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Punjab Budget โ€” 2018-19 vs 2024-25

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

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Budget Growth โ€” 2018-19 vs 2024-25

Total Expenditure

2018-19

Rs 93,500 crore

2024-25

Rs 1.35 lakh crore

2018-19 is -30.8% lower
Total Receipts

2018-19

Rs 69,200 crore

2024-25

Rs 1.04 lakh crore

2018-19 is -33.4% lower
Capital Expenditure

2018-19

Rs 11,500 crore

2024-25

Rs 7,445 crore

2018-19 is +54.5% higher
Tax Revenue

2018-19

Rs 35,800 crore

2024-25

Rs 58,900 crore

2018-19 is -39.2% lower
Fiscal Deficit (% GDP)

2018-19

4.3%

2024-25

3.8%

2018-19 is +13.2% higher
Interest Payments

2018-19

Rs 17,100 crore

2024-25

Rs 23,900 crore

2018-19 is -28.5% lower

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

Particulars2018-192024-25Difference
Total ReceiptsRs 69,200 croreRs 1.04 lakh crore-33.4%
Tax Revenue (Net)Rs 35,800 croreRs 58,900 crore-39.2%
Non-Tax RevenueRs 8,400 croreRs 11,246 crore-25.3%
Total ExpenditureRs 93,500 croreRs 1.35 lakh crore-30.8%
Revenue ExpenditureRs 82,000 croreRs 1.27 lakh crore-35.5%
Capital ExpenditureRs 11,500 croreRs 7,445 crore+54.5%
Interest PaymentsRs 17,100 croreRs 23,900 crore-28.5%
Fiscal DeficitRs 19,300 croreRs 30,465 crore-36.6%
Fiscal Deficit (% of GDP)4.3%3.8%โ€”
Debt-to-GDP Ratio40.4%48.6%โ€”

Department Allocation Changes โ€” 2018-19 vs 2024-25

Which departments gained or lost budget share between 2024-25 and 2018-19

Department2018-192024-25Difference
1. Education
Rs 0
Rs 17,400 crore
-100.0%
2. Agriculture & Allied
Rs 0
Rs 13,700 crore
-100.0%
3. Energy
Rs 0
Rs 11,600 crore
-100.0%
4. Health & Family Welfare
Rs 0
Rs 8,700 crore
-100.0%
5. Rural Development
Rs 0
Rs 8,200 crore
-100.0%
6. Police & Home
Rs 0
Rs 8,000 crore
-100.0%
7. Social Welfare
Rs 0
Rs 6,550 crore
-100.0%
8. Water Supply & Sanitation
Rs 0
Rs 4,500 crore
-100.0%
9. Transport & Roads
Rs 0
Rs 4,500 crore
-100.0%
10. Urban Development
Rs 0
Rs 4,300 crore
-100.0%

How Has Punjab's Budget Changed from 2024-25 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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