Punjab Budget โ 2020-21 vs 2023-24
Year-over-year budget comparison showing how Punjab's fiscal priorities have changed
Budget Growth โ 2020-21 vs 2023-24
2020-21
Rs 1.05 lakh crore
2023-24
Rs 1.29 lakh crore
2020-21
Rs 70,800 crore
2023-24
Rs 98,940 crore
2020-21
Rs 13,000 crore
2023-24
Rs 6,406 crore
2020-21
Rs 33,500 crore
2023-24
Rs 51,400 crore
2020-21
6.6%
2023-24
4.1%
2020-21
Rs 19,700 crore
2023-24
Rs 22,500 crore
Receipts & Expenditure โ Year-over-Year Change
| Particulars | 2020-21 | 2023-24 | Difference |
|---|---|---|---|
| Total Receipts | Rs 70,800 crore | Rs 98,940 crore | -28.4% |
| Tax Revenue (Net) | Rs 33,500 crore | Rs 51,400 crore | -34.8% |
| Non-Tax Revenue | Rs 8,800 crore | Rs 10,051 crore | -12.4% |
| Total Expenditure | Rs 1.05 lakh crore | Rs 1.29 lakh crore | -18.9% |
| Revenue Expenditure | Rs 92,000 crore | Rs 1.23 lakh crore | -25.1% |
| Capital Expenditure | Rs 13,000 crore | Rs 6,406 crore | +102.9% |
| Interest Payments | Rs 19,700 crore | Rs 22,500 crore | -12.4% |
| Fiscal Deficit | Rs 32,200 crore | Rs 30,311 crore | +6.2% |
| Fiscal Deficit (% of GDP) | 6.6% | 4.1% | โ |
| Debt-to-GDP Ratio | 49.1% | 49.6% | โ |
Department Allocation Changes โ 2020-21 vs 2023-24
Which departments gained or lost budget share between 2023-24 and 2020-21
| Department | 2020-21 | 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 2020-21?
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 2020-21 budget analysis or view all available comparisons.
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