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Odisha Budget โ€” 2020-21 vs 2022-23

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

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Budget Growth โ€” 2020-21 vs 2022-23

Total Expenditure

2020-21

Rs 1.09 lakh crore

2022-23

Rs 1.44 lakh crore

2020-21 is -24.7% lower
Total Receipts

2020-21

Rs 77,800 crore

2022-23

Rs 1.1 lakh crore

2020-21 is -29.6% lower
Capital Expenditure

2020-21

Rs 16,200 crore

2022-23

Rs 28,500 crore

2020-21 is -43.2% lower
Tax Revenue

2020-21

Rs 25,200 crore

2022-23

Rs 38,500 crore

2020-21 is -34.5% lower
Fiscal Deficit (% GDP)

2020-21

3.5%

2022-23

3.0%

2020-21 is +16.7% higher
Interest Payments

2020-21

Rs 9,600 crore

2022-23

Rs 13,000 crore

2020-21 is -26.2% lower

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

Particulars2020-212022-23Difference
Total ReceiptsRs 77,800 croreRs 1.1 lakh crore-29.6%
Tax Revenue (Net)Rs 25,200 croreRs 38,500 crore-34.5%
Non-Tax RevenueRs 14,500 croreRs 20,200 crore-28.2%
Total ExpenditureRs 1.09 lakh croreRs 1.44 lakh crore-24.7%
Revenue ExpenditureRs 92,500 croreRs 1.16 lakh crore-20.1%
Capital ExpenditureRs 16,200 croreRs 28,500 crore-43.2%
Interest PaymentsRs 9,600 croreRs 13,000 crore-26.2%
Fiscal DeficitRs 16,800 croreRs 19,800 crore-15.2%
Fiscal Deficit (% of GDP)3.5%3.0%โ€”
Debt-to-GDP Ratio23.3%21.5%โ€”

How Has Odisha's Budget Changed from 2022-23 to 2020-21?

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 2020-21 budget analysis or view all available comparisons.

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