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West Bengal Budget โ€” 2023-24 vs 2022-23

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

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Budget Growth โ€” 2023-24 vs 2022-23

Total Expenditure

2023-24

Rs 2.67 lakh crore

2022-23

Rs 2.25 lakh crore

2023-24 is +18.7% higher
Total Receipts

2023-24

Rs 2.09 lakh crore

2022-23

Rs 1.38 lakh crore

2023-24 is +51.0% higher
Capital Expenditure

2023-24

Rs 30,537 crore

2022-23

Rs 26,800 crore

2023-24 is +13.9% higher
Tax Revenue

2023-24

Rs 92,742 crore

2022-23

Rs 63,500 crore

2023-24 is +46.1% higher
Fiscal Deficit (% GDP)

2023-24

3.5%

2022-23

3.7%

2023-24 is -5.4% lower
Interest Payments

2023-24

Rs 42,275 crore

2022-23

Rs 47,800 crore

2023-24 is -11.6% lower

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

Particulars2023-242022-23Difference
Total ReceiptsRs 2.09 lakh croreRs 1.38 lakh crore+51.0%
Tax Revenue (Net)Rs 92,742 croreRs 63,500 crore+46.1%
Non-Tax RevenueRs 3,148 croreRs 8,200 crore-61.6%
Total ExpenditureRs 2.67 lakh croreRs 2.25 lakh crore+18.7%
Revenue ExpenditureRs 2.37 lakh croreRs 1.99 lakh crore+19.4%
Capital ExpenditureRs 30,537 croreRs 26,800 crore+13.9%
Interest PaymentsRs 42,275 croreRs 47,800 crore-11.6%
Fiscal DeficitRs 59,306 croreRs 52,000 crore+14.1%
Fiscal Deficit (% of GDP)3.5%3.7%โ€”
Debt-to-GDP Ratio37.6%41.1%โ€”

Department Allocation Changes โ€” 2023-24 vs 2022-23

Which departments gained or lost budget share between 2022-23 and 2023-24

Department2023-242022-23Difference
1. Education
Rs 35,500 crore
Rs 0
โ€”
2. Rural Development
Rs 20,500 crore
Rs 0
โ€”
3. Health & Family Welfare
Rs 16,000 crore
Rs 0
โ€”
4. Social Welfare
Rs 15,400 crore
Rs 0
โ€”
5. Police & Home
Rs 13,400 crore
Rs 0
โ€”
6. Agriculture & Allied
Rs 12,200 crore
Rs 0
โ€”
7. Urban Development
Rs 12,000 crore
Rs 0
โ€”
8. Transport & Roads
Rs 11,000 crore
Rs 0
โ€”
9. Water Supply & Sanitation
Rs 7,400 crore
Rs 0
โ€”
10. Water Resources & Irrigation
Rs 6,700 crore
Rs 0
โ€”

How Has West Bengal's Budget Changed from 2022-23 to 2023-24?

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 2023-24 budget analysis or view all available comparisons.

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