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Gujarat Budget โ€” 2002-03 vs 2022-23

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

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Budget Growth โ€” 2002-03 vs 2022-23

Total Expenditure

2002-03

Rs 24,300 crore

2022-23

Rs 2.68 lakh crore

2002-03 is -90.9% lower
Total Receipts

2002-03

Rs 16,200 crore

2022-23

Rs 2.08 lakh crore

2002-03 is -92.2% lower
Capital Expenditure

2002-03

Rs 4,800 crore

2022-23

Rs 50,000 crore

2002-03 is -90.4% lower
Tax Revenue

2002-03

Rs 9,720 crore

2022-23

Rs 1.35 lakh crore

2002-03 is -92.8% lower
Fiscal Deficit (% GDP)

2002-03

4.0%

2022-23

2.1%

2002-03 is +90.5% higher
Interest Payments

2002-03

Rs 3,920 crore

2022-23

Rs 28,000 crore

2002-03 is -86.0% lower

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

Particulars2002-032022-23Difference
Total ReceiptsRs 16,200 croreRs 2.08 lakh crore-92.2%
Tax Revenue (Net)Rs 9,720 croreRs 1.35 lakh crore-92.8%
Non-Tax RevenueRs 2,592 croreRs 73,000 crore-96.4%
Total ExpenditureRs 24,300 croreRs 2.68 lakh crore-90.9%
Revenue ExpenditureRs 19,500 croreRs 2.18 lakh crore-91.1%
Capital ExpenditureRs 4,800 croreRs 50,000 crore-90.4%
Interest PaymentsRs 3,920 croreRs 28,000 crore-86.0%
Fiscal DeficitRs 6,720 croreRs 42,000 crore-84.0%
Fiscal Deficit (% of GDP)4.0%2.1%โ€”
Debt-to-GDP Ratio29.2%18.5%โ€”

How Has Gujarat's Budget Changed from 2022-23 to 2002-03?

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 2002-03 budget analysis or view all available comparisons.

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