | -12.0% |
| Tax Revenue (Net) | Rs 51,400 crore | Rs 64,800 crore | -20.7% |
| Non-Tax Revenue | Rs 10,051 crore | Rs 12,500 crore | -19.6% |
| Total Expenditure | Rs 1.29 lakh crore | Rs 1.47 lakh crore | -11.7% |
| Revenue Expenditure | Rs 1.23 lakh crore | Rs 1.36 lakh crore | -10.0% |
| Capital Expenditure | Rs 6,406 crore | Rs 10,244 crore | -37.5% |
| Interest Payments | Rs 22,500 crore | Rs 26,500 crore | -15.1% |
| Fiscal Deficit | Rs 30,311 crore | Rs 34,201 crore | -11.4% |
| Fiscal Deficit (% of GDP) | 4.1% | 3.8% | โ |
| Debt-to-GDP Ratio | 49.6% | 47.1% | โ |
Department Allocation Changes โ 2023-24 vs 2025-26
Which departments gained or lost budget share between 2025-26 and 2023-24
| Department | 2023-24 | 2025-26 | Difference |
|---|---|---|---|
1. Education | Rs 15,800 crore | Rs 19,200 crore | -17.7% |
2. Agriculture & Allied | Rs 12,500 crore | Rs 15,500 crore | -19.4% |
3. Energy | Rs 10,500 crore | Rs 12,800 crore | -18.0% |
4. Health & Family Welfare | Rs 7,800 crore | Rs 10,100 crore | -22.8% |
5. Rural Development | Rs 7,500 crore | Rs 9,500 crore | -21.1% |
6. Police & Home | Rs 7,400 crore | Rs 9,100 crore | -18.7% |
7. Social Welfare | Rs 6,000 crore | Rs 7,400 crore | -18.9% |
8. Transport & Roads | Rs 3,900 crore | Rs 5,300 crore | -26.4% |
9. Water Supply & Sanitation | Rs 3,800 crore | Rs 5,200 crore | -26.9% |
10. Urban Development | Rs 3,900 crore | Rs 5,000 crore | -22.0% |
How Has Punjab's Budget Changed from 2025-26 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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