Punjab Budget โ 2016-17 vs 2023-24
Year-over-year budget comparison showing how Punjab's fiscal priorities have changed
Budget Growth โ 2016-17 vs 2023-24
2016-17
Rs 76,200 crore
2023-24
Rs 1.29 lakh crore
2016-17
Rs 56,200 crore
2023-24
Rs 98,940 crore
2016-17
Rs 8,200 crore
2023-24
Rs 6,406 crore
2016-17
Rs 28,900 crore
2023-24
Rs 51,400 crore
2016-17
5.0%
2023-24
4.1%
2016-17
Rs 14,200 crore
2023-24
Rs 22,500 crore
Receipts & Expenditure โ Year-over-Year Change
| Particulars | 2016-17 | 2023-24 | Difference |
|---|---|---|---|
| Total Receipts | Rs 56,200 crore | Rs 98,940 crore | -43.2% |
| Tax Revenue (Net) | Rs 28,900 crore | Rs 51,400 crore | -43.8% |
| Non-Tax Revenue | Rs 6,800 crore | Rs 10,051 crore | -32.3% |
| Total Expenditure | Rs 76,200 crore | Rs 1.29 lakh crore | -41.1% |
| Revenue Expenditure | Rs 68,000 crore | Rs 1.23 lakh crore | -44.6% |
| Capital Expenditure | Rs 8,200 crore | Rs 6,406 crore | +28.0% |
| Interest Payments | Rs 14,200 crore | Rs 22,500 crore | -36.9% |
| Fiscal Deficit | Rs 18,000 crore | Rs 30,311 crore | -40.6% |
| Fiscal Deficit (% of GDP) | 5.0% | 4.1% | โ |
| Debt-to-GDP Ratio | 41.1% | 49.6% | โ |
Department Allocation Changes โ 2016-17 vs 2023-24
Which departments gained or lost budget share between 2023-24 and 2016-17
| Department | 2016-17 | 2023-24 | Difference |
|---|---|---|---|
1. Education | Rs 0 | Rs 15,800 crore | -100.0% |
2. Agriculture & Allied | Rs 0 | Rs 12,500 crore | -100.0% |
3. Energy | Rs 0 | Rs 10,500 crore | -100.0% |
4. Health & Family Welfare | Rs 0 | Rs 7,800 crore | -100.0% |
5. Rural Development | Rs 0 | Rs 7,500 crore | -100.0% |
6. Police & Home | Rs 0 | Rs 7,400 crore | -100.0% |
7. Social Welfare | Rs 0 | Rs 6,000 crore | -100.0% |
8. Transport & Roads | Rs 0 | Rs 3,900 crore | -100.0% |
9. Urban Development | Rs 0 | Rs 3,900 crore | -100.0% |
10. Water Supply & Sanitation | Rs 0 | Rs 3,800 crore | -100.0% |
How Has Punjab's Budget Changed from 2023-24 to 2016-17?
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 2016-17 budget analysis or view all available comparisons.
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