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Punjab Budget โ€” 2008-09 vs 2022-23

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

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Budget Growth โ€” 2008-09 vs 2022-23

Total Expenditure

2008-09

Rs 33,600 crore

2022-23

Rs 1.4 lakh crore

2008-09 is -76.0% lower
Total Receipts

2008-09

Rs 20,100 crore

2022-23

Rs 96,500 crore

2008-09 is -79.2% lower
Capital Expenditure

2008-09

Rs 3,800 crore

2022-23

Rs 18,000 crore

2008-09 is -78.9% lower
Tax Revenue

2008-09

Rs 12,200 crore

2022-23

Rs 47,500 crore

2008-09 is -74.3% lower
Fiscal Deficit (% GDP)

2008-09

4.1%

2022-23

5.5%

2008-09 is -25.5% lower
Interest Payments

2008-09

Rs 8,600 crore

2022-23

Rs 22,700 crore

2008-09 is -62.1% lower

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

Particulars2008-092022-23Difference
Total ReceiptsRs 20,100 croreRs 96,500 crore-79.2%
Tax Revenue (Net)Rs 12,200 croreRs 47,500 crore-74.3%
Non-Tax RevenueRs 2,600 croreRs 12,500 crore-79.2%
Total ExpenditureRs 33,600 croreRs 1.4 lakh crore-76.0%
Revenue ExpenditureRs 29,800 croreRs 1.22 lakh crore-75.6%
Capital ExpenditureRs 3,800 croreRs 18,000 crore-78.9%
Interest PaymentsRs 8,600 croreRs 22,700 crore-62.1%
Fiscal DeficitRs 6,400 croreRs 35,500 crore-82.0%
Fiscal Deficit (% of GDP)4.1%5.5%โ€”
Debt-to-GDP Ratio40.8%46.2%โ€”

How Has Punjab's Budget Changed from 2022-23 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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