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Punjab Budget โ€” 2026-27 vs 2024-25

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

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Budget Growth โ€” 2026-27 vs 2024-25

Total Expenditure

2026-27

Rs 1.67 lakh crore

2024-25

Rs 1.35 lakh crore

2026-27 is +23.4% higher
Total Receipts

2026-27

Rs 1.26 lakh crore

2024-25

Rs 1.04 lakh crore

2026-27 is +21.4% higher
Capital Expenditure

2026-27

Rs 18,565 crore

2024-25

Rs 7,445 crore

2026-27 is +149.4% higher
Tax Revenue

2026-27

Rs 1.01 lakh crore

2024-25

Rs 58,900 crore

2026-27 is +72.0% higher
Fiscal Deficit (% GDP)

2026-27

4.1%

2024-25

3.8%

2026-27 is +7.9% higher
Interest Payments

2026-27

Rs 28,755 crore

2024-25

Rs 23,900 crore

2026-27 is +20.3% higher

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

Particulars2026-272024-25Difference
Total ReceiptsRs 1.26 lakh croreRs 1.04 lakh crore+21.4%
Tax Revenue (Net)Rs 1.01 lakh croreRs 58,900 crore+72.0%
Non-Tax RevenueRs 15,687 croreRs 11,246 crore+39.5%
Total ExpenditureRs 1.67 lakh croreRs 1.35 lakh crore+23.4%
Revenue ExpenditureRs 1.48 lakh croreRs 1.27 lakh crore+16.5%
Capital ExpenditureRs 18,565 croreRs 7,445 crore+149.4%
Interest PaymentsRs 28,755 croreRs 23,900 crore+20.3%
Fiscal DeficitRs 39,971 croreRs 30,465 crore+31.2%
Fiscal Deficit (% of GDP)4.1%3.8%โ€”
Debt-to-GDP Ratio45.1%48.6%โ€”

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

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

Department2026-272024-25Difference
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. Education
Rs 0
Rs 17,400 crore
-100.0%
4. Agriculture and Allied Activities
Rs 15,281 crore
Rs 0
โ€”
5. Agriculture & Allied
Rs 0
Rs 13,700 crore
-100.0%
6. Energy
Rs 5,798 crore
Rs 11,600 crore
-50.0%
7. Police
Rs 9,214 crore
Rs 0
โ€”
8. Health & Family Welfare
Rs 0
Rs 8,700 crore
-100.0%
9. Rural Development
Rs 2,858 crore
Rs 8,200 crore
-65.1%
10. Police & Home
Rs 0
Rs 8,000 crore
-100.0%
11. Health and Family Welfare
Rs 7,787 crore
Rs 0
โ€”
12. Social Welfare
Rs 0
Rs 6,550 crore
-100.0%
13. Transport
Rs 5,153 crore
Rs 0
โ€”
14. Water Supply & Sanitation
Rs 0
Rs 4,500 crore
-100.0%
15. Transport & Roads
Rs 0
Rs 4,500 crore
-100.0%

How Has Punjab's Budget Changed from 2024-25 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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