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Karnataka Budget โ€” 2003-04 vs 2002-03

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

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Budget Growth โ€” 2003-04 vs 2002-03

Total Expenditure

2003-04

Rs 28,800 crore

2002-03

Rs 26,000 crore

2003-04 is +10.8% higher
Total Receipts

2003-04

Rs 21,000 crore

2002-03

Rs 18,500 crore

2003-04 is +13.5% higher
Capital Expenditure

2003-04

Rs 4,800 crore

2002-03

Rs 4,200 crore

2003-04 is +14.3% higher
Tax Revenue

2003-04

Rs 12,600 crore

2002-03

Rs 11,100 crore

2003-04 is +13.5% higher
Fiscal Deficit (% GDP)

2003-04

3.1%

2002-03

3.5%

2003-04 is -11.4% lower
Interest Payments

2003-04

Rs 4,000 crore

2002-03

Rs 3,460 crore

2003-04 is +15.6% higher

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

Particulars2003-042002-03Difference
Total ReceiptsRs 21,000 croreRs 18,500 crore+13.5%
Tax Revenue (Net)Rs 12,600 croreRs 11,100 crore+13.5%
Non-Tax RevenueRs 3,360 croreRs 2,960 crore+13.5%
Total ExpenditureRs 28,800 croreRs 26,000 crore+10.8%
Revenue ExpenditureRs 24,000 croreRs 21,800 crore+10.1%
Capital ExpenditureRs 4,800 croreRs 4,200 crore+14.3%
Interest PaymentsRs 4,000 croreRs 3,460 crore+15.6%
Fiscal DeficitRs 5,400 croreRs 5,460 crore-1.1%
Fiscal Deficit (% of GDP)3.1%3.5%โ€”
Debt-to-GDP Ratio24.6%25.3%โ€”

How Has Karnataka's Budget Changed from 2002-03 to 2003-04?

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 2003-04 budget analysis or view all available comparisons.

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