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Madhya Pradesh Budget โ€” 2022-23 vs 2023-24

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

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Budget Growth โ€” 2022-23 vs 2023-24

Total Expenditure

2022-23

Rs 2.69 lakh crore

2023-24

Rs 3 lakh crore

2022-23 is -10.3% lower
Total Receipts

2022-23

Rs 2.04 lakh crore

2023-24

Rs 2.32 lakh crore

2022-23 is -12.0% lower
Capital Expenditure

2022-23

Rs 68,805 crore

2023-24

Rs 67,178 crore

2022-23 is +2.4% higher
Tax Revenue

2022-23

Rs 1.47 lakh crore

2023-24

Rs 87,545 crore

2022-23 is +68.1% higher
Fiscal Deficit (% GDP)

2022-23

3.1%

2023-24

3.6%

2022-23 is -13.6% lower
Interest Payments

2022-23

Rs 19,453 crore

2023-24

Rs 25,000 crore

2022-23 is -22.2% lower

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

Particulars2022-232023-24Difference
Total ReceiptsRs 2.04 lakh croreRs 2.32 lakh crore-12.0%
Tax Revenue (Net)Rs 1.47 lakh croreRs 87,545 crore+68.1%
Non-Tax RevenueRs 19,878 croreRs 17,301 crore+14.9%
Total ExpenditureRs 2.69 lakh croreRs 3 lakh crore-10.3%
Revenue ExpenditureRs 2 lakh croreRs 2.31 lakh crore-13.5%
Capital ExpenditureRs 68,805 croreRs 67,178 crore+2.4%
Interest PaymentsRs 19,453 croreRs 25,000 crore-22.2%
Fiscal DeficitRs 41,203 croreRs 54,449 crore-24.3%
Fiscal Deficit (% of GDP)3.11%3.6%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 43,000 crore
-100.0%
2. Social Welfare & Nutrition
Rs 0
Rs 30,500 crore
-100.0%
3. Energy
Rs 0
Rs 22,000 crore
-100.0%
4. Agriculture & Allied
Rs 0
Rs 20,000 crore
-100.0%
5. Health & Family Welfare
Rs 0
Rs 19,500 crore
-100.0%
6. Rural Development
Rs 0
Rs 13,500 crore
-100.0%
7. Water Resources & Irrigation
Rs 0
Rs 13,000 crore
-100.0%
8. Police & Home
Rs 0
Rs 9,400 crore
-100.0%
9. Water Supply & Sanitation
Rs 0
Rs 9,200 crore
-100.0%
10. Transport & Roads
Rs 0
Rs 8,800 crore
-100.0%

How Has Madhya Pradesh'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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