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Punjab Budget โ€” 2024-25 vs 2026-27

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

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Budget Growth โ€” 2024-25 vs 2026-27

Total Expenditure

2024-25

Rs 1.35 lakh crore

2026-27

Rs 1.67 lakh crore

2024-25 is -19.0% lower
Total Receipts

2024-25

Rs 1.04 lakh crore

2026-27

Rs 1.26 lakh crore

2024-25 is -17.6% lower
Capital Expenditure

2024-25

Rs 7,445 crore

2026-27

Rs 18,565 crore

2024-25 is -59.9% lower
Tax Revenue

2024-25

Rs 58,900 crore

2026-27

Rs 1.01 lakh crore

2024-25 is -41.9% lower
Fiscal Deficit (% GDP)

2024-25

3.8%

2026-27

4.1%

2024-25 is -7.3% lower
Interest Payments

2024-25

Rs 23,900 crore

2026-27

Rs 28,755 crore

2024-25 is -16.9% lower

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

Particulars2024-252026-27Difference
Total ReceiptsRs 1.04 lakh croreRs 1.26 lakh crore-17.6%
Tax Revenue (Net)Rs 58,900 croreRs 1.01 lakh crore-41.9%
Non-Tax RevenueRs 11,246 croreRs 15,687 crore-28.3%
Total ExpenditureRs 1.35 lakh croreRs 1.67 lakh crore-19.0%
Revenue ExpenditureRs 1.27 lakh croreRs 1.48 lakh crore-14.2%
Capital ExpenditureRs 7,445 croreRs 18,565 crore-59.9%
Interest PaymentsRs 23,900 croreRs 28,755 crore-16.9%
Fiscal DeficitRs 30,465 croreRs 39,971 crore-23.8%
Fiscal Deficit (% of GDP)3.8%4.1%โ€”
Debt-to-GDP Ratio48.6%45.1%โ€”

Department Allocation Changes โ€” 2024-25 vs 2026-27

Which departments gained or lost budget share between 2026-27 and 2024-25

Department2024-252026-27Difference
1. Education, Sports, Arts and Culture
Rs 0
Rs 21,503 crore
-100.0%
2. Social Welfare and Nutrition
Rs 0
Rs 18,775 crore
-100.0%
3. Education
Rs 17,400 crore
Rs 0
โ€”
4. Agriculture and Allied Activities
Rs 0
Rs 15,281 crore
-100.0%
5. Agriculture & Allied
Rs 13,700 crore
Rs 0
โ€”
6. Energy
Rs 11,600 crore
Rs 5,798 crore
+100.1%
7. Police
Rs 0
Rs 9,214 crore
-100.0%
8. Health & Family Welfare
Rs 8,700 crore
Rs 0
โ€”
9. Rural Development
Rs 8,200 crore
Rs 2,858 crore
+186.9%
10. Police & Home
Rs 8,000 crore
Rs 0
โ€”
11. Health and Family Welfare
Rs 0
Rs 7,787 crore
-100.0%
12. Social Welfare
Rs 6,550 crore
Rs 0
โ€”
13. Transport
Rs 0
Rs 5,153 crore
-100.0%
14. Water Supply & Sanitation
Rs 4,500 crore
Rs 0
โ€”
15. Transport & Roads
Rs 4,500 crore
Rs 0
โ€”

How Has Punjab's Budget Changed from 2026-27 to 2024-25?

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 2024-25 budget analysis or view all available comparisons.

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