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Himachal Pradesh Budget — 2022-23 vs 2021-22

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

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Budget Growth — 2022-23 vs 2021-22

Total Expenditure

2022-23

Rs 55,500 crore

2021-22

Rs 48,500 crore

2022-23 is +14.4% higher
Total Receipts

2022-23

Rs 42,000 crore

2021-22

Rs 36,000 crore

2022-23 is +16.7% higher
Capital Expenditure

2022-23

Rs 8,500 crore

2021-22

Rs 7,500 crore

2022-23 is +13.3% higher
Tax Revenue

2022-23

Rs 14,500 crore

2021-22

Rs 12,200 crore

2022-23 is +18.9% higher
Fiscal Deficit (% GDP)

2022-23

5.8%

2021-22

5.9%

2022-23 is -1.7% lower
Interest Payments

2022-23

Rs 7,000 crore

2021-22

Rs 6,300 crore

2022-23 is +11.1% higher

Receipts & Expenditure — Year-over-Year Change

Particulars2022-232021-22Difference
Total ReceiptsRs 42,000 croreRs 36,000 crore+16.7%
Tax Revenue (Net)Rs 14,500 croreRs 12,200 crore+18.9%
Non-Tax RevenueRs 9,000 croreRs 7,800 crore+15.4%
Total ExpenditureRs 55,500 croreRs 48,500 crore+14.4%
Revenue ExpenditureRs 47,000 croreRs 41,000 crore+14.6%
Capital ExpenditureRs 8,500 croreRs 7,500 crore+13.3%
Interest PaymentsRs 7,000 croreRs 6,300 crore+11.1%
Fiscal DeficitRs 11,500 croreRs 10,500 crore+9.5%
Fiscal Deficit (% of GDP)5.8%5.9%—
Debt-to-GDP Ratio44.5%44.4%—

How Has Himachal Pradesh's Budget Changed from 2021-22 to 2022-23?

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 2022-23 budget analysis or view all available comparisons.

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