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Jammu & Kashmir Budget โ€” 2022-23 vs 2023-24

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

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Budget Growth โ€” 2022-23 vs 2023-24

Total Expenditure

2022-23

Rs 90,000 crore

2023-24

Rs 84,700 crore

2022-23 is +6.3% higher
Total Receipts

2022-23

Rs 64,200 crore

2023-24

Rs 68,200 crore

2022-23 is -5.9% lower
Capital Expenditure

2022-23

Rs 15,000 crore

2023-24

Rs 13,500 crore

2022-23 is +11.1% higher
Tax Revenue

2022-23

Rs 11,800 crore

2023-24

Rs 12,500 crore

2022-23 is -5.6% lower
Fiscal Deficit (% GDP)

2022-23

4.1%

2023-24

4.2%

2022-23 is -2.4% lower
Interest Payments

2022-23

Rs 9,200 crore

2023-24

Rs 9,900 crore

2022-23 is -7.1% lower

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

Particulars2022-232023-24Difference
Total ReceiptsRs 64,200 croreRs 68,200 crore-5.9%
Tax Revenue (Net)Rs 11,800 croreRs 12,500 crore-5.6%
Non-Tax RevenueRs 5,200 croreRs 5,700 crore-8.8%
Total ExpenditureRs 90,000 croreRs 84,700 crore+6.3%
Revenue ExpenditureRs 61,500 croreRs 64,500 crore-4.7%
Capital ExpenditureRs 15,000 croreRs 13,500 crore+11.1%
Interest PaymentsRs 9,200 croreRs 9,900 crore-7.1%
Fiscal DeficitRs 9,500 croreRs 10,100 crore-5.9%
Fiscal Deficit (% of GDP)4.1%4.2%โ€”
Debt-to-GDP Ratio47.0%51.0%โ€”

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

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

Department2022-232023-24Difference
1. Education
Rs 0
Rs 11,050 crore
-100.0%
2. Police & Home Affairs
Rs 0
Rs 7,900 crore
-100.0%
3. Rural Development & Panchayati Raj
Rs 0
Rs 6,300 crore
-100.0%
4. Public Works & Roads
Rs 0
Rs 6,300 crore
-100.0%
5. Energy & Power
Rs 0
Rs 5,500 crore
-100.0%
6. Health & Family Welfare
Rs 0
Rs 5,000 crore
-100.0%
7. Agriculture & Allied
Rs 0
Rs 3,450 crore
-100.0%
8. Water Supply & Jal Jeevan
Rs 0
Rs 3,150 crore
-100.0%
9. Social Welfare
Rs 0
Rs 3,150 crore
-100.0%
10. Urban Development & Housing
Rs 0
Rs 3,100 crore
-100.0%

How Has Jammu & Kashmir's Budget Changed from 2023-24 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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