India vs Punjab โ Budget Comparison 2015-16
How does Punjab's state budget compare with the Union Budget for FY 2015-16?
Centre vs State โ Key Budget Metrics 2015-16
India (Union)
Rs 17.91 lakh crore
Punjab
Rs 70,000 crore
India (Union)
Rs 12.02 lakh crore
Punjab
Rs 52,800 crore
India (Union)
Rs 2.82 lakh crore
Punjab
Rs 7,500 crore
India (Union)
Rs 9.44 lakh crore
Punjab
Rs 26,500 crore
India (Union)
3.9%
Punjab
5.2%
India (Union)
Rs 4.25 lakh crore
Punjab
Rs 13,000 crore
Receipts & Expenditure โ India vs Punjab
| Particulars | India (Union) | Punjab | Difference |
|---|---|---|---|
| Total Receipts | Rs 12.02 lakh crore | Rs 52,800 crore | +2176.3% |
| Tax Revenue (Net) | Rs 9.44 lakh crore | Rs 26,500 crore | +3461.4% |
| Non-Tax Revenue | Rs 2.58 lakh crore | Rs 6,300 crore | +3997.5% |
| Total Expenditure | Rs 17.91 lakh crore | Rs 70,000 crore | +2458.3% |
| Revenue Expenditure | Rs 15.13 lakh crore | Rs 62,500 crore | +2320.3% |
| Capital Expenditure | Rs 2.82 lakh crore | Rs 7,500 crore | +3663.1% |
| Interest Payments | Rs 4.25 lakh crore | Rs 13,000 crore | +3172.7% |
| Fiscal Deficit | Rs 5.34 lakh crore | Rs 17,200 crore | +3006.2% |
| Fiscal Deficit (% of GDP) | 3.9% | 5.2% | โ |
| Debt-to-GDP Ratio | 51.8% | 40.0% | โ |
Department-wise Spending โ India vs Punjab
| Department | India (Union) | Punjab | Difference |
|---|---|---|---|
1. Ministry of Finance (Interest Payments & Transfers) | Rs 6.55 lakh crore | Rs 0 | โ |
2. Ministry of Defence | Rs 3.13 lakh crore | Rs 0 | โ |
3. Ministry of Consumer Affairs, Food & Public Distribution | Rs 1.17 lakh crore | Rs 0 | โ |
4. Ministry of Rural Development | Rs 89,200 crore | Rs 0 | โ |
5. Ministry of Home Affairs | Rs 88,000 crore | Rs 0 | โ |
6. Ministry of Chemicals & Fertilisers | Rs 72,800 crore | Rs 0 | โ |
7. Ministry of Education | Rs 63,200 crore | Rs 0 | โ |
8. Ministry of Road Transport & Highways | Rs 45,500 crore | Rs 0 | โ |
9. Ministry of Railways | Rs 40,500 crore | Rs 0 | โ |
10. Ministry of Health & Family Welfare | Rs 38,000 crore | Rs 0 | โ |
11. Ministry of Communications | Rs 32,000 crore | Rs 0 | โ |
12. Ministry of Agriculture & Farmers' Welfare | Rs 27,400 crore | Rs 0 | โ |
13. Ministry of Housing & Urban Affairs | Rs 21,500 crore | Rs 0 | โ |
14. Ministry of Women & Child Development | Rs 15,400 crore | Rs 0 | โ |
15. Ministry of Jal Shakti | Rs 11,500 crore | Rs 0 | โ |
Understanding Centre vs State Budget โ India and Punjab
India's federal fiscal structure divides spending responsibilities between the Centre and states. The Union Budget covers national priorities like defence, foreign affairs, and central schemes, while state budgets handle education, health, police, and local infrastructure.
The Finance Commission determines how central tax revenue is shared with states. Currently, 41% of the divisible pool is transferred to states. Additionally, states receive grants-in-aid for specific schemes and programs.
Punjab's share of central transfers, combined with its own tax revenue (state GST, excise, stamp duty, vehicle tax) and non-tax revenue, determines its total resource envelope. Comparing this with the Union Budget provides a complete picture of public finance in India.
Related Budget Comparisons
Explore All Budget Comparisons
Compare states, years, and India across 27 financial years