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Punjab Budget โ€” 2026-27 vs 2022-23

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

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Budget Growth โ€” 2026-27 vs 2022-23

Total Expenditure

2026-27

Rs 1.67 lakh crore

2022-23

Rs 1.4 lakh crore

2026-27 is +19.1% higher
Total Receipts

2026-27

Rs 1.26 lakh crore

2022-23

Rs 96,500 crore

2026-27 is +30.8% higher
Capital Expenditure

2026-27

Rs 18,565 crore

2022-23

Rs 18,000 crore

2026-27 is +3.1% higher
Tax Revenue

2026-27

Rs 1.01 lakh crore

2022-23

Rs 47,500 crore

2026-27 is +113.3% higher
Fiscal Deficit (% GDP)

2026-27

4.1%

2022-23

5.5%

2026-27 is -25.5% lower
Interest Payments

2026-27

Rs 28,755 crore

2022-23

Rs 22,700 crore

2026-27 is +26.7% higher

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

Particulars2026-272022-23Difference
Total ReceiptsRs 1.26 lakh croreRs 96,500 crore+30.8%
Tax Revenue (Net)Rs 1.01 lakh croreRs 47,500 crore+113.3%
Non-Tax RevenueRs 15,687 croreRs 12,500 crore+25.5%
Total ExpenditureRs 1.67 lakh croreRs 1.4 lakh crore+19.1%
Revenue ExpenditureRs 1.48 lakh croreRs 1.22 lakh crore+21.4%
Capital ExpenditureRs 18,565 croreRs 18,000 crore+3.1%
Interest PaymentsRs 28,755 croreRs 22,700 crore+26.7%
Fiscal DeficitRs 39,971 croreRs 35,500 crore+12.6%
Fiscal Deficit (% of GDP)4.1%5.5%โ€”
Debt-to-GDP Ratio45.1%46.2%โ€”

Department Allocation Changes โ€” 2026-27 vs 2022-23

Which departments gained or lost budget share between 2022-23 and 2026-27

Department2026-272022-23Difference
1. Education, Sports, Arts and Culture
Rs 21,503 crore
Rs 0
โ€”
2. Social Welfare and Nutrition
Rs 18,775 crore
Rs 0
โ€”
3. Agriculture and Allied Activities
Rs 15,281 crore
Rs 0
โ€”
4. Police
Rs 9,214 crore
Rs 0
โ€”
5. Health and Family Welfare
Rs 7,787 crore
Rs 0
โ€”
6. Energy
Rs 5,798 crore
Rs 0
โ€”
7. Transport
Rs 5,153 crore
Rs 0
โ€”
8. Urban Development
Rs 2,945 crore
Rs 0
โ€”
9. Irrigation and Flood Control
Rs 2,943 crore
Rs 0
โ€”
10. Rural Development
Rs 2,858 crore
Rs 0
โ€”

How Has Punjab's Budget Changed from 2022-23 to 2026-27?

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 2026-27 budget analysis or view all available comparisons.

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