Jammu & Kashmir Budget โ 2023-24 vs 2022-23
Year-over-year budget comparison showing how Jammu & Kashmir's fiscal priorities have changed
Budget Growth โ 2023-24 vs 2022-23
2023-24
Rs 84,700 crore
2022-23
Rs 90,000 crore
2023-24
Rs 68,200 crore
2022-23
Rs 64,200 crore
2023-24
Rs 13,500 crore
2022-23
Rs 15,000 crore
2023-24
Rs 12,500 crore
2022-23
Rs 11,800 crore
2023-24
4.2%
2022-23
4.1%
2023-24
Rs 9,900 crore
2022-23
Rs 9,200 crore
Receipts & Expenditure โ Year-over-Year Change
| Particulars | 2023-24 | 2022-23 | Difference |
|---|---|---|---|
| Total Receipts | Rs 68,200 crore | Rs 64,200 crore | +6.2% |
| Tax Revenue (Net) | Rs 12,500 crore | Rs 11,800 crore | +5.9% |
| Non-Tax Revenue | Rs 5,700 crore | Rs 5,200 crore | +9.6% |
| Total Expenditure | Rs 84,700 crore | Rs 90,000 crore | -5.9% |
| Revenue Expenditure | Rs 64,500 crore | Rs 61,500 crore | +4.9% |
| Capital Expenditure | Rs 13,500 crore | Rs 15,000 crore | -10.0% |
| Interest Payments | Rs 9,900 crore | Rs 9,200 crore | +7.6% |
| Fiscal Deficit | Rs 10,100 crore | Rs 9,500 crore | +6.3% |
| Fiscal Deficit (% of GDP) | 4.2% | 4.1% | โ |
| Debt-to-GDP Ratio | 51.0% | 47.0% | โ |
Department Allocation Changes โ 2023-24 vs 2022-23
Which departments gained or lost budget share between 2022-23 and 2023-24
| Department | 2023-24 | 2022-23 | Difference |
|---|---|---|---|
1. Education | Rs 11,050 crore | Rs 0 | โ |
2. Police & Home Affairs | Rs 7,900 crore | Rs 0 | โ |
3. Rural Development & Panchayati Raj | Rs 6,300 crore | Rs 0 | โ |
4. Public Works & Roads | Rs 6,300 crore | Rs 0 | โ |
5. Energy & Power | Rs 5,500 crore | Rs 0 | โ |
6. Health & Family Welfare | Rs 5,000 crore | Rs 0 | โ |
7. Agriculture & Allied | Rs 3,450 crore | Rs 0 | โ |
8. Water Supply & Jal Jeevan | Rs 3,150 crore | Rs 0 | โ |
9. Social Welfare | Rs 3,150 crore | Rs 0 | โ |
10. Urban Development & Housing | Rs 3,100 crore | Rs 0 | โ |
How Has Jammu & Kashmir's Budget Changed from 2022-23 to 2023-24?
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 2023-24 budget analysis or view all available comparisons.
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