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Punjab Budget โ€” 2008-09 vs 2007-08

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

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Budget Growth โ€” 2008-09 vs 2007-08

Total Expenditure

2008-09

Rs 33,600 crore

2007-08

Rs 29,700 crore

2008-09 is +13.1% higher
Total Receipts

2008-09

Rs 20,100 crore

2007-08

Rs 18,200 crore

2008-09 is +10.4% higher
Capital Expenditure

2008-09

Rs 3,800 crore

2007-08

Rs 3,200 crore

2008-09 is +18.8% higher
Tax Revenue

2008-09

Rs 12,200 crore

2007-08

Rs 10,800 crore

2008-09 is +13.0% higher
Fiscal Deficit (% GDP)

2008-09

4.1%

2007-08

3.6%

2008-09 is +13.9% higher
Interest Payments

2008-09

Rs 8,600 crore

2007-08

Rs 7,800 crore

2008-09 is +10.3% higher

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

Particulars2008-092007-08Difference
Total ReceiptsRs 20,100 croreRs 18,200 crore+10.4%
Tax Revenue (Net)Rs 12,200 croreRs 10,800 crore+13.0%
Non-Tax RevenueRs 2,600 croreRs 2,400 crore+8.3%
Total ExpenditureRs 33,600 croreRs 29,700 crore+13.1%
Revenue ExpenditureRs 29,800 croreRs 26,500 crore+12.5%
Capital ExpenditureRs 3,800 croreRs 3,200 crore+18.8%
Interest PaymentsRs 8,600 croreRs 7,800 crore+10.3%
Fiscal DeficitRs 6,400 croreRs 5,000 crore+28.0%
Fiscal Deficit (% of GDP)4.1%3.6%โ€”
Debt-to-GDP Ratio40.8%41.5%โ€”

How Has Punjab's Budget Changed from 2007-08 to 2008-09?

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 2008-09 budget analysis or view all available comparisons.

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