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Punjab Budget โ€” 2020-21 vs 2024-25

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

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Budget Growth โ€” 2020-21 vs 2024-25

Total Expenditure

2020-21

Rs 1.05 lakh crore

2024-25

Rs 1.35 lakh crore

2020-21 is -22.3% lower
Total Receipts

2020-21

Rs 70,800 crore

2024-25

Rs 1.04 lakh crore

2020-21 is -31.9% lower
Capital Expenditure

2020-21

Rs 13,000 crore

2024-25

Rs 7,445 crore

2020-21 is +74.6% higher
Tax Revenue

2020-21

Rs 33,500 crore

2024-25

Rs 58,900 crore

2020-21 is -43.1% lower
Fiscal Deficit (% GDP)

2020-21

6.6%

2024-25

3.8%

2020-21 is +73.7% higher
Interest Payments

2020-21

Rs 19,700 crore

2024-25

Rs 23,900 crore

2020-21 is -17.6% lower

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

Particulars2020-212024-25Difference
Total ReceiptsRs 70,800 croreRs 1.04 lakh crore-31.9%
Tax Revenue (Net)Rs 33,500 croreRs 58,900 crore-43.1%
Non-Tax RevenueRs 8,800 croreRs 11,246 crore-21.7%
Total ExpenditureRs 1.05 lakh croreRs 1.35 lakh crore-22.3%
Revenue ExpenditureRs 92,000 croreRs 1.27 lakh crore-27.6%
Capital ExpenditureRs 13,000 croreRs 7,445 crore+74.6%
Interest PaymentsRs 19,700 croreRs 23,900 crore-17.6%
Fiscal DeficitRs 32,200 croreRs 30,465 crore+5.7%
Fiscal Deficit (% of GDP)6.6%3.8%โ€”
Debt-to-GDP Ratio49.1%48.6%โ€”

Department Allocation Changes โ€” 2020-21 vs 2024-25

Which departments gained or lost budget share between 2024-25 and 2020-21

Department2020-212024-25Difference
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 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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