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Punjab Budget โ€” 2007-08 vs 2024-25

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

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Budget Growth โ€” 2007-08 vs 2024-25

Total Expenditure

2007-08

Rs 29,700 crore

2024-25

Rs 1.35 lakh crore

2007-08 is -78.0% lower
Total Receipts

2007-08

Rs 18,200 crore

2024-25

Rs 1.04 lakh crore

2007-08 is -82.5% lower
Capital Expenditure

2007-08

Rs 3,200 crore

2024-25

Rs 7,445 crore

2007-08 is -57.0% lower
Tax Revenue

2007-08

Rs 10,800 crore

2024-25

Rs 58,900 crore

2007-08 is -81.7% lower
Fiscal Deficit (% GDP)

2007-08

3.6%

2024-25

3.8%

2007-08 is -5.3% lower
Interest Payments

2007-08

Rs 7,800 crore

2024-25

Rs 23,900 crore

2007-08 is -67.4% lower

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

Particulars2007-082024-25Difference
Total ReceiptsRs 18,200 croreRs 1.04 lakh crore-82.5%
Tax Revenue (Net)Rs 10,800 croreRs 58,900 crore-81.7%
Non-Tax RevenueRs 2,400 croreRs 11,246 crore-78.7%
Total ExpenditureRs 29,700 croreRs 1.35 lakh crore-78.0%
Revenue ExpenditureRs 26,500 croreRs 1.27 lakh crore-79.2%
Capital ExpenditureRs 3,200 croreRs 7,445 crore-57.0%
Interest PaymentsRs 7,800 croreRs 23,900 crore-67.4%
Fiscal DeficitRs 5,000 croreRs 30,465 crore-83.6%
Fiscal Deficit (% of GDP)3.6%3.8%โ€”
Debt-to-GDP Ratio41.5%48.6%โ€”

Department Allocation Changes โ€” 2007-08 vs 2024-25

Which departments gained or lost budget share between 2024-25 and 2007-08

Department2007-082024-25Difference
1. Education
Rs 0
Rs 17,400 crore
-100.0%
2. Agriculture & Allied
Rs 0
Rs 13,700 crore
-100.0%
3. Energy
Rs 0
Rs 11,600 crore
-100.0%
4. Health & Family Welfare
Rs 0
Rs 8,700 crore
-100.0%
5. Rural Development
Rs 0
Rs 8,200 crore
-100.0%
6. Police & Home
Rs 0
Rs 8,000 crore
-100.0%
7. Social Welfare
Rs 0
Rs 6,550 crore
-100.0%
8. Water Supply & Sanitation
Rs 0
Rs 4,500 crore
-100.0%
9. Transport & Roads
Rs 0
Rs 4,500 crore
-100.0%
10. Urban Development
Rs 0
Rs 4,300 crore
-100.0%

How Has Punjab's Budget Changed from 2024-25 to 2007-08?

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 2007-08 budget analysis or view all available comparisons.

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