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Punjab Budget โ€” 2017-18 vs 2016-17

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

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Budget Growth โ€” 2017-18 vs 2016-17

Total Expenditure

2017-18

Rs 84,600 crore

2016-17

Rs 76,200 crore

2017-18 is +11.0% higher
Total Receipts

2017-18

Rs 62,500 crore

2016-17

Rs 56,200 crore

2017-18 is +11.2% higher
Capital Expenditure

2017-18

Rs 9,800 crore

2016-17

Rs 8,200 crore

2017-18 is +19.5% higher
Tax Revenue

2017-18

Rs 32,400 crore

2016-17

Rs 28,900 crore

2017-18 is +12.1% higher
Fiscal Deficit (% GDP)

2017-18

4.5%

2016-17

5.0%

2017-18 is -10.0% lower
Interest Payments

2017-18

Rs 15,500 crore

2016-17

Rs 14,200 crore

2017-18 is +9.2% higher

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

Particulars2017-182016-17Difference
Total ReceiptsRs 62,500 croreRs 56,200 crore+11.2%
Tax Revenue (Net)Rs 32,400 croreRs 28,900 crore+12.1%
Non-Tax RevenueRs 7,800 croreRs 6,800 crore+14.7%
Total ExpenditureRs 84,600 croreRs 76,200 crore+11.0%
Revenue ExpenditureRs 74,800 croreRs 68,000 crore+10.0%
Capital ExpenditureRs 9,800 croreRs 8,200 crore+19.5%
Interest PaymentsRs 15,500 croreRs 14,200 crore+9.2%
Fiscal DeficitRs 18,100 croreRs 18,000 crore+0.6%
Fiscal Deficit (% of GDP)4.5%5.0%โ€”
Debt-to-GDP Ratio40.5%41.1%โ€”

How Has Punjab's Budget Changed from 2016-17 to 2017-18?

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 2017-18 budget analysis or view all available comparisons.

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