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Tamil Nadu Budget — 2003-04 vs 2002-03

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

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Budget Growth — 2003-04 vs 2002-03

Total Expenditure

2003-04

Rs 31,800 crore

2002-03

Rs 28,700 crore

2003-04 is +10.8% higher
Total Receipts

2003-04

Rs 23,500 crore

2002-03

Rs 20,800 crore

2003-04 is +13.0% higher
Capital Expenditure

2003-04

Rs 5,800 crore

2002-03

Rs 5,200 crore

2003-04 is +11.5% higher
Tax Revenue

2003-04

Rs 14,100 crore

2002-03

Rs 12,480 crore

2003-04 is +13.0% higher
Fiscal Deficit (% GDP)

2003-04

2.7%

2002-03

3.1%

2003-04 is -12.9% lower
Interest Payments

2003-04

Rs 4,520 crore

2002-03

Rs 3,980 crore

2003-04 is +13.6% higher

Receipts & Expenditure — Year-over-Year Change

Particulars2003-042002-03Difference
Total ReceiptsRs 23,500 croreRs 20,800 crore+13.0%
Tax Revenue (Net)Rs 14,100 croreRs 12,480 crore+13.0%
Non-Tax RevenueRs 3,760 croreRs 3,328 crore+13.0%
Total ExpenditureRs 31,800 croreRs 28,700 crore+10.8%
Revenue ExpenditureRs 26,000 croreRs 23,500 crore+10.6%
Capital ExpenditureRs 5,800 croreRs 5,200 crore+11.5%
Interest PaymentsRs 4,520 croreRs 3,980 crore+13.6%
Fiscal DeficitRs 5,520 croreRs 5,580 crore-1.1%
Fiscal Deficit (% of GDP)2.7%3.1%—
Debt-to-GDP Ratio22.4%23.6%—

How Has Tamil Nadu's Budget Changed from 2002-03 to 2003-04?

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 2003-04 budget analysis or view all available comparisons.

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