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Punjab Budget โ€” 2020-21 vs 2025-26

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

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Budget Growth โ€” 2020-21 vs 2025-26

Total Expenditure

2020-21

Rs 1.05 lakh crore

2025-26

Rs 1.55 lakh crore

2020-21 is -32.4% lower
Total Receipts

2020-21

Rs 70,800 crore

2025-26

Rs 1.17 lakh crore

2020-21 is -39.2% lower
Capital Expenditure

2020-21

Rs 13,000 crore

2025-26

Rs 11,880 crore

2020-21 is +9.4% higher
Tax Revenue

2020-21

Rs 33,500 crore

2025-26

Rs 64,800 crore

2020-21 is -48.3% lower
Fiscal Deficit (% GDP)

2020-21

6.6%

2025-26

4.2%

2020-21 is +57.1% higher
Interest Payments

2020-21

Rs 19,700 crore

2025-26

Rs 26,500 crore

2020-21 is -25.7% lower

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

Particulars2020-212025-26Difference
Total ReceiptsRs 70,800 croreRs 1.17 lakh crore-39.2%
Tax Revenue (Net)Rs 33,500 croreRs 64,800 crore-48.3%
Non-Tax RevenueRs 8,800 croreRs 12,500 crore-29.6%
Total ExpenditureRs 1.05 lakh croreRs 1.55 lakh crore-32.4%
Revenue ExpenditureRs 92,000 croreRs 1.36 lakh crore-32.5%
Capital ExpenditureRs 13,000 croreRs 11,880 crore+9.4%
Interest PaymentsRs 19,700 croreRs 26,500 crore-25.7%
Fiscal DeficitRs 32,200 croreRs 37,237 crore-13.5%
Fiscal Deficit (% of GDP)6.6%4.2%โ€”
Debt-to-GDP Ratio49.1%47.1%โ€”

Department Allocation Changes โ€” 2020-21 vs 2025-26

Which departments gained or lost budget share between 2025-26 and 2020-21

Department2020-212025-26Difference
1. Education
Rs 0
Rs 19,200 crore
-100.0%
2. Agriculture & Allied
Rs 0
Rs 15,500 crore
-100.0%
3. Energy
Rs 0
Rs 12,800 crore
-100.0%
4. Health & Family Welfare
Rs 0
Rs 10,100 crore
-100.0%
5. Rural Development
Rs 0
Rs 9,500 crore
-100.0%
6. Police & Home
Rs 0
Rs 9,100 crore
-100.0%
7. Social Welfare
Rs 0
Rs 7,400 crore
-100.0%
8. Transport & Roads
Rs 0
Rs 5,300 crore
-100.0%
9. Water Supply & Sanitation
Rs 0
Rs 5,200 crore
-100.0%
10. Urban Development
Rs 0
Rs 5,000 crore
-100.0%

How Has Punjab's Budget Changed from 2025-26 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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