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Odisha Budget โ€” 2022-23 vs 2023-24

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

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Budget Growth โ€” 2022-23 vs 2023-24

Total Expenditure

2022-23

Rs 1.44 lakh crore

2023-24

Rs 2.12 lakh crore

2022-23 is -31.8% lower
Total Receipts

2022-23

Rs 1.1 lakh crore

2023-24

Rs 1.85 lakh crore

2022-23 is -40.4% lower
Capital Expenditure

2022-23

Rs 28,500 crore

2023-24

Rs 46,152 crore

2022-23 is -38.2% lower
Tax Revenue

2022-23

Rs 38,500 crore

2023-24

Rs 54,000 crore

2022-23 is -28.7% lower
Fiscal Deficit (% GDP)

2022-23

3.0%

2023-24

3.0%

2022-23 is 0.0% lower
Interest Payments

2022-23

Rs 13,000 crore

2023-24

Rs 6,724 crore

2022-23 is +93.3% higher

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

Particulars2022-232023-24Difference
Total ReceiptsRs 1.1 lakh croreRs 1.85 lakh crore-40.4%
Tax Revenue (Net)Rs 38,500 croreRs 54,000 crore-28.7%
Non-Tax RevenueRs 20,200 croreRs 52,500 crore-61.5%
Total ExpenditureRs 1.44 lakh croreRs 2.12 lakh crore-31.8%
Revenue ExpenditureRs 1.16 lakh croreRs 1.63 lakh crore-29.0%
Capital ExpenditureRs 28,500 croreRs 46,152 crore-38.2%
Interest PaymentsRs 13,000 croreRs 6,724 crore+93.3%
Fiscal DeficitRs 19,800 croreRs 24,982 crore-20.7%
Fiscal Deficit (% of GDP)3.0%3.0%โ€”
Debt-to-GDP Ratio21.5%19.8%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 20,500 crore
-100.0%
2. Rural Development
Rs 0
Rs 20,000 crore
-100.0%
3. Social Welfare
Rs 0
Rs 11,900 crore
-100.0%
4. Water Resources & Irrigation
Rs 0
Rs 11,800 crore
-100.0%
5. Health & Family Welfare
Rs 0
Rs 11,700 crore
-100.0%
6. Transport & Roads
Rs 0
Rs 11,200 crore
-100.0%
7. Agriculture & Allied
Rs 0
Rs 10,500 crore
-100.0%
8. Energy
Rs 0
Rs 10,000 crore
-100.0%
9. Urban Development
Rs 0
Rs 8,000 crore
-100.0%
10. Police & Home
Rs 0
Rs 6,200 crore
-100.0%

How Has Odisha'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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