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Punjab Budget โ€” 2018-19 vs 2017-18

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

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Budget Growth โ€” 2018-19 vs 2017-18

Total Expenditure

2018-19

Rs 93,500 crore

2017-18

Rs 84,600 crore

2018-19 is +10.5% higher
Total Receipts

2018-19

Rs 69,200 crore

2017-18

Rs 62,500 crore

2018-19 is +10.7% higher
Capital Expenditure

2018-19

Rs 11,500 crore

2017-18

Rs 9,800 crore

2018-19 is +17.3% higher
Tax Revenue

2018-19

Rs 35,800 crore

2017-18

Rs 32,400 crore

2018-19 is +10.5% higher
Fiscal Deficit (% GDP)

2018-19

4.3%

2017-18

4.5%

2018-19 is -4.4% lower
Interest Payments

2018-19

Rs 17,100 crore

2017-18

Rs 15,500 crore

2018-19 is +10.3% higher

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

Particulars2018-192017-18Difference
Total ReceiptsRs 69,200 croreRs 62,500 crore+10.7%
Tax Revenue (Net)Rs 35,800 croreRs 32,400 crore+10.5%
Non-Tax RevenueRs 8,400 croreRs 7,800 crore+7.7%
Total ExpenditureRs 93,500 croreRs 84,600 crore+10.5%
Revenue ExpenditureRs 82,000 croreRs 74,800 crore+9.6%
Capital ExpenditureRs 11,500 croreRs 9,800 crore+17.3%
Interest PaymentsRs 17,100 croreRs 15,500 crore+10.3%
Fiscal DeficitRs 19,300 croreRs 18,100 crore+6.6%
Fiscal Deficit (% of GDP)4.3%4.5%โ€”
Debt-to-GDP Ratio40.4%40.5%โ€”

How Has Punjab's Budget Changed from 2017-18 to 2018-19?

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 2018-19 budget analysis or view all available comparisons.

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