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Jammu & Kashmir Budget — 2021-22 vs 2020-21

Year-over-year budget comparison showing how Jammu & Kashmir's fiscal priorities have changed

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Budget Growth — 2021-22 vs 2020-21

Total Expenditure

2021-22

Rs 69,300 crore

2020-21

Rs 61,800 crore

2021-22 is +12.1% higher
Total Receipts

2021-22

Rs 57,500 crore

2020-21

Rs 50,200 crore

2021-22 is +14.5% higher
Capital Expenditure

2021-22

Rs 12,500 crore

2020-21

Rs 9,800 crore

2021-22 is +27.6% higher
Tax Revenue

2021-22

Rs 10,200 crore

2020-21

Rs 8,800 crore

2021-22 is +15.9% higher
Fiscal Deficit (% GDP)

2021-22

3.8%

2020-21

4.2%

2021-22 is -9.5% lower
Interest Payments

2021-22

Rs 8,300 crore

2020-21

Rs 7,400 crore

2021-22 is +12.2% higher

Receipts & Expenditure — Year-over-Year Change

Particulars2021-222020-21Difference
Total ReceiptsRs 57,500 croreRs 50,200 crore+14.5%
Tax Revenue (Net)Rs 10,200 croreRs 8,800 crore+15.9%
Non-Tax RevenueRs 4,500 croreRs 3,800 crore+18.4%
Total ExpenditureRs 69,300 croreRs 61,800 crore+12.1%
Revenue ExpenditureRs 56,800 croreRs 52,000 crore+9.2%
Capital ExpenditureRs 12,500 croreRs 9,800 crore+27.6%
Interest PaymentsRs 8,300 croreRs 7,400 crore+12.2%
Fiscal DeficitRs 7,500 croreRs 6,800 crore+10.3%
Fiscal Deficit (% of GDP)3.8%4.2%—
Debt-to-GDP Ratio47.5%50.6%—

How Has Jammu & Kashmir's Budget Changed from 2020-21 to 2021-22?

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 2021-22 budget analysis or view all available comparisons.

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