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Punjab Budget โ€” 2026-27 vs 2025-26

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

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Budget Growth โ€” 2026-27 vs 2025-26

Total Expenditure

2026-27

Rs 1.67 lakh crore

2025-26

Rs 1.55 lakh crore

2026-27 is +7.3% higher
Total Receipts

2026-27

Rs 1.26 lakh crore

2025-26

Rs 1.17 lakh crore

2026-27 is +8.3% higher
Capital Expenditure

2026-27

Rs 18,565 crore

2025-26

Rs 11,880 crore

2026-27 is +56.3% higher
Tax Revenue

2026-27

Rs 1.01 lakh crore

2025-26

Rs 64,800 crore

2026-27 is +56.4% higher
Fiscal Deficit (% GDP)

2026-27

4.1%

2025-26

4.2%

2026-27 is -2.4% lower
Interest Payments

2026-27

Rs 28,755 crore

2025-26

Rs 26,500 crore

2026-27 is +8.5% higher

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

Particulars2026-272025-26Difference
Total ReceiptsRs 1.26 lakh croreRs 1.17 lakh crore+8.3%
Tax Revenue (Net)Rs 1.01 lakh croreRs 64,800 crore+56.4%
Non-Tax RevenueRs 15,687 croreRs 12,500 crore+25.5%
Total ExpenditureRs 1.67 lakh croreRs 1.55 lakh crore+7.3%
Revenue ExpenditureRs 1.48 lakh croreRs 1.36 lakh crore+8.6%
Capital ExpenditureRs 18,565 croreRs 11,880 crore+56.3%
Interest PaymentsRs 28,755 croreRs 26,500 crore+8.5%
Fiscal DeficitRs 39,971 croreRs 37,237 crore+7.3%
Fiscal Deficit (% of GDP)4.1%4.2%โ€”
Debt-to-GDP Ratio45.1%47.1%โ€”

Department Allocation Changes โ€” 2026-27 vs 2025-26

Which departments gained or lost budget share between 2025-26 and 2026-27

Department2026-272025-26Difference
1. Education, Sports, Arts and Culture
Rs 21,503 crore
Rs 0
โ€”
2. Education
Rs 0
Rs 19,200 crore
-100.0%
3. Social Welfare and Nutrition
Rs 18,775 crore
Rs 0
โ€”
4. Agriculture & Allied
Rs 0
Rs 15,500 crore
-100.0%
5. Agriculture and Allied Activities
Rs 15,281 crore
Rs 0
โ€”
6. Energy
Rs 5,798 crore
Rs 12,800 crore
-54.7%
7. Health & Family Welfare
Rs 0
Rs 10,100 crore
-100.0%
8. Rural Development
Rs 2,858 crore
Rs 9,500 crore
-69.9%
9. Police
Rs 9,214 crore
Rs 0
โ€”
10. Police & Home
Rs 0
Rs 9,100 crore
-100.0%
11. Health and Family Welfare
Rs 7,787 crore
Rs 0
โ€”
12. Social Welfare
Rs 0
Rs 7,400 crore
-100.0%
13. Transport & Roads
Rs 0
Rs 5,300 crore
-100.0%
14. Water Supply & Sanitation
Rs 0
Rs 5,200 crore
-100.0%
15. Transport
Rs 5,153 crore
Rs 0
โ€”

How Has Punjab's Budget Changed from 2025-26 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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